Coin collecting is a fun and exciting hobby, but sometimes, it can lead to a big financial reward. One coin that is highly sought after by collectors is the 1932-S Washington Quarter. This rare coin, minted in 1932, has become incredibly valuable over time, especially for collectors in search of rare and unique items. If you have one of these quarters, you might be holding onto a treasure worth up to $140,000!
What Makes the 1932-S Washington Quarter So Special?
The 1932-S Washington Quarter was minted at the San Francisco Mint during the Great Depression, a time when the U.S. Mint produced fewer coins. Because only 408,000 of these quarters were made, they are quite rare today. The 1932-S quarter was part of the first Washington quarter series, which makes it both historically important and highly desirable among collectors.
Key Features of the 1932-S Washington Quarter
Below is a table that highlights the key features of the 1932-S Washington Quarter:
| Feature | Description |
|---|---|
| Mint Mark | “S” Mint Mark on the back of the coin, below the eagle. |
| Material | 90% silver, 10% copper. |
| Mintage | 408,000 units produced (low mintage). |
| Diameter | 24.3 mm (standard size for quarters). |
| Weight | 6.25 grams (standard weight for quarters). |
These features are important to look for when identifying a 1932-S Washington Quarter.
How Much is the 1932-S Washington Quarter Worth?
The value of the 1932-S Washington Quarter can vary greatly depending on its condition. Here is a table showing the estimated value based on the coin’s grade:
| Condition | Estimated Value |
|---|---|
| Good (G-4) | $125 |
| Very Fine (VF-20) | $1,500 |
| Mint State (MS-65) | Up to $140,000 |
A Mint State (MS-65) coin is in nearly perfect condition, with sharp details and no signs of wear. These coins are extremely rare and can sell for a lot of money.
Why Is the 1932-S Washington Quarter So Valuable?
The 1932-S Washington Quarter is valuable because of a few key factors:
- Condition: Coins in excellent condition are much more valuable.
- Rarity: Only 408,000 coins were made, making them hard to find.
- Historical Importance: Being the first year of the Washington quarter series adds to its value.
How Can You Tell If Your Coin is a 1932-S Washington Quarter?
To determine if you have a 1932-S Washington Quarter, check for the following:
- Mint Mark: Look for the “S” mint mark on the back of the coin, just below the eagle.
- Weight and Size: The coin should weigh 6.25 grams and have a diameter of 24.3 millimeters.
- Professional Grading: Have your coin graded by a professional to find out its condition and value.
Where Can You Sell a 1932-S Washington Quarter?
If you have a 1932-S Washington Quarter and want to sell it, you can consider these options:
- Coin Dealers: Reputable dealers will offer you a fair price for your coin.
- Auction Houses: You can auction your coin and let collectors bid on it.
- Online Platforms: Websites like eBay allow you to sell coins to collectors.
Conclusion
The 1932-S Washington Quarter is a valuable and rare coin, and if you have one in your collection, it could be worth a lot of money—up to $140,000 if it is in excellent condition. Make sure to check for the mint mark and get the coin professionally graded to determine its true value. Whether you choose to keep it or sell it, owning a 1932-S Washington Quarter is an exciting part of coin collecting.
FAQ’s
How much is the 1932-S Washington Quarter worth?
The value can range from $125 for a coin in good condition to up to $140,000 for one in mint condition (MS-65).
How do I know if I have a 1932-S Washington Quarter?
Check for the “S” mint mark on the back of the coin and make sure it weighs 6.25 grams and has a diameter of 24.3 millimeters.
Where can I sell my 1932-S Washington Quarter?
You can sell your coin through reputable coin dealers, auction houses, or online platforms like eBay.