1987 1 Oz Gold American Eagle - BU (MCMLXXXVII)

Product ID: BST-000792EC03

Specifications

Year 1987
Precious Metal Type Gold
Bullion Coin Type Eagle
Format Coin
Country of Origin United States
Brand/Mint U.S. Mint
Mint Mark W - West Point
Purity 0.9167
Weight 1 oz
Thickness (mm) 2.87 mm
Diameter (mm) 32.7 mm
Inner Pack (Quantity) 20
Outer Pack (Quantity) 500

Product Details

Overview of the 1987 Gold American Eagle (BU)

The 1987 1 oz Gold American Eagle is a government-issued bullion coin struck by the United States Mint at the West Point facility. Composed of .9167 fine gold and weighing one full troy ounce, it carries a nominal face value of fifty dollars and holds legal tender status under United States law. The coin's alloy composition, which blends gold with small amounts of silver and copper, is designed to improve durability without compromising the coin's iconic appearance. We carry this coin in Brilliant Uncirculated condition, representing a well-struck example from its year of issue. The Roman numeral date inscription MCMLXXXVII distinguishes the 1987 issue from others in the series and is part of a now-discontinued dating convention that the Mint used during the early years of the program. For collectors focused on year-specific or date-variety acquisitions, this inscription makes the coin immediately identifiable.

History and Background

The American Gold Eagle program launched in 1986 following the Gold Bullion Coin Act of 1985, which authorized the United States Mint to produce gold bullion coins for the first time since the country a…

Overview of the 1987 Gold American Eagle (BU)

The 1987 1 oz Gold American Eagle is a government-issued bullion coin struck by the United States Mint at the West Point facility. Composed of .9167 fine gold and weighing one full troy ounce, it carries a nominal face value of fifty dollars and holds legal tender status under United States law. The coin's alloy composition, which blends gold with small amounts of silver and copper, is designed to improve durability without compromising the coin's iconic appearance. We carry this coin in Brilliant Uncirculated condition, representing a well-struck example from its year of issue. The Roman numeral date inscription MCMLXXXVII distinguishes the 1987 issue from others in the series and is part of a now-discontinued dating convention that the Mint used during the early years of the program. For collectors focused on year-specific or date-variety acquisitions, this inscription makes the coin immediately identifiable.

History and Background

The American Gold Eagle program launched in 1986 following the Gold Bullion Coin Act of 1985, which authorized the United States Mint to produce gold bullion coins for the first time since the country abandoned gold coinage decades earlier. The 1987 issue represents only the second year of production for the series, placing it among the earliest coins struck under the program. At that point in the program's history, the Mint was still establishing production volume and working through the operational details of a modern bullion coin program on a national scale. West Point served as the primary production facility for Gold American Eagles throughout the program's early years, though coins from this period do not bear a mint mark on the obverse or reverse. This was an intentional design decision rather than an oversight, and collectors and dealers alike have long understood that West Point gold production carried no explicit mark during this era. The 1987 coin fits squarely within that convention. The use of Roman numerals for the date was phased out after 1991, when the Mint transitioned to standard Arabic numerals. This makes 1987 part of a distinct subset of Gold American Eagles that carry a date format no longer used in the series, adding a subtle layer of character to early-year examples.

Design and Aesthetics

The obverse of the Gold American Eagle features Augustus Saint-Gaudens' classic depiction of Liberty, adapted from his celebrated 1907 High Relief Double Eagle design. Liberty is shown striding forward with torch raised in her right hand and an olive branch in her left, set against a background of sunburst rays with the United States Capitol visible below. The inscription LIBERTY arcs above, and the Roman numeral date appears along the lower rim. The composition carries both a sense of motion and formal dignity that has made it one of the most recognized coin designs in American numismatic history. The reverse was designed by sculptor Miley Busiek and depicts a family of American bald eagles, with a male eagle carrying an olive branch descending toward a nest sheltering a female and hatchlings. The inscriptions UNITED STATES OF AMERICA, IN GOD WE TRUST, E PLURIBUS UNUM, 1 OZ. FINE GOLD, and the fifty-dollar denomination complete the reverse design. The imagery draws on themes of national identity and continuity that remain consistent across all issues in the series. Brilliant Uncirculated examples from 1987 display the coin's full design detail without the wear associated with circulated or heavily handled pieces. The gold surface carries a warm, natural luster characteristic of the 22-karat alloy, and the coin's relief elements remain crisp throughout the design fields.

Authenticity and Product Integrity

Gold American Eagles are among the most thoroughly documented bullion coins in the world. Every coin in the series is produced to a defined standard: one troy ounce of gold content, .9167 fine, with the total gross weight accounting for the added silver and copper in the alloy. The United States Mint guarantees these specifications, and the coin's legal tender status provides an additional layer of institutional accountability that distinguishes it from privately minted rounds or bars. We verify every product for authenticity, weight, and purity before it is made available for purchase. Our authorized dealer relationships with both PCGS and NGC are an important part of how we approach product integrity across our catalog. For buyers who want additional third-party documentation beyond the Mint's own guarantee, we can facilitate grading and certification through either service.

