The item is a silver coin, specifically an American Silver Eagle, dated 1987. The obverse side, which is visible, features Adolph A. Weinman's "Walking Liberty" design. Lady Liberty is depicted walking towards the viewer's left, her body turned slightly right, with her right arm extended forward and her left arm carrying branches of laurel and oak. She is draped in a flowing gown, and her hair appears to be in motion. The sun is rising behind her on the left side, visible as radiating lines. The year '1987' is prominently displayed at the bottom edge of the coin. To the right of Lady Liberty, partially obscured, are the words "IN GOD WE TRUST". The coin exhibits a bright, lustrous surface characteristic of silver, suggesting a high-quality strike, possibly proof or uncirculated condition. It is housed within a clear, rigid plastic coin capsule or holder, which protects its surface from environmental damage and handling. The reeded edge of the coin is visible along the bottom, indicating its genuine coinage nature. No significant wear, scratches, or discoloration are apparent, consistent with a well-preserved collector's item. The craftsmanship is highly detailed, visible in the fine lines of Liberty's gown and hair. The overall impression is one of excellent preservation and quality.

Upon visual examination of the provided image, I can confirm this is a 1987 American Silver Eagle coin. The obverse prominently displays Adolph A. Weinman's "Walking Liberty" design, with Lady Liberty striding forward, bearing laurel and oak branches, and the sun rising behind her. The year '1987' is clearly legible at the bottom. The inscription "IN GOD WE TRUST" is partially visible. The coin's surface appears bright and lustrous, suggesting an uncirculated or near-uncirculated condition, possibly MS-69 to MS-70, although a definitive grade cannot be assigned from an image alone. It is well-preserved within a clear protective capsule, showing no obvious signs of wear, scratches, or discoloration that would significantly detract from its value. The reeded edge is consistent with genuine coinage. American Silver Eagles are highly liquid and collectible, with values primarily driven by their silver content, specific year, condition, and any special designations (e.g., proof, burnished, or graded examples). The 1987 mintage of uncirculated coins was substantial, at 11,442,300, making it a common date. Current market conditions for uncirculated 1987 ASEs typically command a premium over the spot price of silver. Comparables for uncirculated examples generally fall in the $45-$65 range, depending on the exact grade. Demand for American Silver Eagles remains consistently strong due to their bullion value and collector appeal, but the 1987 issue is not considered rare. The primary factor impacting its value is its excellent apparent condition. However, it's crucial to acknowledge the limitations of image-only appraisal. While authenticity appears certain from the design, an in-person examination would be necessary to confirm the coin's exact weight, diameter, and metallic composition to rule out counterfeiting beyond visual inspection. Furthermore, a professional grading by a third-party service (e.g., PCGS, NGC) would provide a definitive condition grade and enhance market liquidity and value. I cannot verify specific mint marks or varieties from the provided view, which might also influence value.