2002-P $1 SLC Winter Olym Silver Commemorative - BU

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Product ID: BST-000356A6B6

Specifications

Year 2002
Precious Metal Type Silver
Format Coin
Country of Origin United States
Brand/Mint U.S. Mint
Mint Mark P - Philadelphia
Purity 0.9
Weight 0.7734 oz
Diameter (mm) 38.1 mm
Grade BU

Product Details

Overview of the 2002-P $1 SLC Winter Olympics Silver Commemorative

The 2002-P $1 SLC Winter Olympics Silver Commemorative is a legal tender coin issued by the United States Mint, struck at the Philadelphia Mint facility and released in conjunction with the 2002 Salt Lake City Winter Olympic Games. The coin carries a face value of one dollar and is composed of .900 fine silver with a total weight of 0.7734 troy ounces, placing it within the standard specifications established for United States commemorative silver dollars. It is offered here in Brilliant Uncirculated condition, reflecting a production standard consistent with collector-grade commemorative coinage.

We carry this coin as part of our broader selection of United States Mint commemoratives, a category that draws both numismatic collectors and silver buyers who appreciate government-issued pieces with documented historical significance. The coin occupies a distinct space in the market, combining the credibility of a federally authorized issue with the cultural relevance of one of the most prominent Winter Games hosted on American soil.

History and Background

The 2002 Salt Lake City Winter Olympic Games marked a signif

Overview of the 2002-P $1 SLC Winter Olympics Silver Commemorative

The 2002-P $1 SLC Winter Olympics Silver Commemorative is a legal tender coin issued by the United States Mint, struck at the Philadelphia Mint facility and released in conjunction with the 2002 Salt Lake City Winter Olympic Games. The coin carries a face value of one dollar and is composed of .900 fine silver with a total weight of 0.7734 troy ounces, placing it within the standard specifications established for United States commemorative silver dollars. It is offered here in Brilliant Uncirculated condition, reflecting a production standard consistent with collector-grade commemorative coinage.

We carry this coin as part of our broader selection of United States Mint commemoratives, a category that draws both numismatic collectors and silver buyers who appreciate government-issued pieces with documented historical significance. The coin occupies a distinct space in the market, combining the credibility of a federally authorized issue with the cultural relevance of one of the most prominent Winter Games hosted on American soil.

History and Background

The 2002 Salt Lake City Winter Olympic Games marked a significant moment in American sports history, being the first Winter Games held in the United States since the 1980 Lake Placid Games. Congress authorized a series of commemorative coins to celebrate the event, with the silver dollar serving as the centerpiece of that program. These coins were part of a broader tradition in which the United States Mint has issued commemorative pieces tied to major national and international events since the late 19th century.

The Philadelphia Mint, one of the oldest operating mints in the world and the first established under the Coinage Act of 1792, struck this commemorative. Philadelphia has long been associated with high-quality proof and uncirculated commemorative production, and its "P" mint mark on this coin serves as a direct reference to that heritage. Proceeds from the sale of these commemoratives, as with many congressionally authorized issues, were directed toward the United States Olympic Committee and related programs supporting American athletes.

Design and Aesthetics

The obverse of this coin features imagery associated with the Winter Olympic Games, specifically evoking the athletic spirit and the natural landscape of the Salt Lake region. The design incorporates classic Olympic-themed imagery alongside inscriptions identifying the denomination, the issuing country, and the year of issue. The composition reflects the artistic conventions typical of United States commemorative coins of this era, which emphasized clean, symbolic design over decorative complexity.

The reverse complements the obverse with additional thematic elements tied to the Salt Lake City Games, balanced by standard inscriptions including "E PLURIBUS UNUM" and other federally mandated legends. The Brilliant Uncirculated finish gives the coin a sharp, well-defined appearance across both faces, with detail that reads clearly under direct light. The overall aesthetic is consistent with what collectors expect from Philadelphia Mint commemorative production of the early 2000s.

Fractional Size and Accessibility

At 0.7734 troy ounces of .900 fine silver, this coin falls just under the full one-ounce threshold common to many sovereign silver products. This weight reflects the long-established United States Mint standard for silver dollar commemoratives rather than a fractional collectible format, so buyers familiar with American commemorative coinage will recognize it immediately. The slightly sub-ounce weight is a function of its minting specification rather than a design compromise.

The accessible size makes the coin straightforward to store, display, or handle individually without the logistical considerations associated with larger bars or multi-coin sets. For buyers who want a tangible silver piece tied to a specific historical moment, the format is well suited to that purpose.

Authenticity and Product Integrity

As a product of the United States Mint, this coin was produced under federal oversight with strict adherence to weight and purity standards established by congressional authorization. Each coin struck for the 2002 Olympic commemorative program was manufactured to contain 0.7734 troy ounces of .900 fine silver, a specification that is consistent across the entire authorized mintage. The "P" mint mark confirms its origin at the Philadelphia Mint, one of the most closely monitored production facilities in American coinage history.

