1987 American Silver Eagle
The 1987 American Silver Eagle is a highly sought-after coin for collectors. It was first minted in 1986 and remains the official silver bullion of the United States. With its iconic design and its rarity, it’s a great addition to any collection.
This coin stands out among other coins due to its weight, purity, and content. Weighing in at 1 troy ounce, it contains .999 fine silver, making it one of the purest coins ever minted by the United States Mint.
Its obverse features Lady Liberty walking towards the sun while carrying laurel branches and a shield, while its reverse depicts a heraldic eagle with 13 stars above. Its popularity continues to rise as more collectors add this coin to their collections.
History Of The 1987 American Silver Eagle
The 1987 American Silver Eagle is a highly sought after coin among serious numismatists and hobbyists alike. This iconic coin has a long and storied history, with its roots stretching back to 1986 when the United States Congress passed the Liberty Coin Act.
The act authorized the United States Mint to begin production of a silver bullion coin featuring an obverse depicting a rendition of Lady Liberty, and a reverse featuring an American eagle in flight.
Since its inception, the 1987 American Silver Eagle has been produced in two distinct versions: the Uncirculated version and the Proof version. The Uncirculated version was struck at the San Francisco mint, while the Proof version was struck in Philadelphia for collectors.
Both coins feature a stunning design created by sculptor/engraver John Mercanti that makes them truly unique pieces of numismatic history.
Today, these coins are some of the most desirable pieces in any collection. Their value is based not only on their aesthetic beauty but also on their scarcity and their historical significance as well.
These coins represent more than just currency; they symbolize America’s commitment to preserving our nation’s heritage for future generations to enjoy.
Design Features Of The American Silver Eagle
The American Silver Eagle, first minted in 1986, is a popular coin amongst collectors. It has a distinctive design, featuring the iconic Walking Liberty on the obverse and a heraldic eagle with shield on the reverse. The American Silver Eagle is struck from one ounce of .999 fine silver and is guaranteed by the U.S. government for its weight and purity.
The coin’s obverse features Adolph A Weinman’s timeless depiction of Lady Liberty striding confidently towards a rising sun, draped in the Stars and Stripes and carrying branches of laurel and oak in her arms. This iconic image has become synonymous with liberty and freedom around the world.
The reverse was designed by John Mercanti, who served as Chief Engraver of the U.S Mint from 1986 to 2010. His rendition of an eagle grasping an olive branch in its talons while protecting a union shield under its wings evokes strength and patriotism in equal measure.
This striking design, combined with its superb craftsmanship, makes the American Silver Eagle one of the most sought after coins available today.
Weight And Purity
Weight is an important factor in evaluating American Silver Eagles, as different coins have different weights due to their purity.
Purity refers to the silver content within the coin, which is measured in terms of fineness.
Bullion value and numismatic value are determined by the spot price of silver and the collectability of the coin, respectively.
In addition, the minting process, assay certificate, grading standards, design variations, mint markings, and packaging of American Silver Eagles all factor into the coin’s value.
Weight
The weight of the American Silver Eagle is an important factor that coin collectors need to consider when investing in the coin.
It’s a one-ounce bullion coin, meaning its weight is closely monitored and regulated.
The coins are struck using 99.9% fine silver and their weight is exactly 1 troy ounce, which equals 31.103 grams.
This means that each coin contains exactly 1 troy ounce of pure silver, making it one of the most reliable investments in bullion coins you can make.
Furthermore, its standardization helps ensure that any given American Silver Eagle will have a consistent value regardless of its age or condition.
All in all, this makes the American Silver Eagle a very attractive investment for those looking for a secure way to invest in silver bullion coins.
Purity
In addition to weight, the purity of the American Silver Eagle is also an important factor for coin collectors.
The coins are made from 99.9% fine silver, making it one of the purest forms of silver available.
This gives the coin a more consistent value and makes it a safer investment than other types of bullion coins that may not be as pure.
Furthermore, since the purity is closely monitored and regulated, you can be sure that you’re getting exactly what you pay for when you buy an American Silver Eagle.
With its high level of purity, it’s easy to see why this coin has become so popular with investors looking for a secure way to invest in silver.
Popularity And Rarity
The American Silver Eagle is like a shining star in the world of coin collecting. It’s popularity and rarity make it a sought-after piece for any collection.
With its iconic Lady Liberty design on one side and the bold eagle on the other, this coin has been captivating collectors for more than three decades.
