Washington quarters have been part of American coinage since 1932, originally minted to honor the 200th birth anniversary of George Washington. While millions of these coins have circulated over the decades, only a handful possess unique qualities that make them extremely valuable. These rare Washington quarters, often characterized by minting errors, low production runs, or special compositions, can fetch astonishing prices at auctions. Some of these coins, despite being nearly a century old, may still be hiding in collections, old jars, or even pocket change.
Why Some Washington Quarters Are Extremely Valuable
The value of a Washington quarter depends on multiple factors including rarity, historical significance, minting errors, and overall condition. Coins produced in limited quantities or with unusual features tend to attract collectors. Additionally, early silver quarters minted before 1965 naturally have higher intrinsic value due to their silver content. Graded coins in mint or near-mint condition often command higher prices, especially if they belong to a scarce issue or include striking anomalies.
The 1932-D Washington Quarter
One of the most sought-after coins in the Washington quarter series is the 1932-D. This coin was struck in very limited numbers, making it a prized find for collectors. The Denver Mint produced fewer than half a million of these quarters. In excellent condition, the coin can fetch thousands of dollars, and in rare high-grade states, the value can reach extraordinary levels.
The 1932-S Washington Quarter
Similar to the 1932-D, the 1932-S quarter also has a low mintage. The San Francisco Mint produced fewer quarters this year, adding to the rarity. Collectors often look for this coin in uncirculated condition, where the value can rise drastically. A well-preserved example can easily become one of the most valuable pieces in a coin collection.
The 1943 Double Die Obverse Quarter
Double die errors are among the most exciting finds in numismatics because they often occur during the early stages of minting, affecting only a small number of coins. The 1943 double die obverse Washington quarter is known for its doubled lettering and features. This rare error makes it a standout coin, and collectors are willing to pay a premium for high-quality specimens.
The 1950-S Over S Quarter
Another fascinating mint error comes from 1950, when the San Francisco Mint accidentally produced an overpunched mintmark. The S over S variety shows a second S beneath the primary mintmark. These types of errors are particularly attractive to collectors due to their uniqueness and limited number. When discovered in high grade, this coin can reach significant values.
The 1934 Heavy Motto Quarter
Some 1934 quarters display a heavier Motto due to variations in die preparation. The phrase “In God We Trust” appears bolder and more pronounced, making it distinct from regular issues. Although not as rare as the 1932 issues, the 1934 Heavy Motto quarter still carries a strong premium, especially in excellent condition.
The 1942-D Over D Quarter
The 1942-D Over D is another example of a minting error that adds considerable value. This coin shows a second D mintmark beneath the primary, creating an unusual visual effect. Because only a limited number were released into circulation, collectors prize this variety. When found in near-perfect condition, it can command remarkably high prices.
The 1983 Washington Quarter (No Mintmark)
While most valuable quarters come from the early to mid-20th century, even modern examples can be worth significant amounts. The 1983 quarter is notable because many of the coins produced in this year lack overall high-quality strikes due to the economic environment at the time. As a result, well-preserved 1983 quarters or those with unusual features can be worth far more than face value. Although not as rare as other coins on this list, a pristine example can still catch the attention of collectors.
The 1964 SMS Washington Quarter
The 1964 Special Mint Set (SMS) Washington quarter is one of the most mysterious coins in the series. These coins were never officially released to the public in large quantities, and only a small number are known to exist. They have a sharp, satin-like finish and unique characteristics that differentiate them from regular issues. Because of their scarcity, they are among the most valuable Washington quarters ever found.
Key Highlights
- Washington quarters have been minted since 1932, with several rare varieties worth impressive amounts.
- The 1932-D and 1932-S are among the most valuable due to their low mintages.
- Error coins such as double dies, overpunched mintmarks, and unique die variations add significant value.
- The 1964 SMS quarter remains one of the rarest and most mysterious Washington quarters.
- High-grade, well-preserved specimens can reach values up to $50,700 or more at auctions.
- Even modern quarters may hold value if rare features or exceptional condition are present.
Final Words
Collecting Washington quarters can be both exciting and rewarding, especially when rare varieties surface. Many of these coins hold substantial historical value and provide insight into early American minting practices. Whether you are an experienced collector or someone just discovering the hobby, keeping an eye out for these rare coins can lead to surprising findings. With some quarters valued as high as $50,700, it is worth checking old collections, coin rolls, or inherited items. A simple coin in your possession could turn out to be a valuable treasure.