We are authorized dealers for both PCGS and NGC, which positions us well to support customers who wish to have their coins professionally graded and encapsulated beyond the standard BU condition. Every coin in our inventory is verified before it reaches the customer, and our sourcing reflects our broader commitment to carrying authentic, accurately described products from recognized government mints.

Condition and Packaging

Brilliant Uncirculated condition indicates that this coin was produced for collectors rather than general circulation. BU coins exhibit full luster and sharp strike detail, with no wear from handling in commerce. Minor contact marks or bag marks may be present as a natural byproduct of the mint production and packaging process, which is considered normal and acceptable within the BU grade range.

Individual coins ship in a protective plastic flip to preserve their condition during transit. When purchasing in tube quantities, coins are delivered in their standard mint tube. Buyers acquiring larger quantities can expect sealed box packaging consistent with how the United States Mint packages commemorative issues for wholesale and collector distribution. If you have specific packaging questions before placing an order, our team is available to assist.

Pricing and Market Factors

Pricing for this coin reflects the current spot price of silver as its foundation, with a premium applied above that baseline. The premium on commemorative issues like this one is influenced by several factors beyond metal content alone, including the authorized mintage limit, the historical significance of the underlying event, the issuing authority, and overall collector demand within the secondary market. United States Mint commemoratives generally carry higher premiums than generic silver rounds precisely because they represent finite, congressionally authorized productions tied to specific events.

Our pricing is structured to reflect real-time market conditions rather than fixed retail markups that remain static regardless of spot movement. The bid/ask spread displayed on our product page gives buyers a transparent view of both the acquisition cost and the current resale context, which we believe is essential information for any informed purchasing decision.

Selling and Liquidity

United States Mint silver commemoratives trade within an active collector and secondary market, with demand driven by both the numismatic community and buyers seeking silver with a documented historical narrative. The 2002 SLC Winter Olympics coin is widely recognized within that market, and its federal authorization, standardized weight, and established purity provide a clear point of reference for resale purposes.

We operate within a two-way market, meaning customers can both purchase and sell precious metals within the same platform. Having access to competitive buyback pricing before a purchase is made gives buyers a clearer picture of the full transaction, not just the initial acquisition cost. Our two-way model is built around the idea that liquidity should be part of the conversation from the start.

Why Buy the 2002-P $1 SLC Winter Olympics Silver Commemorative?

This coin offers a combination of characteristics that distinguishes it from generic silver rounds or standard bullion coins. It is a congressionally authorized legal tender issue produced by the United States Mint, tied directly to the 2002 Salt Lake City Winter Olympic Games. That specificity matters to collectors who want silver with provenance and a documented place in American numismatic history rather than a generic piece valued purely by weight.

The Brilliant Uncirculated condition preserves the coin's visual and collectible integrity, and the Philadelphia Mint's production standards ensure a well-struck piece. For buyers who want to combine the tangibility of physical silver with the documentary significance of a government-issued commemorative, this coin makes a clear and practical case for itself without requiring additional justification.

Why Buy from Bullion Standard?

We have been operating in the physical precious metals market since 2010, and our approach has remained consistent: transparent pricing, authentic products, and a customer experience built around long-term trust rather than high-pressure sales tactics. Our A rating with the Better Business Bureau, membership in both the American Numismatic Association and the National Coin and Bullion Association, and our authorized dealer status with PCGS and NGC reflect the standards we hold ourselves to across every product category we carry.

Every coin we sell is verified for authenticity, weight, and purity. Our platform is designed to give buyers the information they need to make confident decisions, including real-time pricing, transparent bid/ask spreads, and access to our two-way buy/sell marketplace. We believe customers are better served by a straightforward, data-supported experience than by one built around marketing claims, and that philosophy is reflected throughout everything we do.

Get Near-Spot Pricing with Bullion Standard Pro

Bullion Standard Pro gives members access to live, executable wholesale bid and ask pricing across a wide range of precious metals products, including commemorative issues like this one. Rather than relying on indicative or estimated prices, Pro members transact at real-time wholesale market pricing with no additional dealer markups applied on top. This level of pricing transparency is especially relevant for commemorative coins, where premiums can fluctuate based on collector demand, market activity, and secondary market conditions that are not always visible from spot prices alone.

Pro members also benefit from real-time portfolio valuation using current wholesale bid pricing, proprietary premium analysis, and product comparison tools that allow coins to be evaluated against the broader market using objective data. For buyers who want a clearer picture of how a specific commemorative coin fits within the pricing landscape before committing to a purchase, these tools provide a level of analytical depth that is not typically available through traditional retail channels.

Flexible and Secure Payment Options

We support a broad range of payment methods to make every transaction as convenient and secure as possible. Buyers can complete purchases using Visa, Mastercard, American Express, or Discover, as well as PayPal, bank-connected payments through Plaid, wire transfer, paper check, or cryptocurrency via BitPay. Each payment channel is handled with the same commitment to security and reliability that defines the rest of our platform.

Whether you prefer the speed of a wire transfer for a larger purchase or the flexibility of a credit card for a single coin, the process is designed to be straightforward from checkout through fulfillment. Our team is available to assist with any questions about payment methods or order processing before or after your purchase is placed.

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