The Complete Guide to

--

Washington
Quarters
ik

by
John Feigenbaum
The Complete Guide to

Washington
Quarters
By
John Feigenbaum

mm
PRESS

k
Virginia Beach, Virginia
 The Complete Guide to Washington Quarters

Copyright © 1994 by DLRC Press

ALL RIGHTS RESERVED. No part of this book may be reproduced or

utilized, by any means, without permission in writing from the pub¬
lisher, except by a reviewer who wishes to quote brief excerpts in con¬
nection with a review in a newspaper or magazine.

ISBN 1 880731 20 7 softcover • 1-880731-23-1 hardcover

Library of Congress Catalog Number 94-94142

PRESS

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Look for these and other titles from DLRC Press:

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Dedicated to my wonderful
wife, Rachael, who means
everything to me.
 Acknowledgements

The date and mint-mark photography was provided by Tom

Mulvaney. He is responsible for nearly all the photos without credit
lines. Most of the remaining photos, which include a number of
the errors and nearly every variety shown were provided by Bill
Fivaz and J.T. Stanton whose contribution was invaluable to this
book.
A special thanks goes to Charles Kirtley, a specialist in medals
and tokens, and J.P. Martin of the American Numismatic
Association who provided special sections in their respective fields
of expertise and to Elliot Goldman of Allstate Rare Coins for his
foreword and valuable comments on certain dates.
I would also like to extend my appreciation to my mother Lynn
for providing her professional editing expertise (which. I have to
admit, was sorely needed).
The following people were also very helpful and provided the
use of their coins and/or very useful information and insight to the
preparation of this book: Phil Carrigan, Barbara Gregory, Earl
Hawthorne, Bill Kemp, David Lawrence, Robert Lehmann, Harry
Miller, Paul Neuenkirk, Fred Weinberg, David Woloch and J.J.
Woodside.
Thanks also to the following institutions for providing access
and permission to their archives: American Numismatic
Association Library and Authentication Bureau and the
Smithsonian Institution National Museum of American History.
The following organizations provided permission to reprint
information from their publications: Western Publishing Company
- A Guidebook of United States Coins by R.S. Yoeman; Numismatic
Guaranty Corp. - NGC Census; CDN, Inc. - The Coin Dealer
Newsletter and Monthly Summary; Amos Press - Coin World;
Krause Publications - Numismatic News; American Numismatic
Association - The Numismatist.
 Foreword
by Elliot S. Goldman

When you think back of the sets that we all collected as kids,
Washington quarters must be included. I remember looking
through change back in the 1950’s and 1960’s, trying to find the
elusive 1932-D and -S dates. As I got older and wanted to put an
uncirculated set together, most every coin I looked at had unsight¬
ly bag marks on Washington’s head because of the high relief. It
was and still is very difficult to find nice gem coins, and that’s the
reason for my optimism for this popular series.
Today, the collector or collector/investor can purchase PCGS
or NGC certified coins in MS65 to MS67 at unbelievably low prices.
MS65 certified coins in the 1930’s are genuinely scarce, and can be
purchased for $50-$75 each for “P” mints. If you look around the
bourse floor of any coin show or check through advertisements in
the coin magazines, you’ll find that nice pieces are seldom offered.
How can something that's widely collected and seldom seen nice
be so inexpensive? Original rolls of quarters in the 1930’s are not
around, which means that few coins will be graded in the future.
In addition, it is very likely that prices will increase substantially.
Since it costs some $25 to have a coin graded, values will have to
increase before some dates are submitted. In other words, it’s vir¬
tually impossible for this series not to have tremendous potential.
I put together a nice set myself and have recommended to my
friends that they do the same. It only makes sense since prices of
nice coins are so low. There is almost no down-side risk, and the
sky is the limit.
I’m really glad to see that John has put this book together —
we in the hobby needed a clear and concise focus on Washington
quarters.
Enjoy yourselves and happy hunting!

Elliot S. Goldman
Professional Numismatist
Allstate Coin Co.

vi
 Introduction

The Washington quarter series is a great set to put together. In

assembling this book, I wanted to provide a reference for all those
interested in this series from the casual observer to the advanced
collector and the investor.
For the beginner, the Washington quarter series offers a selec¬
tion of more than 130 coins, all affordable. Prices start at face
value and rarely go over a few dollars per coin in circulated grades.
For the advanced collector, it’s remarkable to find a series in
which most dates are still readily available in flashy uncirculated
grades for less than $20 per coin. Yet the set is challenging because
of the early dates.
The investor also has strong incentive to buy Washington
quarters. Many dates sell for a fraction of the prices they com¬
manded in 1991 — and they were arguably undervalued then.
It has truly been a pleasure compiling this book and I hope you
will find it useful. Comments are welcome, especially regarding
new variety discoveries.

John Feigenbaum
March 1994

Please contact me at:

c/o David Lawrence Rare Coins
P.O. Box 64844
Virginia Beach, VA 23467
 Table of Contents

Acknowledgements.v

Foreword.vi

Introduction.vii

Chapter 1
History of the Series.3
John Flanagan.8
Major Design Changes.9
The Bicentennial Quarter: 1976.13
The Many Medals Depicting
George Washington.14

Chapter 2
Altered & Counterfeit Coins.18
Gallery of Errors.23

Chapter 3
Grading.28

Chapter 4
Date & Mintmark Analysis
The Silver Coinage: 1932-1964.35
The Clad Coinage: 1965-Present.125

Appendix A: Glossary.144

Appendix B: Statistics.146

Appendix C: References.149
 Chapter 1

History of the Series

&
Major Design Changes
George Washington (1732-1799), sculpted into clay form by
Jean Antoine Houdon in 1785. The Washington family
regarded the Houdon bust as the best likeness of the first
President. The bust is on permanent display in the museum
at Mount Vernon, Virginia.
(Courtesy of Mt. Vernon Ladies' Association)

John Feigenbaum
 History of the Series

The Washington quarter that has been a staple of our economy

for more than six decades had a contentious start mired in power
plays and male chauvinism. Yet it began as a worthy endeavor. The
inspiration behind the quarter was a 1931 Treasury Department
proposal to commemorate the bicentennial anniversary of our
founding father’s birth in 1732 by putting Washington’s likeness
on a new coin. Originally the coin was going to be a half dollar but
the denomination was subsequently changed to a quarter dollar by
Congress.
As was common practice at the time, a design competition was
held. Artists were invited to submit their designs (in plaster model
form) to a committee co-sponsored by the Treasury Department
and the Washington Bicentennial Commission with cooperation
from the national Commission of Fine Arts. The winning design
would be used for the new quarter as well as for a special-issue
congressional medal (see The Many Medals Depicting George
Washington, page 14). The only restrictions were that the obverse
had to be based on Houdon’s bust of Washington and the reverse
had to depict a national symbol (e.g. a bald eagle or shield).
The committee unanimously selected the model designed by
sculptor Laura Cardin Fraser. The wife of sculptor James Earle
Fraser (of Buffalo nickel fame), Laura Fraser, was highly regarded.
She is best known for her design of the Oregon Trail commemora¬
tive coins minted from 1926 through 1939.
Unfortunately, the final decision fell to Secretary of the
Treasury Andrew W. Mellon. The stubborn Mellon refused to
approve the Fraser design on the basis that he had not been party
to the agreement.1 Mellon requested a second competition in
which he could take a more active role. On October 27, 1931. the
joint committee selected six choices from more than 100 models,
again picking Laura Fraser’s model (labeled #56) as its first choice.
On November 2, Mellon reviewed the committee’s choices and had
this to say in a memorandum to Charles Moore, chairman of the
Commission of Fine Arts (dated Nov. 4):

Washington Quarters 3
 —7

iMura Cardin Fraser submitted these models as her entry (#56) for the
Washington head quarter. They were unanimously recommended by the
Commission of Fine Arts and the Washington Bicentennial Commission
in 1931 but rejected by the secretary of the Treasury.

John Feigenbaum
 Following the conference we had with the members of the
Fine Arts Commission two days ago, I inspected the models of
the design for the new quarter dollar selected by the
Commission as the one most nearly meeting their approval. I
understand that you wish the sculptor given an opportunity to
restudy this design in order to make certain changes which
would meet with my own and your wishes in the matter.
/ am very glad to accede to your request for a restudy of the
design but, as the one selected was not my First choice and as it
might be construed as showing discrimination if we give this
opportunity to one sculptor and not extend it to others whose
designs have equal merits in my eyes, I have designated the
designs of three other sculptors and shall be glad to have a
restudy made by these sculptors and by the one designated by
the Commission...

Walter Breen, in his “Complete Encyclopedia of U.S. and

Colonial Coins,” notes that “it has been learned that Mellon knew
all along who submitted the winning models, and his male chau¬
vinism partly or wholly motivated his unwillingness to let a
woman win.”2
After the rebuke by Mellon, Moore once again reaffirmed the
Commission’s position on the Fraser model in his November 10
reply to the Treasury secretary:

The Commission feel that this design would result in a very

excellent coin. They quite agree with the Secretary's criticism
that the eagle should be strengthened by a more vigorous treat¬
ment of head and body and a modification of the movement of
the wings.
From the point of general design this model seems to the
Commission easily the best of the four under consideration.
Therefore, they respectfully advise that it be accepted and that
the sculptor be required to modify his existing model in the par¬
ticulars stated above.1

In yet another attempt to convince the Secretary, Moore wrote on

January 20:

Washington Quarters 5
 In accordance with your request, the Commission of Fine
Arts on January 19, 1932, considered the models selected from
the number submitted in the original competition for re-study
and re-submission.
The Commission selected from among the models an
obverse and reverse which they marked. These selected models
in the judgment of the Commission, adequately and in a distin¬
guished manner meet what the Commission believe to be
requirements for the design of the most used and so most repre¬
sentative coin of the United States. The models were numbered
56...

Moore’s letter went on to criticize the design Mellon favored,

(entered by John Flanagan):

The Commission considered the alternative designs submit¬

ted by the above artist /Fraser/ recommended to you as in a
class by themselves. Which of the alternatives is the best was the
question.... This decision was based on a combination of ele¬
ments in the design which seemed to the Commission to be the
most artistic one...
...The Commission, however, found in a design which called
for detailed examination a lack of simplicity and vigor in the
head, and an artistically unfortunate and also an unnatural
arrangement of the hair which became inconspicuous in the
reduced size representing the actual coin. The reverse was picto¬
rial rather than medallic in character. For these reasons the
Commission felt that the design lacked these very elements of
universality and permanence which the quarter-dollar should
embody.
The Commission also considered a suggestion that the
Saint-Gaudens eagle on the twenty-dollar gold piece be used for
the reverse. They considered that to use a design that had been
used on another coin would be unfortunate and sure to provoke
criticism. Moreover, the eagle as it now appears on the coin has
lost that essential quality which Saint-Gaudens gave to it. In
reducing the relief vigor has been lost. Now the eagle has the
quality of an engraving: It has become a picture instead of an
emblem.
In submitting for your consideration advice as to the selec-

John Feigenbaum
 tion of designs for the new quarter-dollar, the Commission have
been guided by the experience of its members in the art of the
medal also with the art of coinage. They have given to this par¬
ticular recommendation most careful consideration, based on
such experience. Also they have felt the responsibility laid upon
them both toward the Government which they serve and to the
Fine Arts which they are appointed to represent".4

A few weeks later, Mellon was succeeded by Ogden L. Mills and

Moore restated his argument for model #56 in a last-ditch attempt
to sway the new Treasury secretary. Mills, however, was not one to
alter the motions put forth by the former incumbent and on April
11, he had this reply for Moore:

...My predecessor in office, Honorable A.W. Mellon, gave thought

and attention to the models submitted in the competition and
Finally selected the particular model in question. In light of your
suggestions, I gave further thought to the matter and certain
changes have been made by the artist, prompted by these con¬
siderations. I have given further consideration to the subject
and am constrained to adhere to the decision of my predecessor,
and I selected that model.
You will realize, of course, that the duty of making the
selection falls upon the Secretary of the Treasury and not upon
the Commission of Fine Arts, the function of that body being
purely advisory. ’*

The matter was finally put to rest on April 16, 1932 when
Secretary Mills formally named the model designed by John
Flanagan as the design for the next United States quarter dollar.

Washington Quarters 7
 ll

John Flanagan
(1895-1952)

The artist responsible for the design of the Washington

quarter was born on April 7. 1895 in North Dakota where he
spent most of his early years in an orphanage. A passion for
drawing, wood carving and painting led him to the
Minneapolis Institute of Arts in 1914 where he studied for
three years until the outset of World War I.
After serving in the United States Merchant Marine from
1917 through 1922, he lived in New York City where he was
befriended by painter Arthur B. Davies. Flanagan eventually
spent time on Davies’ farm in Congers, New York to recuper¬
ate from deteriorating health. As his rehabilitation progressed
so did his artistic abilities.
Flanagan continued painting and expanded his talents to
sculpting, which he practiced exclusively by 1928. His designs
ranged from small animals to works bearing mother-and-
child, a theme that was most recurrent in his repertoire. In
1931, his plaster model contest entry was ultimately selected
by the secretary of the Treasury Andrew W. Mellon over 100
other entries as the final design of the Washington head quar¬
ter.
In 1934, Flanagan suffered a nervous breakdown and a
tragic automobile accident five years later forced him to quit
his stone sculpting altogether. His health, both mental and
physical, began to decline and he committed suicide at the age
of 56 on January 6, 1952.' 7

Authors note: Not much is known about John Flanagan. Unfortunately the two primary sources I
was able to find offered two different dates of birth and death. I decided to use the "Venus
Numismatics Dictionary" as my primary source because it contained a little more detail than the
“Catalog of Coin Designs and Designers."

John Feigenbaum
 Major Design Changes

Once a model has been approved for use in new coinage, the
Mint takes over and produces “hubs” from which the actual coin¬
ing dies are prepared. This process ensures a consistency in all the
dies of a given period. If the Mint discovers a defect in the coins
(such as uneven wear or stacking problems), the hub can be
touched up and new dies prepared from that single source and the
problem corrected. Hub changes are not to be confused with alter¬
ations to a specific “die” which result in what collectors refer to as
“errors.” These errors, produced while the die is being prepared,
account for only a small percentage of a given mintage.

“Light Motto”: 1932-1934 (Type I)

When Secretary of the Treasury Ogden Mills finally approved
Flanagan’s design for the new quarter on April 16, everyone from
the Bicentennial Commission to local banks to the general public
was clamoring for the new coins, especially as no coins had been
minted the previous year. This forced the Mint to hasten prepara¬
tion of the hubs, which were used from 1932-1934. The dies pro¬
duced from the original hubs are characterized by a severe weak¬
ness in the obverse motto and in Washington’s hair. This finding
further validates the Commission of Fine Arts’ initial criticism of
the design at the time. The Commission felt that when the models
were reduced “to the actual size of the coin, some details now visi¬
ble would be lost...”8

• Used exclusively in 1932, and in 1934 at the Philadelphia

Mint only until it was replaced by the Type II & III hubs
later that year.
• Characterized by a weak or blurred motto.

