Coin Specifications

Category: Washington Quarters (1932-1998)
Mint: San Francisco
Mintage: 4,204,000
Obverse Designer: John Flanagan
Reverse Designer: John Flanagan
Composition: Silver
Fineness: 0.9000
Weight: 6.2500g
ASW: 0.1808oz
Melt Value: $4.39 (12/4/2020)
Diameter: 24.3mm
Edge: Reeded
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1946 S 25C MS obverse 1946 S 25C MS reverse
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Description & Analysis

The onset of a postwar economic recession is evident in the greatly reduced mintage of quarter dollars at San Francisco, fewer than a fourth the number struck there in 1945. This issue was nonetheless widely hoarded by the BU roll and is not scarce. Indeed, there are large numbers of 1946-S quarters certified through MS 67. A few pieces have been labeled PL for prooflike, a quality imparted to the dies through aggressive repolishing to remove clash marks and/or erosion lines. This further points to overuse of said dies in an economy move. All federal departments and agencies had their budgets slashed after the war's end, and the overall quality of United States coins suffered for the next 20 years and more.

A handful of minor doubled-die obverse varieties are known, but of more interest are several repunched mintmarks. These are all of the Trumpet-Tail S variety, the only mintmark punch known for this issue.

GRADE SUMMARY

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Price Guide

Last Updated: 4/27/2020

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

1946 S 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 7.75 7.75 8.00 8.25 8.25 8.75 9.00 9.50 9.75 10.00 10.25 12.00 14.00 21.00 43.00 70.00 425 10500 - -
$ - - - - - - - - - 23.00 47.50 100.00 765 -

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: 6951
Low Grade: VG
Average Grade: 65
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: 12/1/2020 1946 S 25C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--1------35-4543352317829633853--6942
--------------36941611--121
----------------43510---49
-----------------11---2
Total--1------35-4546358319130404574--7114
 --0%------0%0%-0%0%1%5%45%43%6%0%-- 
1946 S 25C MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------2241----9
-----------------------
-----------------------
-----------------------
Total--------------2241----9
 --------------22%22%44%11%---- 

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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.