Since the US Mint was founded in the late 1790s, it has been tasked with the production of all US coinage, and many currencies from other countries as well. In its 200+ year existence, the Mint has gained a name for itself around the world and is still known for producing some of the world’s finest coins.
The Washington Quarter was first produced in the 1930s and has continued to be produced up to today, but along the way the composition of the coin has changed a bit. This composition is what makes some Washington Quarters more valuable than others.
The Washington Quarter is one of the most iconic pieces of US coinage, and is especially collectible if it was produced during the early years of production. When it comes to any collectible coin, the most important aspect of the coin is the condition which it is in. The condition is always carefully analyzed by collectors because it is the well-preserved coins that sell for the highest prices.
Normally, you would send a coin away for grading by a professional company, but not everyone has the time and money to send their coins away. Because of this, we have provided below an outline of the characteristics that best describe coins of a certain grade.
Uncirculated: A Washington Quarter that is graded as being Uncirculated is one that never spent any time in circulation. These coins have been well-preserved over the years and appear to be in mostly pristine condition. Naturally, these are the coins that will bring in the most attention from collectors.
Extremely Fine: A coin that is graded as being Extremely Fine will closely resemble an Uncirculated coin, but under close inspection will show some signs of wear and tear. This wear will most likely be in the form of light scratching, but other than that the surfaces of these coins will be wholly intact.
Fine: This is the grade given to those Quarters that have been circulated fairly heavily, but have not incurred any type of major damage. The imagery and inscriptions on these coins will be able to be seen with the naked eye with ease, but the overall texture of the coin may have been worn down a bit.
Very Good: Coins graded to be Good are those that have been circulated more than any other. As a result, these coins have incurred a lot of damage, most of which is heavy in nature and able to clearly be seen with the naked eye. In fact, some of the coin’s imagery such as Washington’s profile image may be a bit difficult to make out on these coins.
When it comes to trying to price a Washington Quarter, there are a few things that you have to take into consideration. For one, the coin’s condition means everything. Because collectors are only wanting to add those well-preserved coins to their collections, the condition of the coin will be the first determinant of price. In fact, apart from condition there are not many other factors. The chart below will give you a better idea of what you might be asked to pay for a Washington Quarter given its condition and grade.
1932 Washington Quarter
|1932 Washington Quarter||N/A||$9||$11||$15|
|1932 Washington Quarter (D)||N/A||$190||$300||$400|
|1932 Washington Quarter (S)||N/A||$190||$275||$300||Source: Red Book|