The 1987 United States Constitution Coins, also known as the Constitution Bicentennial Coins, were a series of commemorative coins issued to celebrate the 200th anniversary of the United States Constitution. The coins were minted in 1987 and were available in various denominations, including $5 gold, $1 silver, and 50-cent clad coins. The value of these coins can vary depending on several factors, such as their condition, rarity, and demand.
Design and Specifications
The 1987 Constitution Coins feature a unique design that reflects the theme of the Constitution. The obverse (front) side of the coins depicts a depiction of the signing of the Constitution, while the reverse (back) side features an image of the American eagle. The coins were minted in Philadelphia and Denver, and they bear the respective mint marks “P” and “D”. The specifications of the coins are as follows:
| Coin Type | Metal Composition | Weight | Diameter |
|---|---|---|---|
| $5 Gold | 90% Gold, 10% Alloy | 8.359 grams | 0.850 inches |
| $1 Silver | 90% Silver, 10% Copper | 26.73 grams | 1.500 inches |
| 50-cent Clad | 75% Copper, 25% Nickel | 11.34 grams | 1.205 inches |
Value and Rarity
The value of the 1987 Constitution Coins can vary depending on their condition, rarity, and demand. The coins were minted in relatively large quantities, with over 1 million 5 gold coins, 1.5 million 1 silver coins, and 2.5 million 50-cent clad coins produced. However, the value of the coins can still be significant, especially for those in good condition and with low mint marks.
According to the Red Book, a guide to United States coins, the value of the 1987 Constitution Coins can range from a few dollars to several hundred dollars, depending on the coin's condition and rarity. For example, a $5 gold coin in mint state (MS-65) can be worth around $300, while a $1 silver coin in proof (PR-65) can be worth around $100.
Key Points
- The 1987 United States Constitution Coins were issued to celebrate the 200th anniversary of the United States Constitution.
- The coins were minted in various denominations, including $5 gold, $1 silver, and 50-cent clad coins.
- The value of the coins can vary depending on their condition, rarity, and demand.
- The coins were minted in relatively large quantities, but those in good condition and with low mint marks can still be valuable.
- The value of the coins can range from a few dollars to several hundred dollars, depending on the coin's condition and rarity.
Collectibility and Demand
The 1987 Constitution Coins are considered collectible coins, and their demand can vary depending on the collector’s interests and preferences. Some collectors may be interested in the coins due to their historical significance, while others may be interested in their rarity and value. The demand for the coins can also be influenced by market trends and economic conditions.
In recent years, there has been an increased interest in collectible coins, particularly among younger collectors. This trend is driven by the growing popularity of online marketplaces and social media platforms, which have made it easier for collectors to buy, sell, and trade coins. As a result, the demand for the 1987 Constitution Coins has increased, particularly for those in good condition and with low mint marks.
Grading and Authentication
To determine the value of the 1987 Constitution Coins, it is essential to have them graded and authenticated by a reputable third-party service, such as the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC). These services can verify the coin’s condition, rarity, and authenticity, and provide a grade and certification that can increase the coin’s value.
When grading and authenticating coins, it is essential to consider several factors, including the coin's condition, rarity, and provenance. The condition of the coin refers to its state of preservation, including its surface quality, luster, and strike. The rarity of the coin refers to its scarcity, including its mintage and distribution. The provenance of the coin refers to its ownership history, including its previous owners and any notable sales or exhibitions.
What is the value of a 1987 $5 gold Constitution Coin in mint state?
+According to the Red Book, a 1987 $5 gold Constitution Coin in mint state (MS-65) can be worth around $300.
How can I determine the authenticity of a 1987 Constitution Coin?
+To determine the authenticity of a 1987 Constitution Coin, it is essential to have it graded and authenticated by a reputable third-party service, such as the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).
What is the rarity of the 1987 Constitution Coins?
+The 1987 Constitution Coins were minted in relatively large quantities, with over 1 million $5 gold coins, 1.5 million $1 silver coins, and 2.5 million 50-cent clad coins produced. However, the rarity of the coins can vary depending on their condition and mint marks.
In conclusion, the 1987 United States Constitution Coins are a unique and collectible series of coins that can be valuable due to their historical significance, rarity, and demand. To determine the value of these coins, it is essential to have them graded and authenticated by a reputable third-party service and to consider several factors, including their condition, rarity, and provenance.
As a collector, it is essential to stay informed about market trends and economic conditions that can affect the value of the coins. Additionally, it is essential to store and handle the coins properly to maintain their condition and value. With proper care and attention, the 1987 Constitution Coins can be a valuable and rewarding addition to any coin collection.
