The 1986 P Washington Quarter is more than just a quarter; it’s a piece of history and a collectible treasure for numismatists. This article dives deep into the value of the 1986 P Washington Quarter, exploring its rarity, grading, and market pricing. Whether you’re a seasoned collector or a casual enthusiast, this guide provides valuable insights into the coin’s worth, helping you make informed decisions about your collection.
What is the 1986 P Washington Quarter?
The 1986 P Washington Quarter is a part of the Washington Quarter series, which began in 1932. Minted at the Philadelphia Mint, this coin features a detailed obverse portrait of George Washington, designed by John Flanagan. The reverse showcases an eagle, a symbol of American strength. This quarter is made of a clad composition, meaning it has a copper core and a nickel outer layer, which contributes to its durability and appeal.
As part of the 25-cent denomination, the 1986 P Washington Quarter represents not just currency but a significant aspect of American history. The mint mark “P,” indicating its production location at the Philadelphia Mint, provides essential information for collectors, as it distinguishes it from quarters minted in other locations, such as Denver or San Francisco.
What Determines the Value of the 1986 P Washington Quarter?
The value of the 1986 P Washington Quarter hinges on several factors, including its condition, rarity, and market demand. Coin grading plays a crucial role in determining its worth. Coins can range from “good” to “mint state” (MS), with higher grades attracting higher prices. For collectors, understanding the Sheldon coin grading scale is vital when assessing the coin’s condition.
Coin Grades and Corresponding Values
To provide a clearer picture, here’s a breakdown of the different conditions and their corresponding values typically associated with the 1986-P Washington Quarter:
- Good (G-4)
- Very Good (VG-8)
- Fine (F-12)
- Very Fine (VF-20)
- Extremely Fine (EF-40)
- About Uncirculated (AU-50)
- Uncirculated (MS-60)
- Uncirculated (MS-65): $14 or more
- Proof (PR-65)
Mintage and Rarity
Another factor influencing the 1986 quarter’s value is its mintage. The 1986 P Washington Quarter had a mintage of approximately 1.3 billion coins, making it relatively common compared to other years. However, specific conditions, such as uncirculated or proof versions, may fetch higher prices at auctions or through dealers.
What is the Current Market Value of the 1986 P Washington Quarter?
The current market value of the 1986 P Washington Quarter varies based on its condition and demand. Generally, circulated examples may sell for face value or slightly higher, while uncirculated specimens can command prices between $5 and $15. Specific auction results can sometimes exceed these estimates, especially for coins with unique characteristics or exceptional grades.
By understanding both the grading scale and current market trends, collectors and enthusiasts can make informed decisions when buying or selling these coins.
- 1984-S and 1984-D Quarters: These quarters came from the San Francisco and Denver mints, each offering a unique mint mark and potential variations in their appearance.
- 1985-S, 1985-D, and 1985-P Quarters: The San Francisco, Denver, and Philadelphia mints produced these coins, adding to the diversity and richness of the collection.
- 1987-P, 1987-D, and 1987-S Quarters: The production continued with these editions, each mint contributing its distinct touch with respective mint marks.
- 1988-P and 1988-D Quarters: Rounding out this collection are the Philadelphia and Denver versions from 1988, maintaining the array of choices for enthusiasts.
These various mintings across the mid-1980s showcase a range that collectors might pursue alongside the 1986 quarter, highlighting the rich history and subtle differences in each mint’s output.
Where Can You Buy or Sell the 1986 P Washington Quarter?
Collectors and enthusiasts can buy or sell the 1986 P Washington Quarter through various channels, including coin dealers, online marketplaces like eBay, and auction houses. Accurate Precious Metals stands out as a reputable dealer of precious metals and rare coins. Although they do not currently offer a place to store metal products, they are known for their quality service and knowledgeable staff.
When selling your coin, consider getting it graded by a professional service like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Company (NGC). Grading can significantly enhance your coin’s marketability and value, making it easier to find buyers willing to pay top dollar.
The 1986-P Washington Quarter has a diameter of 24.3 millimeters and weighs 5.67 grams.
How to Grade Your 1986 P Washington Quarter?
Grading your 1986 P Washington Quarter involves examining its physical condition using the Sheldon coin grading scale. The scale ranges from 1 (poor) to 70 (perfect). Look for signs of wear, scratches, or blemishes on the coin’s surface. A quarter in uncirculated condition with a high grade can be worth much more than one that shows signs of circulation.
For accurate grading, you can use resources such as the USA Coin Book or consult with a professional coin dealer. Many collectors find it helpful to compare their coins against high-quality images of graded coins to determine their grades accurately.
What is the Current Market Value of the 1986 P Washington Quarter?
The current market value of the 1986 P Washington Quarter varies based on its condition and demand. Generally, circulated examples may sell for face value or slightly higher, while uncirculated specimens can command prices between $5 and $15. Specific auction results can sometimes exceed these estimates, especially for coins with unique characteristics or exceptional grades.
To better understand the condition categories typically seen in sales listings, here’s a breakdown of the grading scale:
- Good (G-4): Coins that show significant wear, with major details worn nearly flat.
- Very Good (VG-8): Coins with moderately worn details, but major design elements still visible.
- Fine (F-12): Coins with considerable wear but all major features clear and bold.
- Very Fine (VF-20): Coins with light to moderate wear on high points, still retaining most details.
- Extremely Fine (EF-40): Coins showing slight wear on the highest points with nearly complete detail.
