1979 Half Dollar Value (Rare Errors, D, S & No Mint Marks), 1936 Wheat Penny Value (Rare Errors, D, S & No Mint Mark). Production: 3,262,000 Washington Quarters were minted at the San Francisco mint in 1988. The site owner may have set restrictions that prevent you from accessing the site. ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. 1982 P Washington Quarter Coin Value Prices, Photos & Info. The listing says it was part of a group of proof coin errors that were auctioned by the state of California. You do not have access to www.thepennyhoarder.com. The most pricey quarter in the series is the one with the letter D on the obverse. Expect only common values with only those MS-63 or higher with nominally higher pricing. 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. Read more about inflation and investment. The 1988 Washington quarter is one of the pieces of the series struck from 1932 to 1998 with the same reverse design. However, that's not the case with a few quarters from the 1970s. Heres How To Spot Them. Information displayed above may differ slightly from other S&P 500 calculators. Keep reading to find out! Face Value: 0.25 USD. Prices listed are for MS-65 certified. The 1970-S Proof Washington quarter. 1988 P Washington quarter. 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 . Since these specimens are not properly clad with nickel, their surface is differently colored. Now that you know the signs to look for, its time to go digging up some loose change and see if you have a fortune waiting to be discovered! If you have any questions or requests, please contact us at 727-317-5800. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. Other factors include location, inventory, and urgency of sale. Serious collectors also sat aside high sums for some other quarters, including the one struck the same year in San Francisco. Only quarters in an MS 66 grade are more valuable and are worth approximately $55 to $65. Other . The Consumer Price Index, used above, is the most common standard used globally. According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time: This conversion table shows various other 1988 amounts in today's dollars, based on the 150.89% change in prices: Inflation can vary widely by city, even within the United States. This means that the PCE Index equates $35,000 in 1988 with $73,955.80 in 2023, a difference of $38,955.80. 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. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. One collector bought it for $403 in 2007. 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%). Believe it or not, this quarter sold on eBay for $35,000. Breaking down these categories helps explain the main drivers behind price changes. That year, these coins composition included copper, which remained unchanged by now. USA Coin Book Estimated Value of 1988-P Washington Quarter is Worth $16 or more in Uncirculated (MS+) Mint Condition. The total PCE inflation between these dates was 111.30%. one in certified mint state (MS+) condition could bring as much as $15 at auction. Production: 562,052,000 Washington Quarters were minted at the Philadelphia mint in 1988. The 1988 Washington quarter is a modern round coin with a reeded edge. It started a practice that lasted until 1964, when circulated coins made of this precious metal went into history. You can effortlessly find any of these coins since they are in the group of modern coinage. Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. For more details on the S&P 500 between 1988 and 2023, see the stock market returns calculator. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1988, 1988 D Washington Quarter. This calculates the value of a US dollar over time, either in today's dollars or another year. It clutches a bunch of arrows in its talons, symbolizing war. Now, one of the quarters has turned up for sale on eBay for $35,000. 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. 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. However, only a coat consists of both metals, while the coin core contains only copper. However, the coin had . Recall that the converted amount is $87,809.76 when all items including food and energy are measured. Unlike silver coins minted until 1965, those struck in 1988 are made of copper and nickel as a much cheaper solution. 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. Diameter: 24.3 mm Mass / Weight: 5.67 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. The U.S. CPI was 118.3 in the year 1988 and 296.797 in 2023: $35,000 in 1988 has the same "purchasing power" or "buying power" as $87,809.76 in 2023. The current inflation rate compared to last year is now 6.45%. The PCE Price Index is the U.S. Federal Reserve's preferred measure of inflation, compiled by the Bureau of Economic Analysis. Now, one of the quarters has turned up for sale on eBay for $35,000. 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%. Plus, their diameter and thickness differ from the measurements of standard pieces produced this year. 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 Seated Liberty quarter, minted from 1838 to 1891, was the first one made of 90% fine silver. So give us a try next time you are shopping for coins. 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! Modern and abundant 1988 Washington quarters are inexpensive coins worth $0.25 to $1 in most cases. That change in composition affects these coins current value. It reached a price of $1,645 in 2017, winning the auction record. . You shouldnt be surprised by numerous errors in the 1988 Washington quarters, particularly those minted in Philadelphia. 