2002-W $1 West Point Silver Commemorative - BU

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Product ID: BST-000354CF0F

Specifications

Year 2002
Precious Metal Type Silver
Format Coin
Country of Origin United States
Brand/Mint U.S. Mint
Mint Mark W - West Point
Purity 0.9
Weight 0.7734 oz
Thickness (mm) 2.77 mm
Diameter (mm) 38.1 mm

Product Details

Overview of the 2002-W $1 West Point Silver Commemorative

The 2002-W West Point Silver Commemorative is a one-dollar silver coin issued by the United States Mint in recognition of the bicentennial of the United States Military Academy at West Point. Struck at the West Point Mint, the coin contains 0.7734 troy ounces of silver at .900 fine purity, meeting the standard specifications established for United States commemorative silver dollar coinage. It carries legal tender status as a federally issued one-dollar denomination, though its significance lies primarily in its commemorative identity rather than its face value.

This Brilliant Uncirculated example represents the non-proof release of the 2002-W commemorative program. BU commemoratives from this era are generally less commonly encountered than their proof counterparts, making them a recognized fixture among collectors of American commemorative coinage. We offer this coin as part of our broader inventory of United States Mint commemorative issues.

History and Background

The United States Military Academy was established at West Point, New York, in 1802, making 2002 its 200th anniversary. Congress authorized the issuance of

Overview of the 2002-W $1 West Point Silver Commemorative

The 2002-W West Point Silver Commemorative is a one-dollar silver coin issued by the United States Mint in recognition of the bicentennial of the United States Military Academy at West Point. Struck at the West Point Mint, the coin contains 0.7734 troy ounces of silver at .900 fine purity, meeting the standard specifications established for United States commemorative silver dollar coinage. It carries legal tender status as a federally issued one-dollar denomination, though its significance lies primarily in its commemorative identity rather than its face value.

This Brilliant Uncirculated example represents the non-proof release of the 2002-W commemorative program. BU commemoratives from this era are generally less commonly encountered than their proof counterparts, making them a recognized fixture among collectors of American commemorative coinage. We offer this coin as part of our broader inventory of United States Mint commemorative issues.

History and Background

The United States Military Academy was established at West Point, New York, in 1802, making 2002 its 200th anniversary. Congress authorized the issuance of a silver commemorative dollar to mark the occasion, with proceeds from surcharges on coin sales directed toward the West Point Association of Graduates. This type of congressionally authorized commemorative program has been a consistent feature of United States coinage since the modern era of commemoratives was revived in 1982.

The West Point Mint, identified by the "W" mintmark, has been a significant facility within the United States Mint system since it began striking coins in 1937. Originally a bullion storage facility for silver, it was elevated to full mint status in 1988 and has since become closely associated with high-quality commemorative and bullion coinage. The facility is best known for producing American Gold Eagles, American Silver Eagles, and a range of collector and commemorative issues, all held to a rigorous standard of production quality.

Design and Aesthetics

The obverse of the 2002-W West Point Silver Commemorative features a cadet in full dress uniform positioned beneath the iconic West Point arch. The design captures the formality and tradition that define the Academy's culture, with careful attention to the architectural detail of the gateway structure framing the central figure. The inscriptions "UNITED STATES OF AMERICA" and "LIBERTY" appear alongside the year of issue.

The reverse carries an eagle displayed with a shield, flanked by inscriptions identifying the coin as a one-dollar denomination and referencing the West Point Bicentennial. The composition reflects the heraldic imagery commonly employed in American commemorative coinage, giving the coin a formal visual identity consistent with its institutional subject. The BU finish delivers sharp relief and clean surfaces characteristic of uncirculated Mint production, without the frosted cameo contrast found on proof strikes.

Fractional Size and Accessibility

At 0.7734 troy ounces, this commemorative silver dollar contains slightly less than a full troy ounce of silver, which is a standard characteristic of United States commemorative silver dollar coinage rather than an unusual specification. The difference from one full troy ounce is modest, and the coin's pricing reflects its actual silver content alongside the numismatic premium associated with its commemorative status. Buyers focused purely on metal weight per dollar may find full-ounce bullion coins more straightforward, but for those whose interest extends to the historical and collector dimensions of the coin, the fractional weight is a secondary consideration.

Authenticity and Product Integrity

As a product of the United States Mint, this coin was produced under federal oversight to precise weight and purity tolerances. The .900 fine silver composition and 0.7734-ounce weight are specifications mandated by the authorizing legislation and verified through the Mint's production process. Coins bearing the "W" mintmark carry the institutional credibility of one of the most respected minting facilities in the world.

We are authorized dealers for both PCGS and NGC, which means we are positioned to assist customers seeking third-party certification for coins from this series. Raw commemorative dollars of this type are straightforward candidates for grading if a higher level of authentication or encapsulation is desired. Every product we handle is verified for authenticity before it is made available to customers.

