The 1987 Washington quarter is a popular coin for collectors and investors. But how much is it really worth today? You might think it’s just another regular coin, but some versions of the 1987 quarter can be worth much more than you expect. Let’s break it down and find out exactly why certain 1987 quarters have more value than others.
What Is the 1987 Washington Quarter?
The 1987 Washington quarter is part of the ongoing series of U.S. quarters that has been in circulation since 1932. It features George Washington’s image on the front and an eagle on the back. The 1987 quarter itself was minted in large quantities, which means most of these coins don’t have much added value. However, some specific factors can make certain 1987 quarters worth more.
How Much Is a Regular 1987 Quarter Worth?
For most people, a regular 1987 quarter is worth just 25 cents. This is the face value of the coin, and if you have one in your pocket, it will buy you the same amount of goods as any other quarter. The majority of 1987 quarters that you see in circulation are not rare and don’t have any special characteristics.
What Makes a 1987 Quarter Rare?
While most 1987 quarters are worth just 25 cents, some rare ones can be worth much more. Here are some factors that can make a 1987 quarter valuable:
- Condition: A 1987 quarter in excellent condition, with minimal wear, can fetch a higher price than a worn-out one. Coins that are in near-perfect condition are much more desirable to collectors.
- Errors: Some 1987 quarters have errors, such as double strikes or misprints, that make them rare and valuable. These types of errors can make a coin worth hundreds or even thousands of dollars.
- Proof Coins: Proof coins are specially made coins with a shiny, mirror-like finish. These are not meant for circulation but are sold to collectors. If you have a 1987 proof quarter, it could be worth more than a regular one, depending on its condition.
| Feature | Description | Estimated Value |
|---|---|---|
| Regular 1987 Washington Quarter | Standard quarter found in circulation. | Face value: 25 cents |
| Uncirculated 1987 Quarter | A coin that has not been used in circulation and remains in perfect condition. | $1 to $3, depending on quality |
| Proof 1987 Quarter | Specially minted for collectors with a shiny, mirror-like finish. | $5 to $20, depending on condition and packaging |
| Error Coins (e.g., Double Strike) | Coins with minting errors, such as double strikes or missing details. | $50 to $1,000 or more, depending on rarity and condition |
| 1987 Quarter with Missing Mint Mark | A coin that may have been struck without a mint mark or with an incorrect one. | $10 to $100, depending on rarity and condition |
| 1987 Quarter with Special Features | Coins with rare features like die cracks or misprints. | $10 to $500 or more, depending on rarity and error type |
| Circulated 1987 Quarter | Common coin used in regular transactions. | Face value: 25 cents (no added value) |
| Appraisal for Rare 1987 Quarter | Professional evaluation to determine the coin’s value. | Varies based on condition, rarity, and demand |
How Much Could a Rare 1987 Quarter Be Worth?
If your 1987 quarter is in excellent condition, or if it has an error or is a proof coin, it could be worth significantly more than 25 cents. Here are some general price ranges:
- Uncirculated 1987 Quarter: These quarters, which haven’t been in circulation and show no signs of wear, could be worth around $1 to $3.
- 1987 Proof Quarter: A proof quarter, depending on its condition, could be worth between $5 to $20.
- Error 1987 Quarters: Rare errors can make these quarters worth hundreds or even thousands of dollars, depending on the severity and type of error.
Where Can You Sell or Buy Rare 1987 Quarters?
If you think you have a rare 1987 Washington quarter, you might want to consider selling it to a coin dealer or auction house. Websites like eBay or platforms specializing in rare coins also offer opportunities to buy or sell valuable quarters. Always get a professional opinion before selling a rare coin to ensure you’re getting a fair price.
FAQs
What is the value of a regular 1987 Washington Quarter?
A regular 1987 Washington quarter is worth its face value of 25 cents. Most of these coins are found in everyday circulation and do not have any added value unless they are in excellent condition or have special features.
How can I tell if my 1987 Washington Quarter is worth more than 25 cents?
A 1987 Washington quarter might be worth more than 25 cents if it’s in uncirculated condition, has a minting error, or is a proof coin. Errors like double strikes or missing details can increase the value significantly.
What is an uncirculated 1987 quarter worth?
An uncirculated 1987 quarter, which hasn’t been used in circulation and remains in perfect condition, can be worth between $1 to $3, depending on its quality.
How much is a 1987 proof quarter worth?
A proof 1987 quarter, specially made for collectors with a shiny finish, can be worth anywhere from $5 to $20. The exact value depends on its condition and whether it’s in the original packaging.
What kind of errors can make a 1987 quarter valuable?
Certain errors, such as double strikes (where the coin is struck more than once), missing details, or misprints, can make a 1987 quarter highly valuable. Some error coins can be worth hundreds or even thousands of dollars.
While most 1987 Washington quarters are worth just their face value of 25 cents, some can be worth much more. The value depends on the coin’s condition, whether it has any errors, and if it’s a proof coin. If you have a 1987 quarter that seems unusual or in excellent condition, it’s worth looking into. You may be holding a rare gem that could be worth hundreds or even thousands of dollars. Remember, the world of coin collecting is full of surprises!
