1994-P Washington Quarter: The 1994-P Washington Quarter is a notable coin from the 1990s, a period marked by gradual yet noticeable changes to the design and manufacturing processes of U.S. coinage. Minted at the Philadelphia Mint, this quarter features a familiar design but with some interesting historical and technical nuances that collectors will appreciate. Whether you’re an experienced numismatist or a beginner, understanding the details of this particular coin is crucial for anyone seeking to add it to their collection or simply gain insight into its unique features.
In this guide, we’ll explore the key attributes of the 1994-P Washington Quarter, its design elements, mintage figures, and the current market value. We will also look at how collectors can acquire this coin, the role of “Spaghetti Hair,” and how to identify high-quality specimens. Whether you’re looking for uncirculated examples or considering the investment potential of top-graded coins, this article will provide a comprehensive overview.
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 retains the iconic design first created by John Flanagan in 1932. The obverse features a bust of George Washington, modeled after the 1785 bust sculpted by Jean-Antoine Houdon. However, the coin’s portrayal differs slightly, especially in the hair details. During the 1990s, the Mint made subtle changes that resulted in what collectors sometimes call “Spaghetti Hair” — a more detailed, stylized depiction of Washington’s hair that many feel detracts from the original simplicity.
On the reverse, the quarter showcases the heraldic eagle, a symbol of strength and freedom. The eagle grips arrows and olive branches, signifying peace and defense. Above, the legend “UNITED STATES OF AMERICA” and the motto “E PLURIBUS UNUM” complete the design. The denomination “QUARTER DOLLAR” is inscribed at the bottom. The quarter’s edge is reeded, adding a distinctive tactile feature.
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 far fewer quarters than the Denver Mint that year. Despite the high mintage, the 1994-P quarter is less commonly found in circulation today, making it a potential find for coin roll hunters. Those looking for uncirculated versions of the coin can find them easily through coin sets, such as the 1994 United States Mint Uncirculated Coin Set, which typically includes all circulating coins from that year, including the 1994-P Washington Quarter.
Additionally, these sets are relatively affordable, often available for under $10. However, a higher-quality coin can be found with some effort, especially in “Gem Mint” condition. The allure of the 1994-P Washington Quarter for collectors stems from its unique place in the history of U.S. coinage, as well as its aesthetic and market appeal.
Market Value and Investment Potential
While most 1994-P Washington Quarters circulate in low-grade conditions, certain high-grade examples are in demand among collectors. The most expensive example of this coin ever sold reached $8,156.25 for a PCGS MS68 specimen. Such examples are extremely rare, with only a few in circulation, making them highly sought after in the numismatic market. Most 1994-P quarters, even those in uncirculated condition, typically sell for $1 to $2.
For collectors seeking high-grade coins, certified specimens graded at MS67 or higher are a key focus. These coins often command prices ranging from $50 to $300, depending on the grade and certification. Coins in MS66 or lower grades generally trade at or below submission cost, making them less valuable but still of interest to collectors on a budget.
Noteworthy Specimens and Record Sales
Several notable specimens of the 1994-P Washington Quarter have made their way into high-end auction houses, attracting attention for their exceptional quality. As mentioned earlier, the PCGS MS68 coin fetched over $8,000 in 2018, while a second MS68 example sold for significantly less in 2021. This price drop illustrates the fluctuation in the market as more of these rare coins are discovered and graded.
In terms of population, the top two certified MS68 specimens are currently the highest-graded examples of the 1994-P quarter. Other highly graded examples, such as MS67 and MS66, have seen consistent interest in the market, though they remain far more affordable than the top-grade coins.
Collecting the 1994-P Washington Quarter
For many collectors, obtaining a 1994-P Washington Quarter involves finding coins from coin rolls or purchasing them as part of a set. Roll hunting can be a rewarding experience, though most coins found this way will be in circulated conditions. For those willing to invest a bit more, searching for uncirculated coins in near-perfect or Gem Mint states can yield coins that hold both historical and monetary value.
As with any collectible, rarity, condition, and demand drive the market. For collectors looking for a piece of 1990s coinage with a story to tell, the 1994-P Washington Quarter offers a perfect blend of history, design, and investment potential.
FAQs About the 1994-P Washington Quarter
1. What is the most valuable 1994-P Washington Quarter?
The most valuable example of the 1994-P Washington Quarter sold for $8,156.25. This coin was a top-grade PCGS MS68, which is an extremely rare condition for this coin.
2. How many 1994-P Washington Quarters were minted?
A total of 825,600,000 1994-P Washington Quarters were minted at the Philadelphia Mint.
3. Why is the 1994-P Washington Quarter sometimes called “Spaghetti Hair”?
The “Spaghetti Hair” term refers to a change in the hair design of George Washington on the quarter. Over time, the Mint made subtle adjustments to the portrait, resulting in more intricate, wavy lines that some collectors found less aesthetically pleasing.
4. Can I still find 1994-P Washington Quarters in circulation?
While it’s uncommon to find 1994-P quarters in change, they are still available through coin roll hunting or as part of Mint Sets. Coins in uncirculated condition can be found with effort.
5. What is the value of a 1994-P Washington Quarter in circulation?
A 1994-P Washington Quarter found in circulation is typically worth face value (25 cents). However, uncirculated or high-grade examples can be worth much more, depending on their condition.
Final Thoughts
The 1994-P Washington Quarter holds an important place in the history of U.S. coinage, and its collectible value is sure to continue attracting enthusiasts. Whether you are looking to start a collection or simply appreciate the design, this coin offers a fascinating glimpse into the evolution of U.S. minting. Don’t forget to explore more about other Washington Quarters or coin collecting tips—share your thoughts or experiences in the comments!