Price Guide for 1932 Quarter Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $20.00 – $2,645.00Uncirculated: $12.00 – $143,750.00
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eBayCirculated: $16.50 – $1,183.00Uncirculated: $300.00 – $25,500.00
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PCGS Price GuideCirculated: $70.00 – $875.00Uncirculated: $1,100.00 – $85,000.00
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3rd Party PriceCirculated: $18.00 – $3,450.00Uncirculated: $8.00 – $45,500.00
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eBayCirculated: $20.50 – $659.00Uncirculated: $95.00 – $39,950.00
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PCGS Price GuideCirculated: $65.00 – $350.00Uncirculated: $415.00 – $46,000.00
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3rd Party PriceCirculated: $9.00 – $604.00Uncirculated: $1.40 – $40,250.00
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eBayCirculated: $4.00 – $1,100.00Uncirculated: $10.00 – $9,500.00
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PCGS Price GuideCirculated: $11.00 – $34.00Uncirculated: $36.00 – $15,000.00
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3rd Party PriceCirculated: $69.00 – $144.00Uncirculated: $37.00 – $3,055.00
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eBayCirculated: $62.63 – $134.05Uncirculated: $86.01 – $569.99
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PCGS Price GuideCirculated: $16.00 – $155.00Uncirculated: $185.00 – $3,600.00
Design and Specifications of the 1932 Quarter
The 1932 Washington Quarter marked the beginning of a new era in American coinage. Introduced to commemorate the 200th anniversary of George Washington’s birth, this coin replaced the Standing Liberty Quarter. It was the first U.S. coin to feature a president as the main design element, setting a precedent for future coinage.
The Great Depression was in full swing during this time, which significantly impacted coin production and circulation. Despite initial plans for continued production, no quarters were minted in 1933 due to economic conditions, making the 1932 issue particularly significant.
| Weight | 6.25 grams |
|---|---|
| Diameter | 24.3 mm |
| Mint Marks | D, P, S |
| Composition | 90% silver, 10% copper |
| Obverse Design | Portrait of George Washington, designed by John Flanagan |
| Reverse Design | Eagle with wings spread, designed by John Flanagan |
Rarity Factors and Value Drivers
The condition of 1932 Washington Quarters significantly impacts their value, especially for the rare Denver and San Francisco issues. Coins in uncirculated condition (MS60 and above) are highly sought after and command substantial premiums.
Strike quality is particularly important for this first year of issue, with well-struck examples being more desirable. Luster plays a crucial role, with coins retaining their original mint luster being highly prized. Toning can also add to the value, with attractively toned specimens often commanding higher prices among collectors.
Mintage: 5,404,000
Rarity Scale: Scarce
Circulation Status: Moderate Circulation
Preservation Rarity: Rare in grades MS65 and above
Varieties Errors: None significant
Market Demand: High, due to first year of issue and historical significance
Mintage: 436,800
Rarity Scale: Rare
Circulation Status: Limited Circulation
Preservation Rarity: Very rare in grades MS65 and above
Varieties Errors: None significant
Market Demand: High, due to low mintage and key date status
Mintage: 408,000
Rarity Scale: Rare
Circulation Status: Limited Circulation
Preservation Rarity: Very rare in grades MS65 and above
Varieties Errors: None significant
Market Demand: High, due to low mintage and key date status
Several factors contribute to the value of 1932 Washington Quarters:
1. First year of issue: As the inaugural year of the Washington Quarter series, all 1932 issues are inherently collectible.
2. Low mintages: Particularly for the D and S mint marks, the low production numbers make these coins rare and valuable.
3. Historical significance: The coin’s connection to the bicentennial of Washington’s birth adds to its appeal.
4. Economic context: The Great Depression’s impact on coin production makes this year particularly interesting to collectors and historians.
5. Preservation: Due to their age and circulation, high-grade examples are scarce, making them especially valuable to collectors seeking to complete high-grade sets.
