The pent-up demand for silver bullion helped propel the Silver American Eagle to a record high mintage that would stand for 21 years after the 1987 release of Silver Eagles. The United States Mint offered the Silver Eagle for a full 12 months for the first time ever in 1987. Right now, 1987 1 oz Silver American Eagle Coins are available to purchase online at Silver.com in near-perfect condition.
Coin Highlights:
- Ships to you inside of the PCGS’ protective plastic slab!
- Second year of issue for the Silver American Eagle 1 oz coin!
- Availability of certified coins is limited!
- Consists of One Troy ounce of .999 fine silver.
- Bears a face value of $1 (USD) backed by the federal government.
- Issued a Grade of Mint State 69 by the Professional Coin Grading Service.
- On the obverse side of each coin is Walking Liberty.
- The reverse face of each coin bears the heraldic eagle of the United States.
Each 1987 1 oz Silver American Eagle Coin in this product listing at Silver.com features a near-perfect certification from the PCGS. Mint State 69 coins exhibit full, original mint luster with no more than two minor detracting flaws. The only acceptable flaws at this grade level include minuscule contact marks or hairlines.
Since the 1986 coins debuted so late in the year, the demand for silver bullion remained strong in 1987. This helped to propel the 1987 Silver American Eagle to a mintage figure more than double that of the debut year. The total mintage for the year settled at 11,442,335 coins in all. This remained the highest mintage mark in the program until 2008, with only two years in that stretch even coming close to the 1987 Silver Eagles release.
On the obverse of 1987 1 oz Silver Eagles is the design of Walking Liberty. Used on the US circulation half-dollar coin from 1916 to 1947, Walking Liberty was designed in 1916 by Adolph A. Weinman as part of a US Mint artistic contest to find new designs for American circulation currency.
The reverse side of 1987 1 oz Silver American Eagle Coins bears the heraldic eagle of the United States of America. This design was modernized by John Mercanti in 1986. It features a powerful bald eagle behind the national shield as it clutches the arrows of war and the olive branch of peace in its talons.
From 1986 to 1998, the Silver Eagle bullion coins were produced by the US Mint at its San Francisco Mint facility, even though the bullion coins have never featured mint marks to denote this fact.
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