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: $3.10 (10/23/2017)
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: 10/13/2017

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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: 1140
Low Grade: VG
Average Grade: 63
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
1/1/2007 NGC MS 63   David Lawrence Rare Coins Internet Auction # 120, 125/Lot# 5240 $132.25
11/19/2007 NGC MS 65   Teletrade Auction 2451, 2451/Lot# 1275 $145.60
2/10/2008 PCGS MS 66   Goldberg February 10-13, 2008 Pre-Long Beach Coin and Currency Auction, 44/Lot# 2137 $402.50
6/30/2013 PCGS MS 66   GreatCollections GreatCollections Coin Auctions 06/30/2013, 81/Lot# 121419 $209.68
5/19/2014 PCGS MS 66   Stack's Bowers iAuction 3482, 6031/Lot# 20266 $276.13
6/4/2014 PCGS MS 67   Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(3), 1206/Lot# 4500 $3,818.75
  NGC MS 67   Bonhams $585.00
9/3/2017 PCGS MS 65   Heritage Auctions Internet Coin Auction Session(2), 131737/Lot# 23828 $132.00


NGC Registry

NGC Registry Score 1938 25C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base24323232375910617519823027232033636640947168494922334681729910870
27323234447512918320924428832534638043054277213773049555484890
00000012918320924428832534638043054277213773049555400
00000015219021925830433135639545061386118053865642600
Registry Image Gallery
Grade: MS 67
Points: 2233
Owner: erwindoc
 
Grade: MS 67
Points: 2233
Owner: G.M.Chow Collection
 
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