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 clutches a bunch of arrows in its talons, symbolizing war. The list also included a commemorative Isabella quarter struck in 1893, while the next coin was the Barber quarter, minted from 1892 to 1916. Mint Mark: D. Type: Quarter Dollar. However, that's not the case with a few quarters from the 1970s. 2010 - 2023 USA Coin Book. Note that some locations showing 0% inflation may have not yet reported latest data. The listing says it was part of a . As noted above, this yearly inflation rate compounds to produce an overall price difference of 150.89% over 35 years. Expect only common values with only those MS-63 or higher with nominally higher pricing. 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. 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 $403 in 2007, winning the auction record. Their price is relatively low, and most circulated ones are worth as much as their face value. 2 Draped Bust 9 Capped Bust 133 Seated Liberty 99 Barber 804 Walking Liberty 2800 Franklin 976 Kennedy 3742. Sometimes, you can come across the 1988 Washington quarter produced in the Philadelphia mint without a standard clad layer. 1988 Quarter Value (1 - 8 of 8 results) Price ($) . For more information on the difference between PCE and CPI, see this analysis provided by the Bureau of Labor Statistics. Our calculations use the following inflation rate formula to calculate the change in value between 1988 and today: Then plug in historical CPI values. Heres How To Spot Them. However, Congress decided that issuing circulating Washington quarters instead was better. Also, click here to Learn About Grading Coins. Face Value: 0.25 USD. Do you notice anything different about this quarter? Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. People often like to see how much their first car would have cost in today's dollars. 66 Liberty Cap 1. Washington-Quarters.com All Rights Reserved. Beautiful High Grade Quarter Directly Pulled from Uncirculated Mint Set. In other words, a dollar will pay for fewer items at the store. This means that the PCE Index equates $35,000 in 1988 with $73,955.80 in 2023, a difference of $38,955.80. The site owner may have set restrictions that prevent you from accessing the site. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. Also of note is the Core CPI, which uses the standard CPI but omits the more volatile categories of food and energy. - Do You Have This Coin? The US Mint commemorated this important event by minting coins with his portrait on the obverse. We are mobile, iPad, and Desktop friendly. Some Washington quarters minted in Denver in 1988 had a doubling in the inscription IN GOD WE TRUST. These coins production was finished in 1807, and the new design, Capped Bust quarter, came onto the scene from 1815 to 1838. Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. 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! 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. American Women. On top of that, literally? After all, worth is determined by what someone will pay for something, right? Now, one of the quarters has turned up for sale on eBay for $35,000. Modern and abundant 1988 Washington quarters are inexpensive coins worth $0.25 to $1 in most cases. Year: 1988. While the heavily worn quarters are practically worthless, the error coins typically cost about $20 to $90. As expected, cupronickel-clad coins are less valuable than those containing silver, but they are still collectible. Steps Leading to Value: John Flanagan relied on it while creating the coin look. We are mobile, iPad, and Desktop friendly. 1988 P Washington quarter. Value: Can usually be found and sold for somewhere between $0.26-$18.00 price dictated by condition, certification, and current demand. Information displayed above may differ slightly from other S&P 500 calculators. 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. 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. USA Coin Book Estimated Value of 1988-P Washington Quarter is Worth $16 or more in Uncirculated (MS+) Mint Condition. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. 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! Unfortunately, the then-Secretary of the Treasury refused to respect the results of the competition and favored John Flanagans creation. The Seated Liberty quarter, minted from 1838 to 1891, was the first one made of 90% fine silver. Shape. #RecessionProofInvesting #CashForCoins #TreasureInPocketChangeHey everyone, I have another spinoff channel called BlueRidgeCollectibles where I share my other favorite hobbies. On the other hand, the mint in San Francisco struck only proofs. A talented James Earle Frasers wife had already created a few commemorative half-dollar designs, and her work was recognized and appreciated. Price: 25 cents-$7.00+. Believe it or not, this quarter sold on eBay for $35,000. Since the plan included minting these quarters for only a year, the production was suspended in 1933. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! The entire mintage in these three places was 1,162,125,636 coins. The current inflation rate compared to last year is now 6.45%. The competition winner announced in 1930 was Laura Gardin Fraser, who left 98 other (male) contestants behind. Come check out this new channel and show your support with a sub! 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. 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. By calculating the value in 1988 dollars, the chart below shows how $35,000 is worth less over 35 years. (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. 1982 P Washington Quarter Coin Value Prices, Photos & Info. This is a labor of love you might say, so it is resource intensive and slow. However, no one doubt that it is one of the most elegant solutions in American coinage. These numbers are not inflation adjusted, so they are considered nominal. The PCE measured -39.58% inflation compared to standard CPI. Quarter history began in 1796 when the first Draped Bust quarter containing 89.24% fine silver was released into circulation. When we think of rare coins, usually we think of coins minted hundreds of years ago. Serious collectors also sat aside high sums for some other quarters, including the one struck the same year in San Francisco. Production: 562,052,000 Washington Quarters were minted at the Philadelphia mint in 1988. For more details on the S&P 500 between 1988 and 2023, see the stock market returns calculator. The mintage was precisely 3,262,948 coins, and most with deep cameo contrast are worth a modest $4 to $15. For example, printed letters next to Liberty, or 1941 printed underneath Dollar.. Most circulated specimens price equals their face value, while most of those in the mint state cost only $0.35 to $1. 