Condition and Packaging

Brilliant Uncirculated refers to a coin that has been struck but not released into general circulation, retaining its original mint surfaces and full design definition. BU coins may show minor contact marks or bag marks resulting from the production and handling process at the Mint, which is standard and expected for this grade. These characteristics do not diminish the coin's metal content, authenticity, or collectibility. Individual coins ship in a protective plastic flip. A standard tube holds twenty coins, and full sealed boxes contain five hundred coins, making the 1987 Gold American Eagle available at quantities suited to both single-coin buyers and those building larger holdings. The packaging format at each quantity tier is designed to protect the coin's surface condition from the point of shipment through delivery.

Pricing and Market Factors

Pricing for the 1987 1 oz Gold American Eagle is tied directly to the real-time spot price of gold, with a premium applied above that base figure. The premium reflects factors specific to this coin: its government-issued status, the production costs associated with 22-karat alloy coinage, and the recognition premium that comes with one of the most widely traded gold coin programs in the world. As an early-year issue in a series that now spans nearly four decades, the 1987 coin can carry a modest additional layer of demand from date-specific collectors alongside its bullion value. Our pricing reflects live market conditions and is structured to give buyers a clear picture of what they are paying and why. We display bid/ask spreads on our product pages so customers can evaluate the full transaction, not just the purchase price.

Selling and Liquidity

Gold American Eagles are recognized by dealers, mints, and private buyers across global markets. The one-ounce format, combined with the U.S. government's guarantee of gold content and the coin's broad familiarity, makes it one of the most straightforward bullion products to trade in the secondary market. Dealers typically maintain active bids for this coin, and the 1987 issue, as part of the early production run, is not an obscure date that requires special handling during resale. We operate a two-way market, meaning customers can both purchase and sell precious metals within the same platform. We believe liquidity should be factored into the purchase decision rather than treated as an afterthought, and our competitive buyback pricing on Gold American Eagles reflects that commitment.

Why Buy the 1987 Gold American Eagle?

The 1987 Gold American Eagle offers a combination of attributes that few bullion coins can match in a single package: full-troy-ounce gold content guaranteed by the United States government, legal tender status, a design with genuine artistic heritage, and global recognition that supports broad resale access. For buyers focused specifically on date-complete sets of the American Eagle series, the 1987 issue with its Roman numeral date inscription is a necessary addition and one that can be harder to locate in BU condition as original mint supplies become more dispersed over time. The coin's 22-karat alloy also provides a practical durability advantage over 24-karat alternatives. The added silver and copper make the surface more resistant to incidental contact, which matters for coins that may be handled, stored without individual protective packaging, or physically examined over the years.

Why Buy from Bullion Standard?

We built this platform around a straightforward principle: buyers deserve accurate information, transparent pricing, and a purchasing experience that does not require them to push back on inflated premiums or hidden fees. Our pricing reflects real-time market conditions, and every product we offer has been verified for authenticity, weight, and purity before reaching our customers. We source from reputable mints, refineries, wholesalers, and distributors, and our authorized dealer status with both PCGS and NGC means we are held to verifiable standards within the industry. Our A rating with the Better Business Bureau, along with our membership in the American Numismatic Association and the National Coin and Bullion Association, reflects a track record built through consistent practice rather than marketing claims. We operate a two-way market so customers can evaluate both the purchase price and the expected resale value before committing, which gives our buyers a more complete picture of what they own and what it is worth in the current market. From secure checkout to reliable fulfillment and responsive support after the sale, the experience is designed to hold up well beyond the initial transaction.

Get Near-Spot Pricing with Bullion Standard Pro

Bullion Standard Pro gives members access to live, executable wholesale bid and ask pricing on the 1987 Gold American Eagle and across our broader catalog. Rather than working from retail price structures with fixed dealer spreads applied on top, Pro members transact at real-time wholesale market prices where premiums and bid/ask spreads reflect actual supply and demand conditions. For a coin like the 1987 Eagle, which carries both a bullion premium and a date-specific collector dimension, being able to track how the premium moves over time provides meaningful context for both buying and selling decisions. The platform also includes proprietary market intelligence tools covering historical premium analysis, spread tightness, liquidity metrics, and portfolio valuation based on live wholesale bid pricing. These tools are designed to reduce the information gap that has traditionally existed between retail buyers and the wholesale precious metals market, giving Pro members a clearer view of what their holdings are worth at any given moment and how individual products compare across the broader bullion landscape.

Flexible and Secure Payment Options

We support a wide range of payment methods to make purchasing the 1987 Gold American Eagle as straightforward as possible. Accepted payment options include Visa, Mastercard, American Express, Discover, PayPal, bank-connected payments through Plaid, wire transfer, paper check, and cryptocurrency via BitPay. Every transaction is handled through a secure checkout process designed to protect your information and give you confidence at every step of the purchase.

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