The 1987-S American Silver Eagle Proof coin is one of the most sought-after coins among collectors. Made by the U.S. Mint, this coin is part of the American Silver Eagle series, which has been around since 1986. The 1987-S edition is especially popular because of its limited mintage and high-quality design. In this guide, we’ll look at the details of the 1987-S Silver Eagle Proof coin, why it’s so special, and how collectors can find and care for one.
What Makes the 1987-S American Silver Eagle Proof Special?
The 1987-S American Silver Eagle Proof coin is a special version of the regular Silver Eagle coin. “Proof” refers to how the coin is made: it’s struck multiple times using polished dies, giving it a shiny, mirror-like finish. This makes it different from other coins that are made with a regular minting process. The 1987-S version is even more unique because it was made in limited numbers. Only a small amount was produced by the U.S. Mint that year, making it a rare and valuable coin for collectors.
Features of the 1987-S American Silver Eagle Proof
Here are some important features of the 1987-S American Silver Eagle Proof coin:
- Design: The coin shows Lady Liberty walking across the front, with the sun rising behind her. The back of the coin features an eagle, which is the symbol of the United States.
- Material: The coin is made from 99.9% pure silver, which makes it both beautiful and valuable.
- Size and Weight: It weighs one ounce, which is the standard for Silver Eagles.
- Mintmark: The “S” on the coin stands for the San Francisco Mint, where the coin was produced.
| Topic | Detail |
|---|---|
| Coin Name | 1987-S American Silver Eagle Proof |
| Minting Year | 1987 |
| Mintmark | “S” for San Francisco Mint |
| Design | Front: Lady Liberty walking with the sun rising behind her. Back: An eagle with an olive branch and arrows. |
| Material | 99.9% pure silver |
| Weight | 1 ounce |
| Production Quantity | 1,450,000 coins |
| Rarity | Limited production, making it a rare find for collectors. |
| Value | Typically ranges from $50 to $100+, depending on condition, with higher prices for coins in perfect condition or those with original packaging. |
| Storage and Care | Store in a protective case, avoid handling the coin directly, and keep in a cool, dry place. |
| Where to Buy | Available from online auction sites (like eBay), coin dealers, and coin shows. |
| Popularity Among Collectors | Highly sought after due to its limited mintage, high-quality design, and status as a proof coin. |
| Investment Potential | Due to its rarity and high demand, it is seen as a good long-term investment for collectors. |
| Special Features | A proof coin with a mirror-like finish, making it stand out among regular silver coins. |
How Much is the 1987-S American Silver Eagle Proof Worth?
The value of the 1987-S American Silver Eagle Proof can vary based on its condition and where it’s sold. In general, you can expect to pay anywhere from $50 to $100 or more for a coin in good condition. Coins that are in perfect, uncirculated condition or those that come with their original packaging (like the certificate of authenticity) are usually worth more. The value can also change depending on the market and demand for Silver Eagles at the time.
Where Can You Find the 1987-S American Silver Eagle Proof?
If you’re looking to add a 1987-S Silver Eagle Proof to your collection, there are a few places to check:
- Online Auction Sites: Websites like eBay often have listings for these coins. Be sure to check the seller’s ratings and the coin’s condition before making a purchase.
- Coin Dealers: Trusted dealers who specialize in rare coins can help you find a 1987-S Silver Eagle Proof.
- Coin Shows: Visiting a coin show allows you to see the coin in person and talk to experts about its value.
FAQs
What Makes the 1987-S American Silver Eagle Proof Coin Special?
The 1987-S Silver Eagle Proof coin is unique for several reasons. First, it is a proof coin, which means it was struck multiple times using specially polished dies to achieve a mirror-like finish. This high-quality production process makes the coin stand out among other regular silver coins. Additionally, the 1987-S version has a limited mintage, which means only a small number were made, adding to its rarity and desirability.
Features of the 1987-S American Silver Eagle Proof Coin
The 1987-S coin has several key features that make it highly valued:
Design: The coin shows Lady Liberty walking across the front, with the sun rising behind her. The reverse side of the coin features an eagle holding an olive branch and arrows.
Material: It is made from 99.9% pure silver, giving it both beauty and value.
Size and Weight: The coin weighs one ounce, which is standard for American Silver Eagles.
Mintmark: The “S” on the coin indicates it was minted at the San Francisco Mint.
Why Is the 1987-S Coin So Rare?
The 1987-S American Silver Eagle Proof is rare because only 1,450,000 coins were minted that year. Compared to other years in the American Silver Eagle series, this number is relatively low, making it harder to find. Moreover, many collectors bought the coin to add it to their collections, often keeping it in perfect condition. This further increased its scarcity, leading to higher demand in the market.
How Much is the 1987-S American Silver Eagle Proof Coin Worth?
The value of the 1987-S Silver Eagle Proof coin can vary depending on its condition and whether it comes with its original packaging. In general, you can expect the coin to be worth anywhere from $50 to $100 or more. If the coin is in perfect, uncirculated condition or still has its certificate of authenticity, it may fetch a higher price. Market conditions and demand for rare coins can also influence the price.
Where Can You Find the 1987-S American Silver Eagle Proof Coin?
If you’re interested in adding the 1987-S Silver Eagle Proof coin to your collection, here are a few places to look:
Coin Dealers: Many trusted dealers who specialize in rare coins offer the 1987-S American Silver Eagle Proof for sale.
Online Auction Sites: Websites like eBay feature listings for this coin. Always check the condition and authenticity before making a purchase.
Coin Shows: Attending a coin show gives you the opportunity to see the coin in person and talk to experts about its value.
The 1987-S American Silver Eagle Proof coin is a valuable addition to any coin collection. Its limited production, high-quality design, and the fact that it’s made from pure silver make it an appealing choice for collectors. Whether you’re a seasoned coin enthusiast or just getting started, this coin offers both beauty and value. Just remember to take care of it, and it could become a cherished part of your collection for years to come.
