About the 1987 $50 Gold American Eagle
This 1987 $50 Gold American Eagle is one of only six years of Gold American Eagle coins with a Roman numeral date. It is one of the earliest coins in the series, which was the first official gold bullion coin issued by the U.S. Mint and the first American gold coin to be available to the American public since the Great Depression.
The $50 symbolic face value names this coin as legal tender of the United States. It is composed of 1 Troy oz. of .9167 fine gold, a value backed and guaranteed by the government. On the obverse, you'll find a triumphant Lady Liberty walking out of the sunlight. On the reverse, a male eagle returns to the nest of his mate and young, bearing an olive branch.
What makes this coin a good buy?
The entire Gold American Eagle series has captured the hearts of collectors. Certain dates and mint marks are performing very well in the numismatics market, especially when they are in the brilliant uncirculated condition you'll be receiving yours in. Kept in pristine condition over the years it's not unreasonable to suspect this coin may attain a price well above the spot price of gold.
Yet as a pure gold investment it will also do well. These coins are an easy way to buy, sell, and trade in precious metals. It's a fine addition to any portfolio, allowing you to invest and realize value on two levels.