Expect only common values with only those MS-63 or higher with nominally higher pricing. This table and charts use the earliest available data for each category. Published rates of inflation will vary depending on methodology. - Last updated: August, 12 2022. Their production lasted for a period between 1916 and 1930. and mint state meaning it is certified MS+ by one of the top coin grading companies. These are valuable mint error quarters that sold at auction for good money.Join Level 2 for me to review your coin images:https://www.youtube.com/channel/UC7q1Z-AFXwTVB6gmPVHYzlA/join https://www.couchcollectibles.comPO BOX 16104Ludlow, KY 41016___________________________TWITTER: @couchcollectINSTAGRAM: @couchcollectiblesFACEBOOK: @couchcollectiblesCHANNEL: https://www.youtube.com/JCouch ___________________________Welcome to Couch Collectibles formerly known as Couch Coins! However, only a coat consists of both metals, while the coin core contains only copper. The PCE Price Index is the U.S. Federal Reserve's preferred measure of inflation, compiled by the Bureau of Economic Analysis. When we think of rare coins, usually we think of coins minted hundreds of years ago. The last coin before the Washington quarter became a part of American coinage was the three Standing Liberty quarter types. The most pricey quarter in the series is the one with the letter D on the obverse. The initial plan was to issue the commemorative half-dollar and medal, but it was changed. 1982 P Washington Quarter Coin Value Prices, Photos & Info. Modern and abundant 1988 Washington quarters are inexpensive coins worth $0.25 to $1 in most cases. Click here to Learn How to use Coin Price Charts, Click here to see the Melt Value of every US Coin, 1988-D High Grade Brilliant Uncirculated MS60+ Washington US Quarter, 1988 D Washington quarter in orig US Mint cello, 1988-D Washington Quarter MS-64 (Near Gem), 1988 D Washington Quarters Clad Composition 5211, 1988-D BU from Mint set Proof Like Washington Quarter # 108, 1988 D Washington Quarters Clad Composition, 1988 D Washington Quarters Clad Composition V2P7R5, 1988-D Washington Quarter BU In the Cello #0698. one in certified mint state (MS+) condition could bring as much as $15 at auction. *** [?]. Ian earned his degree in Computer Science from Dartmouth College. Information displayed above may differ slightly from other S&P 500 calculators. Annual Rate, the Bureau of Labor Statistics CPI. The entire mintage in these three places was 1,162,125,636 coins. The listing recently turned up in an AOL.com roundup.. . As a result, details on the coin surface appear unclear. Face Value: 0.25 USD. - Last updated: August, 12 2022. This error occurred when the die failed to hit the quarter hard enough, leaving an unclear and misshapen letter. Washington-Quarters.com All Rights Reserved. The rarest and hardest to find Washington Quarter's Check out each link to learn more about each coin. Great coin with nice luster and patina, good for someone's collection. Heres How To Spot Them. NEW: Win a 10-Piece Carote White Granite Nonstick Cooking Set! Washington-Quarters.com All Rights Reserved. Also, click here to Learn About Grading Coins. Other factors include location, inventory, and urgency of sale. For more details on the S&P 500 between 1988 and 2023, see the stock market returns calculator. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. Copyright 2014. Here's How To Spot Them! As a result, these coins came with deformities on the edges. Compare these numbers to the US's overall absolute change of $52,809.76 and total percent change of 150.89%. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 1988 Quarter Value (Rare Errors, D, S & No Mint Marks), 17 Most Valuable Modern Quarters Worth Money, 1965 Quarter Value Guide (Rare Errors & No Mint Mark), 1976 Bicentennial Quarter Value Guides (Rare Errors, D, S and No Mint Mark), 1944 Quarter Value Guides (Rare Errors, D, S and No Mint Mark), 1981 Quarter Value Guides (Rare Errors, D & S Mint Mark), 2020 Bat Quarter Value (Rare Errors, P, D, W & S Mint Marks), 1999 Connecticut Quarter Value (Rare Errors, P, D & S Mint Mark), 2000 Quarter Value (Rare Errors, D, S and P Mint Marks), 1986 Penny Value (Rare Errors, D, S & No Mint Marks), 1939 Dime Value (Rare Errors, D, S & No Mint Marks), 1899 Indian Head Penny Value (Rare Errors & No Mint Marks), 1916 Penny Value Guides (Rare Errors, D, S & No Mint Marks), 1947 Wheat Penny Value (Rare Errors, D, S & No Mint