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. The quarter that's the belle of the coin ball and raking in tens of thousands of dollars? CPI is the weighted combination of many categories of spending that are tracked by the government. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. The most pricey quarter in the series is the one with the letter D on the obverse. Washington quarters appeared in 1932, and the US Mint produced them with unchanged reverse design until 1998. 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. ): USA Coin Book Estimated Value of 1988-D Washington Quarter is Worth $11 or more in Uncirculated (MS+) Mint Condition. 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. Ian Webster is an engineer and data expert based in San Mateo, California. The average inflation rate of 2.66% has a compounding effect between 1988 and 2023. Other . So give us a try next time you are shopping for coins. You can count only on errors to be more expensive than those from the regular strikes. COINS GUIDE BOOK - https://amzn.to/2MQCMf7CHERRYPICKER'S GUIDE VOLUME 1 (DIGITAL VERSION) - https://amzn.to/37w7lyxCHERRYPICKER'S GUIDE VOLUME 2 (DIGITAL VERSION) - https://amzn.to/2FgJZ3TSTRIKE IT RICH W/POCKET CHANGE - https://amzn.to/2Hq9AtLBeautiful Gold for Sale: http://amzn.to/1UM5eZdSilver Bullion for Sale: http://amzn.to/1ZJ9tsPClassic Coins for Sale: http://amzn.to/28vp0m1 However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. Here's How To Spot Them! Unlike other nations coinage that included 20-cent coins, Americans got a quarter-dollar as a denomination. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. 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%). Published rates of inflation will vary depending on methodology. Compare this to the standard CPI measurement, which equates $35,000 with $87,809.76. This error occurred when the die failed to hit the quarter hard enough, leaving an unclear and misshapen letter. A dollar today only buys 39.859% of what it could buy back then. This chart shows a calculation of buying power equivalence for $35,000 in 1988 (price index tracking began in 1635). 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. This means the inflation-adjusted real return of our $35,000 investment is $399,517.57. They resulted from the striking press malfunction when the planchet inappropriately struck the collar die, constraining the regular metal flow. - Last updated: July, 29 2022. The last coin before the Washington quarter became a part of American coinage was the three Standing Liberty quarter types. 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. $35,000 in 1988 is equivalent in purchasing power to about $87,809.76 today, an increase of $52,809.76 over 35 years. Supposedly, the problem was that the original winner was female, and no pleading managed to change his mind. . 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. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1988, and mint state meaning it is certified MS+ by one of the top coin grading companies. All three coin types have the mint mark on the right, behind the ribbon in Washingtons hair. All Rights Reserved. The initial idea for the new quarter was Washingtons 200th birth anniversary in 1932. Read more about inflation and investment. Value: Can usually be found and sold for somewhere between $0.26-$15.00 price dictated by condition, certification, and current demand. 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. This effect explains how inflation erodes the value of a dollar over time. 75,932 views May 13, 2020 1.5K Dislike Share BlueRidgeSilverhound 253K subscribers #RecessionProofInvesting. 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 . You can find most of these coins for less than a dollar, and only those above an MS 66 grade are more expensive. We use user submitted pictures please read that article if you are interested in adding your own. Also, click here to Learn About Grading Coins. - Last updated: August, 12 2022. Unfortunately, our website is currently unavailable in your area. Only quarters in an MS 66 grade are more valuable and are worth approximately $55 to $65. The 1988 Washington quarter obverse is made after Houdins portrait of the first American President. Second, look for one very specific quarter. These relatively modern pieces are typically worth their face value, with only several exceptions. Expect only common values with only those MS-63 or higher with nominally higher pricing. Some 1970 Quarters Are Worth $35,000. Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Unlike silver coins minted until 1965, those struck in 1988 are made of copper and nickel as a much cheaper solution. This price does not reference any standard 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. coin grading scale. Even though these modern coins are rarely expensive, the 1988 quarter value is almost always over their nominal value. 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. Copyright 2014. Since these specimens are not properly clad with nickel, their surface is differently colored. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. Most circulated specimens' price equals their face value, while most of those in the mint state cost only $0.35 to $1. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. The 1988 Washington quarter is one of the pieces of the series struck from 1932 to 1998 with the same reverse design. Mint Mark: S. Type: Quarter Dollar. The listing recently turned up in an AOL.com roundup.. . The PCE Price Index is the U.S. Federal Reserve's preferred measure of inflation, compiled by the Bureau of Economic Analysis. Expect only common values with only those MS-63 or higher with nominally higher pricing. In the case of this quarter, it was put up for auction by a collector for $35,000. So give us a try next time you are shopping for coins. The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. Coins with this error type came with the filled letter P, representing the mint mark. 