“Medium Motto”: 1934-1935 (Type II)

• Used in 1934 along with Type I & III hubs and exclusively
in 1935.

Washington Quarters 9
“Heavy Motto”: 1934-1964 (Type III)
• Used in 1934 along with Type I & II hubs and exclusively
from 1935 to 1964. Most easily identified by middle point
of “W” in “WE” which is higher than outer strokes of the
letter.

. • V > \ 7«:
i 1 Vi *
V
L_
Light or “weak” motto: Medium motto: 1934-1935
1932-1934

Heavy motto: 1934, 1936-1964

Table 1-1 on page 11 shows which motto types were hubbed by the
various mints during the years they were used.

From 1936 through 1964 a number of small changes were

made to the obverse design. In 1938 and 1944, for example, the
outline of Washington's profile was sharpened. Anyone who takes
the time to carefully examine the designs from year to year will be
duly rewarded and discover many minor modifications. This con¬
stant retouching of the master hubs and dies is clear evidence that
the mint engravers have never been truly satisfied with their final
product.

10 John Feigenbaum
 Table 1-1: Motto Varieties on Washington Quarters
from 1932-1964

— MOTTO —
Year-Mint Light Medium Heavy
1932-P X
1932-1) X
1932-S X
1934-P X X X
1934-D X X
1935-P X
1935-1) X
1935-S X
1936-1964 (all mints) X

There are three distinct reverse hubs in the series as follows:

Reverse Hub A: 1932-1964

• ES of STATES nearly touch.
• Leaf extends to the height of top-most arrowpoint.
• Leaf above first L in DOLLAR is very weak at the tip and
does not touch.
• Leaf above A in DOLLAR extremely weak and may not
show at all.

Reverse Hub B: 1936-1972

Used on all proofs from 1936-1972 and inconsistently on busi¬
ness strikes from 1956 through 1972.
• ES of STATES apart.
• Leaf extends above the top-most arrowpoint.
• Leaves above first L and A in DOLLAR clearly make con¬
tact.

Washington Quarters 11
Reverse HubC: 1964-1974, 1977-present
Found on most of the business strikes from 1965 through pre¬
sent, although a small number of “transitional" pieces have been
discovered dated 1964 with the B reverse. They are extremely rare.
• ES of STATES apart.
• Leaf extends to the height of top-most arrowpoint.
• Leaf above first L in DOLLAR nearly touches.
• Leaf above A in DOLLAR very close and may touch.

Reverse Hub A: 1932-1961 Reverse Hub B: 1936-1972

12 John Feigenbaum
 The Bicentennial Quarter: 1976

For a single mintage year, the design of the Washington quar¬

ter (along with the Kennedy half dollar and the Eisenhower dollar)
was changed in commemoration of the Bicentennial celebration of
America’s Declaration of Independence. The only modification to
the obverse was the date, which read: “1776-1976." The entire
reverse was redesigned by Jack Ahr. These coins were struck in sil¬
ver-clad (for special mint and proof sets) and nickel-clad for regu¬
lar issue. No quarters were minted in 1976 without the
Bicentennial modifications (also see 1976 quarter, Chapter 4).

To commemorate our
nation’s bicentennial anni¬
versary, the Senate autho¬
rized a one-year commemo¬
rative reverse design for the
Washington quarter. Note
the date on the obverse was
changed to read: “1776-1976".

Washington Quarters 13
 The Many Medals Depicting George Washington
By Charles E. Kirtley

No figure or subject in American history has been commemo¬

rated in medallic art more than George Washington. Starting
while he was still in office, the first President has been portrayed
on coins, tokens, medals, plaques, patterns and badges.
The earliest medallic portraits of Washington are found on our
early coinage. There is an extensive list of early coppers portraying
Washington, which were struck mainly in Great Britain. Some of
the more familiar early issues include the Washington series of
Colonial coinage, some early pattern coins issued by Robert Birch
and early medals commemorating events in the Revolution. The
most famous of these is the “Washington Before Boston" medal
which was struck in France in 1786 (pictured below). The obverse
shows a bust of Washington and his soldiers as they prepared to
retake Boston from the British during the Revolutionary War. A
gold specimen was presented to Washington himself and now
resides in the Boston Historical Society. So popular was this medal
that it was re-struck many times, and a version is still being made
for collectors at the U.S. Mint.

The popular “Washington Before Boston ” medal, originally struck in

France in 1786, is still being produced today by the U.S. Mint. Actual
size: 68mm in diameter. (Courtesy Charles Kirtley)

14 John Feigenbaum
 Washington’s death in 1799 sparked an outpouring of medallic
tributes to his life and to commemorate the nation’s loss. The most
important of the medals at this time were the funeral medals
issued in 1799 and 1800 when his passing was publicly mourned in
Boston funeral processions. The 1799 procession was commemo¬
rated by a funeral medal with a skull and crossbones on its reverse.
This type was worn by the Masons who participated in the parade.
The second type has a funeral urn on its reverse and was worn in
the public parade in 1800. Both types depict Washington’s bust fac¬
ing left within a wreath. The legend: “HE IS IN GLORY, THE
WORLD IN TEARS.” encircles the wreath.
Following the Colonial period, Washington was often seen on
trade tokens, his bust on one side and a merchant’s advertisement
on the other. These medallic emissions were most numerous dur¬
ing the Civil War when literally hundreds of different tokens were
made bearing a likeness of Washington.
During the Centennial of our country in 1876 there was a large
outpouring of medallic issues commemorating events surrounding
the birth of our country. George Washington is prominent in this
series. One of the more popular issues is a medal showing him
refusing to be crowned king.
Another event that precipitated many Washington medallic
portraits was the centennial of his inauguration in 1889. Some of
the more interesting issues include a famous portrait of
Washington by Augustus St. Gaudens, designer of the $20 gold
piece minted from 1907-1933.
The 20th century saw Washington’s popularity remain high in
medallic tributes. Many commemoratives were issued by numis¬
matists like Max Schwartz, Stack’s, Thomas Elder and by
Numismatic News. Others were made by merchants who used
Washington’s likeness on the advertising tokens.
In 1932 a large number of medals and store cards were issued
at the 150th anniversary of the first inauguration. The U.S. Mint
also produced a medal in conjunction with its release of the new
Washington quarter. This date also coincided with the New York
World’s Fair and with the Golden Gate International Exposition.
Both events served as venues for large numbers of Washington
material to be issued and distributed.

Washington Quarters 15
 Most recently, large quantities of Washingtonia issues occurred
during the U.S Bicentennial commemoration in 1976, with private
mints, governments and others issuing coins, medals and bars
depicting the first president.
The 1932 celebration was sanctioned and sponsored by the U.S.
government. Other officially-sponsored issues include the U.S.
Mint medal designed by Laura Gardin Fraser, who had also been a
leading contender in the design for the quarter.
Medallic portraits of Washington are still being turned out
today. Many private mints have issued medals depicting
Washington, events in his life, and historic events in which he
played a part. In the field of token and medal collecting.
Washingtonia remains one of the most avidly sought after subjects.
For further reading on this subject, see “Medallic Portraits of
Washington,” by Russell Rulau.

Charles E. Kirtley is an authority on American medals, tokens and relat¬

ed items. He operates a retail/mail-bid operation in Elizabeth City. North
Carolina.

This medal, designed by Laura Gardin Eraser, was minted and distrib¬
uted in 1932 in conjunction with the release of the new Washington
quarter. Actual size is 56mm in diameter. (Courtesy Charles Kirtley)

16 John Feigenbaum
 Chapter 2

\ltered and Counterfeit Coins

&
Gallery of Errors
 Altered & Counterfeit Coins
By J.P. Martin, ANA Numismatist

The Washington quarter series is plagued by an alarmingly high

number of counterfeits, some with a sophistication not seen in other
series of United States coins. If there is any question as to the authentici¬
ty of a 1932-D, 1932-S, 1934-D or 1936-D the reader is urged to send the
coin to the American Numismatic Association Authentication Bureau
(ANAAB) for a professional opinion. (Certification by one of the major
sendees - PCGS, NGC, AN ACS - also guarantees authenticity.)

The Washington quarter series is plagued by two deceptive

struck counterfeits and several “added mintmark” alterations.
The most common added mintmarks are found on the 1932-D,
1932-S. 1934-D and 1936-D quarters. The 1932’s are altered far
more commonly than the others. They began showing up in quan¬
tity in the 1960’s and throughout the 1970’s. They are, in all likeli¬
hood, being produced today, but with more sophistication and in
smaller quantities than we have seen in the past.
Since a fairly large quantity of dies were used for the produc¬
tion of these coins, we do not use die polish, mintmark position or
other die markers in authentication. [,Editor’s note: ANAAB and
other authenticators will often look for key diagnostic features on
a coin to determine authenticity. For example, a genuine example
of a three-legged buffalo nickel will show a distinct raised ridge
between the legs of the bison. While the Washington quarters offer
a few such references, none are considered conclusive evidence -
which makes them very difficult to authenticate. ]
Genuine coins tend to display a crisp, high relief mintmark
with distinct serifs that often sit within a slight depression. The
mintmarks sharp edges and high relief tend to contrast with the
gently rising design features, such as the stems and lettering
around it. This led one of my mentors, John Hunter of 1970’s
ANACS (American Numismatic Association Certification Service)
fame, to state, "If it looks good, it’s probably bad. And if it looks
bad. it’s probably good!”

18 John Feigenbaum
 Also due to the high relief of the mintmarks, they often display
machine doubling, whereas the design features seldom show any. I
have never seen an added mintmark which displayed machine dou¬
bling or double punching. Often mintmarks are filled, with no
inner openings. This is more characteristic of genuine coins than
alterations.

As with any added mintmark, look for evidence of a seam, or

tooling and smoothing. Often when adhesive is a solder, you will
notice a heat-induced discoloration of the mintmark. After time,
solder will oxidize and discolor differently than the surrounding
silver. Look for green or white discolorations surrounding the
mintmark.

If the adhesive is a glue, if can often be dissolved with a sol¬

vent, such as Dissolve ™ or acetone.

After some experience, you will develop a “feel” for the “look"
of genuine mintmarks.
The accompanying photographs illustrate several examples of
genuine and added mintmarks for reference.

For further information, contact:

American Numismatic Association Authentication Bureau
818 North Cascade Avenue
Colorado Springs, CO 80903-3279
719/632-2646

Washington Quarters 19
Genuine 1932-1) mintmark. Note This mintmark has been added to
the distinct serifs and die polish¬ a 1932-P. Note the low relief and
ing under the mintmark. The lack of distinct serifs. (ANAAB)
mintmark also sits in a slight
depression. (Photo courtesy
ANAAB)

Genuine 1932-S mintmark which Another genuine 1932-S mint-

has been set in atop heavy die pol- mark. (ANAAB)
ishing. (ANAAB)

Genuine 1932-1) mintmark shown The mintmark on this 1932-1) has

at 300X magnification. The con¬ obviously been added. Note the
tinuous flow lines and lack of seam of the coin and the mint-
seam are proof of this mintmark's mark as shown here at 300X
authenticity. (ANAAB) magnification. (ANAAB)

20 John Feigenbaum
 Surprisingly, even some Philadelphia-mint quarters have been
counterfeited in quantity. The 1932-P and 1934-P quarters initially
seem unlikely targets for a counterfeiter, as they are fairly com¬
mon. However, when they were discovered in 1984, rolls of these
coins were trading at over $2,000 each. They were produced in
large quantities, with minimal bag marks and displayed proof-like
fields. The look was so foreign to 1930’s quarters that one dealer
remarked, “They are 1930’s coins from 1980’s dies.”
These two dates are probably from the same shop that pro¬
duced many of the counterfeit 1917 Type 1 quarters. These three
coins have the distinction of being the only deceptively struck,
counterfeit quarters dated in the twentieth century.
The photos below show diagnostic features of these struck
counterfeits.

1934-P counterfeit. Note the 1934-P counterfeit. Note tooling

raised die tooling under L in LIB¬ lines on B in LIBERTY. (ANAAB)
ERTY. (ANAAB)

Commonly seen on the counterfeit

1932-P and 1934-P specimens is
this die depression on the eagle's
left leg (viewer's right). (ANAAB)

Washington Quarters 21
 The following two coins are examples of crude counterfeit
Washington quarters. They are dated 1935 and 1973. Clearly these
and others examined were produced for day-to-day use on the
street. These counterfeits are easy to detect as the details are often
inexact and the surfaces rough. The 1935 specimen is of relatively
high quality yet upon examination you will find die lumps and
other inconsistencies not found on the genuine article.

1935 counterfeit. Note the raised die lump on the eagle's

right (viewer’s left) wing. The entire surface is also rough
under close examination. (Coin courtesy Harry Miller)

1973 counterfeit. This coin is obviously a crude counterfeit.

There are stress cracks all over and the details are very
rough and inexact. (Harry Miller)

22 John Feigenbaum
 Gallery of Errors

Even under the strictest standards of quality control, any coin

with a mintage in the millions is inevitably going to see a fair
number of errors enter the marketplace. The Washington quarter
series is no exception. The following coins represent just a few of
the errors seen in this series. Rarity ranges from the relatively
common (for an off-centered specimen) to the rare (for a coin that
has been triple-struck).

Off-center piece dated 1966.

(Courtesy Fred Weinberg)

Undated quarter struck on a dime planchet. (Fred Weinberg)

Undated proof quarter struck with two planchets between the dies.
Somewhere, there's another coin with no reverse.
(Coin courtesy David Woloch)

Washington Quarters 23
 ( ndated quarter struck on a clad shell.
(Photo courtesy Bill Fivaz)

1976-D Bicentennial quarter struck off-center with two major clips.

(Bill Fivaz)

Undated Washington quarter, quadruple struck - all off-center.

Very unusual. (Bill Fivaz)

24 John Feigenbaum
 Another unusual coin... this Bicentennial quarter was struck over a
previously struck 1976 dime; a so-called “double denomination coin. ”
(Bill Fivaz)

1980-D struck with a copper Undated quarter with a major

streak embedded in the planchet. indentation. Some object must
(Bill Fivaz) have interfered with the strike.
(Bill Fivaz)

.4 quarter with a large rim cud at the date.

This error is caused by a progressive die
crack which eventually leads to a piece of
the die falling off. In production, the coin is
filled in with extra metal. (Bill Fivaz)

Washington Quarters 25
Chapter 3

Grading
 Washington quarters are very difficult to grade in poor states
of preservation because obverse detail is often very weak even in
mint state. Currently, only a few of the dates in the series are
expensive in mint state. For this reason, few of the Washington
quarter dates are collected in grades below XF.
Described below are the grading criteria used in the market¬
place. Coins do not wear in discrete steps, but gradually. There
really are not just a few grades but actually an infinite number of
states of wear. Dealers and collectors typically use several grades
for describing circulated coins and these are discussed below. Mint
state coins have no wear and are judged by a different set of criteria
(i.e. the number marks, light hairlines, “freshness”, etc.).

