1935 Quarter Value Checker: Errors List, “D”, “S” & No Mint Mark Worth

1935 quarter value ranges from $0.25 face value to $21,000. That record was a Grade 68 example sold through Stack’s Bowers in August 2024. Upload a photo of yours below and you’ll get a quick value range in no time. You can also scroll down to check recent eBay sales and see what people are actually paying for them right now.

 

1935 Quarter Value By Variety

Here’s what your 1935 quarter is actually worth today.

A regular 1935 quarter in MS condition runs about $542. That same grade in a 1935-D? $654. The mint mark on the back of your coin can literally double its value.

If you know the grade of your coin, you can find the exact price below in the Value Guides section.

Also Read: Top 100 Most Valuable Modern Quarter Worth Money (1932 – Present)

 

Top 10 Most Valuable 1935 Quarter Worth Money

The crown jewel is a 1935-S MS68 that hammered for $21,000 at Stack’s Bowers in August 2024. Only 2 coins have ever cracked the MS68 barrier for that date according to PCGS population data. The Philadelphia 1935 MS68 brought $7,200 at Stack’s Bowers in March 2021, and a 1935-D MS67 commanded $9,775 at Heritage Auctions in 2003. Even mid-grade pieces like the 1935-S MS67 and 1935-D MS66 pull strong money at major houses.

What’s unusual about 1935 quarters is that all three mint marks produced genuinely high-value coins. That $21,000 sale confirmed what savvy collectors already suspected—this date punches way above its weight at the top of the grading scale.

 

History of the 1935 Quarter

The 1935 Washington quarter has a design backstory most collectors don’t know—and it involves a real fight at the U.S. Treasury.

Congress decided in 1924 to mark the 200th anniversary of Washington’s birth with a commemorative half dollar. The Great Depression changed that plan. The Standing Liberty quarter was chewing through dies too fast, so Representative Randolph Perkins (R-NJ7) pushed legislation to put the commemorative design on the quarter instead.

A design competition followed. Sculptor Laura Gardin Fraser—the first woman to design a U.S. coin—submitted a Washington portrait based on Jean-Antoine Houdon’s famous 1785 marble bust. The Commission of Fine Arts picked her design. Then Treasury Secretary Andrew Mellon overruled them and held a second competition. Fraser won again. Mellon set her aside again, choosing John Flanagan’s left-facing portrait instead. According to numismatic historian Q. David Bowers in his 2006 book A Guide Book of Washington and State Quarters, the controversy was well documented at the time.

Flanagan’s design has been on the quarter in some form since 1932. Fraser’s portrait finally got its due—first on a 1999 $5 gold commemorative, then as the obverse for the 2022–2025 American Women Quarters Program. Both Flanagan’s and Fraser’s portraits trace back to Houdon’s 1785 bust, which you can still see at Mount Vernon, Virginia.

Also Read: Top 30 Most Valuable State Quarter Worth Money (1999 – 2008)

 

What Makes the 1935 Quarter Unique: The Medium Motto

Here’s a detail even experienced collectors miss: every single 1935 Washington quarter from all three mints was struck with the “Medium Motto” hub. No exceptions.

Some backstory helps. When Flanagan designed the quarter in 1932, he engraved “IN GOD WE TRUST” too softly on his master model. As numismatist David W. Lange noted in the Numismatist (September 2003), the Mint worried that faint lettering would wear off the dies too quickly.

The Mint tried three different obverse hubs. The 1932 coins got the “Light Motto”—mushy and indistinct. In 1934, they tested all three: Light, Medium (sharper but slim letters), and Heavy (very bold, with the center peak of the “W” in WE visibly above the left and right strokes). From 1936 on, only the Heavy Motto was used.

That leaves 1935 as the only year in the entire series to use the Medium Motto exclusively at all three mints. It’s a one-year-only transitional type. The 1935-S coins specifically used the second transitional hub, which Mint records described as producing “much sharper” lettering than Philadelphia and Denver strikes.

How do you spot it? Look at the “W” in “WE” under magnification. The center peak ends level with the left and right strokes—not above them like the Heavy Motto. No premium currently attaches to the Medium Motto on 1935 quarters since every example has it, but it’s a great piece of the coin’s story.

 

Is Your 1935 Quarter Rare?

You can quickly check the exact rarity score of any coin in your collection using our Coin Identifier and Value App, which provides real-time rarity rankings and market data.

