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: $3.15 (5/28/2017)
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: 3/4/2015

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

1938 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 8.25 8.50 9.00 9.50 15.00 42.50 45.00 50.00 62.50 85.00 90.00 100.00 115 135 210 335 1150 - - -
$ - - - - - - 95.00 110 125 150 240 500 4950 -

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Census

 
NGC GRADE SUMMARY

Total Graded: 1129
Low Grade: VG
Average Grade: 64
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
12/13/2004 PCGS MS 66   Heritage Auctions 2004 December Dallas Bullet Sale #278, 278/Lot# 900 $276.00
11/19/2007 NGC MS 64   Teletrade Auction 2451, 2451/Lot# 1272 $95.20
9/16/2012 PCGS MS 65   GreatCollections GreatCollections Coin Auctions 09/16/2012, 40/Lot# 71610 $146.66
10/17/2012 PCGS MS 67   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 1633 $7,343.75
10/6/2013 PCGS MS 65   David Lawrence Rare Coins Internet Auction # 772, 781/Lot# 788 $160.00
6/22/2014 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 06/22/2014, 200/Lot# 201552 $78.10
9/22/2014 PCGS MS 66   Goldberg September 22-25, 2013 September Pre Long Beach, 75/Lot# 680 $230.00
  NGC MS 67   Bonhams $585.00


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