How Much Is a 1932 S Washington Quarter Worth Today?

By Thomas

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The 1932 S Washington Quarter is one of the most wanted coins in U.S. coin collecting. It’s known as a key date because it was made in small numbers and marks the first year of the Washington quarter series.

This coin was made at the San Francisco Mint and is special because it honors George Washington’s 200th birthday.

History of the 1932 S Washington Quarter

In 1932, the U.S. Mint made a new coin to celebrate George Washington’s 200th birthday. It replaced the Standing Liberty Quarter.

  • Obverse (Front): Features George Washington’s face, based on a sculpture by Jean-Antoine Houdon and designed by John Flanagan.
  • Reverse (Back): Shows an eagle holding arrows with olive branches, meaning peace and strength.

Important Details About the 1932 S Washington Quarter

Here are the key facts about this rare coin:

FeatureDetails
Mint MarkS (San Francisco)
Mintage408,000 coins
Metal Content90% Silver, 10% Copper
Weight6.25 grams
Diameter24.30 mm
EdgeReeded (lines on the side)
DesignerJohn Flanagan

How Much Is the 1932 S Washington Quarter Worth?

Because of its low mintage and age, this coin is very valuable, especially in high condition. Here’s a guide based on its grade (condition):

GradeEstimated Value
Good (G-4)$60–$65
Fine (F-12)$100–$110
Extra Fine (XF-40)$125–$135
Uncirculated (MS-60)$350 and up
Gem Mint State (MS-65)$45,500 (record price)

Why Is the 1932-S Quarter So Rare?

Several reasons make this coin hard to find:

  • Low Mintage: Only 408,000 were made—the second-lowest in the series.
  • Great Depression: Many coins were used a lot during this tough time, so high-grade ones are hard to find.
  • Popular with Collectors: It’s the first year of the Washington quarters, so everyone wants one!

Collector Tips

Here are tips to help you buy or own a 1932-S quarter safely:

  • Check the Mint Mark: Look for the small “S” between the olive branches on the back.
  • Get It Graded: Use trusted grading services like PCGS or NGC to check if it’s real.
  • Watch for Fakes: Some counterfeits exist, so always buy from trusted sellers.
  • Look for Eye Appeal: Coins with nice shine or toning are more valuable.

Conclusion

The 1932 S Washington Quarter is more than just a coin—it’s a piece of U.S. history. Because it was the first year of the series, was made in small numbers, and has collector demand, it’s one of the most important coins in American numismatics. Whether you collect coins for fun or investment, this quarter is a must-have if you can find one.

Frederick Douglass Institute

FAQ’s

Why is the 1932-S Washington Quarter so valuable?

Because it has a low mintage of only 408,000 coins and is a first-year issue, making it a key date in the series.

Where is the mint mark on a 1932-S Washington Quarter?

The “S” mintmark is located on the reverse (back) between the olive branches under the eagle.

How do I know if my 1932-S quarter is real?

Always have it authenticated and graded by trusted services like PCGS or NGC to ensure it’s genuine and in the right condition.


Disclaimer- We are committed to fair and transparent journalism. Our Journalists verify all details before publishing any news. For any issues with our content, please contact us via email. 

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