Circulated Washington quarters are almost exclusively graded by

the obverse detail. This is due to the characteristics of the design
and the protection afforded by the rim. In addition, coins from
1932 and 1934 (light motto) cannot be graded by motto detail as
the words IN GOD WE TRUST were often faint to begin with.

About Good (AG)

The rim will be worn considerably into the letters and the date.

28 John Feigenbaum
 Good-Very Good (G-VG)

The rim will be worn just in to the tops of the letters and bottom of the
date. Coins that grade Very Good exhibit slightly more central detail than
coins grading Good. (It is difficult to distinguish between these two grade
in Washington quarters.)

Fine (F)

OBVERSE: There will be a full rim. Washington’s hairline will begin to

show at his forehead. The rest of the hair should also show slight detail.
REVERSE: There will usually be a full rim. Feathers may show on the
eagle’s breast.

Washmgton Quarters 29
 Very Fine (VF)

OBVERSE: Washington's hairline above the forehead begins to show

three-dimensionality. The rest of the hair should show detail as well.

REVERSE: The reverse is not generally used to determine this grade,

unless it shows an unusual degree of wear or damage.

Extremely Fine (XF)

OBVERSE: All the hair on Washington’s head shows detail. The locks of
hair at the neck begin to show separation.

REVERSE: The reverse is not generally used to determine this grade,

unless it shows an unusual degree of wear or damage.

30 John Feigenbaum
 About Uncirculated (AU)

OBVERSE: This coin exhibits only a trace of wear at its high points: the
top of the forehead, Washington's cheek and the lock of hair behind his
ear will be slightly flat. Coins should have mint luster.
REVERSE: Only a trace of wear will be visible on the eagle’s chest: how¬
ever breast feathers may be weak due to strike.

Uncirculated (MS60-MS70)

It is difficult and beyond the scope of this book to describe the

subtle differences between the various uncirculated grades.
Uncirculated coins, by definition, have never been exposed to daily
use or circulation, even for a short period of time. Most often, the
obverse of the coin holds the telltale clues of a coin’s grade. This is
because the reverse of most coins grades higher than the obverse.
To achieve the minimum standard of being uncirculated (grad¬
ing MS60) the coin must exhibit no wear even at its highest points.
It can, however, show evidence of mishandling such as bag marks,
hairlines, and so on. Professionals will often first examine
Washington’s high cheek bone (just under the eye) for signs of
“rub” which is usually manifested as a break in the luster.
Also examined are the fields in front of and behind
Washington’s head. The degree to which the fields are hairlined
(very light, thin lines noticeable only by rotating the coin carefully
under a light) often establishes the “low end” mint-state grade. For

Washington Quarters 31
example, a coin with many hairlines may be graded AU58. To
achieve a grade of MS63 or higher the fields generally must be
hairline-free.
The theoretical MS70 coin is absolutely perfect in every way.
The coin must be completely devoid of marks or hairlines under
10X magnification, exhibit supreme mint luster and be otherwise
flawless to the grader. This grade, almost never achieved, is used as
a benchmark. Even a coin fresh from the mint press is likely to
exhibit some minor flaw that will keep it from perfection. To date
no Washington quarter has been graded higher than MS68 by a
major grading service.

(For further assistance in grading mint state coins, the American

Numismatic Association sponsors grading seminars that are very help¬
ful. The A.N.A. can be contacted at: 818 North Cascade, Colorado
Springs, CO 80903.)

32 John Feigenbaum
 Chapter 4

Date
&
Mintmark Analysis
 Notes on Chapter 4
1. The values listed under 1949. 1964. 1979 and 1994 are from the
3rd, 17th. 32nd and 47th editions of "A Guide Book of United
States Coins" (also referred to as the Redbook), a popular retail
price guide. CDN values are bid (wholesale) figures from the
November 1993 issue of the Coin Dealer Newsletter Monthly
Supplement and January 28. 1994 issue of the Coin Dealer
Newsletter.
2. Breen numbers listed are from "Walter Breen’s Complete
Encyclopedia of U.S. and Colonial Coins.”
3. FS numbers listed are from Bill Fivaz and J.T. Stanton’s "The
Cherrypicker’s Guide to Rare Die Varieties," third edition.
4. Total MS/Proof PCGS/NGC refers to the total number of mint
state/proof coins listed in the October 1993 PCGS Population
Report and July 31, 1993 NGC Census.

34 John Feigenbaum
The Silver Coinage
1932-1964
 1932

Business strikes: 5.404,000

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 46 203 431 187 19 2

Value

1949 1964 1979 1994 CDN

VG 1.75 3.00 2.00
F 1.25 2.00 4.00 2.25
VF 6.00 3.25
XF 2.25 5.00 9.00 6.00
MS60 1.75 7.00 33.00 17.00
MS63 36.00 22.00
MS65 245.00 140.00

Comments
Found with weak motto obverse (see photo below - also
Chapter 1, Major Design Changes).

The 1932-P is readily available in all grades including mint

state. The first year of any issue is generally hoarded by collectors,
often in the form of uncirculated rolls and even by the bag. It is

36 John Feigenbaum
 1932-P Continued

very likely that these mini-hoards exist intact, so the certified pop¬
ulations may be artificially low. Nonetheless, fewer Washington
quarters were minted in 1932 than in any other year. This is most
likely due to the lack of demand as a result of the hard-hitting
depression. No coins were minted in 1931 or 1933.
Investors should be wary of the current low population tallies
in mint state. The low value of coins grading less than MS65 is a
deterrent to submitting these, and a great many uncertified mint
state coins probably exist. Elliot Goldman believes, however, that
the 1932-P is the toughest coin in the set to find "blazing” white.
In MS65 (or higher) this date is in great demand and worth a pre¬
mium. Most specimens, he adds, are found with unattractive ton¬
ing.
The 1932-P provides the collector with an excellent opportuni¬
ty to obtain the first year of issue in mint state at an affordable
price. As long as MS64’s remain under $50, they’re a bargain.

Washington Quarters 37
 1932-D

Mintage
Business strikes: 436,800

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 212 214 126 19 0 0

Value

1949 1964 1979 1994 CDN

VG 14.00 45.00 38.00 30.00
F 21.00 55.00 50.00 35.00
VF 70.00 45.00
XF 55.00 95.00 135.00 105.00
MS60 37.50 150.00 650.00 310.00
MS63 775.00 675.00
MS65 4.500.00 3,980.00

Comments
Found with weak motto obverse (see Chapter 1, Major Design
Changes).

38 John Feigenbaum
 1932-1) Continued

The 1932-D is the toughest regular-issue date in the entire

series in all grades from Good through Gem. The Denver Mint had
not produced quarters since 1929 (and wouldn’t again until 1934).
The mintage of 436 thousand coins is second lowest in the series
— only to the 1932-S. These coins are most commonly found in
AG and Good condition which suggests that the majority of the
mintage was immediately put into circulation and ignored by the
collecting public.

The combined population of PCGS and NGC coins in mint

state is 571 coins, compared to 926 for the 1932-S. This trend is
magnified as the grade gets higher. No MS66’s have been graded as
of this writing — a significant fact considering this coin was mint¬
ed only 62 years ago! The investor should be aware that some
“mini-hoards” — perhaps partial rolls — may still exist which have
not yet been submitted for grading. Robert Lehmann, a dealer who
has dealt in a number of high-end Washington quarters, suggests
that the 1932-D is about 5 times tougher to obtain in MS65 than
the 1932-S and “you can throw the [CDN] sheet away" as far as
pricing is concerned.

Be very careful of altered coins. Due the ready availability of P-

mint coins, the 1932-D and -S quarters have become two of the
most popular coins of counterfeiters. Chapter 2 details how to
detect altered specimens of this date. Use this information as a
guide only. Your best protection is certification by one of the major
grading services (i.e. PCGS, NGC or ANACS) or authentication by
the American Numismatic Association Authentication Bureau
(ANAAB). All mint state grades should be certified.

Washington Quarters 39
 1932-S

Mintage
Business strikes: 408,000

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 217 333 323 50 3 0

Value

1949 1964 1979 1994 Cl)N

VG 11.00 42.50 32.00 26.00
F 15.00 50.00 37.00 30.00
VF 45.00 35.00
XF 25.00 70.00 60.00 42.00
MS60 22.50 60.00 250.00 200.00
MS 63 450.00 370.00
MS65 3,500.00 2,400.00

Comments
Found with weak motto obverse (see Chapter 1, Major Design
Changes).

40 John Feigenbaum
 1932-S Continued

The 1932-S boasts the lowest mintage in the entire regular-

issue series and has a desirability second only to the 1932-D. Like
its partner minted in Denver, these coin were immediately circu¬
lated and, as a result, are most readily found in low grade (AG and
Good).
Despite its lower mintage, 1932-S quarters were more aggres¬
sively saved in mint state than their Denver counterparts which is
evident from the certified population figures. Nearly twice as many
(926 versus 571) uncirculated coins have been graded by PCGS and
NGC than the 1932-D. In grades MS63 through MS65 the popula¬
tion is double, and nearly triple, the 1932-D. Like the other coins
in the 1932 series, flashy white specimens in high grade are pro¬
hibitively difficult to find and worth a premium.

Be very careful of altered coins. Due the ready availability of P-

mint coins, the 1932-D and -S quarters have become two of the
most popular coins of counterfeiters. Chapter 2 details how to
detect altered specimens of this date. Use this information as a
guide only. Your best protection is certification by one of the major
grading services (i.e. PCGS, NGC or ANACS) or authentication by
the American Numismatic Association Authentication Bureau
(ANAAB). All mint state grades should be certified.

Washington Quarters 41
 1934

Mintage
Business strikes (All types): 31,912,052

Varieties
Refer to Chapter 1, “Major Design Changes” for a full discussion
and photos of the various motto types.
101 Light motto. Mintage estimate: 500,000 (Breen-4270)
(photo)
102 Medium motto. Mintage estimate: 28,000,000 (Breen-4271)
102a Doubled die obverse (DDO), medium motto. Mintage
unknown, but believed to be very low. (Breen-4272,
FS#25$-009) (photo)
103 Heavy motto. Mintage estimate: 3,400,000 (Breen-4273)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

101 3 9 18 32 5 0
102a 3 9 7 3 0 0
102,103 26 100 396 373 95 7

42 John Feigenbaum
 1934-P Continued

Value for 102, 103

1949 1964 1979 1994 CDN

VG 1.75 1.75
F — 1.25 2.00 2.50 1.25
VF 4.00 1.75
XF 2.90 4.00 6.00 2.50
MS60 2.75 10.00 18.00 15.00
MS63 31.00 18.00
MS65 125.00 60.00

Comments
The 1934-P claims the distinction of being the only coin mint¬
ed with all three motto types: light, medium and heavy. While
none of these varieties are currently priced at any real premium,
the shrewd collector would be wise to look for light motto (101)
specimens, as they are in very short supply. The bulk of these are
found circulated and are much tougher in mint state grades than
the medium or heavy motto types. Light motto specimens current¬
ly trade at a premium. However, as demand and popularity for this
variety increase, so will the price. Elliot Goldman of Allstate Rare
Coins regularly sells light motto specimens for about four times
the price of medium or heavy motto coins. PCGS and NGC both
distinguish between the light motto and “normal" mottos (a com¬
bination of the medium and heavy motto types).

The doubled die obverse (102a) is a far more popular variety

than the varying motto weights and is quite often sought by those
who wish to collect the entire set (and can afford one). The 1994
Redbook lists the value of these from $75 in VF to $1,500 in MS65.
According to The Cherrypickers Guide to Rare Die Varieties, “this

Washington Quarters 43
 1934-P Continued

variety can still be found, mostly in circulated condition.” They

represent an excellent value at these prices and could prove to be a
wise investment. Double die coins have always been desirable.
However, be aware that these premiums are for coins which exhibit
a strong doubling on the obverse motto. Weaker die states are
worth considerably less and have far less potential.

After the hiatus of 1933, the Mint stepped up production and

minted nearly 32 million quarters in Philadelphia this year. While
some original rolls surely remain intact, uncirculated specimens
are still a bargain at today’s levels.

101. 1934 Doubled die obverse.

(Photo courtesy of J.T. Stanton -
Cherrypickers' Guide)

44 John Feigenbaum
 1934-D

Mintage
Business strikes: 3,527,200

Varieties
Refer to Chapter 1. “Major Design Changes" for a full discussion
and photos of the various motto types.
101 Medium motto. Mintage estimate: 1.000,000 (Breen-4274)
(photo)
101a D/D, Medium motto. (Breen-4275)
102 Heavy motto. Mintage estimate: 2,500.000 (Breen-4276)
(photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 36 99 174 81 10

Value

1949 1964 1979 1994 CDN

VG 2.25 3.00 3.50

F 2.50 1 5.00 4.00 3.75
VF 8.00 5.00
XF 7.50 15.00 11.00 9.00
MS60 2.50 42.50 120.00 70.00
MS63 75.00 100.00
MS65 800.00 760.00

Washington Quarters 45
 1934-D Continued

Comments
Found with both the medium and heavy motto types, and
Breen reports an obvious repunched mintmark variety.

The 1934-D claims the lowest overall mint state population

(PCGS & NGC combined) of the 1930's issues. While this may be
partially due to lack of value in lower mint state grades, the price
of MS65’s would certainly justify the submission of MS63 and
higher coins to try for this grade.
This date is tough to find from Fine to AU. It is also one of the
most underrated in the series in MS60-MS64. The 1936-D. for
example, with 50% more coins graded in MS63 is valued at $300.
yet the 1934-D is only $75-$100. Not to mention the 1934-D boasts
the third lowest mintage in the entire series!
Expect to pay a premium for nice specimens, but still well
worth the investment at current levels.

Medium Motto Heavy Motto

46 John Feigenbaum
 1935

Mintage
Business strikes: 32,484,000

Varieties
101 Doubled die obverse. Presently considered very rare with
fewer than 5 specimens known. (FS#25C-010)

PCGS & NGC Combined Certified Populations

MS60-62 MS 63 MS64 MS65 MS66 MS67

MS 15 65 285 427 156 27

Value

1949 1964 1979 1994 CDN

VG 1.75 1.75
F 2.00 2.00 1.00
VF 4.00 1.50
XF 2.25 3.50 6.00 2.25
MS60 1.75 8.00 15.00 14.00
MS63 30.00 18.00
MS65 75.00 60.00

Washington Quarters 47
 1935-P Continued

Comments
Found only with medium motto obverse (see photo with
accompanying 1935-D - also. Chapter 1, Major Design Changes).

Due to its high mintage, a large number of uncertified mint

state specimens exist. It's low value, even in high grade, make this
an affordable coin in MS65. At today’s levels this date seems hardly
worth certifying below MS65. Most of the PCGS and NGC certified
coins were most likely submitted a few years ago when values were
higher. The 1991 Redbook, for example, lists the MS65 price at
$200. With the exception of a few scarce dates, this is true of
almost all the Washington quarters.

48 John Feigenbaum
 1935-D

Mintage
Business strikes: 5,780,000

Varieties
Two repunched mintmark varieties are reported in The RPM Book.

