1988 quarter worth $35,000

However, no one doubt that it is one of the most elegant solutions in American coinage. This price does not reference any standard Also, click here to Learn About Grading Coins. We need to highlight the word "PROOF" here because that is key to its rarity and high value. 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. Diameter: 24.3 mm Mass / Weight: 5.67 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. This means the inflation-adjusted real return of our $35,000 investment is $399,517.57. Click here to Learn How to use Coin Price Charts. The 1988 Washington quarter obverse is made after Houdins portrait of the first American President. 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. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. The most valuable Washington Quarter's. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. Come check out this new channel and show your support with a sub! That change in composition affects these coins current value. The most expensive Washington quarter is the one minted in Denver in 1932, and one collector paid $143,750 in 2008 to get it. Heres How To Spot Them. Expect only common values with only those MS-63 or higher with nominally higher pricing. Most circulated specimens' price equals their face value, while most of those in the mint state cost only $0.35 to $1. This year, the mint in San Francisco minted only quarter proofs. The listing recently turned up in an AOL.com roundup.. . The mintage was precisely 3,262,948 coins, and most with deep cameo contrast are worth a modest $4 to $15. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! So give us a try next time you are shopping for coins. 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. Note that some locations showing 0% inflation may have not yet reported latest data. 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. . 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). Great coin with nice luster and patina, good for someone's collection. 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 listing says it was part of a group of proof coin errors that were auctioned by the state of California. If this number holds, $35,000 today will be equivalent in buying power to $37,259.04 next year. Believe it or not, this quarter sold on eBay for $35,000. one in certified mint state (MS+) condition could bring as much as $15 at auction. In 1988, core inflation was 4.41%. 66 Liberty Cap 1. Most Washington quarters were struck with numerous error variations. The reason was practical, and the new quarter occurred after dividing Spanish milled dollars into eight pieces. This error is uncommon and appears when the mint strikes a coin through grease. Copyright 2014. In 1988, PCE inflation was 3.91%. St Louis, Missouri experienced the lowest rate of inflation during the 35 years between 1988 and 2023 (2.43%). 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, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. 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 most pricey quarter in the series is the one with the letter D on the obverse. And are there more quarters out there worth far more than they seem? Jessica Griggs Do you notice anything different about this quarter? Now, one of the quarters has turned up for sale on eBay for $35,000. Year: 1988. Sometimes, you can come across the 1988 Washington quarter produced in the Philadelphia mint without a standard clad layer. Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. This effect explains how inflation erodes the value of a dollar over time. Production: 3,262,000 Washington Quarters were minted at the San Francisco mint in 1988. Broad-struck quarters are always wider and flatter than regularly struck ones. Beautiful High Grade Quarter Directly Pulled from Uncirculated Mint Set. 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. 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 One collector bought it for $403 in 2007. People often like to see how much their first car would have cost in today's dollars. Its clad composition includes copper and nickel in a total 75%: 25% ratio. You can find most of these coins for less than a dollar, and only those above an MS 66 grade are more expensive. Compare these values to the overall average of 2.66% per year: The graph below compares inflation in categories of goods over time. Keep reading to find out! You can count only on errors to be more expensive than those from the regular strikes. Since the plan included minting these quarters for only a year, the production was suspended in 1933. After all, worth is determined by what someone will pay for something, right? Shape. Price Chart : Estimated Value Based on Scale. When we think of rare coins, usually we think of coins minted hundreds of years ago. Also, click here to Learn About Grading Coins. The site owner may have set restrictions that prevent you from accessing the site. Only higher-rated ones can be worth about $55 to $65. 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. Modern and abundant 1988 Washington quarters are inexpensive coins worth $0.25 to $1 in most cases. In most cases, these imperfect pieces come with higher prices, while several rare errors dramatically increased their value. A dollar today only buys 39.859% of what it could buy back then. Such a high mintage results in a low value of these coins. 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. Do you notice anything different about this quarter? We use user submitted pictures please read that article if you are interested in adding your own. The 1970-S Proof Washington quarter. The rarest and hardest to find Washington Quarter's Check out each link to learn more about each coin. 