Talking about history, then we will talk about the ancient past. Currently, something ancient is not much in demand because it is not modern and is left behind by the times. However, for lovers of antiques and uniqueness, something ancient even has more value when compared to new.
One example is the 1998 quarter value which is very fantastic at this time because it is sought after by collectors of unique items.
Composition From 1998 Quarter
Before we discuss the 1998 quarter value, we need to know what the 1998 quarter looks like and what composition is used to make the currency. The Washington standard quarter is made of a layered composition, which is made of materials containing nickel and copper.
In 1998 S minted several currencies such as the 1998 P quarter, 1998 D quarter, 1998 S proof silver quarter, and S proof quarter. This coin has more details when compared to other coins, so for the time to print it takes a long time. take longer to produce.
In addition, this type of coin is also made specifically for collectors so it will be difficult to find the money. The harder it is to find the coins usually have a high enough value.
What Is The 1998 Quarter Value?
Many have asked about the 1998 quarter value. As for determining the value, we cannot determine it specifically, because usually, the size of the value depends on the condition of the item and the level of scarcity of the item.
In addition, the size of the value of the 1998 quarter is also influenced by the severity of the defect of the currency. Some of the existing values include:
- 1998 quarter circulated
For the 1998 quarter value for the condition of the money in circulation only has a value of $ 0.25, where the money has a high value if the coin is not circulated to the general public.
- 1998 uncirculated quarter value
For 1998 the quarter that is not circulated to the public had a different value from the coins that were circulated. The rarer an item is, the greater the selling value, this also applies to coins that are less circulated, the rarer their existence, the rarer their existence, the higher the value.
Therefore, the value from the 1998 quarter that is not circulated is quite high at $7 with a minimum grade of MS 65.
Factors Affecting 1998 Quarter Value
Many factors affect the 1998 quarter value which has different values. Some several factors or parameters can be used to determine the value of this ancient money, including:
- Item rarity rate
The main factor that can affect the 1998 quarter value is seen from the level of scarcity of goods. The rarer the item, the greater its value. The scarcity is usually caused by the currency not being circulated for some reason.
Scarcity due to not circulating the currency can cause the currency to have a fantastic value when compared to its nominal price.
- Demand rate
Apart from being seen from the level of rarity, the size of the value from the 1998 quarter depends on the level of demand. The greater the level of demand for an item, the higher the value of the currency will be. Usually, the level of demand will be proportional to the level of scarcity, the more demand, the rarer the item, and this is what makes the item has a fantastic value.
- Bid rate
The level of supply is usually proportional to the level of demand, the more the level of supply and demand, the greater the value of the currency.
- Obsolescence rate
Another factor that also affects the 1998 quarter value is the level of obsolescence, the better the condition of the coin, the higher the price. So if we have a currency with a high level of scarcity but its condition is outdated, it can affect the value of that currency. Because if the currency is obsolete, it is usually rare to find it for collection.
- Degree of disability
The last factor that affects the value of a currency is its level of deformity. The bigger and more defects, the higher the value of the currency. Some of the defects that usually occur in the process of making ancient coins include:
- Images that stand out too much
The existence of an image that is too prominent than it should usually occurs due to double printing. The level of this defect is quite fatal, so for this error money usually fails to be disseminated or circulated, money of this type currently has a very fantastic price.
- Presence of unprinted images
Subsequent defects can be caused by the presence of unprinted images. This causes the image to become invisible on the surface of the coin, this of course will produce coins with different results. This error is also fatal, causing this currency to not be circulated to the public at large. So it has a high value.
Several Parameters to Determine the 1998 Quarter Value
Many people think that all ancient money has a high value, it’s just that this assumption is wrong. Because to get a high price there are several assessment parameters.
There are several parameters for assessing the value of the ancient currency, which are divided into several categories. Some of these categories include:
Is a parameter used to determine the size of the value of the currency? Where this assessment is given for goods in a fairly bad condition. Coins with this rating have a very outdated condition so it is difficult to identify, usually, for this condition, the money will be valued at a small price according to the nominal value of the original money.
This condition is a condition where the money is very old, what distinguishes it from the previous parameter is that the current condition of the money can still be identified so that it is quite clear that some of the uniqueness of the money is clear. It’s just that for this condition the money is no longer shiny, so it does not attract the attention of collectors. So the selling price of this money has a price that is not too high.
Is an assessment parameter where for this condition money is still quite good although the condition of the money is also quite outdated. The level of obsolescence of the money causes most of the surface of the coin to be flat and smooth, but in this condition, some elements of the money are still safe. For this parameter, usually, money will be paid at a fairly high price but has not reached a fantastic figure.
The AU-50 valuation parameter has a condition where the level of obsolescence on the money is very small. It’s just that there are some elements or elements in the money that are slightly weathered but do not change the initial appearance of the coin so for this assessment, it has a higher value when compared to the previous ones.
The next assessment parameter is MS-60. MS-60 is used for money in the category of not being circulated at all so the money is very rare. In addition, the obsolescence condition of the money is quite small, it’s just that there are still a few scratches so the money doesn’t shine perfectly.
The next parameter of money valuation is the condition in which the money is not circulated at all. It’s just that for this condition the money has a perfect shine because there are no visible scratches. So for this condition, the 1998 quarter value has a premium price and is fantastic.
In addition to the parameters of the money valuation above, there is also an MS-70 assessment where for this assessment the condition of the money is still very good, like money that is still newly minted. This condition can be said to be the perfect condition to be used as a collection of unique and antique items for collectors.
The condition of the money for this assessment parameter does not get the slightest scratch even though it has been magnified 8 times.
There are many more parameters that are used to provide an assessment of the selling price and buying price of ancient money. However, the parameters above are parameters that are often used to categorize several assessments from the worst to the best.
Yes, that’s some information that we can convey about the 1998 quarter value, where the value of an ancient coin is not only based on whether or not the currency is in circulation, but is based on several factors and parameters above. Hopefully, this article can be useful for readers, especially for those of you who have ancient money deposits, so we need to check it to find out whether the money we have has a fantastic price or not. I hope you are one of the lucky ones and Good luck!
Learn About the Other Quarters Here:
1940 Quarter | 1964 Quarter | 1966 Quarter
1969 Quarter | 1974 Quarter | 1977 Quarter
1978 Quarter | 1979 Quarter | 1980 Quarter
1983 Quarter | 1984 Quarter | 1946 Quarter
1961 Quarter | 1968 Quarter | 1965 Quarter
1967 Quarter | 1988 Quarter | 1953 Quarter
1998 Quarter | 1970 Quarter | 1981 Quarter
1776 to 1976 Quarter