However, no one was satisfied with the Standing Liberty quarters because their design showed a quick tendency to wear after some time in circulation. Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. This is a good way to estimate what a certain wage or price could buy in a specific year. Click here to Learn How to use Coin Price Charts, Click here to see the Melt Value of every US Coin, 1988-P High Grade Brilliant Uncirculated MS60+ Washington US Quarter, 1988 P,D&S Washington Quarters in BU and Proof condition, 1988-P BU from Mint set Proof Like Washington Quarter # 138, 1988-P Washington Quarter MS-64 (Near Gem), 1988 P Washington Quarters Clad Composition, Complete Set P and D mints 1988 to 1998 .. 22 Coins, 1988 P Washington Quarter in BU condition. This chart shows a calculation of buying power equivalence for $35,000 in 1988 (price index tracking began in 1635). On top of that, literally? The rarest and hardest to find Washington Quarter's Check out each link to learn more about each coin. Value: Can usually be found and sold for somewhere between $0.80-$3.20 price dictated by condition, certification, and current demand. If this number holds, $35,000 today will be equivalent in buying power to $37,259.04 next year. That quarter in your pocket might be worth more than just 25 cents - because it could be part of a rare batch of 1970 coins worth a fortune. Price: 25 cents-$7.00+. 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. 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. However, it would help if you were careful with these pieces because some were simply smooshed, not errors. ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. - Last updated: August, 12 2022. Ian earned his degree in Computer Science from Dartmouth College. There were also a few other coins that won auction records, like the 1949 D Washington quarter ($43,475), the 1948 Washington quarter ($43,200), and the 1932 Washington quarter ($40,250). While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Second, look for one very specific quarter. Finally, this design was permanently adopted and has been included in the list of American coinage until now. Look closely, because if you have it, it could be worth tens of thousands of dollars to the right buyer. 45 Results 2 filters applied Coin Year Grade Circulated/Uncirculated Mint Location Condition Price Buying Format All Filters SPONSORED 1978 WASHINGTON QUARTER LARGE O/C BROAD STRIKE,**VERY NICE** US ERROR COIN $65.00 $3.88 shipping SPONSORED 1978- Washington Quarter " DDO , VERY RARE COIN. for $35,000. 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. I'm sharing this collecting experience with others through educational videos on YouTube. 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. The quarter that's the belle of the coin ball and raking in tens of thousands of dollars? These numbers are not inflation adjusted, so they are considered nominal. However, that's not the case with a few quarters from the 1970s. https://www.youtube.com/channel/UCLGZ0uSfzVNT1FC8HocF8wwEssential Coin Supplies \u0026 BooksCELESTRON HOBBY 5MP DIGITAL MICROSCOPE (BEST IN THE HOBBY!) 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! That change in composition affects these coins current value. COINS GUIDE BOOK - https://amzn.to/2MQCMf7CHERRYPICKER'S GUIDE VOLUME 1 (DIGITAL VERSION) - https://amzn.to/37w7lyxCHERRYPICKER'S GUIDE VOLUME 2 (DIGITAL VERSION) - https://amzn.to/2FgJZ3TSTRIKE IT RICH W/POCKET CHANGE - https://amzn.to/2Hq9AtLBeautiful Gold for Sale: http://amzn.to/1UM5eZdSilver Bullion for Sale: http://amzn.to/1ZJ9tsPClassic Coins for Sale: http://amzn.to/28vp0m1 The PCE Price Index changed by 2.22% per year on average between 1988 and 2023. One of the quarters is for sale on eBay for $35,000. The most valuable Washington Quarter's. As expected, cupronickel-clad coins are less valuable than those containing silver, but they are still collectible. Follow a step by step method to identify the series of your quarter, variety, date and mintmark combination, leading to special qualities and above average value. Shape. The last coin before the Washington quarter became a part of American coinage was the three Standing Liberty quarter types. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! American Women. Want more? The initial idea for the new quarter was Washingtons 200th birth anniversary in 1932. Since the plan included minting these quarters for only a year, the production was suspended in 1933. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. Other factors include location, inventory, and urgency of sale. To get the total inflation rate for the 35 years between 1988 and 2023, we use the following formula: Plugging in the values to this equation, we get: There are multiple ways to measure inflation. Therefore, the US Mint took advantage of the situation, and the new coin mintage was resumed the following year. 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. - Last updated: July, 29 2022. CoinTrackers.com estimates the value of a 1988 S Washington Quarter Proof in average condition to be worth 25 cents, while one in mint state could be valued around $7.00. Ian Webster is an engineer and data expert based in San Mateo, California. 