The Washington Quarters are important coins in USA history that were made in 1932 and still are in circulation. These coins were made in two types of main composition: first, silver quarters were made until 1964 and replaced with cupronickel coins in 1965. The 1987 quarters are part of a series of coins made after 1976, and these are 25-cent face value coins. These coins do not have silver-like high-value metals that make their value based on grade and conditions. In this post, we will cover details for 1987 quarter value features and other details for finding value. So let’s get started with how much a 1987 quarter is worth.
1987 quarter value Chart
Mintmark | MS60 | MS63 | MS65 | Ms. 66 | MS67 | Proof |
1987 P Quarter Value
|
$1 | $2 | $20 | $60 | $325 | |
1987 D Quarter Value
|
$1 | $2 | $8 | $30 | $340 | |
1987 S quarter
|
$4.52 to 85 |
History of the 1987 Quarter
In 1932, for the first time, Washington quarters were made to celebrate the 200th anniversary of the USA’s first president. The coins come with a photo of the president on the front side. The coins made in 1932 had mostly silver composition; this composition was used until 1964. The high prices of silver content and people started hoarding, so silver content was removed from coins. These coins became costly for creation, not used for circulation because of hoarding. In 1965 it was decided from mint to change the composition of coins and remove silver for minimizing the hoarding.
The new coins also have a silver color, but their composition has cupronickel. That is a combination of copper and nickel and makes it silver-like finishing.
There was some difficult process faced for making new compositions of coins that was difficult to handle since it was causing issues for coin striking. There were 1,242,321,905 coins, quarters, made in 1987.
Mint | Minted |
1987 P quarter | 582,499,481 |
1987 S proof quarter | 4,227,728 |
1987 D quarter | 655,594,696 |
Total | 1,242,321,905 |
Features of the 1987 Quarter
Obverse of the 1987 Quarter
The front side of the 1987 quarters comes with a photo of Washington’s president facing left. The designer’s initials, JF, are also seen there, and the motto IN GOD WE TRUST is also written. The LIBERTY word mentioned on the obverse of 1987 quarters
The reverse of the 1987 Washington quarter
The backside of the coins has a bald eagle that is used as a USA strength symbol and power. The country name, UNITED STATES OF AMERICA, and the motto E*PLURIBUS*UNUM are written there. The eagle has two olive branches and arrows to show readiness for the country. The olive symbol is peace, and QUARTER DOLLAR union is also written.
Some other features for the 1987 quarter are as
- The face value of coins is 25 cents and round in shape.
- The composition of coins is 91.67% copper and 8.33% nickel.
- The diameter of the coins is 24.3 mm, and the thickness is 1.75 mm.
- Its weight is 5.67 grams with a reeded edge.
Face value | 25 cents |
Shape | Round |
Compound |
91.67% copper and 8.33% nickel
|
Coin weight | 5.67 g |
Edge | Reeded |
Coin diameter | 24.3 mm |
Coin thickness | 1.75 mm |
1987 P Washington quarter value
In 1987 the Philadelphia mint made more than 600 million quarter coins. These coins do not have mint marks and are made for business strikes and are in circulation. Out of 600 million, there are 204 million quarters in circulation. These coins come with different grades and mint marks.
The 1987 P quarters in low mint state MS60 are about one dollar, and MS65 can be about 20 dollars.
MS66 grades are about 67 dollars, and MS67 we can get for 135 dollars.
The face value of these coins is about 0.25 dollars. The low-cost coins in circulated condition mint state are in the range of $0.35 to $1. Based on grade, we can get them for about 390 dollars. IN 2018 sold for 690 dollars in auction MS67 grade
grade | 1987 P quarter value |
Good | $0.25 |
Very good | $0.25 |
Fine | $0.25 |
Very fine | $0.25 |
Extra fine | $0.25 |
AU | $0.25 |
MS 60 | $0.35 |
MS 61 | $0.35 |
MS 62 | $0.35 |
MS 63 | $0.50 |
MS 64 | $0.75 |
MS 65 | $1 |
MS 66 | upto 40$ |
MS 67 | 400 |
1987 D Washington quarter value
The Denver mint made about 655,594,696 quarters in 1987, and these coins have mint marks. The value of these coins is in the range of 0.35 dollars to 18 dollars. Some rare and high-grade coins can get up to 250 dollars. 1987 D MS 67 Washington quarter, sold in 2015 for 676 dollars.
around 230 million still in circulation, and MS65 grade is about ten dollars.
Ms66 grade is 30 dollars in value and M66+ are about 80 dollars
MS67+ grades are about 900 dollars.
grade | 1987 D quarter |
Good | $0.25 |
Very good | $0.25 |
Fine | $0.25 |
Very fine | $0.25 |
Extra fine | $0.25 |
AU | $0.25 |
MS 60 | $0.35 |
MS 61 | $0.35 |
MS 62 | $0.35 |
MS 63 | $0.50 |
MS 64 | $0.75 |
MS 65 | $1 |
MS 66 | $15 to $18 |
MS 67 | $200 to $240 |
1987 S Washington quarter value
The San Francisco mint made 1987 S-proof quarters about 4,227,728. The lowest mintage of these coins makes them for collectors and not used for common circulation. These coins are made with the use of a special type of die that makes coins have a good luster and shiny surface. The value range of these coins is 20 to 90 dollars.
