The assessed monetary value of a 1943 silver quarter is determined primarily by two factors: its silver content and its condition. These coins, composed of 90% silver, possess an intrinsic value directly tied to the fluctuating price of silver on the commodities market. Numismatic grading, ranging from Poor to Uncirculated, significantly influences the coin’s desirability and therefore its potential market price.
The inherent silver content provides a baseline valuation, offering a degree of stability regardless of collector demand. However, well-preserved specimens with minimal wear and tear, particularly those exhibiting exceptional mint luster and detail, attract higher premiums from collectors. The historical context, minted during a pivotal period in World War II, also contributes to the coin’s appeal and collectibility.