1932-D Washington Quarter (Silver) Value

Depending on how well it survived, a 1932-D Washington Quarter (Silver) brings anywhere from $90.00 to $17,000; the melt floor under every example is $6.60 (spot prices as of 2026-06-01) Certified examples in top grades can run far higher.

193225 CENTS25 CENTS
Illustrative rendering. Photographs of this date are being added.

1932-D Washington Quarter (Silver) value by grade

1932-D Washington Quarter (Silver) value by grade
GradeEstimated value
Melt value floor(metal content, 2026-06-01)$6.60
Good (G-4)$90.00 to $125verified
Very Good (VG-8)$110 to $150verified
Fine (F-12)$140 to $190verified
Very Fine (VF-20)$190 to $260verified
Extremely Fine (XF-40)$300 to $420verified
About Uncirculated (AU-50)$550 to $750verified
Mint State (MS-60)$1,100 to $1,500verified
Choice Unc (MS-63)$2,200 to $3,000verified
Gem Unc (MS-65)$12,000 to $17,000verified

Estimated retail range, updated 2026-06-15. Rows marked verified reflect dealer retail listings; the rest are model estimates from mintage rarity and metal content. Actual sale prices vary with certification, eye appeal and market timing.

How much is a 1932-D Washington Quarter (Silver) worth today?

Start with $90.00 for a heavily circulated 1932-D Washington Quarter (Silver) and work upward. Lightly circulated 1932 examples occupy the middle of the range, while true gems approach $17,000. If your coin has no wear on the high points, it deserves a closer look or a professional opinion.

1932-D Washington Quarter (Silver) specifications

Series
Washington Quarter (Silver)
Year
1932
Mint mark
D
Mintage
436,800
Composition
90% silver, 10% copper
Weight
6.25 g
Diameter
24.3 mm
Edge
Reeded
Designer
John Flanagan
Silver content
0.18084 troy oz

Mintage figure: US Mint reports (approximate).

Where is the mint mark on a 1932 Washington Quarter (Silver)?

To confirm your 1932 coin is the Denver issue, find the small "D". On the reverse, below the wreath between the olive branches (1932-1964) The mark is small, so tilt the coin under a light if it is not obvious.

The value drivers behind this coin

With a mintage of just 436,800, the 1932-D Washington Quarter (Silver) is one of the celebrated key dates of the Washington Quarter (Silver) series. Survivors are scarce in every grade, and demand from series collectors keeps prices firm year after year.

The 90% silver composition gives a 1932-D Washington Quarter (Silver) 0.1808 oz of precious metal ($6.60 at current spot). Bullion demand alone supports the bottom of its price range.

Few series carry the following that supports the 1932-D Washington Quarter (Silver). Struck for the bicentennial of George Washington's birth, John Flanagan's quarter was meant as a one-year commemorative, but it replaced the Standing Liberty design permanently in 1932 and, in clad form, remains in pockets today. A coin that thousands of collectors are actively assembling into sets never lacks for a market.

Summary: the 1932-D Washington Quarter (Silver) is valued between $90.00 and $17,000 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.