 

Key Features of the 1935 Quarter

We’ve already touched on some numismatic descriptors like the obverse of a coin. The back or tails side is the reverse while the thin side is the edge, and it has a raised border called a rim or collar. The edge might also have ridges called reeds. The words on a coin—as we said earlier—are mottos or legends. The images are devices and the coin background is the field.

The Obverse of the 1935 Quarter

George Washington faces left. His portrait comes from Jean-Antoine Houdon’s 1785 marble bust, though Flanagan’s version differs subtly in head shape and certain hair curls. The motto In God We Trust (in the Medium Motto style unique to 1935) sits to the left of his head. Liberty arcs along the top rim. The date runs along the bottom. Look at the neckline cut-off and you’ll see JF—John Flanagan’s initials. Flanagan was also a member of the American Numismatic Society.

The Reverse of the 1935 Quarter

Flip it over and you’ll see a heraldic eagle with wings spread, facing left, clutching arrows in its talons. E Pluribus Unum appears above the eagle’s head. An olive branch wreath frames the design, with the mint mark sitting below the central point of the wreath. United States of America runs along the top and Quarter Dollar along the bottom. One thing to know: the original 1932 reverse hub had a higher rim that protected the design from wear. That hub was replaced starting in 1934, so 1935 quarters tend to show more reverse wear than obverse wear on circulated pieces.

Other Features of the 1935 Quarter

The 1935 Quarter was 90% Silver and 10% Copper, giving it a silver weight of 0.18084 troy ounces. It weighed 6.25g, was 24.3mm in diameter, 1.75mm thick, and had 119 reeds on its edge. The reeds were a counterfeiting measure since you could tell if someone had scraped any silver off the edge.

Also Read: Top 20 Most Valuable 1776-1976 Bicentennial Quarter

 

1935 Quarter Mintage & Survival Data

Total 1935 production across all three mints hit 46,924,000 coins—a big jump over the 35,439,252 struck in 1934 as Depression-era confidence improved. Philadelphia dominated with 35,484,000 quarters, roughly 75% of the year’s output. Denver made 5,780,000 and San Francisco the fewest at 5,660,000.

Survival rates run about 10% across all three mints. That’s pretty uniform, meaning high-grade scarcity comes down to how many were tucked away uncirculated—not how many got melted or lost. To put it another way, for every ten 1935-D quarters struck, only one still exists in any condition.

No Proof quarters were minted in 1935. The Mint didn’t strike Proof Washington quarters from 1932 through 1935 at all. So there are zero cameo or deep cameo specimens from this year. Every 1935 quarter you’ll ever find is a business strike. Denver and San Francisco coins are genuinely scarcer in high Mint State grades, making them the real prizes for registry set builders.

Also Read: Top 100 Most Valuable Washington Quarter Worth Money (1932 – 1998)

 

The Easy Way to Know Your 1935 Quarter Value

Want to quickly determine your 1935 quarter’s true value? Download our Coin Identifier and Value App for instant, professional grade assessment. Simply snap a photo, and our AI-powered technology will accurately identify your coin’s condition and provide real-time market valuations. No expertise needed—get reliable grading results in seconds.

Whether you’re a collector or investor, CoinValueChecker makes coin evaluation effortless and accurate. Start your coin appraisal journey today!

 

1935 Quarter Value Guides

Three varieties of 1935 Washington quarters were minted:

• 1935 (No Mint Mark) – Philadelphia mint production, most common variety, Medium Motto hub
• 1935-D – Denver mint production, indicated by “D” mint mark on reverse, scarcest in high grades
• 1935-S – San Francisco mint production, indicated by “S” mint mark on reverse, uses a slightly sharper second transitional hub

Your coin’s value hinges on that tiny mint mark. Philadelphia coins have none. Denver shows a “D” and San Francisco an “S,” both below the eagle on the reverse. Despite nearly identical mintages, the 1935-D is generally worth more in high grades because far fewer survived in Mint State. Always check that spot—it could mean hundreds or thousands of dollars difference.

 

1935 No Mint Mark Quarter Value

Most common doesn’t mean worthless. Philadelphia struck 35,484,000 of these, so you’ll find them in junk silver bins all day long. But high-grade examples with original luster or attractive toning still pull serious money.

Circulated pieces in Fine-12 trade around $12–$15. MS-63 coins fetch $175–$225. Push into MS-65 territory and you’re looking at $850–$1,200 for sharp strikes with clean surfaces. The auction record? A stunning $7,200 for an MS68 coin at Stack’s Bowers in March 2021. A Heritage Auctions sale in 2019 brought $12,925 for an MS67 example. That’s the kind of jump that happens when you’re talking about top-pop coins.

