The value of a 1902 one dollar coin, which is a Morgan Silver Dollar, depends heavily on several factors:
- Mint Mark: 1902 Morgan Dollars were minted in Philadelphia (no mint mark), New Orleans (O), and San Francisco (S). The mint mark significantly impacts the rarity and value.
- Condition (Grade): The condition of the coin is paramount to its value. Coins are graded on a scale, with “Uncirculated” (MS) coins, those that show no signs of wear, being the most valuable.
- Strike Quality: The sharpness and completeness of the coin’s design detail (how well it was struck during minting) can affect value, even within the same grade.
- Luster and Patina: Original luster and attractive toning (patina) can enhance a coin’s appeal and value.
Based on the information available:
- 1902 Philadelphia Mint (No Mint Mark):
– Circulated condition: $35 – $72.
– Uncirculated condition: Up to $27500.
– MS65 grade: Approximately $204.
– MS66 grade: Approximately $470.
– MS67 grade: Reportedly reached $46000 in past sales.
- 1902-O New Orleans Mint:
– Circulated condition: $46 – $63.
– Uncirculated condition: Up to $12500.
– MS65 grade: Approximately $240.
– MS66 grade: Approximately $470.
- 1902-S San Francisco Mint (Semi-Key Date):
– Circulated condition: $65 – $360.
– Uncirculated condition: Up to $100000.
– Considered a semi-key date, particularly in high grades.
– Prices are significantly higher for higher grades, for example, MS66 reached $8200 in past sales.
It is important to note that these are approximate values, and the actual price can vary depending on various factors. For an accurate valuation, it is recommended to consult a reputable coin dealer or have the coin professionally graded.
How much is a 1902 dollar coin worth?
Good point! According to the NGC Price Guide, as of August 2025, a Morgan Dollar from 1902 in circulated condition is worth between $45.50 and $63.
Is a 1902 coin worth anything?
Great question! According to the NGC Price Guide, as of August 2025, a Liberty Head Nickel from 1902 in circulated condition is worth between $1.50 and $100. However, on the open market 1902 Nickels in pristine, uncirculated condition sell for as much as $28500.
How do I know if my $1 coin is valuable?
From my experience, The best way to find the value of your dollar coins is with an appraisal online or in-person. Whether in-person or online, an appraisal can have an expert look at your dollar coins and tell you exactly how much they are worth and where their value is. The choice of appraisal is totally up to you and your convenience.