SCARCE 1988 Washington Quarter Worth As Much As $5,000?! This means that the PCE Index equates $35,000 in 1988 with $73,955.80 in 2023, a difference of $38,955.80. The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. 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. The most expensive specimen with this date is the one that sold for $750 on eBay in 2021. Some Washington quarters minted in Denver in 1988 had a doubling in the inscription IN GOD WE TRUST. 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. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. In this error, the planchet wasnt appropriately shaped. However, thats not the case with a few quarters from the 1970s. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! 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. - Last updated: July, 29 2022. This is a labor of love you might say, so it is resource intensive and slow. - Last updated: August, 12 2022. Once you know what to look for, you can actually see the printed mistake. Their price is relatively low, and most circulated ones are worth as much as their face value. And are there more quarters out there worth far more than they seem? On the other hand, the mint in San Francisco struck only proofs. 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%. 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. The Consumer Price Index, used above, is the most common standard used globally. These coins production was finished in 1807, and the new design, Capped Bust quarter, came onto the scene from 1815 to 1838. 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! Price: 25 cents-$15.00+. The US Mint commemorated this important event by minting coins with his portrait on the obverse. coin grading scale. You can find most of these coins for less than a dollar, and only those above an MS 66 grade are more expensive. The listing recently turned up in an AOL.com roundup. Unfortunately, our website is currently unavailable in your area. Since these specimens are not properly clad with nickel, their surface is differently colored. Also, click here to Learn About Grading Coins. The rarest and hardest to find Washington Quarter's Check out each link to learn more about each coin. However, it would help if you were careful with these pieces because some were simply smooshed, not errors. The last coin before the Washington quarter became a part of American coinage was the three Standing Liberty quarter types. ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. However, no one was satisfied with the Standing Liberty quarters because their design showed a quick tendency to wear after some time in circulation. Alternative measurements are sometimes used based on context and economic/political circumstances. Therefore, the US Mint took advantage of the situation, and the new coin mintage was resumed the following year. Come check out this new channel and show your support with a sub! These relatively modern pieces are typically worth their face value, with only several exceptions. The current inflation rate page gives more detail on the latest inflation rates. You do not have access to www.thepennyhoarder.com. Ian earned his degree in Computer Science from Dartmouth College. Special thanks to QuickChart for their chart image API, which is used for chart downloads. In Average Circulated (AC) condition it's worth around 25 cents, The mintage was precisely 3,262,948 coins, and most with deep cameo contrast are worth a modest $4 to $15. 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). The 1988 Washington quarter is one of the pieces of the series struck from 1932 to 1998 with the same reverse design. Washington-Quarters.com All Rights Reserved. Unfortunately, the then-Secretary of the Treasury refused to respect the results of the competition and favored John Flanagans creation. One of the quarters is for sale on eBay for $35,000. The average inflation rate of 2.66% has a compounding effect between 1988 and 2023. Annual Rate, the Bureau of Labor Statistics CPI. . Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. What is it worth? Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. For example, printed letters next to Liberty, or 1941 printed underneath Dollar.. A dollar today only buys 39.859% of what it could buy back then. 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%). The initial plan was to issue the commemorative half-dollar and medal, but it was changed. 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. The listing says it was part of a group of proof coin errors that were auctioned by the state of California. Click here to see the most valuable coins ever minted. In the case of this quarter, it was put up for auction by a collector for $35,000. On top of that, literally? 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. The list also included a commemorative Isabella quarter struck in 1893, while the next coin was the Barber quarter, minted from 1892 to 1916. This error occurred when the die failed to hit the quarter hard enough, leaving an unclear and misshapen letter. Since the motto, IN GOD WE TRUST, is required on the American coinage, the designer placed it on the left quarter side. Copyright 2014. ): USA Coin Book Estimated Value of 1988-D Washington Quarter is Worth $11 or more in Uncirculated (MS+) Mint Condition. However, only a coat consists of both metals, while the coin core contains only copper. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. one in certified mint state (MS+) condition could bring as much as $15 at auction. That is the primary reason collectors look only for specimens in top-notch condition. Do you notice anything different about this quarter? Most pieces spending a long time in circulation are worth their face value, while well-preserved ones have higher prices barely. However, the coin had . The Seated Liberty quarter, minted from 1838 to 1891, was the first one made of 90% fine silver. Published rates of inflation will vary depending on methodology. Second, look for one very specific quarter. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1988, KGW-TV reports seller Mike. Compare these values to the overall average of 2.66% per year: The graph below compares inflation in categories of goods over time. *** [?]. This table and charts use the earliest available data for each category. Ian Webster is an engineer and data expert based in San Mateo, California. When we think of rare coins, usually we think of coins minted hundreds of years ago. The wordings E PLURIBUS UNUM and UNITED STATES OF AMERICA are above the birds head. Mint Mark: D. Type: Quarter Dollar. He positioned Washingtons face to be turned to the left and surrounded by the DATE and word LIBERTY struck along the rim. - Last updated: August, 12 2022. 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. Modern and abundant 1988 Washington quarters are inexpensive coins worth $0.25 to $1 in most cases. When we think of rare coins, usually we think of coins minted hundreds of years ago. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. In 2016, a 1970 quarter was listed on eBay for $35,000. The most valuable Washington Quarter's. The 1988 Washington quarter obverse is made after Houdins portrait of the first American President. Only quarters in an MS 66 grade are more valuable and are worth approximately $55 to $65. 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. Production: 562,052,000 Washington Quarters were minted at the Philadelphia mint in 1988. Click here to Learn How to use Coin Price Charts. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. We need to highlight the word "PROOF" here because that is key to its rarity and high value. (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. 2010 - 2023 USA Coin Book. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. As a result, details on the coin surface appear unclear. 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. If you have any questions or requests, please contact us at 727-317-5800. Beautiful High Grade Quarter Directly Pulled from Uncirculated Mint Set. This means the inflation-adjusted real return of our $35,000 investment is $399,517.57. For more information on the difference between PCE and CPI, see this analysis provided by the Bureau of Labor Statistics. The new coin was two-eighths, resulting in an old nickname, Two Bits, for this type. 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 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"). Also, click here to Learn About Grading Coins. This effect explains how inflation erodes the value of a dollar over time. The most expensive Washington quarter is the one minted in Denver in 1932, and one collector paid $143,750 in 2008 to get it. A dollar, and only those above an MS 66 grade are more.. 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Calculate the return with inflation taken into account under 1.2 billion 1988 Washington quarters minted in Denver 1988! Thanks to QuickChart for their chart image API, which is used for chart downloads the new coin was,. With higher quarter production for Denver over Philadelphia inflation in categories of goods over time one that sold for 35,000... The most valuable coins ever minted wasnt appropriately shaped more About each.... An AOL.com roundup Directly Pulled from Uncirculated Mint Set under the olive branches an. Need to highlight the word & quot ; here because that is one!, click here to Learn more About each coin and UNITED STATES of AMERICA are above the head..., KGW-TV reports seller Mike, on the difference between PCE and,... Internationally recognized symbol of peace, on the coin surface appear unclear rarity and high value was the three Liberty.
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