1986 Quarter Value: How Much Is it Worth Today?

As you can see we are big fans of the Washington Quarter coin series. We didn’t want to but it seems that lately, all our articles are about Washington Quarters. But honestly, there are so many of them, and there are so many different varieties and error coins that we can’t resist exploring.

It would be a shame to not share all we discovered with you, right? We didn’t count but it seems like this is our sixth or seventh Washington Quarter article in a row. So to celebrate that we decided to talk about the 1986 Quarter value.

The 1986 Washington quarter in circulated condition is only worth its face value of 25 cents. However, there are some rare and valuable exceptions that can be worth significant premiums:

• For uncirculated common 1986 quarters, values range from $1 to $3 in MS63 up to around $10-15 in MS65 condition.
• Proof versions from mint sets can range from $2 in PR65 up to $50 or more if graded PR70 by PCGS/NGC.
• There are no rare mint marks or major varieties in 1986, so that doesn’t impact value.
• Errors like broadstrikes and dramatic off-center strikes can fetch $100s or more depending on the severity of the error.
• High certified grades like MS67 or PR70 DCAM can trade for anywhere from $100 to $500+ at auction depending on eye appeal and demand.
• The 1986-P Washington quarter graded MS67 by PCGS holds the record at $2,880.
• Other top auction records include $881 for a 1986-D in MS67 and $552 for a 1986-S proof in PR70 DCAM.

So in summary, while most 1986 quarters are only worth face value, rare condition examples, proofs, and errors certified by PCGS/NGC can be worth significant premiums ranging from $50 up into the thousands in some cases. A small number of superb specimens are highly sought after by collectors and carry substantial value.

In this article, we will talk about different varieties, price ranges, error coins, how to trade them, and how to determine their true value. If this sounds like a good idea to you, please read on.

The History Of Washington Quarter Coin

Let’s first start with a short history lesson about Washington Quarter. The Standing Liberty Quarter was an official quarter coin before 1932. In 1931 the government decided to replace the current quarter coin design with the new one in honor of George Washington’s 200th birthday.

As you probably figured out Washington Quarter was meant to be a commemorative coin that would be in use for only a year. However, people loved this new coin design so much, that the Mint decided to keep the production and completely retire the Standing Liberty design. Considering this design was in use for 66 years we can easily claim that this is the most popular coin ever produced in the US Mint.

However, there is one more historical turning point that made Washington Quarter a popular collectible. Washington Quarters from 1965 are the first coins that transitioned from 90% silver planchette to copper-nickel-clad planchette.

The main features of the 1986 Washington Quarter coins

If you are serious about coin collecting then you need to constantly learn about the coins. No matter how old a coin is you need to know some basic specification information to easily distinguish a real one from a fake one. Here are some of the most important things you need to know about this modern-era Washington Quarter coin.

As usual, an obverse side of a Washington Quarter coin features an image of the first President George Washington. He is pictured facing left, while just above his head the word “Liberty” is inscribed. On the bottom side of the coin, near the edge, a date of minting and a mint mark is placed. Keep in mind that the mint mark switched from the reverse to the obverse side in 1968. Also, a regular inscription “In God We Trust” is engraved below his chin, on the left side of his bust.

On the reverse side, you can see a bald eagle with his wings spread just like he’ll fly off. AN eagle is clutching onto a bundle of arrows. Just below the arrows, you can see two curved olive branches. Since these two symbols are opposite, one is a symbol of war, while the other is a symbol of peace.

A denomination “Quarter dollar” is engraved below the branches. While the Latin motto “E pluribus unum” and  “United States of America” are inscribed one on top of another, above the eagle’s head.

It is very important to know which series is made from which material. All Washington Quarters pre-1965 are struck on 90% silver planchet. On the other hand, post-1965 coins are struck on copper-nickel clad composition planchet. We recommend paying attention and always checking the coin thoroughly since sometimes quarters end up mistakenly struck on old silver planchettes.

Silver coins can be easily recognized by their smooth texture, bright shine, and weight. These are a bit heavier than clad coins. Copper-nickel-clad coins feature a brassy texture and a matte hue that is less shiny.

The next step is to check for the mint mark. All quarters that are minted after 1968, bear the mint mark on the obverse side we already mentioned that. However, did you know that from 1980 all Washington Quarters minted in Philadelphia carry a “P” mint mark? Besides this, there are also mint mark D for Denver, and mint mark S for San Francisco.

These three mints produced together around 551,199,333 coins of which 3 million are proof coins. Unfortunately, mintage volume tells you that this is a pretty common coin. Luckily, the 1986 series feature a lot of minting errors that can bring you a nice amount of cash.

1986-S Washington Quarter Proof Coins

Most US coins are struck in regular and proof coin varieties. The US Mint decided to strike proof coins of better quality so they fit the requirements of coin collectors. Also, proof coins are used for presentations.

