Lot 855
1932-D Washington Quarter Dollar. PCGS graded MS-64. Here is an excellent example of this key date from the Washington Quarter series. Struck during the depths of the Great Depression, mintages plunged and few were saved. In this particular case, only 436,000 were coined, less than the more famous 1909-S V.D.B. Lincoln cent! Most of the quarters entered circulation, and few could afford to save them. Today, we note that PCGS has graded just 193 this high, with just 35 graded as MS-65, and remarkably only a single coin graded higher, that being a superb MS-66 which sold for $88,000 or so in the 2001 ANA sale at Heritage Numismatic Auctions. In particular, the Benson coin boasts deep gold toning around the obverse forming an irregular circle near the edge, and white at the rim on the obverse, while the reverse has hazy gray toning with some light streaks. Excellent surfaces throughout, and most collectors could easily live with this coin in a gem collection. Expect a strong price when this one crosses the block.
Estimated Value $1,500 - 2,000.
From the Benson collection and purchased from Ira S. Reed on June 15, 1944 as part of a set from 1932-1943-D for $27.00.
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| Realized $7,475 |
