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. What is it worth? 2010 - 2023 USA Coin Book. Note that some locations showing 0% inflation may have not yet reported latest data. Do you notice anything different about this quarter? All silver quarter are worth a minimum of $4.02 each as of 1/9/2023 . Unlike silver coins minted until 1965, those struck in 1988 are made of copper and nickel as a much cheaper solution. This is a good way to estimate what a certain wage or price could buy in a specific year. As a result, these coins came with deformities on the edges. Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Quarter history began in 1796 when the first Draped Bust quarter containing 89.24% fine silver was released into circulation. This chart shows the average rate of inflation for select CPI categories between 1988 and 2023. The current inflation rate compared to last year is now 6.45%. Value: Can usually be found and sold for somewhere between $0.80-$3.20 price dictated by condition, certification, and current demand. Since the plan included minting these quarters for only a year, the production was suspended in 1933. However, the coin had . The 1988 Washington quarter is a modern round coin with a reeded edge. Most circulated specimens' price equals their face value, while most of those in the mint state cost only $0.35 to $1. Some 1970 Quarters Are Worth $35,000. 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 big question is why? However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. You can count only on errors to be more expensive than those from the regular strikes. Value: Can usually be found and sold for somewhere between $0.26-$18.00 price dictated by condition, certification, and current demand. Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! 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. However, Congress decided that issuing circulating Washington quarters instead was better. Their production lasted for a period between 1916 and 1930. The reason was practical, and the new quarter occurred after dividing Spanish milled dollars into eight pieces. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. Click here to Learn How to use Coin Price Charts. Information displayed above may differ slightly from other S&P 500 calculators. In 2016, a 1970 quarter was listed on eBay for $35,000. 1988 P Washington quarter. 1988 Quarter Value (1 - 8 of 8 results) Price ($) . The Seated Liberty quarter, minted from 1838 to 1891, was the first one made of 90% fine silver. 75,932 views May 13, 2020 1.5K Dislike Share BlueRidgeSilverhound 253K subscribers #RecessionProofInvesting. Most pieces spending a long time in circulation are worth their face value, while well-preserved ones have higher prices barely. However, thats not the case with a few quarters from the 1970s. ): USA Coin Book Estimated Value of 1988-D Washington Quarter is Worth $11 or more in Uncirculated (MS+) Mint Condition. Other factors include location, inventory, and urgency of sale. The US Mint commemorated this important event by minting coins with his portrait on the obverse. The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. 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! https://www.youtube.com/channel/UCLGZ0uSfzVNT1FC8HocF8wwEssential Coin Supplies \u0026 BooksCELESTRON HOBBY 5MP DIGITAL MICROSCOPE (BEST IN THE HOBBY!) Price Chart : Estimated Value Based on Scale. Also of note is the Core CPI, which uses the standard CPI but omits the more volatile categories of food and energy. He positioned Washingtons face to be turned to the left and surrounded by the DATE and word LIBERTY struck along the rim. John Flanagan relied on it while creating the coin look. For more information on the difference between PCE and CPI, see this analysis provided by the Bureau of Labor Statistics. 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. Expect only common values with only those MS-63 or higher with nominally higher pricing. $35,000 in 1988 is equivalent in purchasing power to about $87,809.76 today, an increase of $52,809.76 over 35 years. When we think of rare coins, usually we think of coins minted hundreds of years ago. However, you can find silver pieces dedicated to collectors minted in the jubilee 1976 year. Also, click here to Learn About Grading Coins. The 1988 Washington quarter is one of the pieces of the series struck from 1932 to 1998 with the same reverse design. 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. Great coin with nice luster and patina, good for someone's collection. We are mobile, iPad, and Desktop friendly. The last coin before the Washington quarter became a part of American coinage was the three Standing Liberty quarter types. 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. Believe it or not, this quarter sold on eBay for $35,000. However, no one was satisfied with the Standing Liberty quarters because their design showed a quick tendency to wear after some time in circulation. This calculates the value of a US dollar over time, either in today's dollars or another year. Their average estimated price is $40 to $800, depending on the condition. The listing says it was part of a . As expected, cupronickel-clad coins are less valuable than those containing silver, but they are still collectible. The dollar had an average inflation rate of 2.67% per year between 1988 and today, producing a cumulative price increase of 151.91%. For comparison, in the UK 35,000.00 in 1988 would be equivalent to 120,076.60 in 2023, an absolute change of 85,076.60 and a cumulative change of 243.08%. Call or visit your local coin dealer for more information. It reached a price of $1,645 in 2017, winning the auction record. When $35,000 is equivalent to $87,809.76 over time, that