1932-S Washington Quarter (Silver) Value
In the current market, a 1932-S Washington Quarter (Silver) changes hands for roughly $50.50 at the low end and $7,013 at the top; 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.
1932-S Washington Quarter (Silver) value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $6.60 |
| Good (G-4) | $50.50 to $74.50 |
| Very Good (VG-8) | $73.00 to $107 |
| Fine (F-12) | $107 to $157 |
| Very Fine (VF-20) | $168 to $248 |
| Extremely Fine (XF-40) | $281 to $413 |
| About Uncirculated (AU-50) | $477 to $701 |
| Mint State (MS-60) | $842 to $1,238 |
| Choice Unc (MS-63) | $1,571 to $2,310 |
| Gem Unc (MS-65) | $4,769 to $7,013 |
Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.
What is the 1932-S Washington Quarter (Silver) selling for today?
In worn but collectible condition (Good-4), a 1932-S Washington Quarter (Silver) starts around $50.50. From there, value climbs with every grade step: a gem Mint State example (MS-65) can reach $7,013. Most coins found in old collections fall somewhere between Very Fine and About Uncirculated, the middle rows of the table above.
1932-S Washington Quarter (Silver) specifications
- Series
- Washington Quarter (Silver)
- Year
- 1932
- Mint mark
- S
- Mintage
- 408,000
- 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)?
On a 1932-S Washington Quarter (Silver), the "S" mint mark of the San Francisco Mint sits on the reverse, below the wreath between the olive branches (1932-1964). A loupe helps: on worn examples the letter can fade into the surrounding devices.
What makes the 1932-S Washington Quarter (Silver) valuable
The 90% silver composition gives a 1932-S Washington Quarter (Silver) 0.1808 oz of precious metal ($6.60 at current spot). Bullion demand alone supports the bottom of its price range.
The San Francisco Mint struck a mere 408,000 examples. That tiny output put the 1932-S Washington Quarter (Silver) on every want list in the hobby, and key-date pressure shows in its prices across the entire grade spectrum.
Context adds the final layer to the 1932-S Washington Quarter (Silver). Its very availability makes the silver Washington a favorite entry point: a date run from 1941 is achievable on a modest budget, while early Denver issues in true Mint State remain condition rarities. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.
Summary: the 1932-S Washington Quarter (Silver) is valued between $50.50 and $7,013 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.