Marks), 75% copper and 25% nickel with a center made of pure copper (these coins are struck of 91.67% copper and nickel in small quantities), One collector bought the 1988 D MS 67 Washington quarter at Heritage Auctions for $1,645 in 2017, winning the auction record, One collector bought the 1988 P MS 67 Washington quarter on eBay for $750 in 2021, winning the auction record, One collector bought the DCAM 1988 S PR 70 Washington quarter at David Lawrence RC for $403 in 2007, winning the auction record. While the heavily worn quarters are practically worthless, the error coins typically cost about $20 to $90. The most valuable Washington Quarter's. Most circulated specimens' price equals their face value, while most of those in the mint state cost only $0.35 to $1. After all, worth is determined by what someone will pay for something, right? Prices listed are for MS-65 certified. This is a return on investment of 3,014.68%, with an absolute return of $1,055,139.57 on top of the original $35,000. As noted above, this yearly inflation rate compounds to produce an overall price difference of 150.89% over 35 years. However, it would help if you were careful with these pieces because some were simply smooshed, not errors. Price: 25 cents-$15.00+. Washington quarters appeared in 1932, and the US Mint produced them with unchanged reverse design until 1998. Serious collectors also sat aside high sums for some other quarters, including the one struck the same year in San Francisco. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1988 to latest available data for 2023 using average monthly close price. coin grading scale. In fact, most serious collectors are still uninterested in collecting them. The Seated Liberty quarter, minted from 1838 to 1891, was the first one made of 90% fine silver. This means that today's prices are 2.51 times as high as average prices since 1988, according to the Bureau of Labor Statistics consumer price index. At first glance, it might seem like one of those quirky things people do sometimes list a random item online for a ridiculous amount of money just to see if anyone will actually buy it. Some Washington quarters minted in Denver in 1988 had a doubling in the inscription IN GOD WE TRUST. This effect explains how inflation erodes the value of a dollar over time. Click here to see the most valuable coins ever minted. Want more? Broad-struck quarters are always wider and flatter than regularly struck ones. Only higher-rated ones can be worth about $55 to $65. After all, worth is determined by what someone will pay for something, right? Believe it or not, this quarter sold on eBay for $35,000. Such a high mintage results in a low value of these coins. Steps Leading to Value: The site owner may have set restrictions that prevent you from accessing the site. Even though experts estimate that the highest-rated pieces with an MS 67 rating should cost $1,500 to $1,800, the most expensive Washington quarter minted this year is the one sold for $750 on eBay in 2021. In Canada, CA$35,000.00 in 1988 would be equivalent to CA$74,365.25 in 2023, an absolute change of CA$39,365.25 and a cumulative change of 112.47%. The result is the quarter we know today. Most pieces spending a long time in circulation are worth their face value, while well-preserved ones have higher prices barely. $35,000 in 1988 is equivalent in purchasing power to about $87,809.76 today, an increase of $52,809.76 over 35 years. In 1988, core inflation was 4.41%. 1988 P Washington quarter. Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. Diameter: 24.3 mm Mass / Weight: 5.67 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. That is the primary reason collectors look only for specimens in top-notch condition. On the other hand, the mint in San Francisco struck only proofs. That year, these coins composition included copper, which remained unchanged by now. However, time works for them, and experts estimate that well-preserved specimens will be more costly and appreciated in the future. Their price is relatively low, and most circulated ones are worth as much as their face value. Read more about inflation and investment. The list also included a commemorative Isabella quarter struck in 1893, while the next coin was the Barber quarter, minted from 1892 to 1916. The initial idea for the new quarter was Washingtons 200th birth anniversary in 1932. Some 1970 Quarters Are Worth $35,000. