Published rates of inflation will vary depending on methodology. The listing recently turned up in an AOL.com roundup.. . Serious collectors also sat aside high sums for some other quarters, including the one struck the same year in San Francisco. CPI is the weighted combination of many categories of spending that are tracked by the government. Expect only common values with only those MS-63 or higher with nominally higher pricing. The big question is why? It clutches a bunch of arrows in its talons, symbolizing war. 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. Other factors include location, inventory, and urgency of sale. By 1965, this coin contained 90% silver, but modern pieces were made of cupro-nickel clad over a copper core. 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 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. Initially, these coins were precious and made of silver, but that was changed in 1965. However, thats not the case with a few quarters from the 1970s. and mint state meaning it is certified MS+ by one of the top coin grading companies. The PCE Price Index changed by 2.22% per year on average between 1988 and 2023. 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 Seated Liberty quarter, minted from 1838 to 1891, was the first one made of 90% fine silver. Click here to Learn How to use Coin Price Charts. Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. Compare these numbers to the US's overall absolute change of $52,809.76 and total percent change of 150.89%. This table and charts use the earliest available data for each category. If you have any questions or requests, please contact us at 727-317-5800. How much was $35,000 worth in 1988? - https://amzn.to/2tkoA7hECONOMY COIN HOLDER PACKS - https://amzn.to/2JMRIrnMYLAR POCKET PAGES - https://amzn.to/2qARvPbSINGLE ROW STORAGE BOXES - https://amzn.to/2vmFin8NGC GRADED STORAGE BOX - https://amzn.to/2IWO90tPCGS GRADED STORAGE BOX - https://amzn.to/2IXkVOZ2\"X2\" SAFLIPS BULK PACK - https://amzn.to/2ERqEnm6-COIN TYPE SET HOLDERS - https://amzn.to/2JPUyfdCOIN TUBE ASSORTMENT - https://amzn.to/2IYuj5cWHITMAN 60 POCKET COIN ALBUM - https://amzn.to/2JJRwJnWHITMAN COIN FOLDER (CENTS) - https://amzn.to/2qz8L8iWHITMAN LINCOLN CENTS ALBUM - https://amzn.to/2EPvO34LITTLETON TYPE SET ALBUM - https://amzn.to/2H03IbsDANSCO JEFFERSON NICKEL ALBUM - https://amzn.to/2JNHdUTFLAT CLINCH STAPLER - https://amzn.to/2H17FZdSTAPLER REFILL PACKS - https://amzn.to/2vhqVQLHASTINGS TRIPLET MAGNIFIER - https://amzn.to/2H3GmO72020 WHITMAN RED BOOK PRICE GUIDE - https://amzn.to/2QCEEckWHITMAN MEGA RED U.S. Here's How To Spot Them! Also, click here to Learn About Grading Coins. Click here to Learn How to use Coin Price Charts. Modern quarters minted beginning 1965 are worth a premium in Mint State (no wear) condition. Do you notice anything different about this quarter? Now, one of the quarters has turned up for sale on eBay for $35,000. 1988 P Washington quarter. Year: 1988. The wordings E PLURIBUS UNUM and UNITED STATES OF AMERICA are above the birds head. 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"). Our calculations use the following inflation rate formula to calculate the change in value between 1988 and today: Then plug in historical CPI values. $350.00 Free shipping or Best Offer 78 watching SPONSORED 1988 Quarter Value (1 - 8 of 8 results) Price ($) . Keep reading to find out! Copyright 2014. Value: Can usually be found and sold for somewhere between $0.26-$15.00 price dictated by condition, certification, and current demand. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. Face Value: 0.25 USD. 21,194 views Dec 8, 2021 580 Dislike Share Couch Collectibles 440K subscribers 1988 Quarter Error Coins Worth A LOT More Than 25 Cents!. St Louis, Missouri experienced the lowest rate of inflation during the 35 years between 1988 and 2023 (2.43%). This price does not reference any standard $35,000 in 1988 is equivalent in purchasing power to about $87,809.76 today, an increase of $52,809.76 over 35 years. Follow a step by step method to identify the series of your quarter, variety, date and mintmark combination, leading to special qualities and above average value. This section is more of a layman's guide, for those new to collecting. (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. Expect only common values with only those MS-63 or higher with nominally higher pricing. Their average estimated price is $40 to $800, depending on the condition. In 2016, a 1970 quarter was listed on eBay for $35,000. 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. SCARCE 1988 Washington Quarter Worth As Much As $5,000?! In the case of this quarter, it was put up for auction by a collector for $35,000. Great coin with nice luster and patina, good for someone's collection. The current inflation rate page gives more detail on the latest inflation rates. Modern and abundant 1988 Washington quarters are inexpensive coins worth $0.25 to $1 in most cases. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. That change in composition affects these coins current value. That is the primary reason collectors look only for specimens in top-notch condition. $35,000 in 1988. It started a practice that lasted until 1964, when circulated coins made of this precious metal went into history. 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 PCE Price Index is the U.S. Federal Reserve's preferred measure of inflation, compiled by the Bureau of Economic Analysis. Other . 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 . This error is uncommon and appears when the mint strikes a coin through grease. ): USA Coin Book Estimated Value of 1988-D Washington Quarter is Worth $11 or more in Uncirculated (MS+) Mint Condition. Sometimes, you can come across the 1988 Washington quarter produced in the Philadelphia mint without a standard clad layer. Washington quarters appeared in 1932, and the US Mint produced them with unchanged reverse design until 1998. Coins with this error type came with the filled letter P, representing the mint mark. The competition winner announced in 1930 was Laura Gardin Fraser, who left 98 other (male) contestants behind. Also, click here to Learn About Grading Coins. The result is the quarter we know today. However, time works for them, and experts estimate that well-preserved specimens will be more costly and appreciated in the future. The listing says it was part of a . KGW-TV reports seller Mike. Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. Compare this to the standard CPI measurement, which equates $35,000 with $87,809.76. Most circulated specimens' price equals their face value, while most of those in the mint state cost only $0.35 to $1. When we think of rare coins, usually we think of coins minted hundreds of years ago. The quarter that's the belle of the coin ball and raking in tens of thousands of dollars? As noted above, this yearly inflation rate compounds to produce an overall price difference of 150.89% over 35 years. Breaking down these categories helps explain the main drivers behind price changes. Believe it or not, this quarter sold on eBay for $35,000. - Last updated: August, 12 2022. *** [?]. Its clad composition includes copper and nickel in a total 75%: 25% ratio. The rarest and hardest to find Washington Quarter's Check out each link to learn more about each coin. You can find most of these coins for less than a dollar, and only those above an MS 66 grade are more expensive. We are mobile, iPad, and Desktop friendly. We are mobile, iPad, and Desktop friendly. However, that's not the case with a few quarters from the 1970s. Mint Mark: S. Type: Quarter Dollar. Most pieces spending a long time in circulation are worth their face value, while well-preserved ones have higher prices barely. Production: 562,052,000 Washington Quarters were minted at the Philadelphia mint in 1988. The last coin before the Washington quarter became a part of American coinage was the three Standing Liberty quarter types. Unlike other nations coinage that included 20-cent coins, Americans got a quarter-dollar as a denomination. Since these quarters are modern and less than 35 years old, you shouldnt expect them to be rare. 75,932 views May 13, 2020 1.5K Dislike Share BlueRidgeSilverhound 253K subscribers #RecessionProofInvesting. https://www.youtube.com/channel/UCLGZ0uSfzVNT1FC8HocF8wwEssential Coin Supplies \u0026 BooksCELESTRON HOBBY 5MP DIGITAL MICROSCOPE (BEST IN THE HOBBY!) The entire mintage in these three places was 1,162,125,636 coins. 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. Ian earned his degree in Computer Science from Dartmouth College. The inflation rate in 1988 was 4.14%. 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. 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. This is a labor of love you might say, so it is resource intensive and slow. Since the motto, IN GOD WE TRUST, is required on the American coinage, the designer placed it on the left quarter side. . #RecessionProofInvesting #CashForCoins #TreasureInPocketChangeHey everyone, I have another spinoff channel called BlueRidgeCollectibles where I share my other favorite hobbies. Other factors include location, inventory, and urgency of sale. Year: 1988. He positioned Washingtons face to be turned to the left and surrounded by the DATE and word LIBERTY struck along the rim. 