The PR61 grade 1987 S proof coins are about 5 dollars, and the PR67+ grade coins are about ten dollars.
1987 S proof DCAM quarter value for different grades is as
PR67=4$
PR68=5$
PR69=7$
PR70 = $20
1987 Quarter Errors List
Broad struck error
Planchet is accurate; handle through collar at time of striking; if there is misalignment, it causes a larger size strike of coins, and that error is called a broadstruck error coin. MS63-grade 1987 quarter coins sold for 20 dollars in an auction with a broad strike error.
Off-center Error
At the time of the die strike, do not strike at the middle of the coins and strike at the misaligned point and make an off-center error on the coins. As a result, some parts of the design missed that define the value of coins. Off-center error value based on percentage of center. The coins that are off-center from 10 to 20 percent are low value, and more than 50 percent off-center with clear details are high value. The 1987 D quarters mS65 sold for 5 dollars with 25% off center.
1987 Quarter Double Die error
The double die error is the result when a die strikes on coins and makes doubling effects on coin design and letters and words with minting dates. The doubling effect on the front side makes a double die obverse error, and the double die on the back side makes a double die reverse error on the coins.
Die Clash Error
This error is a result of when the die for the front and back side strikes without the use of a planchet. As a result, there are many lines or cracks on coins. In some coins, there are distorted designs due to errors. The coins come with different values based on conditions of error.
FAQ
What is the value of a 1987 quarter?
The value of coins is based on coin conditions and grade with minting error. The value of 1987 quarters is in the range of 0.25 to ten dollars, and the high value can be 450 dollars. Some other grades and error coins are thousands of dollars.
What is the value of the 1987 D Quarter?
The 1987 D quarters in circulated conditions are about face value. The uncirculated coins we can get are worth 0.25 to 7 dollars. Mint state coins are about 30 dollars. MS65 grades are about 8 dollars. The MS67 has a value of more than 450 dollars.
How much does a 1987 quarter weigh?
The composition of 1987 quarters is 91.67% copper and 8.33% nickel, and its weight is 5.67 grams. This coin has less value as compared to silver quarters that were made before 1965.
What is the value of the uncirculated 1987 quarter?
Mint Mark | Grade | Value |
P | MS60 | $1 |
D | MS60 | $1 |
S | PR60 | $2 proof |
D | MS65 | $7 |
S | PR65 | $5 proof |
P | MS65 | $20 |
S | PR70 | $34 proof |
P | MS67 | $425 |
D | MS67+ | $850 auction price |
Is the 1987 Washington quarter rare?
There are a larger number of 1987 quarters in circulation, so it is difficult to ask them for their coins.
What are 1987 Washington quarter high value sold?
Mint Mark | Grade | Sold for | Year Sold |
P | MS 67 | $690 | 2018 |
D | MS 67 | $676 | 2015 |
S | PR 70 | $236 | 2003 |
What is the value of the 1987 No Mint mark quarter?
grade | 1987 P quarter value |
Good | $0.25 |
Very good | $0.25 |
Fine | $0.25 |
Very fine | $0.25 |
Extra fine | $0.25 |
AU | $0.25 |
MS 60 | $0.35 |
MS 61 | $0.35 |
MS 62 | $0.35 |
MS 63 | $0.50 |
MS 64 | $0.75 |
MS 65 | $1 |
MS 66 | uptp 40$ |
MS 67 | 400 |
What are the most valuable quarters?
Quarter | Grade | Sold for | Sold in |
Silver Washington Quarters (Type 1) | |||
1932 D | MS 66 | $143,750 |
(2008)
|
1932 S | MS 66 | $45,500 |
(2020)
|
1949 D | MS 68 | $43,475 |
(2019)
|
1948 | MS 68+ | $43,200 |
(2021)
|
$1,932.00 | MS 67 | $40,250 |
(2012)
|
Clad Washington Quarters (Type 2) | |||
1983 P | MS 65 | $15,862.50 |
(2014)
|
1965 | MS NONE GEM BU | $12,650 | (2005) |
1966 | MS 68 | $11,750 |
(2019)
|
1982 P | MS 68 | $10,200 |
(2019)
|
Silver Proof Washington Quarters (Type 1) | |||
1950 | PR 68 | $31,200 | (2022) |
$1,937 | PR 68 | $18,400 | (2005) |
1942 | PR 69 | $16,800 |
(2020)
|
1941 | PR 68 | $15,863 | (2013) |
1953 | PR 69 | $15,600 |
(2021)
|
Clad Proof Washington Quarters (Type 2) | |||
1974 S | PR 70 | $10,925 |
(2009)
|
1998 S | PR 65 | $9,987.50 |
(2014)
|
1971 S | PR 69 | $7,475 |
(2007)
|
1990 S | PR 70 DC | $7,050 |
(2017)
|
1973 S | PR 70 DC | $5,875 |
(2017)
|