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 (1/28/2020)
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: 10/31/2019

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

1938 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 8.25 8.50 9.85 16.00 19.90 42.00 47.00 50.00 65.00 85.00 90.00 105 120 140 195 275 950 5250 - -
$ - - - - - - 95.00 110 125 150 240 415 3250 -

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Census

 
NGC GRADE SUMMARY

Total Graded: 1183
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: 1/28/2020 1938 25C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--1126218112554-134880262359235561--1183
----------------2-----2
---------------1-32---6
-----------------------
Total--1126218112554-134880263361238581--1191
 --0%0%0%1%2%1%1%2%5%-1%4%7%22%30%20%5%0%-- 

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