AboutMyCoin1932-D Washington Quarter
A 1932-D Washington quarter is the key date of the series: 436,800 were struck in the first year of issue, it is 90% silver with 0.1808 troy ounces in it, and even a heavily worn example is worth many times its metal.
Silver melt value
$11.64
0.1808 troy oz silver × $64.38 per troy ounce
$64.38/ozt, based on spot prices at 23 September 2026 19:59 UTC
Melt value is what the silver is worth, not necessarily what you can sell it for. But it's a good baseline.
Coin info
- Year
- 1932
- Composition
- 90% silver, 10% copper
- Weight
- 6.25 g
- Diameter
- 24.3 mm
- Silver content
- 0.1808 troy oz
- Face value
- $0.25
- Denomination
- Quarter
- Mint mark
- D
- Minted at
- Denver (D)
- Country
- United States
- Obverse
- George Washington, facing left
- Reverse
- Heraldic eagle, wings spread, on a bundle of arrows
- Edge
- Reeded
Is it worth more than melt?
Yes — substantially.
Key dateMintage: 436,800
| Grade | Value range (USD) |
|---|---|
| Poor (PO-1) | |
| Fair (FR-2) | |
| About Good (AG-3) | $50 – $75 |
| Good (G-4) | $70 – $125 |
| Good (G-6) | |
| Very Good (VG-8) | $80 – $145 |
| Very Good (VG-10) | |
| Fine (F-12) | $84 – $150 |
| Fine (F-15) | $100 – $150 |
| Very Fine (VF-20) | $130 – $205 |
| Very Fine (VF-25) | |
| Very Fine (VF-30) | $165 – $210 |
| Very Fine (VF-35) | |
| Extremely Fine (XF-40) | $205 – $260 |
| Extremely Fine (XF-45) | |
| About Uncirculated (AU-50) | $350 – $460 |
| About Uncirculated (AU-53) | |
| About Uncirculated (AU-55) | |
| About Uncirculated (AU-58) | $500 – $600 |
| Mint State (MS-60) | $1,000 – $1,260 |
| Mint State (MS-61) | |
| Mint State (MS-62) | $960 – $1,340 |
| Mint State (MS-63) | $1,700 – $1,850 |
| Mint State (MS-64) | $2,200 – $2,900 |
| Mint State (MS-65) | $16,200 – $29,500 |
| Mint State (MS-66) | $64,500 – $145,000 |
| Mint State (MS-67) | |
| Mint State (MS-68) | |
| Mint State (MS-69) | |
| Mint State (MS-70) |
A blank in the value column is a grade this site has not researched, not a grade the coin is worth nothing in.
From sales and public data. Figure occasionally updated. Not an appraisal or declaration of worth or value.
The Washington quarter series
Washington quarters dated 1932 to 1964 are 90% silver and worth many times face value; those dated 1965 and later are copper-nickel clad and worth twenty-five cents, apart from the silver proofs sold in collector sets since 1992.
- Struck
- 1932–present
- Designer
- John Flanagan
- Key dates
- 1932-D, 1932-S
The metal changed mid-series, so the date decides the metal and the metal decides most of the value.
| Years | Composition | Filed under |
|---|---|---|
| 1932–1964 | 90% silver, 10% copper | Silver ← this coin |
| 1965–1998 | Copper-nickel clad over a copper core | Clad |
| 1999–2021 | Copper-nickel clad over a copper core | Clad |
| 2022–present | Copper-nickel clad over a copper core | Clad |
Other years
2023-D Washington Quarter
A 2023-D Washington quarter was struck at Denver, is copper-nickel clad over a copper core with no silver in it at all — the same metal, and the same value, as a 2023-P.
2023-S Uncirculated Washington Quarter
A 2023-S uncirculated Washington quarter is copper-nickel clad over a copper core with no silver in it at all and was sold by the Mint in rolls and bags rather than released into circulation, so the 2,517,440 struck were all bought by collectors.
2023-P Washington Quarter
A 2023-P Washington quarter was struck at Philadelphia, is copper-nickel clad over a copper core with no silver in it at all — the same metal, and the same value, as a 2023-D.
2024-D Washington Quarter
A 2024-D Washington quarter was struck at Denver, is copper-nickel clad over a copper core with no silver in it at all — the same metal, and the same value, as a 2024-P.
2024-S Uncirculated Washington Quarter
A 2024-S uncirculated Washington quarter is copper-nickel clad over a copper core with no silver in it at all and was sold by the Mint in rolls and bags rather than released into circulation, so the 2,867,720 struck were all bought by collectors.
2024-P Washington Quarter
A 2024-P Washington quarter was struck at Philadelphia, is copper-nickel clad over a copper core with no silver in it at all — the same metal, and the same value, as a 2024-D.
2025-D Washington Quarter
A 2025-D Washington quarter was struck at Denver, is copper-nickel clad over a copper core with no silver in it at all — the same metal, and the same value, as a 2025-P.
2025-S Uncirculated Washington Quarter
A 2025-S uncirculated Washington quarter is copper-nickel clad over a copper core with no silver in it at all and was sold by the Mint in rolls and bags rather than released into circulation, so the 2,033,080 struck were all bought by collectors.
2025-P Washington Quarter
A 2025-P Washington quarter was struck at Philadelphia, is copper-nickel clad over a copper core with no silver in it at all — the same metal, and the same value, as a 2025-D.
The added mint mark, and why this date is the one to have checked
Denver struck 436,800 quarters in 1932 and Philadelphia struck 5,404,000, which are the same coin apart from one letter on the reverse. That gap is the whole counterfeiting problem: a common 1932 quarter costs a few dollars, a D glued into the space below the wreath costs nothing, and the result is worth a hundred times the donor coin at the lowest grade on the ladder.
A genuine D was punched into the die, so it sits flush in the field with the same surface and the same wear as the metal around it. An added one sits on top, often with a seam, a colour difference or tool marks around its edge, and it is frequently the wrong shape or in the wrong place by a fraction of a millimetre. This is the reason every figure on this page is quoted for a certified coin: at these prices a raw 1932-D is not a coin, it is a question.
Not an appraisal. AboutMyCoin estimates from published specifications and does not authenticate or grade coins.