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2002 1 oz American Silver Eagle BU

2002 1 oz American Silver Eagle BU

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$40.83

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Product Details
  • Product Details
  • Specifications
  • History
  • Sell Silver to Us
Product Details
The 16th issue from the annual American Silver Eagle program by the U.S. Mint displays one of the most popular and beloved designs in American coinage. Combined with its iconic design and .999 fine Silver content, further adds to its bullion appeal.

Coin Highlights:
  • Contains 1 oz of fine Silver.
  • Multiples of 20 are packaged in mint issued tubes. All other Silver Eagle coins will come in protective packaging.
  • Worldwide mintage of 10,539,026 coins.
  • Eligible for Precious Metals IRAs.
  • Obverse: Adolph A. Weinman’s design showing Lady Liberty draped in an American flag, walking gracefully as the sun rises over a ridge.
  • Reverse: A heraldic eagle is shown below 13 small stars, representing the original colonies.
  • Guaranteed and backed by the U.S. Mint.

Protect your American Silver Eagle with this clear plastic capsule or display it in style by adding an attractive presentation box or jewelry bezel to your order.

One of the most popular designs in American coinage, the Silver Eagle combines beauty with Silver bullion appeal. Add the 2002 Silver Eagle to your cart today!

History of the American Silver Eagle Program
The U.S. Mint attempted to establish selling Silver bullion in the 1970s and early 1980s to help reduce the Defense National Stockpile. The reasoning was that domestic needs exceeded that of strategic needs. Many refiners had actually opposed the plan due to concerns of diminishing the need of in-state mining and possible reduction of Silver spot at the time. Throughout the back-and-forth, the United States did end up selling-off large amounts of Silver (roughly 105 million troy ounces) but not as coin, as they had originally intended. When this happened, it did in fact cause the price of Silver to drop immediately. Many traders started unloading futures with the anticipation that price would fall, which it did. Over a span of several years and suspensions, it wasn’t until June 21, 1985, that the senate finally agreed to an amendment by a voice vote. The amended bill was signed by President Reagan on July 9, 1985. The bill, know as the “Liberty Coin Act” authorized the law of the American Silver Eagle program with an effective date of October 1, 1985, but came with stipulations that no coins may be struck or sold until September 1, 1986. Finally, after all of this, the first American Silver Eagle was released on November 24, 1986, which has gone on to become one of the most beloved, best-selling coins in the world.

The Design (1986 to 2021)
The obverse (front) of the coin was taken from the “Walking Liberty”, originally designed by Adolph A. Weinman, in 1916. The iconic design had already been a public favorite and one of the most beloved of any United States coinage of modern times which made it an instant favorite among collectors and enthusiasts once released. The reverse (back) was designed by John Mercanti that portrayed a heraldic eagle behind a shield the eagle holds a banner in its beak while grasping an olive branch in its right talon and arrows in its left, that echoes the Great Seal of the United States. Above the eagle and below the legend is thirteen five-pointed stars representing the original Thirteen Colonies.

Direct from the U.S. Mint
The U.S. Mint does not sell its bullion coins directly to the public. Instead, they distribute their coins to only a handful of authorized purchasers who then sell the coins to the public. As one of these authorized purchasers, APMEX is able to get coins directly from the U.S. Mint and pass them along to you, our customer.

NOTE: The coins you receive may exhibit some level of natural toning and/or oxidation such as spotting. This is a normal process that and can occur over time when exposed to hydrogen sulfide which is naturally occurring in the air.

4.7

24 Reviews

93% of reviewers recommend this product

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Posted By:Rich

From:New York

Date:Jul 22, 2020

Great coin. Good Value

Was this review helpful? Yes/ No

Great Coin, Brilliant. Good Value. Met my expectations for BU.


  • Pros
  • Value (low premium over spot)
  • Attractive Design
  • Collectible (lower mintage)
  • Easy to Sell
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:Chumlypage llc

From:Bethlehem pa

Date:Mar 23, 2019

Awesome thank you

Was this review helpful? Yes/ No

Awesome


  • Pros
  • Value (low premium over spot)
  • Cons
  • Common (higher mintage)
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:StevieD

From:Trenton, NY

Date:Apr 30, 2017

Professionals

Was this review helpful? Yes/ No

My Silver Eagle Collection is easily built with confidence through Apmex. They have yet to disappoint.


  • Pros
  • Value (low premium over spot)
  • Attractive Design
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:StevieD

From:Trenton, NY

Date:Apr 30, 2017

Professionals

Was this review helpful? Yes/ No

My Silver Eagle Collection is easily built with confidence through Apmex. They have yet to disappoint.


  • Pros
  • Value (low premium over spot)
  • Attractive Design
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:Rudy

From:Indiana

Date:Apr 29, 2017

Beautiful Coin

Was this review helpful? Yes/ No

I purchased a Silver Eagle for my grandson's birth year. I was extremely satisfied with the quality and appearance of a coin with a 2002 date. APMEX is competitive in pricing and satisfaction guaranteed. Web-site it easy to navigate and they accept most payment options.


  • Pros
  • Value (low premium over spot)
  • Attractive Design
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:Silver Bug

From:Mena, Arkansas

Date:Aug 5, 2016

Purchase of 2016 Eagles

Was this review helpful? Yes/ No

Wonderful service as always.


  • Pros
  • Value (low premium over spot)
  • Attractive Design
  • Collectible (lower mintage)
  • Easy to Sell
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:TM

From:VA

Date:Mar 10, 2016

Great quality!

Was this review helpful? Yes/ No

I won't single out any one purchased item. I have bought dozens of different items from APMEX, and am totally satisfied with each and every one!


  • Pros
  • Attractive Design
  • Collectible (lower mintage)
  • Easy to Sell
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:KC1st

From:Farmer City, Illinois

Date:Feb 17, 2016

Great coin

Was this review helpful? Yes/ No

A coin a year for my boys. Great start to saving/life.


  • Pros
  • Value (low premium over spot)
  • Attractive Design
  • Collectible (lower mintage)
  • Easy to Sell
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:KC1st

From:Farmer City, Illinois

Date:Feb 17, 2016

Beautiful coin

Was this review helpful? Yes/ No

Building a collection for my boys, an Eagle every year of their lives. Adds up fast.


  • Pros
  • Value (low premium over spot)
  • Attractive Design
  • Collectible (lower mintage)
  • Easy to Sell
  • Mint Condition
  • Recognized Brand
  • Bottom Line
  • Yes, I would recommend this to a friend.

Posted By:Jim M

From:Nebraska

Date:Feb 6, 2016

Just what I wanted

Was this review helpful? Yes/ No

I have always received every item I ordered and they were great.


  • Pros
  • Mint Condition
  • Bottom Line
  • Yes, I would recommend this to a friend.
Satisfaction Guaranteed

We provide all of our customers with a refund, return and / or exchange on everything we sell including all bullion and certified coins. If for any reason, you have a problem, please feel free to call us. We will always do our best to accommodate you.

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