Why the 2002 Ohio State Quarter Could Be Worth $50,000

Why the 2002 Ohio State Quarter Could Be Worth $50,000: The 2002 Ohio State Quarter is part of America’s 50 State Quarters program, which was designed to honor Ohio’s contributions to aviation and space exploration. The design of this quarter is dedicated to the great people of Ohio who revolutionized the world of aviation and space.

While most quarters hold a par value of just 25 cents, some special editions and rare circumstances can be worth up to $50,000. Let’s take a closer look at this coin’s value, rare editions, and the features that make it so valuable.

Design and Historical Significance of the 2002 Ohio State Quarter

Issued in 2002, the quarter depicts an astronaut and a biplane on the reverse side, signifying Ohio’s significant contributions to aviation and space exploration.

The design pays tribute to great astronauts like Neil Armstrong (the first man to walk on the moon) and John Glenn (America’s first astronaut). Also, the Wright Brothers (who were the first pioneers to fly airplanes) were also from Ohio.

The following words are written on the reverse of the coin:

Ohio 1803 – Birthplace of Aviation Pioneers – 2002 – E Pluribus Unum

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Factors Affecting the Price of the 2002 Ohio State Quarter

The price of each coin depends on many factors. The following are important in determining the price of the 2002 Ohio State Quarter:

Condition (Grade) of the Coin
- If a coin is extremely clean, uncirculated and of high grade (MS69 or above), then its price can be several times more than the normal coins.
Mint Mark
- A mintmark refers to an inscribed identification of the mint at which the coin was struck. Ohio State Quarters have support for three types of mint marks:
  - ‘P’ – Philadelphia Mint
  - ‘D’ – Denver Mint
  - ‘S’ – San Francisco Mint (for Proof versions only)
Coin Rarity and Errors
- If a coin has double-strikes, off-center strikes, or other rare errors, it can be worth thousands of dollars.

High-Value Versions of the 2002 Ohio State Quarter

1. Silver Proof Version

The US Mint issued special proof quarters made of a 90% silver and 10% copper mixture in 2002. These coins are more valuable than the normal copper-nickel quarters.
These coins have an ‘S’ mint mark and can range in price from $5 to $10.

Feature	Details
Composition	90% Silver, 10% Copper
Mint Mark	‘S’ (San Francisco)
Mintage Numbers	Approximately 888,826
Estimated Value	$5 – $10

2. High-Grade Uncirculated Coins

Mint State 69 grading means that a mint condition coin tends to be priced in the big bucks category.

For example, it sold for $495 at auction for the 2002-P quarter, and the one bidding for a 2002-D quarter will bid up to 3,525 dollars.

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Mint Mark	Grade	Estimated Value
‘P’	MS69	Up to $495
‘D’	MS69	Up to $3,525

3. Double-Strike Error

This error occurs when a coin is minted more than once, whereby the design overlaps a little bit in the second strike.
Coins with such errors can be worth up to $1,000.

Mint Mark	Error Type	Estimated Value
‘P’	Double-Strike	Up to $1,000

2002 Ohio State Quarter Value Estimates Based on Condition

Grade	Estimated Value
Good (G-4)	$0.30 – $0.40
Very Fine (VF-20)	$0.50 – $0.75
Extremely Fine (EF-40)	$0.75 – $1.00
About Uncirculated (AU-50)	$1.00 – $1.50
Mint State (MS-60)	$1.50 – $2.00
Mint State 69 (MS69)	$495 – $3,525

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Conclusion

Although most of the 2002 Ohio State Quarters are worth just about 25 cents, special editions, error coins, and high-end quarters are worth anywhere from hundreds to thousands of dollars. If you have this coin, check it for condition, mint mark, and errors. If it is one of the rarer editions, this could be your chance to get a big buck.