1987 American Silver Eagle Ngc Ms69
Every year, the United States mint produces a variety of silver coins for collectors. The American Silver Eagle has been a favorite of coin enthusiasts since its release in 1987. Today, it is one of the most popular silver coins around.
This article will take an in-depth look at the 1987 American Silver Eagle NGC MS69, a stunning coin that is especially sought after by collectors. This coin was graded MS69 by the Numismatic Guaranty Corporation (NGC), indicating it is in near perfect condition.
With its beautiful design and high grade, this specimen has become an attractive item for investors and numismatists alike. It’s no wonder that so many collectors are on the hunt for this remarkable coin!
History Of The American Silver Eagle
The American Silver Eagle is a beloved coin among collectors, like a rare gem that has been carefully cut and polished. Its history is as rich and varied as the coins themselves, with each piece bearing its own unique story.
The American Silver Eagle was first issued by the United States Mint in 1986 and is now considered one of the most popular bullion coins in the world.
The American Silver Eagle features an iconic design on its reverse side – a rendition of Adolph A. Weinman’s ‘Walking Liberty’ created for use on the half dollar coin back in 1916. On its obverse side, it features John Mercanti’s modern rendering of a heraldic eagle with shield, arrows, and olive branch; taken from the Great Seal of the United States.
The American Silver Eagle is minted from .999 fine silver and available in uncirculated, proof, and burnished versions. It has been produced at three US Mints: Philadelphia (P), San Francisco (S), and West Point (W).
Each coin also carries a face value of one dollar – making it legal tender in America which adds to its collectible appeal.
Features Of The 1987 Silver Eagle
Design-wise, the 1987 Silver Eagle has a powerful, modern look. It has a weight of 1 troy ounce, and was minted in West Point. It has a reeded edge and a fineness of .999.
It measures in at a diameter of 40.6 mm. The obverse features Lady Liberty, while the reverse shows a heraldic eagle with a shield.
It was minted in uncirculated condition, with the mint mark below the eagle, and was graded at NGC MS69.
Design
The design of the 1987 Silver Eagle is a real beauty to behold!
The obverse features a stunning Lady Liberty, with her hair flowing in the wind. She’s walking towards the viewer, carrying a bundle of olive and oak branches. Her gaze is determined, her expression proud and inspiring. Inscribed around her are the words ‘Liberty,’ ‘In God We Trust’ and the date of issue.
On the reverse, you’ll find an eagle carrying an olive branch in its talons as it soars across a sunburst background. The words ‘United States of America’ are inscribed at its feet, along with ‘E Pluribus Unum’ and the denomination of one dollar.
This coin has been certified by NGC as MS69 – this grade indicates that it is almost perfect condition, with only minuscule imperfections visible under magnification.
All-in-all, it’s an impressive piece that any collector would be proud to own!
Weight
At just over one troy ounce, the 1987 Silver Eagle is a hefty coin. Its weight and size make it easy to handle and display. It’s also a great addition to any collection because of its hefty weight, which adds both value and beauty to your collection.
Plus, its size makes it stand out compared to other coins in a collection. Along with its impressive design, this coin’s weight gives it an added level of prestige. With such a desirable combination of features, it’s no wonder why this coin has become so popular among collectors.
Minting
The 1987 Silver Eagle is also renowned for its minting process. It’s struck on specially prepared planchets of .999 fine silver, resulting in a high-quality finish that’s sure to impress any collector.
The coin also features a distinctive reeded edge, which gives it an extra level of detail and craftsmanship. This unique combination of elements makes the Silver Eagle stand out from other coins in any collection.
On top of all that, the mint mark on this coin is highly visible and easy to identify, so you can easily tell which version you have. It’s these small details that make this coin so popular among coin collectors.
Grading And Certification Of The 1987 Silver Eagle
The 1987 American Silver Eagle coin is highly sought after by coin collectors. It is the first year of issue for the series and its value is significantly higher than other years in the series due to its historical significance.
The coin has been certified, with each example graded on a scale of 1-70 by the Numismatic Guaranty Corporation (NGC). An MS69 grade indicates that a coin is in near perfect condition, and this grade can add additional value to the coins when they come up for sale at auction houses or other venues.
In order to receive an MS69 grade, a coin must meet certain criteria set forth by NGC. This includes no more than two minor contact marks or hairlines, original mint luster that is at least 90%, and complete design features with no evidence of wear. In addition, it should exhibit sharp detail and full mint bloom. These factors are taken into account when grading each individual silver eagle coin from 1987.
Collectors who possess an MS69 graded 1987 American Silver Eagle know that they have a rare and valuable piece of history in their possession. Such coins sell for significantly higher prices than those that lack certification or have lower grades assigned to them by NGC or another respected third-party grader. As such, these coins are highly sought after among numismatists worldwide and will remain so for many years to come.
Value And Demand Of The 1987 Silver Eagle
Value of the 1987 Silver Eagle is largely based on demand and the current precious metals market.
Rarity and collectible value also play a role in determining its value.
Investment demand, market trends and bullion demand can all affect the price fluctuations of the coin.
Grading standards, authentication, and investment grade coins can all affect the price outlook for the numismatic market.
Value
The value of the 1987 Silver Eagle is one that has been highly sought after by coin collectors since its inception.
