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1902 is not a rare date for Morgan dollars unless it was minted in San Francisco. Look on the back of the coin to see if there's a small mint mark letter above the DO in DOLLAR. It may be blank or there may be an O or S.

Numismedia lists the following approximate retail values as of 09/2010:

No mint mark (Philadelphia):

Very worn condition - $17

Moderately worn - $19

Slightly worn - $21

Almost no wear - $27

Uncirculated - $46 to $7,060 depending on quality

"O" mint mark (New Orleans):

Very worn - $17

Moderately worn - $19

Slightly worn - $21

Almost no wear - $23

Uncirculated - $34 to $8,310

"S" mint mark (San Francisco):

Very worn - $40

Moderately worn - $78

Slightly worn - $150

Almost no wear - $259

Uncirculated - $360 to $18,130

DISCLAIMER: The values quoted are the best available, but may vary due to market fluctuations. Also the wholesale (buying) price of a coin will be less than the selling (retail) price. A reputable coin dealer will be able to give a more accurate valuation based on inspection of the coin.

1902 is not a rare date for Morgan dollars unless it has an "S" mintmark on the back, just above the "DO" in DOLLAR.

With no mintmark or "O" mintmark : well-worn = $12 ... lightly worn = $15 .. uncirculated = $25 to $100

With "S" mintmark : well-worn = $40 ... lightly worn = $150-$200 .. uncirculated = $300 to $800

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13y ago
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14y ago

Please check again and post a new question. Silver dollars weren't minted from 1905 to 1920 inclusive.

If you have a U.S. $1 coin with that date it's a fake. If you have another denomination coin such as a half-dollar, or a bill from a private bank, please post a new question with more details.

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12y ago

Assuming the coin is circulated and has no mintmark, the 1902 Morgan dollar is a common date of the series. For an accurate assessment of value the coin needs to be seen and graded. Most coins of this type have seen heavy use and show a lot of wear. In general retail values for low grade coins are $31.00-$36.00, better grade are $37.00-$40.00 and coins showing almost no wear run from $41.00-$45.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched or have been cleaned have far less value if any to a collector or dealer

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14y ago

This is a very common date Morgan, and retail values are low at $15.00-$25.00 for circulated coins. With mint state coins at $30.00-$35.00

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Q: What is the value of a 1907 US Morgan silver dollar?
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