12 facts about 1987 Quarter
Minting Variety: The 1987 quarter was minted in Philadelphia, Denver, and San Francisco, each with its distinct mint mark. These variations impact the coin's rarity and value.
Silver vs. Copper-Nickel: Some 1987 quarters are composed of 90% silver, known as "proof silver quarters." Others are made of a copper-nickel alloy, affecting their intrinsic value.
Proof Sets: The 1987 Proof Set includes quarters with a polished, mirror-like finish. Collectors seek these sets for their immaculate presentation and numismatic value.
State Quarters Debut: The 1987 quarter marked the beginning of the United States Mint's endeavor to represent each state on the reverse side of the quarter, launching a popular collecting trend.
Valuable Errors: Minting errors, such as doubled die varieties or die cracks, can elevate the value of 1987 quarters. Expert examination is crucial in identifying these anomalies.
Numismatic Grading: The condition of a coin significantly impacts its value. Grading services assess factors like wear, luster, and surface quality to assign a grade and determine worth.
Market Demand: Factors like collector interest, historical significance, and overall rarity influence the demand for 1987 quarters, contributing to their market value.
Rarity Matters: Limited mintage figures, especially for specific mint marks or varieties, can drive up the value of 1987 quarters due to their scarcity.
Trends in Toning: Toning, a natural coloration that occurs with age, can enhance the aesthetic appeal of a coin. In some cases, well-developed toning can positively impact value.
Circulation vs. Uncirculated: Coins in uncirculated condition, meaning they haven't seen regular use, generally command higher prices due to their pristine appearance.
Authenticity Assurance: Authenticate the coin's origin and quality through reputable dealers or professional grading services to ensure you're accurately assessing its value.
Educate and Research: Equip yourself with knowledge by researching coin price guides, online resources, and attending numismatic events to stay informed about the evolving market.