CoinValueDB
Obverse of 1987 American Gold Eagle

Obverse

Reverse of 1987 American Gold Eagle

Reverse

1987 American Gold Eagle

$2,575 – $6,300

The 1987 American Gold Eagle was minted at the Philadelphia Mint with a mintage of 1,045,500. Values range from $2,575 in lower grades to $6,300 in top condition. The coin contains 94.67% silver & gold with a melt value of $2351.01.

1987 | Philadelphia | Mintage: 1,045,500

Melt Value (94.67% silver & gold)

$2351.01

Based on $30.50/oz silver, $2,350/oz gold

as of Aug 1, 2026

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Market Activity

2 recent sales
SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $2,934 High: $6,300 Low: $75 2 sales 8 total data points

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Mint State (MS-60)
$2,575
Choice (MS-63)
$2,875
Gem (MS-65) Best Value
$3,200
Superb Gem+ (MS-67)
$3,900
Under $100 $100 - $1,000 Over $1,000

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Coin Specifications

Year
1987
Mint
Philadelphia
Mintage
1,045,500
Composition
91.67% Gold, 3% Silver, 5.33% Copper
Weight
33.93g (1 troy oz gold content)
Diameter
32.7mm
Edge
Reeded
Designer
Augustus Saint-Gaudens (obverse), Miley Busiek (reverse)
Series
American Gold Eagle (1986-present)
PCGS #
10162

About the American Gold Eagle

The United States Mint began producing American Gold Eagles in 1986 following the Gold Bullion Coin Act of 1985. The government created these coins to provide investors with a reliable way to own gold. The obverse features the iconic Lady Liberty design by Augustus Saint-Gaudens, originally created for the 1907 Double Eagle. This design shows Liberty walking forward with a torch and an olive branch against a backdrop of the Capitol building. The reverse design changed in 2021 to mark the 35th anniversary of the series. Miley Busiek designed the original reverse, which depicts a family of eagles. Jennie Norris designed the current reverse, which features a close-up portrait of a bald eagle. The series remains in production today. You are holding a coin backed by the U.S. government for its gold weight and purity.

Collecting American Gold Eagle Coins

Start your collection with common date bullion issues from the 1990s or 2000s, as these trade close to the spot price of gold. Focus on coins in original mint condition, as even minor surface scratches or dings significantly reduce the value of a bullion coin. Avoid coins with heavy contact marks or cleaning, because these defects make the gold harder to resell. Check the weight on a digital scale to ensure it matches the official specification, as high-quality counterfeits exist in the market. Buy only from reputable dealers to guarantee authenticity.

This series includes key dates — check individual coin pages for rarity details.

Frequently Asked Questions

What is a 1987 American Gold Eagle worth? +
A 1987 American Gold Eagle is worth between $2,575 and $6,300 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1987 American Gold Eagle coins were made? +
The Philadelphia Mint produced 1,045,500 1987 American Gold Eagle coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1987 American Gold Eagle a key date? +
The 1987 American Gold Eagle is not considered a key date or semi-key date. However, condition is always important. A common-date coin in exceptional condition can still be quite valuable.
What is the melt value of a 1987 American Gold Eagle? +
The 1987 American Gold Eagle contains 94.67% silver & gold and has a melt value of approximately $2351.01 based on current spot prices ($30.50/oz silver, $2,350/oz gold). Most collectible coins are worth significantly more than their melt value due to numismatic demand.
How much is a 1987 American Gold Eagle worth? +
The value of a 1987 American Gold Eagle is primarily based on the current spot price of one troy ounce of gold. You can expect to pay a small premium above that spot price to account for the coin's production and distribution costs.
Is the 1987 American Gold Eagle rare? +
The 1987 American Gold Eagle is not rare. With a mintage of 1,045,500 coins, it is considered a common date in the series and is readily available for purchase from bullion dealers.

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