The 1902 Barber quarters have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.
Specifications
Type: Barber Quarter
Year: 1902
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: .18084 oz.
Total Weight: 6.25 grams
Current Silver Bullion Value: $5.40
The US minted the 1902 quarter with no mint mark and also the 1902 O quarter and 1902 S quarter. The mint mark, when present, can be found on the reverse side of the coin below the eagle.
| Series | Location | Quantity Minted |
|---|---|---|
| 1902 | Philadelphia | 12,196,967 |
| 1902 O | New Orleans | 4,748,000 |
| 1902 S | San Francisco | 1,524,612 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $5.40. This melt value is calculated from the current silver spot price of $29.86 per ounce.
The 1902 quarter with no mint mark is worth around $12 in good condition. In very fine condition the value is around $45. In extremely fine condition the value is around $65. In uncirculated condition the price is around $250 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $375.
The 1902 O quarter is worth around $12 in good condition. In very fine condition the value is around $85. In extremely fine condition the value is around $150. In uncirculated condition the price is around $550 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,100.
The 1902 S quarter is worth around $15 in good condition. In very fine condition the value is around $100. In extremely fine condition the value is around $175. In uncirculated condition the price is around $600 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $950.
Proof coins with no mint mark are available and they are each valued at around $750 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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