Collectors and investors alike are always on the lookout for rare coins that hold significant value.
Among these, certain 1930s Washington quarters stand out, not just for their historical significance but also for their impressive market values.
Here, we delve into four such quarters from the 1930s that have fetched over $10,000 each, highlighting their unique features and the reasons behind their high valuations.
1. 1932-D Washington Quarter
- Mintage: 436,800
- Composition: 90% silver, 10% copper
- Notable Features: First year of the Washington quarter series; low mintage
- Value: In Mint State 65 (MS65) condition, this coin has been valued at approximately $10,000. Exceptional specimens have sold for even higher amounts, with one MS66 example fetching $143,750 at auction.
The 1932-D quarter is highly sought after due to its low mintage and status as the inaugural coin of the Washington quarter series. Its scarcity in high grades makes it a prized possession for collectors.
2. 1932-S Washington Quarter
- Mintage: 408,000
- Composition: 90% silver, 10% copper
- Notable Features: First year of the Washington quarter series; low mintage
- Value: In MS65 condition, this coin can be valued around $5,500, with higher grades commanding even more.
Similar to its Denver counterpart, the 1932-S quarter’s low mintage and historical significance contribute to its high value, especially in uncirculated conditions.
3. 1934 Doubled Die Obverse (DDO) Washington Quarter
- Mintage: 31,912,052 (Philadelphia Mint)
- Composition: 90% silver, 10% copper
- Notable Features: Doubled die error on the obverse
- Value: Depending on the coin’s condition, values can range from $1,100 to $5,000.
The 1934 DDO quarter is notable for its minting error, where the obverse design elements appear doubled. Such errors are rare and highly valued by collectors.
4. 1937 Doubled Die Obverse (DDO) Washington Quarter
- Mintage: 19,696,000 (Philadelphia Mint)
- Composition: 90% silver, 10% copper
- Notable Features: Doubled die error on the obverse
- Value: High-grade examples have been valued between $2,800 and $13,500.
Like the 1934 DDO, the 1937 DDO quarter features a noticeable doubling on the obverse, making it a rare and valuable find, especially in mint state conditions.
| Year | Mint Mark | Notable Feature | Estimated Value (High Grade) |
|---|---|---|---|
| 1932 | D | Low mintage | $10,000+ |
| 1932 | S | Low mintage | $5,500+ |
| 1934 | None | Doubled Die Obverse | $1,100 – $5,000 |
| 1937 | None | Doubled Die Obverse | $2,800 – $13,500 |
The 1930s produced some of the most valuable and sought-after Washington quarters, with certain coins fetching over $10,000 due to their rarity, minting errors, and historical significance.
Collectors should pay close attention to mint marks, coin conditions, and unique features like doubled die errors when evaluating these coins.
Proper authentication and grading can significantly impact a coin’s value, making it essential for collectors to consult with reputable numismatic experts.
FAQs
How can I identify a doubled die obverse on a Washington quarter?
A doubled die obverse (DDO) can be identified by examining the coin’s obverse for signs of doubling on the inscriptions or design elements. Using a magnifying glass or loupe can help detect these features.
Why are 1932-D and 1932-S quarters more valuable than others?
Both the 1932-D and 1932-S quarters had significantly lower mintages compared to other years, making them rarer and more desirable to collectors, especially in higher grades.
Where can I get my Washington quarter appraised?
You can have your coin appraised by professional numismatists or reputable coin dealers. Organizations like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC) offer grading and authentication services.