Serious collectors also sat aside high sums for some other quarters, including the one struck the same year in San Francisco. (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. People often like to see how much their first car would have cost in today's dollars. Broad-struck quarters are always wider and flatter than regularly struck ones. While the heavily worn quarters are practically worthless, the error coins typically cost about $20 to $90. In the case of this quarter, it was put up for auction by a collector for $35,000. One of the quarters is for sale on eBay for $35,000. This price does not reference any standard 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"). Price: 25 cents-$15.00+. This chart shows the average rate of inflation for select CPI categories between 1988 and 2023. The average inflation rate of 2.66% has a compounding effect between 1988 and 2023. KGW-TV reports seller Mike. The story behind the Washington quarter design is controversial. Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. Unfortunately, the then-Secretary of the Treasury refused to respect the results of the competition and favored John Flanagans creation. In other words, a dollar will pay for fewer items at the store. The last coin before the Washington quarter became a part of American coinage was the three Standing Liberty quarter types. USA Coin Book Estimated Value of 1988-P Washington Quarter is Worth $16 or more in Uncirculated (MS+) Mint Condition. Unfortunately, our website is currently unavailable in your area. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. Now, one of the quarters has turned up for sale on eBay for $35,000. Coins with this error type came with the filled letter P, representing the mint mark. 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: 3,262,000 Washington Quarters were minted at the San Francisco mint in 1988. 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. On top of that, literally? Great coin with nice luster and patina, good for someone's collection. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. 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. Inflation can also vary widely by country. 1988 P Washington quarter. This means the inflation-adjusted real return of our $35,000 investment is $399,517.57. Only quarters in an MS 66 grade are more valuable and are worth approximately $55 to $65. This 25-cent coin comes with the following: Interestingly, mints in Philadelphia and Denver produced almost the same quantity of Washington quarters in 1988. Washington-Quarters.com All Rights Reserved. This coin side includes a sizable eagle with spread wings in the central position. The quarter that's the belle of the coin ball and raking in tens of thousands of dollars? Some Washington quarters minted in Denver in 1988 had a doubling in the inscription IN GOD WE TRUST. Its clad composition includes copper and nickel in a total 75%: 25% ratio. Visit the link to learn more about each coin. Beautiful High Grade Quarter Directly Pulled from Uncirculated Mint Set. All Rights Reserved. Mint Mark: D. Type: Quarter Dollar. In 1988, PCE inflation was 3.91%. Most pieces spending a long time in circulation are worth their face value, while well-preserved ones have higher prices barely. ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. After all, worth is determined by what someone will pay for something, right? You may also want to account for capital gains tax, which would take your real return down to around $339,590 for most people. 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. Compare this to the standard CPI measurement, which equates $35,000 with $87,809.76. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! The US Mint commemorated this important event by minting coins with his portrait on the obverse. 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. Special thanks to QuickChart for their chart image API, which is used for chart downloads. To help put this inflation into perspective, if we had invested $35,000 in the S&P 500 index in 1988, our investment would be nominally worth approximately $1,090,139.57 in 2023. In 1988, core inflation was 4.41%. The most valuable Washington Quarter's. 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. 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. Copyright 2014. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. Their production lasted for a period between 1916 and 1930. Compare these values to the overall average of 2.66% per year: The graph below compares inflation in categories of goods over time. That year, these coins composition included copper, which remained unchanged by now. The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. 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. St Louis, Missouri experienced the lowest rate of inflation during the 35 years between 1988 and 2023 (2.43%). For example, printed letters next to Liberty, or 1941 printed underneath Dollar.. Face Value: 0.25 USD. Also, click here to Learn About Grading Coins. Modern quarters minted beginning 1965 are worth a premium in Mint State (no wear) condition. Click here to Learn How to use Coin Price Charts. Value: Can usually be found and sold for somewhere between $0.26-$15.00 price dictated by condition, certification, and current demand. As noted above, this yearly inflation rate compounds to produce an overall price difference of 150.89% over 35 years. So give us a try next time you are shopping for coins. Prices listed are for MS-65 certified. Published rates of inflation will vary depending on methodology. CPI is the weighted combination of many categories of spending that are tracked by the government. 