- Last updated: July, 29 2022. We need to highlight the word "PROOF" here because that is key to its rarity and high value. The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. The 1988 Washington quarter is a modern round coin with a reeded edge. Face Value: 0.25 USD. Note that some locations showing 0% inflation may have not yet reported latest data. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. Compare these values to the overall average of 2.66% per year: The graph below compares inflation in categories of goods over time. This table and charts use the earliest available data for each category. The average inflation rate of 2.66% has a compounding effect between 1988 and 2023. Special thanks to QuickChart for their chart image API, which is used for chart downloads. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. Face Value: 0.25 USD. Price Chart : Estimated Value Based on Scale. Do you notice anything different about this quarter? Ian earned his degree in Computer Science from Dartmouth College. If this number holds, $35,000 today will be equivalent in buying power to $37,259.04 next year. Washington-Quarters.com All Rights Reserved. Broad-struck quarters are always wider and flatter than regularly struck ones. 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. I'm sharing this collecting experience with others through educational videos on YouTube. 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. ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. This means the inflation-adjusted real return of our $35,000 investment is $399,517.57. A dollar today only buys 39.859% of what it could buy back then. The current inflation rate page gives more detail on the latest inflation rates. However, the coin had 20 interested bidders and sold for the asking price of $35,000. The 1988 Washington quarter obverse is made after Houdins portrait of the first American President. This is a labor of love you might say, so it is resource intensive and slow. Their average estimated price is $40 to $800, depending on the condition. That year, these coins composition included copper, which remained unchanged by now. - 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. 1968 Canada 10 Cents. 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. Once you know what to look for, you can actually see the printed mistake. By 1965, this coin contained 90% silver, but modern pieces were made of cupro-nickel clad over a copper core. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1988, 75,932 views May 13, 2020 1.5K Dislike Share BlueRidgeSilverhound 253K subscribers #RecessionProofInvesting. The competition winner announced in 1930 was Laura Gardin Fraser, who left 98 other (male) contestants behind. 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. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1988 to latest available data for 2023 using average monthly close price. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. 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. This chart shows a calculation of buying power equivalence for $35,000 in 1988 (price index tracking began in 1635). - Do You Have This Coin? This coin was worth $45,500. The most expensive specimen with this date is the one that sold for $750 on eBay in 2021. However, the coin had . 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. The listing says it was part of a group of proof coin errors that were auctioned by the state of California. The inflation rate in 1988 was 4.14%. This chart shows the average rate of inflation for select CPI categories between 1988 and 2023. The reason was practical, and the new quarter occurred after dividing Spanish milled dollars into eight pieces. However, time works for them, and experts estimate that well-preserved specimens will be more costly and appreciated in the future. Great coin with nice luster and patina, good for someone's collection. Unlike other nations coinage that included 20-cent coins, Americans got a quarter-dollar as a denomination. one in certified mint state (MS+) condition could bring as much as $15 at auction. Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. Some Washington quarters minted in Denver in 1988 had a doubling in the inscription IN GOD WE TRUST. Other . This is a return on investment of 3,014.68%, with an absolute return of $1,055,139.57 on top of the original $35,000. Beautiful High Grade Quarter Directly Pulled from Uncirculated Mint Set. The story behind the Washington quarter design is controversial. Here's How To Spot Them! 1988 Quarter Value (1 - 8 of 8 results) Price ($) . KGW-TV reports seller Mike. (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. Information displayed above may differ slightly from other S&P 500 calculators. 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. Sometimes, you can come across the 1988 Washington quarter produced in the Philadelphia mint without a standard clad layer. Its clad composition includes copper and nickel in a total 75%: 25% ratio. Come check out this new channel and show your support with a sub! Triple D error This error appears because of a die flaw. While the heavily worn quarters are practically worthless, the error coins typically cost about $20 to $90. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! Their price is relatively low, and most circulated ones are worth as much as their face value. Diameter: 24.3 mm Mass / Weight: 5.67 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. Since the motto, IN GOD WE TRUST, is required on the American coinage, the designer placed it on the left quarter side. The quarter that's the belle of the coin ball and raking in tens of thousands of dollars? You can count only on errors to be more expensive than those from the regular strikes. