Is Your 1932 Washington Quarter Worth Over $10,000? Learn How to Identify It!

The 1932 Washington Quarter, introduced to commemorate George Washington’s 200th birthday, is a significant piece in American numismatics.

While many of these quarters are common and hold modest value, certain specimens, especially those in exceptional condition or with unique characteristics, can command prices exceeding $10,000.

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This article delves into how to identify these valuable quarters and what factors influence their worth.

Understanding the 1932 Washington Quarter

In 1932, the U.S. Mint introduced the Washington Quarter, replacing the Standing Liberty design. The coin features a left-facing portrait of George Washington on the obverse and an eagle on the reverse.

The 1932 quarters were minted in three locations: Philadelphia (no mint mark), Denver (D), and San Francisco (S).

Identifying Valuable 1932 Washington Quarters

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Not all 1932 Washington Quarters are valuable. The key factors that can significantly increase a coin’s value include:

1. Mint Mark and Mintage:
   • 1932-D (Denver Mint): With a mintage of only 436,800, these quarters are among the rarest. In higher grades, they can fetch substantial amounts.
   • 1932-S (San Francisco Mint): Minted in 408,000 quantities, these are also considered rare, especially in uncirculated conditions.
   • 1932 (Philadelphia Mint): While more common with a mintage of 5,404,000, high-grade specimens can still be valuable.
2. Condition and Grading:
   • Coins are graded on a scale from 1 to 70, with higher grades indicating better preservation. Coins graded MS65 or higher are particularly sought after.
3. Unique Characteristics and Errors:
   • Coins with minting errors or unique features can be more valuable.

Estimated Values Based on Condition

The value of a 1932 Washington Quarter varies based on its mint mark and condition. Below is a general guide:

Notable Auction Records

Exceptional specimens have achieved remarkable prices at auctions:

• A 1932-D Washington Quarter graded MS66 sold for $143,750 in 2008.
• A 1932-S Washington Quarter in MS66 condition fetched $45,500 in 2020.

How to Identify Your 1932 Washington Quarter

1. Examine the Mint Mark:
   • Look beneath the eagle on the reverse side.
   • A “D” indicates Denver, “S” indicates San Francisco, and no mint mark indicates Philadelphia.
2. Assess the Coin’s Condition:
   • Inspect for wear, scratches, and overall preservation.
   • Use a magnifying glass to examine fine details.
3. Consult a Professional Grader:
   • For an accurate assessment, consider submitting your coin to a professional grading service.

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While most 1932 Washington Quarters are not worth over $10,000, certain specimens, particularly those from the Denver and San Francisco mints in high grades, can command significant sums.

By carefully examining your coin’s mint mark, condition, and any unique features, you can determine its potential value. For a precise evaluation, consulting with a professional numismatist or submitting your coin to a reputable grading service is recommended.

FAQs

What makes a 1932 Washington Quarter valuable?

Rarity, condition, and unique characteristics such as minting errors contribute to a coin’s value.

How can I determine the mint mark on my 1932 Washington Quarter?

The mint mark is located beneath the eagle on the reverse side of the coin.

What is the grading scale for coins?

Coins are graded on a scale from 1 to 70, with higher numbers indicating better condition.