1937 Quarter Value: How Much Is a 1937 Silver Quarter Worth?

How Much Is a 1937 Quarter Worth Today?

The Washington quarter is the current line of U.S. quarter denominations. The Washington quarter line started in 1932, so the 1937 issue was one of the earliest. In our modern times, the 1937 issue is considered very valuable due to its age and silver content.

What is the average 1937 quarter value today? We present the table of values best for the most common Philadelphia Mint issue:

Type	Typical Value Range	Notes
Average circulated condition	$17 – $20	Common wear from circulation. The value comes from the silver content
About the circulated condition	$20– $25	Has some wear, but overall a greatly defined piece
Uncirculated (Mint State, MS)	$25 – $45+	Has luster and details. The value depends on eye appeal + silver content

Overall, the 1937 quarter is exceptionally valuable. Many bits from the same year (e.g. 1937 half dollar) were valuable, too.

1937 Washington Quarter Silver Content

The U.S. Mint made silver bits for a long time. Silver was more affordable a few decades ago, but now it is reserved for proof and bullion coins.

In low grades, the 1937 silver quarter value depends almost entirely on its silver content, so how much silver does this coin have?

Attribute	Details
Country (Issuer)	United States of America
Years of Minting (Regular Issue)	1932 – today
Type	Circulating coin
Shape	Round
Diameter	24.3 mm
Metal Composition	90% Silver, 10% Copper
Weight (Total)	6.25 grams
Minting Facilities	Philadelphia (no mint mark), Denver (D), San Francisco (S)

Keep in mind that post 1965 quarters no longer have silver. Instead, they contain cupronickel.

1937-D Quarter Value

The 1937-D Washington quarter, produced at the Denver Mint, generally tends to have a slightly higher price than the Philadelphia issues:

The mintage: 7,189,600 bits.
Circulated examples often sell for roughly $17 to $20. Similar to the most common Philadelphia issue.
About uncirculated to uncirculated coins go for the price from $35 up to $50+.
High mint state (MS60–MS65) bits are especially valuable, and go for at least $95, and often more.

1937-S Quarter Value

The 1937-S quarter was struck at the San Francisco Mint. The “S” type is the scarcest among the three Mints and reaches the highest values.

The mintage: 1,652,000 bits.
In average condition, many examples sell for around $30–$70.
Near-uncirculated condition bits often fetch $130+.
High uncirculated bits can exceed $400, especially if they have a certificate of authenticity.

On top of higher values, the “S” types are just made different. They were mostly proofs, a special coin variety that is purposely struck twice to keep the smallest details. Beauty and value in one.

What Affects the Value of a 1937 Silver Quarter

a rare and valauble 1937 double dies quarter.

Collectors are interested in valuable coins, first and foremost. Several factors make a 1937 Washington quarter especially valuable:

Condition (Grade)

Coins are graded from Poor (P) to Mint State (MS), on a scale from 1 to 70 points.
Higher grades, especially uncirculated examples, can multiply the value many times over compared with worn bits.

Mint mark

Mint marks signify the place where the coin was minted, and certain facilities are rarer.
No mint mark (Philadelphia) and D (Denver) Mints are often the most common, and their coins typically have average values.
The S (San Francisco) Mint makes bits that are less common and often more valuable.

Mintage

Lower mintage typically makes a coin rare.
Logically, if 1937 “S” types are the lowest in numbers, they are the rarest.

Silver spot price

These coins contain silver, a valuable metal in demand today.
A high silver composition means that these coins are very close to the silver spot price.

Errors and varieties

Any mint mark type can also have an error.
There are common errors like off-centre strikes or cuds, often adding about $30+ to the price.
Unusual errors like double dies could be worth multiple hundred dollars.

“There have been many double die obverse (front) errors found in the 1937 Washington Quarter minted at the Philadelphia mint. These are worth anywhere from $750 to $3,500 each. In addition to errors, there are also 5,542 proof coins issued at the mint this year. Those are worth up to $790 assuming you can find a buyer.”
— Coin Trackers
Official Website

Conclusion

1937 is far gone, but the coins from that year still retain their value, and a very respectable value at that. You cannot find circulating coins with similar values nowadays. The design might be the same, but the materials used are not the same.

Do you have any other bits in your collection? Try the Coin ID Scanner. This app can identify all kinds of bits, old and new. After a quick scan, the app will tell you about the coin’s denomination, name, year of making, and value.

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