A 1935-S Washington quarter graded MS-68 sold for $21,000 at Stack's Bowers in August 2024 โ yet most circulated examples are worth just their silver melt value of around $8โ$16. The 1935-D is the sleeper semi-key: fewer than 15 examples have been certified MS-67 or higher across both major grading services, making top-grade Denver quarters genuinely scarce. Use the free calculator below to find out exactly what yours is worth.
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Open the Value Calculator โThe 1935-D is the series' semi-key date โ scarce in high grades despite modest mintage. Use this checklist to determine whether your Denver quarter shows the diagnostic features that matter to collectors and graders.
The table below summarizes current market values across all three mint varieties and key grade tiers, based on recent auction results and dealer price guides. For a full step-by-step illustrated 1935 quarter identification walkthrough, see the detailed 1935 quarter coin value breakdown and reference guide.
| Variety | Worn (GโF) | Circulated (VFโAU) | Uncirculated (MS-63) | Gem (MS-65+) | Top Grade / Record |
|---|---|---|---|---|---|
| 1935-P (No Mark) | $8โ$12 | $12โ$30 | $50โ$65 | $90โ$125 | MS-68: $7,200 (Stack's Bowers 2021) |
| โญ 1935-D (Denver) | $10โ$20 | $90โ$170 | $250โ$310 | $350โ$750 | MS-67+: $6,669+ / Record MS-67: $9,775 (Heritage 2003) |
| ๐ฅ 1935-S (San Francisco) | $8โ$15 | $27โ$75 | $110โ$135 | $180โ$350+ | MS-68: $21,000 (Stack's Bowers 2024) |
| DDO FS-101 (P) | ~$10โ$15 | ~$20โ$40 | ~$50โ$90 | Premium varies | Modest specialist premium; PCGS #393597 |
| Off-Center Strike (30%+) | $30โ$50 | $50โ$100 | $100โ$175 | Premium by severity | 65% off-center MS-64: ~$175 |
โญ = 1935-D semi-key, scarce in MS-67+; ๐ฅ = All-time high record holder. Values are ranges based on recent auction data; individual coins vary by strike quality, eye appeal, and color designation.
๐ฑ CoinKnow lets you snap a photo of your 1935 quarter and get an instant grade estimate and value range on the go โ a coin identifier and value app.
While the 1935 Washington quarter doesn't have a single dramatic, widely-known error like some Lincoln cents, it has a documented set of die varieties, repunched mint marks, and planchet/strike errors that can add meaningful premiums โ especially on certified, high-grade examples. The five varieties below are listed in order of collector demand and premium potential.
The 1935-D RPM-001, designated "D/D West" by CONECA and Variety Vista, occurred during the hand-punching era when mint mark dies were individually entered by a hubbing punch. On this variety, the mint mark was struck into the working die twice โ the first attempt was slightly too far to the left (west), and the corrected second punch sits in the proper position, leaving a ghost impression of the first punch partially visible to the left of the primary D.
To identify this variety, flip to the reverse and examine the D mint mark under a 10ร loupe under raking light. A distinct secondary curve โ the partial remnant of the first D punch โ appears to the left of the final mint mark's center spine. The secondary impression is most visible at the top and bottom curves of the D, where the overlap with the die field creates a subtle doubled arc distinct from die polishing marks.
Collector premiums for the RPM-001 are modest but real. Certified examples command $30โ$75 in circulated grades and $100โ$300+ in Mint State, depending on how prominently the repunching shows and the coin's overall preservation. CONECA attribution adds credibility and assists resale, particularly through specialist dealers and variety-focused auction consignments.
The 1935 Doubled Die Obverse FS-101 is the most recognized and cataloged die variety for the Philadelphia issue this year. It occurs when the working hub impressed the design onto the working die in two slightly misaligned positions during the hubbing process at the Philadelphia Mint. The result is a permanent doubling of design elements embedded into the die itself โ meaning every coin struck from that die carries the same doubling.
