The 1902 Barber half dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.

1902 Half Dollar

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: $11.18

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 $11.18. This melt value is calculated from the current silver spot price of $30.91 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.

 

Sources:

The Red Book


See also:

1903 Half Dollar
1901 Half Dollar
1900 Half Dollar