2 oz Silver Libertad 2002: Value & How to Sell
The 2 oz Silver Libertad 2002: Value & How to Sell is worth between $2,100 and $2,300 MXN depending on its grade of preservation.
Prices updated: August 2026
New Series die · Pure silver .999
New Series die · Pure silver .999
Design
Banxico
Reverse
Winged Victory (Angel of Independence) before the Popocatepetl and Iztaccihuatl volcanoes. Inscription "2 ONZAS TROY DE PLATA PURA".
Obverse
Mexican National Coat of Arms surrounded by historical eagles and elements from the Codex Mendoza. Inscription "ESTADOS UNIDOS MEXICANOS".
The 2 oz Silver Libertad 2002: Value & How to Sell is worth between $2,100 and $2,300 MXN depending on its grade of preservation.
Prices updated: August 2026
How much is the 2 onzas 2 oz Silver Libertad 2002: Value & How to Sell worth?
The estimated value of the 2 onzas 2 oz Silver Libertad 2002: Value & How to Sell ranges from $2,100 (circulated, XF) up to $2,300 (official blister pack), with $2,227 as a reference for an uncirculated (UNC) piece. The estimate is based on the official mintage and the historical behavior of the family.
The real price depends on four factors: the grade of preservation (a circulated piece is worth the low end of the range; an uncirculated one, or one still in its official blister pack, the high end), the finish (satin vs mirror/proof), the rarity within the series based on the mintage, and the metal spot price on the day of the deal when the piece is silver or gold. Check the value-by-grade table above and compare with equivalent pieces before buying or selling.
Where to buy or sell this coin?
Browse the national directory of numismatic shops or the community forum to trade directly with other collectors.
Price today
How much is the silver in your Onza Libertad worth?
The value of this coin depends on the silver spot price plus a numismatic premium. Check today's up-to-date price.
Description
If you inherited or found a 2 oz Silver Libertad dated 2002, you have a genuinely scarce coin, not just bullion. Banxico's official records show only 579 pieces struck in satin finish that year. In circulated or uncertified condition it trades from roughly 100 to 300 US dollars over melt, but certified high-grade examples can reach several hundred to over a thousand dollars because of that tiny mintage.
Here is exactly what you have, what it's worth, and how to sell it without getting shortchanged.
What the 2 oz Silver Libertad actually is
The Onza Libertad ("Liberty Ounce") is Mexico's flagship silver bullion coin, minted by the Casa de Moneda de México (the Mexican Mint). The 2-ounce version is a larger companion to the standard 1-ounce coin.
Key specs for the 2002 issue, which matter for authentication:
- Metal: .999 fine silver (99.9% pure)
- Weight: 62.206 grams (2 troy ounces of pure silver)
- Diameter: 48 mm
- Edge: reeded (grooved)
- Design: The obverse carries the Mexican national coat of arms surrounded by historical eagles from the Codex Mendoza. The reverse shows the Winged Victory (the "Angel" from Mexico City's Angel of Independence monument) with the Popocatépetl and Iztaccíhuatl volcanoes in the background.
This coin belongs to the Nueva Serie (New Series) Libertad design introduced by the Mint in 1996 and formalized by decree in 1999.
Why the 2002 is worth more than a common Libertad
Most Silver Libertads are common bullion. This one is not. According to Banxico's official CM10 table (annual pieces and balances), only 579 pieces were struck in 2002 in the satin finish. For a modern coin, that is a very low mintage, and low mintage plus real collector demand is what pushes a coin above its silver value.
Compare that to a typical bullion year where hundreds of thousands or millions are minted and the coin trades at melt. The 2002 sits in scarce territory.
What it's worth in 2026
Two things drive the price: silver content (the floor) and rarity (the premium).
The floor: Two troy ounces of .999 silver. Whatever silver spot is on the day you sell, multiply by roughly 2. That number is your absolute minimum, what any dealer will pay just for the metal.
The premium: Because only 579 satin pieces exist, this coin carries a real collector premium on top of melt.
| Condition | Approximate value (USD) | Notes |
|---|---|---|
| Circulated / handled | Melt + 50 to 150 | Metal floor plus a modest scarcity premium |
| Uncirculated, raw | 200 to 500 | No certification, sold on trust |
| Certified MS-67 to MS-69 (NGC/PCGS) | 500 to 1,200+ | Grade and slab drive the top of the range |
These are ranges, not guarantees. A coin's exact price depends on grade, eye appeal, and who is bidding the day you sell. If yours looks flawless, get it graded before you sell, the certification often pays for itself.
How to tell if yours is genuine
Because silver coins get counterfeited, run these checks before you buy or sell.
- Weight and size. A real 2002 2 oz Libertad weighs 62.206 grams and measures 48 mm across. A cheap kitchen scale that reads to 0.1 g will catch most fakes. If the weight is off, stop there.
- The ping test. Genuine .999 silver rings with a high, sustained tone when you balance it on a fingertip and tap it lightly. Fakes with base-metal cores sound dull and short.
