Gold American Eagle coins were first introduced by the United States Mint in 1986. The coin program is the official gold bullion product of the United States, and is produced in bullion, proof, and burnished coins. The coins are offered in a 1 oz weight and three fractional weights. Today, Silver.com offers the 2002-W 1 oz Proof Gold American Eagle in perfect condition.
- Coin ships to you in a protective plastic slab courtesy of the PCGS.
- Seventeenth issue of Proof Gold American Eagles!
- Consists of One Troy ounce of actual gold weight.
- Face value of $50 (USD) fully backed by the US government.
- Issued a grade of PR70 by the Professional Coin Grading Service.
- Features a Deep-cameo finish.
- Obverse includes the Liberty design from Augustus Saint-Gaudens.
- Reverse features the image of a family of American bald eagles.
- Bears a “W” mint mark from the West Point Mint.
Proof coinage has a long history, but its purposes have changed in the modern era. Proof coins were once struck simply to check the quality of dies and the accuracy of coining presses. Additionally, those proofs were kept for the purposes of archiving coining activity. Today, proof coins are struck for collectors, with sharper rims and designs than bullion coins.
On the obverse side of each Gold American Eagle is Augustus Saint-Gaudens’ Lady Liberty image. On these coins, the image has been updated to feature 50 stars representing the current number of American states. Saint-Gaudens originally designed Lady Liberty in 1907.
The reverse side features a unique image created specifically for this coin program. Sculptor Miley Busiek’s depiction of a family of bald eagles was created in 1986, and is used only on Gold American Eagle coins.
Each 2002-W 1 oz Proof Gold American Eagle in this listing features a PR70 grade courtesy of the PCGS. Coins in this condition have their full, original mint luster and no blemishes of any kind on the surface. Deep-cameo describes a coin finish in which the design set appears to float above a clear background field.
The US Mint originally produced fractional-weight proofs at the Philadelphia Mint and the 1 oz coin at the West Point Mint, but since 1994 the West Point Mint has handled production of all weights in the proof version.
If you have any questions, please feel free to reach out to us. You can call a Silver.com associate at 888-989-7223, chat with us live online, or send your questions in an email. If you are interested in similar products, be sure to check out our full selection of Proof Gold American Eagles.