1934 Quarter Value: How Much Is It Worth Today?
Are you prepared to take a trip through time? You’re in luck because we have just the item to get you there: the quarter from 1934. Even though this silver jewel was once worth 25 cents, it is today a priceless artifact from the past. Imagine the tales it could tell about the struggles and victories of those who carried it with them during one of the most challenging times in American history. It’s time to add the 1934 quarter to your collection since it’s more than just a coin; it’s a physical representation of nostalgia and a doorway into a previous era.
1934 Quarter Value Chart
|Mint Mark||Good||Fine||Extremely Fine||Uncirculated|
|1934 No Mint Mark Quarter Value||$4.00||$4.50||$10.00||$70.00|
|1934 Denver Mint Mark Quarter Value||$4.20||$5.00||$12.00||$150.00|
1934 No Mint Mark Quarter Value
1934 No Mint Mark Quarter, sometimes referred to as the Washington Quarter, is a special coin in US Mint history. It lacks a mint mark, unlike other currencies made that year, proving it was made in the Philadelphia Mint. The United States Mint was in the process of switching from the previous Standing Liberty design to the Washington Quarter design that is still in use today when the 1934 No Mint Mark Quarter was struck.
To mark George Washington’s 200th birthday, the Washington Quarter was first issued in 1932. On the left side of the coin’s obverse was a bust of George Washington, while on the right side was an eagle. The words “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM” are written around the eagle at the top and bottom, respectively. To the right of the eagle is the denomination “QUARTER DOLLAR”.
The United States Mint launched a competition to select an appropriate design, and John Flanagan, a sculptor, won. The people loved the Washington Quarter’s simple, graceful design and patriotic symbolism, and it became popular right away.
The Standing Liberty design, which had been in use since 1916, was phased out by the United States Mint starting in 1934. Although the Standing Liberty Quarter was a well-liked coin, it had a number of design problems that made it challenging to strike accurately. The Washington Quarter, which had a more reliable design and was simpler to create, was viewed as an upgrade. The Philadelphia Mint and the recently opened Denver Mint both started producing Washington Quarters in substantial quantities.
The weight of the 1934 Philadelphia Quarter is 6.25 grams. This is the standard weight of all Washington Quarters issued between 1932 and 1964.
Collectors prize 1934 No Mint Mark Quarter as a rare and valuable coin. The condition of the coin plays a role in determining its value because one that is in lousy shape might only be worth a few dollars, but one that is uncirculated might be worth thousands.
1934 Denver Mint Mark Quarter Value
The 1934-D quarter was made at the Denver Mint in Colorado and has the same basic design as other Washington Quarters from the same time period, but it also has a few distinctive elements that set it apart from other coins from the same time period. The bust of George Washington facing left is depicted on the obverse of the 1934 Denver Quarter, which also has the words “LIBERTY” and “IN GOD WE TRUST” inscribed at the top and bottom, respectively. Immediately to the right of Washington’s bust is the year “1934.”
The words “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM” are inscribed at the top and bottom of the reverse of the coin, which depicts a bald eagle perched on a branch with its wings spread. To the right is the denomination “QUARTER DOLLAR”.
In the 20th century, the Denver Mint had a significant impact on American history. The mint created coinage for the war effort during World War II, particularly the pennies that were used to pay soldiers. As part of the government’s try to stabilize the silver market, the mint also created millions of silver coins.
The Great Depression, a time of extreme economic suffering that impacted millions of Americans, was the backdrop for the production of the 1934 Denver Quarter. Since the coin was made in relatively tiny quantities compared to other coins and even its twin produced in Philadelphia, it is now more uncommon and expensive among collectors.
The 1934-D coin has a 6.25-gram weight. The composition of the currency is 90% silver and 10% copper, which was the same as that of other quarters produced at the time. The coin is 1.75 mm thick and 24.3 mm in diameter.
A 1934-D Washington Quarter’s worth can vary significantly. In April 2023, a 1934-D Washington Quarter graded Fine-12 in circulation might be worth between $7 and $10, while an MS-63 coin in perfect condition could be worth between $140-$160.
Even though it is not normally thought of as a rarity, the 1934-D Washington Quarter has managed to shine in the world of coin auctions. This coin has been known to earn remarkable prices when in exceptional condition or when possessing distinctive qualities.
A 1934-D Washington Quarter from Heritage Auction, which houses one of the most comprehensive collections of U.S. coins ever assembled, was one such significant transaction. This particular coin, graded by PCGS as MS-67 (one of the best grades for this coin type), went for an astounding $21,850.00 at an auction in 2007.
