The Washington Quarter is almost certainly one of the coins most representative of America and was launched to mark 200 years since the birth of George Washington. The coin has an obverse profile of Washington and reverse with the eagle and has since become a part of U.S. currency.
Though millions of Washington Quarters have been minted since 1932, two coins from this series stand out: the 1932-D and the 1932-S Washington Quarters. These rarities, minted in Denver and San Francisco respectively, are valued highly for their scarcity and historic importance. In the finest grades, auction prices have reached some $80,000-$90,000 for these quarters.
1932-D Washington Quarter:
This coin, the 1932-D Washington Quarter, is one of the most famous in the series because so few were made with only 436,800 pieces minted in Denver. This is a very low production number, placing it among the rarest Washington Quarters ever struck.
Heavy circulation reduced the value of many of these quarters, but the unattractiveness of most examples only adds to the rarity and desirability of the few in nice condition, especially in Mint State (MS).
Key Factors for 1932-D Quarter Value:
- Low Mintage: Only 436,800 coins minted.
- High Demand: Collectors seek this coin for its scarcity and significance.
- Condition Matters: Coins in MS65 or higher grades can sell for up to $80,000.
This coin, the 1932-D Washington Quarter, is a “key date”, indeed, one of the toughest finds in fine condition. The historical rarity along with its limited mintage makes it a cornerstone in any Washington Quarter collection.
The 1932-S Washington Quarter
San Francisco takes pride of place alongside this coin. The 1932-S, being minted in San Francisco, very well can be termed as important too. Mintage for this coin shows only 408,000 pieces – much less than the 1932-D – which adds to the rarity of the 1932-S quarter.
Many of those coins, like the Denver counterpart, were subject to heavy circulation, thus leaving very few in the much-coveted condition. High-grade specimens of this coin are treasured by collectors striving for complete Washington Quarter sets.
Key Factors for 1932-S Quarter Value:
- Lower Mintage: Only 408,000 coins minted, making it rarer than the 1932-D.
- High-Grade Examples: Uncirculated coins or those graded MS65+ can fetch up to $90,000.
- Historical Significance: Released during the Great Depression, adding to its appeal.
The 1932-S Washington Quarter is yet another key date coin that is considered rare and difficult to find in an adequately high grade.
Why Are These Coins So Valuable?
Several aspects make the 1932-D and 1932-S Washington Quarters high-priced:
| Factor | Description |
|---|---|
| Low Mintage | Limited production makes these coins rarer than other Washington Quarters. |
| Circulation Wear | Many coins were heavily circulated, reducing the number of high-quality examples. |
| Key Dates | Both coins are essential for completing a full Washington Quarter collection. |
| Historical Context | Minted during the Great Depression, adding historical significance. |
| Collector Demand | High demand among numismatists keeps their value consistently strong. |
Examining the mintmark, which appears on the reverse of the coin, beneath the eagle’s tail feathers, will serve as the basis for the identification of these quarters: the 1932-D and the 1932-S Washington Quarter.
- “D” mintmark: indicates minting in Denver.
- “S” mintmark: indicates minting in San Francisco.
Absence of mintmark means an issue from Philadelphia, hence not considered rare.
A Legacy of Value
It’s the 1932-D and 1932-S Washington Quarters that stand out, not only because of their rarity, but also for their part in U.S. numismatic history. It’s a time pivotal in the American history of these coins, which are, of course, still among the most beloved by collectors.
For numismatists and hobbyists alike, if one were to find one of these quarters in great shape, it would be like striking gold. For the advanced collector or somewhat casual observer, these key date coins provide an opportunity to own a portion of American heritage.
FAQS:
What makes the 1932-D quarters rare?
They are scarce because they have a very low mintage of just 436,800.
What does a 1932-S quarter worth?
In the best conditions, a 1932-S quarter could be worth as much as $90,000.
How to Interrogate a Quarter 1932 Washington?
Look under the eagle’s tail feathers for ‘D’ or ‘S’ mintmarks.
What is the meaning of “key date”?
A key date coin is precious and costly to the extent that it builds a collection.