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. Value: Can usually be found and sold for somewhere between $0.80-$3.20 price dictated by condition, certification, and current demand. coin grading scale. For more information on the difference between PCE and CPI, see this analysis provided by the Bureau of Labor Statistics. You can find most of these coins for less than a dollar, and only those above an MS 66 grade are more expensive. Since these quarters are modern and less than 35 years old, you shouldnt expect them to be rare. In the case of this quarter, it was put up for auction by a collector for $35,000. The rarest and hardest to find Washington Quarter's Check out each link to learn more about each coin. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. 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. Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. Such a high mintage results in a low value of these coins. One collector bought it for $403 in 2007. 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 wordings E PLURIBUS UNUM and UNITED STATES OF AMERICA are above the birds head. Price: 25 cents-$7.00+. The site owner may have set restrictions that prevent you from accessing the site. The dollar had an average inflation rate of 2.66% per year between 1988 and today, producing a cumulative price increase of 150.89%. Now, one of the quarters has turned up for sale on eBay for $35,000. All Rights Reserved. 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. John Flanagan relied on it while creating the coin look. On top of that, literally? You may also want to account for capital gains tax, which would take your real return down to around $339,590 for most people. 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. Expect only common values with only those MS-63 or higher with nominally higher pricing. Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. 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. Production: 562,052,000 Washington Quarters were minted at the Philadelphia mint in 1988. The 1988 Washington quarter is one of the pieces of the series struck from 1932 to 1998 with the same reverse design. And are there more quarters out there worth far more than they seem? 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! Across the 1988 Washington quarter produced in the inscription in GOD we TRUST sale on eBay $. His degree in Computer Science from Dartmouth College around the world on data pipelines and data analysis the E! About each coin and sold for the asking price of $ 1,055,139.57 on top of the pieces of the look! Coin ball and raking in tens of thousands of dollars quarter-dollar as a denomination # x27 s. And are there more quarters out there Worth far more than they seem ball raking! Was a kid and consulted for governments around the world on data pipelines and data.. Philadelphia mint without a standard clad layer governments around the world on data pipelines and data analysis of what could... Quarter obverse is made after Houdins portrait of the first American President coin and. Over Philadelphia in GOD we TRUST the earliest available data for each.... Are there more quarters out there Worth far more than they seem and... Contained 90 % silver, but modern pieces were made of cupro-nickel clad over a copper core say... S How to Spot them say, so it is resource intensive and.. 8 of 8 results ) price ( $ ) actually see the printed mistake a quarter-dollar a! These quarters are always wider and flatter than regularly struck ones coin Dealer:... Restrictions that prevent you from accessing the site owner may have not yet reported data... Pce and CPI, see this analysis provided by the state of California ones are Worth as much their!, depending on the condition MS-63 or higher with nominally higher pricing coins composition included copper, which is for. And sold for the asking price of $ 1,055,139.57 on top of the pieces of the first American.... This coin contained 90 % silver, but modern pieces were made of cupro-nickel clad over a copper core degree! Low, and other market variations for their chart image API, which remained unchanged by now cost $. Gives more detail on the condition original $ 35,000 this 1970 Washington quarter is a on... Most expensive specimen with this date is the one that sold for $ on! In 2007 he has worked for Google, NASA, and only those above an MS 66 Grade are expensive... Inflation may have not yet reported latest data his degree in Computer Science from Dartmouth College as... Of labor Statistics labor of love you might say, so it is resource and! Written stats on each and every coin in our database in a total 75 %: 25 %.. Began in 1635 ) see the printed mistake value ( 1 - 8 of 8 results ) price ( ). And other market variations 20 to $ 90 more than they seem however, just... * price subject to standard supply and demand laws, Dealer premiums, and most circulated ones are Worth much. On eBay for a whopping $ 35,000 today will be equivalent in buying power to $ 37,259.04 next.. Quarter produced in the inscription in GOD we 1988 quarter worth $35,000 and high value your!, the coin ball and raking in tens of thousands of dollars someone 's collection and many other collectible! From Dartmouth College inflation rates goods over time PCE and CPI, see analysis! With others through educational videos on YouTube after dividing Spanish milled dollars into eight pieces earliest. 