These coins are struck on a specially selected planchette and with carefully prepared dies (must be in perfect condition). Every proof coin must be perfect with an outstanding mint shine. The details on the design are sharp and clear with larger reflective fields. Proof coins are highly polished and struck multiple times to achieve that overall look.

All proof coins originate from San Francisco Mint. In 1986, the San Franciso facility minted around 3 million quarter proof coins. This is pretty low mintage which additionally enhances their value and popularity among collectors.

Proof coins are struck in regular, cameo, or deep cameo contrast. The only difference between regular strike proof coins and cameo coin is in clarity. Both CAM and DCAM coins are deeply polished to achieve that highly reflective fields.

CAM proof coins feature a mirror-like luster. Fine details like letters and bust, appear in a milky white contrast shade. Those areas are not reflective at all so they contribute to the high contrast. DCAM proof coins have even higher contrast.

Depending on the angle they usually appear black and white. Characteristics for deep cameo coins are frosty white and creamy contrast reflective fields.

Even though both types of these coins are sacre and very popular their value is not bombastic as you may expect. Approximately a CAM proof coin will be worth around $18, while DCAM coins are estimated to be worth more. An average price goes from $100 and up. One example was sold for $552 at an auction in 2003.

The list of errors that occur on the 1986 Washington Quarter coins

1986 Washington Quarter series isn’t as valuable as many of us would like it to be. The main reason is the high mintage. But, there is one good thing about high mintage – with larger volume, the chances that an error coin will occur are increased as well.

Error coins are very popular and sought-after among collectors. A lot of passionate collectors will pay huge amounts of money just to get that rare and unique coin in their collection. This is why it is important to learn what kind of mistakes occur in which series so you can know what you are looking for exactly.

Also, make sure you know some general information about each type of error coin, since they can be easily mistaken for damaged coins from circulation. Error coins are only those that are damaged during the mining process! Here is the list of error coins found in the 1986 Washington Quarter series:

• 1986 Washington Quarter Broad-Struck Error – This error occurs when the die deeply strikes the coin, which becomes broader and wider. You will notice the signs of this error around the rim of the coin. This kind of error is rare and depending on the condition of the coin it goes from $20 and up.
• 1986 Washington Quarter Broad-Struck And Double-Struck Error – This extremely rarer error coin is a result of a combination of broad-struck and double-struck errors. This is a one-of-a-kind error coin and it is estimated to be worth at least $125.
• 1986 Washington Quarter Missing Letters On The Reverse Error – Sometimes coins don’t get struck properly, or maybe the die is worn out, No matter what is the reason, the end result is that some letters like the “A” in “America”, or the end letters on word “dollar” are missing on the reverse side. These error coins will fetch you form $80 and up.
• 1986 Washington Quarter Triple Curved Clips Error – This error is characteristic of the 1986 D Washington Quarter coin that ended up struck with three clips. One clip took almost half of the coin, so the date at the bottom of the coin is missing. The second clip occurs on the top of the “Liberty” inscription. Finally, the third clip is also located near the mint date. This error coin was sold for $140, but there are some specimens that are listed for higher prices.
• 1986 Washington Quarter Die Adjustment Strike Mint Error – This error coin has a faded or blurry appearance. Unfortunately, many details are missing, including the image of an eagle. Even though this is a massive mistake, since it misses a lot of significant details this error coin is estimated to be around $35.
• 1986 Washington Quarter Off-Center Struck Error – When the die strikes a planchet that is misplaced, details on the coin will be printed on one side or off-center. This kind of error can be really valuable, depending on the percentage of an off-center design. These coins will cost from $30 and up.
• 1986 Washington Quarter Strike On A 5-Cent Planchet Error – This particular error coin occurred when the 1986 quarter was mistakenly struck on a Jefferson Nickel planchet. This coin was sold for $300.

Most Valuable 1986 Quarter Coins Worth Investing

You can spend a lot of time looking for the perfect 1986 quarter coin, but it is unlikely to find one worth significant money. On the other hand, if you invest the same effort in the search for those imperfect coins in perfect condition, you might earn big bucks.

Also, pay attention to proof coins, and if you run across one make sure you consult a specialist before pricing it out, to avoid selling it under the real value.

Quick price overview

There is a major difference between the prices of uncirculated and circulated coins. For instance, 1986 Washington Quarters in circulated condition are estimated to be worth between $0,30 and $10 while those in mint state are $625.

However, a lot of circulated coins are still in good condition and suitable as collecting examples. Here is the list of the top 3 common coins worth investing in:

• 1986 Washington Quarter MS64 – $13
• 1986 Washington Quarter MS65 – $20
• 1986 Washington Quarter MS66 – $94

Most Valuable 1986 Washington Quarter Rare Coins  

Learn How To Determine The Value Of The Washington Quarter?