The primary diagnostic is doubling on the obverse motto "IN GOD WE TRUST," where letters show a secondary rounded impression slightly offset from the primary. Under a 10ร loupe, the G, O, and D in GOD show the clearest separation. Minor doubling may also be detected on "LIBERTY" and the date digits "1935" with careful examination. The doubling is of the "rotated hub" class and is classified as Class V in the CONECA rotation system (CW rotation).
Despite being cataloged by both PCGS (#393597) and NGC (#815035), the FS-101 commands modest premiums in most market conditions. A PCGS MS-64 example sold for approximately $25 in 2019 โ below standard price guide value for the grade โ suggesting demand is specialist-driven. High-grade certified examples in MS-66 or better, where variety attribution adds genuine rarity, have the most upside. This variety is a rewarding find for date-and-mintmark set builders focused on die varieties.
The 1935-S Repunched Mint Mark (RPM) occurred at the San Francisco Mint when the S punch was applied to the die twice in slightly different positions. Like the 1935-D RPM-001, this happened during the hand-punching era before mint marks were added at the hub stage โ each working die had its mint mark individually punched by a mint employee, creating the possibility of misalignment and re-entry.
On the 1935-S RPM, the secondary impression appears as a slight doubling or shadowing around the primary S mint mark on the reverse below the eagle. Use a 10ร loupe and look for a secondary curved element โ either above, below, or slightly offset from the primary S. The San Francisco S from this period is a larger, more blocky punch than later issues, which makes the secondary impression relatively easier to detect when present.
Value premiums for the 1935-S RPM are modest, typically adding $10โ$25 in circulated grades and $50โ$150 in uncirculated condition, depending on the prominence of the repunching. Given that the 1935-S is already the scarcest of the three standard varieties, an RPM-attributed example in solid circulated or better condition represents a double collectible โ both the key-date variety and an attributed die error โ which appeals to comprehensive Washington quarter variety collectors.
An off-center strike occurs when a planchet is not properly seated in the collar die before the obverse and reverse dies close and strike the coin. The misaligned blank allows the dies to impress the design onto only a portion of the coin, leaving a crescent of unstruck blank metal on the opposite side. Off-center strikes are among the most visually dramatic mint errors โ and the most immediately recognizable to non-specialists โ which helps drive market demand even outside traditional numismatic circles.
For 1935 Washington quarters, the premium rises sharply with the percentage of off-center displacement. A 5โ15% shift is subtle and adds only a minor premium, while 30%+ off-center strikes show a substantial blank crescent and command meaningful price increases. The critical condition for maximizing value is that the full date "1935" and, ideally, the mint mark remain visible within the struck area. Off-center strikes where the date is cut off sell for significantly less regardless of the displacement percentage.
Documented examples include a 30% off-center example graded PCGS MS-63 that sold for approximately $135, and a 65% off-center example graded PCGS MS-64 that brought approximately $175. Multi-error coins combining off-center striking with broadstruck characteristics or double strikes can exceed $400 in high grades. These coins are certified individually and attributed by error type and percentage at PCGS, NGC, and ANACS.
A broadstruck error occurs when a planchet is struck outside its retaining collar โ the ring die that surrounds the coin during striking and constrains the metal flow to create the coin's standard diameter and raised rim. Without the collar's constraint, the metal spreads outward under die pressure, producing a coin that is measurably wider than its specification of 24.3mm. The missing collar also explains the characteristic flat or absent rim on broadstruck coins.
On a broadstruck 1935 quarter, the overall design remains intact and centered (unlike off-center strikes), but the devices and lettering appear slightly stretched or flattened, and the reeded edge is typically absent or poorly formed. The coin will be noticeably wider and thinner than a properly struck example. This is easily confirmed by comparing diameter with a standard quarter using a digital caliper โ a broadstruck coin will typically exceed 25โ27mm in diameter depending on severity.
