First minted in 1932, the Washington Quarter Dollar was introduced to commemorate the 200th birthday of George Washington, the first president of the United States. It was then decided to forego the commemorative status in favor of the coin becoming a regular issue, replacing the Standing Liberty Quarter (1916-1930).
Designed by New York sculptor John
Flanagan, the silver version was minted from 1932 through 1964
(with the exception of 1933 when none were produced) and
continues to be produced today in its clad version of copper and
nickel. A total of three U. S. Mints were involved in the
production of the Silver Washington Quarter: Denver;
Philadelphia; and San Francisco.
popular U.S. silver coin features the head of George Washington
(inspired from a bust of Washington by Jean Antoine Houdon) on
the obverse side of the coin and a modernistic spread-winged
eagle on the reverse. The mint mark is on the reverse side
just below the wreath. Mint marks are "D"
for Denver and "S" for the San Francisco Mints.
If no mint mark appears, it was minted in Philadelphia.
Washington Silver Quarters are 90% silver and 10% copper. Silver quarters that are uncirculated contain .1808 Troy ounces of pure silver while those circulated are considered to contain .1788 Troy ounces of pure silver due to the "wear factor" in handling these coins (sometimes referred to as trade content). Circulated silver coins (including Washington Quarters) are sometimes referred to as junk silver.
To determine the silver (melt) value of a circulated Washington silver quarter, multiply .1788 times the current spot price of silver.
Example: .1788 x $18.00 = $3.22