- About Uncirculated (AU-50): Coins with very minimal wear, mostly on the highest surfaces.
- Uncirculated (MS-60 to MS-65): Coins with no trace of wear, ranging from average to above-average strike and luster.
- Proof (PR-65): Specially minted coins with sharp details and mirror-like surfaces, produced in limited quantities.
This grading scale helps collectors and investors determine more accurately where a specific 1986 P Washington Quarter might fall in terms of value and condition, enhancing your ability to make informed decisions when buying or selling.
To provide a more detailed understanding, here are some examples of current listings:
- 1986-P Washington Quarter
- Price: $2.25
- Seller: mMm1901
- Condition: MS/Uncirculated
- 1986 NGC Graded MS-66 Washington Quarter
- Price: $18.95
- Seller: Falcon
- Condition: MS-66
- Certification Agency: NGC
- 1986-P Washington Quarter – ANACS GRADED MS66
- Price: $84.97
- Seller: MattsDiscountStuff
- Condition: MS66
- Certification Agency: ANACS
- 1986-P Washington Quarter, Great Folder Filler
- Price: $1.43
- Seller: Coinsarefun351
- Condition: Circulated – Good Condition
- Shipping: Free
- 1986-P Washington Quarter MS-64 (Near Gem)
- Price: $3.00
- Seller: atchisonbj
- Condition: MS-64 (Near GEM)
- 1986-P Brilliant Uncirculated Washington Quarter
- Price: $13.00
- Seller: stephen11
- Condition: Brilliant Uncirculated
These listings illustrate the variety in pricing and conditions available on the market. Collectors can find affordable circulated options or invest in premium, graded examples depending on their preferences and budget.
racking the Washington quarter value through reputable sources and auction results can help you gauge the market trends. As with any collectible, prices can fluctuate based on the economic climate and collector interest, so staying informed is crucial.
What Are the Common Errors Found in the 1986 P Washington Quarter?
Mint-made errors add an exciting dimension to coin collecting. While the 1986 P Washington Quarter does not have widely recognized errors, some collectors report finding coins with minor misstrikes or double dies. These errors can enhance a coin’s rarity and value, making them highly sought after by collectors.
For enthusiasts, keeping an eye out for these unique variations can lead to valuable discoveries. Engaging with online forums or coin shows can provide insights into the latest in error coins, and you might even uncover a rare find in your collection.
How to Clean and Preserve Your 1986 P Washington Quarter?
Proper cleaning and preservation practices are essential for maintaining the value of your 1986 P Washington Quarter. Avoid harsh chemicals or abrasive materials, as these can damage the coin’s surface and reduce its grade. Instead, use a soft cloth or a specialized coin-cleaning solution to remove dirt and grime.
Storing your coins in a controlled environment also plays a vital role in their preservation. Use acid-free holders or coin flips, and keep them away from humidity and direct sunlight. By taking care of your coins, you can ensure that their value remains intact for years to come.
Where to Find Resources for Coin Collecting?
Numerous resources exist to help both new and seasoned collectors learn about the 1986 P Washington Quarter and other coins. Online platforms like the USA Coin Book and various numismatic forums offer valuable information on grading, buying, and selling coins. Books on coin collecting, particularly those focused on Washington quarters, can also provide comprehensive insight and historical context.
Joining local coin clubs or attending coin shows can connect you with experienced collectors who share their knowledge and experiences. Networking in these communities can lead to valuable insights, tips, and even potential trade opportunities.
FAQs About the 1986 P Washington Quarter Coin
Is the 1986 P Washington Quarter made of silver?
No, the 1986 P Washington Quarter is not made of silver. It features a clad composition consisting of a copper core and a nickel outer layer. This composition was standard for quarters minted after 1965, replacing the earlier silver content.
What is the significance of the “P” mint mark?
The “P” mint mark on the 1986 P Washington Quarter indicates that the coin was minted at the Philadelphia Mint. This mark helps collectors identify the origin of the coin, which can influence its value and desirability in the market.
Can I find a rare 1986 P Washington Quarters in circulation?
While 1986 P Washington Quarters can be found in circulation, the likelihood of discovering a rare or high-grade specimen is low. Most coins that circulate tend to show signs of wear, reducing their value. For collectors, focusing on uncirculated or graded coins is often more rewarding.
How do I know if my 1986 P Washington Quarter is valuable?
To determine if your 1986 P Washington Quarter is valuable, assess its condition using the Sheldon grading scale. Additionally, research recent auction results and consult with reputable dealers or coin grading services. This process will help you estimate its market value.
What should I do if I have a valuable 1986 P Washington Quarter?
If you believe you have a valuable 1986 P Washington Quarter, consider getting it graded by a professional service. Grading can increase the coin’s marketability and value. After grading, you can explore selling options through dealers, auctions, or online platforms.
Key Takeaways
- The 1986 P Washington Quarter features a clad composition and was minted at the Philadelphia Mint.
- The coin value is determined by condition, rarity, and market demand.
- Grading your coin is critical for understanding its value and marketability.
- Resources like the USA Coin Book and online forums can enhance your coin-collecting knowledge.
- Proper cleaning and preservation help maintain your coin’s value over time.
Sources
- USA Coin Book. “1986 P Washington Quarter.” Retrieved from https://www.usacoinbook.com/
- Professional Coin Grading Service. “Coin Grading Standards.” Retrieved from https://www.pcgs.com
- Numismatic Guaranty Company. “How to Grade Coins.” Retrieved from https://www.ngccoin.com/
