1932 Washington quarters– $80K and $90K Mint Condition Gems

The 1932-D and 1932-S Washington quarters hold a special place in American numismatics, celebrated for their rarity, historical significance, and distinctive design. Let’s explore the origins, unique features, and collector appeal of these remarkable coins.

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1932 Washington quarters: Historical Context

Introduced in 1932 to honor the bicentennial of George Washington’s birth, the Washington quarter replaced the Standing Liberty quarter. Designed by sculptor John Flanagan, the coin’s obverse features a right-facing profile of Washington, while the reverse showcases a heraldic eagle clutching arrows and an olive branch. The onset of the Great Depression led to reduced demand for new coinage, resulting in notably low mintages for the Denver (D) and San Francisco (S) mints.

1932 Washington quarters: Mintage and Rarity

The 1932 Washington quarters were minted across three locations, with the following production figures:

Mint Location Mintage Approximate Value (VG-8 Grade)
Philadelphia 5,404,000 $8
Denver (D) 436,800 $175
San Francisco (S) 408,000 $180

Note: Values are subject to change based on market conditions and coin preservation.

The Denver and San Francisco issues, each with mintages under 500,000, are particularly scarce, making them highly coveted among collectors.

1932 Washington quarters: Design Details

Flanagan’s design is noted for its clarity and elegance:

  • Obverse: Depicts George Washington’s profile facing right, accompanied by the inscriptions “LIBERTY” and “IN GOD WE TRUST.”
  • Reverse: Features a heraldic eagle perched on a bundle of arrows, with an olive branch beneath, encircled by “UNITED STATES OF AMERICA” and “QUARTER DOLLAR.”

1932 Washington quarters: Factors Influencing Value

Several elements contribute to the desirability and worth of the 1932-D and 1932-S quarters:

  • Limited Mintage: Their low production numbers enhance their scarcity.
  • Historical Significance: As inaugural issues of the Washington quarter series, they hold substantial historical value.
  • Condition: Coins in superior grades, especially those uncirculated, command premium prices.
  • Collector Demand: Recognized as key dates within the series, they are consistently sought after by numismatists.

1932 Washington quarters: Notable Auction Sales

These quarters have achieved impressive figures at auctions, particularly in exceptional grades:

  • 1932-D: A specimen graded MS66 by PCGS fetched $143,750 in 2008.
  • 1932-S: A PCGS MS66 example realized $45,500 in a 2020 online auction.

1932 Washington quarters: Collecting Tips

For enthusiasts aiming to acquire these numismatic treasures:

  1. Authentication: Due to their value, counterfeits exist. Purchasing coins certified by reputable grading services like PCGS or NGC is advisable.
  2. Grading Awareness: Understanding grading standards is crucial, as slight differences can significantly impact value.
  3. Market Insight: Staying informed about current market trends and recent auction outcomes aids in making informed purchasing decisions.

1932 Washington quarters: Significance in Numismatics

Beyond their monetary value, the 1932-D and 1932-S Washington quarters serve as tangible links to a pivotal era in U.S. history. Their rarity and the circumstances of their minting during the Great Depression add layers of intrigue and importance, making them prized possessions for both seasoned collectors and newcomers to the hobby.

In summary, these quarters are not merely pieces of currency but are artifacts that encapsulate historical narratives and the artistry of their time. Their enduring appeal continues to captivate the numismatic community, ensuring their status as cherished collectibles for generations to come.

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