Assuming the coin is circulated, the 1887-S half eagle is a common date coin. For an accurate assessment of value the coin needs to be seen and graded. Most coins show a lot of wear. In general retail values for low grade coins are $324.00-$372.00, better grade are $408.00-$420.00 and coins showing almost no wear run from $432.00-$480.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched or have been cleaned have far less value if any to a collector or dealer
$575.00 to $625 in circulated condition
August 2011>> As of August 2011 the value of a 1887 US dollar graded MS-63 is $73.
The coin is worth about $14.00 as of today just for the silver, if it's in a collectible circulated condition, value is $17.00-$26.00. For Morgan dollars 1887 is a very common year.
Assuming the coin is circulated and has no mintmark, the 1887 Morgan dollar is common. The retail values are $32.00-$39.00 depending on condition. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelery or have been cleaned have far less value if any to a collector or dealer.
A very common Morgan retail value in MS-60 $34.00/ MS-63 $58.00/MS-65 $156.00
A 1887 Morgan Silver Dollar in fine condition (F12) is worth: $23.00. In a mint state of MS60, the value rises to: $40.00
The value depends on the denomination and condition. An 1887 farthing is going to have a different value than an '87 shilling.
As of 10/2008 an 1896 Morgan/Liberty Head Silver Dollar minted in Philadelphia in fine condition is worth $18.00, uncirculated is worth $34.00, proof is worth $1,300.00 It is a fairly common date - it would be worth $17 - $22 in circulated condition, and perhaps $35 - $70 in uncirculated condition (depending on just how uncirculated it was - you'd need a dealer or other specialist to judge the condition for you).
The 1887 Morgan dollar is common, circulated coins have retail values of $17.00-$26.00. Mint State coins are in the $30.00-$50.00 range.
In circulated condition this coin's value is mostly determined by the fact that it's made of a 90% gold alloy. Numismedia lists the following approximate retail values as of 04/2010: Very worn condition - $126 Moderately worn - $162 Slightly worn - $214 Almost no wear - $306 Uncirculated - $460 to $13,980 depending on quality
According to coin trackers it is estimated the value is an average of 34.00.
Please look at the coin again. No 1887 Morgans exist with CC mintmarks.