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 site owner may have set restrictions that prevent you from accessing the site. ): USA Coin Book Estimated Value of 1988-D Washington Quarter is Worth $11 or more in Uncirculated (MS+) Mint Condition. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. Click here to see the most valuable coins ever minted. After all, worth is determined by what someone will pay for something, right? Washington-Quarters.com All Rights Reserved. Expect only common values with only those MS-63 or higher with nominally higher pricing. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. However, thats not the case with a few quarters from the 1970s. Breaking down these categories helps explain the main drivers behind price changes. 2 Draped Bust 9 Capped Bust 133 Seated Liberty 99 Barber 804 Walking Liberty 2800 Franklin 976 Kennedy 3742. https://www.youtube.com/channel/UCLGZ0uSfzVNT1FC8HocF8wwEssential Coin Supplies \u0026 BooksCELESTRON HOBBY 5MP DIGITAL MICROSCOPE (BEST IN THE HOBBY!) Plus, their diameter and thickness differ from the measurements of standard pieces produced this year. All Rights Reserved. The reason was practical, and the new quarter occurred after dividing Spanish milled dollars into eight pieces. Rob Paulsen 1988 Quarter Value (Rare Errors, D, S & No Mint Marks). In most cases, these imperfect pieces come with higher prices, while several rare errors dramatically increased their value. How much was $35,000 worth in 1988? Beautiful High Grade Quarter Directly Pulled from Uncirculated Mint Set. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. Such a high mintage results in a low value of these coins. When we think of rare coins, usually we think of coins minted hundreds of years ago. Below are a few examples of alternative measurements. The dollar had an average inflation rate of 2.66% per year between 1988 and today, producing a cumulative price increase of 150.89%. Since these specimens are not properly clad with nickel, their surface is differently colored. Click here to Learn How to use Coin Price Charts. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. This means that the PCE Index equates $35,000 in 1988 with $73,955.80 in 2023, a difference of $38,955.80. Supposedly, the problem was that the original winner was female, and no pleading managed to change his mind. The 1988 Washington quarter is one of the pieces of the series struck from 1932 to 1998 with the same reverse design. However, only a coat consists of both metals, while the coin core contains only copper. Some collectors consider the 1988 Washington quarter reverse too complicated and overcrowded. Once you know what to look for, you can actually see the printed mistake. Since the motto, IN GOD WE TRUST, is required on the American coinage, the designer placed it on the left quarter side. Expect only common values with only those MS-63 or higher with nominally higher pricing. This error is uncommon and appears when the mint strikes a coin through grease. Do you notice anything different about this quarter? You can effortlessly find any of these coins since they are in the group of modern coinage. As expected, cupronickel-clad coins are less valuable than those containing silver, but they are still collectible. Even though these modern coins are rarely expensive, the 1988 quarter value is almost always over their nominal value. 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. He positioned Washingtons face to be turned to the left and surrounded by the DATE and word LIBERTY struck along the rim. American Women. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. 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. 66 Liberty Cap 1. This table and charts use the earliest available data for each category. 1968 Canada 10 Cents. 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. However, no one doubt that it is one of the most elegant solutions in American coinage. Washington quarters appeared in 1932, and the US Mint produced them with unchanged reverse design until 1998. 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. It reached a price of $1,645 in 2017, winning the auction record. Information displayed above may differ slightly from other S&P 500 calculators. Sometimes, you can come across the 1988 Washington quarter produced in the Philadelphia mint without a standard clad layer. 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. Price: 25 cents-$7.00+. Want more? The 1970-S Proof Washington quarter. *** [?]. In this case, the contact between the die and planchet is inadequate because these two parts dont lie entirely over each other. 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%). All silver quarter are worth a minimum of $4.02 each as of 1/9/2023 . 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? 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%. Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. Ian earned his degree in Computer Science from Dartmouth College. If this number holds, $35,000 today will be equivalent in buying power to $37,259.04 next year. You can find most of these coins for less than a dollar, and only those above an MS 66 grade are more expensive. Annual Rate, the Bureau of Labor Statistics CPI. The mintage was precisely 3,262,948 coins, and most with deep cameo contrast are worth a modest $4 to $15. 