Coin Specifications

Category: Seated Liberty Half Dollars (1839-1891)
Mint: Philadelphia
Mintage: 5,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Silver
Fineness: 0.9000
Weight: 12.5000g
ASW: 0.3617oz
Melt Value: $9.73 (9/18/2020)
Diameter: 30.6mm
Edge: Reeded
Link to this coin

1887 50C MS obverse 1887 50C MS reverse
Images courtesy of Heritage Auctions (HA.com)
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Description & Analysis

Like all the half dollars coined 1879-90, this edition was limited to the number of coins to satisfy the demand from date collectors and holiday gift givers and to discourage speculation in what would have been otherwise a proof-only issue. In that latter role, the 5,000 1887 half dollars were not really successful, and they became their own subject of speculation by hoarders. As a result this date is more available in Mint State than its mintage suggests. There are a fair number of gems, as well as lesser numbers of coins certified as PL (prooflike) and even DPL (deeply prooflike). The dies had little opportunity to wear, and nearly all specimens reveal some degree of mirror fields.

This appears to be the scarcest date of the 1879-90 period in circulated grades, and the reason for that is unknown. Perhaps, speculators were more successful this year in keeping the coins from entering circulation.

Wiley and Bugert state that only two die pairs were utilized for 1887 half dollars, but they aren't clear as to whether these were exclusive to either proofs or currency pieces or were used interchangeably. All halves of this date feature 152 edge reeds.

GRADE SUMMARY

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Price Guide

Last Updated: 6/27/2019

Click on a price to see historical prices, comparison charts and trends.

1887 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 525 600 700 775 925 965 1000 1030 1100 1180 1230 1440 1730 2300 4200 6800 20000 - - -
$ - - - - - - - - 1800 2600 - 7700 - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 114
Low Grade: PrAg
Average Grade: 61
High Grade: 67

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 9/15/2020 1887 50C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base1242244113911412221894---104
-----------------------
---------------1--1---2
-----------------------
Total1242244113911412231895---106
 1%2%4%2%2%4%4%1%1%3%8%1%1%4%11%22%17%8%5%--- 
1887 50C MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------221-22---9
-----------------------
-----------------------
-----------------------
Total-------------221-22---9
 -------------22%22%11%-22%22%--- 
1887 50C MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------1-------1
-----------------------
-----------------------
-----------------------
Total--------------1-------1
 --------------100%------- 

NGC Registry

NGC Registry Score 1887 50C MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base1131914351508154311847118471111209722332617394846466794111
440135814591520154361618476161847111700214223613061418153626794110
00000018476161847111700214223613061418153626794100
0000001847123218471111398218824893504441360786794100
1887 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1168124613571427146116731753173017531776186519072029199321242495378344586545455357177313
1194128313801438153217001753173817611806187919482029203722482924400851546545494162490
0000001753173817611806187919482029203722482924400851546545494100
0000001753174517681835189319882029208023713354423358496545532900
Registry Image Gallery
Grade: MS 66 PL
Points: 4646
Owner: Amata Sos
 
Grade: VG 8
Points: 1357
Owner: Joe G.
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.