1932-D Washington Quarter Found In Old Album – Valued At $10,000
A remarkable discovery has stirred excitement among numismatists: a 1932-D Washington Quarter, unearthed from an old coin album, has been appraised at approximately $10,000.
This find underscores the enduring allure of rare coins and the potential treasures hidden in personal collections.
Origins of the 1932-D Washington Quarter
The 1932-D Washington Quarter holds a special place in American coinage history. Introduced to commemorate the 200th anniversary of George Washington’s birth, this coin marked the beginning of the Washington quarter series.
Minted in Denver, the 1932-D had a notably low production run, making it one of the most sought-after quarters among collectors.
Key Details and Valuation
The value of a 1932-D Washington Quarter is influenced by its condition, rarity, and demand among collectors. Coins in better condition, especially those uncirculated or with minimal wear, command higher prices.
| Feature | Details |
|---|---|
| Year of Issue | 1932 |
| Mint Location | Denver (D) |
| Mintage | 436,800 coins |
| Composition | 90% Silver, 10% Copper |
| Diameter | 24.3 mm |
| Weight | 6.25 grams |
| Designer | John Flanagan |
| Estimated Value | Up to $10,000, depending on condition |
Factors Influencing Value
Several factors contribute to the high valuation of the 1932-D Washington Quarter:
- Low Mintage: With only 436,800 coins produced, it’s one of the lowest mintages in the Washington quarter series.
- Historical Significance: As the inaugural coin of the Washington quarter series, it holds historical importance.
- Condition: Coins in mint or near-mint condition (graded MS65 or higher) are especially valuable.
- Market Demand: The coin’s rarity and significance drive strong demand among collectors.
Recent Market Trends
The coin market has seen notable sales of the 1932-D Washington Quarter:
- A specimen graded MS65 sold for $6,600 in June 2018 .
- Another example fetched $9,900 in a subsequent auction, reflecting increasing demand .
- The highest recorded sale was an MS66 grade coin that achieved $143,750 at auction .
The discovery of a 1932-D Washington Quarter in an old album serves as a compelling reminder of the hidden treasures that may reside in personal collections.
Its combination of historical significance, rarity, and collector demand culminates in its impressive valuation.
For enthusiasts and collectors alike, this coin represents a tangible connection to America’s numismatic heritage.
FAQs
How can I determine the value of my 1932-D Washington Quarter?
The value depends on the coin’s condition, rarity, and current market demand. Consulting a professional coin grading service or a reputable dealer can provide an accurate assessment.
What does the ‘D’ mint mark signify on the 1932-D Washington Quarter?
The ‘D’ mint mark indicates that the coin was minted at the Denver Mint.
Why is the 1932-D Washington Quarter so valuable?
Its value stems from its low mintage, historical significance as the first in the Washington quarter series, and high demand among collectors.