Coin Specifications

Category: Washington Quarters (1932-1998)
Mint: San Francisco
Mintage: 8,244,000
Obverse Designer: John Flanagan
Reverse Designer: John Flanagan
Composition: Silver
Fineness: 0.9000
Weight: 6.2500g
ASW: 0.1808oz
Melt Value: $3.03 (6/23/2017)
Diameter: 24.3mm
Edge: Reeded
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1940 S 25C MS obverse 1940 S 25C MS reverse


  
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Description & Analysis

Production at the San Francisco Mint rose dramatically for 1940. More than three times as many quarter dollars were coined that year as compared to 1939. Quality began to suffer as a result, with many 1940-S quarters revealing worn dies with heavy erosion lines. To continue using such dies, workers repolished them aggresively, and this led to distorted or missing details and, occasionally, random polishing lines that appear raised on the coins. This polishing sometimes led to areas of semi-prooflike fields.

Aside from technical flaws and carefully die preparation, Mint State 1940-S quarters survive in large numbers, and gems are plentiful through MS 66. Examples grading MS 67 also are available to advanced collectors.

Only minor varieties are known, but one die pair combines a doubled obverse with a repunched mintmark.




GRADE SUMMARY

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Price Guide

Last Updated: 4/17/2015

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1940 S 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 8.25 8.50 8.75 9.00 9.50 16.00 16.50 17.50 18.50 22.00 25.00 29.00 37.50 45.00 60.00 155 775 16750 - -
$ - - - - - - - 32.00 41.00 50.00 70.00 225 3050 -

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Census

 
NGC GRADE SUMMARY

Total Graded: 1275
Low Grade: VG
Average Grade: 65
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
3/8/1999 NGC MS 66   Teletrade Auction 1141, 1141/Lot# 1340 $70.85
1/25/2004 PCGS MS 66   Goldberg January 25-28, 2004 Pre-Long Beach Coin and Currency Auction, 23/Lot# 2290 $74.75
8/28/2007 PCGS MS 65   Heritage Auctions Tuesday Internet Coin Auction #27091, 27091/Lot# 13188 $37.00
11/15/2010 NGC MS 66   David Lawrence Rare Coins Monday - Internet Auction # 532, 539/Lot# 442 $89.70
7/26/2012 NGC MS 67   Stack's Bowers The August 2012 Philadelphia ANA World's Fair of Money Auction, 140/Lot# 5849 $3,852.50
2/17/2013 PCGS MS 66   GreatCollections GreatCollections Coin Auctions 02/17/2013, 62/Lot# 65498 $115.50


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