- Magnet test. Silver is not magnetic. If a magnet sticks, it's fake.
- Certification. For anything you think is worth real money, send it to NGC or PCGS. A certified slab is the definitive answer on authenticity and grade, and it raises resale value.
Where to sell it
You have a coin with a genuine collector premium, so don't dump it at a pawn shop for melt.
- Verified numismatic dealers appraise on the spot and pay fair market. Use a trusted shop rather than the first buyer you find. See the Pesoteca dealer directory to find one by city.
- Collector-to-collector sales get you the best price. The Pesoteca buy-and-sell forum connects you with people who actually want this coin.
- Online marketplaces can work but attract the most fakes. If you sell there, provide clear photos of the obverse, reverse, and edge, plus the weight.
Before listing, photograph both faces and the edge, and confirm the weight. Buyers pay more when they can verify what they're getting.
Errors and varieties worth knowing
Genuine mint errors (off-center strikes, die rotation, doubled strikes) can multiply a coin's value if verified. Be skeptical: most "errors" circulating online are post-mint damage (scratches, corrosion, dings), not factory errors. If you think you have a real one, post clear photos to the Pesoteca forum and let the community weigh in.
Got a 2002 Silver Libertad in the drawer? Post the weight and a photo of the edge in our forum and the community will tell you if you're holding one of the 579, or a lookalike.
Historical context
2 troy oz Libertad silver 2002 Regular BU
This piece is the 2 troy oz silver Libertad, struck by the Mexican Mint in 2002 in its Regular BU version.
Technical data. It contains 62.2 g of pure silver at .999 fineness and measures 48 mm in diameter. The reverse bears the effigy of the Angel of Independence, adopted by Banxico as the official symbol of the series since 1981. The obverse shows the National Coat of Arms in its pre-1969 version, along with other historical coats of arms as an identity mark of the family.
Role within the set. It is a piece for serious collecting. Its mintage is far lower than that of the standard ounce and its large format showcases the detail of the engraving. It is usually collected side by side with the 5 oz.
Context of the year. In 2002 Vicente Fox Quesada was in office. A historic low was recorded in the price of silver, near USD 4.24 per troy ounce. A good year to accumulate cheap fractions.
Regular BU finish. The Regular finish, cataloged by Banxico as satin or BU, is achieved with dies that receive no special polishing. The result is an even matte shine across the whole surface, with no mirror contrast between fields and relief. It is the traditional bullion finish: it is bought for its weight in pure silver plus a modest die premium. It is the version collectors seek to build the complete year set without decapitalizing on each piece.
Mintage. Banxico reported in its official tables a mintage of 579 pieces for this combination of fraction, year and finish. That number is the baseline for measuring the relative scarcity of the piece within the program.
This piece belongs to the era
Nuevos Pesos y actualidad →Explore all the Mexican coins of this era, their historical context and how they connect to the monetary system of the period.
Value range of this piece
Market estimate: $2,100 - $2,300 MXN depending on the grade of preservation (typical range between a circulated and an uncirculated piece).
See the full breakdown by grade (VG, F, VF, EF, AU, MS-60, MS-63, MS-65) for the whole series →
Other denominations from 2002
Onza Libertad · Plata 0.999
Same denomination, other years
2 onzas Plata 0.999 · Onza Libertad
Frequently asked questions
How much is a 2002 2 oz Silver Libertad worth?
It depends heavily on condition and silver spot. The metal floor is two troy ounces of .999 silver, so multiply current spot by about 2. On top of that, the tiny 579-piece mintage adds a real premium: circulated examples run melt plus 50 to 150 US dollars, raw uncirculated pieces 200 to 500 dollars, and certified high grades (NGC or PCGS MS-67 and up) can reach 500 to over 1,200 dollars. For an exact figure, have your specific coin appraised or graded.
Is the 2002 2 oz Silver Libertad rare?
Yes, by modern coin standards. Banxico's official CM10 records show only 579 pieces struck in the 2002 satin finish. Most Silver Libertads are minted in the hundreds of thousands or millions and trade at melt, so the 2002 is genuinely scarce and carries a collector premium above its silver value.
How do I tell if my 2 oz Silver Libertad is genuine?
Check the weight (62.206 grams) and diameter (48 mm); if either is off, it's likely fake. Real .999 silver rings with a high, sustained tone when tapped, while fakes sound dull. Silver is not magnetic, so a magnet should not stick. For a coin worth real money, certification by NGC or PCGS is the definitive proof of authenticity and grade.
Where can I sell my 2002 Silver Libertad?
Use a verified numismatic dealer for an on-the-spot appraisal (see the Pesoteca dealer directory), or sell collector-to-collector through the Pesoteca buy-and-sell forum for the best price. Photograph the obverse, reverse, and edge and confirm the weight before listing. Avoid dumping it at melt value at a pawn shop, since this coin carries a real scarcity premium.
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Sources
Images for informational and educational purposes, attributed to their original source. Reference values; the real price depends on the grade, the specific variant and demand.
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