Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 9,759,550
Catalog: KM-110
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $12.06 (11/29/2014)
Diameter: 38.1mm
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1878 7/8TF STRONG S$1 MS obverse 1878 7/8TF STRONG S$1 MS reverse


  
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Description & Analysis

The extreme pressure that the Bland-Allison Act placed upon the Mint is evident in the haste with which the first Morgan dollars dies were prepared. While the details of Morgan's design were being finalized, several dies were overpunched with the new 7 tail feathers hub. The coins that the Philadelphia Mint struck from these dies have been among the most widely sought examples in this popular series.


Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.

GRADE SUMMARY

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Price Guide

Last Updated: 2/10/2014

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

1878 7/8TF STRONG S$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 33.00 34.00 35.00 37.00 39.00 39.00 46.00 52.00 58.00 75.00 120 185 210 310 500 2550 16000 33130 - - -
$ 45.00 52.00 58.00 65.00 85.00 135 205 235 345 625 3500 18750 35800 -
1878 7/8TF STRONG S$1 MS Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 165 235 270 400 850 3550 - - - - -
$ - - - - - 185 260 300 450 950 4000 - - -
1878 7/8TF STRONG S$1 MS Deep Prooflike
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - 200 275 575 1300 5400 20000 25000 - - - -
$ - - - - - 220 310 690 1750 6500 22500 - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 5274
Low Grade: VG
Average Grade: 62
High Grade: 66


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/16/2003 PCGS MS 64   Teletrade Auction 1806, 1806/Lot# 1321 $352.00
8/25/2008 NGC MS 61   David Lawrence Rare Coins Monday - Internet Auction # 277, 283/Lot# 1089 $108.10
9/19/2010 NGC Details UNC Details  Goldberg September 19-21, 2010 Pre-Long Beach Coin Auction, 60/Lot# 1685 $74.75
10/14/2012 PCGS MS 63   GreatCollections GreatCollections Coin Auctions 10/14/2012, 44/Lot# 74525 $275.00
12/16/2012 NGC MS 63   Heritage Auctions Internet Coin Auction Session(2), 131252/Lot# 24845 $235.00
7/14/2013 NGC MS 62   Heritage Auctions Internet Coin Auction Session(2), 131330/Lot# 23120 $170.38
7/27/2013 PCGS MS 64   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 30711 $374.83
1/19/2014 PCGS MS 63   Heritage Auctions Internet Coin Auction Session(2), 131404/Lot# 26643 $246.75


NGC Registry

NGC Registry Score 1878 7/8TF STRONG S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base139147151159163175183194212234295423588637829113827056238825989611959836191
141148153160167177186200219254337478604701932166038826911849312506251290
00000018620021925433747860470193216603882691184931250600
000000190206226274380533620765103521825060758587271605200
1878 7/8TF STRONG S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1471631671751791831942122342553205466427641094149432126478855492752423344820
1521641691761801862002192412763955786828741227206643007170879414261310950
000000200219241276395578682874122720664300717087941426100
000000206226248298470610723984136026395389786290341924700
1878 7/8TF STRONG S$1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base127183186198201205216237258285357602692112418213945669477708889129903727969130
145184190199202208223244267309438632836135625294861705281431025621086478960
00000022324426730943863283613562529486170528143102562108600
00000023025127633352066298015883237577774118516116232918200
Registry Image Gallery
Grade: MS 66 DPL
Points: 8143
Owner: AYWP
 
Grade: MS 62
Points: 3525
Owner: GSA_Gem_Quest
 
View the Registry Image Gallery

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