The value of 1987 $10 American Gold Eagle Coin depends on factors like gold content, condition, and demand. This coin is popular among collectors and investors in the United States. Understanding its worth helps in making informed buying or selling decisions. Let’s explore its details.
History and Overview of 1987 $10 American Gold Eagle Coin
- Introduced in 1986 by the U.S. Mint.
- Part of the American Gold Eagle series.
- Made of 22-karat gold with a face value of $10.
- Features Lady Liberty on the obverse and a family of eagles on the reverse.
Factors Affecting the Value of 1987 $10 American Gold Eagle Coin
Gold Content and Market Price
- Contains 0.25 troy ounces of gold.
- Its value fluctuates with the gold market.
- Prices are typically higher than face value due to gold weight.
Condition and Grading
- Higher grades like MS-70 command premium prices.
- Circulated coins hold value based on gold content.
- Certified coins are preferred for investment.
Collector Demand and Rarity
Limited Mintage
- The 1987 $10 American Gold Eagle had moderate mintage.
- Rarity influences demand and price.
Popularity Among Collectors
- Collectors seek well-preserved examples.
- High demand increases coin value.
Where to Buy and Sell the 1987 $10 American Gold Eagle Coin
Authorized Dealers
- Local coin shops offer buying and selling options.
- Ensure the dealer is reputable.
Online Marketplaces
- Websites like eBay and Heritage Auctions list these coins.
- Verify seller reviews before purchasing.
Precious Metal Exchanges
- Specialized gold and silver exchanges deal in American Gold Eagles.
- Prices align with real-time gold rates.
Current Market Value of 1987 $10 American Gold Eagle Coin
- As of today, its worth is based on gold spot price.
- Premiums vary due to demand and rarity.
- Always check current gold prices before transactions.
Tips for Collectors and Investors
- Store coins in protective holders.
- Verify authenticity through grading services.
- Keep track of gold market trends.
The value of 1987 $10 American Gold Eagle Coin remains strong due to its gold content and collector interest. Always research before buying or selling to get the best price. This coin is a great addition for both collectors and investors.
FAQs
1. What factors determine the value of a 1987 $10 American Gold Eagle Coin?
The value of a 1987 $10 American Gold Eagle Coin is mainly determined by its gold content, condition, demand among collectors, and the current market price of gold.
2. Is the 1987 $10 American Gold Eagle Coin worth more than its face value?
Yes, the 1987 $10 American Gold Eagle Coin is worth more than its face value. Its price is based on the weight of the gold it contains, which is around 1/4 ounce, along with the current gold market price.
3. How much is a 1987 $10 American Gold Eagle Coin worth in 2025?
In 2025, the value of the 1987 $10 American Gold Eagle Coin can fluctuate with the market price of gold, but typically it can range between $400 to $500 or more, depending on market conditions.
4. Can I sell my 1987 $10 American Gold Eagle Coin for its full value?
Yes, you can sell your 1987 $10 American Gold Eagle Coin, but the amount you receive will depend on the dealer and the current gold prices. Collectors may pay a premium for coins in better condition.
5. Where can I find a fair price for my 1987 $10 American Gold Eagle Coin?
To get a fair price, you can check online marketplaces, visit a local coin dealer, or check auction sites that specialize in precious metals and coins. Always compare prices from different sources.