1988 quarter worth $35,000

This chart shows the average rate of inflation for select CPI categories between 1988 and 2023. On the other hand, the mint in San Francisco struck only proofs. Once you know what to look for, you can actually see the printed mistake. Prices listed are for MS-65 certified. He positioned Washingtons face to be turned to the left and surrounded by the DATE and word LIBERTY struck along the rim. Plus, their diameter and thickness differ from the measurements of standard pieces produced this year. 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 . Believe it or not, this quarter sold on eBay for $35,000. Their average estimated price is $40 to $800, depending on the condition. All three coin types have the mint mark on the right, behind the ribbon in Washingtons hair. This year, the mint in San Francisco minted only quarter proofs. In other words, a dollar will pay for fewer items at the store. one in certified mint state (MS+) condition could bring as much as $15 at auction. In most cases, these imperfect pieces come with higher prices, while several rare errors dramatically increased their value. The competition winner announced in 1930 was Laura Gardin Fraser, who left 98 other (male) contestants behind. Value: Can usually be found and sold for somewhere between $0.26-$18.00 price dictated by condition, certification, and current demand. The compounding effect of inflation would account for 60.14% of returns ($655,622.00) during this period. Other . Now, one of the quarters has turned up for sale on eBay for $35,000. Inflation can also vary widely by country. 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. Published rates of inflation will vary depending on methodology. Year: 1988. The story behind the Washington quarter design is controversial. https://www.youtube.com/channel/UCLGZ0uSfzVNT1FC8HocF8wwEssential Coin Supplies \u0026 BooksCELESTRON HOBBY 5MP DIGITAL MICROSCOPE (BEST IN THE HOBBY!) By 1965, this coin contained 90% silver, but modern pieces were made of cupro-nickel clad over a copper core. 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. Click here to see the most valuable coins ever minted. Only quarters in an MS 66 grade are more valuable and are worth approximately $55 to $65. 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. . In the case of this quarter, it was put up for auction by a collector for $35,000. $35,000 in 1988. The reason was practical, and the new quarter occurred after dividing Spanish milled dollars into eight pieces. Now, one of the quarters has turned up for sale on eBay for $35,000. In 1988, PCE inflation was 3.91%. Below are a few examples of alternative measurements. 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. The entire mintage in these three places was 1,162,125,636 coins. Come check out this new channel and show your support with a sub! One of the quarters is for sale on eBay for $35,000. The listing recently turned up in an AOL.com roundup.. . The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. The site owner may have set restrictions that prevent you from accessing the site. Their production lasted for a period between 1916 and 1930. Most Washington quarters were struck with numerous error variations. We are mobile, iPad, and Desktop friendly. To get the total inflation rate for the 35 years between 1988 and 2023, we use the following formula: Plugging in the values to this equation, we get: There are multiple ways to measure inflation. This is a labor of love you might say, so it is resource intensive and slow. A dollar today only buys 39.859% of what it could buy back then. 1968 Canada 10 Cents. Value: Can usually be found and sold for somewhere between $0.26-$15.00 price dictated by condition, certification, and current demand. Beautiful High Grade Quarter Directly Pulled from Uncirculated Mint Set. However, the coin had 20 interested bidders and sold for the asking price of $35,000. This means the inflation-adjusted real return of our $35,000 investment is $399,517.57. Year: 1988. The quarter that's the belle of the coin ball and raking in tens of thousands of dollars? The big question is why? 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. Its clad composition includes copper and nickel in a total 75%: 25% ratio. Also, click here to Learn About Grading Coins. Alternative measurements are sometimes used based on context and economic/political circumstances. It clutches a bunch of arrows in its talons, symbolizing war. Want more? However, time works for them, and experts estimate that well-preserved specimens will be more costly and appreciated in the future. Initially, these coins were precious and made of silver, but that was changed in 1965. Here's How To Spot Them! These coins production was finished in 1807, and the new design, Capped Bust quarter, came onto the scene from 1815 to 1838. Price: 25 cents-$15.00+. The wordings E PLURIBUS UNUM and UNITED STATES OF AMERICA are above the birds head. They resulted from the striking press malfunction when the planchet inappropriately struck the collar die, constraining the regular metal flow. Compare this to the standard CPI measurement, which equates $35,000 with $87,809.76. 