PCGS & NGC Combined Certified Populations

MS 60-62 MS63 MS64 MS65 MS66 MS67

MS 23 73 238 139 26 2

Value

1949 1964 1979 1994 CDN

VG 1.75 3.00 2.00

F 1.65 2.50 4.00 2.75
VF 8.00 5.00
XF 6.00 9.00 12.00 9.00
MS60 2.00 30.00 120.00 70.00
MS63 100.00 85.00
MS65 335.00 190.00

Washington Quarters 49
 1935-1) Continued

Comments
Found only with the medium motto obverse (see photo below
- also. Chapter 1, Major Design Changes).

"The best coin in the set, hands down!", says Elliot Goldman.
The 1935-D is the most underrated date in the entire Washington
quarter set in mint state grades. The total mint state certified pop¬
ulation is even lower than the 1932-D or 1932-S.* Goldman sells
these coins for double their published values, when he can locate
them.
The shrewd investor/collector would be wise to grab up all that
can be found, but expect to pay a premium. (Some people are
undoubtedly doing this already!)
Like most early mintmark dates in the series, this coin is diffi¬
cult to find in grades VF to AU.

* The reason for this is that the 1932-D is worth certifying in all mint state grades
while, at current values, the 1935-D is not — except in MS64 and above.

50 John Feigenbaum
 1935-S

Mintage
Business strikes: 5,660,000

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS 65 MS66 MS67

MS 30 131 316 233 62

9
Value
1949 1964 1979 1994 CDN

VG 1.75 2.25 1.25

F 1.65 2.50 3.00 1.25
VF 6.00 3.50
XF 6.25 9.00 9.00 7.00
MS60 3.25 31.00 70.00 38.00
MS63 70.00 50.00
MS65 300.00 115.00

Comments
Found only with the medium motto obverse (see photo accom¬
panying 1935-D - also, Chapter 1, Major Design Changes).

Readily available in low grades (AC.-VG) but tough to find and

undervalued in grades VF to AU. Has a similar mintage to the
1935-D but is more available in mint state. Currently undervalued
in mint state, especially in MS63.

Washington Quarters 51
 1936

Mintage
Business strikes: 41,300,000
Proof strikes: 3,837

Varieties
101 Doubled die obverse. Most noticeable at the motto.
(Breen-4281, FS # 25t-011) (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS 64 MS65 MS 66 MS67

MS 14 55 321 551 117 7
Proof 53 120 311 169 48 3

Value

1949 1964 1979 1994 CDN

VF 2.25 1.50
XF 1.45 3.00 4.00 2.00
MS60 1.75 7.00 12.00
MS63 22.00 17.00
MS65 15.00 65.00 50.00
PR65 12.00 100.00 485.00 925.00 750.00

52 John Feigenbaum
 1936-P Continued

Comments
Found only with heavy motto obverse (see photo below - also,
Chapter 1, Major Design Changes).

1936 was the first year since 1915 that the Mint resumed pro¬
duction of proof coinage. While mint state coins are readily avail¬
able in all grades, the proofs are truly scarce. With less than 4
thousand minted coins, the 1936 proof is highly sought by both
those completing 1936 “proof sets” and those who collect
Washington quarter proofs by date. It is also prized as the first
proof issue. Add to this demand the fact that 1936 proofs are most¬
ly found with some toning or an unattractive smoky haze. (This
may be a result of the mint being out of practice in the delicate
handling required for such specimen coinage.) Collectors seeking a
brilliant, untoned proof 1936 quarter have their work cut out for
them.

101. 1936 Doubled die obverse.

(Photos courtesy of J.T. Stanton - CPG)

Washington Quarters 53
 1936-D

Mintage
Business strikes: 5,374,000

Varieties
101 Repunched D. Several RPM's known (Breen-4284)
102 D/horizontal D. (Breen-4285)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 149 288 145 26 2

Value

1949 1964 1979 1994 CDN

VG 3.75 2.00 2.00

F 7.00 4.00 2.25
VF 14.00 11.00
XF 40.00 30.00 35.00 26.00
MS60 9.00 160.00 235.00
MS63 300.00 285.00
MS 65 300.00 950.00 525.00

54 John Feigenbaum
 1936-1) Continued

Comments
The third most expensive regular-issue coin in the series in all
grades — except for the 1934-D which is priced higher in the
Greysheet in MS65.

The value of gem (grades MS64 and higher) 1936-D’s has suf¬
fered recently as the population of certified coins increased. The
July 1991 PCGS Population Report shows a total mint state popu¬
lation of 342 coins. In May 1992 this number increased by 28 to
370. By October 1993 the population had jumped to 447. It seems
that high prices brought some additional coins into the market.
Authentication of mint state specimens is recommended. A
number of added-mintmark counterfeits have been seen.

Though mintage was 40% higher than that of the 1936-S, the
population of mint state coins is only about half of the San
Francisco issue. This is another example of the much lower sur¬
vivorship in mint state of the early Denver issues compared with
those from the San Francisco Mint.

The 1936-D is still a key to the set. Expect to have to search for
a nice, high-end specimen, but not to pay any significant premium.

Washington Quarters 55
 1936-S

Mintage
Business strikes: 3,828,000

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 20 102 478 499 92 3

Value

1949 1964 1979 1994 CDN

VG 1.75 1.25
F — — 2.50 1.65
VF — 6.00 4.00
XF — 4.25 9.00 10.00 7.50
MS60 2.50 26.00 — — 35.00
MS63 — — — 60.00 40.00
MS65 65.00 140.00 70.00

Comments
Another great bargain in the Washington quarter set, the
1936-S boasts the ninth lowest mintage but a price of less than $65
for most mint state specimens. Relative to the 1936-D, this date
was saved by collectors early on. However, it still seems too cheap
at current levels. The 1989 Redbook listed this date at $450. in
MS65. Circulated coins from Fine to AU are harder to find than
mint state coins and are undervalued.

56 John Feigenbaum
 1937

Mintage
Business strikes: 19,696,000
Proof strikes: 5,542

Varieties
101 Doubled die obverse. Doubling shows clearly at date and
motto. (Breen-4287, FS # 25C-012) (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 11 34 190 262 78 11
Proof 33 75 267 341 136 32

Value

1949 1964 1979 1994 CDN

VF _ _ — 2.25 1.50
XF _ 1.50 3.00 5.00 2.00
MS60 1.50 7.00 — 14.00
MS63 — — — 30.00 20.00
MS65 — — 22.00 90.00 60.00
PR65 5.50 45.00 100.00 240.00 310.00

Washington Quarters 57
 1937 Continued

Comments
Breen reports that reverse hub B was used for the first time to
strike the proof issues (see Major Design Changes for diagnostics).
All business strikes, however, were still minted using the reverse
hub A.
The Cherrypicker's Guide reports #101 as very rare (only 3
known) with a value of $300 in XF and $2,500 in MS60.
The 1937 boasts the lowest mintage in Philadelphia since 1932.
This coin is inexpensive in mint state and, as a result, not many
have been certified. The current PCGS/NGC population of mint
state coins is lower than either the 1937-D or -S, both of which
have much lower mintages and are much scarcer.
Proof quarters had the lowest mintage of the 1937 proof set
and are in strong demand.

101. 1937 Doubled die obverse.

(Photos courtesy of J. T. Stanton - CPC)

58 John Feigenbaum
 1937-D

Mintage
Business strikes: 7,189,600

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 14 58 322 325 3

Value

1949 1964 1979 1994 CDN

VF 6.00 4.00
XF 1.50 5.00 8.00 6.00
MS60 1.50 10.00 22.00
MS63 40.00 30.00
MS65 30.00 115.00 50.00

Comments
A tough coin to locate in circulated grades VF-AU, but uncircu¬
lated coins were saved in roll quantity and are available at a rea¬
sonable price. Despite the substantial population of mint state
coins, these seem undervalued at present. The 1937-D carries a
much lower price than the 1937-S yet has a substantially lower
certified population.

Washington Quarters 59
 1937-S

Mintage
Business strikes: 1,652,000

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 12 128 446 362 74 8

Value

1949 1964 1979 1994 CDN

VF 11.00 8.00
XF 6.00 20.00 16.00 14.00
MS60 3.50 50.00 68.00
MS63 95.00 75.00
MS65 90.00 165.00 125.00

Comments
The third lowest mintage in the set, but with a total mint state
population of over 1000 coins. Though its mintage is less than 1/4
that of the 1937-D, about 250 more coins have been certified. The
only dates with a lower mintage are the 1932-D and 1932-S keys. It
may not be undervalued but this date is certainly reasonable at
present. Consider that the 1989 Redbook listed MS65 specimens at
$750! Pick a nice specimen for your collection and maybe a couple
of extras for the future before the price rises again.

John Feigenbaum
 1938

Mintage
Business strikes: 9,472,000
Proof strikes: 8,045

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 11 53 221 278 77 8
Proof 35 107 365 449 204 46

Value

1949 1964 1979 1994 Cl)N

VF _ 10.00 5.50
XF 5.00 10.00 14.00 9.00
MS60 1.50 45.00 33.00
MS63 _ 50.00 40.00
MS65 — 50.00 120.00 65.00
PR65 3.50 45.00 95.00 150.00 | 250.00

Washington Quarters 61
 1938 Continued

Comments
Washington’s profile has been sharpened slightly, most notice¬
ably on the nose.

Only 12 million quarters were minted in 1938 (both

Philadelphia and San Francisco) which is second only to 1932 as
the lowest in the entire series. Compare this to recent yearly
mintages measured in the billions to put this into perspective.
Goldman characterizes the 1938-P as a tough date to locate
which sells for “way over current levels” — and very quickly when
it is available.
Like most early Washington quarters this date is undervalued.
Listed in the 1989 Redbook at $400 in MS65 and $550 in Proof 65.
Nice white proofs are in strong demand.

62 John Feigenbaum
 1938-S

Mintage
Business strikes: 2,832,000

Varieties
101 Several RPM’s reported.
PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 10 64 322 403 86 8

Value

1949 1964 1979 1994 CDN

VF 8.00 6.00
XF 2.75 12.00 12.00 8.50
MS60 2.25 19.00 35.00
MS63 50.00 40.00
MS65 45.00 120.00 75.00

Comments
Exhibits the same sharpened profile as its Philadelphia coun¬
terpart.

The 1938-S has a high survivorship in mint state, compared

with the 1938-P. With a mintage of less than 1/3 that of its
Philadelphia cousin there are 245 more certified coins. Still an
excellent value, especially in mint state, considering it has the
sixth lowest mintage in the series.

Washington Quarters 63
 1939

Mintage
Business strikes: 33,540,000
Proof strikes: 8,795
PCGS & NGC Combined Certified Populations
MS60-62 MS63 MS64 MS65 MS66 MS67
MS 3 24 186 379 232 47
Proof 25 72 282 478 236 62

Value

1949 1964 1979 1994 CDN

VF 2.25 1.50
XF 1.50 3.00 4.00 1.75
MS60 1.50 8.50 10.00
MS63 20.00 14.00
MS65 10.00 75.00 27.00
PR65 3.00 30.00 50.00 145.00 230.00

Comments
Mintage levels increased sharply over the 12 million of 1938,
perhaps in response to the United States breaking out of the
depression. World War II was commencing overseas and U.S.
exports increased.
Current levels are low and this is a good time to pick up a nice
specimen for your collection. However, large quantities of mint
state coins certainly exist and it is not recommended for invest¬
ment. Nice XF and AU specimens are plentiful and can be bought
for just a few dollars.

64 John Feiyenhaum
 1939-D

Mintage
Business strikes: 7,092,000

Varieties
101 Possible D/S. Very rare. (Breen-4298, FS#25<t-012.3) (photo)
102 RPM. Reported by Breen.

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 3 30 262 424 108

16

Value

1949 1964 1979 1994 CDN

VF 6.00 3.00
XF 1.50 3.00 8.00 6.00
MS60 1.50 8.50 — 1 — 21.00
MS63 — 1 30.00 24.00
MS65 23.00 85.00 50.00

Washington Quarters 65
 1939-/) Continued

Comments
The highest mintage from Denver since the series' inception.
After a one-year hiatus in 1938 the Denver Mint would produce
quarters without interruption until 1965.

Probably the most common of the pre-1940 mintmarked

Washington quarters in circulated as well as mint state grades. The
only mintmarked date readily available in XF or AU.

101. Possible 1939-D/S.

(Photo courtesy of J.T. Stanton - CPC)

66 John Feigenbaum
 1939-S

Mintage
Business strikes: 2,628,000

Varieties
101 Doubled die obverse. Minor doubling shows east at date and
motto, (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 11 54 208 274 10

Value
1949 1964 1979 1994 CDN

VF 7.00 4.00
XF 3.50 10.00 10.00 8.00
MS60 2.25 24.00 40.00
MS 63 60.00 44.00
MS65 50.00 | 130.00 70.00

Washington Quarters 67
 1939-S Continued

Comments
The 1939-S is the fourth lowest mintage in the series, yet can
still be bought for under $60 in mint state. Another bargain typical
of this series. Current total PCGS/NGC population is only 632
coins _ lower than the 1936-D! But this is partially because the
coin isn’t worth the submission fee of the certification services at
current levels. If prices ever approach the 1991 Redbook level of
$325 (for an MS65) more coins will likely be submitted.

Like the 1938-P, Goldman characterizes the 1939-S as a tough

date to locate which sells for “way over current levels” and very
quickly when available.

101. 1939-S Doubled die obverse.

(Photos courtesy of Bill Fivaz)

John Feigenbaum
 1940

Mintage
Business strikes: 35,704,000
Proof strikes: 11,246

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 1 6 62 181 183 54
Proof 27 71 328 582 290 67

Value
1949 1964 1979 1994 CDN
VF _ _ _ 2.00 1.25
XF — 2.25 3.00 4.00 1.50
MS60 1.25 11.00 7.00
MS63 — — — 17.00 13.00
MS65 — — 10.00 37.00 1 30.00
PR65 2.50 20.00 32.50 130.00 175.00

Comments
As a result of America’s external involvement as supplier to the
Allied nations, our economy strengthened and the Mint main¬
tained 1939 production levels. The war years would see a great
increase in quarter production, exceeding 100 million coins at the
Philadelphia Mint alone in 1942. From this date forward many
coins exist in roll, if not bag, quantities. The coins of the 1940’s
remain extremely inexpensive considering their age and condition.

Washington Quarters 69
 1940-D

Mintage
Business strikes: 2,797,600

Varieties
101 Doubled die obverse. Doubling shows clearly at motto.
(FS #251-012.5) (photo)
102 D/D/D. Totally separated to the west (FS #251-012.4) (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 10 60 272 339 90 3

Value

1949 1964 1979 1994 CDN

VF 5.00 4.00
XF 4.00 12.00 11.00 8.00
MS60 2.00 27.50 44.00
MS63 55.00 47.00
MS65 5Q.00 85.00 72.00

70 John Feigenbaum
 1940-1) Continued

Comments
The last mintage in the series below 3 million, the 1940-D is a
very popular date among collectors. Tough to find in VF-AU but
now available and quite reasonable in mint state. Uncirculated
prices are bound to rise for this date. The 1989 Redbook listed the
MS65 price of this date at $400!

