2002-P Mississippi State Quarter Value What It’s Worth and Why Collectors Care

The 2002-P Mississippi State Quarter is worth between $0.25 and $1 in typical circulated condition, but well-preserved specimens graded MS-65 or higher can fetch $5 to $15 or more from serious collectors.

What Is the 2002-P Mississippi State Quarter?

The 2002-P Mississippi State Quarter was struck at the Philadelphia Mint as part of the U.S. Mint’s 50 State Quarters Program, which ran from 1999 to 2008. Mississippi was the 20th state featured in the series, and its quarter entered circulation in October 2002.

The reverse design shows magnolia blossoms — Mississippi’s state flower — along with the inscription “The Magnolia State.” It’s a clean, elegant design that many collectors find appealing.

If you’ve found one in your change or a drawer at home, you might be wondering what it’s actually worth. A coin identifier and value app can help you quickly assess condition and get a ballpark value without needing to visit a coin shop. Apps like CoinKnow make this process simple — just snap a photo and get instant results.

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How Much Is a 2002-P Mississippi Quarter Worth?

For most people, the honest answer is: face value to a few dollars. Billions of these quarters were minted, so circulated examples are extremely common.

That said, condition is everything in coin collecting. A quarter pulled from your pocket that shows heavy wear is worth exactly $0.25. The same coin, kept in pristine uncirculated condition since the day it was minted, is a different story.

Here’s a quick value breakdown based on grade:

Grade	Condition	Estimated Value
Circulated (G–VF)	Worn, from pocket change	$0.25
About Uncirculated (AU-50)	Minimal wear, light handling	$0.50 – $1.00
Mint State (MS-63)	Uncirculated, minor bag marks	$1.50 – $3.00
Mint State (MS-65)	Gem uncirculated	$5.00 – $10.00
Mint State (MS-67+)	Superb gem, top-pop examples	$15.00 – $50.00+

You can also explore certified mint state pricing data for comparable 2002-P State Quarters to get a sense of how the market moves for coins at various grade levels.

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Mintage Numbers and Why They Matter

The Philadelphia Mint produced approximately 290,600,000 2002-P Mississippi quarters — that’s nearly 291 million coins. High mintage generally means lower collector value because supply far outpaces demand.

Compare that to some early state quarters with lower mintages, and it’s easy to see why the Mississippi quarter sits at the lower end of the value spectrum for most grades.

However, high mintage doesn’t mean every coin is equal. Strike quality varied across production runs, and finding a gem-quality example with sharp details and lustrous surfaces still requires some luck or careful searching.

Collectors who complete full sets of State Quarters often seek Philadelphia-minted examples specifically, which keeps demand consistent even for common issues like this one.

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Error Coins and Special Varieties Worth More

Here’s where things get interesting. While standard 2002-P Mississippi quarters are common, error coins from this series can be worth significantly more — sometimes hundreds of dollars.

Known error types to watch for include:

Off-center strikes — where the design is shifted away from center. A 10–20% off-center error in nice condition might bring $20–$50.

Double die errors — showing doubling in the lettering or design elements. These are rare but collectible.

Wrong planchet errors — the coin was struck on a blank intended for a different denomination. These are extremely rare and can sell for $100 or more.

If you think your quarter looks unusual — the design is shifted, the lettering looks doubled, or the coin seems thinner or thicker than normal — it’s worth a closer look. Use CoinKnow to photograph and analyze your coin before making any decisions about selling or submitting for grading.

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Should You Get Your 2002-P Mississippi Quarter Graded?

Professional grading through services like PCGS or NGC adds authentication and a certified grade to your coin, which protects its value and makes it easier to sell.

For standard circulated examples, grading doesn’t make financial sense — the submission fees would far exceed the coin’s value. But if you have an uncirculated coin that appears to be MS-65 or better, or an error coin, professional grading could be worthwhile.

For a deeper look at current 2002 quarter values across all mint marks and grades, online resources can give you a solid foundation before spending money on professional grading.

CoinKnow is also a practical first step — it gives you an at-home condition assessment so you can decide whether a coin is worth the cost of formal submission.

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FAQ

Q: Is the 2002-P Mississippi State Quarter rare?
A: No, it is not rare. With nearly 291 million minted at Philadelphia, it’s one of the more common State Quarters in circulation. Most examples are worth face value unless in gem uncirculated condition.

Q: What does the “P” mean on a 2002 Mississippi quarter?
A: The “P” mintmark stands for the Philadelphia Mint, where the coin was produced. You’ll find it on the obverse (heads side) near Washington’s portrait. Quarters were also minted at Denver (D) in 2002.

Q: Can I find a 2002-P Mississippi quarter worth real money in my change?
A: It’s possible but unlikely. To have meaningful collector value beyond face value, a coin needs to be in uncirculated condition with no wear, scratches, or handling marks. Most quarters found in everyday change are too worn to command a premium.