1987 1 oz American Silver Eagle BU
1987 1 oz American Silver Eagle BU
1987 American Silver Eagle – A Numismatic Treasure
The 1987 American Silver Eagle, the second release in the renowned Silver Eagle series, continues the legacy of excellence and beauty that began with the inaugural coin in 1986. Struck in 1 troy ounce of .999 fine silver, this coin embodies the artistry and craftsmanship of the United States Mint, making it a cherished piece for collectors and investors alike.
Historical Background
The American Silver Eagle program was authorized by the Liberty Coin Act of 1985 to provide a reliable silver bullion coin for investors and to showcase the nation’s rich history through its designs. The program was an instant success, with the 1986 Silver Eagle setting a strong foundation for subsequent releases, including the 1987 edition.
In 1987, the United States Mint maintained the series' high standards by continuing to produce Silver Eagles with the same stunning designs that collectors had come to admire. This year’s mintage further solidified the Silver Eagle as the world's most popular silver bullion coin.
Iconic Design
Obverse Design:
The obverse of the 1987 Silver Eagle features Adolph A. Weinman’s timeless Walking Liberty design, originally introduced on the Walking Liberty Half Dollar (1916–1947). Lady Liberty strides confidently toward the sunrise, draped in the American flag, carrying branches of laurel and oak to symbolize civil and military glory. This iconic design represents hope, freedom, and progress and remains a favorite among numismatists.
Reverse Design:
The reverse showcases John Mercanti’s powerful Heraldic Eagle design, with a bald eagle clutching an olive branch and arrows, signifying peace and strength. Above the eagle are 13 stars, representing the original colonies. This classic design emphasizes the nation's unity and enduring strength.
Specifications
- Denomination: $1
- Composition: 99.93% Silver, 0.07% Copper (for durability)
- Silver Content: 1 Troy Ounce (31.103 grams)
- Diameter: 40.6 mm
- Thickness: 2.98 mm
- Edge: Reeded
- Finish: Brilliant Uncirculated (BU)
- Mint: Struck at the Philadelphia Mint (No Mint Mark)
- Designer (Obverse): Adolph A. Weinman
- Designer (Reverse): John Mercanti
Mintage
In 1987, over 11.4 million Silver Eagles were minted, a significant increase from the previous year, reflecting the growing demand for these coins among collectors and investors. This high mintage makes the 1987 Silver Eagle a readily available yet historically important coin for those building a Silver Eagle collection.
Collectibility and Value
The 1987 Silver Eagle is an essential addition for collectors looking to complete a year-by-year set of this iconic series. It represents the early days of the program when the coin was rapidly gaining popularity among numismatists and investors. Its combination of historical significance, high silver content, and stunning design ensures its appeal will endure for generations.
Whether you’re expanding your collection or seeking a timeless investment, the 1987 American Silver Eagle is a perfect choice that offers both beauty and value.