The 1994-P Washington Quarter is a noteworthy coin from the 1990s, an era of gradual yet significant changes in U.S. coinage design and production techniques. Minted at the Philadelphia Mint, this quarter carries forward its iconic design while incorporating a few subtle yet interesting variations that collectors appreciate. Whether you’re an experienced numismatist or just beginning your collection journey, understanding the details of this coin is key to recognizing its value and potential.
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 (Portrait of George Washington) |
| Designer (Reverse) | John Flanagan (Heraldic Eagle) |
| Mint Set Availability | Part of the 1994 U.S. Mint Uncirculated Coin Set |
| Notable Features | “Spaghetti Hair” design adjustments, Popular with collectors |
| Top Price Achieved | $8,156.25 (for MS68 PCGS example) |
The 1994-P Washington Quarter: Design Overview
The 1994-P Washington Quarter is based on the design created by John Flanagan in 1932. The obverse of the coin features a bust of George Washington, inspired by the 1785 sculpture by Jean-Antoine Houdon. However, the 1990s saw slight modifications to the portrayal, particularly in Washington’s hair, which led to the term “Spaghetti Hair” among collectors. These changes resulted in a more detailed and stylized hair depiction, which some collectors feel disrupts the simplicity of the original design.
Contents
On the reverse, the coin displays the heraldic eagle, a symbol of strength and liberty. The eagle clutches arrows and olive branches, representing defense and peace. Above the eagle are the words “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM,” with “QUARTER DOLLAR” inscribed below. The reeded edge of the coin gives it a distinctive tactile quality.
Mintage and Availability of the 1994-P Washington Quarter
A total of 825,600,000 1994-P Washington Quarters were minted, with the Philadelphia Mint producing fewer quarters than the Denver Mint in that year. Despite the high mintage, the 1994-P quarter is not often found in circulation today, making it a potential discovery for coin roll hunters. Those interested in uncirculated versions of the coin can often find them in sets, such as the 1994 U.S. Mint Uncirculated Coin Set, which contains all the circulating coins from that year. These sets are typically priced under $10.
While uncirculated examples are generally easy to find, higher-quality coins in “Gem Mint” condition may require more effort to locate. Collectors are drawn to the 1994-P Washington Quarter not only for its place in U.S. coinage history but also for its design alterations and market appeal.
Market Value and Investment Potential
While most 1994-P Washington Quarters are found in lower-grade conditions, higher-quality examples are highly sought after by collectors. The most expensive example of this coin ever sold fetched $8,156.25 for a PCGS MS68 specimen. These top-grade coins are exceptionally rare, which makes them incredibly valuable in the numismatic market. Most 1994-P quarters, even those in uncirculated condition, typically sell for around $1 to $2.
For collectors focused on higher-grade coins, certified specimens graded MS67 or higher are particularly desirable. These coins can sell for anywhere between $50 to $300, depending on their grade and certification. Lower-grade coins, such as MS66 or below, tend to be more affordable but still appeal to budget-conscious collectors.
Noteworthy Specimens and Record Sales
Several exceptional specimens of the 1994-P Washington Quarter have sold at high-end auctions, drawing attention for their outstanding quality. For example, a MS68 coin was sold for over $8,000 in 2018, but a subsequent MS68 example fetched a lower price in 2021. This price fluctuation reflects the dynamic nature of the market as more rare coins are discovered and graded.
Currently, the highest-graded MS68 specimens hold the most value, though MS67 and MS66 coins continue to generate steady interest from collectors at more accessible prices.
Conclusion
The 1994-P Washington Quarter remains a highly collectible coin, particularly for those in search of high-grade specimens. While most examples are valued at face value or a few dollars, rare and well-preserved coins can command impressive prices. By understanding the design history, unique features, and market trends surrounding this coin, collectors and investors alike can make informed decisions. Whether you’re adding the 1994-P Washington Quarter to your collection or looking to invest in high-quality examples, this coin presents exciting opportunities.
