Last Updated on August 24, 2022
The 1993 quarter is known as the popular Washington quarter. The quarter may not have a high numismatic value due to many factors, but it holds a special place in the US mintage. It is one of the favorite coins for collectors to have in their collection.
Every collector at least has one of these quarters in their collection. It is a vital coin that will profit you after a good time.
There is a lot more to know about it. Keep reading; here is a complete guide to help you with it.
How Much Is A 1993 Quarter Worth?
The 1993 quarter was minted in four different variations. The two with D and P mintmarks were the standard ones minted to be circulated in the economy. The S mintmark quarter and S silver proof are minted for archival purposes by the official mint.
The P and D mintmark quarters are worth around their face value in every condition. However, they are worth around $8 in uncirculated condition with MS65 grade. On the other hand, the standard S proof coin is worth $5, but the silver-proof coin is valued at around $10.
Coin Type | Good Condition | Extremely fine | MS63 Graded | MS65 Graded | Proof Coins |
1993 P Quarter | $0.25 | $0.25 | $0.25 | $8 | N/A |
1993 D Quarter | $0.25 | $0.25 | $0.25 | $8 | N/A |
1993 S Proof Quarter | $0.25 | $0.25 | $0.25 | $0.25 | $5 |
1993 Silver S Proof Quarter | $0.25 | $0.25 | $0.25 | $0.25 | $10 |
Why Is Silver Proof Quarter Expensive Than Standard Proof of 1993 Quarter?
The proof coin is already a special coin due to its purpose. The proof coins are minted to check the dye and machinery before starting the minting process. After they are produced, they are archived by the mint.
Before 1993 proof coins were produced in the standard composition. But later were produced in silver composition as well.
The silver proof quarters are expensive because they hold a very special place. They are found in the best condition you can find any coin in. Yes, its metal composition also plays a very vital role.
In addition, the silver proof quarters were minted in very few numbers. So finding them may be a bit difficult compared to other coins. Therefore, they hold a higher value.
How Many Were 1993 Quarters Ever Produced?
The 1993 quarters were produced in millions of coins. Every mint had a different number of quantities to produce. Therefore, it would be better to understand if you see them divided by the mints they were made in.
Here is how many quarters were ever produced.
- Philadelphia: 639,276,000
- Denver: 645,476,128
- San Francisco Proof: 2,633,439
- San Francisco Silver Proof: 761,353
There were a total of 1,288,146,920 coins in the 1993 quarter were produced. Therefore, there is not much value in these quarters as they are one of the recent quarters in the old coin list. With time as they get older and rare to find, you will see a boost in the value of these quarters.
What Is The Metal Composition of 1993 Quarters?
The metal composition of the 1993 quarter is clad. The 1993 quarter with P, D, and S proof mintmark comprised 91.67% copper and 8.33% nickel.
However, the 1993 quarter Silver proof comprises 90% silver and just 10% copper. Therefore, it is a special coin. Quarter and other denomination coins popularly contained a good amount of silver during the 1940s.
But after a few years, the government found it not feasible to still use silver in their coins due to the increasing prices of silver. Therefore, the composition was changed.
But still, the silver-proof coins were made. This is why these 1993 silver proof quarters hold a special value.
What Are The Specifications of the 1993 Quarter?
The specifications of a coin include all the information about its diameter, weight, and edges. This will help you match the official information to the one you are considering buying. Unfortunately, many fake ones are circulating, so checking the coin before making the deal is always recommended.
The diameter of the 1993 quarter is 24.3 mm and is 5.67 grams in weight. However, the diameter of the silver proof is the same as the standard quarters. Therefore, there is only a difference in weight due to a silver composition.
The 1993 silver proof quarter weighs around 6.25 grams. The difference isn’t much, but the tiniest difference can also be very important when you want to purchase it. It is important to check everything before purchasing.