One of the most popular silver bullion products in the world is the American Silver Eagle. These coins feature depictions of some of America’s most remarkable symbols, namely Lady Liberty and the bald eagle. The Silver American Eagle Coin has been in production since 1986, and has quickly joined the likes of the Canadian Silver Maple Leaf as the world’s finest silver bullion products. Today, you can purchase a 2002 1 oz Silver American Eagle coin from Silver.com with an MS69 grade from the Numismatic Guaranty Corporation. An MS69 grade from the NGC indicates these coins have an attractive, sharp strike and no more than two blemishes.
- Contains 1 oz of .999 pure silver.
- Minted by the United States Mint
- Carries a $1 face value backed by the US government.
- Ships in an NGC slab.
- Graded a near-perfect MS69 by the NGC.
Congress authorized the creation of the Silver American Eagle when they passed the Liberty Coin Act of 1985. The first coins left the US Mint a year later in 1986. The bill authorized the US Mint and Treasury Department to use silver from the Defense National Stockpile to mint the coins and all proceeds were directed to the federal government. All coins are produced using only silver that is sourced within the United States. The program has been so popular that Congress authorized the extension of the program in 2002, paving the way for the Treasury Department to purchase more silver once current stockpiles are depleted.
On the obverse side of the coin is Adolph A. Weinman’s depiction of Walking Liberty. First featured on the Walk Liberty Half Dollar (1916-1947), Lady Liberty can be seen emerging from the rising sun with her right hand outstretched. Engravings include “Liberty,” “In God We Trust,” and the year of minting.
The reverse side of the 2002 1 oz Silver American Eagle is John Mercanti’s heraldic eagle. Mercanti was the US Mint’s chief engraver at the time the coin was first released, and designed an eagle set behind a shield. In one talon it clutches arrows, and in the other it holds an olive branch. Above its head are 13 stars, which represent the original American colonies. Engravings include “United States of America,” the face value, weight, purity, and metal content of the coin.
If you have questions about the 2002 1 oz Silver American Eagle Coin NGC MS69, don’t hesitate to contact a Silver.com associate at 888-989-7223. You can also reach a representative online using our live web chat feature.