The 1902 Barber half dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.
Specifications
Type: Barber Half Dollar
Year: 1902
Face Value: $0.50
Composition: 90% silver, 10% copper
Silver Weight: .36169 oz.
Total Weight: 12.50 grams
Current Silver Bullion Value: $11.07
The US minted the 1902 half dollar with no mint mark and also the 1902 O half dollar and 1902 S half dollar. The mint mark, when present, can be found on the reverse side of the coin below the eagle.
| Series | Location | Quantity Minted |
|---|---|---|
| 1902 | Philadelphia | 4,922,000 |
| 1902 O | New Orleans | 2,526,000 |
| 1902 S | San Francisco | 1,460,670 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $11.07. This melt value is calculated from the current silver spot price of $30.61 per ounce.
The 1902 half dollar with no mint mark is worth around $23 in good condition. In very fine condition the value is around $165. In extremely fine condition the value is around $250. In uncirculated condition the price is around $700 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,000.
The 1902 O half dollar is worth around $23 in good condition. In very fine condition the value is around $175. In extremely fine condition the value is around $300. In uncirculated condition the price is around $1,100 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $2,000.
The 1902 S half dollar is worth around $28 in good condition. In very fine condition the value is around $275. In extremely fine condition the value is around $500. In uncirculated condition the price is around $1,650 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $3,000.
Proof coins with no mint mark are available and they are each valued at around $1,100 in PR 63 condition. There were only 777 proof coins minted.
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Grading System
Good- The date and the inscriptions are readable. The word "LIBERTY" inscribed on Liberty's headband has been completely worn off.
Very fine- The word "LIBERTY" inscribed on Liberty's headband is visible but plain.
Extremely fine- The word "LIBERTY" inscribed on Liberty's headband is sharp. The edges on Liberty's headband are distinct.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
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