The 1930s was a turbulent decade marked by the Great Depression, but it was also a fascinating period for coin collectors. Despite economic hardships, the U.S. Mint continued producing coins with unique designs and limited mintages that now make them valuable collectibles. Coins from this era are especially prized for their historical significance and rarity. Here are seven coins from the 1930s that are worth a lot of money today.
1. 1932-D Washington Quarter
- Why It’s Valuable: The Washington Quarter debuted in 1932 to commemorate George Washington’s 200th birthday. That year, the Denver Mint produced only 436,800 of these coins, making the 1932-D one of the lowest-mintage quarters in the series.
High-grade examples of the 1932-D can sell for over $10,000 at auction. Even coins in lower grades command significant premiums, thanks to their scarcity and the popularity of the Washington Quarter series.
2. 1931-S Lincoln Cent
- Why It’s Valuable: The 1931-S Lincoln Cent is another coin with a low mintage, with only 866,000 produced. During the Great Depression, the demand for new coins was reduced, leading to lower production numbers.
This penny is highly sought after by collectors, especially in Mint State Red condition, where it can sell for thousands of dollars. The 1931-S is a key date in the Lincoln Cent series and remains a prized addition for coin enthusiasts.
3. 1936-D Buffalo Nickel (3½-Legged Variety)
- Why It’s Valuable: The Buffalo Nickel is a classic American coin, and the 1936-D Buffalo Nickel with the 3½-legged variety is particularly rare. This error occurred when part of the bison’s front leg was accidentally ground off during the die-polishing process.
Collectors value this coin for its unique flaw and limited availability. A well-preserved 1936-D 3½-Legged Buffalo Nickel can fetch prices exceeding $15,000, depending on its condition.
4. 1934 Peace Dollar (Double Die Reverse)
- Why It’s Valuable: The 1934 Peace Dollar is notable for its design and low mintage during the later years of the Peace Dollar series. However, the Double Die Reverse (DDR) variety is what makes this coin exceptionally valuable.
Collectors can spot the doubling on the word “ONE” and “PEACE” on the reverse. High-grade examples of this variety can sell for more than $10,000, while circulated coins with the DDR error still command strong premiums.
5. 1937-D Buffalo Nickel (3-Legged Variety)
- Why It’s Valuable: The 3-Legged Buffalo Nickel, minted in Denver in 1937, is one of the most famous error coins in U.S. history. Like the 1936-D 3½-legged variety, this error was caused by over-polishing the die, which resulted in the bison appearing to have only three legs.
This variety is highly sought after by collectors and can sell for tens of thousands of dollars in higher grades. Even worn examples of this iconic error can fetch several thousand dollars.
6. 1932–S Washington Quarter
- Why It’s Valuable: Like its Denver counterpart, the 1932-S Washington Quarter was minted in small quantities, with only 408,000 produced. Its scarcity, combined with its role as a first-year issue of the Washington Quarter series, makes it a valuable coin.
Coins in high grades, such as MS-65, can sell for over $10,000, while even circulated examples are prized by collectors seeking to complete their sets.
Conclusion
Coins from the 1930s are a treasure trove for collectors, offering a mix of historical significance, low mintages, and fascinating errors. Whether it’s the elusive 1931-S Lincoln Cent or the legendary 1933 Saint-Gaudens Double Eagle, these coins continue to captivate numismatists and investors alike. If you have coins from this decade in your collection, it’s worth taking a closer look—they might just be worth a fortune.
FAQs
1. How can I identify a 1937-D 3-Legged Buffalo Nickel?
The missing front leg is obvious on the bison’s design. Use magnification to confirm other diagnostics like over-polishing marks.
2. Why are 1932 quarters valuable?
The 1932-D and 1932-S Washington Quarters have extremely low mintages, making them rare and valuable to collectors.
3. Are coins from the Great Depression era worth collecting?
Yes, many coins from the 1930s are valuable due to low mintages and unique errors, making them prized items for collectors.