Recent auction results reveal what collectors are actually willing to pay for 1935 Philadelphia quarters across different grades.

Current market activity data shows the real-time buying interest and trading volume for this variety.

 

1935-D Quarter Value

Here’s something that trips people up: the 1935-D actually had a slightly higher mintage (5,780,000) than the 1935-S (5,660,000). Yet it’s the scarcer coin in high grades. Only 147 coins have ever been certified at MS67 or higher by NGC. That’s a tiny number.

In Good-4, Denver quarters start at $8–$10. MS-63 examples run $250–$350. At MS-65, you’re paying $1,400–$2,200. The big number? A 1935-D MS67+ CAC sold at Stack’s Bowers in 2022 for $21,600—the current series high for this mint. An earlier MS67 brought $9,775 at Heritage Auctions in 2003, a benchmark that held for nearly two decades. If you’ve got a raw 1935-D that looks gem or better, I’d say get it slabbed before doing anything else.

Recent auction results show exactly what premium collectors are paying for 1935-D quarters in various conditions.

Current market activity reveals the buying momentum and collector interest driving 1935-D quarter prices today.

 

1935-S Quarter Value

Did you know the 1935-S ranks 14th among all Washington quarters for rarity in top grades? San Francisco struck just 5,660,000 quarters that year—the lowest mintage of the three mints—using a second transitional hub that produced noticeably sharper motto lettering.

The PCGS MS67 population sits at 82 coins (as of April 2024), with 19 in MS67+. In summer 2024, PCGS graded only 2 examples at MS68—the first time any 1935-S had reached that level. One of those had previously sold as a PCGS MS67+ CAC for $5,137.88 at GreatCollections in October 2023. After the MS68 upgrade, it resold at GreatCollections in July 2024 for $8,182.11. The second MS68 set the all-time record at $21,000 through Stack’s Bowers in August 2024.

Circulated examples in Good-4 start around $7.50–$9. MS-65 specimens typically trade in the $130–$200 range. The gap between circulated and top-pop prices on this variety is enormous.

Auction records show the serious premiums 1935-S quarters pull when they hit the market.

Market activity data shows the collector competition driving current 1935-S quarter values.

Also Read: What Quarters Are Worth Money

 

Rare 1935 Quarter Error List

1935 DDO FS-101 (Doubled Die Obverse)

This is the big one for 1935 Washington quarters. “DDO” stands for Doubled Die Obverse—it happens during die production when the hub impresses the design onto the die more than once at slightly different angles. The doubling gets baked right into the die itself.

You can spot this variety by the clear doubling on “LIBERTY,” the date, and “IN GOD WE TRUST.” Even a 5x loupe will show it. Because the doubling is in the die and not the strike, every coin from that die looks identical. That’s what makes it a recognized variety rather than a random accident.

Prices vary wildly by grade. A 1935 DDO FS-101 in MS64 sold for just $25 in 2019. An MS63 brought $200 in 2023. Top MS67 examples have reached $9,200 at auction. Certified high-grade examples are what drive those spikes.

1935 Broadstruck Error

A broadstruck coin got struck outside its retaining collar. The metal spreads outward, leaving you with a quarter that’s flatter and wider than normal. Design elements look stretched out.

A 1935 broadstruck in VF30 has sold for around $40. More dramatic examples in higher Mint State grades could reach $100–$200 depending on how far the coin expanded beyond normal dimensions.

1935 Wrong Planchet Error (Struck on Dime Blank)

This is one of the wildest 1935 quarter errors out there. A quarter design got squeezed onto a dime-sized planchet. The result is a tiny coin showing Washington quarter design elements on a much smaller disk.

A verified example in AU58 sold for $2,600. That’s what a major planchet error can do to an otherwise common-date coin.

1935-S RPM (Repunched Mint Mark)

The 1935-S has a documented RPM variety where the “S” punch was applied more than once in slightly different positions. Under magnification, you’ll see doubling or shadows around the edges of the “S” on the reverse. RPM varieties carry modest premiums over regular examples. How much depends on the clarity of the repunching and the coin’s overall grade. Worth cherrypicking if you’re going through a group of raw 1935-S quarters.

Also Read: 20 Rare Washington Quarter Errors Worth Money (Full List with Pictures)

 

Where to Sell Your 1935 Quarter?