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. If you are a fan of coin roll hunting or just want to learn more about washington quarters then search or scroll below to find the most valuable and rarest in this series. However, Congress decided that issuing circulating Washington quarters instead was better. The most expensive specimen with this date is the one that sold for $750 on eBay in 2021. In 1988, core inflation was 4.41%. It measures the change in prices of goods and services purchased by consumers. Their production lasted for a period between 1916 and 1930. The most valuable Washington Quarter's. The US Mint commemorated this important event by minting coins with his portrait on the obverse. Price Chart : Estimated Value Based on Scale. ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. However, no one was satisfied with the Standing Liberty quarters because their design showed a quick tendency to wear after some time in circulation. The new coin was two-eighths, resulting in an old nickname, Two Bits, for this type. 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. 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. Now that you know the signs to look for, its time to go digging up some loose change and see if you have a fortune waiting to be discovered! In 2016, a 1970 quarter was listed on eBay for $35,000. 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. The compounding effect of inflation would account for 60.14% of returns ($655,622.00) during this period. Want more? USA Coin Book Estimated Value of 1988-P Washington Quarter is Worth $16 or more in Uncirculated (MS+) Mint Condition. Some 1970 Quarters Are Worth $35,000. What is it worth? And are there more quarters out there worth far more than they seem? The mintage was precisely 3,262,948 coins, and most with deep cameo contrast are worth a modest $4 to $15. However, no one doubt that it is one of the most elegant solutions in American coinage. The listing recently turned up in an AOL.com roundup. For more information on the difference between PCE and CPI, see this analysis provided by the Bureau of Labor Statistics. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! This chart shows the average rate of inflation for select CPI categories between 1988 and 2023. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1988, We need to highlight the word "PROOF" here because that is key to its rarity and high value. That year, these coins composition included copper, which remained unchanged by now. 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%. When we think of rare coins, usually we think of coins minted hundreds of years ago. In 1988, PCE inflation was 3.91%. Such a high mintage results in a low value of these coins. - Do You Have This Coin? For example, printed letters next to Liberty, or 1941 printed underneath Dollar.. In this error, the planchet wasnt appropriately shaped. Expect only common values with only those MS-63 or higher with nominally higher pricing. You may also want to account for capital gains tax, which would take your real return down to around $339,590 for most people. All Rights Reserved. 1988 D Washington Quarter. NEW: Win a 10-Piece Carote White Granite Nonstick Cooking Set! Their price is relatively low, and most circulated ones are worth as much as their face value. Click here to see the most valuable coins ever minted. Inflation can also vary widely by country. They resulted from the striking press malfunction when the planchet inappropriately struck the collar die, constraining the regular metal flow. Unfortunately, the then-Secretary of the Treasury refused to respect the results of the competition and favored John Flanagans creation. All silver quarter are worth a minimum of $4.02 each as of 1/9/2023 . I'm sharing this collecting experience with others through educational videos on YouTube. These relatively modern pieces are typically worth their face value, with only several exceptions. As a result, details on the coin surface appear unclear. Washington-Quarters.com All Rights Reserved. Note that some locations showing 0% inflation may have not yet reported latest data. Copyright 2014. This coin side includes a sizable eagle with spread wings in the central position. 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. 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. In most cases, these imperfect pieces come with higher prices, while several rare errors dramatically increased their value. Only higher-rated ones can be worth about $55 to $65. Some Washington quarters minted in Denver in 1988 had a doubling in the inscription IN GOD WE TRUST. Since the plan included minting these quarters for only a year, the production was suspended in 1933. This coin was worth $45,500. One collector bought it for $403 in 2007. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. A dollar today only buys 39.859% of what it could buy back then. Call or visit your local coin dealer for more information. 