The Washington Quarters were made for the US famous President George Washington also known as the founding father. There are many mint quarters with Washinton obverse in circulation and the 1940 quarters are high-value coins. The 1940 quarters now is not more than face value based on coin conditions. Here we will learn its features, details, and errors. So let’s get started with 1940 Washington Quarter Values.
History of 1940 Washington Quarter
In 1924 first time Congress set up the US George Washington Bicentennial Commission which was arranged to celebrate the 200th USA first president’s anniversary. First time in 1932 the celebration president was conducting.
The Washington Quarter was first time made in 1932 and the first silver coin 25 cents was made for circulation. With the introduction of these coins, the standing liberty quarters were replaced.
There was a competition arranged for the design of new half dollars. Many designers provided different designs and the commission selected Laura Gardin Fraser’s design. Who was a famous designer and ready had make different famous designs.
In 1932 the legislation passed for replacing the Liberty quarters with new Washinton quarters and not half dollars. Since for selection of the design was involved by the United States Treasury Department so previous not selected and a new completion was arranged for the selection of the design and Fraser’s design was selected.
The mint quarters were released for circulation in 1932. 1940 is part of that series made on the 200 birthday of the president. In 1040 quarters made are listed here.
| Mint | Mint Mark | Quantity |
| Philadelphia | 1940 no mint mark quarter | 35,704,000 |
|
San Francisco
|
1940 S quarter | 8,244,000 |
| Denver | 1940 D quarter | 2,797,600 |
| Philadelphia | 1940 proof quarter | 11,246 |
| Total | / | 46,756,846 |
1940 Washington Quarter Value chart
| Mint mark | Good | Fine | Extremely Fine | Uncirculated |
Proof (PR/PF 65)
|
|
1940 No-mint mark Quarter Value
|
$8.50 | $9 | $10 | $8,500 | |
|
1940 D Quarter Value
|
$10 | $20 | $50 | $5,000 | |
|
1940 S Quarter Value
|
$8.50 | $10 | $15 | $8,000 | |
|
1940 Proof Quarter Value
|
– | – | – | $7,750 | 200 |
1940 Washington Quarter Grading
| Number | Grade |
| 1 | Basal State-1 |
| 2 | Fair |
| 3 | Very Fair |
| 4, 5, 2006 | Good |
| 7, 8, 10 | Very Good |
| 12, 15 | Fine |
| 20, 30 | Very Fine |
| 40 |
Extremely Fine
|
| 50 |
About Uncirculated
|
| 60 | MS |
| 65 | MS |
| 70 | MS |
1940 No Mint Mark quarter Value
In 1940 Philadelphia mint made about 135,704,000 quarters. These coins do not have mint marks and there find but coins are found in good condition. Due to high mintage, there are many coins in circulated conditions and their value is not more than face value.
For circulated conditions, the 1940 quarter is about 13 to 22.50 dollars.
Uncirculated conditions coins are about 8500 dollars. The 1940 Quarter MS68 grade sold in 2013 for $19,975.
MS68 values are in auctions about $5,760 to $8,750 at auctions. Some different grades’ value is as
| Grade | Value |
| MS-60 | $20 |
| MS-61 | $26 |
| MS-62 | $28 |
| MS-63 | $36 |
| MS-64 | $42 |
| MS-65 | $56 |
| MS-66 | $80 |
| MS-67 | $260 |
1940 D Quarter Value
The Denver mint made 2,797,600 19409 quarters and these coins have mint mark D. The 1940 Denver coins are higher cost than other minted coins. MS68 grade coin sold for 17500 dollars in 2022.
MS68 sold for 4080 dollars in action in 2008.
The circulated coins have a value range of $8 to $54 and AU conditions are about 67 dollars.Value of 1940 D for different grades is as
| Grade | Value |
| MS-60 | $140 |
| MS-61 | $150 |
| MS-62 | $160 |
| MS-63 | $200 |
| MS-64 | $250 |
| MS-65 | $285 |
| MS-66 | $475 |
| MS-67 | $750 |
1940 S quarter Value
The S mint made 8,244,000 1940 quarters and most coins are in circulation. Circulated conditions coins are $9.4 to $20.
