This was the first year that Washington quarters were minted. These 1932 quarters have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.

1932 Quarter

Specifications

Type: Washington Quarter
Year: 1932
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: 5.62 grams
Total Weight: 6.25 grams
Current Silver Bullion Value: $3.22

The US minted the 1932 quarter with no mint mark and also the 1932 D quarter and 1932 S quarter. The mint mark can be found on the reverse side of the coin.

Series Location Quantity Minted
1932 Philadelphia 5,404,000
1932 D Denver 436,800
1932 S San Francisco 408,000

Value

The value in circulated condition is worth at least its weight in silver. The scrap silver value for this coin is $3.22 as of September 19, 2019. This scrap value is calculated from the current silver spot price of $17.83 per ounce.

The 1932 quarters with no mint mark have some numismatic value, although not nearly as much as the 1932 D or 1932 S quarters. In very good to fine condition each quarter is valued at around $7. In uncirculated condition the value is around $40-50 for each coin.

The 1932 D and 1932 S quarters each have low mintages and so they carry a lot of numismatic value- especially in uncirculated condition. In fair condition each coin is valued at around $6-9. In very good to fine condition the value can fetch around $40-50 per coin. The price is around $200 per coin in about uncirculated condition, and around $500 per coin in uncirculated condition.


See also:

1934 Quarter