1988 quarter worth $35,000

In the case of this quarter, it was put up for auction by a collector for $35,000. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. This is a labor of love you might say, so it is resource intensive and slow. 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). When $35,000 is equivalent to $87,809.76 over time, that means that the "real value" of a single U.S. dollar decreases over time. The story behind the Washington quarter design is controversial. In this case, the contact between the die and planchet is inadequate because these two parts dont lie entirely over each other. However, time works for them, and experts estimate that well-preserved specimens will be more costly and appreciated in the future. The listing says it was part of a . The average inflation rate of 2.66% has a compounding effect between 1988 and 2023. In 1988, PCE inflation was 3.91%. Year: 1988. That change in composition affects these coins current value. For more information on the difference between PCE and CPI, see this analysis provided by the Bureau of Labor Statistics. According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time: This conversion table shows various other 1988 amounts in today's dollars, based on the 150.89% change in prices: Inflation can vary widely by city, even within the United States. 1988 Quarter (1 - 40 of 116 results) Price ($) 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 Production: 562,052,000 Washington Quarters were minted at the Philadelphia mint in 1988. - Last updated: August, 12 2022. Recall that the converted amount is $87,809.76 when all items including food and energy are measured. Washington quarters appeared in 1932, and the US Mint produced them with unchanged reverse design until 1998. Steps Leading to Value: Face Value: 0.25 USD. Washington-Quarters.com All Rights Reserved. Want more? In 1988, core inflation was 4.41%. Other factors include location, inventory, and urgency of sale. Note that some locations showing 0% inflation may have not yet reported latest data. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. $350.00 Free shipping or Best Offer 78 watching SPONSORED It reached a price of $1,645 in 2017, winning the auction record. 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. Most pieces spending a long time in circulation are worth their face value, while well-preserved ones have higher prices barely. This means that the PCE Index equates $35,000 in 1988 with $73,955.80 in 2023, a difference of $38,955.80. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. 1988 Quarter Value (1 - 8 of 8 results) Price ($) . 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. Expect only common values with only those MS-63 or higher with nominally higher pricing. Keep reading to find out! 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. The listing recently turned up in an AOL.com roundup.. . So give us a try next time you are shopping for coins. Second, look for one very specific quarter. Copyright 2014. The most expensive Washington quarter is the one minted in Denver in 1932, and one collector paid $143,750 in 2008 to get it. Price: 25 cents-$15.00+. One of the perfectly preserved quarters with the S mint mark and the 1988 minting year won the auction record. Also of note is the Core CPI, which uses the standard CPI but omits the more volatile categories of food and energy. All Rights Reserved. The 1988 Washington quarter obverse is made after Houdins portrait of the first American President. In 1988, the Denver mint produced 596,810,688 Washington quarter coins. 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. In Average Circulated (AC) condition it's worth around 25 cents, KGW-TV reports seller Mike. 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 most valuable Washington Quarter's. 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"). Their price is relatively low, and most circulated ones are worth as much as their face value. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account. You can count only on errors to be more expensive than those from the regular strikes. 66 Liberty Cap 1. Since these quarters are modern and less than 35 years old, you shouldnt expect them to be rare. As a result, details on the coin surface appear unclear. As noted above, this yearly inflation rate compounds to produce an overall price difference of 150.89% over 35 years. So give us a try next time you are shopping for coins. - 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. *** [?]. SCARCE 1988 Washington Quarter Worth As Much As $5,000?! We are mobile, iPad, and Desktop friendly. For reference, heres a 1941 Canadian quarter: Now, looking back to the 1970 quarter, you can see subtle markings of the original Canadian coin. The new coin was two-eighths, resulting in an old nickname, Two Bits, for this type. Most circulated specimens price equals their face value, while most of those in the mint state cost only $0.35 to $1. You can find most of these coins for less than a dollar, and only those above an MS 66 grade are more expensive. Unlike other nations coinage that included 20-cent coins, Americans got a quarter-dollar as a denomination. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. Value: Can usually be found and sold for somewhere between $0.26-$15.00 price dictated by condition, certification, and current demand. Typically, these imperfect coins can bring the owner more money than those from regular strikes, so you should look carefully at what you have in your pocket. These relatively modern pieces are typically worth their face value, with only several exceptions. Unlike silver coins minted until 1965, those struck in 1988 are made of copper and nickel as a much cheaper solution. 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 1988 Washington quarter is one of the pieces of the series struck from 1932 to 1998 with the same reverse design. All Rights Reserved. Broad-struck quarters are always wider and flatter than regularly struck ones. This effect explains how inflation erodes the value of a dollar over time. However, with just under 1.2 billion 1988 Washington quarters produced, numismatic value again is at a minimum. This chart shows the average rate of inflation for select CPI categories between 1988 and 2023. However, no one was satisfied with the Standing Liberty quarters because their design showed a quick tendency to wear after some time in circulation. This calculates the value of a US dollar over time, either in today's dollars or another year. - Last updated: July, 29 2022. Such a high mintage results in a low value of these coins. Price Chart : Estimated Value Based on Scale. 1988 Quarter Error Coins Worth A LOT More Than 25 Cents! On top of that, literally? However, only a coat consists of both metals, while the coin core contains only copper. Alternative measurements are sometimes used based on context and economic/political circumstances. Ive collected rare coins, baseball cards, and many other rare collectible toys since I was a kid. 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. 2010 - 2023 USA Coin Book. 2 Draped Bust 9 Capped Bust 133 Seated Liberty 99 Barber 804 Walking Liberty 2800 Franklin 976 Kennedy 3742. If you have any questions or requests, please contact us at 727-317-5800. By calculating the value in 1988 dollars, the chart below shows how $35,000 is worth less over 35 years. You do not have access to www.thepennyhoarder.com. Expect only common values with only those MS-63 or higher with nominally higher pricing. 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. John Flanagan relied on it while creating the coin look. In other words, a dollar will pay for fewer items at the store. Come check out this new channel and show your support with a sub! Copyright 2014. Finally, the denomination is under the olive branches, an internationally recognized symbol of peace, on the coin rim bottom. The result is the quarter we know today. The reason was practical, and the new quarter occurred after dividing Spanish milled dollars into eight pieces. 1988 D Washington Quarter. Annual Rate, the Bureau of Labor Statistics CPI. The 1988 Washington quarter is a modern round coin with a reeded edge. Unfortunately, our website is currently unavailable in your area. Now, one of the quarters has turned up for sale on eBay for $35,000. 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. 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. It started a practice that lasted until 1964, when circulated coins made of this precious metal went into history. People often like to see how much their first car would have cost in today's dollars. Our calculations use the following inflation rate formula to calculate the change in value between 1988 and today: Then plug in historical CPI values. However, that's not the case with a few quarters from the 1970s. Believe it or not, this quarter sold on eBay for $35,000. We use user submitted pictures please read that article if you are interested in adding your own. 1968 Canada 10 Cents. Compare these values to the overall average of 2.66% per year: The graph below compares inflation in categories of goods over time. Unfortunately, the then-Secretary of the Treasury refused to respect the results of the competition and favored John Flanagans creation. The most expensive specimen with this date is the one that sold for $750 on eBay in 2021. Face Value: 0.25 USD. The dollar had an average inflation rate of 2.67% per year between 1988 and today, producing a cumulative price increase of 151.91%. 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 . Inflation can also vary widely by country. - Do You Have This Coin? However, it would help if you were careful with these pieces because some were simply smooshed, not errors. 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 Plus, their diameter and thickness differ from the measurements of standard pieces produced this year.

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