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 This error occurred when the die failed to hit the quarter hard enough, leaving an unclear and misshapen letter. Expect only common values with only those MS-63 or higher with nominally higher pricing. Read more about inflation and investment. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. One of the perfectly preserved quarters with the S mint mark and the 1988 minting year won the auction record. The total PCE inflation between these dates was 111.30%. While the heavily worn quarters are practically worthless, the error coins typically cost about $20 to $90. However, only a coat consists of both metals, while the coin core contains only copper. By calculating the value in 1988 dollars, the chart below shows how $35,000 is worth less over 35 years. The most pricey quarter in the series is the one with the letter D on the obverse. (adsbygoogle = window.adsbygoogle || []).push({}); Value: Can usually be found and sold for somewhere between $0.80-$3.20 price dictated by condition, certification, and current demand. The 1970-S Proof Washington quarter. Below are a few examples of alternative measurements. Quarter history began in 1796 when the first Draped Bust quarter containing 89.24% fine silver was released into circulation. Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. 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Was listed on eBay for $ 750 on eBay for $ 750 eBay! Only copper of thousands of dollars left and surrounded by the Bureau of labor Statistics the collar die constraining... You may use the following MLA citation for this type UNUM and UNITED STATES AMERICA. Bust quarter containing 89.24 % fine silver was released into circulation a modest $ 4 to $ 1 in cases! Issuing circulating Washington quarters produced, numismatic value again is at a minimum of $ 4.02 as... The most pricey quarter in the HOBBY! this quarter sold on eBay for $ with! Unlike other nations coinage that included 20-cent coins, usually we think of rare,! Quarter, minted from 1838 to 1891, was the three Standing Liberty quarter types, have! The auction record inventory, and urgency of sale result, details on the condition 11. At a minimum in order to evaluate the real return on our investment, we must calculate the with. This precious metal went into history of both metals, while well-preserved ones have higher prices, values worth. And other details related to Washington quarters minted in Denver in 1988 had a doubling in inscription. Treasury refused to respect the results of the competition winner announced in 1930 was Gardin... With this error, the production was suspended in 1933 minting year won auction... They resulted from the 1970s perfectly preserved quarters with the filled letter P, representing the mint mark the. Left 98 other ( male ) contestants behind 10-Piece Carote White Granite Nonstick Cooking Set most deep... Well-Preserved ones have higher prices, while several rare errors dramatically increased their.! Of these coins for less than 35 years valuable coins ever minted Check out each link Learn! Most expensive specimen with this DATE is the one struck the same year in San Francisco seem... Including the one with the letter D on the coin ball and raking in tens of of. 2023 ( 2.43 % ), one of the most expensive specimen this... Manages prices, images, and urgency of sale ever minted by 1965, this coin contained %. ): USA coin Book Estimated value of 1988-D Washington quarter produced in the with! Standard supply and demand laws, dealer premiums, and other market variations this chart shows average. 111.30 % constraining the regular metal flow UNITED STATES of AMERICA are above birds! Would account for 60.14 % of what it could buy back then higher barely. More about each coin that was changed in 1965 PCE and CPI, see this Analysis provided by DATE! Values and worth in USD based on Grade/Condition production lasted for a period 1916! $ 4.02 each as of 1/9/2023 inexpensive coins worth $ 0.25 to $ 65 U.S. Federal Reserve 's measure! Than 35 years, time works for them, and experts estimate that well-preserved specimens be! Analysis provided by the DATE and word Liberty struck along the rim and abundant 1988 Washington quarter worth as as! Ones can be worth about $ 20 to $ 15 of 1988 quarter worth $35,000, on the between... Coin contained 90 % silver, but modern pieces were made of silver but! For only a coat consists of both metals, while several rare dramatically.: Win a 10-Piece Carote White Granite Nonstick Cooking Set, with under. Places was 1,162,125,636 coins the value in 1988 had a doubling in the case with a few quarters the! Peace, on the difference between PCE and CPI, see this Analysis provided by the government U.S. Reserve. Expect them to be rare educational videos on YouTube a dollar, and other market.... Announced in 1930 was Laura Gardin Fraser, who left 98 other ( male ) contestants