1958-D Washington Quarter Value: Is Your Coin Worth Money?

The 1958-D Washington Quarter is worth anywhere from $6 in worn condition to over $1,200 in high-grade mint state. While most specimens found in pocket change carry a modest premium due to their silver content, specific rare varieties and flawless conditions can command impressive prices at auction.

Condition / Grade	Estimated Value
Good to Fine (Circulated)	$6.00 – $8.00
Extremely Fine (AU)	$9.00 – $12.00
Uncirculated (MS63+)	$15.00 – $45.00
Gem Mint State (MS67+)	$500.00+

Understanding the History of the 1958-D Washington Quarter

If you have stumbled upon a silver quarter dated 1958 with a small “D” on the back, you are holding a piece of American post-war history. By the late 1950s, the United States was experiencing a booming economy, and the demand for coinage was high. To keep up with the needs of commerce, the Denver Mint produced a staggering 80,088,160 quarters this year.

This was an era before the U.S. Mint switched to copper-nickel “sandwich” coins in 1965. Every quarter produced in 1958 was composed of 90% silver and 10% copper. This intrinsic metal value provides a “floor” for the coin’s price; even if the coin is incredibly worn, it will always be worth its weight in silver. If you are struggling to tell if your coin is a rare variety or just common silver, using the top coin identifier and value app can help you distinguish between a common find and a collector’s prize.

Because of the high mintage, many of these coins were saved in rolls by investors at the time. This means that while circulated versions are common, finding one in “Mint State” (looking like it just left the mint) is still possible. However, the 1958-D is known for having a generally soft strike compared to other years, making truly sharp, “Gem” examples quite rare and desirable to collectors using the CoinKnow app to track their portfolio.

The Silver Content and Melt Value Factor

For the average person who finds a 1958-D quarter in an old jar, the most significant part of its value is the silver. Each 1958-D Washington quarter contains 0.1808 troy ounces of pure silver. This means that as the price of silver fluctuates on the global market, so does the base value of your coin.

When silver is at $25 per ounce, a 1958-D quarter has a “melt value” of roughly $4.50. Most local coin shops will pay a small premium over this melt value for silver quarters in decent shape. It is a great way to start a “silver stack” without having to buy expensive bullion bars.

Silver Price per Ounce	Intrinsic Melt Value
$20.00	$3.62
$25.00	$4.52
$30.00	$5.42

For many Americans, these coins represent a “savings account” hidden in plain sight. Using CoinKnow, you can see real-time updates on how silver price changes affect your collection’s worth.

Grading and the 1958-D Washington Quarter Value

In the world of coin collecting, “condition is king.” A coin that has been rattled around in pockets for decades will be graded as “Good” or “Fine.” These usually sell for their silver value plus a tiny markup. However, if a coin was put away immediately after being minted, it may receive a “Mint State” (MS) grade.

The scale used by professionals goes from 1 to 70. A 1958-D in MS65 is considered a “Gem” and shows very few marks and great luster. Once you get to MS67 or higher, the price skyrockets because very few coins from the Denver Mint were preserved so perfectly. To get a better idea of what professional graders look for, check out this 1958-D quarter price chart by grade.

Special attention should be paid to the “Luster.” Denver quarters from this year often have a “creamy” or “satiny” look rather than a mirror-like flash. Collectors often pay more for “Eye Appeal”—a coin that has aged with beautiful rainbow toning or one that has a exceptionally sharp strike on Washington’s hair.

Identifying Mint Marks: Why the “D” Matters

The mint mark on a 1958 quarter is found on the reverse (back) of the coin. If you look below the eagle’s wreathed claws, you will see a small letter. A “D” indicates it was minted in Denver. If there is no letter at all, it was minted in Philadelphia.

In 1958, Philadelphia minted only about 6 million quarters, compared to Denver’s 80 million. Paradoxically, while the Philadelphia mintage is lower, the 1958-D is sometimes harder to find in the very highest grades with a sharp strike. This makes the 1958 Washington quarter value info particularly interesting for those looking to complete a “Date and Mint Mark” set.

Many hobbyists use CoinKnow to photograph their coins and identify these tiny mint marks. If your coin has a “D,” you know it came from the Mile High City, where the high production numbers ensured that silver was flowing through the veins of the American economy.

Rare 1958-D Quarter Errors to Look For

While most 1958-D quarters are standard, error coins can be worth hundreds or even thousands of dollars. Errors happen when something goes wrong during the striking process at the mint. These are the “lottery tickets” of the coin world.

One common error to look for is the “Repunched Mint Mark” (RPM). This happens when the “D” was punched into the die twice, creating a shadowed appearance. Another exciting find is the “Die Crack,” where a crack in the metal stamp leaves a raised line of silver on the coin’s surface.

Error Type	Potential Value
Repunched Mint Mark (RPM)	$20 – $100
Off-Center Strike (10%+)	$50 – $250
Broadstruck	$30 – $80

Since these errors are often microscopic, it helps to use a magnifying glass or a high-resolution coin scanner. Collectors are always on the hunt for these “oddities” because they are unique pieces that shouldn’t have left the mint.

How to Sell Your 1958-D Washington Quarter

If you’ve determined that your 1958-D quarter is valuable, your next step is selling it. For common, circulated silver quarters, a local coin shop or a “We Buy Gold and Silver” store is the fastest way to get cash. They will usually pay you based on the silver spot price.

However, if you have a coin that looks brand new or has a rare error, you should avoid the local pawn shop. Instead, look into specialized coin auctions or online marketplaces like eBay. For extremely high-value coins (those potentially worth over $500), having them “certified” by a grading service like PCGS or NGC is essential. A certified grade guarantees the coin’s authenticity and condition to the buyer.

Before selling, always check recent “Sold” listings rather than “Asking” prices. This gives you a realistic expectation of what a buyer is willing to pay. Markets change quickly, and staying informed is the best way to ensure you don’t leave money on the table.

FAQ

Q: How can I tell if my 1958-D quarter is silver?

A: All Washington quarters from 1958 are 90% silver. You can verify this by looking at the edge of the coin. If you see a solid silver color with no brown/copper stripe, it is silver. Additionally, silver quarters have a distinct high-pitched “ring” when tapped, unlike the dull “thud” of modern quarters.

Q: Is the 1958-D quarter rare?

A: In circulated condition, it is not rare, as over 80 million were made. However, it is considered “scarce” in high Mint State grades (MS67 and above) because most were used in daily commerce and became worn or scratched.

Q: Where is the mint mark on a 1958-D quarter?

A: The mint mark is located on the reverse side (the side with the eagle). Look at the bottom, just above the “R” in the word “QUARTER.” If you see a small “D,” it was made in Denver.

Q: Should I clean my 1958-D quarter to make it worth more?

A: No! Never clean your coins. Collectors prefer the natural patina and aging of a coin. Cleaning creates microscopic scratches that can ruin the coin’s value, often reducing it to just its basic silver melt price.