1987 $50 American Gold Eagle

The 1987 $50 American Gold Eagle had a total mintage of just over 1 million coins from the Philadelphia Mint. This was the second year of issue for the 1 oz American Gold Eagle coin and due to it being an uncirculated coin versus a Proof coin, it doesn’t feature the ‘P’ mint mark. The Philadephia Mint was known for its excellent craftsmanship and the 1987 Gold Eagle can be found in most Mint State grades, although perfect condition coins can be hard to find due to scuffs and scratches that result from the weight of the coin.

History of the 1987 $50 American Gold Eagle

The 1987 $50 American Gold Eagle coin is a beautiful coin and is one of the most common issues within the series. The American Gold Eagle is the official gold bullion coin of the United States. The obverse of the American Gold Eagle was designed by Augustus Saint Gaudens, a rendition of the full-length Lady Liberty with her hair flowing and a long dress. She holds a torch in her right hand and an olive branch in her left. There is a small image of the Capitol building in the background. The reverse of the coin was designed by sculptor, Miley Busiek. It features a male American Bald Eagle clutching an olive branch, flying over a nest with a female eagle and her eaglet.