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 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. In 1988, core inflation was 4.41%. Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. All Rights Reserved. Once you know what to look for, you can actually see the printed mistake. This table and charts use the earliest available data for each category. 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. Since the motto, IN GOD WE TRUST, is required on the American coinage, the designer placed it on the left quarter side. Of Economic analysis pay for fewer items at the store minted until 1965 those! Design until 1998 not, this yearly inflation rate compared to last is... To About $ 20 to $ 15 mint state cost only $ 0.35 to $ 15 minting! Set restrictions that prevent you from accessing the site Congress decided that issuing circulating Washington are. The real return on our investment, we must calculate the return with taken! Inflation will vary depending on methodology, 1988 quarter worth $35,000 Desktop friendly a try next you. A part of American coinage the mint mark already created a few commemorative designs... 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Silver community the 1988 Washington quarters appeared in 1932 is now 6.45 % sometimes, you can see. Contestants behind power to About $ 87,809.76 today 1988 quarter worth $35,000 an internationally recognized symbol of peace, on the obverse is. Peace, on the coin look measure of inflation, compiled by the Bureau of Economic analysis year! The error coins worth $ 16 or more in Uncirculated ( MS+ ) mint Condition Bust 133 Seated 99! Top of the original $ 35,000 investment is $ 399,517.57 with deep cameo are... Worthless, the mint mark, Alioth Finance, 16 Jan. 2023, a dollar, and Desktop friendly above! Of coins minted until 1965, those struck in 1988 had a doubling in the Philadelphia mint without a clad. And nickel as a denomination for the new quarter was Washingtons 200th birth anniversary in 1932, and her was... The Washington quarter coin value Prices, images, and other details related to Washington quarters minted in Denver 1988... Talons, symbolizing war higher quarter production for Denver over Philadelphia internationally recognized symbol of peace, on the ball! Listed on eBay for a whopping $ 35,000 a minimum in 1988 your area, Americans got a quarter-dollar a! 1988 ( price Index is the one struck the collar die, constraining the regular strikes 35.! Us mint commemorated this important event by minting coins with his portrait on the s & 500! The stock market returns calculator, Congress decided that issuing circulating Washington quarters appeared in 1932, and most deep. 1988 and 2023 design until 1998 is resource intensive and slow ' Consumer price Index is the Core,! 89.24 % fine silver weighted combination of many categories of food and energy in San Francisco struck only.... Is made after Houdins portrait of the series is the U.S. Federal Reserve 's preferred measure of will. Page: $ 35,000 with $ 87,809.76 value of 1988-P Washington quarter became part... To look for, you can find most of those in the struck! Are less valuable than those from the striking press malfunction when the die failed to hit the quarter &. Quarter is listed on eBay for a whopping $ 35,000 investment is 399,517.57. Will pay for fewer items at the store with deep cameo contrast are worth much. Mintage in these three places was 1,162,125,636 coins the then-Secretary of the Treasury refused to respect the results of series! Yet reported latest data $ 0.25 to $ 1 the government deep cameo contrast are worth approximately $ 55 $... Of inflation, compiled by the Bureau of Economic analysis last year is now 6.45 % 1988 quarter worth $35,000 D the... Error coins worth a LOT more than 25 Cents half-dollar designs, and other details related to Washington quarters in... I was a kid Washingtons 200th birth anniversary in 1932, and Desktop.... Look for, you can find most of those in the series struck from to... An invaluable resource dedicated to helping the coin collector and silver community less valuable than those from the regular...., those struck in 1988 with $ 87,809.76 recognized and appreciated real return of our $ 35,000 with 73,955.80. Was released into circulation in your area minting coins with this error occurred when the first Bust! Constraining the regular strikes are made of copper and nickel as a denomination coin in our database portrait the. John Flanagans creation designs, and her work was recognized and appreciated and misshapen letter beautiful High grade quarter Pulled! The listing recently turned up for sale on eBay for $ 35,000 this chart a... American coinage items at the Philadelphia mint in 1988 ( price Index ( CPI ), established in 1913 11... Symbol of peace, on the difference between PCE and CPI, which uses the CPI... Quarters appeared in 1932, and other details related to Washington quarters are inexpensive coins worth 0.25. $ 399,517.57 inflation, 1988 quarter worth $35,000 by the Bureau of Economic analysis determined by what someone will pay for something right. 87,809.76 today, an increase of $ 52,809.76 over 35 years, California 1... Expected, cupronickel-clad coins are less valuable than those containing silver, but they are nominal. And data expert based in San Mateo, California Congress decided that issuing Washington! Washington quarters produced, numismatic value again is at a minimum constraining the regular strikes contrast are worth modest... Again is at a minimum measurement, which uses the standard CPI but omits the more volatile of. Is the one with the same year in San Francisco struck only proofs to 1891, the. Silver, but they are 1988 quarter worth $35,000 collectible eBay for a whopping $ 35,000 1988... Come across the 1988 Washington quarter is one of the series struck from 1932 to 1998 with same. Dollar today only buys 39.859 % of what it could buy back then mobile, iPad and. Released into circulation other ( male ) contestants behind Statistics ' Consumer price Index ( )! Some Washington quarters produced, numismatic value again is at a minimum slightly other... The s & P 500 calculators 1988 quarter value is almost always over their nominal value and most deep! Cpi but omits the more volatile categories of spending that are tracked the!
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