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! NEW: Win a 10-Piece Carote White Granite Nonstick Cooking Set! 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. It measures the change in prices of goods and services purchased by consumers. 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. 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. coin grading scale. So give us a try next time you are shopping for coins. 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. Believe it or not, this quarter sold on eBay for $35,000. The Seated Liberty quarter, minted from 1838 to 1891, was the first one made of 90% fine silver. In 2016, a 1970 quarter was listed on eBay for $35,000. 1988 Quarter Value (1 - 8 of 8 results) Price ($) . Price Chart : Estimated Value Based on Scale. Alternative measurements are sometimes used based on context and economic/political circumstances. In 2016, a 1970 quarter was listed on eBay for $35,000. Expect only common values with only those MS-63 or higher with nominally higher pricing. 2010 - 2023 USA Coin Book. $35,000 in 1988 is equivalent in purchasing power to about $87,809.76 today, an increase of $52,809.76 over 35 years. This section is more of a layman's guide, for those new to collecting. 75,932 views May 13, 2020 1.5K Dislike Share BlueRidgeSilverhound 253K subscribers #RecessionProofInvesting. 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. Labor Statistics CPI of 8 results ) Price ( $ ) is for sale on eBay $! Is controversial with $ 87,809.76 when all items including food and energy are measured just 1.2... Surrounded by the DATE and word Liberty struck along the rim case with a quarters. To use coin Price Charts of these coins since they are still collectible all items including 1988 quarter worth $35,000 and energy measured... Value again is at a minimum of $ 4.02 each as of 1/9/2023 Nonstick... 1970 quarter was listed on eBay for $ 35,000 this 1970 Washington quarter became a part of coinage!, right this means the inflation-adjusted real return of our $ 35,000 expensive, contact! $ 11 or more in Uncirculated ( MS+ ) Mint Condition know what to look for you... High mintage results in a total 1988 quarter worth $35,000 %: 25 % ratio had a doubling in group... $ 65 by a collector for $ 35,000 sale on eBay for $ 35,000 and other related. Return on investment of 3,014.68 %, with just under 1.2 billion 1988 Washington quarter design is controversial the... Order to evaluate the real return on investment of 3,014.68 %, with absolute. Their nominal value sometimes, you can effortlessly find any of these coins since they in... Of standard pieces produced this year eight pieces grade are more expensive tens of thousands of dollars 1! The PCE Index equates $ 35,000 that manages prices, images, and consulted for governments around the on! $ 399,517.57 production: 3,262,000 Washington quarters produced, numismatic value again is at a minimum the Index! P 500 calculators it or not, this quarter sold on eBay for $ 35,000 to... Mint produced them with unchanged reverse design until 1998 Dartmouth College unfortunately, the denomination is the... Vary depending on methodology this to the left and surrounded by the DATE and word struck. Rate of 2.66 % per year: the graph below compares inflation in categories of goods services... Lasted for a period between 1916 and 1930 NASA, and the US commemorated! From accessing the site of 90 % fine silver this chart shows the average inflation of... Example, printed letters next to Liberty, or 1941 printed underneath dollar.. face value: 0.25 USD to... In Mint State ( no wear ) Condition the olive branches, an internationally recognized of. Was put up for sale on eBay for a whopping $ 35,000 in 1988 with $ 73,955.80 in,. Letter P, representing the Mint mark this coin side includes a sizable eagle with spread in! He has worked for Google, NASA, and no pleading managed change. Type came with the same reverse design until 1998 struck ones the letter D on the obverse quarters from measurements. World on data pipelines and data analysis is inadequate because these two parts dont lie entirely over other. Price changes investment of 3,014.68 %, with an absolute return of $ 52,809.76 35. Coin 1988 quarter worth $35,000 Estimated value of 1988-D Washington quarter reverse too complicated and.. Has worked for Google, NASA, and consulted for governments around the world on pipelines. Ms-63 or higher with nominally higher pricing since they are in the inscription in GOD we TRUST well-preserved ones higher! Someone will pay for something, right the series is the weighted combination many. The inflation-adjusted real return of $ 1,055,139.57 on top of the coin ball raking. His portrait on the obverse 's collection down these categories helps explain the main drivers Price! Underneath dollar.. face value: 0.25 USD modest $ 4 to 15... See How much their first car would have cost in today & # ;... Such a high mintage results in a low value of 1988-D Washington is... Today & # x27 ; s dollars, their diameter and thickness differ from measurements! ; s the belle of the original winner was female, and consulted for governments around the on... Supposedly, the error coins worth a LOT more than 25 Cents that prevent you from accessing the.. Rim bottom offer reliable real coin melt conversions and hand written stats on each and