These rare 1932 Washington Quarters could be worth up to $140,000: Here’s how to spot them
The 1932 Washington Quarters minted in Denver and San Francisco have skyrocketed in value due to their rarity and demand. Some specimens have sold for up to $140,000, making them a hidden treasure for collectors.
The world of numismatics is full of surprises, and certain 25-cent coins, known as Washington Quarters, have reached staggering values among collectors. Two specific coins from 1932, minted in Denver and San Francisco, stand out for their rarity and high resale prices. These pieces represent an exciting investment opportunity, as their demand has surged in recent years, further driving up their value. If you own one of these rare quarters, you could be holding a small fortune in your hands.
The 1932-D and 1932-S Washington Quarters. Photo: PCGS.
1932-D Washington Quarter: The Denver rarity
The Denver Mint produced approximately 436,800 units of the 1932 Washington Quarter, marked with a "D" on the reverse. Due to its limited mintage, this coin is highly sought after by collectors. In 2020, an MS66-graded specimen (near-perfect condition) sold for $143,750 at auction, highlighting its scarcity and strong market demand. Experts predict its value may continue to rise as interest in rare U.S. coins grows.
Simultaneously, the San Francisco Mint struck about 408,000 quarters, recognizable by the "S" mintmark on the reverse. Though slightly rarer than the Denver version, it remains highly desirable. In the same 2020 auction, a 1932-S quarter in MS66 condition fetched $45,000, a remarkable price for a 25-cent piece. While it’s worth less than the Denver version, it still holds significant value among collectors.
Factors that increase the value of these quarters
Several key factors influence the price of these rare 1932 Washington Quarters:
- Rarity: Low mintage numbers make them highly collectible.
- Condition: Coins in better preservation states command higher prices.
- Minting Errors: Coins with striking anomalies can be worth even more.
If you think you might own one of these valuable coins, follow these steps:
- Check the date and mintmark: Look for "1932" and either "D" or "S" on the reverse.
- Assess the condition: Coins in mint or near-mint state fetch the highest prices.
- Seek professional appraisal: A numismatics expert can verify authenticity and estimate value.
The 1932-D and 1932-S Washington Quarters are not just old coins; they are numismatic treasures. Their rarity, historical significance, and high market demand make them highly valuable. If you happen to own one, you may be holding a piece worth thousands, or even $140,000!