In the world of rare coins, some Washington quarters stand out as valuable treasures hidden in plain sight. Most people see these coins as simple pocket change, but a select few Washington quarters can be worth a substantial fortune. In particular, two rare varieties of the Washington quarter could each command up to $140,000 at auction.
These coins have gained attention among collectors and investors, making them highly sought-after pieces of American numismatic history. Let’s take a closer look at these two rare Washington quarters and explore why they’re worth such impressive sums.
1932-D Washington Quarter
The 1932-D Washington quarter is a prized find among collectors due to its low mintage and historical significance. Issued by the Denver Mint in 1932, this quarter has one of the lowest mintages of all Washington quarters, making it exceptionally rare.
Its value lies not only in its rarity but also in the fact that it marked the beginning of the Washington quarter series, adding historical appeal. Today, finding a 1932-D quarter in pristine condition is incredibly rare, and well-preserved examples can reach prices upwards of $140,000.
1932-S Washington Quarter
Another highly valuable coin is the 1932-S Washington quarter, minted in San Francisco. Like the 1932-D, this coin has a remarkably low mintage, which increases its rarity and value among collectors. Because so few of these quarters were made, it is challenging to find one in top condition today.
The 1932-S Washington quarter holds both historical significance and scarcity value, making it a top prize for numismatists. With its high collector demand, a 1932-S quarter in excellent condition can be valued at up to $140,000.
Mint Marks and Their Importance
Mint marks play a critical role in determining the rarity and value of Washington quarters. Coins from the Denver and San Francisco mints, indicated by “D” and “S” marks, respectively, are often rarer than those from the Philadelphia Mint.
The 1932 quarters from these mints are prime examples of how a small mint mark can have a massive impact on a coin’s value. Collectors are particularly drawn to these coins because of the specific locations of their production, which were marked by limited runs that enhance their appeal and value.
Factors That Affect Value
The value of these Washington quarters depends on various factors, including condition, mint location, and rarity. Coins that have been well-preserved or kept in uncirculated condition are much more valuable than those that show signs of wear.
Professional grading services, like the PCGS and NGC, assess coins on a scale that can help establish their value. In particular, coins with a high grade—such as those rated Mint State or higher—are the most desirable and can fetch the highest prices.
Coin Name | Year | Mint Location | Mintage | Estimated Value ($) |
---|---|---|---|---|
1932-D Washington Quarter | 1932 | Denver | 436,800 | 140,000+ |
1932-S Washington Quarter | 1932 | San Francisco | 408,000 | 140,000+ |
1937 Washington Quarter | 1937 | Denver | 7,189,600 | 1,200+ |
1942 Washington Quarter | 1942 | San Francisco | 16,080,000 | 300+ |
1950-D Washington Quarter | 1950 | Denver | 21,164,000 | 200+ |
The rarity and historical significance of these two Washington quarters make them highly coveted items in the numismatic world. Coins from this era tell a story of American history and have grown in value due to their scarcity and demand among collectors.
Finding one of these quarters in circulation today is unlikely, but for those who do come across them, it’s a discovery worth cherishing. Even for those who don’t have one in their collection, these coins represent the excitement and allure of coin collecting, where even a small piece of currency can be a link to the past.