As a result, details on the coin surface appear unclear. - Last updated: July, 29 2022. 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. So give us a try next time you are shopping for coins. This chart shows a calculation of buying power equivalence for $35,000 in 1988 (price index tracking began in 1635). Expect only common values with only those MS-63 or higher with nominally higher pricing. I'm sharing this collecting experience with others through educational videos on YouTube. Alternative measurements are sometimes used based on context and economic/political circumstances. While the heavily worn quarters are practically worthless, the error coins typically cost about $20 to $90. Unlike other nations coinage that included 20-cent coins, Americans got a quarter-dollar as a denomination. Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. Unfortunately, our website is currently unavailable in your area. What is it worth? St Louis, Missouri experienced the lowest rate of inflation during the 35 years between 1988 and 2023 (2.43%). Price: 25 cents-$7.00+. Ian Webster is an engineer and data expert based in San Mateo, California. Since the motto, IN GOD WE TRUST, is required on the American coinage, the designer placed it on the left quarter side. Beautiful High Grade Quarter Directly Pulled from Uncirculated Mint Set. $35,000 in 1988 is equivalent in purchasing power to about $87,809.76 today, an increase of $52,809.76 over 35 years. 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%. In most cases, these imperfect pieces come with higher prices, while several rare errors dramatically increased their value. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. 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 NEW: Win a 10-Piece Carote White Granite Nonstick Cooking Set! The result is the quarter we know today. Its clad composition includes copper and nickel in a total 75%: 25% ratio. However, only a coat consists of both metals, while the coin core contains only copper. in2013dollars.com is a reference website maintained by the Official Data Foundation. The PCE Price Index changed by 2.22% per year on average between 1988 and 2023. This coin was worth $45,500. Unfortunately, the then-Secretary of the Treasury refused to respect the results of the competition and favored John Flanagans creation. Special thanks to QuickChart for their chart image API, which is used for chart downloads. We need to highlight the word "PROOF" here because that is key to its rarity and high value. It clutches a bunch of arrows in its talons, symbolizing war. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. 1988 P Washington quarter. The list also included a commemorative Isabella quarter struck in 1893, while the next coin was the Barber quarter, minted from 1892 to 1916. The Quarter That Could Be Worth $35,000 This 1970 Washington Quarter is listed on eBay for a whopping $35,000. Compare these values to the overall average of 2.66% per year: The graph below compares inflation in categories of goods over time. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. 1988 D Washington Quarter. Prices listed are for MS-65 certified. We offer reliable real coin melt conversions and hand written stats on each and every coin in our database. 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. 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! 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. However, the coin had 20 interested bidders and sold for the asking price of $35,000. In 1988, core inflation was 4.41%. Mint Mark: D. Type: Quarter Dollar. 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. Our calculations use the following inflation rate formula to calculate the change in value between 1988 and today: Then plug in historical CPI values. ): USA Coin Book Estimated Value of 1988-D Washington Quarter is Worth $11 or more in Uncirculated (MS+) Mint Condition. Come check out this new channel and show your support with a sub! Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. The PCE measured -39.58% inflation compared to standard CPI. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! These numbers are not inflation adjusted, so they are considered nominal. For more details on the S&P 500 between 1988 and 2023, see the stock market returns calculator. The reason was practical, and the new quarter occurred after dividing Spanish milled dollars into eight pieces. Value: Can usually be found and sold for somewhere between $0.26-$15.00 price dictated by condition, certification, and current demand. Click here to Learn How to use Coin Price Charts. The story behind the Washington quarter design is controversial. 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. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1988, Expect only common values with only those MS-63 or higher with nominally higher pricing. - Last updated: August, 12 2022. 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. 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. https://www.youtube.com/channel/UCLGZ0uSfzVNT1FC8HocF8wwEssential Coin Supplies \u0026 BooksCELESTRON HOBBY 5MP DIGITAL MICROSCOPE (BEST IN THE HOBBY!) Washington-Quarters.com is an easy to use and intuitive interface that manages prices, images, and other details related to Washington Quarters. However, it would help if you were careful with these pieces because some were simply smooshed, not errors. However, no one doubt that it is one of the most elegant solutions in American coinage. Only quarters in an MS 66 grade are more valuable and are worth approximately $55 to $65. Value: Can usually be found and sold for somewhere between $0.80-$3.20 price dictated by condition, certification, and current demand. Compare this to the standard CPI measurement, which equates $35,000 with $87,809.76. Since these quarters are modern and less than 35 years old, you shouldnt expect them to be rare. Finally, this design was permanently adopted and has been included in the list of American coinage until now. Face Value: 0.25 USD. Click here to see the most valuable coins ever minted. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. This section is more of a layman's guide, for those new to collecting. 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. You do not have access to www.thepennyhoarder.com. The entire mintage in these three places was 1,162,125,636 coins. 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. Such a high mintage results in a low value of these coins. When we think of rare coins, usually we think of coins minted hundreds of years ago. Inflation can also vary widely by country. The new coin was two-eighths, resulting in an old nickname, Two Bits, for this type. Second, look for one very specific quarter. It reached a price of $1,645 in 2017, winning the auction record. This year, the mint in San Francisco minted only quarter proofs. This is a labor of love you might say, so it is resource intensive and slow. 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. 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. However, no one was satisfied with the Standing Liberty quarters because their design showed a quick tendency to wear after some time in circulation. Supposedly, the problem was that the original winner was female, and no pleading managed to change his mind. The quarter that's the belle of the coin ball and raking in tens of thousands of dollars? Now, one of the quarters has turned up for sale on eBay for $35,000. The PCE Price Index is the U.S. Federal Reserve's preferred measure of inflation, compiled by the Bureau of Economic Analysis. Coins with this error type came with the filled letter P, representing the mint mark. The wordings E PLURIBUS UNUM and UNITED STATES OF AMERICA are above the birds head. 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. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! The most valuable Washington Quarter's. Serious collectors also sat aside high sums for some other quarters, including the one struck the same year in San Francisco. Recall that the converted amount is $87,809.76 when all items including food and energy are measured. Compare these numbers to the US's overall absolute change of $52,809.76 and total percent change of 150.89%. Rob Paulsen 1988 Quarter Value (Rare Errors, D, S & No Mint Marks). Broad-struck quarters are always wider and flatter than regularly struck ones. - Last updated: August, 12 2022. Most circulated specimens' price equals their face value, while most of those in the mint state cost only $0.35 to $1. Ian earned his degree in Computer Science from Dartmouth College. #RecessionProofInvesting #CashForCoins #TreasureInPocketChangeHey everyone, I have another spinoff channel called BlueRidgeCollectibles where I share my other favorite hobbies. You can effortlessly find any of these coins since they are in the group of modern coinage. It started a practice that lasted until 1964, when circulated coins made of this precious metal went into history. Once you know what to look for, you can actually see the printed mistake. They resulted from the striking press malfunction when the planchet inappropriately struck the collar die, constraining the regular metal flow. The 1970-S Proof Washington quarter. One collector bought it for $403 in 2007. How much was $35,000 worth in 1988? USA Coin Book Estimated Value of 1988-P Washington Quarter is Worth $16 or more in Uncirculated (MS+) Mint Condition. 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. Coin Dealer Insight: 1988 was another year with higher quarter production for Denver over Philadelphia. Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. 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