Condition and Packaging

The BU, or Brilliant Uncirculated, designation indicates that this coin was produced for collector purposes and has not been placed into circulation. BU coins retain their original Mint luster and show no signs of wear, though minor contact marks or bag marks from the Mint's production and handling process may occasionally be present. This is a normal characteristic of uncirculated coins rather than a condition issue.

Individual coins ship in protective plastic flips to preserve their surfaces during transit. The 2002-W Silver Commemorative was originally issued by the United States Mint in a standard presentation package, and original government packaging may accompany coins that have been preserved in that format. When original packaging is present, we note that as part of the product condition. Buyers who prioritize original Mint presentation should confirm packaging details at the time of purchase.

Pricing and Market Factors

Pricing for the 2002-W West Point Silver Commemorative reflects both the current spot price of silver and the numismatic premium associated with the coin's commemorative status. The premium above spot on commemorative silver dollars is generally higher than on standard bullion coinage, driven by collector demand, limited original mintage, and the coin's historical significance rather than its silver content alone. These dynamics differ meaningfully from the pricing structure of coins issued primarily for bullion purposes.

Mintage figures for this issue were constrained by authorized limits established by Congress, which influences the supply side of the market. As collector interest in modern United States commemoratives continues to evolve, the premiums on individual issues can shift based on demand from type collectors, Academy-affiliated buyers, and broader commemorative series collectors. Our pricing reflects real-time market conditions and is structured around transparency rather than discretionary markups.

Selling and Liquidity

United States commemorative silver dollars occupy a well-defined segment of the secondary market, supported by a collector base that focuses on American commemorative coinage as a recognized collecting category. The 2002-W issue benefits from clear provenance, federal issuance, and a finite original mintage, all of which contribute to its recognizability in resale environments. Liquidity for individual commemorative issues can vary more than standard bullion coins, depending on current collector demand for the specific series or subject.

We operate a two-way market that supports both buying and selling, giving customers a direct channel for liquidating commemorative coins without relying solely on third-party auction platforms or secondary dealers. Understanding the bid-ask spread for a commemorative coin before purchasing helps set realistic expectations for the complete transaction, and we structure our pricing to make that relationship as transparent as possible.

Why Buy the 2002-W West Point Silver Commemorative?

This coin offers a direct connection to the bicentennial of one of the most recognized military institutions in American history. For collectors building sets of United States commemorative silver dollars, the 2002-W West Point issue is a necessary inclusion and holds a clear place within the broader commemorative series by subject and year. The BU finish provides an accessible entry point relative to the proof version for buyers who prioritize condition and luster without the added cost of proof production.

The combination of federal issuance, a historically meaningful subject, West Point Mint production, and a constrained original mintage gives this coin a profile that distinguishes it from generic silver bullion. For buyers interested in the commemorative category rather than purely weight-based silver accumulation, this coin represents a specific and well-documented piece of American numismatic history.

Why Buy from Bullion Standard?

We have been operating as a trusted precious metals dealer since 2010, and our approach has always been built around transparency, accurate pricing, and reliable fulfillment. Our A rating with the Better Business Bureau, membership in the American Numismatic Association, and membership in the National Coin and Bullion Association reflect a commitment to professional standards that extends across every transaction, including commemorative coin purchases where condition and authenticity carry added weight.

As authorized dealers for both PCGS and NGC, we are well-positioned to serve collectors who want coins they can trust and, if desired, have professionally graded. We support a two-way market that allows customers to sell back coins through the same platform where they purchase them, reducing the friction that often accompanies resale in the commemorative segment. Our goal is to give buyers the information and pricing clarity they need to make confident decisions without the pressure-based sales environment that has historically characterized parts of this industry.

Get Near-Spot Pricing with Bullion Standard Pro

Bullion Standard Pro gives members access to live, executable wholesale bid and ask pricing across a broad range of precious metals products, including commemorative silver. For collectors and buyers who want a clearer view of how premium levels and bid-ask spreads behave on coins like the 2002-W West Point issue, Pro provides historical premium data and proprietary analytics that help evaluate pricing in context rather than in isolation. Real-time portfolio valuation based on live wholesale bid prices allows members to track the current liquidation value of their holdings with greater accuracy than retail estimates typically provide.

The platform is designed to reduce the information asymmetry that has traditionally made it difficult for individual buyers to assess pricing efficiency across different product types. For commemorative silver specifically, where premiums can shift based on collector demand patterns that differ from standard bullion, access to objective market data and spread analysis provides a meaningful advantage when evaluating whether current pricing reflects fair market conditions.

Flexible and Secure Payment Options

We support a wide range of payment methods to make every transaction straightforward and secure. Customers can pay using major credit cards including Visa, Mastercard, American Express, and Discover, as well as PayPal, bank-connected payments through Plaid, wire transfer, paper check, and cryptocurrency via BitPay. Each payment option is processed through a secure environment designed to protect customer information at every step.

The flexibility to choose a payment method that fits your preferences is part of how we structure a buying experience that prioritizes convenience without compromising security. Whether you are completing a single commemorative purchase or building out a broader collection, the checkout process is designed to be efficient and transparent from start to finish.

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