Mint states are low cost, especially for low quality. They can get in the range of $26 to $450.The MS68 grade coins have a value range of $8,000 to $13,000. It was sold in 2021 for $10,200.
These coins in circulated conditions are $8 to $27.50.
In 2022 MS68 grade sold for $2,070.
Some other frade coins vlaue is as
1940 proof Washington Quarter Value
There were about 11246 1940-proof quarters made. These are preserved and come in different grades. The value of coins PR60 to PR65 is in the range of 60 to 150 dollars.
PR66 value is 165 dollars or higher and PR67 grade is $400.
1940 PR 68 quarter value is about 5500 dollars
The 1940 Proofquarters PR68 value in action is about $8,625 sold in 2008 and MS 68+ sold for $15,000 in 2022
Features of 1940 Washington Quarter
Obverse of 1940 Washington quarters
The 1940 quarter obverse comes with left-facing photo of President George Washington. The motor IN GOD WE TRUST is also written there and the initials of the designers are also on this side
Reverse of 1940 Washington quarters
The 1940 quarters’ back side comes with an eagle having wings spread out. It also has arrows bunched over two olive branches. The arrows show that the US is ready for war and the twigs show they are also working for peace. On this side of the coin, there is the country name UNITED STATES OF AMERICA motto E PLURIBUS ENUM, and the denomination ONE DOLLAR also written.
Some other features of the 1940 Washington Quarters are
- The face value of the 1940 quarter is 0.25 dollars
- It is round and made with silver and ten percent copper. It is also called the Silver Quarter.
- Its thickness is 1.75 mm and its diameter is 24.3mm
- its weight is 6.25 g and the weight of coin silver is 5.623 g.
1940 Washington Quarter Errors List
Doubled Die Error
The double die error on 1940 quarters is part of P, D, and S mints. This error is the result of die when making a doubling effect on coins. In earlier times coin design struck manually two times and printed details of coins.if there’s any adjustment in coins place causes double print of the design on coins.
The doubling effect on the front side of the coins is called double die obverse and the doubling affect can seen on the coin mining date and letter on the front side. The coins with this error have a value of 70 to 130 dollars
1940 D MS 66 quarter with double die obverse sold for $2,880 on 22, 2018.
Re-punched mint mark Error
The 1940 quarters come with re-punched mint mark that is due to a double strike. It occurs when the first attempt for mark printing is not at the right pointnt then re-punching causes the error. The coins with this error has a value range of 20 to 400 dollars.
The Denver minted 1940 Washington quarter mostly have re punched mint mark error. That MS66 grade sold for 2585 dollars in 2015.
The most valueable 1940 Washington Quarter
- 1940 MS 68 Washington CAC quarter= Sold for $19,975 in 2013
- 1940 D MS 68 Washington Quarter= sold for $17,500 in, 2022,
- 1940 D MS 66 RPM Washington D over D error quarter= sold in for $2,585
- 1940 S MS 68 Washington quarter= sold in 2021, for $10,200
- 1940 PR 68 Washington quarter appeared= sold in 2008, for $8,625
- 1940 D MS 66 Washington DDO error quarter=sold in 2018, for $2,880
Are 1940 Washington quarters rare?
The Denver mint made low number of coins than other mints so they are rare. The 1940 D quarters are premium coins as compared to S and P minted coins. MS67 grade of all 3 mints are high value and rare coins
Is a 1940 quarter silver?
The 1940 Washington quarters are made with the use of 90 percent silver and 10 percent copper so they are known as silver quarters.
Are Quarters from 1940 Worth Anything?
The value of 1940 D quarters that are rare has value about 350 dollars and 1940 quarters MS65 grade is 70 to 100 dollars.
1940 Proof quarters value is about 200 dollars for PR65 grade.
The 1940 quarters with MS68 grade is about $8,000 to $18,000.