1994-P Washington Quarter: The 1994-P Washington Quarter stands out as a key piece from the 1990s, a decade marked by subtle changes in U.S. coinage. Minted in Philadelphia, this quarter features the iconic portrait of George Washington, but with distinct design adjustments that have captured the attention of collectors. While its high mintage makes it a common coin, finding one in pristine condition is rare, adding to its appeal.
This article offers a comprehensive look at the 1994-P Washington Quarter, including its design features, mintage, market value, and notable sales. Whether you’re a seasoned collector or just starting out, understanding the unique aspects of this coin can help you appreciate its place in U.S. numismatic history.
Overview Table: Key Details of the 1994-P Washington Quarter
| Feature | Details |
| Country of Issue | United States of America |
| Year of Issue | 1994 |
| Mintmark | P (Philadelphia) |
| Mintage | 825,600,000 coins |
| Alloy | Copper-nickel (75% copper, 25% nickel) |
| Weight | 5.67 grams |
| Diameter | 24.30 mm |
| Edge | Reeded |
| Designer (Obverse) | John Flanagan (George Washington) |
| Designer (Reverse) | John Flanagan (Heraldic Eagle) |
| Mint Set Availability | 1994 U.S. Mint Uncirculated Coin Set |
| Notable Features | “Spaghetti Hair” design variation |
| Top Price Achieved | $8,156.25 (MS68 PCGS example) |
Design and Unique Features
The 1994-P Washington Quarter continues the classic design created by John Flanagan in 1932, with a few noticeable differences. On the obverse, George Washington’s bust is styled with more defined, flowing hair, earning the nickname “Spaghetti Hair” among collectors. This design change adds character to the coin, though opinions on its aesthetic appeal vary.
The reverse showcases the heraldic eagle, a symbol of strength and freedom. The eagle is depicted with outstretched wings, clutching arrows in one talon and an olive branch in the other. The inscriptions “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM” are positioned above the eagle, with “QUARTER DOLLAR” below. The coin’s reeded edge is both a functional and decorative element, making it easy to distinguish by touch.
Mintage and Availability
With a production of 825,600,000 coins, the 1994-P Washington Quarter was widely circulated. Despite this large mintage, locating well-preserved examples can be challenging, especially in higher grades. Coin roll hunters sometimes discover these quarters, but finding one with minimal wear and strong eye appeal is increasingly rare.
Collectors seeking uncirculated examples can find them in the 1994 U.S. Mint Uncirculated Coin Set. This set includes all circulating coins from that year and is typically available for less than $10. While most quarters from this year are easily accessible, coins in “Gem Mint” condition are less common, increasing their value and desirability among collectors.
Market Value and Investment Potential
The value of a 1994-P Washington Quarter largely depends on its condition. Circulated examples are generally worth face value, while uncirculated coins can sell for $1 to $2. However, high-grade specimens are significantly more valuable.
The highest price ever paid for this coin was $8,156.25 for an MS68 example graded by PCGS. Such top-tier coins are rare, as achieving this level of preservation requires exceptional care and minimal handling. Coins graded MS67 typically sell for $50 to $300, depending on their eye appeal and certification. Collectors on a budget can still find attractive coins in grades like MS66 or MS65 at more affordable prices.
For investors, focusing on coins with higher grades is a wise strategy. The rarity of MS67 and MS68 examples ensures their long-term value, especially as demand for high-quality coins continues to grow.
Noteworthy Specimens and Auction Records
Several exceptional 1994-P Washington Quarters have attracted attention at auctions. The record-setting MS68 specimen that sold for over $8,000 in 2018 remains the most valuable example to date. Another MS68 coin sold for a lower price in 2021, reflecting fluctuations in the market as more coins of this grade are discovered and certified.
While MS68 coins are the rarest and most valuable, MS67 and MS66 examples are more accessible and still command respectable prices. Collectors should look for coins with sharp details, vibrant luster, and minimal imperfections, as these factors significantly impact a coin’s market value.
Key Collecting Tips
- Focus on High Grades: Coins graded MS67 or higher are the most valuable and desirable.
- Look for Design Variations: The “Spaghetti Hair” design sets this coin apart from earlier Washington Quarters.
- Buy Certified Coins: Coins graded by PCGS or NGC offer added assurance of authenticity and quality.
- Check Mint Sets: The 1994 U.S. Mint Uncirculated Coin Set is an affordable way to find well-preserved examples.
- Monitor the Market: Stay informed about auction results and market trends to make informed purchasing decisions.
FAQs
1. How much is a 1994-P Washington Quarter worth?
Most 1994-P Washington Quarters are worth face value or a few dollars, depending on their condition. High-grade examples can sell for $50 to $300, with top-quality specimens reaching over $8,000.
2. What is the “Spaghetti Hair” design?
The term refers to the detailed, flowing appearance of George Washington’s hair on the obverse, resulting from design adjustments made in the 1990s.
3. Where can I find an uncirculated 1994-P Washington Quarter?
Uncirculated examples are available in the 1994 U.S. Mint Uncirculated Coin Set, which can be purchased online or at coin shows.
4. Why is the 1994-P Washington Quarter popular among collectors?
Its design variations, limited availability in circulation, and potential for high value in top grades make it a desirable addition to any collection.
5. How can I determine the grade of my 1994-P Washington Quarter?
Professional grading services like PCGS or NGC can assess your coin’s condition and assign a grade, providing a certificate of authenticity that can enhance its market value.
Final Thoughts
The 1994-P Washington Quarter is a fascinating coin with unique design features and strong collector appeal. While most examples are affordable, high-grade specimens are rare and valuable, making this coin a worthwhile addition to any collection. Whether you’re a seasoned numismatist or a beginner, understanding the key aspects of this coin can help you make informed decisions and appreciate its place in U.S. numismatic history.
If you’ve found a rare 1994-P Washington Quarter or have a story to share, leave a comment below. Don’t forget to explore more articles on collectible coins and discover the hidden treasures in your collection!