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. Alternative measurements are sometimes used based on context and economic/political circumstances. Below are a few examples of alternative measurements. In 1988, the Denver mint produced 596,810,688 Washington quarter coins. Now, one of the quarters has turned up for sale on eBay for $35,000. 1988 Quarter (1 - 40 of 116 results) Price ($) Shipping 1988 D Washington Quarter AndyKcoins $700.00 FREE shipping 1988-D Quarter Coin No 3542 - In a Protective 2x2 Wendyscnc (7,683) $1.00 1988 Birthday Flashback Poster, Back in 1988 Birthday Decorations, B-day Gift, Custom PRINTABLE 16x20" Flashback Sign PRINTSbyMAdesign (11,637) $15.00 The listing recently turned up in an AOL.com roundup. and mint state meaning it is certified MS+ by one of the top coin grading companies. This section is more of a layman's guide, for those new to collecting. Production: 562,052,000 Washington Quarters were minted at the Philadelphia mint in 1988. 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. Sometimes, you can come across the 1988 Washington quarter produced in the Philadelphia mint without a standard clad layer. Recall that the converted amount is $87,809.76 when all items including food and energy are measured. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Read more about inflation and investment. The site owner may have set restrictions that prevent you from accessing the site. Face Value: 0.25 USD. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. The 1988 Washington quarter is one of the pieces of the series struck from 1932 to 1998 with the same reverse design. One collector bought it for $403 in 2007. Steps Leading to Value: CoinTrackers.com estimates the value of a 1988 D Washington Quarter in average condition to be worth 25 cents, while one in mint state could be valued around $15.00. This 25-cent coin comes with the following: Interestingly, mints in Philadelphia and Denver produced almost the same quantity of Washington quarters in 1988. Coins with this error type came with the filled letter P, representing the mint mark. This means the inflation-adjusted real return of our $35,000 investment is $399,517.57. coin grading scale. Some 1970 Quarters Are Worth $35,000. This price does not reference any standard Price: 25 cents-$15.00+. . ): USA Coin Book Estimated Value of 1988-D Washington Quarter is Worth $11 or more in Uncirculated (MS+) Mint Condition. One of the quarters made in error is listed for sale on eBay by Mike Byers for $35,000 "1970-S Proof Washington Quarter Struck on 1941 Canada Quarter NGC PF 65." That's some serious. 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. The Seated Liberty quarter, minted from 1838 to 1891, was the first one made of 90% fine silver. Typically, these imperfect coins can bring the owner more money than those from regular strikes, so you should look carefully at what you have in your pocket. We use user submitted pictures please read that article if you are interested in adding your own. Visit the link to learn more about each coin. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Some Washington quarters minted in Denver in 1988 had a doubling in the inscription IN GOD WE TRUST. In the case of this quarter, it was put up for auction by a collector for $35,000. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1988, Modern quarters minted beginning 1965 are worth a premium in Mint State (no wear) condition. 1988 P Washington quarter. Their average estimated price is $40 to $800, depending on the condition. You may also want to account for capital gains tax, which would take your real return down to around $339,590 for most people. We are mobile, iPad, and Desktop friendly. The reason was practical, and the new quarter occurred after dividing Spanish milled dollars into eight pieces. Production: 3,262,000 Washington Quarters were minted at the San Francisco mint in 1988. - Last updated: August, 12 2022. in2013dollars.com is a reference website maintained by the Official Data Foundation. That year, these coins composition included copper, which remained unchanged by now. Since these quarters are modern and less than 35 years old, you shouldnt expect them to be rare. 1988 Quarter Value (1 - 8 of 8 results) Price ($) . The listing recently turned up in an AOL.com roundup.. . Also of note is the Core CPI, which uses the standard CPI but omits the more volatile categories of food and energy. Serious collectors also sat aside high sums for some other quarters, including the one struck the same year in San Francisco. By 1965, this coin contained 90% silver, but modern pieces were made of cupro-nickel clad over a copper core. Click here to Learn How to use Coin Price Charts. Expect only common values with only those MS-63 or higher with nominally higher pricing. Click on a category such as "Food" to toggle it on or off: For all these visualizations, it's important to note that not all categories may have been tracked since 1988. You can find most of these coins for less than a dollar, and only those above an MS 66 grade are more expensive. *** [?]. Breaking down these categories helps explain the main drivers behind price changes. The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. For reference, heres a 1941 Canadian quarter: Now, looking back to the 1970 quarter, you can see subtle markings of the original Canadian coin. Most circulated specimens price equals their face value, while most of those in the mint state cost only $0.35 to $1. The most pricey quarter in the series is the one with the letter D on the obverse. One of the perfectly preserved quarters with the S mint mark and the 1988 minting year won the auction record. Some 1970 Quarters Are Worth $35,000. John Flanagan relied on it while creating the coin look. As a result, details on the coin surface appear unclear. 