How much is a 1902 quarter dollar worth?
The 1902 quarter dollar is a classic American coin that was first minted in 1892. It is made of 90% silver and 10% copper, and it weighs 6.25 grams. The obverse of the coin features a portrait of George Washington, and the reverse features an eagle landing on a rock.
The 1902 quarter dollar was a popular coin in its day, and it is still popular with collectors today. The value of a 1902 quarter dollar can vary depending on its condition and rarity. A coin in good condition can be worth around $5, while a coin in mint condition can be worth around $20 or more.
The 1902 quarter dollar is a beautiful and historic coin that is a great addition to any collection.
1902 quarter dollar value
The 1902 quarter dollar is a classic American coin that was first minted in 1892. It is made of 90% silver and 10% copper, and it weighs 6.25 grams. The obverse of the coin features a portrait of George Washington, and the reverse features an eagle landing on a rock.
- Silver content: 90%
- Copper content: 10%
- Weight: 6.25 grams
- Diameter: 24.3 mm
- Thickness: 1.95 mm
- Mintage: 112,232,500
The 1902 quarter dollar was a popular coin in its day, and it is still popular with collectors today. The value of a 1902 quarter dollar can vary depending on its condition and rarity. A coin in good condition can be worth around $5, while a coin in mint condition can be worth around $20 or more.
The 1902 quarter dollar is a beautiful and historic coin that is a great addition to any collection.
1. Silver content
The silver content of a coin is one of the most important factors in determining its value. The higher the silver content, the more valuable the coin will be. This is because silver is a precious metal that is in high demand by investors and collectors.
- Silver value: The price of silver fluctuates daily, so the value of a 1902 quarter dollar will also fluctuate. However, the silver content of the coin will always be the same, so it will always retain some value.
- Collector value: In addition to its silver value, a 1902 quarter dollar may also have collector value. This is because it is a relatively rare coin, and it is popular with collectors who specialize in American coins.
- Historical value: The 1902 quarter dollar is a piece of American history. It was minted during a time of great change in the United States, and it can provide a glimpse into the past.
- Investment value: The 1902 quarter dollar can also be a good investment. The value of silver is expected to continue to rise in the future, so the coin is likely to increase in value over time.
Overall, the silver content of a 1902 quarter dollar is a major factor in determining its value. The higher the silver content, the more valuable the coin will be. In addition to its silver value, the coin may also have collector value, historical value, and investment value.
2. Copper content
The copper content of a 1902 quarter dollar is 10%. This means that for every 100 grams of 1902 quarter dollars, 10 grams are copper. Copper is a relatively inexpensive metal, so it is often used in coins to reduce their cost. However, copper can also add value to a coin, especially if the coin is rare or in high demand.
In the case of the 1902 quarter dollar, the copper content does not add a significant amount of value to the coin. This is because the 1902 quarter dollar is a relatively common coin, and it is not in high demand. However, the copper content does help to give the coin its distinctive color and luster.
Overall, the copper content of a 1902 quarter dollar is a minor factor in determining its value. However, it is an important component of the coin's overall composition, and it helps to give the coin its unique appearance.
3. Weight
The weight of a 1902 quarter dollar is 6.25 grams. This is an important factor in determining the coin's value because it indicates the amount of silver that was used to make the coin. The higher the weight, the more silver the coin contains, and the more valuable it will be.
- Silver content: The silver content of a 1902 quarter dollar is 90%. This means that for every 100 grams of 1902 quarter dollars, 90 grams are silver. The weight of the coin can be used to calculate the amount of silver that it contains. For example, a 1902 quarter dollar that weighs 6.25 grams contains 5.625 grams of silver.
- Collector value: The weight of a 1902 quarter dollar can also affect its collector value. Collectors often prefer coins that are in good condition and that have a high weight. This is because heavier coins are less likely to have been damaged or circulated, and they are more likely to have a higher silver content.
- Investment value: The weight of a 1902 quarter dollar can also affect its investment value. Investors often prefer coins that have a high silver content and that are in good condition. This is because heavier coins are more likely to retain their value over time.
Overall, the weight of a 1902 quarter dollar is an important factor in determining its value. The higher the weight, the more silver the coin contains, and the more valuable it will be. Collectors and investors often prefer coins that are in good condition and that have a high weight.
4. Diameter
The diameter of a 1902 quarter dollar is 24.3 mm. This is an important factor in determining the coin's value because it indicates the size of the coin and the amount of metal that was used to make it. The larger the diameter, the more metal the coin contains, and the more valuable it will be.
The diameter of a 1902 quarter dollar can also affect its collector value. Collectors often prefer coins that are in good condition and that have a full diameter. This is because coins with a full diameter are less likely to have been damaged or circulated, and they are more likely to have a higher metal content.
Overall, the diameter of a 1902 quarter dollar is an important factor in determining its value. The larger the diameter, the more metal the coin contains, and the more valuable it will be. Collectors and investors often prefer coins that are in good condition and that have a full diameter.
5. Thickness
The thickness of a 1902 quarter dollar is 1.95 mm. This is an important factor in determining the coin's value because it indicates the amount of metal that was used to make the coin. The thicker the coin, the more metal it contains, and the more valuable it will be.
