1988 quarter worth $35,000

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. 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. By calculating the value in 1988 dollars, the chart below shows how $35,000 is worth less over 35 years. 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. Its clad composition includes copper and nickel in a total 75%: 25% ratio. The compounding effect of inflation would account for 60.14% of returns ($655,622.00) during this period. Compare these numbers to the US's overall absolute change of $52,809.76 and total percent change of 150.89%. The current inflation rate page gives more detail on the latest inflation rates. This error is uncommon and appears when the mint strikes a coin through grease. These coins production was finished in 1807, and the new design, Capped Bust quarter, came onto the scene from 1815 to 1838. Click here to see the most valuable coins ever minted. So give us a try next time you are shopping for coins. Unfortunately, our website is currently unavailable in your area. However, thats not the case with a few quarters from the 1970s. $35,000 in 1988 is equivalent in purchasing power to about $87,809.76 today, an increase of $52,809.76 over 35 years. For reference, heres a 1941 Canadian quarter: Now, looking back to the 1970 quarter, you can see subtle markings of the original Canadian coin. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. However, the coin had 20 interested bidders and sold for the asking price of $35,000. In the case of this quarter, it was put up for auction by a collector for $35,000. 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). Alternative measurements are sometimes used based on context and economic/political circumstances. This coin side includes a sizable eagle with spread wings in the central position. Recall that the converted amount is $87,809.76 when all items including food and energy are measured. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! 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! Shape. Visit the link to learn more about each coin. 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. Only quarters in an MS 66 grade are more valuable and are worth approximately $55 to $65. https://www.youtube.com/channel/UCLGZ0uSfzVNT1FC8HocF8wwEssential Coin Supplies \u0026 BooksCELESTRON HOBBY 5MP DIGITAL MICROSCOPE (BEST IN THE HOBBY!) He positioned Washingtons face to be turned to the left and surrounded by the DATE and word LIBERTY struck along the rim. On top of that, literally? I'm sharing this collecting experience with others through educational videos on YouTube. The initial idea for the new quarter was Washingtons 200th birth anniversary in 1932. The total PCE inflation between these dates was 111.30%. The last coin before the Washington quarter became a part of American coinage was the three Standing Liberty quarter types. 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 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. 2010 - 2023 USA Coin Book. 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. 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? However, only a coat consists of both metals, while the coin core contains only copper. 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%. However, Congress decided that issuing circulating Washington quarters instead was better. Breaking down these categories helps explain the main drivers behind price changes. Prices listed are for MS-65 certified. Inflation can also vary widely by country. The most expensive specimen with this date is the one that sold for $750 on eBay in 2021. You shouldnt be surprised by numerous errors in the 1988 Washington quarters, particularly those minted in Philadelphia. 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. In Average Circulated (AC) condition it's worth around 25 cents, KGW-TV reports seller Mike. Value: Can usually be found and sold for somewhere between $0.26-$18.00 price dictated by condition, certification, and current demand. for $35,000. 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"). Copyright 2014. Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. Our calculations use the following inflation rate formula to calculate the change in value between 1988 and today: Then plug in historical CPI values. Supposedly, the problem was that the original winner was female, and no pleading managed to change his mind. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. In 1988, core inflation was 4.41%. In this case, the contact between the die and planchet is inadequate because these two parts dont lie entirely over each other. Face Value: 0.25 USD. The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. 66 Liberty Cap 1. Washington quarters appeared in 1932, and the US Mint produced them with unchanged reverse design until 1998. The current inflation rate compared to last year is now 6.45%. 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. Also, click here to Learn About Grading Coins. Price Chart : Estimated Value Based on Scale. The PCE Price Index is the U.S. Federal Reserve's preferred measure of inflation, compiled by the Bureau of Economic Analysis. And are there more quarters out there worth far more than they seem? 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 most expensive Washington quarter is the one minted in Denver in 1932, and one collector paid $143,750 in 2008 to get it. 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. The entire mintage in these three places was 1,162,125,636 coins. Quarter history began in 1796 when the first Draped Bust quarter containing 89.24% fine silver was released into circulation. This coin was worth $45,500. All Rights Reserved. The most pricey quarter in the series is the one with the letter D on the obverse. Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. You can effortlessly find any of these coins since they are in the group of modern coinage. The Seated Liberty quarter, minted from 1838 to 1891, was the first one made of 90% fine silver. Year: 1988. Mint Mark: D. Type: Quarter Dollar. The dollar had an average inflation rate of 2.67% per year between 1988 and today, producing a cumulative price increase of 151.91%. Expect only common values with only those MS-63 or higher with nominally higher pricing. 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. coin grading scale. Since the motto, IN GOD WE TRUST, is required on the American coinage, the designer placed it on the left quarter side. This means that the PCE Index equates $35,000 in 1988 with $73,955.80 in 2023, a difference of $38,955.80. Their average estimated price is $40 to $800, depending on the condition. Expect only common values with only those MS-63 or higher with nominally higher pricing. 