1934 Quarter Grading
Like all coins, the value of the 1934 Quarter is significantly influenced by its condition. The Sheldon Scale, which has a range of 1 (barely recognizable) to 70 (excellent condition), is the grading system that coin collectors most frequently employ.
However, coin grading is not an exact science, and different grading firms or individual collectors may have slightly different perspectives. While some coin collectors favor coins with their natural surfaces and tones, others favor coins that have undergone a thorough cleaning procedure to eliminate any dirt or debris.
Collectors might find the ideal 1934 Quarter to add to their collection by looking closely with a critical eye, but if you want a better look at how grading works on a 1034 coin, you can check out this video.
1934 Quarter Errors
Double Die Obverse
The 1934 Quarter’s Double Die Obverse error is one of the most well-known and valuable errors. When the die used to strike the coin becomes misaligned during the striking process, the coin gets struck twice in the same spot. On the obverse side of the coin, this results in a doubled image of George Washington’s profile, with the second image slightly offset from the original.
The degree of the double effect varies, with some coins having a more significant doubling impact than others. This can be affected by factors such as die misalignment or the amount of pressure exerted during the striking process.
In certain circumstances, the doubling is so intense that it produces a distinct and visible second picture offset from the original. The degree of doubling can also have a significant impact on its value. Coins having a stronger doubling effect or in exceptional condition might fetch a higher price.
A coin that is not properly centered within the die while striking results in an Off-Center Strike mistake. This error happens for a number of reasons, including coin movement during striking or a misaligned or damaged die. The most extreme examples are coins with the picture or inscription completely removed from the edge.
Due to their distinctive appearance and the fact that they are the result of the minting process, collectors frequently find these coins to be fascinating. Coins with a more substantial off-center striking are typically more valued, so keep an eye out for them.
The intriguing error known as “Clashed Dies” happens when the coin’s striking dies come into contact with one another before the coin is struck. As a result, the coin’s surface bears the impression of the die, leaving a ghostly picture or pattern. The sound that the dies produce as they collide is where the word “clashed” originates.
Clashed Dies mistakes can give the coin unusual and fascinating looks. An intriguing addition to any collection, the ghostly picture or text on the coin’s surface can give it a sense of mystery and intrigue. They typically don’t have the same value as other faults like the Double Die Obverse, though.
Struck on a Nickel Planchet
A 1934-D Washington quarter that was produced with a planchet meant for a nickel rather than a quarter is known as a coin struck on a nickel planchet. The blank planchet meant for a nickel mistakenly gets inserted into the coining press used to strike quarters. As a result, the coin is made of nickel rather than the planned silver alloy but has the same pattern as the Washington Quarter.
Collectors may be interested in this kind of inaccuracy since it is a unique and intriguing variety of the 1934-D Washington Quarter. The condition of the coin and the degree of error will both affect the coin’s worth, with more serious errors typically being more valuable, so stay alert for the coins out there with the most interesting looks.
In the 1934 quarters, there is an intriguing and distinctive inaccuracy known as the Light Motto error. This mistake, which makes the motto “IN GOD WE TRUST” look “light” in comparison to other 1934 quarters, was brought on by a misalignment during the minting process.
Due to its scarcity and distinctive appearance, this mistake is frequently sought by collectors and may lend a personal touch to any coin collection. However, because the Light Motto mistake might seem extremely slight to the untrained eye, it can be difficult to spot.
It’s crucial to carefully inspect the coin’s surfaces and edges for any anomalies if you’re considering adding a 1934 Light Motto quarter to your collection. Although it could take some work, many collectors find that the benefit of owning such a distinctive coin is well worth the effort. Here, you can see how a 1934 quarter with a light motto error looks.
1934 Quarter FAQ
Is a 1934 quarter pure silver?
The silver content of the 1934 quarter is 90% silver and 10% copper, not pure silver. All quarters produced between 1932 and 1964 had this composition, which has a high silver content that makes it permanently valuable while having a small face value.
How much is a 1934 quarter worth?
The quality of a 1934 quarter, the mint mark, and any errors or variants it may have are just a few of the variables that might affect its worth. Typically, the value of a 1934 quarter ranges from a few dollars to several hundred dollars for rare variations.
How many quarters were minted in 1934?
Over 58 million quarters in all were produced in 1934, with each mint producing a certain amount. Denver and Philadelphia were among the mints that produced them.
Is there a rare 1934 quarter?
There is no one type of rare 1934 quarter, however different types and flaws can increase the value of various coins. The 1934-S Doubled Die Obverse, the 1934-D Overdate, and the 1934-D Doubled Die Obverse are a few instances of scarce 1934 quarter variations. The demand for these coins among collectors is considerable, and they can sell for a lot at auction.