How Much Is Your 1987 Washington Quarter Worth Today? Expert Breakdown

How Much Is Your 1987 Washington Quarter Worth Today? Expert Breakdown

The 1987 Washington quarter holds a fascinating history for coin collectors, not only for its design but also its unique mint varieties and potential value. In this guide, we will break down everything you need to know about the 1987 quarter, including its composition, design, varieties, and current market value. Let’s dive in!

What is the 1987 Washington Quarter Made Of?

The 1987 quarter is composed of 91.67% copper and 8.33% nickel, giving it a distinctive appearance and weight. It has a face value of 25 cents, weighs 5.67 grams, and measures 24.3 millimeters in diameter. The coin’s edge is reeded, featuring small grooves along the edge.

Obverse Design

The front side of the 1987 quarter, also known as the obverse, displays the left-facing portrait of George Washington, the first president of the United States. This design was created by John Flanagan, an American sculptor, and has been featured on the quarter since 1932. The inscriptions found on the obverse include:

  • LIBERTY
  • IN GOD WE TRUST
  • The year 1987
  • The mint mark (if present)

Reverse Design

The reverse side of the coin depicts an American bald eagle, symbolizing strength and freedom. The eagle is spread-winged and perched on a bundle of arrows, representing the United States’ readiness to defend itself. Below the arrows are olive branches, which symbolize peace. The coin also features the motto E PLURIBUS UNUM (Out of many, one), along with the inscriptions:

  • UNITED STATES OF AMERICA
  • QUARTER DOLLAR

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Varieties of the 1987 Quarter

The 1987 Washington quarter was minted in three main locations: Denver, Philadelphia, and San Francisco. Each mint produced its own unique version of the coin, identified by a mint mark. The mint marks are located on the obverse side, to the right of George Washington’s ponytail.

1987-D Washington Quarter (Denver Mint)

1987-D Washington Quarter (Denver Mint)
  • Mint Mark: D
  • Mintage: 655,594,696 coins
  • Value: $0.30 to $6.65 (or more, depending on condition) The 1987-D Washington quarter was the most widely produced among the three varieties. While it may not hold much premium value in circulated condition, uncirculated coins can fetch a higher price in the market.

1987-P Washington Quarter (Philadelphia Mint)

1987-P Washington Quarter (Philadelphia Mint)
  • Mint Mark: P
  • Mintage: 582,499,481 coins
  • Value: $0.25 to $10.00 (or more, depending on condition) The 1987-P quarter was struck in Philadelphia. This variety typically sells for higher prices when in mint or uncirculated condition.

1987-S Washington Quarter (San Francisco Mint)

1987-S Washington Quarter (San Francisco Mint)
  • Mint Mark: S
  • Mintage: 4,227,728 coins
  • Value: $0.30 to $4.52 (or more for proofs) The 1987-S Washington quarter is notable for its beautiful proof quality, produced at the San Francisco Mint. Proof coins are known for their sharp details and reflective surfaces, making them highly desirable to collectors.

Error Coins and Special Varieties

Some 1987 quarters were minted with errors, which can make them even more valuable to collectors. Here are a few notable errors:

  • 1987-D Washington Quarter DDR (Doubled Die Reverse): This error results in a doubling of some reverse elements, especially the letters in “AMERICA.”
  • 1987-P Misaligned Die Error: A misaligned die can cause parts of the design to be off-center or create unusual features along the coin’s rim.
  • 1987-P Die Clash Error: This occurs when the obverse and reverse dies strike each other without a coin planchet in between, leading to unusual lines or cracks.

How Much is a 1987 Quarter Worth?

The 1987 Washington quarter typically carries a face value of 25 cents. However, depending on the coin’s condition, mint mark, and whether it has any errors, its value can range from a few cents to hundreds of dollars.

Here’s a quick breakdown of value ranges:

CoinConditionValue Range
1987-D Washington QuarterCirculated$0.30 – $6.65
1987-P Washington QuarterCirculated$0.25 – $10.00
1987-S Washington Quarter (Proof)Uncirculated$0.30 – $4.52
1987-D Washington Quarter (MS-67)Mint StateUp to $420
1987-P Washington Quarter (MS-67)Mint StateUp to $135
1987-S Washington Quarter (PR-70)Proof StateUp to $85

Coins graded as MS-67 or higher are particularly valuable due to their near-perfect condition. Coins with PR-70 grading, specifically proof coins, are considered flawless and can reach premium prices.

Grading System for Coins

To understand how coins are valued, it’s important to know about the Sheldon Scale, which rates coins from P-1 (Poor) to MS-70 (Mint State Perfect). Collectors use this system to assess the quality and condition of a coin. A higher grade indicates better condition and often leads to a higher market value.

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Where to Buy or Sell a 1987 Quarter

Where to Buy or Sell a 1987 Quarter

If you’re looking to buy or sell a 1987 quarter, there are several options:

  • Online Marketplaces: Websites like eBay, Amazon, and Etsy offer platforms where buyers and sellers can trade coins.
  • Coin Shops: Local coin dealers and numismatic shops can provide in-person evaluations and sales opportunities.
  • Auction Houses: For rare and high-grade coins, auction houses are excellent options.
  • Coin Grading Services: Professional services like the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC) can certify your coin’s value and help you sell it at a higher price.

FAQs

What are the most valuable 1980s quarters?

Some 1980s quarters, such as the 1983-P and 1983-D quarters, are particularly valuable due to their rarity and condition.

What is the “In God We Rust” quarter?

This famous error occurred on some 2005 Kansas quarters where the letter “T” in “Trust” was not fully struck, resulting in the phrase “In God We Rust.”

Is a 1987 penny made of copper?

Yes, but the 1987 penny is mostly zinc with a thin copper coating (2.5% copper, 97.5% zinc).

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