This American Silver Eagle MS69 NGC graded coin is a valuable addition to any collection. It features a remarkable design and is considered to be in near-perfect condition, easily warranting its high demand among collectors.
It’s no wonder that this coin has held its value over the years, with many investors viewing it as an excellent choice for long-term investments and portfolio diversification.
With its striking design, rarity, and universal acceptance, the 1987 Silver Eagle is sure to remain a popular choice among collectors for years to come.
There’s simply no substitute for this iconic coin!
Demand
The demand for the 1987 Silver Eagle is remarkable and resounding. As one of the most sought-after coins in circulation, it’s no wonder why investors, collectors, and hobbyists alike have been attracted to its incredible design.
The value of this coin has held steady over the years, with many believing it to be a great choice for their portfolio diversification. It’s easy to see why the 1987 Silver Eagle commands such attention – its universal acceptance, captivating design, and relative rarity make it an ideal specimen for any collection.
With all these factors at play, there’s no doubt that this classic coin will remain a mainstay in numismatic circles for years to come.
Investing In The 1987 Silver Eagle
Investing in the 1987 Silver Eagle is like taking a journey through the history of U.S. coinage. This iconic coin has been celebrated for its beauty and rarity, and it holds an important place in the world of numismatics. The Silver Eagle is an official bullion coin of the United States Mint, first issued in 1986. It is composed of one troy ounce of .999 fine silver, making it a great choice for investors who value portability and recognition.
The 1987 Silver Eagle offers a unique opportunity for collectors and investors alike. Its mintage was limited to 6,811,000 coins—one of the lowest mintages among all coins from that year—making it a rare and desirable item for those interested in building up their portfolio or collection with a valuable asset.
In addition to its attractive design featuring Lady Liberty striding across the obverse side and heraldic eagle on the reverse, its low mintage adds to its appeal as an investment piece. The 1987 Silver Eagle’s value has steadily increased since its original release date, making it an excellent choice for both short-term growth potential and long-term stability.
Certified coins graded as MS69 (Mint State 69) by Numismatic Guaranty Corporation (NGC) represent some of the highest quality specimens available on today’s market, guaranteeing quality and authenticity before purchase. With such impressive features and a history that goes back more than three decades, this coin is sure to remain popular among investors for years to come.
Frequently Asked Questions
How Large Is The 1987 American Silver Eagle?
The American Silver Eagle is a one ounce silver bullion coin minted by the United States Mint.
While it was first released in 1986, the 1987 American Silver Eagle has the same size and weight as other Eagles from that series.
The coin measures 40.6 mm in diameter and weighs exactly one troy ounce (31.103 grams).
It has a fineness of .999 pure silver content and a reeded edge.
This makes it an attractive choice for collectors who want to add a valuable and iconic coin to their collection.
How Much Silver Is In The 1987 American Silver Eagle?
The 1987 American Silver Eagle is a special edition coin that contains a highly sought-after amount of precious metal.
This coin is composed of one full ounce of .999 fine silver, making it an incredibly valuable and desirable item for any collector.
With its sturdy construction and detailed design, the 1987 American Silver Eagle is a prized object to behold, not just for its monetary value, but also for its beauty.
It’s no wonder people are eager to get their hands on this rare piece of numismatic history!
Is The 1987 American Silver Eagle A Legal Tender Coin?
The 1987 American Silver Eagle is in fact a legal tender coin, just like any other America Silver Eagle.
These coins are issued by the United States Mint with a face value of one dollar and are backed by the US government for their weight and purity.
The Silver Eagles have been released since 1986 and have become very popular among collectors and investors alike due to their high silver content and long-term stability in terms of value.
How Does The 1987 American Silver Eagle Compare To Other Silver Coins?
The 1987 American Silver Eagle is a highly collectible coin and one of the most sought-after coins in the world.
It stands out among silver coins due to its unique design, with Lady Liberty depicted on the obverse and an eagle soaring above a nest of young eagles on the reverse.
The coin is also notable for its composition, containing one full troy ounce of .999 fine silver.
Additionally, it has a legal tender value of $1, making it one of the few coins that can be used as currency.
Its popularity as both a collectible and legal tender make it stand out compared to other silver coins.
What Are The Benefits Of Investing In The 1987 American Silver Eagle?
Investing in American Silver Eagles is a great way to diversify your portfolio and hedge against inflation.
Silver has long been considered an excellent investment option due to its low volatility and relative scarcity.
The 1987 American Silver Eagle is particularly desirable because it was the first year of issue for the series, making it highly collectible.
This coin is also graded at MS69 by the Numismatic Guaranty Corporation (NGC), which adds additional value in the form of certified authenticity and grade assurance.
As such, investing in this coin could lead to increased resale potential down the road.
Conclusion
The 1987 American Silver Eagle is an excellent choice for coin collectors and investors alike. It is a legal tender coin, containing one ounce of .999 fine silver, making it a great option for those looking to diversify their portfolios with precious metals.
It has also been graded MS69 by NGC, ensuring its quality and worth. As an expert in coin collecting, I can attest that the 1987 American Silver Eagle is one of the most desirable coins among collectors worldwide.
Investing in it now will bring you many benefits in the future, as it will likely increase in value over time.