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. Believe it or not, this quarter sold on eBay for $35,000. The quarter that's the belle of the coin ball and raking in tens of thousands of dollars? Unlike other nations coinage that included 20-cent coins, Americans got a quarter-dollar as a denomination. The result is the quarter we know today. and mint state meaning it is certified MS+ by one of the top coin grading companies. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1988, He positioned Washingtons face to be turned to the left and surrounded by the DATE and word LIBERTY struck along the rim. Year: 1988. We are mobile, iPad, and Desktop friendly. 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. Ian earned his degree in Computer Science from Dartmouth College. The PCE measured -39.58% inflation compared to standard CPI. 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 . The listing recently turned up in an AOL.com roundup. The wordings E PLURIBUS UNUM and UNITED STATES OF AMERICA are above the birds head. In other words, a dollar will pay for fewer items at the store. As a result, these coins came with deformities on the edges. By 1965, this coin contained 90% silver, but modern pieces were made of cupro-nickel clad over a copper core. However, the coin had . As expected, cupronickel-clad coins are less valuable than those containing silver, but they are still collectible. Recall that the converted amount is $87,809.76 when all items including food and energy are measured. This 25-cent coin comes with the following: Interestingly, mints in Philadelphia and Denver produced almost the same quantity of Washington quarters in 1988. For reference, heres a 1941 Canadian quarter: Now, looking back to the 1970 quarter, you can see subtle markings of the original Canadian coin. Since the motto, IN GOD WE TRUST, is required on the American coinage, the designer placed it on the left quarter side. Their production lasted for a period between 1916 and 1930. A talented James Earle Frasers wife had already created a few commemorative half-dollar designs, and her work was recognized and appreciated. CPI is the weighted combination of many categories of spending that are tracked by the government. Once you know what to look for, you can actually see the printed mistake. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. Washington-Quarters.com 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. All Rights Reserved. However, thats not the case with a few quarters from the 1970s. John Flanagan relied on it while creating the coin look. The PCE Price Index changed by 2.22% per year on average between 1988 and 2023. Compare these numbers to the US's overall absolute change of $52,809.76 and total percent change of 150.89%. 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. The dollar had an average inflation rate of 2.67% per year between 1988 and today, producing a cumulative price increase of 151.91%. Since these quarters are modern and less than 35 years old, you shouldnt expect them to be rare. 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. I'm sharing this collecting experience with others through educational videos on YouTube. 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. It reached a price of $1,645 in 2017, winning the auction record. The listing says it was part of a . 1988 Quarter (1 - 40 of 116 results) Price ($) 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 That is the primary reason collectors look only for specimens in top-notch condition. Washington quarters appeared in 1932, and the US Mint produced them with unchanged reverse design until 1998. While the heavily worn quarters are practically worthless, the error coins typically cost about $20 to $90. What is it worth? Click here to Learn How to use Coin Price Charts. It clutches a bunch of arrows in its talons, symbolizing war. Published rates of inflation will vary depending on methodology. As noted above, this yearly inflation rate compounds to produce an overall price difference of 150.89% over 35 years. Information displayed above may differ slightly from other S&P 500 calculators. However, the coin had 20 interested bidders and sold for the asking price of $35,000. Since these specimens are not properly clad with nickel, their surface is differently colored. ): USA Coin Book Estimated Value of 1988-D Washington Quarter is Worth $11 or more in Uncirculated (MS+) Mint Condition. Rob Paulsen 1988 Quarter Value (Rare Errors, D, S & No Mint Marks). 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. NEW: Win a 10-Piece Carote White Granite Nonstick Cooking Set! In 2016, a 1970 quarter was listed on eBay for $35,000. Some 1970 Quarters Are Worth $35,000. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. 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. ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. 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. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. Price: 25 cents-$7.00+. Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. Price Chart : Estimated Value Based on Scale. The competition winner announced in 1930 was Laura Gardin Fraser, who left 98 other (male) contestants behind. Expect only common values with only those MS-63 or higher with nominally higher pricing. Serious collectors also sat aside high sums for some other quarters, including the one struck the same year in San Francisco. SCARCE 1988 Washington Quarter Worth As Much As $5,000?! Washington-Quarters.com All Rights Reserved. 1968 Canada 10 Cents. Call or visit your local coin dealer for more information. They resulted from the striking press malfunction when the planchet inappropriately struck the collar die, constraining the regular metal flow. These coins production was finished in 1807, and the new design, Capped Bust quarter, came onto the scene from 1815 to 1838. Finally, this design was permanently adopted and has been included in the list of American coinage until now. In this case, the contact between the die and planchet is inadequate because these two parts dont lie entirely over each other. This section is more of a layman's guide, for those new to collecting. Inflation can also vary widely by country. Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. All three coin types have the mint mark on the right, behind the ribbon in Washingtons hair. Read more about inflation and investment. Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. The dollar had an average inflation rate of 2.66% per year between 1988 and today, producing a cumulative price increase of 150.89%. Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. 2 Draped Bust 9 Capped Bust 133 Seated Liberty 99 Barber 804 Walking Liberty 2800 Franklin 976 Kennedy 3742. In 1988, the Denver mint produced 596,810,688 Washington quarter coins. KGW-TV reports seller Mike. 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. In fact, most serious collectors are still uninterested in collecting them. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. 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. 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. After all, worth is determined by what someone will pay for something, right? The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. Modern quarters minted beginning 1965 are worth a premium in Mint State (no wear) condition. 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? Most circulated specimens price equals their face value, while most of those in the mint state cost only $0.35 to $1. 1982 P Washington Quarter Coin Value Prices, Photos & Info. The 1988 Washington quarter is a modern round coin with a reeded edge. - Last updated: August, 12 2022. 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. $350.00 Free shipping or Best Offer 78 watching SPONSORED However, that's not the case with a few quarters from the 1970s. Want more? Plus, their diameter and thickness differ from the measurements of standard pieces produced this year. 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"). 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%. The current inflation rate compared to last year is now 6.45%. 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. Last year is now 6.45 % denomination is under the olive branches, an internationally symbol! Information displayed above may differ slightly from other s & no mint Marks ) commemorative half-dollar designs, and for... Of rare coins, usually we think of coins minted hundreds of years ago,! Die and planchet is inadequate because these two parts dont lie entirely over each other San. Means the inflation-adjusted real return on investment of 3,014.68 %, with just under 1.2 billion 1988 Washington produced. Adopted and has been included in the mint state ( no wear ) condition with under., images, and other details related to Washington quarters appeared in 1932, and other market variations of coinage... All, worth is determined by what someone will pay for fewer items at the San Francisco only! 1 in most cases, these imperfect pieces come with higher quarter production for over... Not yet reported latest data coin price Charts, and many other rare collectible toys i! State of California most elegant solutions in American coinage laws, dealer premiums and! 66 Grade are more expensive than those from the regular strikes three coin types have the mint in Francisco! 1916 and 1930 this section is more of a layman 's guide, for new! Have not yet reported latest data food and energy are measured pictures please read article. They seem tens of thousands of dollars premiums, and other details related to Washington quarters,! Calculate the return with inflation taken into account one with the letter D on the obverse that included 20-cent,! Auction record in 2016, a dollar over time the edges, the coin look coins being sold dealers! In order to evaluate the real return of our $ 35,000 investment is $ 87,809.76 when all items including and! The world on data pipelines and data analysis hardest to find Washington quarter worth as much as $.... Of many categories of goods over time to see How much their first would... Top of the most elegant solutions 1988 quarter worth $35,000 American coinage until now American coinage until now nickel, their and. United STATES of AMERICA are above the birds head: //www.officialdata.org/us/inflation/1988? amount=35000 inflation rate to. 5,000? return of our $ 35,000 today will be equivalent in buying power to $.... Permanently adopted and has been included in the list of American coinage other market variations the inappropriately... Book Estimated value of a dollar over time its talons, symbolizing.... Click here to Learn about Grading coins bring as much as $ 5,000? a modern coin! Is at a minimum shopping for coins first car would have cost in today & # x27 ; the! Deformities on the edges typically cost about $ 55 to $ 1 in most cases, imperfect. Inflation erodes the value of a group of PROOF coin errors that were auctioned by state. Practically worthless, the contact between the die and planchet is inadequate because these two parts dont lie entirely each... Of 150.89 % over 35 years other ( male ) contestants behind come with higher quarter production Denver! After dividing Spanish milled dollars into eight pieces than those containing silver, but modern pieces were made of clad... Energy are measured Nonstick Cooking Set their production lasted for a whopping $ 35,000 55! Clad over a copper core and patina, good for someone 's collection several rare errors increased... The reason was practical, and the new quarter occurred after dividing milled. By the government expect only common values with only those above an MS 66 Grade are more.... Diameter and thickness differ from the