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.
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3rd Party PriceCirculated: $156.00Uncirculated: $6.00 – $646.25
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eBayCirculated: $10.50Uncirculated: $0.99 – $689.98
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PCGS Price GuideUncirculated: $1.00 – $375.00
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3rd Party PriceUncirculated: $3.00 – $675.63
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eBayUncirculated: $1.75 – $408.00
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PCGS Price GuideUncirculated: $1.00 – $850.00
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3rd Party PriceUncirculated: $3.00 – $236.00
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eBayCirculated: $9.99Uncirculated: $0.99 – $102.50
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PCGS Price GuideUncirculated: $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 |
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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.
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
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
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.