Twenty five years ago..............

[thurmownator]

.................. the US Mint did not issue a half dollar coin for circulation. 1987 P and D halves were only issued in Uncirculated and Souvenir sets, and not for circulation, while 1987-S halves were only sold as proof coins.

​

"The coin continued to be struck through the remainder of the twentieth century, and mintage numbers remained relatively steady until in both the Philadelphia and Denver mints[SUP][34][/SUP] until 1987, a year in which no half dollars were struck for circulation; the Treasury had accumulated a two-year supply of the pieces, making further production unncessary."

Thus only 2.9M (each) of the P and D types were minted; and only 4.2M of the S type were minted.

Consequently, they are often considered "keepers"; as they command a premium above face.

However, not everyone (either) believes or is aware of that fact.

Case in point, while going through a box of of halves today, I pulled out not one, or two 1987 halves; but seventeen (17)......7 P and 10 D !

While I've gathered several rolls (each) of both the P & D type over the years; I've never come close to finding this many at one time; and in one box.

Great way to start the weekend.

 

[Coinstriking Michigan]

Excellent, good for you

 

[namster]

Um...they are worth .50c...at least thats the most I was offered by a dealer. Most wouldn't even look at them. I have about a roll of 87s, now I throw any I find back into the dump bag.

 

[kontrapunktus1750]

The '87 coins aren't of interest to me, and I don't actively look for them. However, they are often very noticeable when edge checking a roll, so I save those that I find.

I've traded some locally for an equivalent amount in 40% coins.

 

[Captaindoodle]

The '87 coins aren't of interest to me, and I don't actively look for them. However, they are often very noticeable when edge checking a roll, so I save those that I find.

I've traded some locally for an equivalent amount in 40% coins.

So I'm not sure I understand...you can trade 87's 1 for 1 for 40%'s in your area? That is awesome.

 

[kontrapunktus1750]

So I'm not sure I understand...you can trade 87's 1 for 1 for 40%'s in your area? That is awesome.

Yup. Although these coins have little intrinsic value, there is a small demand for them and people are willing to pay a premium. The interesting thing is that no one has ever offered to pay me even $2 for one of these coins. When a trade is proposed, however, the reaction is more positive.

 

[BillyOceansEleven]

The '87 coins aren't of interest to me, and I don't actively look for them. However, they are often very noticeable when edge checking a roll, so I save those that I find.

I've traded some locally for an equivalent amount in 40% coins.

Same story here. I just edge search but I have found 2 recently. The ones I found stuck out because of the shiny unworn edge. There may have been others I missed, but I won't lose sleep over it since I am mainly concerned with silver anyway.