1987 Canada Dollar Value
In the current market, a 1987 Canada Dollar changes hands for roughly its melt value at the low end and well into four figures at the top. See the grade table below for exactly where your coin falls.
1987 Canada Dollar value by grade
| Grade | Estimated value |
|---|
Estimated retail range. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.
How much is a 1987 Canada Dollar worth today?
Pricing for the 1987 Canada Dollar depends on grade and current collector demand.
1987 Canada Dollar specifications
- Series
- Canada Coinage
- Year
- 1987
- Mint mark
- None (Philadelphia)
- Mintage
- Not recorded
- Composition
- Nickel
- Weight
- 15.735 g
- Diameter
- 32 mm
No mint mark? Here is why
The 1987 Canada Dollar was struck at the Philadelphia Mint, which used no mint mark in this era. If you find no letter where branch-mint coins carry one (check the usual position for this series), you are holding a Philadelphia issue.
Why the 1987 Canada Dollar is worth money
Context adds the final layer to the 1987 Canada Dollar. Documented Canada coin types preserved in museum collections, with measured specifications for each date, denomination and mint. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.
For the 1987 Canada Dollar, surviving examples tell the story that mint records do not. Museum-documented specimens define the issue for collectors.
1987 Canada Dollar inscriptions & design
Obverse
ELIZABETH II DEI GRATIA REGINA
middle-aged crowned and draped bust of the Queen, facing right
Reverse
CANADA DOLLAR
An Indian and a voyageur, a travelling agent for a fur company, paddling a canoe by an islet on which there are two wind-swept trees; in the canoe are bundles of goods; the bundle at the right has HB, representing the Hudson's Bay Company. The vertical lines in the background represent the northern lights.
Measured 1987 Canada Dollar specimens
8 physically measured 1987 Canada Dollar examples in our reference database. Real measured weights and die axes let you authenticate a coin against the 15.735 g, 32 mm minting standard.
| Specimen | Weight | Diameter | Die axis | References |
|---|---|---|---|---|
| 1987 Canada Dollar #1 | 15.675 g | 32 mm | - | KM.Canada.120 |
| 1987 Canada Dollar #2 | 15.658 g | 32 mm | - | KM.Canada.120 |
| 1987 Canada Dollar #3 | 15.735 g | 32 mm | - | KM.Canada.120 |
| 1987 Canada Dollar #4 | 7.083 g | 27 mm | - | KM.Canada.157 |
| 1987 Canada Dollar #5 | 23.337 g | 36 mm | - | KM.Canada.154 |
| 1987 Canada Dollar #6 | 23.315 g | 36 mm | - | KM.Canada.154 |
| 1987 Canada Dollar #7 | 23.49 g | 36 mm | - | KM.Canada.154 |
| 1987 Canada Dollar #8 | - | - | - | KM.157 |
Specifications compiled from documented museum specimens. See our data & methodology page.