1987 S Proof American Silver Eagle

The American Silver Eagle is one of the most iconic coins in the history of U.S. Minting. As a proof coin, it holds a special place in numismatics circles.

First issued in 1987, the American Silver Eagle stands alone as arguably the most sought-after coin among collectors and investors alike. It is also an important part of any comprehensive collection of U.S. coins.

In this article, we will discuss the importance and value of the 1987 Proof American Silver Eagle and how it has become an integral part of numismatic culture over the years.

History And Significance Of The American Silver Eagle

The American Silver Eagle coin is widely regarded as one of the most iconic coins in circulation today. It features a majestic eagle on its front, as well as a historic design from Adolph A. Weinman on the back.

This highly sought-after collectible was first introduced by the United States Mint in 1986 and has become one of the most popular American coins ever produced.

These coins are available in both Uncirculated and Proof versions, each with their own unique benefits for collectors. The Uncirculated version is great for those looking to add value to their collection, while the Proof version provides a more aesthetically pleasing option for display purposes. Collectors can also purchase these coins in bulk or individually depending on their preference.

The American Silver Eagle has been highly sought after since its introduction and continues to be an excellent addition to any coin collector’s portfolio. With its iconic design and collectible value, it’s easy to understand why it remains so popular today.

Investing in this coin is an excellent way to add historical significance and value to your collection.

Design And Specifications Of The 1987 Proof Silver Eagle

The 1987 Proof American Silver Eagle is an iconic coin that has earned a special place in many collections. A product of the United States Mint, this coin was issued to commemorate the Statue of Liberty’s centennial anniversary, making it one of the most sought after coins in numismatic history.

Design-wise, this coin features a classic version of Adolph Weinman’s Walking Liberty design on the obverse side and John Mercanti’s heraldic eagle design on the reverse side. This design was first seen in 1916 on half dollar coins and has become synonymous with American coins ever since. The edge of the coin is reeded, adding further texture to its stunning aesthetic.

Measuring 40 mm in diameter with a weight of 1 troy ounce (31.103 grams), this coin contains 99.9% pure silver bullion and is backed by the US government for its face value of one dollar. Its mintage number is 447,890 pieces and its condition varies from uncirculated to proof depending on grade and certification.

With such remarkable specifications, it’s easy to see why this coin continues to be highly prized amongst collectors today.

Minting And Distribution Of The 1987 Proof Silver Eagle

In 1987, the Proof American Silver Eagle was minted for the first time. This coin was a collector’s dream and continues to be sought after by numismatists today. It was produced at the San Francisco Mint and each proof had a “S” mintmark to denote its origin.

The proof coin had a matte finish, which gave it an elegant look and feel. Each coin from this inaugural year was shipped in its original government packaging with a certificate of authenticity from the U.S. Mint, making it highly desirable among collectors. As such, these coins are now worth more than their silver content alone due to their collectible value.

The Proof American Silver Eagles were only available directly from the U.S. Mint, with a limited mintage of only 711,000 coins struck that year – making them a rare find indeed! For those lucky enough to get their hands on one of these coins, they can rest assured that they have acquired an item of great value and beauty that will remain cherished for generations to come.

Value And Collectibility Of The 1987 Proof Silver Eagle

The 1987 Proof Silver Eagle is a true marvel of American coinage. It has been lauded as a national treasure and is the crowning jewel of many collections. As with so many precious items, its worth is greater than just its face value.

In fact, its value and collectibility have been skyrocketing since its release in 1987, making it one of the most sought-after coins in the world. The beautiful design, exquisite craftsmanship and detailed finish of this coin make it an absolute delight for any collector or investor. Every minted piece boasts razor-sharp detail throughout the obverse and reverse sides that are enhanced by stunning frosted cameo devices on the obverse side.

Furthermore, each coin contains a full troy ounce of .999 fine silver which adds to their intrinsic value over time. As such, owning a 1987 Proof Silver Eagle is more than just investing in tangible assets; it’s owning a piece of American history that will only increase in worth as time passes.

The rarity and classic beauty of these coins make them highly sought after by collectors around the globe who want to add them to their portfolios for both aesthetic pleasure and sound investment potential. With limited supply and increasing demand worldwide, now is the perfect time to secure your own piece of this valuable legacy!