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. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. For example, printed letters next to Liberty, or 1941 printed underneath Dollar.. The average inflation rate of 2.66% has a compounding effect between 1988 and 2023. Second, look for one very specific quarter. The initial plan was to issue the commemorative half-dollar and medal, but it was changed. The US Mint commemorated this important event by minting coins with his portrait on the obverse. This error is uncommon and appears when the mint strikes a coin through grease. 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? The rarest and hardest to find Washington Quarter's Check out each link to learn more about each coin. In Average Circulated (AC) condition it's worth around 25 cents, KGW-TV reports seller Mike. The current inflation rate page gives more detail on the latest inflation rates. - Last updated: August, 12 2022. - Do You Have This Coin? Compare these values to the overall average of 2.66% per year: The graph below compares inflation in categories of goods over time. In fact, most serious collectors are still uninterested in collecting them. Shape. 1968 Canada 10 Cents. These relatively modern pieces are typically worth their face value, with only several exceptions. Inflation data from 1634 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society. 2010 - 2023 USA Coin Book. The 1988 Washington quarter obverse is made after Houdins portrait of the first American President. Since these quarters are modern and less than 35 years old, you shouldnt expect them to be rare. Some collectors consider the 1988 Washington quarter reverse too complicated and overcrowded. 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. 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. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. Note that some locations showing 0% inflation may have not yet reported latest data. However, Congress decided that issuing circulating Washington quarters instead was better. 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. For example, if you started with $35,000, you would need to end with $87,809.76 in order to "adjust" for inflation (sometimes refered to as "beating inflation"). $35,000 in 1988. 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. This effect explains how inflation erodes the value of a dollar over time. Value: Can usually be found and sold for somewhere between $0.26-$18.00 price dictated by condition, certification, and current demand. Believe it or not, this quarter sold on eBay for $35,000. 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%. Also, click here to Learn About Grading Coins. You can find most of these coins for less than a dollar, and only those above an MS 66 grade are more expensive. Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. 66 Liberty Cap 1. In 1988, the Denver mint produced 596,810,688 Washington quarter coins. That is the primary reason collectors look only for specimens in top-notch condition. While the heavily worn quarters are practically worthless, the error coins typically cost about $20 to $90. 2010 - 2023 USA Coin Book. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. Expect only common values with only those MS-63 or higher with nominally higher pricing. 75,932 views May 13, 2020 1.5K Dislike Share BlueRidgeSilverhound 253K subscribers #RecessionProofInvesting. We need to highlight the word "PROOF" here because that is key to its rarity and high value. When we think of rare coins, usually we think of coins minted hundreds of years ago. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. However, no one doubt that it is one of the most elegant solutions in American coinage. This means the inflation-adjusted real return of our $35,000 investment is $399,517.57. Special thanks to QuickChart for their chart image API, which is used for chart downloads. Click here to Learn How to use Coin Price Charts. St Louis, Missouri experienced the lowest rate of inflation during the 35 years between 1988 and 2023 (2.43%). 21,194 views Dec 8, 2021 580 Dislike Share Couch Collectibles 440K subscribers 1988 Quarter Error Coins Worth A LOT More Than 25 Cents!. As a result, details on the coin surface appear unclear. Expect only common values with only those MS-63 or higher with nominally higher pricing. Finally, this design was permanently adopted and has been included in the list of American coinage until now. In 2016, a 1970 quarter was listed on eBay for $35,000. Beautiful High Grade Quarter Directly Pulled from Uncirculated Mint Set. The entire mintage in these three places was 1,162,125,636 coins. The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. However, thats not the case with a few quarters from the 1970s. You may also want to account for capital gains tax, which would take your real return down to around $339,590 for most people. Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. Supposedly, the problem was that the original winner was female, and no pleading managed to change his mind. The result is the quarter we know today. Mint Mark: S. Type: Quarter Dollar. One of the quarters is for sale on eBay for $35,000. If this number holds, $35,000 today will be equivalent in buying power to $37,259.04 next year. Some 1970 Quarters Are Worth $35,000. The reason was practical, and the new quarter occurred after dividing Spanish milled dollars into eight pieces. 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