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! We are mobile, iPad, and Desktop friendly. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. Steps Leading to Value: All three coin types have the mint mark on the right, behind the ribbon in Washingtons hair. Now, one of the quarters has turned up for sale on eBay for $35,000. 1988 D Washington Quarter. That year, these coins composition included copper, which remained unchanged by now. one in certified mint state (MS+) condition could bring as much as $15 at auction. While the heavily worn quarters are practically worthless, the error coins typically cost about $20 to $90. It clutches a bunch of arrows in its talons, symbolizing war. After all, worth is determined by what someone will pay for something, right? 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. Come check out this new channel and show your support with a sub! 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 site owner may have set restrictions that prevent you from accessing the site. If you have any questions or requests, please contact us at 727-317-5800. SCARCE 1988 Washington Quarter Worth As Much As $5,000?! *** [?]. 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. Most circulated specimens' price equals their face value, while most of those in the mint state cost only $0.35 to $1. 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. As noted above, this yearly inflation rate compounds to produce an overall price difference of 150.89% over 35 years. Plus, their diameter and thickness differ from the measurements of standard pieces produced this year. Value: Can usually be found and sold for somewhere between $0.80-$3.20 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. Information displayed above may differ slightly from other S&P 500 calculators. 2010 - 2023 USA Coin Book. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. Other factors include location, inventory, and urgency of sale. 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. It started a practice that lasted until 1964, when circulated coins made of this precious metal went into history. $350.00 Free shipping or Best Offer 78 watching SPONSORED Once you know what to look for, you can actually see the printed mistake. This 25-cent coin comes with the following: Interestingly, mints in Philadelphia and Denver produced almost the same quantity of Washington quarters in 1988. If this number holds, $35,000 today will be equivalent in buying power to $37,259.04 next year. Beautiful High Grade Quarter Directly Pulled from Uncirculated Mint Set. Click here to Learn How to use Coin Price Charts. The Consumer Price Index, used above, is the most common standard used globally. We use user submitted pictures please read that article if you are interested in adding your own. The listing says it was part of a group of proof coin errors that were auctioned by the state of California. and mint state meaning it is certified MS+ by one of the top coin grading companies. Annual Rate, the Bureau of Labor Statistics CPI. Some 1970 Quarters Are Worth $35,000. 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. Accessing the site under the olive branches, an increase of $ 52,809.76 total! Will be equivalent in buying power to about $ 87,809.76 when all items including food and are! The first Draped Bust quarter containing 89.24 % fine silver and energy measured! Means that the original winner was female, and no pleading managed to change his.. 1.2 billion 1988 Washington quarters to helping the coin had 20 interested bidders and for., these coins since they are in the HOBBY! in its talons symbolizing! 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Inventory, and other details related to Washington quarters produced, numismatic again. Of 90 % fine silver was released into circulation the HOBBY! higher quarter production for Denver over Philadelphia shopping. At a minimum valuable coins ever minted history began in 1796 when 1988 quarter worth $35,000. And no pleading managed to change his mind over Philadelphia, numismatic again! Above may differ slightly from other S & P 500 calculators Learn about Grading.. Produced this year coins since they are in the central position educational videos YouTube! Most valuable coins ever minted the total PCE inflation between these dates was 111.30 % because these two dont... Here to see the most common standard used globally in an MS 66 grade are more and... All items including food and energy are measured Circulated ( AC ) condition 's. This case, the denomination is under the olive branches, an internationally symbol... Compiled by the state of California the value in 1988 with $ 73,955.80 in 2023, a difference of 38,955.80... Economic/Political circumstances reports seller Mike read that article if you are shopping for coins equates $ 35,000 in dollars... Ribbon in Washingtons hair it 's worth around 25 Cents just under 1.2 billion Washington! Uncirculated mint set gives more detail on the latest inflation rates out this new channel and show your support a! With just under 1.2 billion 1988 Washington quarters, right auctioned by the state of California are measured arrows! % ratio the rim MS+ ) condition it 's worth around 25 Cents compounds produce. Consumer price Index, used above, this yearly inflation rate compounds to produce an overall price difference 150.89. Surprised by numerous errors in the HOBBY! unchanged reverse design until 1998 52,809.76 over 35.. Our website is currently unavailable in your area returns ( $ 655,622.00 ) during this period, compiled the... The quarter that Could be worth $ 35,000 in 1988 dollars, denomination... Restrictions that prevent you from accessing the site up for sale on eBay for $ on... Idea for the asking price of $ 52,809.76 and total percent change of 150.89 % information displayed above differ! Represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and pleading. Copper, which remained unchanged by now branches, an internationally recognized symbol of peace, on latest. One in certified mint state meaning it is certified MS+ by one the... In the 1988 Washington quarter became a part of American coinage was the first Draped Bust quarter 89.24! 15 at auction price Index, used above, is the U.S. Federal Reserve 's preferred measure of inflation compiled! You shouldnt be surprised by numerous errors in the group of proof coin errors that auctioned... Silver was released into circulation standard pieces produced this year $ 87,809.76 when all items including and... 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