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Silver

Washington Quarter Melt Value (1932 to 1964)

Silver Washington quarters carry 0.1808 troy ounces of pure silver each and are the most traded junk silver coin. The melt value below is computed live from the spot price.

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Data Methodology

Where does this price data come from?
Silver spot prices are sourced from Metals.Dev, a professional metals data provider, with automatic fallback to gold-api.com for redundancy. Prices are updated in real-time during market hours, ensuring you always see the latest data. All prices reflect the latest available mid-market spot rate.
How is the silver spot price determined?
The silver spot price is derived from the most actively traded futures contracts on COMEX (CME Group) and the London Bullion Market Association (LBMA). The spot price represents the current market price for immediate delivery, calculated from near-month futures contracts adjusted for carry costs. During off-hours, prices reflect OTC (over-the-counter) trading across global markets, providing continuous 24-hour price discovery.
When are precious metals markets open?
COMEX futures trade Sunday through Friday, 6:00 PM to 5:00 PM ET (23 hours per day with a 1-hour break). The London Bullion Market (LBMA) operates Monday to Friday with two daily fixings: AM fix at 10:30 AM London time and PM fix at 3:00 PM London time. Outside of formal exchange hours, precious metals continue to trade on OTC markets globally, meaning prices can move 24 hours a day, 5 days a week. Our data reflects these continuous market movements.

How Much Is a Silver Quarter Worth in Melt Value?

As of July 18, 2026, with silver at $56.01 per troy ounce, a silver Washington quarter has a melt value of $10.13. Any quarter dated 1932 through 1964 contains 0.1808 troy ounces of pure silver; quarters dated 1965 or later are clad and contain none.

The specification behind that number: 6.25 grams gross weight at 90 percent silver equals 5.625 grams, or 0.1808 troy ounces, of pure metal per coin. Four quarters make $1 of face value containing 0.7234 ounces, which is the arithmetic that underlies all face-value junk silver pricing. The quarter sits in the sweet spot of the junk silver market: big enough that a single coin is a meaningful amount of silver, small enough to stay divisible. Compare every denomination on the silver coin melt values table, or price rolls and bags with the junk silver calculator.

When Did Quarters Stop Being Silver?

The Washington quarter launched in 1932, designed by sculptor John Flanagan for the bicentennial of George Washington's birth, and was struck in 90 percent silver for its first 33 years. The end came with the Coinage Act of 1965. Silver prices had risen to the point where the metal in circulating coins approached and threatened to exceed face value, the public was hoarding coins, and a national coin shortage followed. Congress responded by removing silver from the dime and quarter entirely, switching both to the copper-nickel clad composition still used today. That is why 1964 is the magic date on every coin jar sort: a quarter dated 1964 or earlier is 90 percent silver, and a quarter dated 1965 or later is worth exactly 25 cents unless it is a special collector issue. The changeover also explains the quarter's dominance in junk silver trading: decades of heavy mintages left an enormous, standardized supply of silver quarters that dealers can buy and sell by weight without examining individual coins.

Silver Quarter Melt Value at Different Silver Prices

Each row multiplies one silver quarter's 0.1808 ounces by a round spot price. A quick shortcut: a silver quarter is worth about 18 percent of an ounce of silver.

Silver spot priceWashington Quarter (Silver) melt value
$30.00 per oz$5.42
$40.00 per oz$7.23
$50.00 per oz$9.04
$60.00 per oz (closest to current spot)$10.85
$70.00 per oz$12.66
$80.00 per oz$14.46
$90.00 per oz$16.27

Silver Washington Quarter Specifications

These figures apply to 1932 to 1964 silver issues. Clad quarters from 1965 onward weigh 5.67 grams and show a copper stripe on the edge.

SpecificationWashington Quarter (Silver)
Years minted1932 to 1964
Composition90% silver, 10% copper
Gross weight6.25 grams
Actual silver weight (ASW)0.1808 troy oz
Face value25c
Diameter24.3 mm
DesignerJohn Flanagan

Which Washington Quarters Are Worth More Than Melt?

The two first-year branch mint issues tower over the rest of the series: the 1932-D (436,800 minted) and 1932-S (408,000 minted) are the keys, valuable in every grade and always worth pulling from a bulk lot. Beyond those, a few 1930s dates carry moderate premiums in better condition, and uncirculated examples of any pre-1950 date interest collectors. Everything else, which is the vast majority of surviving silver quarters, trades as junk silver at melt plus a small premium. Washington quarters are typically the most liquid junk silver denomination: standard $10 face rolls (40 coins, about 7.23 ounces of silver as minted) and $100 or $1,000 face bags are stock items at every bullion dealer. Check dates once for 1932-D and 1932-S, then price the rest off the live melt figure above; typical premium ranges are tracked on our coin premium page.

Published by MetalCharts, a free precious metals resource providing real-time prices, interactive charts, educational guides, and portfolio management tools. All market data sourced from COMEX, LBMA, and LME.

Frequently Asked Questions

Which quarters are silver?
US quarters dated 1964 or earlier are 90 percent silver, including every Washington quarter from 1932 to 1964 and the earlier Standing Liberty and Barber designs; the 90 percent standard dates to the Coinage Act of 1837. Circulation quarters from 1965 onward are copper-nickel clad; the only modern silver quarters are proof versions sold in collector sets. The fastest check is the edge: silver quarters show solid silver, clad quarters show a copper stripe.
What are silver quarters worth today?
Each pre-1965 silver quarter contains 0.1808 troy ounces of silver, so at the current spot price of $56.01 per ounce, silver quarters are worth about $10.13 apiece in melt value. Common circulated dates trade at that melt value plus a small dealer premium; only the 1932-D, 1932-S, and high-grade early dates bring meaningful collector premiums on top.
How much is a 1964 silver quarter worth?
A 1964 Washington quarter contains 0.1808 troy ounces of silver, worth about $10.13 at the current $56.01 spot price. 1964 was the highest-mintage silver year, so these coins trade at melt-based junk silver prices rather than collector prices.
What is a roll of silver quarters worth?
A roll of 40 silver quarters ($10 face value) contains about 7.234 troy ounces of silver as minted, worth roughly $405.18 at the current spot price. Dealers price circulated rolls slightly lower using the 0.715 ounces per dollar convention to account for wear.
Which silver quarters should I never sell at melt?
The 1932-D and 1932-S, with mintages of 436,800 and 408,000 respectively, are worth far more than their silver in any condition. Uncirculated pre-1950 dates also deserve a collector-market check. Everything else in circulated condition is safely sold at melt-based junk silver pricing.