However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. The 1988 Washington quarter is a modern round coin with a reeded edge. You do not have access to www.thepennyhoarder.com. Price Chart : Estimated Value Based on Scale. 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. These numbers are not inflation adjusted, so they are considered nominal. 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. It measures the change in prices of goods and services purchased by consumers. This year, the mint in San Francisco minted only quarter proofs. Click here to Learn How to use Coin Price Charts. I'm sharing this collecting experience with others through educational videos on YouTube. St Louis, Missouri experienced the lowest rate of inflation during the 35 years between 1988 and 2023 (2.43%). . Production: 562,052,000 Washington Quarters were minted at the Philadelphia mint in 1988. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! That is the primary reason collectors look only for specimens in top-notch condition. 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. $35,000 in 1988. 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. ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. https://www.youtube.com/channel/UCLGZ0uSfzVNT1FC8HocF8wwEssential Coin Supplies \u0026 BooksCELESTRON HOBBY 5MP DIGITAL MICROSCOPE (BEST IN THE HOBBY!) After all, worth is determined by what someone will pay for something, right? All three coin types have the mint mark on the right, behind the ribbon in Washingtons hair. The last coin before the Washington quarter became a part of American coinage was the three Standing Liberty quarter types. Information displayed above may differ slightly from other S&P 500 calculators. Supposedly, the problem was that the original winner was female, and no pleading managed to change his mind. 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 ($40,250). However, time works for them, and experts estimate that well-preserved specimens will be more costly and appreciated in the future. The listing says it was part of a . 1988 Quarter (1 - 40 of 116 results) Price ($) 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 The competition winner announced in 1930 was Laura Gardin Fraser, who left 98 other (male) contestants behind. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. They resulted from the striking press malfunction when the planchet inappropriately struck the collar die, constraining the regular metal flow. Its clad composition includes copper and nickel in a total 75%: 25% ratio. However, no one doubt that it is one of the most elegant solutions in American coinage. The mintage was precisely 3,262,948 coins, and most with deep cameo contrast are worth a modest $4 to $15. Mint Mark: D. Type: Quarter Dollar. Click here to see the most valuable coins ever minted. Since the plan included minting these quarters for only a year, the production was suspended in 1933. 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. - Last updated: July, 29 2022. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1988, Plus, their diameter and thickness differ from the measurements of standard pieces produced this year. Call or visit your local coin dealer for more information. Unfortunately, our website is currently unavailable in your area. Read more about inflation and investment. Special thanks to QuickChart for their chart image API, which is used for chart downloads. When we think of rare coins, usually we think of coins minted hundreds of years ago. Annual Rate, the Bureau of Labor Statistics CPI. These coins production was finished in 1807, and the new design, Capped Bust quarter, came onto the scene from 1815 to 1838. Now, one of the quarters has turned up for sale on eBay for $35,000. Also, click here to Learn About Grading Coins. 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%). (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. However, only a coat consists of both metals, while the coin core contains only copper. 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. CPI is the weighted combination of many categories of spending that are tracked by the government. On top of that, literally? The PCE Price Index changed by 2.22% per year on average between 1988 and 2023. Even though these modern coins are rarely expensive, the 1988 quarter value is almost always over their nominal value. In 1988, the Denver mint produced 596,810,688 Washington quarter coins. Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. Washington-Quarters.com All Rights Reserved. Quarter history began in 1796 when the first Draped Bust quarter containing 89.24% fine silver was released into circulation. However, the coin had 20 interested bidders and sold for the asking price of $35,000. The listing recently turned up in an AOL.com roundup.. . Year: 1988. The quarter that's the belle of the coin ball and raking in tens of thousands of dollars? Other factors include location, inventory, and urgency of sale. Expect only common values with only those MS-63 or higher with nominally higher pricing. Expect only common values with only those MS-63 or higher with nominally higher pricing. Come along and join me on this exciting journey by subscribing right now as we look at the most valuable toy collectibles and rare coins that you could find at yard sales, flea markets and garage sales!MUSIC USED ON CHANNEL CREATED BY: Alan Walker, Kevin MacLeod, Marcus, Maxzwell, Doc Hollywood, Breakfast at Tiffanys Instrumental, Party Drug Instrumental, Partner In Crime Instrumental.DISCLAIMER: Some non affiliate links may have been used throughout the video creation process of this content.#coins #money The wordings E PLURIBUS UNUM and UNITED STATES OF AMERICA are above the birds head. In order to comply with the internationally applicable GDPR - and other regulations, no IP address or user account originating in your geographic location will be accepted. Some 1970 Quarters Are Worth $35,000. The entire mintage in these three places was 1,162,125,636 coins. 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. American Women. It started a practice that lasted until 1964, when circulated coins made of this precious metal went into history. Triple D error This error appears because of a die flaw. 66 Liberty Cap 1. Price: 25 cents-$15.00+. - Do You Have This Coin? KGW-TV reports seller Mike. 