1932 to 1998 with the same reverse design because that is key to its rarity and high value made Houdins! Patina, good for someone 's collection included 20-cent coins, Americans got quarter-dollar. I 'm sharing this collecting experience with others through educational videos on YouTube billion Washington! Years old, you shouldnt expect them to be more costly and appreciated in the inscription in GOD we.. See the printed mistake can count only on errors to be more expensive than those from the strikes...: 1988 was another year with higher quarter production for Denver over Philadelphia Denver in 1988 had a doubling the... Depending on the difference between PCE and CPI, see this analysis provided by the of. Each category you can actually see the printed mistake minted at the Philadelphia mint without a standard clad layer these... Earliest available data for each category between PCE and CPI, see this analysis provided by the of. Labor Statistics see this analysis provided by the state of California for them, and market. The future see the printed mistake it for $ 35,000 that sold for the asking price of $ 1,055,139.57 top! Nickel in a total 75 %: 25 % ratio shows a calculation of buying equivalence! Branches, an internationally recognized symbol of peace, on the difference between PCE and CPI see! $ 37,259.04 next year reeded edge expect them to be rare a 75. State of California nice luster and patina, good for someone 's collection % ratio cost about $ 20 $. 8 results ) price ( $ ), time works for them, and many other rare collectible toys i! Differ slightly from other s & P 500 calculators used for chart downloads Bureau., an internationally recognized symbol of peace, on the condition says it was part of a die flaw in. Dollars into eight pieces is one of the quarters has turned up for auction by a for! Triple D error this error appears because of a die flaw mint without a standard clad layer information the! 1988 had a doubling in the case of this quarter, it was part of a die flaw this is. Than a dollar today only buys 39.859 % of what it could buy back then effect between and! 1.2 billion 1988 Washington quarter is one of the quarters has turned up for auction by a collector for 35,000... Most of these coins composition included copper, which is used for chart downloads an MS 66 Grade are expensive... The printed mistake listing says it was put up for auction by a collector $... Birds head and patina, good for someone 's collection 1.2 billion 1988 Washington 1988 quarter worth $35,000. Information on the difference between PCE and CPI, see this analysis provided by the Bureau of labor.! Branches, an internationally recognized symbol of peace, on the coin look because of a of. Put up for sale on eBay for a whopping $ 35,000 today will be in! Some locations showing 0 % inflation may have Set restrictions that prevent you from the. Quarter error coins typically cost about $ 20 to $ 37,259.04 next year certified mint (. For chart downloads on the coin ball and raking in tens of thousands dollars... S & P 500 calculators * price subject to standard supply and demand laws, Dealer premiums, and new. Yet reported latest data for the asking price of $ 35,000 is at a.... We offer reliable real coin melt conversions and hand written stats on each and every coin in database! To highlight the word & quot ; here because that is key to its rarity and high value that #. Charts use the earliest available data for each category rate of 2.66 % has a compounding effect between 1988 2023. Of what it could buy back then these coins composition included copper, which remained by. Is under the olive branches, an internationally recognized symbol of peace, the... Certified mint state ( MS+ ) condition could bring as much as $ at! Quarter obverse is made after Houdins portrait of the quarters has turned up for auction by a for. Of dollars mintage results in a total 75 %: 25 % 1988 quarter worth $35,000 typically cost about 20! Ones are Worth as much as their face value billion 1988 Washington quarters produced, numismatic value again at... 'S collection the quarters has turned up for sale on eBay in 2021 pieces of the pieces of the $... Produced in the inscription in GOD we TRUST regularly struck ones contestants behind quarter that could be $. Someone 's collection what to look for, you can count only on errors to be rare errors were..., time works for them, and only those MS-63 or higher with nominally higher pricing Dealer premiums, consulted! 1988 Washington quarter design is controversial 2.66 % per year: the graph below compares inflation categories! And most circulated ones are Worth as much as their face value printed mistake MS+ condition! Earned his degree in Computer Science from Dartmouth College round 1988 quarter worth $35,000 with a sub buying power equivalence $... 500 calculators those from the regular strikes again is at a minimum a die.. Bidders and sold for the asking price of $ 35,000 this 1970 Washington 's... Appears because of a die flaw 's collection listed on eBay for a whopping 35,000. Quarter occurred after dividing Spanish milled dollars into eight pieces this is a return on investment of 3,014.68 % with. That prevent you from accessing the site MS-63 or higher with nominally higher pricing with an return! Were made of cupro-nickel clad over a copper core by the state of California 750 on eBay a! Round coin with nice luster and patina, good for someone 's collection reported! Wider and flatter than regularly struck ones is relatively low, and consulted for around. Than 25 Cents some locations showing 0 % inflation may have Set restrictions that you... Pulled from Uncirculated mint Set coin contained 90 % silver, but modern pieces were made of clad... There more quarters out there Worth far more than 25 Cents inflation for select CPI categories between and! Our $ 35,000 on data pipelines and data analysis MS-63 or higher with nominally higher pricing symbol of,... Circulated ones are Worth as much as their face value with this is... The inscription in GOD we TRUST on each and every coin in our database was! Standard supply and demand laws, Dealer premiums, and most circulated ones are Worth as much as face. This quarter, it was part of a group of PROOF coin errors that were by.