Washington Quarters, minted between 1932 and 1964, are some of the most sought-after coins among collectors. However, not all Washington Quarters hold the same value. The worth of a Washington Quarter depends on several factors, including its condition, year, mintmark, and any possible minting errors.
The 1932 Washington Quarters: Key Varieties
Among the 1932 Washington Quarters, the most coveted are the 1932-D and 1932-S varieties. These 25-cent coins, made of 90% silver, are incredibly rare and highly prized in the world of numismatics.
The 1932-D Washington Quarter is by far the rarest, with a mintage of only 436,000 coins. This low mintage, combined with its age, makes it one of the most valuable quarters in circulation. In fact, a 1932-D Washington Quarter in MS-65 condition has been sold for up to $12,000 at auction, and in the past, a piece in even higher grades has fetched upwards of $143,750
1932-S Washington Quarter: Still Valuable but More Common
The 1932-S Washington Quarter, with a mintage of just 408,000 coins, is slightly more abundant than the 1932-D variety. As a result, its value is generally lower. A 1932-S Washington Quarter in MS-65 condition might fetch around $3,000, but it remains a highly desirable piece for collectors
Auction Prices for 1932 Washington Quarters
In recent years, rare 1932 Washington Quarters have fetched impressive prices at auction. A 1932-S quarter in MS-66 condition was sold for an impressive $45,000 at a 2020 auction . Similarly, the record-breaking sale of a 1932-D quarter proves the immense demand for these rare coins, with one example selling for a staggering $143,750 .
Why Condition and Grading Matter
The condition of a Washington Quarter plays a significant role in its value. Coins are graded by organizations like Professional Coin Grading Service (PCGS), which assigns a grade based on factors such as wear, scratches, and overall quality. Coins graded MS-65 or higher are considered to be in excellent condition and can command premium prices.
For instance, around 100 pieces of the 1932-D Washington Quarter have been graded MS-65, and each of these coins could be worth up to $12,000 . In contrast, there are about 200 1932-S quarters graded in MS-65, with each worth around $3,000 .
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How Much Are Your Washington Quarters Worth?
The value of your 1932-D and 1932-S Washington Quarters can vary greatly based on their condition and rarity. Whether you’re a seasoned collector or just discovering the world of numismatics, these quarters are an exciting investment for anyone interested in rare and valuable coins.
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