From its origins in 1986, the American Silver Eagle has been an ever-growing asset to coin collections around the world. Its annual release keeps it in high demand year after year, as collectors look forward to adding new editions to their collections. The coins also have great value due to their silver content and can be seen as a wise investment choice for many hobbyists.
Coin collecting aficionados know that this classic silver dollar is one of the best investments they can make in terms of both beauty and value. Its distinctive design makes it instantly recognizable and a must-have item for any serious collector.
As long as there are those looking to invest or add a little sparkle to their collection, the American Silver Eagle will remain an important part of numismatics for years to come.
Buying And Selling The American Silver Eagle
The American Silver Eagle is one of the most popular coins in the world, and it’s no wonder why. Not only is it a stunningly beautiful coin, but it also carries a great deal of value.
For those interested in collecting or investing in silver coins, the American Silver Eagle is certainly a strong contender.
Whether you’re looking to purchase or sell an American Silver Eagle, there are several things to consider.
To buy one, you’ll need to find a reputable dealer that offers both certified and uncertified coins. Certified coins are backed by third-party grading companies such as NGC and PCGS, so they tend to have higher value than uncertified coins.
When selling your American Silver Eagles, you’ll want to make sure you get the best price for them.
Before listing them for sale, research their current market values and look into online auctions or other auction sites where you can list your coins for sale.
You may also want to take advantage of numismatic services offered by some dealers which can help you determine if any of your coins have special features that could potentially increase their value.
Frequently Asked Questions
How Much Does A 1987 American Silver Eagle Typically Cost?
As an expert in coin collecting, I can tell you that American Silver Eagles are highly sought after!
The 1987 edition is especially desirable due to its low mintage rate.
These coins typically go for a high price, ranging from $50-$150 depending on their condition and grade.
If you’re lucky enough to find one with a perfect strike, it could even sell for more.
Is The 1987 American Silver Eagle Still In Circulation?
Coin collecting is a timeless hobby that continues to attract new generations of numismatists.
The American Silver Eagle, first issued in 1986, remains one of the most popular coins among collectors today.
With its 90% silver content and iconic design, it’s no surprise that this coin is still in circulation.
For those who want to get their hands on a 1987 American Silver Eagle, you’ll be glad to know that it is still available from certain vendors — though it will cost you a pretty penny!
Are There Any Other Versions Of The American Silver Eagle?
Yes, there are other versions of the American Silver Eagle.
The coin is issued annually in both bullion and proof versions, as well as a variety of burnished coins.
The burnished coins were first minted in 2006 and feature an uncirculated finish.
Along with the standard editions, there have been several special editions issued over the years – including a 20th Anniversary set, a 25th Anniversary set, and the 30th Anniversary set.
All of these sets feature unique designs that make them highly desirable to collectors.
What Is The Most Reliable Source To Buy A 1987 American Silver Eagle?
When it comes to coin collecting, one of the most reliable sources for acquiring a 1987 American Silver Eagle is from authorized dealers.
Coin collectors have been seeking out these coins for decades due to their collectible status, and it’s something that requires particular expertise if you want the best quality.
Quality control is key when buying such rare coins, so it’s important to trust knowledgeable and respected dealers who can guarantee authenticity and condition.
As a collector, you will want to ensure that your 1987 American Silver Eagle is in its original luster and that it has been professionally graded by experts in the field.
Is There Any Other American Silver Eagle Coin From 1987?
Yes, there are other American Silver Eagle coins from 1987.
The American Silver Eagle is the official silver bullion coin of the United States and was first released in 1986.
It contains one troy ounce of .999 fine silver and has a face value of one dollar.
The 1987 American Silver Eagle can be identified by its reverse design which features a heraldic eagle with shield and arrows, surrounded by thirteen stars representing the original colonies.
There are several types of 1987 American Silver Eagles available, including uncirculated, proof, and burnished versions.
Collectors should choose the version they prefer to complete their collection.
Conclusion
As a coin collecting expert, I can confidently say that the 1987 American Silver Eagle is a highly sought-after coin. Its value has only increased over time due to its rarity and beauty, making it an excellent addition to any collection.
It’s also still in circulation today, though it may be harder to find than other versions of the American Silver Eagle. For anyone looking for a reliable source to purchase this coin, there are several reputable online dealers and auction sites that offer certified coins at competitive prices.
For those who desire something extra special from 1987, there is also the American Silver Eagle Proof Coin Set, which includes a proof version of the 1987 American Silver Eagle along with other coins released that year. This set is ideal for the collector who wants a unique piece of history in their collection.
No matter what type of American Silver Eagle you choose to add to your collection, you can be sure that it will be an item that you cherish for years to come.