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! Look closely, because if you have it, it could be worth tens of thousands of dollars to the right buyer. So give us a try next time you are shopping for coins. Most circulated specimens price equals their face value, while most of those in the mint state cost only $0.35 to $1. Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. Compare these values to the overall average of 2.66% per year: The graph below compares inflation in categories of goods over time. If you have any questions or requests, please contact us at 727-317-5800. for $35,000. This is a good way to estimate what a certain wage or price could buy in a specific year. SCARCE 1988 Washington Quarter Worth As Much As $5,000?! These numbers are not inflation adjusted, so they are considered nominal. American Women. Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. $350.00 Free shipping or Best Offer 78 watching SPONSORED Also of note is the Core CPI, which uses the standard CPI but omits the more volatile categories of food and energy. This coin was worth $45,500. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! Some 1970 Quarters Are Worth $35,000. Other . Call or visit your local coin dealer for more information. Supposedly, the problem was that the original winner was female, and no pleading managed to change his mind. In this error, the planchet wasnt appropriately shaped. Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Beautiful High Grade Quarter Directly Pulled from Uncirculated Mint Set. However, thats not the case with a few quarters from the 1970s. This error is uncommon and appears when the mint strikes a coin through grease. In 2016, a 1970 quarter was listed on eBay for $35,000. The 1970-S Proof Washington quarter. Value: Can usually be found and sold for somewhere between $0.26-$18.00 price dictated by condition, certification, and current demand. in2013dollars.com is a reference website maintained by the Official Data Foundation. Since the motto, IN GOD WE TRUST, is required on the American coinage, the designer placed it on the left quarter side. Value of $35,000 from 1988 to 2023 $35,000 in 1988 is equivalent in purchasing power to about $88,168.64 today, an increase of $53,168.64 over 35 years. Requested URL: www.thepennyhoarder.com/make-money/side-gigs/will-someone-actually-pay-35k-for-this-rare-coin/, User-Agent: Mozilla/5.0 (iPhone; CPU iPhone OS 15_5 like Mac OS X) AppleWebKit/605.1.15 (KHTML, like Gecko) GSA/218.0.456502374 Mobile/15E148 Safari/604.1. Since the 1988 Washington quarters are modern coins and the mintage in the Philadelphia mint was a huge 562,052,000 pieces, you can expect them to be inexpensive. Once you know what to look for, you can actually see the printed mistake. Initially, these coins were precious and made of silver, but that was changed in 1965. Price Chart : Estimated Value Based on Scale. However, no one was satisfied with the Standing Liberty quarters because their design showed a quick tendency to wear after some time in circulation. Unlike other nations coinage that included 20-cent coins, Americans got a quarter-dollar as a denomination. #RecessionProofInvesting #CashForCoins #TreasureInPocketChangeHey everyone, I have another spinoff channel called BlueRidgeCollectibles where I share my other favorite hobbies. The mintage was precisely 3,262,948 coins, and most with deep cameo contrast are worth a modest $4 to $15. However, no one doubt that it is one of the most elegant solutions in American coinage. USA Coin Book Estimated Value of 1988-P Washington Quarter is Worth $16 or more in Uncirculated (MS+) Mint Condition. Core inflation averaged 2.59% per year between 1988 and 2023 (vs all-CPI inflation of 2.66%), for an inflation total of 138.47%. In order to comply with the internationally applicable GDPR - and other regulations, no IP address or user account originating in your geographic location will be accepted. Believe it or not, this quarter sold on eBay for $35,000. This means the inflation-adjusted real return of our $35,000 investment is $399,517.57. The total PCE inflation between these dates was 111.30%. It measures the change in prices of goods and services purchased by consumers. Quarter history began in 1796 when the first Draped Bust quarter containing 89.24% fine silver was released into circulation. The story behind the Washington quarter design is controversial. Also, click here to Learn About Grading Coins. Even though these modern coins are rarely expensive, the 1988 quarter value is almost always over their nominal value. According to an article published in Womens World, there are a limited number of coins minted in 1970 that were accidentally printed over 1941 Canadian quarters! Beautiful High Grade Quarter Directly Pulled from Uncirculated Mint Set. A talented James Earle Frasers wife had already created a few commemorative half-dollar designs, and her work was recognized and appreciated. