The 1956 Washington Quarter is a popular coin among collectors for its silver content and collectible values. Washington quarters minted before 1965, including the 1956 issue, contain 90% silver, making them valuable not only to numismatists but also to silver investors. Let’s break down the coin’s value based on its condition and other vital factors.
The coin is composed of 90% silver and 10% copper, a standard composition for many U.S. coins of the era. This high silver content gives the coin its intrinsic value of $12.25 based on today’s spot price.
The coin contains 0.1808 troy ounces of pure silver, making it a tangible asset for those interested in precious metals. Its precise silver weight also allows for easy valuation based on current silver market prices.
Coins struck at the Philadelphia Mint do not feature a mint mark, maintaining the traditional style of the period. Coins struck at the Denver Mint, however, bear a “D” mint mark, signifying their place of production. This distinction between mints can impact the coin’s value, particularly for collectors seeking specific mint locations or lower-mintage variations.
1956 Washington Quarter Values
The value of a 1956 Washington quarter depends on its condition and whether it was minted in Philadelphia or Denver. Below is a breakdown of values by condition:
| Condition | 1956 (No Mint Mark) | 1956-D (Denver Mint) |
|---|---|---|
| Circulated Condition | Typically worth $12.25 (melt value) | Similar values of around $6 to $10 for circulated coins. |
| Uncirculated (Mint State) | MS60 to MS63: $15 to $30 MS65 or higher: $50 to $70 or more. | MS60 to MS63: $15 to $40 MS65 or higher: $50 to $100 or more. |
| Proof Coins | Proof Washington Quarters can range from $20 to $60, with higher grades fetching premiums. | Not applicable (Proof coins were not minted at Denver). |
Circulated. the 1956 Washington Quarter is worth melt value, uncirculated coins, proof coins, and those in high grades are typically worth higher values to collectors. Checking your 1956 quarters for mint marks, condition, and overall quality can help you determine their worth in the current market.
