1946 Washington Quarter
- Denomination
- 25¢
- Mint
- P (Philadelphia)
- Composition
- 90% silver
- Mintage
- 53,436,000
Collector value is shown by grade, but intrinsic metal value can dominate lower-grade outcomes.
| Grade | Quality | Est. Value |
|---|---|---|
| Good-4 | Good | $15 |
| Very Good-8 | Very Good | $15 |
| Fine-12 | Fine | $15 |
| Very Fine-20 | Very Fine | $15 |
| Extremely Fine-40 | Extremely Fine | $15 |
| About Uncirculated-50 | About Uncirculated | $15 |
| MS-60 | Mint State | $15 |
| MS-63 | Choice Uncirculated | $17 |
| MS-65 | Gem Uncirculated | $50 |
Estimates from published guides and recent sold data. Grade is everything. Verify before you buy.
Melt floor: Includes intrinsic metal value (0.1808 oz silver). Marked grades are worth more melted than as collector coins.
What is the 1946 Washington Quarter worth?
Current guide estimates on this page range from $15.00 to $50.00 depending on grade.
Why does grade matter for the 1946 Washington Quarter?
Coin value can change sharply by condition. Use the grade ladder and price-by-grade table before relying on any single headline estimate.
Does melt value affect the 1946 Washington Quarter?
This page shows a melt floor of $5.70 based on listed metal weight and the current guide spot value used by CoinSpinner.
- Minted
- 1946
- Denomination
- 25¢
- Composition
- 90% silver
- Mintage
- 53,436,000
Washington Quarter series: Originally a one-year commemorative for Washington's 200th birthday - Congress kept it permanently. Silver through 1964, clad 1965–present. The classic "no mintmark = Philadelphia" rule was broken in 1980 when the P mintmark was added to circulating quarters for the first time. Designed by John Flanagan. Struck 1932–present.
The Silver Coinage Act (1964–1965): The Coinage Act of 1965 stripped silver from the dime and quarter entirely and reduced the half dollar to 40% silver. Skyrocketing silver prices and the strain on US silver reserves forced the change. 1964 was the last full-silver year for circulating US coinage - collectors mark the year as the modern silver cutoff.
Use the grade ladder, pricing confidence, and melt floor together before making a buying decision.
Read methodology →Better price data, a variety we missed, or a mintage correction? Collectors make this guide accurate.
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