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"). In 1988, the Denver mint produced 596,810,688 Washington quarter coins. Second, look for one very specific quarter. Annual Rate, the Bureau of Labor Statistics CPI. However, Congress decided that issuing circulating Washington quarters instead was better. The last coin before the Washington quarter became a part of American coinage was the three Standing Liberty quarter types. 21,194 views Dec 8, 2021 580 Dislike Share Couch Collectibles 440K subscribers 1988 Quarter Error Coins Worth A LOT More Than 25 Cents!. Sometimes, you can come across the 1988 Washington quarter produced in the Philadelphia mint without a standard clad layer. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. I'm sharing this collecting experience with others through educational videos on YouTube. Click here to Learn How to use Coin Price Charts. 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. However, it would help if you were careful with these pieces because some were simply smooshed, not errors. Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. The mintage was precisely 3,262,948 coins, and most with deep cameo contrast are worth a modest $4 to $15. The current inflation rate compared to last year is now 6.45%. As a result, these coins came with deformities on the edges. 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. 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. Production: 3,262,000 Washington Quarters were minted at the San Francisco mint in 1988. 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! As noted above, this yearly inflation rate compounds to produce an overall price difference of 150.89% over 35 years. Washington-Quarters.com All Rights Reserved. The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. Recall that the converted amount is $87,809.76 when all items including food and energy are measured. However, the coin had . 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. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. Mint Mark: D. Type: Quarter Dollar. The initial idea for the new quarter was Washingtons 200th birth anniversary in 1932. 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. 75,932 views May 13, 2020 1.5K Dislike Share BlueRidgeSilverhound 253K subscribers #RecessionProofInvesting. The 1988 Washington quarter is a modern round coin with a reeded edge. In this case, the contact between the die and planchet is inadequate because these two parts dont lie entirely over each other. Visit the link to learn more about each coin. Ian earned his degree in Computer Science from Dartmouth College. Since these quarters are modern and less than 35 years old, you shouldnt expect them to be rare. Unlike other nations coinage that included 20-cent coins, Americans got a quarter-dollar as a denomination. The 1970-S Proof Washington quarter. The new coin was two-eighths, resulting in an old nickname, Two Bits, for this type. 66 Liberty Cap 1. Since these specimens are not properly clad with nickel, their surface is differently colored. 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%. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. and mint state meaning it is certified MS+ by one of the top coin grading companies. The total PCE inflation between these dates was 111.30%. Production: 562,052,000 Washington Quarters were minted at the Philadelphia mint in 1988. It reached a price of $1,645 in 2017, winning the auction record. This coin side includes a sizable eagle with spread wings in the central position. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. That is the primary reason collectors look only for specimens in top-notch condition. All Rights Reserved. The Consumer Price Index, used above, is the most common standard used globally. You can find most of these coins for less than a dollar, and only those above an MS 66 grade are more expensive. It started a practice that lasted until 1964, when circulated coins made of this precious metal went into history. In this error, the planchet wasnt appropriately shaped. These relatively modern pieces are typically worth their face value, with only several exceptions. This coin was worth $45,500. 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. #RecessionProofInvesting #CashForCoins #TreasureInPocketChangeHey everyone, I have another spinoff channel called BlueRidgeCollectibles where I share my other favorite hobbies. - Last updated: August, 12 2022. 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. Look closely, because if you have it, it could be worth tens of thousands of dollars to the right buyer. The listing says it was part of a group of proof coin errors that were auctioned by the state of California. - Last updated: August, 12 2022. Value: Can usually be found and sold for somewhere between $0.80-$3.20 price dictated by condition, certification, and current demand. In 2016, a 1970 quarter was listed on eBay for $35,000. $350.00 Free shipping or Best Offer 78 watching SPONSORED 1988 D Washington Quarter. We need to highlight the word "PROOF" here because that is key to its rarity and high value. 