The standard 2002 Mississippi state quarters are made of a clad composition that contains 75% copper and 25% nickel. Clad proof quarters and silver proof quarters were also minted and they sell for more money. Keep reading to learn more about these coins.

2002 Mississippi Quarter

Design

On the reverse side of the coin there is an image of a magnolia, which is the state flower. On this design you can clearly see the blossoms and the leaves of this beautiful flower. Above the flower there is the inscription "The Magnolia State".

The year 1817 is inscribed on the coin because this was the year that Mississippi officially joined the union.

Coin Information

The US minted different series of the Mississippi quarter. There is the 2002 P quarter, 2002 D quarter, 2002 S proof quarter and 2002 S silver proof quarter.

Proof coins are essentially coins that have more detail. They are minted on special planchets and it takes longer to produce them. They are specifically made for collectors so you won't find any in your spare change.

Note: The mint mark can be found on the obverse side of each coin under the "IN GOD WE TRUST" motto.

Series Location Quantity Minted
2002 P Philadelphia 290,000,000
2002 D Denver 289,600,000
2002 S Proof San Francisco 3,084,245
2002 S Silver Proof San Francisco 892,229

Value

The value will depend on the series and the coin's condition. Below we will examine the value for each series.

Clad Quarters

The standard 2002 Mississippi clad quarters in circulated condition are only worth their face value of $0.25. These coins only sell for a premium in the higher condition grades.

Both the 2002 P Mississippi quarter and 2002 D Mississippi quarter are each worth around $0.35 in about uncirculated condition. The value is around $1 in uncirculated condition with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $1.50.

The 2002 S proof Mississippi quarter is worth around $3 in PR 65 condition.

Silver Proof Quarter

This coin is worth at least its weight in silver. The silver melt value for this coin is $3.26 as of January 19, 2020. This melt value is calculated from the current silver spot price of $18.00 per ounce.

The 2002 S silver proof Mississippi quarter is worth around $8 in PR 65 condition.

Grading System

About uncirculated- There is a slight trace of wear on the high points of the design. Half of the coin's mint luster is still intact.

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.

MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.

PR 65 proof- There are no flaws to this coin. A few blemishes may be present.

 

Sources:

The Red Book


See also:

2002 Indiana Quarter
2002 Louisiana Quarter
2002 Ohio Quarter
2002 Tennessee Quarter