- Silver content: The silver content of a 1902 quarter dollar is 90%. This means that for every 100 grams of 1902 quarter dollars, 90 grams are silver. The thickness of the coin can be used to calculate the amount of silver that it contains. For example, a 1902 quarter dollar that is 1.95 mm thick contains 5.625 grams of silver.
- Collector value: The thickness of a 1902 quarter dollar can also affect its collector value. Collectors often prefer coins that are in good condition and that have a full thickness. This is because thicker coins are less likely to have been damaged or circulated, and they are more likely to have a higher silver content.
- Investment value: The thickness of a 1902 quarter dollar can also affect its investment value. Investors often prefer coins that have a high silver content and that are in good condition. This is because thicker coins are more likely to retain their value over time.
Overall, the thickness of a 1902 quarter dollar is an important factor in determining its value. The thicker the coin, the more metal it contains, and the more valuable it will be. Collectors and investors often prefer coins that are in good condition and that have a full thickness.
6. Mintage
The mintage of a coin refers to the number of coins that were produced in a particular year. The mintage of a 1902 quarter dollar is 112,232,500. This means that 112,232,500 1902 quarter dollars were produced in 1902.
- Rarity: The mintage of a coin can affect its rarity. The lower the mintage, the rarer the coin will be. This is because there are fewer coins available to collectors. The 1902 quarter dollar has a relatively high mintage, so it is not a rare coin.
- Value: The mintage of a coin can also affect its value. The lower the mintage, the more valuable the coin will be. This is because rare coins are more in demand by collectors. The 1902 quarter dollar has a relatively high mintage, so it is not a particularly valuable coin.
- Collector interest: The mintage of a coin can also affect collector interest. Collectors are often interested in coins that have a low mintage. This is because low mintage coins are more challenging to find. The 1902 quarter dollar has a relatively high mintage, so it is not a particularly popular coin with collectors.
- Investment potential: The mintage of a coin can also affect its investment potential. Investors are often interested in coins that have a low mintage. This is because low mintage coins are more likely to increase in value over time. The 1902 quarter dollar has a relatively high mintage, so it is not a particularly good investment.
Overall, the mintage of a coin is an important factor to consider when determining its value. The lower the mintage, the rarer the coin will be, and the more valuable it will be. The 1902 quarter dollar has a relatively high mintage, so it is not a particularly rare or valuable coin.
FAQs about 1902 quarter dollar value
This section provides answers to frequently asked questions (FAQs) about the value of 1902 quarter dollars. These questions cover common concerns and misconceptions surrounding the value of these coins, providing clear and informative responses to assist readers in understanding their worth.
Question 1: What factors determine the value of a 1902 quarter dollar?
The value of a 1902 quarter dollar is primarily determined by its condition, rarity, and silver content. Coins in better condition with fewer scratches or wear generally command higher prices. Rare varieties or errors can also increase the value significantly. Additionally, the silver content, which is 90% for 1902 quarters, contributes to their intrinsic value based on the current silver market price.
Question 2: How can I determine the condition of my 1902 quarter dollar?
To assess the condition of your coin, examine its surfaces for any signs of wear or damage. Look for scratches, nicks, or discoloration. You can also compare it to grading standards established by professional numismatic organizations to determine its grade, which ranges from Poor to Uncirculated.
Question 3: Are there any rare or valuable varieties of the 1902 quarter dollar?
Yes, there are a few rare and valuable varieties of the 1902 quarter dollar. The most notable is the 1902-S Barber quarter, minted in San Francisco, which has a significantly lower mintage than the regular 1902 quarter. Other varieties, such as those with repunched mintmarks or doubled dies, can also carry premiums.
Question 4: How much is a 1902 quarter dollar worth today?
The value of a 1902 quarter dollar varies depending on its condition and rarity. Common circulated coins in Good condition can be worth around $5-$10, while Uncirculated coins can fetch hundreds or even thousands of dollars. Rare varieties, such as the 1902-S Barber quarter, can command even higher premiums.
Question 5: Where can I sell my 1902 quarter dollar for a fair price?
There are several options for selling your 1902 quarter dollar. You can sell it to a local coin dealer, participate in online coin auctions, or list it for sale on reputable coin marketplaces. It's important to research and compare prices from different sources to ensure you get a fair deal.
Remember, the value of a 1902 quarter dollar can fluctuate over time based on market conditions and the availability of specific varieties. It's always recommended to consult with reputable coin experts or consult reliable coin price guides for the most up-to-date and accurate valuations.
Transition to the next article section: This concludes the frequently asked questions about the value of 1902 quarter dollars. For further information on coin collecting, grading, or market trends, please explore the additional resources available on our website.
Conclusion
In conclusion, the value of a 1902 quarter dollar is influenced by various factors including its condition, rarity, and silver content. While common circulated coins may hold a modest value, rare varieties and those in exceptional condition can command substantial premiums. Understanding these factors and staying informed about market trends can help collectors and investors make informed decisions when buying or selling 1902 quarter dollars.
The 1902 quarter dollar serves as a tangible piece of American history, representing a time of significant economic and social change. Its intrinsic value and potential numismatic significance make it a captivating collectible for enthusiasts and investors alike. Whether you are an experienced collector or just starting your journey, exploring the world of 1902 quarter dollars offers a rewarding and educational experience.
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