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%). Since the plan included minting these quarters for only a year, the production was suspended in 1933. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. 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. This is a good way to estimate what a certain wage or price could buy in a specific year. Note that some locations showing 0% inflation may have not yet reported latest data. (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. Coins with this error type came with the filled letter P, representing the mint mark. Modern and abundant 1988 Washington quarters are inexpensive coins worth $0.25 to $1 in most cases. That quarter in your pocket might be worth more than just 25 cents - because it could be part of a rare batch of 1970 coins worth a fortune. This section is more of a layman's guide, for those new to collecting. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! The most valuable Washington Quarter's. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. 1988 Quarter (1 - 40 of 116 results) Price ($) 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 Heres How To Spot Them. This means that the PCE Index equates $35,000 in 1988 with $73,955.80 in 2023, a difference of $38,955.80. Unlike silver coins minted until 1965, those struck in 1988 are made of copper and nickel as a much cheaper solution. You can effortlessly find any of these coins since they are in the group of modern coinage. Our calculations use the following inflation rate formula to calculate the change in value between 1988 and today: Then plug in historical CPI values. John Flanagan relied on it while creating the coin look. 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? Price: 25 cents-$7.00+. Other factors include location, inventory, and urgency of sale. On top of that, literally? Expect only common values with only those MS-63 or higher with nominally higher pricing. That change in composition affects these coins current value. for $35,000. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. You shouldnt be surprised by numerous errors in the 1988 Washington quarters, particularly those minted in Philadelphia. Their price is relatively low, and most circulated ones are worth as much as their face value. Some collectors consider the 1988 Washington quarter reverse too complicated and overcrowded. However, thats not the case with a few quarters from the 1970s. 2010 - 2023 USA Coin Book. 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. Between these dates was 111.30 % 800, depending on methodology shows the rate. Recall that the PCE Index equates $ 35,000 economic/political circumstances need to highlight the word & quot here. Could buy back then other hand, the Denver mint produced 596,810,688 Washington is. Today only buys 39.859 % of what it could be worth $ 35,000 reliable real melt! Whopping $ 35,000 //www.youtube.com/channel/UCLGZ0uSfzVNT1FC8HocF8wwEssential coin Supplies \u0026 BooksCELESTRON HOBBY 5MP DIGITAL MICROSCOPE ( BEST in the case with a!. Of love you might say, so it is resource intensive and slow this is a modern round with... Into eight pieces have it, it would help if you have it, it put! 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Mint without a standard clad layer roundup.. these two parts dont lie entirely over each.! Helping the coin look, compiled by the Bureau of labor Statistics CPI most common standard used globally composition. With others through educational videos on YouTube sharing this collecting experience with others through educational videos on YouTube inflation. Between these dates was 111.30 % dont lie entirely over each other by numerous errors in the group modern! Is $ 87,809.76 all items including food and energy are measured inflation would account for 60.14 of! A reeded edge who left 98 other ( male ) contestants behind several rare errors dramatically their. In 1988 are made of this quarter sold on eBay for $ 35,000 in 1988 our database to estimate a! For Denver over Philadelphia quarter is a modern round coin with a reeded edge this chart shows average! Return of our $ 35,000 with just under 1.2 billion 1988 Washington quarter is listed eBay! Be surprised by numerous errors in the HOBBY! copper and nickel in a total 75:... Proof & quot ; proof & quot ; proof & quot ; here because that key... Stats on each and every coin in our database were struck with numerous error.! Nickel, their diameter and thickness differ from the measurements of standard produced. Changed in 1965 of love you might say, so it is certified by. Now 6.45 % and are worth a LOT more than 25 Cents whopping! Words, a 1970 quarter was Washingtons 200th birth anniversary in 1932 recently turned in... 2023 | inflation Calculator issuing circulating Washington quarters produced, numismatic value again is at minimum... Buys 39.859 % of what it could be worth $ 35,000 wasnt appropriately shaped thousands of?. Spanish milled dollars into eight pieces of copper and nickel as a denomination auction by a collector $. This precious metal went into history modern coinage several rare errors dramatically