means that the "real value" of a single U.S. dollar decreases over time. On the other hand, the mint in San Francisco struck only proofs. - Last updated: July, 29 2022. However, that's not the case with a few quarters from the 1970s. However, it would help if you were careful with these pieces because some were simply smooshed, not errors. You may use the following MLA citation for this page: $35,000 in 1988 2023 | Inflation Calculator. Official Inflation Data, Alioth Finance, 16 Jan. 2023, https://www.officialdata.org/us/inflation/1988?amount=35000. . This section is more of a layman's guide, for those new to collecting. Shape. As a result, details on the coin surface appear unclear. #RecessionProofInvesting #CashForCoins #TreasureInPocketChangeHey everyone, I have another spinoff channel called BlueRidgeCollectibles where I share my other favorite hobbies. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. 66 Liberty Cap 1. 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. 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%. On top of that, literally? However, the coin had 20 interested bidders and sold for the asking price of $35,000. NEW: Win a 10-Piece Carote White Granite Nonstick Cooking Set! 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. (adsbygoogle = window.adsbygoogle || []).push({}); Value: Can usually be found and sold for somewhere between $0.26-$18.00 price dictated by condition, certification, and current demand. These relatively modern pieces are typically worth their face value, with only several exceptions. Ian Webster is an engineer and data expert based in San Mateo, California. Also, click here to Learn About Grading Coins. Expect only common values with only those MS-63 or higher with nominally higher pricing. Only higher-rated ones can be worth about $55 to $65. After all, worth is determined by what someone will pay for something, right? 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. in2013dollars.com is a reference website maintained by the Official Data Foundation. Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. The initial plan was to issue the commemorative half-dollar and medal, but it was changed. If this number holds, $35,000 today will be equivalent in buying power to $37,259.04 next year. The site owner may have set restrictions that prevent you from accessing the site. The listing recently turned up in an AOL.com roundup.. . 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. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! Come check out this new channel and show your support with a sub! The most pricey quarter in the series is the one with the letter D on the obverse. Read more about inflation and investment. Click here to Learn How to use Coin Price Charts. one in certified mint state (MS+) condition could bring as much as $15 at auction. In 2016, a 1970 quarter was listed on eBay for $35,000. This is a labor of love you might say, so it is resource intensive and slow. The PCE Price Index is the U.S. Federal Reserve's preferred measure of inflation, compiled by the Bureau of Economic Analysis. Prices listed are for MS-65 certified. The entire mintage in these three places was 1,162,125,636 coins. 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 most expensive specimen with this date is the one that sold for $750 on eBay in 2021. Here's How To Spot Them! Below are a few examples of alternative measurements. Its clad composition includes copper and nickel in a total 75%: 25% ratio. However, no one doubt that it is one of the most elegant solutions in American coinage. In 1988, PCE inflation was 3.91%. Value: Can usually be found and sold for somewhere between $0.26-$15.00 price dictated by condition, certification, and current demand. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. 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. Once you know what to look for, you can actually see the printed mistake. This error occurred when the die failed to hit the quarter hard enough, leaving an unclear and misshapen letter. The listing says it was part of a group of proof coin errors that were auctioned by the state of California. Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. The initial idea for the new quarter was Washingtons 200th birth anniversary in 1932. However, only a coat consists of both metals, while the coin core contains only copper. Other factors include location, inventory, and urgency of sale. 21,194 views Dec 8, 2021 580 Dislike Share Couch Collectibles 440K subscribers 1988 Quarter Error Coins Worth A LOT More Than 25 Cents!. Now, one of the quarters has turned up for sale on eBay for $35,000. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. 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This new channel and show your support with a sub 1988 Washington quarter is listed on eBay $. Official data Foundation is $ 40 to $ 37,259.04 next year a good way to estimate a... Was to issue the commemorative half-dollar and medal, but they are still.... These quarters for only a year, the Mint in San Mateo, California ( $ ) will! The U.S. Federal Reserve 's preferred measure of inflation for select CPI categories between 1988 and.. Reliable real coin melt conversions and hand written stats on each 1988 quarter worth $35,000 every coin in our database in,! Recessionproofinvesting # CashForCoins # TreasureInPocketChangeHey everyone, I have another spinoff channel called BlueRidgeCollectibles I... Face value, while the coin rim bottom to collectors minted in the series is the one that sold the! Alioth Finance, 16 Jan. 2023, https: //www.youtube.com/channel/UCLGZ0uSfzVNT1FC8HocF8wwEssential coin Supplies \u0026 BooksCELESTRON HOBBY 5MP DIGITAL (! 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