Value for broadstruck 1935 quarters ranges from roughly $50 for minor examples in circulated grades up to $145 for dramatic MS-60 level broadstrikes. Multi-error examples that combine a broadstruck condition with additional errors (double-struck obverse, off-center displacement) are the most valuable of all 1935 quarter errors, with complex multi-error coins potentially reaching $400 or more when certified by a major grading service. Certification is strongly recommended for all broadstruck examples to confirm authenticity and document the error severity.
Found one of these errors on your coin? Run it through the calculator to get an estimated value range.
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| Mint | Mint Mark | Mintage | Relative Scarcity | MS-65 Survival (est.) |
|---|---|---|---|---|
| Philadelphia | None | 32,484,000 | Common | Thousands certified; condition rarity at MS-68 |
| Denver | D | 5,780,000 | Semi-Key | Scarce in MS-67+; PCGS pop ~12 in MS-67, few finer |
| San Francisco | S | 5,660,000 | Key Date | 82 certified MS-67+ (NGC census April 2024); only 2 in MS-68 |
| Total (All Mints) | โ | 43,924,000 | โ | โ |
Washington's cheek is flat with minimal facial detail. Hair above the ear shows only outline, no individual strands. Eagle's breast feathers merge into a smooth plateau. Lettering remains readable but flat. Silver content still provides ~$8โ$9 floor value regardless of grade.
In Very Fine, half or more of Washington's hair details are visible. Eagle breast feathers are partially separated. In About Uncirculated, only the very highest points (cheek tip, hair peak) show light friction; original luster may survive in protected areas such as the lettering recesses and lower relief zones.
No wear anywhere on the coin. Full original mint luster present. MS-60 may show numerous contact marks; MS-63 shows scattered marks visible to the naked eye. The broad open obverse field (Washington's cheek area) is particularly unforgiving โ any marks here drop the grade. Look for the "cartwheel" luster effect when tilting.
Strong, full luster with sharp strike. Only minor contact marks under magnification โ none on Washington's cheek or the open obverse field. MS-67 examples are genuinely rare, especially for Denver. MS-68 coins are condition rarities commanding four-to-five figure premiums. Strike sharpness and luster quality can earn a "+" designation.
๐ CoinKnow helps you compare your coin's surfaces to graded reference examples so you can match your 1935 quarter's condition before submitting โ a coin identifier and value app.
The right venue depends on how rare and how well-preserved your coin is. Here's how to match your 1935 Washington quarter to the best sales channel.
Best for MS-65+ examples and notable error coins. Heritage has sold multiple key 1935-D examples including the $9,775 MS-67 auction record in November 2003. Minimum value thresholds apply, and consignment fees typically run 10โ20%. The buyer base of serious registry-set collectors drives strong premiums for top-grade coins. Allow 2โ3 months from submission to payment.
Ideal for circulated and mid-grade uncirculated coins that don't justify major auction house fees. Completed sales data lets you see exactly what buyers have recently paid for comparable 1935 Washington quarters โ check recently sold 1935 Washington quarter prices and eBay market results for current comps. PCGS or NGC certified examples tend to sell 20โ40% above equivalent raw (uncertified) coins.
Convenient for quick sales, but expect dealer offers of 40โ60% of retail value for common circulated examples. Dealers need margin to resell. Best for worn 1935-P quarters where the silver melt value ($8โ$9) sets the floor. Bring a few competing shops' offers before committing โ prices vary significantly between dealers, especially for nicer circulated and lower uncirculated specimens.
The r/coins and r/CRH (coin roll hunting) communities are active and knowledgeable. Good for getting free second opinions before selling. The BST (buy/sell/trade) thread in r/Coins can connect you with collectors paying close to retail. Stack's Bowers and GreatCollections are also worth considering for mid-range uncirculated pieces where auction competition among bidders can push realized prices above fixed-price dealer offers.
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