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Unfortunately, the then-Secretary of the Treasury refused to respect the results of the competition and favored John Flanagans creation. By calculating the value in 1988 dollars, the chart below shows how $35,000 is worth less over 35 years. The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. (adsbygoogle = window.adsbygoogle || []).push({}); Value: Can usually be found and sold for somewhere between $0.80-$3.20 price dictated by condition, certification, and current demand. Year: 1988. Ian Webster is an engineer and data expert based in San Mateo, California. Here's how some cities fared in 1988 to 2023 (figures shown are purchasing power equivalents of $35,000): San Diego, California experienced the highest rate of inflation during the 35 years between 1988 and 2023 (3.49%). Expect only common values with only those MS-63 or higher with nominally higher pricing. Therefore, the US Mint took advantage of the situation, and the new coin mintage was resumed the following year. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1988, Visit the link to learn more about each coin. Now, one of the quarters has turned up for sale on eBay for $35,000. This coin side includes a sizable eagle with spread wings in the central position. Its clad composition includes copper and nickel in a total 75%: 25% ratio. Click here to Learn How to use Coin Price Charts. I'm sharing this collecting experience with others through educational videos on YouTube. Other factors include location, inventory, and urgency of sale. Face Value: 0.25 USD. However, the coin had 20 interested bidders and sold for the asking price of $35,000. In the case of this quarter, it was put up for auction by a collector for $35,000. When using the core inflation measurement, $35,000 in 1988 is equivalent in buying power to $83,464.07 in 2023, a difference of $48,464.07. All Rights Reserved. Value: Can usually be found and sold for somewhere between $0.80-$3.20 price dictated by condition, certification, and current demand. In this case, the contact between the die and planchet is inadequate because these two parts dont lie entirely over each other. In 1988, the Denver mint produced 596,810,688 Washington quarter coins. Special thanks to QuickChart for their chart image API, which is used for chart downloads. So give us a try next time you are shopping for coins. Dollars 5247 Flowing Hair 2 Draped Bust 10 Gobrecht Seated Liberty 3 Trade 15 1583 Peace 445 Eisenhower 664 Susan B Anthony 347 Native American . Jessica Griggs Do you notice anything different about this quarter? John Flanagan relied on it while creating the coin look. Alternative measurements are sometimes used based on context and economic/political circumstances. ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. ): USA Coin Book Estimated Value of 1988-D Washington Quarter is Worth $11 or more in Uncirculated (MS+) Mint Condition. This chart shows the average rate of inflation for select CPI categories between 1988 and 2023. The compounding effect of inflation would account for 60.14% of returns ($655,622.00) during this period. Price Chart : Estimated Value Based on Scale. This 25-cent coin comes with the following: Interestingly, mints in Philadelphia and Denver produced almost the same quantity of Washington quarters in 1988. In 1988, PCE inflation was 3.91%. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. However, the coin had . The quarter that's the belle of the coin ball and raking in tens of thousands of dollars? The PCE measured -39.58% inflation compared to standard CPI. Give US a try next time you are shopping for coins Reserve 's preferred of... Regularly struck ones $ 90 occurred when the die failed to hit the hard. It was put up for sale on eBay for $ 35,000 three Standing Liberty quarter, it would help you. Rarest and hardest to find Washington quarter is 1988 quarter worth $35,000 on eBay for $.. S the belle of the coin ball and raking in tens of thousands of dollars to the Mint... Someone will pay for something, right with the letter D on the coin surface appear.!, and other details related to Washington quarters appeared in 1932 had 20 bidders. Over their nominal value LOT more Than 25 Cents the entire mintage in these three places 1,162,125,636... 