PCGS: The Standard for the Rare Coin Industry

1932-S 25C (Regular Strike)

Series: Washington Quarters 1932-1964

PCGS MS66

PCGS MS66

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PCGS MS66

PCGS MS66

PCGS MS65+

PCGS MS65+

PCGS #:
5792
Designer:
John Flanagan
Edge:
Reeded
Diameter:
24.30 millimeters
Weight:
6.30 grams
Mintage:
408,000
Mint:
San Francisco
Metal:
90% Silver, 10% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 40,000 R-2.6 7 / 93 7 / 93
60 or Better 12,000 R-2.9 12 / 93 TIE 12 / 93 TIE
65 or Better 500 R-6.0 6 / 93 TIE 6 / 93 TIE
Survival Estimate
All Grades 40,000
60 or Better 12,000
65 or Better 500
Numismatic Rarity
All Grades R-2.6
60 or Better R-2.9
65 or Better R-6.0
Relative Rarity By Type All Specs in this Type
All Grades 7 / 93
60 or Better 12 / 93 TIE
65 or Better 6 / 93 TIE
Relative Rarity By Series All Specs in this Series
All Grades 7 / 93
60 or Better 12 / 93 TIE
65 or Better 6 / 93 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS66 PCGS grade  PCGS #5792 (MS)     66

David Poole Collection - Heritage 1/2013:5606, $35,250

1 MS66 PCGS grade
1 MS66 PCGS grade
1 MS66 PCGS grade PCGS #5792 (MS)     66

 High Desert Collection (PCGS Set Registry)

5 MS65+ PCGS grade PCGS #5792 (MS)     65+
5 MS65+ PCGS grade
5 MS65+ PCGS grade
5 MS65+ PCGS grade
5 MS65+ PCGS grade
5 MS65+ PCGS grade
 PCGS #5792 (MS)     66 #1 MS66 PCGS grade

David Poole Collection - Heritage 1/2013:5606, $35,250

#1 MS66 PCGS grade
#1 MS66 PCGS grade
PCGS #5792 (MS)     66 #1 MS66 PCGS grade

 High Desert Collection (PCGS Set Registry)

PCGS #5792 (MS)     65+ #5 MS65+ PCGS grade
#5 MS65+ PCGS grade
#5 MS65+ PCGS grade
#5 MS65+ PCGS grade
#5 MS65+ PCGS grade
#5 MS65+ PCGS grade
David Hall:

The 1932-S is the lowest mintage (408,000) of the entire Wastington quarter series, and along with its 1932-D counterpart, it is one of the most in-demand key dates of the 20th century. This is a coin that has been sought after in all grades since the 1950s. Interestingly, though the 1932-S and 1932-D are virtually the same rarity in circulated grades, mint state 1932-Ds are nearly twice as rare as 1932-Ss. Nonetheless, an Uncirculated 1932-S Washington quarter is a great coin and gem MS65s are quite rare.

There are a lot of "sliders," coins with slight rub on the high points. Truly mint state examples, with full original luster and no rub, are what you want. Most 1932-S quarters are well struck. Luster on true mint state coins is typically subdued. Many examples are toned, some are attractive, and some not so. Eye appeal is definitely an issue with this key date.

Ron Guth:

According to a notice in the June 1934 issue of The Numismatist (p. 416), collectors could still purchase Uncirculated 1932-S Quarter Dollars directly from the U.S. Treasury for "the face value of the coins and an amount sufficient to cover the mail charrges by first-class mail."