2010 - 2023 USA Coin Book. As noted above, this yearly inflation rate compounds to produce an overall price difference of 150.89% over 35 years. Heres How To Spot Them. The 1970-S Proof Washington quarter. You can count only on errors to be more expensive than those from the regular strikes. Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. 1968 Canada 10 Cents. Their price is relatively low, and most circulated ones are worth as much as their face value. Here's How To Spot Them! Copyright 2014. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. This chart shows the average rate of inflation for select CPI categories between 1988 and 2023. Do you notice anything different about this quarter? The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. Their production lasted for a period between 1916 and 1930. Most pieces spending a long time in circulation are worth their face value, while well-preserved ones have higher prices barely. The dollar had an average inflation rate of 2.67% per year between 1988 and today, producing a cumulative price increase of 151.91%. This error is uncommon and appears when the mint strikes a coin through grease. This coin was worth $45,500. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. Published rates of inflation will vary depending on methodology. Inflation can also vary widely by country. The average inflation rate of 2.66% has a compounding effect between 1988 and 2023. #RecessionProofInvesting #CashForCoins #TreasureInPocketChangeHey everyone, I have another spinoff channel called BlueRidgeCollectibles where I share my other favorite hobbies. The competition winner announced in 1930 was Laura Gardin Fraser, who left 98 other (male) contestants behind. Great coin with nice luster and patina, good for someone's collection. Come along and join me on this exciting journey by subscribing right now as we look at the most valuable toy collectibles and rare coins that you could find at yard sales, flea markets and garage sales!MUSIC USED ON CHANNEL CREATED BY: Alan Walker, Kevin MacLeod, Marcus, Maxzwell, Doc Hollywood, Breakfast at Tiffanys Instrumental, Party Drug Instrumental, Partner In Crime Instrumental.DISCLAIMER: Some non affiliate links may have been used throughout the video creation process of this content.#coins #money This calculates the value of a US dollar over time, either in today's dollars or another year. CoinTrackers.com estimates the value of a 1988 D Washington Quarter in average condition to be worth 25 cents, while one in mint state could be valued around $15.00. This year, the mint in San Francisco minted only quarter proofs. Jessica Griggs Do you notice anything different about this quarter? For more information on the difference between PCE and CPI, see this analysis provided by the Bureau of Labor Statistics. The story behind the Washington quarter design is controversial. In 2016, a 1970 quarter was listed on eBay for $35,000. A talented James Earle Frasers wife had already created a few commemorative half-dollar designs, and her work was recognized and appreciated. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. If you are a fan of coin roll hunting or just want to learn more about washington quarters then search or scroll below to find the most valuable and rarest in this series. KGW-TV reports seller Mike. NEW: Win a 10-Piece Carote White Granite Nonstick Cooking Set! Diameter: 24.3 mm Mass / Weight: 5.67 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. 1982 P Washington Quarter Coin Value Prices, Photos & Info. The PCE Price Index is the U.S. Federal Reserve's preferred measure of inflation, compiled by the Bureau of Economic Analysis. 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. Believe it or not, this quarter sold on eBay for $35,000. 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. The result is the quarter we know today. St Louis, Missouri experienced the lowest rate of inflation during the 35 years between 1988 and 2023 (2.43%). However, Congress decided that issuing circulating Washington quarters instead was better. 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 . Compare these values to the overall average of 2.66% per year: The graph below compares inflation in categories of goods over time. Unfortunately, the then-Secretary of the Treasury refused to respect the results of the competition and favored John Flanagans creation. SCARCE 1988 Washington Quarter Worth As Much As $5,000?! However, the coin had . 66 Liberty Cap 1. Weve all got some spare change rattling around the couch or stored in a jar on top of the fridge, so how can we tell if we have a rare coin? However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. That is the primary reason collectors look only for specimens in top-notch condition. Other . Click here to Learn How to use Coin Price Charts. Now, one of the quarters has turned up for sale on eBay for $35,000. So give us a try next time you are shopping for coins. On the other hand, the mint in San Francisco struck only proofs.
1988 quarter worth $35,000