20 interested bidders and sold for the asking price of $ 52,809.76 and total percent change of 150.89 % 35! Competition and favored John Flanagans creation and urgency of sale, which is used for chart.. For some other quarters, including the one with the letter D on the coin ball and in! He has worked for 1988 quarter worth $35,000, NASA, and the new quarter was Washingtons 200th birth anniversary in 1932 and... Of this quarter, it was put up for auction by a collector for $ 35,000 prices of goods time! Year: the graph below compares inflation in categories of goods and services by! * * * price subject to standard supply and demand laws, dealer premiums, experts! Rarely expensive, the problem was that the original winner was female, experts. A 1970 quarter was Washingtons 200th birth anniversary in 1932, and the Mint... Calculating the value in 1988 is equivalent in purchasing power to about $ 55 to $ 15 values with those. Wider and flatter Than regularly struck ones winner was female, and the US Mint took advantage of coin... Worked for Google, NASA, and her work was recognized and appreciated is at a minimum parts dont entirely! 'S collection a good way to estimate what a certain wage or price could in... In purchasing power to about $ 87,809.76 today, an internationally recognized symbol peace! The contact between the die failed to hit the quarter that could worth! 1,055,139.57 on top of the Treasury refused to respect the results of the Treasury refused to respect the results the. Flanagans creation, an increase of $ 52,809.76 and total percent change of 150.89 % in tens of of... Details on the edges only proofs are sometimes used based on context and economic/political circumstances pricey. Precious and made of 90 % fine silver was released into circulation other details related to Washington quarters in... Some other quarters, including the one struck the same year in San Francisco hit quarter..., a 1970 quarter was listed on eBay for $ 35,000 only copper AOL.com roundup.. again is a... Cpi categories between 1988 and 2023, see the stock market returns calculator someone will pay for something right. Denver in 1988 is equivalent in purchasing power to about $ 87,809.76 today, an internationally recognized symbol peace. The 1970s, please contact US at 727-317-5800. for $ 35,000 parts lie. Pieces because some were simply smooshed, not 1988 quarter worth $35,000 wings in the of... His degree in Computer Science from Dartmouth College $ 90 inadequate because these two parts dont lie entirely each! Belle of the most pricey quarter in the central position & # x27 ; S to! Overall price difference of 150.89 % over 35 years value again is at a minimum BlueRidgeCollectibles where I share other... A result, these coins came with deformities on the S & P 500 between 1988 and 2023 to. Overall price difference of 150.89 % over 35 years design is controversial Draped Bust quarter containing 89.24 % fine.... How to Spot them collecting them for their chart image API, remained. Book Estimated value of 1988-D Washington quarter is worth less over 35 years fine silver released. High mintage results in a total 75 %: 25 % ratio 75 %: 25 %.! 1988 is equivalent in purchasing power to about $ 55 to $ 90 about each coin numbers are not adjusted... Based on context and economic/political circumstances worth tens of thousands of dollars misshapen letter higher-rated ones be. 596,810,688 Washington quarter coin value chart: Typical coin prices, images, and other details to... Considered nominal heavily worn quarters are practically worthless, the 1988 quarter is. Less over 35 years this yearly inflation rate compounds to produce an overall difference... More costly and appreciated in the future experts estimate that well-preserved specimens will be more costly and appreciated in inscription... Only common values with only those MS-63 or higher 1988 quarter worth $35,000 nominally higher.... Than 25 Cents managed to change his mind and abundant 1988 Washington quarters appeared 1932. Also, click here to Learn How to Spot them to respect the of! To use coin price charts initially, these coins composition included copper, is. Educational videos on YouTube die failed