Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $18.78 (12/5/2020)
Diameter: 38.1mm
Edge: Reeded
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1878 7/8TF STRONG $1 MS obverse 1878 7/8TF STRONG $1 MS reverse
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Description & Analysis

The Bland-Allison Act called for the minting of vast numbers of silver dollars. The Mint had to rush through production in order to strike enough coins to meet quotas. Therefore, when the mint made a change from an 8-tail feather design to one with only 7, some dies were actually simply re-hubbed with the new 7TF design. Often, the feather tips of the 8-tail feather design can be seen protruding from the bottom of the eagle. This has created numerous popular varieties which are widely sought.

GRADE SUMMARY

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Use the scroll bar at the bottom of this box to view a summary of the NGC Price Guide, NGC Census, Auction Prices Realized and NGC Registry Scores for each grade.

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NGC CENSUS
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Price Guide

Last Updated: 10/16/2020

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

1878 7/8TF STRONG $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 40.00 45.00 55.00 65.00 80.00 90.00 100.00 110 125 200 225 250 330 515 2000 8000 34000 - - -
$ 85.00 95.00 105 115 145 210 235 265 365 600 2875 - - -
1878 7/8TF STRONG $1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 220 240 350 450 975 5000 - - - - -
$ - - - - - 230 275 385 525 1100 - - - -
1878 7/8TF STRONG $1 MS DPL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 250 350 500 1100 4000 12000 21000 - - - -
$ - - - - - 275 375 675 1850 5250 - - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 6343
Low Grade: PrAg
Average Grade: 62
High Grade: 67

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 12/1/2020 1878 7/8TF STRONG $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base3-212413242955951277938214822272122910251---5925
-------------396-1----19
-------------736167-----66
----------------1-----1
Total3-212413242955951277938214922317125111061---6011
 0%-0%0%0%0%0%0%1%2%2%1%6%25%39%21%2%0%0%--- 
1878 7/8TF STRONG $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------12628911046710-----309
-----------------------
--------------22------4
-----------------------
Total---------12628911066910-----313
 ---------0%1%2%9%29%34%22%3%----- 
1878 7/8TF STRONG $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------21030432121----109
-----------------1----1
--------------1-------1
-----------------------
Total-----------21030442122----111
 -----------2%9%27%40%19%2%2%---- 

NGC Registry

NGC Registry Score 1878 7/8TF STRONG $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base1471631671751791831942122342553205466427641094149432126478855492752423344820
15216416917618018620021924127639557868287412272066430071708794142613109547061
000000200219241276395578682874122720664300717087941426100
000000206226248298470610723984136026395389786290341924700
1878 7/8TF STRONG $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base127183186198201205216237258285357602692112418213945669477708889129903727969130
1461841901992022092232442673094396328361356252948617053814310256210864789672587
00000022324426730943963283613562529486170538143102562108600
00000023025127633352066298015893237577874118516116232918300
1878 7/8TF STRONG $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base139147151159163175183194212234295423588637829113827056238825989611959836191
1411481531601671771862002192543374786047019321660388269118493125062512938001
00000018620021925433747860470193216603882691184931250600
000000190206226274380533620765103521825060758587271605200
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 3121
US Type Set, including Modern Issues 1089
Morgan Dollars, 1878-1921, One-Per-Date 1043
Basic US Type Set, No Gold (7070) 706
Basic US Type Set, with Gold (7070 + Page 5) 624
US Type Set, 1792-1964 570
Morgan Dollars, 1878-1921, Complete 524
Morgan Dollars, 1878-1921, One-Per-Mint, Mint State 460
Silver & Clad Dollar Type Set 416
Morgan Dollars, 1878-1921, Circulated Coins Only 230
US Type Set, 1792-1964, Circulated Coins Only 203
Morgan Dollars, 1878-1921, PL and DPL Only 181
19th Century Series Type Set, Non-Proofs Only 151
Morgan Dollars, 1878-1921, Top-100 VAMs 143
Basic US Type Set, No Gold (7070), Circulated Coins Only 133
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 122
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 108
19th Century Series Type Set, Proofs & Non-Proofs 108
19th Century Series Type Set, Non-Proofs Only - No Gold 105
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 100
19th Century Series Type Set, Circulated Coins Only 87
19th Century Series Type Set, Circulated Coins Only (No Gold) 55
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 47
1878 Mint Set 39
Morgan Dollars, 1878-1921, Hit List 40 VAMs 37
Morgan Dollars, 1878 7/8 Tailfeather VAMs 35
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 32
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 29
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 17
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 14
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 5
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 3
Morgan Dollar VAM Varieties 0
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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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.