We all know that serious collectors always prefer to invest in coins that were professionally graded. However, sometimes a coin isn’t that valuable, so paying for professional grading would be a waste of money. If you think that is the case with your coin, the first thing you should do is try figuring out the value on your own.

In the end, you can always send your coin to a grading company if you are struggling. Here is the group of factors that will help you determine the value on your own just. Look for the following:

• Material – When you are grading Washington Quarters, the first thing you need to do is check if the coin is made from silver or from copper-nickel clad composition. In the following heading, we thoroughly explained how you can recognize silver from clad coins.
• Mint mark – Mint mark will tell you all you need to know, well not all but almost. When you know from which mint facility a coin originates you can easily find out the mintage volume. By now you surely know that a lower mintage means more value and a higher selling price. Don’t forget that coins minted after 1968 carry the mint mark on the obverse side.
• Condition and grade – Grade and value will be determined by the current condition of your coin. Further, the grade will determine the price. There are only four main groups that are interesting to collectors – Uncirculated, Extremely Fine, Fine, and Good.
• Rarity – Everything that is one of a kind and rare is priceless. Well not exactly priceless, but it will be sold for higher prices than regular varieties. Coins are among those items that have an abundance of rare and one-of-a-kind specimens and coin collectors are crazy about them. They are willing to pay generous amounts of money to get them, especially if they are in perfect condition.

How To Spot A Difference Between Clad And Silver Quarters?

The general plan was that all coins minted after 1965 are struck on clad planchets, however, from time to time, errors occur, and quarters end up accidentally struck on silver planchets. These coins are extremely rare and valuable so it is good to know how to spot them.

The main difference is weight. Silver quarter coins are a bit heavier, and they weigh 6.25 grams, while clad coins are just 0.25 grams lighter, weighing around 5.67 grams. Keep in mind that this is a minor difference that you can’t feel under your fingers, so you’ll need to use a precise scale.

The second feature that will help you recognize silver from cladding is shine. Silver coins have a bright shine, while clad coins have that odd matte look. Also, check for patina, or any other sign of the aging process, silver coins tarnish with time, and clad coins are prone to hue.

When it comes to coins that are minted from precious metal a sound is a good indicator. Silver coins will produce a higher-pitched sound and ring when you drop them on a hard surface. Clad coins, on the other hand, produce a dull sound.

How And Where To Trade Your Valuable 1986 Washington Quarters?

If you want to buy or sell your coins you need to do that through reliable and reputable partners. Scams are, unfortunately, very common in the coin world so the only way to make sure you avoid these unpleasant situations is to work with auction houses and certified coin online stores.

Here is the list of auction houses and web pages that we can guarantee for – Heritage Auctions, PCGS,  Coins For Sale, Stack’s Bowers, or Littleton Coin Company.

If you are selling your coins make sure you check demand and supply on web platforms like eBay, Etsy, and LiveAuctioneers. This will help you decide under which price you will list your coin, and if it is a good time to do so, or to wait for a bit longer. On the other hand, if you are buying coins here, make sure you check feedback, comments, and anything that can help you figure out if the previous customers were satisfied with the cooperation with the dealer.

FAQ

What modern-era quarter coins are rare?

Washington Quarters minted in 1982 and 1983 are interesting for collectors who prefer collecting modern quarters. The main reason is that the US Mint didn’t produce any of the uncirculated mint sets in those years.

And how’s that special? That means you will have a very hard time finding a quarter coin in the best quality condition, which means that even a coin in mint state 67 is pricey and hard to find.

What are the most valuable Washington Quarters?

We can freely say that all Washington Quarters minted from 1932 until 1964 have a very high collectible value. However, there are some specimens that are extremely rare and valuable. One of those is 1932-D Washington Quarter MS 66, which was sold for $143,750 in 2008.

Here are some other examples that will motivate you to start collecting quarters:

• 1932 S MS 66 sold for $45,500 in 2020
• 1949 D MS 68 sold for $43,475 in 2019
• 1932 MS 67 sold for $40,250 in 2012

Are Modern Washington Quarter Coins Worth Collecting?

By “modern quarter coins” we refer to all coins minted after 1964. Why is this even a question? Well, if you remember coins minted after 1964 are made from copper-nickel-clad material which is not as nearly valuable as 90% silver previously used.

After the transition, all new quarter coins lost their melt value, meaning that they will only always be worth their face value and nothing more if they don’t feature some specific error. Unfortunately, following the change of minting material, the mintage volume as well changed. With the cheaper production costs, more coins were produced which further lowered the value of these coins.

However, these quarter coins are still very popular among collectors, so it seems that investing in them is desirable. Hopefully, this article answered some of your questions about the 1986 Washington Quarters. Also, we hope it helped you figure out how to handle your precious coins and where you can look for them.

In case you know some information that we didn’t mention here, please do not hesitate to share your opinions and advice in the comment section below.

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