Now that you know the value of your coins, do you know where to sell those coins online easily? Don’t worry, I’ve compiled a list of these sites, including their introduction, pros, and cons.

Check out now:  Best Places To Sell Coins Online (Pros & Cons)

 

1935 Quarter Market Trend

*Market Trend Chart showing the number of people paying attention to this coin.

 

1935 Quarter FAQ

1. What is a 1935 Quarter Worth?

It depends entirely on mint mark and grade. Circulated Philadelphia examples start around $9–$12 in Fine condition. An MS68 Philadelphia coin sold at Stack’s Bowers in March 2021 for $7,200. The 1935-S holds the all-time high at $21,000 for an MS68 specimen at Stack’s Bowers in August 2024. Most collector-grade MS67 examples across all three mints fall in the $1,000–$4,500 range.

2. Are Quarters from 1935 Made of Silver?

Yes. 90% silver, 10% copper. That composition ran through 1964, so all Washington quarters before 1965 have melt value. Each 1935 quarter contains 0.18084 troy ounces of pure silver. After 1992, some Proof quarters were again struck in 90% silver, but circulating quarters have been copper-nickel clad since 1965.

3. What is the 1935 Quarter Medium Motto and Why Does It Matter?

Every 1935 quarter—all three mints—was struck with the “Medium Motto” hub. It’s a transitional design between the “Light Motto” of 1932 and the “Heavy Motto” used from 1936 onward. The difference is in the weight of the “IN GOD WE TRUST” lettering. On the Medium Motto, the center peak of the “W” in “WE” ends level with the outer strokes. On the Heavy Motto (1936+), it projects noticeably above them. That makes every 1935 quarter a one-year-only type in the Washington quarter series.

4. What is the Rarest 1935 Quarter?

The 1935-D is hardest to find above MS67, with only 147 coins ever certified at that level or higher by NGC. But the 1935-S holds the all-time auction record at $21,000 for its MS68 example sold in 2024. The DDO FS-101 error variety—found only on Philadelphia coins—is the rarest collectible variety, with MS67 examples reaching $9,200.

5. Where is the Mint Mark on a 1935 Quarter?

Flip the coin to the reverse. Look below the eagle and above the word “QUARTER,” right between the two stems of the olive branch wreath. Philadelphia coins have no mint mark. Denver shows a “D” and San Francisco shows an “S.” Check this spot under good lighting before you assume yours is a common Philly coin.

6. Were Any 1935 Quarters Made as Proof Coins?

No. The Mint didn’t produce Proof Washington quarters between 1932 and 1935—or again between 1943 and 1949. No Cameo or Deep Cameo versions exist. Every 1935 quarter is a business strike. Proof production resumed in 1936, ran through 1942, and picked back up from 1950 onward.

7. What is the 1935 Quarter DDO FS-101 Error Worth?

It’s the premier error for this date. An MS64 example sold for just $25 in 2019, but an MS63 coin brought $200 in 2023, and MS67 examples have reached $9,200. The doubling on “LIBERTY,” the date, and “IN GOD WE TRUST” is visible under 5x magnification. That makes it one of the more beginner-friendly errors to spot. Always get suspected DDO coins certified by PCGS or NGC before selling.

8. How Do I Know If My 1935 Quarter is Valuable?

Start with the mint mark—D, S, or no mark on the reverse. Then look at condition. Full luster? Sharp details? Minimal bag marks? If it looks uncirculated, consider sending it to PCGS or NGC for professional grading. Also check the obverse for the DDO FS-101 error. Snapping a photo with the Coin Identifier and Value App is a fast, free first step.

9. How Were John Flanagan’s Initials Added to the 1935 Quarter Design?

Look at the base of Washington’s bust, just above the “5” in the date. You’ll see small “JF” initials. Flanagan was a New York sculptor and American Numismatic Society member. His portrait was based on Houdon’s 1785 marble bust, though his version differs in head shape and specific hair curl placement. Fun fact: a 1944 design revision accidentally distorted the initials, which were then corrected in 1945.

10. What Other Errors Should I Look for on 1935 Quarters?

Beyond the DDO FS-101, keep an eye out for broadstruck errors (wider and flatter than normal—a VF30 sold for $40), wrong planchet errors (a quarter struck on a dime blank in AU58 sold for $2,600), and the 1935-S RPM where the “S” looks doubled under magnification. Clipped planchets and die cracks show up on this date too, each adding a modest premium depending on severity. Grab a 5x to 10x loupe and good lighting—you never know what you’ll find.