Price Guide for 1987 Half Dollar Variants
This guide presents price ranges for 1987 Half Dollar variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
1987-P Half Dollar (Regular Strike)
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3rd Party PriceUncirculated: $10.00 - $4,800.00
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eBayCirculated: $4.00Uncirculated: $3.06 - $2,495.00
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PCGS Price GuideCirculated: $1.00 - $10.00Uncirculated: $5.00 - $4,150.00
1987-D Half Dollar (Regular Strike)
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3rd Party PriceUncirculated: $7.00 - $3,055.00
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eBayUncirculated: $1.74 - $2,900.00
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PCGS Price GuideCirculated: $1.00 - $10.00Uncirculated: $5.00 - $2,650.00
1987-S Half Dollar, DCAM (Proof)
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3rd Party PriceUncirculated: $7.00 - $575.00
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eBayUncirculated: $1.25 - $192.00
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PCGS Price GuideUncirculated: $2.00 - $42.00
Design and Specifications of the 1987 Half Dollar
The 1987 Kennedy Half Dollar continued the series that began in 1964 to honor President John F. Kennedy after his assassination. By 1987, the half dollar had largely disappeared from circulation due to hoarding and low demand for the denomination in everyday transactions. Despite this, the U.S. Mint continued to produce these coins primarily for collectors.
| Weight | 11.34 grams |
|---|---|
| Diameter | 30.61 mm |
| Mint Marks | P, D, S |
| Composition | 91.67% copper, 8.33% nickel clad over pure copper core |
| Obverse Design | Portrait of John F. Kennedy, designed by Gilroy Roberts |
| Reverse Design | Presidential Seal, designed by Frank Gasparro |
Rarity Factors and Value Drivers
Condition plays a crucial role in the value of 1987 Kennedy Half Dollars. For circulation strikes, coins in MS65 and above can command premium prices, especially if they exhibit strong luster and minimal contact marks. Proof coins are expected to be in near-perfect condition, with grades of PR69 and PR70 being highly sought after by collectors.
Mintage: 2,890,758
Rarity Scale: Common
Circulation Status: Limited Circulation
Preservation Rarity: Common in high grades due to limited circulation
Varieties Errors: None significant
Market Demand: Moderate, primarily for collectors
Mintage: 2,890,758
Rarity Scale: Common
Circulation Status: Limited Circulation
Preservation Rarity: Common in high grades due to limited circulation
Varieties Errors: None significant
Market Demand: Moderate, primarily for collectors
Mintage: 4,227,728
Rarity Scale: Common
Circulation Status: Not Intended for Circulation
Preservation Rarity: Common in high grades as most were well-preserved by collectors
Varieties Errors: None significant
Market Demand: Moderate, primarily for collectors
Factors affecting the value of 1987 Kennedy Half Dollars include:
1. Strike Quality: Well-struck coins with sharp details, especially on Kennedy's hair and the eagle's feathers, are more desirable.
2. Luster: Coins with strong, original mint luster are preferred by collectors.
3. Toning: Natural, attractive toning can enhance a coin's value, particularly for proof issues.
4. Cameo Contrast: For proof coins, strong contrast between frosted devices and mirrored fields (known as cameo or deep cameo) can significantly increase value.
5. Preservation: Due to limited circulation, many 1987 half dollars remain in excellent condition, making pristine examples less rare than in some earlier years.
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