The Washington Quarter, first minted in 1932, is one of America’s most iconic coins, introduced to commemorate the 200th anniversary of George Washington’s birth. Featuring a profile of Washington on the obverse and an eagle on the reverse, this coin became a staple of U.S. currency.
While millions of Washington Quarters have been minted since 1932, two specific coins from the series stand out: the 1932-D and 1932-S Washington Quarters. These rare coins, minted in Denver and San Francisco, are prized for their scarcity and historical significance. In top condition, these quarters have fetched as much as $80,000 to $90,000 at auction.
1932-D Washington Quarter
The 1932-D Washington Quarter is a standout in the series, minted in Denver with a total mintage of only 436,800 coins. This low production number makes it one of the rarest Washington Quarters ever produced.
Many of these quarters saw heavy circulation, leading to wear that diminished their value. Well-preserved examples, particularly those in Mint State (MS) condition, are incredibly rare and highly desirable.
Key Factors for 1932-D Quarter Value:
- Low Mintage: Only 436,800 coins were 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.
The 1932-D Washington Quarter is a “key date” coin, meaning it’s one of the most challenging coins to find in excellent condition. Its combination of limited mintage and historical appeal makes it a cornerstone for any Washington Quarter collection.
1932-S Washington Quarter
The 1932-S Washington Quarter, minted in San Francisco, is equally significant. With a mintage of only 408,000 coins—fewer than the 1932-D—the 1932-S is even scarcer.
Like its Denver counterpart, many of these coins were heavily circulated, leaving only a small number in excellent condition. Collectors striving for complete Washington Quarter sets highly value this coin, particularly in high grades.
Key Factors for 1932-S Quarter Value:
- Lower Mintage: Only 408,000 coins were 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 another key date coin, often sought after for its rarity and the challenges associated with locating specimens in top condition.
What Makes These Coins Valuable?
Several factors contribute to the high value of the 1932-D and 1932-S Washington Quarters:
| 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. |
How to Identify a 1932-D or 1932-S Washington Quarter
These coins can be identified by examining the mintmark, which appears on the reverse side of the coin beneath the eagle’s tail feathers.
- “D” Mintmark: Indicates the coin was minted in Denver.
- “S” Mintmark: Indicates the coin was minted in San Francisco.
If no mintmark is present, the coin was minted in Philadelphia and is not considered rare.
A Legacy of Value
The 1932-D and 1932-S Washington Quarters stand out not only for their rarity but also for their role in U.S. numismatic history. These coins, minted during a pivotal period in American history, remain highly sought after by collectors.
For numismatists and enthusiasts, finding one of these quarters in excellent condition is akin to striking gold. Whether you’re a seasoned collector or just starting, these key date coins represent an opportunity to own a piece of American heritage.