Note there is almost no spread in price between MS60 and

MS63. Nice MS63-64 pieces should be picked up when available.

The 1940-D, 1942-S and 1943-S together form the “big three”
of the 1940-present Washington quarter set.

-erse.
101. 1940-1) Doubled die obverse. 102. 1940-D/D/D west.
(Photo courtesy ofJ.T. Stanton -- CPG)
CPC) (Photo courtesy of J. T. Stanton -
CPG, coin courtesy Lee Heimke)

Washington Quarters 71
 1940-S

Mintage
Business strikes: 8,244,000

Varieties
101 Doubled die obverse. Doubling shows clearly at motto.
(FS #25<t-012.7) (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 2 12 118 278 159 55

Value

1949 1964 1979 1994 CDN

VF 2.00 1.30
XF 3.00 4.00 1.75
MS60 1.00 6.00 11.00
MS63 20.00 15.00
MS65 25.00 45.00 25.00

72 John Faiyenbaum
 1940-S Continued

Comments
Comes with a small S mintmark (the same used from 1932-
1939). Breen reports the possibility of large S which was used from
1941 on, but its existence is not verified. Undervalued in mint
state, considering its age and mintage. The 1991 Redbook listed
MS65’s at $100.

101. 1940-S Doubled die obverse.

(Photo courtesy of J.T. Stanton - CPG)

Washington Quarters 73
 1941

Mintage
Business strikes: 79,032,000
Proof strikes: 15,287

Varieties
101 Doubled die obverse. Doubling shows south (Breen-4304,
FS #254-012.7) (photo)
102 Doubled die obverse. Doubling shows northwest. (Breen-
4304, FS #25<t-012.9) (photo)
103 Doubled die reverse. Doubling shows clearly on eagle’s beak
(FS #25<t-013) (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS 63 MS 64 MS65 MS66 MS67
MS
Proof
0
52
3
85
83
397
110
731
78
325
68
57

Value

1949 1964 1979 1994 CDN

XF 2.00 3.00
MS60 1.00 3.00 4.00
MS63 8.00 5.50
MS65 5.00 25.00 18.00
PR65 2.25 17.50 27.50 125.00 120.00

74 John Feigenbaum
 1941 Continued

Comments
With much of the world embroiled in World War II, the United
States found itself in the position of supplying many goods and ser¬
vices to the warring nations. The economic boost put the Great
Depression behind us once and for all and the demand for coinage
grew as well. 1941 saw the highest-ever (to that date) mintage of
quarters in our history though this number was soon exceeded.
Available in all circulated grades, most for just a little over bullion
value. For this and subsequent years, many below AU were melted
for bullion value during the great “Hunt Brothers’’ silver price rise
in 1979-80.

MgCP'SrE

101. 1941 Doubled die obverse south. 102. 1941 Doubled die obverse n.w.
(Photo courtesy of J. T. Stanton - CPC) (Photo courtesy of J.T. Stanton - CPC)

103. 1941 Doubled die reverse.

Beak clearly doubled.
(Photo courtesy of J. T. Stanton - CPG)

Washington Quarters 75
 1941-D

Mintage
Business strikes: 16,714,800

Varieties
101 Doubled die obverse. Doubling shows south. Discovered by
Tom Miller. (Breen-4309) (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS
5 !
5 41 66 30 19

Value

1949 1964 1979 1994 CDN

XF 2.50 4.00
MS60 1.00 4.00 11.00
MS 63 17.00 13.00
MS65 17.50 41.00 27.00

76 John Feigenbaum
 1941-1) Continued

Comments
The 1941-D marked the highest-ever (to that date) mintage at
Denver and, for the collector, the first year of readily available
coins in any grade through gem BU. Because of its low value, the
vast majority of mint state specimens have not been submitted for
certification. Therefore, finding a nice certified specimen may be
tricky, though “raw” coins are plentiful. Nice mint state coins are
undervalued.

101. 1941-1) Doubled die obverse.

(Photo courtesy of Bill Fivaz)

Washington Quarters 77
 1941-S

Mintage
Business strikes: 16,080,000

Varieties
101 Small S: same mintmark used from 1932-1940. (Breen-4306)
102 Large S: same mintmark used from 1942-1944. Midsection
is thicker and serifs sharper than small S. (Breen-4307)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 3 16 81 165 85 25

Value

1949 1964 1979 1994 CDN

XF 2.25 3.00
MS60 1.25 5.00 12.00
MS63 20.00 15.00
MS65 14.00 41.00 55.00

Comments
Lowest of the 1941 mintages and worth nearly double its
Philadelphia and Denver counterparts in MS65. In 1991 this date
was listed at $85 in the Redbook and thus is a good deal at today’s
more reasonable levels.

78 John Feigenbaum
 1942

Mintage
Business strikes: 102,096,000
Proof strikes: 21,123

Varieties
101 Doubled die reverse. Doubling shows clearly on reverse let¬
tering (FS #25<t-014) (photo)
102 Doubled die reverse. Doubling shows clearly on reverse let¬
tering. Possibly unique. (FS #25<t-014.3) (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS 65 MS66 MS67

MS 0 10 45 58 62 24
Proof 56 135 611 1021 402 54

Value

1949 1964 1979 1994 CDN

XF 1.50 3.00
MS60 .75 3.00 4.00
MS63 8.00 5.50
MS65 4.00 30.00 16.00
PR65 2.00 16.00 27.50 125.00 120.00

Washington Quarters 79
 1942 Continued

Comments
Again the Mint set a new record for mintage in response to
increased economic activity as the United States entered World
War II. Don’t let the low PCGS/NGC populations fool you — this
date is readily available in mint state. It’s just not worth having
certified.

101. 1942 Doubled die reverse.

(Photo courtesy ofJ.T. Stanton - CPC)

102.1942 Doubled die reverse. Only known specimen.

(Photos courtesy ofJ.T. Stanton - CPC; coin courtesy Geoff Fults)

John Feigenbaum
 1942-D

Business strikes: 17,487,200

Varieties
101 Doubled die obverse. Doubling shows clearly to the north on
the motto and to the west on LIBERTY. (Breen-4315,
FS #254-015) (photo)
102 Doubled die reverse. Dramatic doubling shows plainly on
arrows and olive branch; eagle’s beak is also clearly doubled.
(Breen-4316, FS #254-016) (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 6 36 52 50 26 5

Value

1949 1964 1979 1994 CDN

XF 2.50 4.00
MS60 1.00 2.50 7.75
MS63 12.00 9.00
MS65 17.50 35.00 22.00

Washington Quarters 81
 1942-I) Continued

Comments
With the low population of PCGS/NGC coins, collectors will
have a difficult time finding a nice certified coin for a "slab” set.
However, raw mint state coins are available and highly underrated
at current levels.
Bill Fivaz considers the doubled die obverse (101) one of the
most sought-after Washington quarter varieties.

101. 1942-D Doubled die obverse.

(Photos courtesy ofJ.T. Stanton - CPG)

82 John Feigenbaum
 1942-S

Mintage
Business strikes: 19,384,000

Varieties
101 Large S with sharp serifs. (Breen-4312)
102 Large, knob-tailed S. (Breen-4313)

PCGS & NGC Combined Certified Populations

MS60-62 MS 63 MS64 MS65 MS66 MS67

MS 9 52 180 202 74 12

Value
1949 1964 1979 1994 CDN
XF 2.25 7.00
MS60 1.25 8.00 40.00
MS63 65.00 50.00
MS65 14.00 110.00 80.00

Comments
Breen notes the possibility of a small S mintmark (see 1941-S
#101).
In 1991 this date listed at $250 in MS65 (Redbook). With a
mintage of 3 million more coins and a PCGS/NGC population con¬
siderably higher than the 1941-S, this date is one of the few in the
set which is fully priced at present.
The 1942-S, 1940-D and 1943-S together form the “big three”
of the 1940-present Washington quarter set.

Washington Quarters 83
 1943

Mintage
Business strikes: 99,700,000

Varieties
101 Doubled die obverse. Doubling shows west. (FS#25<t-016.5)
(photo)

PCGS & NGC Combined Certified Populations

MS60-621 MS63 MS64 MS65 MS66 MS67

MS 1 | 13 40 129 130 62

Value

1949 1964 1979 1994 CDN

XF 1.50 3.00
MS60 .75 1.35 3.00
MS63 6.00 5.00
MS65 3.75 25.00 18.00

84 John Feigenbaum
 1943 Continued

Comments
Mintage remains high as a result of America’s continued
involvement in the war effort. Because of this increased burden,
the Mint discontinued proof coinage and would not resume again
until 1950.

101. 1943 Doubled die obverse.

(Photo courtesy of J.T. Stanton -
CPG, coin courtesy Richard Pawley)

Washington Quarters 85
 1943-D

Mintage
Business strikes: 16,095,600
Varieties
101 D/horizontal D: mintmark was first erroneously turned 90°
CCW with the flat side on bottom. Second D then correctly
placed over. (Breen-4321)
102 Multiple D’s: as many as 4 or 5 mintmarks can be detected.
(Breen-4322)
PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 1 j 4 48 74 57 i 25

Value

1949 1964 1979 1994 CDN

XF 2.50 1 4.00
MS60 .75 2.00 9.00
MS63 10.00 12.00
MS65 9.00 30.00 23.00

Comments
A good date that hasn’t been slabbed much because of low val¬
ues. Buy all the mint state coins you can in the $10-$15 range.
They won’t get cheaper.

John Feigenbaum
 1943-S

Business strikes: 21,700,000

Varieties
101 Doubled die obverse. Bold doubling shows south on motto.
Also shows at date and LIBERTY. (Breen-4319, FS#25C-017)
(photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

Normal 1 6 116 273 118 32

DDO 2 8 16 2 1 0

Value

1949 1964 1979 1994 CDN

XF 2.50 4.00
MS60 .85 4.00 20.00
MS63 30.00 22.00
MS65 14.00 75.00 24.00

Washington Quarters 87
 1943-S Continued

Comments
Double die obverse recognized by all major grading services.
Typical mintmark is the large S with sharp serifs. Knob-tailed,
large S may also exist.1*

The substantial PCGS/NGC population shows that this coin

was once worth considerably more — $135 in 1991 (Redbook). A
bargain today, especially near CDN levels. Look for flashy white
specimens and put them away.

101. 1943-S Doubled die obverse.

(Photos courtesy ofJ.T. Stanton - CPG)

John Feigenbaum
 1944

Mintage
Business strikes: 104,956,000

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 1 4 34 101 59 44

Value

1949 1964 1979 1994 CDN

XF _ _ 1.50 1.75
MS60 .60 1.50 2.25
MS63 — _ 6.00 4.00
MS65 4.00 15.00 10.00

Comments
Breen notes a new hub for all the 1944 coinage. Diagnostics
include the sharpened queue, larger designer’s initials and a slight¬
ly modified profile.

Once again the mint has increased mintage in reaction to the

war effort, setting a new record for quarters. Mintage figures for
the quarters would not get this high again until 1962.
Available in all grades G-MS65, though many were melted in
1979-80.

Washington Quarters
 1944-D

Business strikes: 14,600,800

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 0 1 31 79 60 50

Value

1949 1964 1979 1994 CDN

XF 1.50 2.00
MS60 .60 1.50 6.00
MS63 10.00 7.50
MS65 5.00 25.00 17.00

Comments
Breen notes a new hub for all the 1944 coinage. Diagnostics
include the sharpened queue, larger designer’s initials and a slight¬
ly modified profile.

This begins a series of mintmarked dates in the 1940’s which

can be obtained in mint state for the price of lunch at a fast-food
restaurant. Put a few away - they can’t get cheaper!
The certified coins were all submitted when prices were higher
in 1989-1991.

90 John Feigenbaum
 1944-S

Mintage
Business strikes: 12,560,000
Varieties
101 Doubled die obverse. Light doubling shows south.
(Breen-4309, FS#25<t-017.5) (photo)
PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 0 6 60 130 117 79

Value
1949 1964 1979 1994 CDN

XF _ 2.50 2.00
MS 60 .65 2.60 6.00
MS63 — 11.00 8.00
MS65 8.00 27.00 20.00

Comments
See Comments for 1944-D.

101. 1944-S Doubled die obverse.

(Photo courtesy of J. T. Stanton - CPG)

Washington Quarters 91
 1945

Mintage
Business strikes: 74,372,000

Varieties
101 Doubled die obverse. Slight doubling northwest visible on
motto. (Breen-4328) (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 0 4 17 30 31 32

Value

1949 1964 1979 1994 CDN

XF 1.50 1.75
MS60 .50 1.35 2.00
MS63 4.00 3.75
MS65 2.50 16.00 11.00

92 John Feigenhaum
 1945 Continued

Comments
Designer’s initials have been sharpened.10

Mintage has been lowered for the first time since 1940 — as
war activities came to a close.

[KeemvE
101. 1945 Doubled die obverse.
(Photo courtesy of J.T. Stanton - CPC)

Washington Quarters 93
 1945-D

Mintage
Business strikes: 12,341,600

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 0 2 25 53 53 43

Value

1949 1964 1979 1994 CDN

XF 1.50 1.75
MS60 .50 1.35 5.75
MS63 9.00 6.25
MS65 5.50 27.00 17.00

Comments
See Comments for 1944-D.

John Feigenbaum
 1945-S

Mintage
Business strikes: 17,004,001

Varieties
101 S/S northwest. (Breen-4329) (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 0 6 18 96 106 | 36

Value
1949 1964 1979 1994 CDN

XF 1.50 1.75
MS60 .50 1.75 4.00
MS63 6.00 5.50
MS65 3.50 22.00 14.00

Comments
Comes with trumpet-tailed
S. Breen notes that a few
minutely doubled-die obverse
coins may exist.
See Comments for 1944-D.
101.1945-S/S.
(Photo courtesy of Bill Fivaz, coin
courtesy of Don Lommler)

Washington Quarters 95
 1946

Mintage
Business strikes: 53,436,000

Varieties
101 Doubled die obverse. Slight doubling apparent at date and
motto, (photo)
102 Doubled die reverse. Most visible in STATES and E
PLURIBUS UNUM. (FS#25t-018.2) (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS o ! 2 10 31 32 19

Value

1949 1964 1979 1994 CDN

XF 1.50 1.75
MS60 .40 1.35 3.50
MS63 5.00 4.00
MS65 3.25 12.00 11.00

96 John Feigenbaum
 1946 Continued

Comments
Mintage at Philadelphia has continued to decline from the
1944 high.

101. 1946 Doubled die obverse.

(Photos courtesy Bill Fivaz)

102. 1946 Doubled die reverse.

(Photo courtesy ofJ.T. Stanton -
CPG, coin courtesy of Geoff Fults)

Washington Quarters 97
 1946-D

Mintage
Business strikes: 9,072,800

Varieties
101 DDR. Doubling most noticeable in STATES OF. (Breen-4337)
102 D/S. (Breen-4336)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 0 5 16 67 43 58

Value

1949 1964 1979 1994 CDN

XF 1.50 1.75 !
MS60 .40 1.10 2.50
MS63 6.00 3.50
MS65 7.00 11.00 9.00

Comments
See Comments for 1944-D.