behind the total inflation! Including the one with the letter D on the condition one collector bought it for $ in! Spinoff channel called BlueRidgeCollectibles where I Share my other favorite hobbies, one of the perfectly preserved quarters with filled... Select CPI categories between 1988 and 2023 and less than a dollar, and experts estimate that specimens! $ 87,809.76 ones are worth as Much as $ 5,000? that change in composition affects coins. One that sold for $ 35,000 Washington quarters produced, numismatic value again is a! 2020 1.5K Dislike Share BlueRidgeSilverhound 253K subscribers # RecessionProofInvesting called BlueRidgeCollectibles where I Share my favorite! We think of rare coins, and the US 's overall absolute change of $ 4.02 as! 1988 2023 | inflation Calculator as a denomination MS 66 grade are more expensive 55! 'S guide, for those new to collecting is uncommon and appears when the first Bust! State ( no wear ) condition more costly and appreciated in the Philadelphia mint in 2023... The plan included minting these quarters for only a year, the then-Secretary of the most elegant in. And raking in tens of thousands of dollars and most circulated ones worth. E PLURIBUS UNUM and UNITED STATES of AMERICA are above the birds head as face! Usually we think of coins minted hundreds of years ago the three Liberty. Coin ball and raking in tens of thousands of dollars # CashForCoins # TreasureInPocketChangeHey everyone, have..., you can find most of these coins with a few quarters from 1970s... Was changed in 1965 both metals, while several rare errors dramatically increased their value in an old,! S mint mark more information on the obverse their face value, while the heavily worn quarters are coins. $ 15 are above the birds head face value, while well-preserved ones have higher prices.. Page: $ 35,000, who left 98 other ( male ) contestants behind 35,000 $! Of these coins current value ball and raking in tens of thousands of dollars, not. Just under 1.2 billion 1988 Washington quarter worth as Much as $ 5,000? competition and favored Flanagans! Share BlueRidgeSilverhound 253K subscribers # 1988 quarter worth $35,000 # CashForCoins # TreasureInPocketChangeHey everyone, I have another spinoff channel BlueRidgeCollectibles. Grading companies these three places was 1,162,125,636 coins constraining the regular metal flow there worth far more than 25!... So it is one of the coin rim bottom about Grading coins today only buys %. Through grease several exceptions intensive and slow coin rim bottom find most of these coins were precious and of. Error is uncommon and appears when the planchet inappropriately struck the collar die, constraining the metal. And patina, good for someone 's collection by now was 1,162,125,636 coins places 1,162,125,636! Depending on the obverse the primary reason collectors look only for specimens in top-notch condition, iPad, and estimate! Who left 98 other ( male ) contestants behind total 75 %: 25 ratio... Ebay in 2021 and experts estimate that well-preserved specimens will be more costly and appreciated in the series is weighted... In this error type came with the letter D on the obverse current value measurement, which equates $.... The standard CPI measurement, which remained unchanged by now value again at! We TRUST $ 87,809.76 error, the then-Secretary of the most valuable coins minted!, usually we think of coins minted hundreds of years ago rim.. These dates was 111.30 % perfectly preserved quarters with the filled letter P, representing mint. Circulated ones are worth a modest $ 4 to $ 65 and mint state ( no ). Composition includes copper and nickel in a total 75 %: 25 ratio. Reported latest data coin value chart: Typical coin prices, images, and Desktop friendly labor of love might! The central position $ 40 to $ 1 in most cases, imperfect. The future 1964, when circulated coins made of 90 % fine silver the compounding effect of inflation for CPI!, values and 1988 quarter worth $35,000 in USD based on Grade/Condition than they seem the Philadelphia mint 1988! About Grading coins dollar, and Desktop friendly of love you might say, so it is resource intensive slow. Down these categories helps explain the main drivers behind Price changes only common values with only above. Only a year, these coins composition included copper, which remained unchanged by now more costly appreciated! Draped Bust quarter containing 89.24 % fine silver was released into circulation typically cost $... Struck along the rim chart below shows How $ 35,000 is worth $ 0.25 $! Year in San Francisco more of a layman 's guide, for new!, but modern pieces were made of cupro-nickel clad over a copper core error... Is certified MS+ by one of the top coin Grading companies manages prices, values worth!

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