Coin collecting can be more than just a hobby—it can be a way to discover hidden treasures that could be worth a lot of money. Among the most valuable coins are certain Washington quarters. Two rare versions of these quarters can be worth as much as $140,000 at auctions! In this article, we’ll take a closer look at these rare quarters, including their history, features, and what to look for if you think you may have one of them.
1. The 1932-D Washington Quarter
Historical Context
The 1932-D Washington quarter was minted during a tough time in American history—the Great Depression. Because the economy was struggling, the U.S. Mint made fewer coins that year. This makes the 1932-D Washington quarter a rare find today.
Key Features
- Mint Mark: The letter ‘D’ is stamped on the back of the coin to show it was made at the Denver Mint.
- Mintage: Only 436,800 of these coins were made, making it one of the rarest Washington quarters.
- Composition: It’s made from 90% silver and 10% copper, which is typical of coins made before 1965.
Current Value
The value of a 1932-D Washington quarter depends on how well it has been preserved. Here’s a look at the value for different coin conditions:
| Condition | Estimated Value |
|---|---|
| Good (G-4) | $100 |
| Very Fine (VF-20) | $1,000 |
| Mint State (MS-65) | Up to $140,000 |
2. The 1932-S Washington Quarter
Historical Context
Like the 1932-D quarter, the 1932-S Washington quarter was also minted during the Great Depression. It was made at the San Francisco Mint, where the production was limited, making this coin just as rare.
Key Features
- Mint Mark: The letter ‘S’ is stamped on the reverse side of the coin, signifying it was minted at the San Francisco Mint.
- Mintage: Only 408,000 of these coins were produced, which makes it even rarer than the 1932-D quarter.
- Composition: Like the 1932-D coin, the 1932-S is made of 90% silver and 10% copper.
Current Value
The 1932-S Washington quarter also has varying value depending on its condition:
| Condition | Estimated Value |
|---|---|
| Good (G-4) | $125 |
| Very Fine (VF-20) | $1,500 |
| Mint State (MS-65) | Up to $140,000 |
Factors That Influence the Value of Rare Washington Quarters
Several factors contribute to the value of these rare coins:
- Condition: Coins that are in better condition (higher grades) are worth more.
- Rarity: Fewer coins were made, so these coins are harder to find and more valuable.
- Historical Significance: Being the first year of the Washington quarter series makes these coins even more special.
How to Identify and Authenticate Your Coin
If you think you might own a rare 1932-D or 1932-S Washington quarter, here’s how to check its authenticity:
- Mint Mark: Look for the ‘D’ or ‘S’ mint mark on the back of the coin under the eagle.
- Professional Grading: To get an accurate value, have the coin graded by a trusted service like PCGS or NGC.
- Weight and Size: A real 1932 quarter weighs 6.25 grams and has a diameter of 24.3 mm.
Conclusion
If you own a 1932-D or 1932-S Washington quarter, you could be sitting on a valuable coin worth up to $140,000, depending on its condition. These coins are rare and have historical significance, making them highly desirable among collectors. So, check your quarters carefully—you might have a hidden treasure!
FAQ’s
How can I determine the condition of my Washington quarter?
Coins are graded on a scale from Poor (P-1) to Mint State (MS-70). For the best evaluation, it’s recommended to get your coin graded by a professional service.
Where can I sell a rare Washington quarter?
You can sell rare coins through trusted coin dealers, auction houses, or online marketplaces that specialize in rare coins.
Are there counterfeit 1932-D and 1932-S quarters?
Yes, because these quarters are valuable, counterfeit versions exist. It’s important to have your coin verified by a professional to ensure it’s real.