1945 Quarter Worth?

Discussion in 'Coin Chat' started by MaxV773, Jan 9, 2017.

  1. MaxV773

    MaxV773 Member

    Hey. New to this collecting thing. Whats the worth on this In Circulation 1945 Quarter. Pretty sure its worth more than face value as its before 1965. Or something. Heard anything before that is 90% silver or??? IM STILL LEARNING.
     

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  3. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    ABout 4-6 $ in melt... For a complete set pds + proof s in raw maybe 350-700

    From the hobby center and think tank of MTS.LLC
     
  4. MaxV773

    MaxV773 Member

    Pds + proof s? Quick explanation?
     
  5. stldanceartist

    stldanceartist Minister of Silly Walks

    Coinflation has a silver melt value calculator that is updated to current silver spot. Using Coinflation's calculator, the current "melt value" (basically, the value of a coin based solely on its' precious metal content) is $3.01. This can also be expressed in terms of Face Value (your coin currently has a melt value of 12x FV.)

    PDS means, basically, one from each mint - Philadelphia, Denver, and San Fransisco.

    Coins you get in change are known as business strikes. An uncirculated version of this will be commonly known as BU (Brilliant Uncirculated) or MS (Mint State.)

    Coins with a highly polished mirror finish that were produced specifically for coin collectors by the US Mint are called proof strikes.
     
  6. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    Hits the nail on the head

    From the hobby center and think tank of MTS.LLC
     
  7. Kentucky

    Kentucky Supporter! Supporter

  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    If you have a copy of the Red Book, you will find that every denomination struck in silver will list the silver content in each coin. In the case of 90% silver Washington quarters, it is .18084 ozs. of silver.

    Chris
     
  9. davidh

    davidh soloist gnomic

    Better get yourself a coin collectors dictionary; people here love to talk in acronyms and think everyone should know what they mean (don't be afraid to ask but try not to be affected by the responders that treat you like a simpleton for not knowing).

    PDS refers to the three mints that made quarters - Philadelphia, Denver and San Francisco. A proof is a special made coin from the mint made from dies that have extra detailed and polished surfaces and using polished specially handled blanks.

    Your coin, in its circulated and worn condition is only worth its silver value - currently about $3.00. A dealer would only pay about 85% of that, taking into account the cost to ship to a smelter and still be able to profit on the transaction.

    Aside from a few error coins, the only quarters in the condition yours is in that might be worth a premium are the 1932D and 1932S examples.
     
    Last edited: Jan 10, 2017
  10. MaxV773

    MaxV773 Member

    Thanks alot. And i knew about the p,d,s, i was just toooo slow to realize that its was just short for them. Arent older coins with S worth more?
     
    Kentucky likes this.
  11. Mad Stax

    Mad Stax Well-Known Member

    Depends on the mintage and condition. As davidh stated, the only circulated washington quarters that have large premiums over FV are the 32D and 32S
     
    MaxV773 likes this.
  12. Kentucky

    Kentucky Supporter! Supporter

    And that oz is a Troy oz, not an Avroi... Avoir... other kind of ounce used to weigh cheese.
     
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