Value of 1987 American Silver Eagle $1 Coin

Value of 1987 American Silver Eagle

An American Silver Eagle, also called an ASE by some collectors, is a bullion coin made by the United States mint. Each coin has a stated value of only $1. However, these are bullion coins, which means that they contain precious metals. All 1987 ASE coins contain one ounce of pure silver. Because of that silver content, each regular issue 1987 $1 silver coin usually sells for around $2 above or below the current price of an ounce of silver depending on if you are buying or selling. In case you are curious, we pay the current spot price for non-proof American Silver Eagles. As an example, if the silver spot price is $20, then we will pay $20 per coin.

Each one dollar coin has the following text: 1987 – LIBERTY – In God We Trust – United States Of America – E Pluribus Unum – 1 OZ. Fine Silver One Dollar | The design is fairly plain. The obverse (front) of the coin pictures a female with the sun behind her. The back, which is also called the reverse, shows an eagle with shield and 13 stars.

Be sure to check and see if you have a proof 1987 American Silver Eagle. A proof coin has a S mint mark under the left side of the eagle. The letter S signifies that the proof coin was minted in San Francisco. Collectors call these 1987-S ASEs. Proof coins are considered more valuable than regular strikes. Contact us to get an offer on your coin.