1987-P Kennedy Half Dollar
Circulation strike struck at the Philadelphia Mint · 2,890,758 made
- Mintage
- 2,890,758
- Metal
- Copper core clad in 75% copper / 25% nickel
- Weight
- 11.34 g
- Diameter
- 30.61 mm
Original illustration. Tap to flip. Not a photograph of the actual coin.
Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 1987-P Kennedy Half Dollar worth?
Worn examples are worth face value and can be spent. Keep it only if it looks uncirculated or shows a known variety.
What would make yours worth more:
- Uncirculated condition with full original luster
- A die variety or minting error
For market prices, check recent sold results for certified coins in the same grade.
Quick answers
- Is the 1987-P Kennedy Half Dollar rare?
- No. 2.9 million were made, a typical run for the series. Condition and varieties decide its value, not the date.
- Is the 1987-P Kennedy Half Dollar silver?
- No. It's copper core clad in 75% copper / 25% nickel. Halves dated 1964 and earlier are 90% silver. Kennedy halves from 1965 to 1970 are 40% silver.
- Where is the mint mark on a 1987 Kennedy Half Dollar?
- On the obverse, below Kennedy's portrait and above the date. On this coin the mark is P, for Philadelphia.
- Which Philadelphia dates near 1987 are scarcer?
- None. Within five years either side, no Philadelphia issue had a smaller mintage than the 1987-P.
- How many 1987-P Kennedy Half Dollar coins were made?
- 2,890,758.
What to check on your 1987-P
- Make sure the mint mark really is a P. A worn or filled mark can be misread. It's what separates your coin from the 1987-D (2.9 million made).
- Proof or circulation strike? A proof has mirror-like fields and frosted design details and was sold to collectors, not released in change. The 1987-S Kennedy Half Dollar Proof (4,227,728 made) is the one to compare with.
- A face that's fully copper colored could be a missing clad layer error. Patchy discoloration is usually damage.
- Judge the grade under good light. Check the hair above Kennedy's ear and the center of the eagle on the reverse.
With 3 million made, the 1987-P still turns up in everyday change. Keep yours only if it looks uncirculated or shows a variety; otherwise it's worth face value.
The story of the 1987-P
Production at Philadelphia fell off a cliff in 1987. Only 2,890,758 were made, against 13 million the year before. That drop is why the 1987-P is the one people look for. The next year it made 14 million (1988-P).
1987-D came to 2.9 million, so neither mint's 1987 coin is much scarcer than the other.
Philadelphia struck the Kennedy Half Dollar in 58 issues between 1964 and 2025. By mintage this one lands in the scarcer half, while the key for that mint is the 2008-P (1,700,000). No Kennedy Half Dollar of the 1980s had a smaller run.
Eagle reverse and dwindling demand (1977 to 2001)
The eagle reverse returned in 1977. Halves saw little use in commerce and mintages fell into the tens of millions, then lower. The 1982 Philadelphia issue includes a variety missing Gasparro's FG initials from the reverse. In 1987 no halves were made for circulation; the 2,890,758 coins from each mint went only into uncirculated sets.
Silver proofs in 90 percent silver returned in 1992. A 1998-S matte finish silver half, 64,141 struck, was sold in a set honoring Robert F. Kennedy and is one of the scarcest modern Kennedys. Circulation strikes of this period often show bag marks from handling in large bags. Well-preserved examples of the low mintage dates, such as 1987, are worth seeking. The 1999 Philadelphia run of 8.9 million was also small.
How to recognize it
Gilroy Roberts' portrait shows John F. Kennedy facing left with LIBERTY above, IN GOD WE TRUST below and the date at the bottom. The reverse, by Frank Gasparro, is based on the Presidential seal: an eagle holding arrows and an olive branch surrounded by a ring of 50 stars. The mint mark was on the reverse in 1964 and has been below Kennedy's neck since 1968.
Mintage chart
Specifications
| Series | Kennedy Half Dollar (1964–present) |
|---|---|
| Year | 1987 |
| Mint | Philadelphia Mint |
| Mint mark | "P" |
| Strike type | Circulation strike |
| Mintage | 2,890,758 |
| Face value | 50¢ |
| Composition | Copper core clad in 75% copper / 25% nickel |
| Weight | 11.34 grams |
| Diameter | 30.61 mm |
| Edge | Reeded |
| Designer | Gilroy Roberts (obverse); Frank Gasparro (reverse) |
Other 1987 Kennedy Half Dollar issues
| Coin | Mintage | Type | Silver |
|---|---|---|---|
| 1987-P Kennedy Half Dollar | 2,890,758 | Circulation strike | – |
| 1987-D Kennedy Half Dollar | 2,890,758 | Circulation strike | – |
| 1987-S Kennedy Half Dollar Proof | 4,227,728 | Proof | – |
Mintage: Kennedy half dollar mintage figures (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.