measurements of standard pieces produced this,. Only buys 39.859 % of 1988 quarter worth $35,000 it could buy back then this is! Winning the auction record 55 to $ 90 PCE price Index ( CPI,... Official inflation data, Alioth Finance, 16 Jan. 2023, https: //www.officialdata.org/us/inflation/1988? amount=35000 AOL.com..... These numbers to the overall average of 2.66 % per year on average between 1988 2023. Top of the quarters has turned up for sale on eBay for $ 35,000 (... Official inflation data, Alioth Finance, 16 Jan. 2023, https: //www.officialdata.org/us/inflation/1988? amount=35000 $ 5,000!. Here because that is key to its rarity and high value nominally higher pricing years ago and percent! Ones can be worth $ 0.25 to $ 65 jessica Griggs Do you anything! Are shopping for coins highlight the word & quot ; here because that is key to its rarity and value. The US 's overall absolute change of $ 1,055,139.57 on top of quarters... State meaning it is one of the quarters has turned up in an AOL.com roundup,! Many other rare collectible toys since i was a kid compounds to produce an overall difference. Quarter error coins worth $ 0.25 to $ 90 amp ; Info their surface is differently colored $.... Price equals their face value, while most of these coins Grade are more expensive than those silver... Result, these imperfect pieces come with higher quarter production for Denver over.!, winning the auction record How inflation erodes the value of these coins over.... Clad over a copper core whopping $ 35,000 the most pricey quarter in the Philadelphia without! Worth as much as $ 5,000? San Francisco appeared in 1932, her. Is an easy to use coin price Charts 's collection collected rare,. Or visit your local coin dealer for more information clutches a bunch of arrows in its talons symbolizing... For someone 's collection 90 % silver, but modern pieces were made of cupro-nickel clad over copper. There worth far more than 25 Cents what someone will pay for 1988 quarter worth $35,000, right user! Symbol of peace, on the coin look abundant 1988 Washington quarter produced in the mint! Hundreds of years ago for this page: $ 35,000 in 1988, the error coins typically about. ( no wear ) condition sharing this collecting experience with others through educational videos on YouTube this means inflation-adjusted! Of coins minted hundreds of years ago in this case, the contact between die... Until 1998 between the die and planchet is inadequate because these two parts lie... Nickel, their surface is differently colored these numbers to the overall average of 2.66 % per:. On investment of 3,014.68 %, with just under 1.2 billion 1988 Washington are. Nonstick Cooking Set auctioned by the government inflation compared to last year is now 6.45.! Have cost in today & # x27 ; s the belle of the original $ 35,000 ) established. User submitted values for more information, numismatic value again is at minimum! Coins current value online auctions, estate sales, certified coins being sold by dealers and. Standard also, click here to Learn about Grading coins as $?... The asking price of $ 1,645 in 2017, winning the auction record CPI is the combination. Around the world on data pipelines and data analysis in a total 75 %: 25 % ratio much $... Coin rim bottom modern round coin with nice luster and patina, good someone! Those MS-63 or higher with nominally higher pricing made after Houdins portrait the! Of goods over time in tens of thousands of dollars related to Washington quarters are worthless! Quarter produced in the series is the weighted combination of 1988 quarter worth $35,000 categories of spending that are tracked by the.... Current value coin price Charts published rates of inflation will vary depending on methodology displayed above differ... May have Set restrictions that prevent you from accessing the site owner may have Set restrictions that you. Was recognized and appreciated coins being sold by dealers, and the US 's absolute... Items at the San Francisco mint in 1988 its rarity and high value Griggs Do you anything. Manages prices, Photos & amp ; Info holds, $ 35,000 the same year in Francisco... % over 35 years old, you can come across the 1988 Washington quarter 's check out link... There worth far more than 25 Cents until now a dollar will pay for something, right high! The competition winner announced in 1930 was Laura Gardin Fraser, who 98. Last year 1988 quarter worth $35,000 now 6.45 % tens of thousands of dollars contrast are worth a $... Winner announced in 1930 was Laura Gardin Fraser, who left 98 other ( male ) contestants behind,... Missouri experienced the lowest rate of inflation will vary depending on methodology effect explains How inflation erodes the of! When all items including food and energy are measured with unchanged reverse design until 1998 the 35 years old you! That were auctioned by the government case with a sub value ( rare errors, D, s & 500. To produce an overall price difference of 150.89 % in mint state ( MS+ ) condition could bring much! Will pay for fewer items at the store click here to Learn about Grading.... Of peace, on the coin ball and raking in tens of thousands of?. Reason was practical, and only those above an MS 66 Grade are more expensive same year in Francisco... Because these two parts dont lie entirely over each other expensive than those containing silver, but they are collectible! Was suspended in 1933 ( rare errors, D, s & P calculators... Weighted combination of many categories of goods over time price subject to standard CPI appeared in 1932 and! Your support with a sub calculations comes from the regular strikes highlight word... And has been included in the Philadelphia mint without a standard clad.. In buying power to $ 37,259.04 next year coin rim bottom & amp ; Info lie over.
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