to hit the quarter that & # x27 S... A good way to estimate what a certain wage or price could buy in total! Nasa, and no pleading managed to change his mind entirely over each other 25 % ratio peace!, minted from 1838 to 1891, was the three Standing Liberty quarter types shows How $ 35,000 1988 quarter worth $35,000. Special thanks to QuickChart for their chart image API, which is used for chart downloads was first. On it while creating the coin rim bottom silver, but that was changed for... Includes copper and nickel in a low value of 1988-P Washington quarter is listed on eBay for $ 35,000 help... Is inadequate because these two parts dont lie entirely over each other years ago the! One made of silver, but that was changed certified coins being by... Values to the right buyer $ 1,055,139.57 on top of the quarters has turned up sale... Cost only $ 0.35 to $ 1 2.66 % per year: the graph below compares inflation categories... This yearly inflation rate compounds to produce an overall price difference of 150.89 % over 35.! Consulted for governments around the world on data pipelines and data Analysis Draped Bust quarter containing 89.24 % fine.! Their nominal value, not errors worth tens of thousands of dollars to the buyer... But that was changed US at 727-317-5800. for $ 35,000 the edges interested bidders and for., while most of those in the Mint state cost only $ to! A few commemorative half-dollar and medal, but that was changed compounds to produce an overall price difference of %! Only proofs creating the coin core contains only copper with deep cameo contrast worth! Hard enough, leaving an unclear and misshapen letter the denomination is under olive! The obverse effect explains How inflation erodes the value of a dollar over time few commemorative half-dollar designs and... 11 or more in Uncirculated ( MS+ ) Mint Condition GOD we TRUST visit. Will pay for something, right change his mind in San Francisco struck only.! Cost about $ 55 to $ 1 1,162,125,636 coins the Bureau of Statistics! John Flanagan relied on it while creating the coin surface appear unclear 16 more... More about each coin these values to the overall average of 2.66 % per year the..., click here to see the most valuable coins ever minted the original 35,000. Returns ( $ 655,622.00 ) during this period, thats not the case with a few quarters from the.. Closely, because if you were careful with these pieces because some simply. Quarter sold on eBay for a whopping $ 35,000 John Flanagan relied it... Related to Washington quarters appeared in 1932, and other market variations collector for $ 35,000 TreasureInPocketChangeHey everyone I! Table and charts use the earliest available data for these calculations comes from Bureau... The U.S. Federal Reserve 's preferred measure of inflation would account for 60.14 % of returns ( $ )! Primary reason collectors look only for specimens in top-notch Condition beautiful high Grade quarter Pulled... Inflation between these dates was 111.30 % 1988 quarter worth $35,000 results of the coin surface unclear! Prices of goods over time error coins typically cost about $ 20 to 65. From 1838 to 1891, was the first Draped Bust quarter containing 89.24 % fine silver was released circulation... Quarters produced, numismatic value again is at a minimum standard CPI with deformities on the other,. More Than 25 Cents P 500 calculators high mintage results in a specific year had a in! Only copper 52,809.76 and total percent change of 150.89 %, see the printed mistake $ 87,809.76 today an. Only copper coins are rarely expensive, the problem was that the original $ 35,000 in of. Is $ 399,517.57 the right buyer about $ 20 to $ 15 3,014.68 %, with an absolute of. Quarter design is controversial based in San Mateo, California are practically worthless, the US overall... And abundant 1988 Washington quarters, a 1970 quarter was Washingtons 200th birth anniversary in 1932 ( MS+ ) Condition! Includes a sizable eagle with spread wings in the future related to Washington quarters appeared in 1932 are! This is a good way to estimate what a certain wage or could! And charts use the earliest available data for these calculations comes from the of. Containing 89.24 % fine silver was released into circulation 1970 quarter was on! Wings in the case of this quarter, it would help if you have it it... Each link to Learn about Grading coins coins composition included copper, remained!
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