98 John Feigenbaum
 1946-S

Mintage
Business strikes: 4,204,000

Varieties
101 Trumpet-tailed S. (Breen-4333)
102 Knob-tailed S. (Breen-4334)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 0 2 10 76 77 64

Value

1949 1964 1979 1994 CDN

XF 2.00 1.75
MS60 .40 2.75 2.00
MS63 6.00 4.00
MS65 5.50 22.00 14.00

Comments
According to Breen, the knob-tailed mintmark is tougher to
locate than its trumpet-tailed counterpart.
The second lowest mintage of regular-issue quarters from this
date to present. Mint state coins seem ridiculously cheap at today’s
levels.

Washington Quarters 99
 1947

Mintage
Business strikes: 22,556.000

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 0 0 11 75 70 43

Value

1949 1964 1979 1994 CDN

XF 1.50 1.75
MS60 .35 1.10 4.25
MS63 6.00 5.25
MS65 2.75 10.00 10.00

Comments
1947 marks the first year the government issued so-call "Mint
Sets” which contained one each of the cent, nickel, dime, quarter
and half dollar from the Philadelphia and Denver Mints. Collectors
of beautifully-toned coins pay large premiums for examples which
resulted from sitting in government holders for a long period of
time. Proof set production would not resume until 1950.

100 John Feigenbaum

 1947-D

Mintage
Business strikes: 15,338,400

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67
MS 0 2 17 91 96 139

Value

1949 1964 1979 1994 CDN

XF 1.50 1.75
MS60 .35 1.35 3.25
MS63 5.00 5.75
MS65 3.00 12.00 11.00

Comments
Mint sets insured the survivorship of a substantial number of
brilliant uncirculated coins.

Washington Quarters 101

 1947-S

Mintage
Business strikes: 5,532,000

Varieties
101 Trumpet-tailed S. (Breen-4339)
102 Knob-tailed S. (Breen-4340)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 0 4 47 161 152 191

Value

1949 1964 1979 1994 CDN

XF 2.00 1.75
MS60 .35 2.00 3.00
MS63 5.00 4.00
MS 65 4.00 10.00 13.00

Comments
According to Breen, the knob-tailed mintmark is tougher to
locate than its trumpet-tailed counterpart.
Second lowest mintage since 1940-D. Generally underrated,
especially since they were not included in the mint sets.

102 John Feigenhaum

 1948

Mintage
Business strikes: 35,196,000

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 1 1 22 70 83 58

Value
1949 1964 1979 1994 CI)N

XF 1.50 1.75
MS60 .35 1.25 2.25
MS63 _ — 4.00 5.50
MS65 2.25 11.00 8.00

Comments
See Comments on 1947-P.

Washington Quarters 103

 1948-D

Mintage
Business strikes: 16,766,800

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 0 3 19 37 34 24

Value

1949 1964 1979 1994 CDN

XF 1.50 1.75
MS60 .35 1.25 3.00
MS63 6.00 4.00
MS65 3.00 10.00 10.00

Comments
See Comments on 1947-P and 1944-D.

104 John Feigenbaum

 1948-S

Mintage
Business strikes: 15,960,000

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

00
to
o
MS 1 5 44 99

Value

1949 1964 1979 1 1994 CDN

XF 1.50 1.75
MS60 .35 1.60 3.25
MS63 6.00 6.00
MS65 2.75 1 15.00 13.00

Comments
Knob-tailed S mintmark used from this point on. Breen also
notes the possible existence of a trumpet-tailed S in the transition.

No S-mint coin made again until 1950.

Also see Comments on 1944-D.

Washington Quarters 105

 1949

Mintage
Business strikes: 9,312,000

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 1 4 35 152 130 |34

Value

1949 1964 1979 1994 CDN

XF 3.00 1.75
MS60 .35 5.50 13.00
MS63 21.00 16.00
MS65 16.00 30.00 20.00

Comments
The most valuable regular issue since 1943-S. Note mintage
for this year is the lowest in Philadelphia since 1932. Also see
Comments on 1947-P.

106 John Feigenbaum

 1949-D

Mintage
Business strikes: 10,068,400

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 0 1 28 102 88 29

Value

1949 1964 1979 1994 CDN

XF 2.25 1.75
MS60 .35 2.00 5.00
MS63 _ 10.00 7.00
MS65 8.00 22.00 16.00

Comments
See Comments on 1947-P.

Washington Quarters 107

 1950

Mintage
Business strikes: 24,920,126
Proof strikes: 51,386

Varieties
101 Doubled die reverse. Eagle’s beak doubled. (FS#25<t-019)
(photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS 64 MS65 MS66 MS67

MS
Proof
0 2
36
11
214
47
531
46
352
76
104
1 10

Value

1964 1979 1994 CDN

MS60 1.50 2.50
MS63 4.00 1.90
MS65 8.00
PR65 14.00 25.00 70.00 47.00

John Feigenbaum
 1950 Continued

Comments
The Mint made proof coinage for the first time since 1942.
Proofs of this year were heavily saved because collectors had been
deprived of them for eight years. Proof production is low compared
with modern issues and would rise slowly until 1956. In 1957 more
than 1 million proofs were issued for the first time.
Also see Comments on 1947-P.

101. 1950 Doubled die reverse.

(Photo courtesy ofJ.T. Stanton - CPG)

Washington Quarters 109

 1950-D

Mintage
Business strikes (all types): 21,075,600
Varieties
101 Doubled die reverse. Arrows and mintmark clearly doubled.
(Breen-4353, FS#25t-020) (photo)

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67
MS 1 4 19 50 47 81

Value

1964 1979 1994 CDN

XF 1.50 1.75
MS60 1.25
MS63 4.00 2.10
MS65 4.00 8.00

Comments
Also see 1950-D/S.

101. 1950-D Doubled die reverse.

(Photo courtesy of J. T. Stanton - CPG)

110 John Feigenbaum

 1950-D/S

(Photo courtesy of J.T. Stanton - CPG)

Mintage
Unknown
PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 0 9 17 7
0 0

Value

1964 1979 1994 CDN

F 24.00
VF _ 60.00 45.00
XF 150.00 110.00
MS60 200.00
MS63 350.00 245.00
MS65 500.00 395.00

Comments
(Breen-4354, FS#25<t-021) Found most often in low grades
where the price is very affordable. Mint state specimens are highly
sought after and carry a price tag to match.
This variety was produced by the coiner placing a D mintmark
over an existing S. Fivaz and Stanton suggest that this was done
erroneously. The “S” shows most noticeably at the upper left where
the upper curve protrudes behind the D (photo).

Washington Quarters 111

 1950-S

Mintage
Business strikes (all types): 10,284,004

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 5 17 50 61 32
1
Value

1964 1979 1994 CDN

XF 1.50 1.75
MS60 2.60
MS63 7.00 4.75
MS65 6.00 16.00

Comments
Also see 1950-S/D.

112 John Feigenbaum

 1950-S/D

(Photo courtesy ofJ.T. Stanton - CPG)

Mintage
Unknown

PCGS & NGC Combined Certified Populations

MS60-62 MS63 MS64 MS65 MS66 MS67

MS 1 1 15 19 3
2
Value

1964 1979 1994 CDN

F 24.00
VF _ 65.00 45.00
XF 175.00 135.00
MS60 325.00
MS63 550.00 350.00
MS65 625.00 450.00

Comments
(Breen-4351, FS#25<t-021) As with the 1950-D/S, found most
often in low grades where the price is affordable. Mint state speci¬
mens are highly sought after and carry a price tag to match.
Created in similar fashion to the D/S variety. Shows quite
clearly under magnification (photo).

Washington Quarters 113

 1951

Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN
1951 43.448.102 $ 7.00 $ 2.15
1951 Proof 57,500 45.00 27.00
1951-D 35.354.800 5.00 1.95
1951-S 9.048.000 23.00 13.00

Varieties
101 1951-D/D with doubled die obverse. (FS#25<t-017) (photo)
102 1951-D/S. (Breen-4358)

Comments
Business strikes come with reverse type A and proofs with
reverse type B. (Refer to Chapter 1. Major Design Changes for
more information on reverse hub types.)"
Production at the Denver mint is starting to expand.

101. 1951-D/D with doubled die obverse.

(Photo courtesy of J. T. Stanton - CPC)

114 John Feigenbaum

 1952

Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN
1952 38,780,183 $ 6.00 $ 1.75
1952 Proof 81,980 35.00 23.00
1952-D 49,795,200 7.50 1.70
1952-S 13,707,800 12.00 6.50

Varieties
101 1952 Proof. Doubled reverse hub B struck over hub A.
(Breen-4360)

Comments
More production at the Denver mint than Philadelphia for only
the second time in the series (first in 1949).

Washington Quarters 115

 1953
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN

1953 18.536,120 $ 7.50 $ 1.50

1953 Proof 128.800 25.00 16.00
1953-D 56.112.400 4.00 .95
1953-S 9.048,000 6.00 1.65

Varieties
101 1953-D/D/D/S. (FS#25t-022.2. Breen-4367) (photo)
102 1953-D. Doubled die reverse. (FS#25<t-022.2) (photo)

Comments
The vast majority of production is at Denver — a pattern that
repeats from 1957 through 1964.

(Photo courtesy of Bill Fivaz)

102. 1953-D Doubled die reverse.

(Photo courtesy of
J. T. Stanton - CPC)
102. 1953-D Doubled die reverse.
(Photo courtesy of J.T. Stanton - CPG)

116 John Feigenbaum

 1954
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN

1954 54,412,203 $ 4.00 $ ..95

1954 Proof 233,300 17.00 10.00
1954-D 42,305,500 4.00 .95
1954-S 11,834,722 5.00 .95

Comments
Last year of San Francisco Mint production of regular coinage.
Starting in 1968, San Francisco would take over the manufacture
of proof coinage.

1955
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN

1955 18,180,181 $ 4.50 $ .95

1955 Proof 378,200 12.00 9.00
1955-1) 3,182,400 6.00 1.10

Comments
The mintage for both mints is the lowest since 1949 and fourth
lowest in the entire series.
The 1955-D has a particularly low mintage and has probably
been heavily saved because of this.
About halfway through the production year, the Mint began
shipping proof sets in polyethylene plastic envelopes (called “flat”
sets) instead of the previously-used boxes. The flat sets would be
used until 1966 when the Mint would begin packaging the sets in
hard plastic.

Washington Quarters 117

 1956
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN
1956 44,144.000 $ 3.25 $ .95
1956 Proof 669.384 5.00 5.00
1956-D 32,334,500 3.25 1.05

Varieties
101 1956-D/horizontal D (?). (Breen-4378)

Comments
While all business strikes on the Philadelphia coins were sup¬
posed to be struck with hub A, Breen notes that a few were struck
with reverse type B and are rare. Reverse B was primarily used for
proof coinage. The Denver coins were struck with both hub types.
Neither is scarce.

118 John Feigenbaum

 1957
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN

1957 46,532,000 $ 3.25 $ .95

1957 Proof 1,247,952 4.50 3.15
1957-D 77,924,160 3.25 .95

Comments
While all business strikes on the Philadelphia coins were sup¬
posed to be struck with hub A, Breen notes that approximately 5%
were struck with reverse type B. Reverse B was primarily used for
proof coinage. The Denver coins were struck with both hub types.
Neither is scarce.
First time proof production is over 1 million.

1958
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN

1958 6,360,000 $ 5.50 $ .95

1958 Proof 875,652 6.00 4.75
1958-D 78,124,900 3.25 .95

Comments
A small portion of the business strike mintage of the
Philadelphia coinage and all proofs were struck with the type B
reverse. The Denver coins were struck with both reverse hub types.
Neither is scarce.12
Lowest production at the Philadelphia Mint since 1932.

Washington Quarters 119

 1959
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN

1959 24,384,000 $ 3.25 $ .95

1959 Proof 1,149,291 5.00 3.25
1959-D 62.054,232 3.25 .95

Varieties
101 1959 Proof. Doubled die obverse, (photo)

Comments
A small portion of the business strike mintage of the
Philadelphia coinage (including all mint set coins) and all proofs
were struck with the type B reverse. The Denver coins were struck
with both reverse hub types. Neither is scarce.'

101. 1959 Proof doubled die obverse.

(Photo courtesy of Bill Fivaz)

120 John Feiyenbaum

 1960

Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN

1960 29,164,000 $ 3.25 $ .95

1960 Proof 1,691,602 4.50 3.00
1960-D 63,000324 3.25 .95

Varieties
101 1960 Proof Double Die Reverse (FS#25<t-022.5) (photo)

Comments
A small portion of the business strike mintage of the
Philadelphia coinage (including some of the mint set coins) and all
proofs were struck with the type B reverse. The Denver coins were
struck with both reverse hub types. Neither is scarce. 1

101. 1960 Doubled die obverse.

(Photo courtesy of J. T. Stanton - CPG. coin courtesy Del Romines)

Washington Quarters 121

 1961
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN
1961 37,036,000 $ 3.25 $ .95
1961 Proof 3,028,244 4.50 2.75
1961-D 83,656,928 3.25 .95

Comments
See Comments for 1960.

1962
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN
1962 36,156,000 $ 3.25 $ .95
1962 Proof 3,218,019 4.50 2.75
1962-1) 127,554,756 3.25 .95

Varieties
101 1962-D/horizontal D. (Breen-4404)

Comments
See Comments for 1960.

122 John Feigenbaum

 1963
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN
1963 74,316,000 $ 3.25 $ .95
1963 Proof 3,075,645 4.50 2.75
1963-D 135,288,184 3.25 .95

Varieties
101 1963-P. Doubled die obverse. (FS#25<t-023) (photo)
102 1963-P. Doubled die obverse & reverse. (FS#25<t-024)
(photo)
103 1963-D. Doubled die obverse. (Breen-4408)

Comments
See Comments for 1960.
Rolls of mint state coins are hoarded for their silver content.

[ ^
101 & 103. 1963 Doubled die obverse.
(Photo courtesy of J.T. Stanton - CPG)

102 & 103. 1934 Doubled die reverse.

(Photo courtesy of J.T. Stanton - CPC)

Washington Quarters 123

 1964
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN

1964 560,390,585 $ 3.25 $ .95

1964 Proof 3,950,762 4.50 2.75
1964-D 704,135,528 3.25 .95

Varieties
101 1964. Doubled die reverse. (FS#25C-024.5) (photo)
102 1964-D. Doubled die reverse. (FS#25C-025) (photo)

Comments
See Comments for 1960. A third, type C. reverse probably
exists on business strikes from both mints which Breen calls "tran¬
sitional" pieces. Reverse C was used from 1965 - present. He also
reports a 1964 piece struck on a clad planchet.1 Also, the last year
proofs would be minted until 1968.
This is the last year of regular-issue 90% silver coinage in the
United States. Production exceeded 1 billion quarters for the first
time. The proof set production of 4 million is also the highest to
date and would not be exceeded until the Bicentennial issue of
1976.
Rolls, and even bags, of these silver quarters are commonly
hoarded as a silver investment. Even in mint state 1964 quarters
tend to carry no premium over bullion value.

