Price Guide for 1987 Quarter Variants

This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1987-P Quarter (Regular Strike)
  • 3rd Party Price
    Circulated: $156.00
    Uncirculated: $6.00 – $646.25
  • eBay
    Circulated: $10.50
    Uncirculated: $0.99 – $689.98
  • PCGS Price Guide
    Uncirculated: $1.00 – $375.00
1987-D Quarter (Regular Strike)
  • 3rd Party Price
    Uncirculated: $3.00 – $675.63
  • eBay
    Uncirculated: $1.75 – $408.00
  • PCGS Price Guide
    Uncirculated: $1.00 – $850.00
1987-S Quarter, DCAM (Proof)
  • 3rd Party Price
    Uncirculated: $3.00 – $236.00
  • eBay
    Circulated: $9.99
    Uncirculated: $0.99 – $102.50
  • PCGS Price Guide
    Uncirculated: $5.00 – $34.00

Design and Specifications of the 1987 Quarter

The 1987 Quarter continues the Washington Quarter design, which was first introduced in 1932 to commemorate the 200th anniversary of George Washington’s birth. This coin represents a stable period in U.S. coinage, with no major design changes or compositional alterations during this year.

Weight 5.67 grams
Diameter 24.3 mm
Mint Marks P, D
Composition 91.67% copper, 8.33% nickel clad over a pure copper core
Obverse Design Portrait of George Washington, designed by John Flanagan
Reverse Design Heraldic eagle, designed by John Flanagan

Rarity Factors and Value Drivers

Condition plays a crucial role in the value of 1987 Quarters. While circulated examples are generally worth only face value, uncirculated coins can command a premium. Coins in MS65 and above are particularly desirable, with those grading MS67 or higher being quite scarce and valuable.

For proof coins, the difference between PR69 and PR70 can be significant in terms of value. Cameo and Deep Cameo contrasts are highly sought after by collectors, potentially increasing the coin’s worth.

Philadelphia, P

Mintage: 1,034,977,149

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Uncommon in grades MS66 and above

Varieties Errors: None significant

Market Demand: Low, primarily of interest to date and mint mark collectors

Denver, D

Mintage: 556,448,344

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Uncommon in grades MS66 and above

Varieties Errors: None significant

Market Demand: Low, primarily of interest to date and mint mark collectors

San Francisco, S

Mintage: 4,227,728

Rarity Scale: Common for proofs

Circulation Status: Not Intended for Circulation

Preservation Rarity: Common in grades up to PR69, scarce in PR70

Varieties Errors: None significant

Market Demand: Moderate, popular among proof set collectors

Strike quality is an important factor for 1987 Quarters. Well-struck coins with full detail on the high points of the design, particularly on Washington’s hair and the eagle’s feathers, are more desirable. Luster also plays a role in valuation, with coins exhibiting strong, original mint luster being preferred by collectors.

While not common for this year, any error coins, such as off-center strikes or die cracks, could significantly increase value. Additionally, quarters with attractive, natural toning can command a premium, especially if the toning is vivid and symmetrical.

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