Coin Specifications

Category: Washington Quarters (1932-1998)
Mint: Philadelphia
Mintage: 9,472,000
Obverse Designer: John Flanagan
Reverse Designer: John Flanagan
Composition: Silver
Fineness: 0.9000
Weight: 6.2500g
ASW: 0.1808oz
Melt Value: $4.24 (11/26/2020)
Diameter: 24.3mm
Edge: Reeded
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1938 25C MS obverse 1938 25C MS reverse
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Description & Analysis

The Philadelphia Mint's production of quarter dollars was again cut in half this year, a response to the economic recession of 1937-38. There is no shortage of Mint State 1938(P) quarters, however, as collectors and speculators diligently saved fresh rolls of each and every issue from the mid 1930s until the introduction of clad coinage in 1965 discouraged such activity. Superb gems are available certified as MS 67.

A nice doubled-die obverse variety may be found, with the doubling visible on IN GOD WE TRUST. A far lesser DDR variety is also known but has attracted little interest from collectors.

GRADE SUMMARY

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Price Guide

Last Updated: 7/20/2020

Click on a price to see historical prices, comparison charts and trends.

1938 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 8.25 8.50 9.75 9.50 20.00 42.50 45.00 50.00 65.00 85.00 90.00 100.00 115 140 210 275 950 5250 - -
$ - - - - - - 95.00 110 125 150 240 415 3250 -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 1202
Low Grade: VG
Average Grade: 63
High Grade: 68

The chart showing VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 11/24/2020 1938 25C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--1126218122958-135179266360236581--1202
----------------2-----2
---------------1132---7
-----------------------
Total--1126218122958-135179267363239601--1211
 --0%0%0%0%2%1%1%2%5%-1%4%7%22%30%20%5%0%-- 

NGC Registry

NGC Registry Score 1938 25C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base24283237638112317119020125532033638142347760977416583902729910870
252934466995139177194219277325351395441521664106924065034848911414
00000013917719421927732535139544152166410692406503400
00000015518419723729833136640945956571913633154616700
Registry Image Gallery
Grade: MS 67
Points: 2406
Owner: DNA Silver
 
Grade: MS 67
Points: 1658
Owner: Daniel McMunn
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.