101. 1964 Doubled die reverse. 102.1964-D Doubled die reverse.

(Photo courtesy CPC, Don Lommler) (Photo courtesy CPG, Don Lommler)

124 John Feigenbaum

The Clad Coinage
1965-Present
 1965

Mintages & Values

1994 MS65 & PR65
Mintage Redbook CDN

1965 1,819.717.540 .85 .35

1965 sms* 2.360.000 .40

* sms - Special Mint Sets were produced by the San Francisco Mint (without
mintmarks). Mint state coins have a proof-like surface.

Varieties
101 1965. Doubled die obverse. (FS#25<t-026) (photo)

Comments
1965 marked the first year of issue for Washington quarters
struck on the new clad or “sandwich” metal planchets. The Mint
abandoned the previous silver standard in response to the high
price of silver. The melt value of pre-1965 coins soon exceeded
their face value and virtually all disappeared from circulation
overnight. Production in this and subsequent years was very high
to replace the silver coins which were no longer being used. Clad
coins can be distinguished easily by the copper-colored band along
the edge. These new coins were found to be acceptable for vending
machines, which was a significant consideration at the time. The
decision proved unpopular with numismatists, however, because
the new metal looked "shiny”, did not show as much detail and was
apparently far easier to counterfeit on a large scale.

126 John Feiyenbaum

 1965 Continued

The Denver mint also produced coins this year, however no

mintmark was added so these are indistinguishable from the
Philadelphia issues. No proofs were minted.
In addition to the new planchets, a new reverse hub C was put
into use and is found on all 1965 quarters. Breen reports the exis¬
tence of a 1965 coin struck on a silver planchet, which is very rare
and possibly unique.

101. 1965 Doubled die obverse.

(Photos courtesy of J.T. Stanton - CPG)

Washington Quarters
127
 1966
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN
1966 821.101,500 .85 .40
1966 sms* 2.261.583 .60

* sms - Special Mint Sets were produced by the San Francisco Mint (without
mintmarks). Mint state coins have a proof-like surface.

Comments
All coins struck with type C reverse.1"

1967
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN
1967 1,524,031,848 .85 .45
1967 sms* 1,863,344 .65

‘ sms - Special Mint Sets were produced by the San Francisco Mint (without
mintmarks). Mint state coins have a proof-like surface.

Varieties
101 1967 sms. Doubled die obverse. (FS#25t-026.5) (photo)

101. 1967 sms Doubled die obverse.

(Photos courtesy ofJ.T. Stanton - CPG)

m John Feigenbaum
 1968
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN

1968 220,731,500 $ .85 $ .45

1968-D 101,534,000 .85 .60
1968-S Proof 3,041,506 1.50 .65

Varieties
101 1968 proof. Doubled die reverse. (FS#25<t-027) (photo)

Comments
The Mint restored mintmarks (removed after 1964) and placed
them on the obverse of the coin behind Washington’s ribbon queue
(photo). Proofs were also reinstated this year and minted entirely
in the San Francisco Assay
Office (the old Mint office)
which mints, packs and distrib¬
utes all proof coinage to this
day.

101. 1968-S Doubled die reverse.

(Photo courtesy of CPG)

1968-S Proof, die gouges on face.

(Photo courtesy of Bill Fivaz)

Washington Quarters 129

 1969

Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN
1969 176,212,000 $ .85 $ .50
1969-D 114,372,000 .85 .50
1969-S Proof 2,934,631 1.50 .65

Comments
Type C reverse was used on all Philadelphia business strikes
and primarily on the Denver issues. Breen reports that fewer than
1% of the Denver issues were produced with the type B reverse
which makes them very scarce. The type B reverse was used exclu¬
sively on the S-mint coinage.

130 John Feigenbaum

 1970
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN

1970 136,420,000 $ .50 $ .40

1970-D 417,341,364 .50 .40
1970-S Proof 2,632,810 1.50 .60

Varieties
101 1970. Doubled die reverse.
102 1970-D. Doubled die obverse. Breen reports that many DDO
varieties exist for this date.
103 1970-D. Doubled die reverse. (FS#25<t-027.3) (photo)

Comments
Type C reverse was used on all Philadelphia business strikes
and primarily on the Denver issues. Breen reports that fewer than
0.1% of the Denver issues were produced with the type B reverse
which makes them very scarce. As with the 1969 proofs, the type B
reverse was used exclusively on the S-mint coinage.

CVWllQf
101. 1970-D Doubled die obverse.
(Photos courtesy of J. T. Stanton - CPG)

Washington Quarters 131

 1970

Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN
1970 136,420,000 $ .50 $ .40
1970-D 417.341,364 .50 .40
1970-S Proof 2,632,810 1.50 .60

Varieties
101 1970. Doubled die reverse.
102 1970-D. Doubled die obverse. Breen reports that many DDO
varieties exist for this date.
103 1970-D. Doubled die reverse. (FS#25<t-027.3) (photo)

Comments
Type C reverse was used on all Philadelphia business strikes
and primarily on the Denver issues. Breen reports that fewer than
0.1% of the Denver issues were produced with the type B reverse
which makes them very scarce. As with the 1969 proofs, the type B
reverse was used exclusively on the S-mint coinage.

132 John Feigenbaum

 1971
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN

1971 109,284,000 $ .50 $ .45

1971-D 258,634,428 .50 .70
1971-S Proof 3,220,733 1.50 .70

Varieties
101 1971. Doubled die reverse. (FS#25<t-027.7) (photo)
102 1971-D. Doubled die reverse. Several different DDR exist.
(FS#25C-027.8) (photo)

Comments
Type C reverse was used on all Philadelphia business strikes
and primarily on the Denver issues. Breen reports that a few of the
Denver issues have been reported with the type B reverse and these
are rare. As with the 1969 proofs, the type B reverse was used
exclusively on the S-mint coinage.

102.1971-D Doubled die reverse.

(Photo courtesy of J.T. Stanton - CPG)

Washington Quarters 133

 1972-1974
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN
1972 215,048,000 $ .50 $ .30
1972-D 311,067,732 .50 .45
1972-S Proof 3,260,996 1.50 .80
1973 346,924,000 $ .65 $ .45
1973-D 232,977,400 .75 .45
1973-S Proof 2,760,339 1.50 .65
1974 801,456,000 $ .70 $ .35
1974-D 353,160,300 .75 .45
1974-S Proof 2,612,568 1.50 .65

Varieties
101 1974-S/S Proof. Obvious doubled mintmark. (Breen-4445)

Comments
In 1972 the type C reverse was used on all Philadelphia busi¬
ness strikes and primarily on the Denver issues. Breen reports that
a few of the Denver issues have been reported with the type B
reverse and these are rare. The type B reverse was used exclusively
on the S-mint coinage.
As of 1973 the Mint fully adopted the type C reverse and it has
been used through today’s coinage, with the exception of the
Bicentennial reverse in 1976.
No coins were minted bearing the date 1975 in preparation for
the forthcoming Bicentennial coins. To compensate for this void,
1974-dated quarters were produced through 1975 which is one
reason why the total yearly mintage was one of the highest ever for
quarters to that time. (Bicentennial quarters, which were also were
minted in 1975, had a total mintage of 1.6+ billion which was the
second highest ever to date.)

134 John Feigenbaum

 1776-1976
Bicentennial Quarter

Mintages & Values

1994 MS65 & PR65
Mintage Redbook CDN

1976 809,784,016 $ .50 $ .35

1976 Proof 3
1976-1) 860,118,839 .50 .35
1976-S Proof clad 7,059,099 1.50 .45
1976-S Silver 11,000,000* 2.25 1.15
1976-S Proof silver 4,000,000* 3.50 1.45

* estimated mintage. See Comments below.

Varieties
101 1976-D. Doubled die obverse. Very rare. An MS60 specimen
reportedly sold for $950.,: (FS#25<t-028. Breen-4452) (photo)

Washington Quarters
135
 1776-1976 Bicentennial Continued

Comments
The Bicentennial quarter’s history began in 1966 with the
establishment of the American Revolution Bicentennial
Commission (ARBC). The primary function of this group of con¬
gressmen, executive branch members and ordinary citizens was to
make recommendations on commemorative coins, medals, stamps
and more. In 1973, nearly seven years, dozens of committees and
endless reversals of decisions later, it was decided that the quarter,
half dollar and dollar reverses would be given a new commemora¬
tive design to reflect the celebration. On October 23, the U.S.
Treasury announced an open competition for artists. The deadline
would be December 14 and all entries were to be in the form of a
10" drawing or photograph of a plaster model. The denominations
for the submissions were to be generic (i.e. the selection commit¬
tee would decide on which coin the design would appear).
Ultimately 12 finalists were selected from over 900 entries.
On March 1, 1974, Jack L. Ahr’s design was selected as the win¬
ner to be used on the quarter. On August 12, Ahr witnessed the
first prototypes struck off the press.
The 1976 proof (listed in the the table on the preceding page
with a mintage of 3 coins) is a direct result of this prototype mint¬
ing and thus one of the few modern rarities created by the U.S.
Mint. Apparently three special Bicentennial proof sets were pro¬
duced that day without mintmark for special presentation.
Unfortunately none have even been released to the public: one was
displayed at the 1974 American Numismatic Convention in Bal
Harbour, Florida and is probably retained by the Mint; the second
was presented to then-President Ford; the third to his appointment
secretary. Perhaps one of the latter two sets will eventually reach
collectors’ hands.
Bicentennial quarters were released in two different metal
alloys. The first being the standard copper-nickel clad for regular
circulation and S-mint proofs of the same metal. To make more

136 John Feigenbaum

 1776-1976 Bicentennial Continued

money from the issue, the San Francisco Mint also produced a
40% silver (with copper-nickel) composition for mintage of proof
and non-proof coinage. These were released as late as 1982 until
the rising bullion prices of that time rose above selling prices. For
this reason the exact quantity distributed is not known, but esti¬
mated (see chart on page 135). The West Point branch of the
Philadelphia Mint also participated in the production but without a
designating mintmark.
Regular-issue mintage of the copper-nickel coins was extreme¬
ly high in anticipation of tremendous demand by both collectors,
hoarders and novelty-seekers alike. Never before or since has the
Mint produced a commemorative coin for regular issue. So strong
has the hoarding of this coin been that despite a mintage of over
1.6 billion coins it is unusual to find one of these in circulation.
Like the $2 bill, wheat cents and other obsolete mint designs,
many people believe that these coins will eventually be worth a
premium. Unfortunately, the tremendous mintage will prevent this
from ever happening.

101. 1976-D Doubled die obverse.

(Photo courtesy of J.T. Stanton - CPG)

Washington Quarters 137

 1977-Present
Mintages & Values

1994 MS65 & PR65

Mintage Redbook CDN

1977 468,556.000 $ .50 $ .35

1977-D 256.524,978 .50 .35
1977-S Proof 3,251,152 1.50 .55
1978 521,452.000 .50 $ 40
1978-D 287,373,152 .50 .30
1978-S Proof 3,127,781 1.50 .50
1979 515,708,000 .50 $ .40
1979-D 489,789,780 .50 .40
1979-S Pr. Ty.l 3,053,175la 1.50 .55
1979-S Pr. Ty.2 624,000ls 1.75 .60
1980 635,832,000 .50 $ .35
1980-D 518,327,487 .50 .30
1980-S Proof 3,554,806 1.50 .45
1981 601,716,000 .50 $ .30
1981-D 575,722,833 .50 .50
1981-S Proof 4,063,083 1.00 2.40
1982 500,931,000 4.25 $ 3.40
1982-D 480,042,788 2.25 .65
1982-S Proof 3,857,479 1.00 1.50
1983 673,535,000 5.00 $ 4.15
1983-D 617,806.446 7.00 4.50
1983-S Proof 3,279,126 1.25 1.90
1984 676,545,000 .85 $ .55
1984-D 546,483,064 1.75 1.40
1984-S Proof 3,065,110 3.00 1.30
1985 775,818,962 1.25 $ 1.75
1985-D 519,962,888 3.00 2.20
1985-S Proof 3,362,821 2.00 1.05

John Feigenbaum
 1977-Present Continued

1994 MS65 & PR65

Mintage Redbook CDN
1986 551,199,333 2.25 $ 3.00
1986-D 504,298,660 2.50 2.15
1986-S Proof 3,010,497 2.50 1.50
1987 582,499,481 .50 $ .35
1987-D 655,594,696 .50 .30
1987-S Proof 4,227,728 1.50 1.00
1988 562,052,000 .50 $ 1.20
1988-D 596,810,688 .50 .35
1988-S Proof 3,262,948 2.25 .35
1989 512,868,000 .50 $ .40
1989-D 896,535,597 .50 .55
1989-S Proof 3,220,194 2.50 .95
1990 613,792,000 .50 $ .35
1990-D 927,638,181 .50 .30
1990-S Proof 3,299,559 2.50 1.75
1991 570,968,000 .50 $ .30
1991-D 630,966,693 .50 .30
1991-S Proof 2,867,787 2.50 2.25
1992 384,764,000 .50 $ .40
1992-D 389,777,107 .50 .30
1992-S Proof N/A 2.50 2.50
1992-S Pr. Silver N/A 4.00 4.20
1993 639,276,000'* .50 $ .30
1993-D 645,476,128'* .50 .30
1993-S Proof N/A 2.50 2.00
1993-S Pr. Silver N/A 4.00 4.75

Washington Quarters 139

 1977-Present Continued

Varieties
101 1977-D. Struck on silver-clad planchet left over from 1976.
Breen considers this the “single great rarity" of the 1977-
1986 period. (Breen-4457)
102 1977-S Proof. Very thin motto. Result of die overpolishing.
Breen estimates that it forms a tiny fraction of all proofs of
this year. (Breen-4455)
103 1979-S Proof type 2. Mintmark was replaced due to filling of
the old style (type 1). (Breen-4463) (photo)

Comments
The Mint resumed the 1974 reverse design and continues to
strike these today. The West Point branch of the mint continued
making quarters through 1979, however, there is no way to distin¬
guish these from the Philadelphia issues since no mintmark was
added. Starting in 1980, the Philadelphia Mint began adding a “P”
to their coins in the usual mintmark location.
In 1992 the San Francisco Mint began minting proof speci¬
mens in the normal clad and the silver alloys as part of their
increased marketing effort to sell more coins.