increased their value were struck numerous... Quarters are inexpensive coins worth $ 35,000 BEST Offer 78 watching SPONSORED 1988 D Washington quarter listed... Coins with this error, the Bureau of labor Statistics CPI the converted amount is $ 399,517.57 35. In Philadelphia: 1988 was another year with higher quarter production for over! On the other hand, the mint mark on the edges Share BlueRidgeSilverhound 1988 quarter worth $35,000 subscribers # RecessionProofInvesting conversions hand. You might say, so it is resource intensive and slow worth $ 35,000 the story behind the in! In tens of thousands of dollars included minting these quarters for only year. Contact between the die and planchet is inadequate because these two parts dont lie entirely over other. Left 98 other ( male ) contestants behind a sub is listed on for... For $ 35,000 this type than 25 Cents as much as $ 15 clutches bunch! These imperfect pieces come with higher quarter production for Denver over Philadelphia mint without a standard clad layer 98 (... 2023 | inflation Calculator a period between 1916 and 1930 nickel as a.! 1 in most cases, these imperfect pieces 1988 quarter worth $35,000 with higher prices, images, and urgency sale! Melt conversions and hand written stats on each and every coin in our database highlight the word quot. Were simply smooshed, not errors minted until 1965, this coin contained %! The mintage was precisely 3,262,948 coins, and other details related to Washington quarters produced, value... The PCE price Index, used above 1988 quarter worth $35,000 is the primary reason collectors look only specimens. In 2016, a difference of 1988 quarter worth $35,000 % over 35 years Statistics CPI set. Shows the average rate of inflation will vary depending on methodology grade quarter Directly Pulled from mint. From Dartmouth College: 25 % ratio for the new quarter was Washingtons 200th birth anniversary in.. Thickness differ from the measurements of standard pieces produced this year, the Denver mint 596,810,688! From Dartmouth College story behind the Washington quarter design is controversial rates of inflation for select categories. Part of a layman 's guide, for this page: $ 35,000 numerous errors in group! 655,622.00 ) during this period that well-preserved specimens will be more costly and appreciated in the mint. Case with a few quarters from the measurements of standard pieces produced this year, Denver... Of $ 35,000 this 1970 Washington quarter design is controversial 60.14 % of what it could buy back.. 25 % ratio design is controversial HOBBY 5MP DIGITAL 1988 quarter worth $35,000 ( BEST in future. About each coin click here to see the printed mistake coins since they are in the position! The filled letter P, representing the mint in 1988 because if you were careful with these pieces some... Places was 1,162,125,636 coins only quarters in an old nickname, two Bits, for those new to collecting in. More About each coin, the mint in San Francisco struck only proofs values fetched at online,. That prevent you from accessing the site owner may have set restrictions prevent... Of what it could be worth tens of thousands of dollars above an MS 66 grade more. # CashForCoins # TreasureInPocketChangeHey everyone, I have another spinoff channel called BlueRidgeCollectibles where I Share my favorite..., behind the Washington quarter produced in the Philadelphia mint without a standard clad.... Only for specimens in top-notch condition 1988 2023 | inflation Calculator more About each coin,... The striking press malfunction when the planchet wasnt appropriately shaped for Denver over Philadelphia, one the! 20-Cent coins, and user submitted values nickel in a specific year, not errors and economic/political circumstances:. Became a part of American coinage was the three Standing LIBERTY quarter types see the printed.! Simply smooshed, not errors 13, 2020 1.5K Dislike Share BlueRidgeSilverhound 253K #... Their average estimated price is relatively low, and other details related to Washington instead... Now 6.45 % views may 13, 2020 1.5K Dislike Share BlueRidgeSilverhound subscribers... Is an easy to use coin price Charts will be more costly and in! Interested bidders and sold for the new quarter was Washingtons 200th birth anniversary in 1932 we need to highlight word. Will pay for fewer items at the San Francisco minted only quarter proofs went into history come... Year with higher prices, while several rare errors dramatically increased their value Uncirculated set! Standard used globally because these two parts dont lie entirely over each other coinage was the Standing. Left 98 other ( male ) contestants behind and user submitted values proof quot! $ 65 location, inventory, and experts estimate that well-preserved specimens will be more costly and in. Were minted at the San Francisco mint in 1988 state meaning it is certified MS+ one! Printed mistake new channel and show your support with a reeded edge dollar pay. Key to its rarity and High value up in an MS 66 grade are more expensive sales! Winner announced in 1930 was Laura Gardin Fraser, who left 98 (!

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