The Washington Quarter, introduced in 1932, is one of the most famous coins in American history. These coins were made to celebrate the 200th anniversary of George Washington’s birth. While many Washington Quarters were produced over the years, the original 1932-D and 1932-S quarters are very rare and valuable. Some can sell for as much as $80,000 to $90,000! This article will help you learn about these special coins and why they are worth so much.
What Makes the 1932-D and 1932-S Quarters Special?
The 1932-D and 1932-S Washington Quarters are highly prized because they were produced in limited amounts. Here’s what you should know about each:
1932-D Washington Quarter
- Mint Location: Denver
- Mintage: Only 436,800 coins were made.
- Value: A high-quality 1932-D quarter can sell for around $80,000. The low number of these coins makes them very rare.
1932-S Washington Quarter
- Mint Location: San Francisco
- Mintage: Even fewer were made, with only 408,000 coins.
- Value: This quarter can fetch prices as high as $90,000 in good condition, making it one of the most valuable in the series.
Factors Contributing to Their High Value
Several important factors determine why these quarters are so valuable:
1. Low Mintage
With fewer than 500,000 coins made for each mint, the 1932-D and 1932-S quarters are rare. Collectors often seek these rare coins to complete their sets, which drives up demand and prices.
2. Condition and Grade
The condition of a coin affects its value greatly. Quarters in excellent condition, graded MS65 or higher, are much more valuable. Most of the 1932-D and 1932-S quarters were circulated, which means they often show wear and tear.
3. Historical Significance
Being the first quarters to feature George Washington, these coins have a strong historical connection. They celebrate Washington’s bicentennial, making them more desirable to collectors.
4. Key Date Status
The 1932-D and 1932-S quarters are considered “key dates” in the Washington Quarter series. This means they are essential for any collector wanting to complete their collection.
5. Composition and Silver Content
These quarters are made of 90% silver, which adds to their value. Collectors who appreciate silver coins often look for these rare quarters due to their metal content.
Table of Values
| Coin Type | Mint Mark | Mintage | Estimated Value |
|---|---|---|---|
| 1932-D Washington Quarter | D | 436,800 | $80,000+ |
| 1932-S Washington Quarter | S | 408,000 | $90,000+ |
Tips for Collectors
If you’re interested in collecting Washington Quarters, here are some tips to help you find valuable coins:
- Inspect Carefully: Always check the condition of the coin. Use a magnifying glass if needed.
- Research: Look at coin catalogs and online resources to learn more about valuable coins.
- Ask Experts: If you think you found a rare quarter, consult a coin expert for advice and appraisal.
Conclusion
The 1932-D and 1932-S Washington Quarters are more than just coins; they are pieces of American history. Their rarity, historical significance, and demand among collectors make them incredibly valuable. Whether you’re an experienced collector or just starting, understanding these coins can help you appreciate their worth and might even lead to some exciting finds. As you look for rare coins, remember to consider their condition, mint marks, and historical context, which all contribute to their value in the collecting world.
FAQ’s
What are the main features of the 1932-D Washington Quarter?
The 1932-D quarter has a low mintage of 436,800 and can be worth over $80,000 if in excellent condition.
How can I tell if my Washington Quarter is valuable?
Look for mint marks, check the coin’s condition, and compare it to known valuable examples in catalogs.
Why are the 1932-S and 1932-D quarters considered “key dates”?
These quarters are essential for completing a collection due to their rarity and historical significance.