Buying And Selling The 1987 Proof Silver Eagle

The 1987 Proof Silver Eagle is a highly sought-after coin, making it a great investment for any collector. It was the first year of issue for this particular type of silver eagle, which makes it especially desirable. These coins are also well struck, with lots of detail and sharpness in the design.

When buying a 1987 Proof Silver Eagle, make sure to thoroughly inspect it to ensure that you get a good quality product. Look for signs of wear or damage such as nicks or scratches on the surface of the coin. Also check to make sure there are no signs of tampering or corrosion on the edge of the coin. If you’re buying from an online seller, be sure to ask them about their return policy in case you aren’t satisfied with your purchase.

For those looking to sell their proofs, they should consider getting them appraised by an expert before putting them up for sale. This can help ensure that you get top dollar for your coins and can help protect against being taken advantage of by unscrupulous buyers.

Keep in mind that proof coins generally sell for higher prices than circulated coins, so don’t expect too much if yours isn’t in pristine condition. With a little bit of research and knowledge about the market, selling your proofs should be relatively straightforward.

Frequently Asked Questions

How Rare Is The 1987 Proof American Silver Eagle?

The 1987 Proof American Silver Eagle is an exceptionally rare and highly sought-after coin among collectors.

Symbolically, it’s a representation of the unique union between America’s past and its future.

As one of the most popular coins from the United States Mint, this coin is a prized possession for anyone who’s lucky enough to get their hands on it.

The value of these coins varies, but they’re usually worth much more than their face value due to their rarity and relative scarcity on the market.

For those looking to add this coin to their collection, be prepared for a search that could take months or even years!

What Is The Best Way To Store The 1987 Proof American Silver Eagle?

When it comes to coin collecting, proper storage is essential for preserving the condition of coins.

The best way to store a 1987 proof American Silver Eagle is in an airtight container with a soft cotton interior.

Plastic cases are preferable as they provide protection from moisture and dust, preventing oxidation and tarnish.

If you plan on displaying your coins, use a display case made of non-abrasive materials that won’t damage the surface of the coin.

However, it’s important to note that these cases should only be used for display purposes and not for long-term storage.

Are There Any Counterfeit Versions Of The 1987 Proof American Silver Eagle?

Have you ever wondered if there are any counterfeit versions of the American Silver Eagle?

As a coin collecting expert, I can say with confidence that it is indeed possible to find counterfeits of the 1987 Proof American Silver Eagle.

This particular coin has been popular among collectors for many years and with that popularity comes the risk of encountering fake coins.

It is important to be aware of these potential counterfeits and take the necessary steps to ensure that your coins are genuine.

How Can I Tell If The 1987 Proof American Silver Eagle Is Genuine?

If you’re looking to purchase a 1987 American Silver Eagle, it’s important to know how to tell if it is genuine.

The most reliable way is by looking for the distinctive characteristics of an authentic coin.

Look for the mint mark “S” on the reverse side and any small details such as incused lettering and texture.

An authentic eagle should have a reeded edge, and its weight should match the standard of 1 troy ounce.

Additionally, check that it has been certified by one of the major grading services such as PCGS or NGC, which will ensure its authenticity.

Is The 1987 Proof American Silver Eagle A Good Investment?

Collectors looking for an investment that will appreciate over time should consider the American Silver Eagle.

This iconic coin is highly sought after and its value continues to rise due to its beauty and limited production.

The 1987 Proof American Silver Eagle is particularly desirable due to its pristine finish and unique design, making it a great choice for any collector looking to make a smart investment.

Conclusion

The 1987 Proof American Silver Eagle is a highly sought-after coin and an excellent investment. It’s rarity makes it one of the most valuable coins in the world, and with a mintage of only 1,446,778 pieces, it’s clear why this precious metal is so valued.

For those lucky enough to own one of these coins, proper storage is essential to preserve its condition and value.

For those looking to add this magnificent piece of numismatic history to their collection, there are some precautions that should be taken. Be sure to purchase from a reputable dealer who can provide authentication services. Also be aware that counterfeits exist and knowing how to spot them is important.

With everything taken into account, owning a 1987 Proof American Silver Eagle is truly an amazing experience for any coin collector!