N
*> ^ h\
i 1979-S Proof 1979-S Proof
Type 1 mintmark Type 2 mintmark

140 John Feigenbaum

 Footnotes

' Taxay, Don. The U.S. Mint and Coinage. Arco Publishing Co., Inc, p. 361.
- Breen, Walter. Walter Breen's Complete Encyclopedia of U.S. and Colonial
Coins. F.C.I. Press, Inc. & Doubleclay, p. 365.
1 Taxay, Don. p. 362.
4 Ibid, pp. 362-363.
Ibid, pp. 366.
' Pessalano-Filos, Francis. The Venus Numismatics Dictionary of Artists
Engravers, and Die Sinkers, Eros Publishing Co., pp. 36-37.
7 Catalog of Coin Designs and Designers, pp. 57-58.
K Taxay, Don. p. 363.
9 Breen, Walter, p. 368.
10 Ibid.
" Ibid, p.369.
12 Ibid.
" Ibid.
14 Ibid.
' Ibid. pp. 370-371.
16 Ibid, p. 370.
17 Ibid, p. 372.
18 Herbert, Alan. Numismatic News, November 10, 1982, p. 1.
19 “Endings and Beginnings... Final 1993 Mintages,” Coin World. February 7,
1994, p. 1.

Washington Quarters 141

 Appendices

Glossary

Statistics

References
 Appendix A

GLOSSARY

ALTERED COIN - A genuine coin that has been deliberately changed, usually to
make it resemble a rare or more valuable piece. For example, by the addition or
removal of a mintmark.
ANACS - A coin authentication and grading service located in Columbus. Ohio.
ATTRIBUTION - The identification of a numismatic item by characteristics such
as issuing authority, date or period, mint, denomination, metal in which struck
and by a standard reference.
BUSINESS STRIKE - A coin which was minted for public circulation. As opposed
to a proof.
CHERRYPICKING - The art of searching through a group of coins offered for sale
and finding a variety of some value over and above the selling price.
CIRCULATED - Coins showing signs of wear through use in commerce.
COIN DEALER NEWSLETTER (CDN) - A publication reporting current whole¬
sale market values. Published in Torrence, California.
COUNTERFEIT COIN - A coin made outside of the U.S. Mint to imitate a genuine
piece with intent to deceive or defraud, irrespective of whether the intended fraud
is for monetary or numismatic purposes.
D MINT - Denver Mint.
DDO - Doubled Die Obverse.
DDR - Doubled Die Reverse.
DIE - The metal molds which stamp a design into a blank planchet so the devices
and inscriptions will be in relief and readable. The die design is incuse.
DIE CRACK A raised, usually irregular line on the coin resulting from a crack in
one of the dies.
DOUBLED DIE - One which received one of its several blows from a hub or device
accidentally punched in imperfect alignment.
FILLED DIE - Results when dirt or grease pack into the letters or numbers pre¬
venting the coin metal from entering that part of the design in the dies as the
coin is struck.
FLOW LINES - Microscopic striations in a coin's surface caused by the movement
of metal under striking pressures.
FROST - Effect caused by striking a coin with sandblasted dies, used in describing
some uncirculated and mostly proof coins.
HAIRLINES - Fine scratches in the surface of a coin caused by mishandling or
light cleaning. Not to be confused with die scratches or die striations which are
raised on the coin.
LUSTER The sheen or bloom on the surface" of an uncirculated numismatic
object resulting from the flow of metal caused when struck by the dies.

144 John Feigenbaum

MASTER DIE - The die made from the master hub in which the year is engraved
and used to produce the working hub. The working hubs are then used to pro¬
duce the working dies utilized by the mint presses.
MINT ERRORS - A coin evidencing a mistake made in its manufacturer at the mint.
MINTMARK - Letter or symbol identifying the mint of origin of a coin. The mint
marks are normally punched by hand into each working die at the Philadelphia Mint.
NGC - Numismatic Guaranty Corporation of America. A coin certification and
grading service located in Parsippany, New Jersey.
OBVERSE - The “heads" side of a coin. The side with the date.
OVERDATE- A variety in which at least one digit of a date has been changed
either for mint economy or to correct a blunder. Some part of the earlier date still
shows.
P MINT - Philadelphia Mint.
PCGS - Professional Coin Grading Service. An independent certification and
grading service located in Newport Beach, California.
PLANCHET - The blank disc of metal on which the dies of the coins are
impressed to make the coin. Also called a blank or disc.
PROOF - Specially minted coin, normally given two or more blows from the dies
to bring up the designs more sharply than on production coins. Usually minted
on burnished blanks from burnished dies giving the coins a mirror finish.
RED BOOK - “A GUIDE BOOK OF THE UNITED STATES COINS" by R.S.
Yeoman, published by Western Publishing Company, Inc., of Racine. Wisconsin.
A retail price guide.
REVERSE - The “tails” side of a coin. In this series, the side with the eagle.
RPM - Repunched Mintmark. The mintmark has been punched into the die twice
resulting in a doubled mintmark on the coin. Since the doubling appears on the
die itself, identical specimens are produced and the variety is considered collec¬
table.
S MINT San Francisco Mint.
SLAB - A coin encased in hard plastic by one of the certification services. After
grading, the enclosed coins receive protection from the outside environment.
The holders are tamper resistant.
SLIDER - Current slang for a coin that is close to uncirculated (AU58) and possi¬
bly saleable as mint state, particularly after cleaning and/or recoloring.
STRIKE -The quality of the coin's detail transferred from the dies. Poor strikes
can be caused by light striking pressure, worn dies or improper distant adjust¬
ments between the obverse and reverse dies.
WHIZZING - The severe polishing or buffing of a coin in an attempt to improve
its appearance and salability to the uninformed. A form of alteration regarded as
misleading by the numismatic community and which actually lowers the value of
the coin significantly.
VARIETY - Any coin which is recognizably different from another of the same
design, type, date and mint due to a difference in the die which produced it.

Washington Quarters 145

 Appendix B

STATISTICS

Table 1. The rank of Washington quarter business strikes by mintage,

from lowest to highest._

Quantity Minted Quantity Minted

1932-S..408,000 1941-S.16,080,000
1932-D..436.800 1943-D.16,095,600
1937-S..1,652,000 1941- D.16,714,800
1939-S. .2,628.000 1948-D.16,766,800
1940-D. .2,797,600 1945-S.17,004,001
1938-S. .2,832,000 1942- D.17,487,200
1955-D. .3,182,400 1955 .18,180,181
1934-D. .3,527,200 1953 .18,536,120
1936-S. .3,828,000 1942- S.19,384,000
1946-S. .4.204.000 1937.19,696,000
1936-D. .5,374,000 1950- D.21,075,600
1932. .5,404,000 1943- S.21,700,000
1947-S. .5,532,000 1947 .22,556,000
1935-S. .5.660,000 1959 .24,384,000
1935-D. .5,780,000 1950 .24,920,126
1958. .6,360,000 1960 .29,164,000
1939-D. .7,092,000 1934 .31,912,052
1937-D. .7,189,600 1956-D.32.334.500
1940-S. .8,244,000 1935 .32.484,000
1951-S. .9,048,000 1939 .33,540,000
1946-D. .9,072,800 1948 .35,196,000
1949. .9,312,000 1951- 1).35,354,800
1938..9,472,000 1940 .35,704,0000
1949-D ..10,068,400 1962.36,156,000
1950-S..10,284,004 1961 .37,036,000
1976-S*. .11,000,000 1952.38,780,093
1954-S..11,834,722 1936 .41,300,000
1945-D..12,341,600 1954-D.42,305,500
1944-S..12,560,000 1951 .43,448,102
1952-S..13,707,800 1956 .44,144,000
1953-S. .14,016,000 1957 .46,532,000
1944 1). .14,600,800 1952- D.49,795,200
1947-D..15,338,400 1946.53,436.000
1948-S..15,960,000 1954 .54,412,203

146 John Feigenbaum

Table 1. Continued

Date Quantity Minted Date Quantity Minted

1953-D.56.112,400 1986- D.504,298,660
1959- D.62,054,232 1989 .512,868,000
1960- D.63,000,324 1979 .515,708,000
1963.74,316,000 1980- D.518,327,487
1945.74,372,000 1985-D.519,962,888
1957- D.77,924,160 1978.521.452.000
1958- D.78,124,900 1984-D.546,483,064
1941 .79,032,000 1986 .551.199,333
1961- D.83,656,928 1964 .560.390.585
1943 .99,700,000 1988.562.052.000
1968- D.101,534,000 1991.570,968,000
1942 .101,996,000 1981- D.575,722.833
1944 .104,956,000 1987 .582,499.481
1971 .109,284,000 1988- D.596,810,688
1969- D.114,372,000 1981.601.716,000
1962- D.127,554,756 1990 .613,792,000
1963- D.135,288,184 1983-D.617,806,446
1970.136,420,000 1991 -D.630,966,693
1969.176,212,000 1980 .635,832,000
1972 .215,048,000 1993.639,276 000
1968.220,731,500 1993-D.645,476,128
1973- D.232,977.400 1987- D.655,594,696
1977- D.256,524,978 1983 .673,535.000
1971- D.258,634,428 1984 .676.545.000
1978- D.287,373,152 1964-D.704.135,528
1972- D.311,067,732 1985 .775,818.962
1973 .346,924,000 1974.801.456.000
1974- D.353,160,300 1976.809,784.016
1992.384,764,000 1966 .821,101,500
1992-D.389,777,107 1976-D.860.118,839
1970- D.417,341,364 1989- D.896,535,597
1977.468,556,000 1990- D.927,638,181
1982-D.480,042,788 1967 .1,524.031,848
1979- D.489,789,780 1965 .1,819.717,540
1982.500,931,000

Washington Quarters 147

Table 2. The rank of Washington quarter business strikes by total yearly
mintage, from lowest to highest.

Year Quantity Minted Year Quantity Minted Year Quantity Minted

1932.6,248,800 1952.102,283,093 1966 .821,101,500
1938 .12,304,000 1945.103,717,601 1982 .980,973,788
1949 .19,380.400 1954.108.552.425 1979 .1,005,497.780
1955 .21.362.581 1941 .111.826.800 1986 .1,055,497,993
1937.28,537.600 1961 .120.692.928 1980 .1,154,159,487
1934 .35.439.252 1957.124.456.160 1974.1,154,616,300
1939 .43,260,000 1944.132.116.800 1988 .1,158,862,688
1947 .43,426,400 1943.137,495,600 1981 .1,177,438,833
1935 .43,924,000 1942 .138,867.200 1991.1.201.934,693
1940 .46,745.600 1962 .163,710,756 1984 .1,223,028,064
1936 .50.502.000 1963 .209,604,184 1987 .1,238,094,177
1950 .56,279,730 1969 .290,584,000 1964 .1,264,526,113
1946.66,712.800 1968.322,265.500 1993.1,284,752,128
1948 .67.922,800 1971 .367,918,428 1983 .1.291,341.446
1956 .76,478,500 1972 .526,115,732 1985 .1,295,781,850
1958 .84.484.900 1970 .553.761.364 1989 .1,409,403,597
1959 .86,438,232 1973 .579,901.400 1967 ..1,524,031,848
1951 .87,850,902 1977 .725,080,978 1990 .1.541.430,181
1953 .88,664,520 1992.774,541,107 1976.1,680,902,855
1960 .92,164.324 1978 .808,825,152 1965 .1,822,077,540

Table 3. The mintage of proof Washington quarters by year.

Year Proofs Minted Year Proofs Minted

1936 3 837 1970. .2,632,810
1937. .5,542 1971.„. .3,220,733
1938. .8,045 1972. .3,260,996
1939. .8,795 1973. ..2,760,339
1940. .11,246 1974. ..2.612.568
1941. .15,287 1976 (clad). .7,059,099
1942. .21,123 1976 (silver). .4,000,000
1950. .51,386 1977..3,251.152
1951. .57,500 1978...3,127.781
1952. .81,980 1979..3,677,175
1953. .128,800 1980..3,554,806
1954. .233 300 1981__.4,063,083
1955. .378,200 1982..3,857,479
1956..669.384 1983..3379.126
1957..1,247,952 1984..3,065,110
1958..875,652 1985..3362.821
1959..1,149,291 1986..3,010,497
1960..1,691,602 1987.. .4,227,728
1961. 1988. .3362.948
1962..3,218,019 1989. .3320,194
1963. 1990. .3399.559
1964..3,950,762 1991.. .2,867,787
1968..3,041,506 1992. .N/A
1969..2,934,631

148 John Feigenbaum

 Appendix C

REFERENCES

Breen, Walter. Walter Breen’s Complete Encyclopedia of U.S. and

Colonial Coins. F.C.I. Press, Inc. & Doubleday. New York, 1988.

Doyle, Al. “Why Not Washington Quarters?,” Coins. August 1991, pp.46-
48.

“Endings and Beginnings... Final 1993 Mintages,” Coin World. February

7, 1994, p. 1.

Fivaz, Bill & Stanton, J.T. The Cherrypickers' Guide to Rare Die Varieties,
Second Edition. Published by the authors. Savannah, GA, 1991.

Ganz, David L. “Tribute to 200 Years of Freedom: The Story of How the
United States Got Its Bicentennial Coinage," The Numismatist.
March-June 1975, pp. 499-519, 761-776, 1010-1029, 1239-1249.

Hicks, Herbert P. “The Washington Quarter Reverse: A Die Variety

Bonanza,” The Numismatist. February 1986, pp. 244-261.

Pessalano-Filos, Francis. The Venus Numismatics Dictionary of Artists,

Engravers, and Die Sinkers. Eros Publishing Co.. New York, pp.36-37.

Spadone, F.G. Major Variety - Oddity Guide of United States Coins, 7th
Edition. Published by the author. 1977.

Taxay, Don. The U.S. Mint and Coinage. Arco Publishing Co., Inc, New
York, 1966.

United States Treasury Department. Annual Report of the Director of the

Mint for the Fiscal Year Ended June 30, 1932. U.S. Government
Printing Office, Washington D.C., 1932.

United States Department of the Treasury. Annual Report of the Director

of the Mint: Fiscal Year Ended June 30, 1976 and Transition Quarter.
U.S. Government Printing Office, Washington D.C., 1976.

Wexler, John A. & Miller, Tom. The RPM Book. Lonesome John
Publishing Co., Newbury Park, CA, 1983.

Yeoman, R.S. A Guide Book of United States Coins. Western Publishing

Co., Inc., Racine, WI, 1949, 1964, 1979, 1989, 1991, 1994.

Washington Quarters 149

 ABOUT THE AUTHOR

John Feigenbaum is a senior numis¬

matist at David Lawrence Rare Coins. A
graduate of Virginia Tech. John has
been a familiar face on the coin show
circuit since 1979 when he helped his
father set up at small shows in the
South Florida area. While this is his
first book, John has been instrumental in the publication of
11 other numismatic titles ranging from Briggs book on
Seated quarters to the Van Allen/Mallis Encyclopedia of
Morgan and Peace Dollars.

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ISBN #1-880731-20-7
LC #94-94142
Printed in the USA

"The Complete Guide to Washington Quarters”

contains... 160 pages & Over 225 photographs!

IDtfhlllSil lllfDrillilhiDll Dili

★ History of the series
★ Major Design Changes
★ The 1976 Bicentennial Quarter
★ George Washington Medals
★ Altered & Counterfeit Coinage
★ Gallery of Errors
★ Grading

... and a complete analysis by date & mintmark!

MMD

Virginia Beach, Virginia