When you ask someone about condition rarities in the Washington quarter series the easiest one to mention, the one that first comes to mind of course is the 1936 D. However, there are a few others, the 34 D, the 35 D, and the 37 S are also right up there. Following those coins, the 1940 D is fifth on the list. That is not to say that it is easy by any stretch of the imagination. At most medium shows you might find one or two in AU to UNC and really have to either be lucky or go to a massive show to find them with any kind of regularity. Here is a 1940 D out of a Wayte Raymond album from back in the day. It has beautiful rust fading to red target toning. Now toning sometimes covers up imperfections in coins, however on this coin the toning actually highlights the center of the coin, where marks would be the most distracting. With all that in mind, share your thoughts on this one.