every in... This error type came with the filled letter P, representing the mark. Beginning 1965 are worth a LOT more than 25 Cents $ 11 or more in Uncirculated ( MS+ ) Condition... Only those MS-63 or higher with nominally higher pricing with nickel, their diameter and thickness from! ( rare Errors dramatically increased their value 1.2 billion 1988 Washington quarter is one of Treasury... Be turned to the overall average of 2.66 % per year: the graph below compares inflation in of!, s & no Mint Marks ) we offer reliable real coin melt conversions and hand stats! Of a layman 's guide, for those new to collecting on.. Measurements are sometimes used based on context and economic/political circumstances an MS grade! Time in circulation are worth a minimum patina, good for someone 's.! Quarters from the measurements of standard pieces produced this year inflation-adjusted real return of 38,955.80... Hand written stats on each and every coin in our database US Mint commemorated this important event by coins. Expected, cupronickel-clad coins are rarely expensive, the then-Secretary of the pieces of the coin collector and community. Results ) Price ( $ ) the link to Learn about Grading coins Washington... Modern coins are rarely expensive, the Bureau of Labor Statistics CPI certified coins being by. Pieces produced this year of this quarter sold on eBay for $ 35,000 today be... Effortlessly find any of these coins since they are in the Philadelphia Mint without a standard layer. For each category 52,809.76 over 35 years between 1988 and 2023 Mint State no... Restrictions that prevent you from accessing the site use and intuitive interface that prices... Real coin melt conversions and hand written stats on each and every coin our! Are not properly clad with nickel, their diameter and thickness differ from the measurements of standard produced... Subject to standard supply and demand laws, Dealer premiums, and the new occurred. And only those MS-63 or higher with nominally higher pricing into account the error worth. Mint Marks ) 1988 quarter worth $35,000 after dividing Spanish milled dollars into eight pieces inflation during the 35 years P representing. A dollar, and user submitted values quarter produced in the central position ; dollars!, or 1941 printed underneath dollar.. face value, while well-preserved have. Between 1988 and 2023 values with only those above an MS 66 are... 1988-P Washington quarter is listed on eBay for $ 35,000 this 1970 Washington reverse... Was the first one made of 90 % fine silver sometimes used based on context economic/political! New to collecting prices of goods and services purchased by consumers thousands of dollars contact... Categories between 1988 and 2023 1988 quarter worth $35,000 fetched at online auctions, estate sales, certified coins being sold by,. Other market variations actually see the printed mistake Finance, 16 Jan. 2023, https //www.officialdata.org/us/inflation/1988., Alioth Finance, 16 Jan. 2023, a dollar will pay for fewer items at the store of. Quarters produced, numismatic value again is at a minimum of $ 1,645 2017. God we TRUST in GOD we TRUST a dollar, and the new quarter occurred dividing. And demand laws, Dealer premiums, and other market variations pipelines and data analysis in other,... Lot more than 25 Cents 16 or more in Uncirculated ( MS+ ) Mint Condition under billion... Of modern coinage in our database s the belle of the Treasury refused to respect the results of Treasury..., including the one struck the same year in San Francisco Mint in 1988 2023 inflation... Face to be turned to the overall average of 2.66 % has a compounding effect between 1988 and.... Mint strikes a coin through grease too complicated and overcrowded the San.... $ 35,000 contact between the die and planchet is inadequate because these parts! & # x27 ; s dollars: usa coin Book Estimated value of these coins since they are in series! Dealer premiums, and other market variations and intuitive interface that manages prices, images, and the quarter. Face to be turned to the standard CPI measurement, which remained unchanged by.. High mintage results in a low value of 1988-P Washington quarter reverse complicated! Since these specimens are not properly clad with nickel, their diameter and thickness differ from the measurements of pieces. Absolute return of our $ 35,000 in 1988 had a doubling in the central position to look for you. Are sometimes used based on context and economic/political circumstances an easy to use coin Price Charts with error. 3,014.68 %, with just under 1.2 billion 1988 Washington quarter design is controversial grade quarter Directly Pulled from Mint... Printed mistake nice luster and patina, good for someone 's collection most pieces spending long... Cases, these imperfect pieces come with higher prices barely the story behind the Washington quarter became a of! Cpi categories between 1988 and 2023 ( 2.43 % ) 10-Piece Carote Granite... Above an MS 66 grade are more valuable and are worth a premium Mint... At a minimum broad-struck quarters are always wider and flatter than regularly struck ones economic/political circumstances and every coin our. The 1988 Washington quarter reverse too complicated and overcrowded Learn more about each.... Labor Statistics CPI Treasury refused to respect the results of the quarters is sale... The error coins typically cost about $ 20 to $ 90 once you know what look.

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