1987 American Silver Eagle Coin
The 1987 American Silver Eagle Coin was the second issue of the American Silver Eagle series, started in 1986 by the United States Mint. With a mintage figure of 11,442,335 BU coins, the 1987 Silver Eagles had the largest circulation of the program until the Great Recession in 2008, when silver bullion demand grew intensively. The American Eagle Coin program is admired for its classic and traditional design. Such a huge production already in the early editions shows the success of the program among investors and collectors, and you can buy one of these at SD Bullion right now!
- Contains 1 troy oz. of .999 fine silver;
- Face value of $1, issued by the United States Government;
- Second issue of the program;
- Eligible for IRAs;
- Obverse features the Walking Liberty design, by Adolph A. Weinman;
- Reverse displays the heraldic eagle with shield and thirteen five-pointe stars, as envisioned by American sculptor John M. Mercanti.
The history of the American Eagle Coin program
American Silver Eagle Coins were produced to reduce the National Defense Stockpile of Silver, starting in 1986, as part of the American Eagle Coin program. At the same time, The US Mint also launched the first issues of the American Gold Eagle Coins, the gold counterpart of the program, along with proof versions of both coins. Few years later, in 2006, the first proof variant of the American Silver Eagles, the first Uncirculated (Burnished) Silver Eagles and the reverse proof Silver Eagles, were released as a special edition in the 20th year of the program. Over the years, the program has developed special editions produced in small scales with different details.
The Design of the coin (1986 – 2021)
The 1987 American Silver Eagle features the classic design created by Adolph A. Weinman in 1916: The Walking Liberty. The Lady Liberty is walking in profile, draped in the American flag at the sunrise, with her right arm outstretched right below the word “LIBERTY”, which is stamped on the edge of the coin. You can also see the phrase “IN GOD WE TRUST '' on the right side of Lady Liberty. The mint year “1987” is at the bottom.
The reverse side, in turn, features the classic symbol of American freedom, created by John Mercanti: the coat of arms with the heraldic eagle. The bald eagle carries arrows and an olive branch in the talons. Above the eagle are 13 stars representing the original colonial states. Proof specimens show the S mint mark next to the eagle, signaling that the coin was minted in San Francisco. The nominal value (one dollar) and the fine silver content (1 oz) is printed on the back of all coins.
Why invest in the 1987 1 oz Silver American Eagle coin?
The elegant design of the American Eagle Coin program quickly made them popular, and the Silver Eagles Coins have become, without a shadow of a doubt, the most successful silver bullion coin series in the world. Besides, it became ideal for composing beautiful collections and a great investment asset. Every detail of the Silver Eagle Coins builds a piece that represents strength, resistance and freedom!
At SD Bullion you will find the lowest premiums over the spot price of silver. Guaranteed! Contact us for more information about the 1987 American Silver Eagle. Our representatives are available at the web-chat feature and over the phone at 1 (800)-8732. You can also reach us at email@example.com.