It depends on what series of "Old Quarters" you are asking about. Please post new question with a date.
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US Quarters minted in 1954 bear both the mint mark of San Francisco, California mint "S" and the mint mark of the Denver, Colorado mint "D". Additionally, the US Mint at Philadelphia, Pensylvania also struck these quarters but no mint mark was used.
The lack of a mint mark indicates that the coin was minted in Philadelphia. The mint mark P wasn't added to quarters until 1980.
No. The P mint mark didn't appear on most coins until 1980. Dates for "P" mint marks" > Nickels: mid-1942 to 1945 > Dollars: 1979-present > Dimes, quarters, and halves: 1980-present The P mint mark isn't used on cents.
Please check your coin again. No US quarters were minted in 1922.Also "M" is the designer's initial and not a mint mark. The mint mark position on Standing Liberty quarters is on the other pedestal:No mint mark = PhiladelphiaD = DenverS = San Francisco
It's called a mint mark and indicates where the coin was minted. The mint mark 'D' stands for Denver.