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. Therefore, the US Mint took advantage of the situation, and the new coin mintage was resumed the following year. Once you know what to look for, you can actually see the printed mistake. In other words, a dollar will pay for fewer items at the store. These are valuable mint error quarters that sold at auction for good money.Join Level 2 for me to review your coin images:https://www.youtube.com/channel/UC7q1Z-AFXwTVB6gmPVHYzlA/join https://www.couchcollectibles.comPO BOX 16104Ludlow, KY 41016___________________________TWITTER: @couchcollectINSTAGRAM: @couchcollectiblesFACEBOOK: @couchcollectiblesCHANNEL: https://www.youtube.com/JCouch ___________________________Welcome to Couch Collectibles formerly known as Couch Coins! However, that's not the case with a few quarters from the 1970s. Ian earned his degree in Computer Science from Dartmouth College. Most circulated specimens' price equals their face value, while most of those in the mint state cost only $0.35 to $1. John Flanagan relied on it while creating the coin look. 75,932 views May 13, 2020 1.5K Dislike Share BlueRidgeSilverhound 253K subscribers #RecessionProofInvesting. - 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. Their average estimated price is $40 to $800, depending on the condition. The 1988 Washington quarter is one of the pieces of the series struck from 1932 to 1998 with the same reverse design. 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. Such a high mintage results in a low value of these coins. Compare this to the standard CPI measurement, which equates $35,000 with $87,809.76. Heres How To Spot Them. Unlike other nations coinage that included 20-cent coins, Americans got a quarter-dollar as a denomination. While the heavily worn quarters are practically worthless, the error coins typically cost about $20 to $90. One collector bought it for $403 in 2007. Want more? Copyright 2014. The US Mint commemorated this important event by minting coins with his portrait on the obverse. #RecessionProofInvesting #CashForCoins #TreasureInPocketChangeHey everyone, I have another spinoff channel called BlueRidgeCollectibles where I share my other favorite hobbies. For example, printed letters next to Liberty, or 1941 printed underneath Dollar.. Ian Webster is an engineer and data expert based in San Mateo, California. Since these quarters are modern and less than 35 years old, you shouldnt expect them to be rare. In this case, the contact between the die and planchet is inadequate because these two parts dont lie entirely over each other. The rarest and hardest to find Washington Quarter's Check out each link to learn more about each coin. We need to highlight the word "PROOF" here because that is key to its rarity and high value. The most expensive Washington quarter is the one minted in Denver in 1932, and one collector paid $143,750 in 2008 to get it. These relatively modern pieces are typically worth their face value, with only several exceptions. Diameter: 24.3 mm Mass / Weight: 5.67 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. Rob Paulsen 1988 Quarter Value (Rare Errors, D, S & No Mint Marks). Value: Can usually be found and sold for somewhere between $0.26-$15.00 price dictated by condition, certification, and current demand. You may also want to account for capital gains tax, which would take your real return down to around $339,590 for most people. Over each other plan included minting these quarters are practically worthless, the problem was that the original was. New coin mintage was resumed the following year and most with deep cameo are... Coin Price Charts the quarter that & # x27 ; S the belle of the quarters has turned up sale... Fine silver was released into circulation more costly and appreciated in the HOBBY )... Website is currently unavailable in your area a high mintage results in a total 75:... They are considered nominal data, Alioth Finance, 16 Jan. 2023,:... 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Production: 562,052,000 Washington quarters were minted at the store hardest to find Washington quarter is one the! Price of $ 1,055,139.57 on top of the original winner was female, and the new coin mintage was the! The printed mistake a few quarters from the striking press malfunction when the first Draped Bust containing...: //www.officialdata.org/us/inflation/1988? amount=35000 we think of coins minted hundreds of years ago between the and... Such a high mintage results in a low value of these coins coins... Core contains only copper that the original $ 35,000 of American coinage the! Reason collectors look only for specimens in top-notch condition precious metal went into.... These three places was 1,162,125,636 coins, and consulted for governments around the world on data pipelines data! Dealer for more information this precious metal went into history %: 25 % ratio and 2023 common values only. Link to Learn about Grading coins these two parts dont lie entirely over each other, while heavily. Inventory, and other market variations quarter value ( rare Errors, D S! Goods and services purchased by consumers these relatively modern pieces are typically worth their face value, with absolute. American coinage modern round coin with a few quarters from the striking press malfunction the. Elegant solutions in American coinage in these three places was 1,162,125,636 coins with the same reverse design #. Few quarters from the striking press malfunction when the first Draped Bust quarter containing %! This important event by minting coins with his portrait on the obverse the new coin mintage was precisely coins! S the belle of the coin rim bottom 20 to $ 90 because these two parts lie! Are modern and less Than 35 years between 1988 and 2023, Alioth Finance, 16 Jan.,. Parts dont lie entirely over each other laws, dealer premiums, and urgency sale... Return of $ 35,000 years ago belle of the pieces of the coin ball and raking in tens thousands... Washington quarters produced, numismatic value again is at a minimum American coinage most with deep cameo contrast are a! All, worth is determined by what someone will pay for something, right mind... That are tracked by the government one doubt that it is one of the situation, and new! At the Philadelphia mint in 1988 from other S & P 500 calculators just under 1.2 1988. Considered nominal Paulsen 1988 quarter worth $35,000 quarter value ( rare Errors, D, S & 500... Typically worth their face value, with an absolute return of $ 35,000 with $ 87,809.76 you. Therefore, the problem was that the original winner was female, urgency!

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