Not all quarters are valuable, so there are a couple of sets that, if in excellent condition, can fetch up to $140,000 for sale
If you are one of those who keeps coins at home, in your wallet or purse without giving much importance to their value, it is time for you to take another look, because you could be sitting on a real fortune . A clear example is the 25 cent coins, known as Washington Quarters, whose value has skyrocketed, even up to $140,000 dollars, but not all coins of this type have a high value, only some and we will tell you which ones.
Quarters minted in 1932, specifically the 1932-D and 1932-S , can fetch astronomical amounts, potentially earning you hundreds of thousands of dollars.
The value of these coins is not random. Collectors and numismatic specialists value coins for several reasons . First, for their rarity or some unique feature that makes them stand out. Then, for their state of preservation, since the better the coin is, the higher its price will be.
Finally, the mint, or the place where the coin was minted, also plays a crucial role in determining its value. 1932 Washington Quarter coins, especially those from Denver and San Francisco, are among the most sought after.
1932-D 25 cent coin
Particularly sought after by collectors are the 1932 Washington Quarter coins minted in Denver (marked “D”). These coins, which were made of 90% silver , were designed by sculptor John Flanagan and feature the likeness of George Washington, the first president of the United States.
Although approximately 436,000 of these coins were minted, their value has increased considerably over the years. At a 2020 auction, one of these coins fetched an impressive $45,000. However, there is one example that sold for $143,750 , which demonstrates the level of demand for them. The key to this coin reaching such sums lies in its state of preservation and its rarity.
1932-S 25 cent coin
On the other hand, 1932 Washington Quarter coins minted in San Francisco (with the letter “S”) are also very valuable, although a bit less common than the Denver ones. It is estimated that only 200 1932-S coins are in the MS65 category, which means they are in near-perfect condition. These particular coins could fetch prices of up to $3,000 .
As for the quantity minted, it is known that around 408,000 1932-S coins were produced. Like the Denver coins, these coins are made of 90% silver and 10% copper , before their compositions were changed in 1965 to copper-clad cupro-nickel. The mint mark (S) appears on the obverse of the coin, below the date, making it easily identifiable.
The 1932 Washington Quarters are notable not only for their precious metal composition, but also for their low mintage . Due to their scarcity, coupled with the fact that some of them are in near-mint condition, their value has increased considerably over the years.
It is important to note that not all 1932 quarters are worth this much. Only those minted in Denver and San Francisco in exceptional condition are the ones that command the highest prices.
If you have a 1932 quarter, check carefully to see if it belongs to one of these two mints. If so, and it is in good condition, you could be holding a collectible that could change your life .
