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: $12.69 (5/23/2018)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

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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Price Guide

Last Updated: 3/21/2018

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

1878 7/8TF STRONG $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 33.00 34.00 35.00 37.00 39.00 46.00 52.00 62.50 80.00 175 220 250 310 525 2150 10750 34000 - - -
$ - - - - 90.00 - 235 275 350 725 3500 - - -
1878 7/8TF STRONG $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 190 245 300 450 1050 3950 - - - - -
$ - - - - - - - 335 525 1425 - - - -
1878 7/8TF STRONG $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 230 300 550 1500 5650 21000 26000 - - - -
$ - - - - - - 325 715 2150 6500 - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 5945
Low Grade: VG
Average Grade: 62
High Grade: 67

The chart showing 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: 5/21/2018 1878 7/8TF STRONG $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--2121921264885111733371346214812079851---5539
-------------394-1----17
-------------633164-----59
----------------1-----1
Total--21219212648851117333713552190122710361---5616
 --0 %0 %0 %0 %0 %0 %1 %2 %2 %1 %6 %24 %39 %22 %2 %0 %0 %--- 
1878 7/8TF STRONG $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------12625861046810-----302
-----------------------
--------------32------5
-----------------------
Total---------12625861077010-----307
 ---------0 %1 %2 %8 %28 %35 %23 %3 %----- 
1878 7/8TF STRONG $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------292842212-----104
-----------------1----1
-----------------------
-----------------------
Total-----------2928422121----105
 -----------2 %9 %27 %40 %20 %2 %1 %---- 

Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/25/1998 PCGS MS 61   Teletrade Auction 1035, 1035/Lot# 1726 $76.30
3/17/2008 NGC MS 62   David Lawrence Rare Coins Monday - Internet Auction # 230, 236/Lot# 818 $138.00
9/4/2011 PCGS MS 62   Goldberg September 4-6, 2011 The Pre-Long Beach Auction, 65/Lot# 1518 $184.00
7/27/2013 NGC MS 65   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 2523 $1,762.50
4/13/2014 NGC MS 64   GreatCollections GreatCollections Coin Auctions 04/13/2014, 181/Lot# 186469 $374.00
1/11/2015 PCGS MS 64   Heritage Auctions Internet Coin Auction Session(2), 131503/Lot# 26084 $446.50
2/20/2018 PCGS MS 63   Heritage Auctions Internet Coin Auction Session(1), 131809/Lot# 27603 $186.00


NGC Registry

NGC Registry Score 1878 7/8TF $1 MS STRONG Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1471631671751791831942122342553205466427641094149432126478855492752423344820
1521641691761801862002192412763955786828741227206643007170879414261310950
000000200219241276395578682874122720664300717087941426100
000000206226248298470610723984136026395389786290341924700
1878 7/8TF $1 MS STRONG Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base127183186198201205216237258285357602692112418213945669477708889129903727969130
145184190199202208223244267309438632836135625294861705281431025621086478960
00000022324426730943863283613562529486170528143102562108600
00000023025127633352066298015883237577774118516116232918200
1878 7/8TF $1 MS STRONG
 PrAgGVGFVF4045505355586061626364656667686970
Base139147151159163175183194212234295423588637829113827056238825989611959836191
141148153160167177186200219254337478604701932166038826911849312506251290
00000018620021925433747860470193216603882691184931250600
000000190206226274380533620765103521825060758587271605200
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2012
US Type Set, including Modern Issues 677
Morgan Dollars, 1878-1921, One-Per-Date 525
Basic US Type Set, No Gold (7070) 436
Basic US Type Set, with Gold (7070 + Page 5) 421
Silver & Clad Dollar Type Set 277
US Type Set, 1792-1964 277
Morgan Dollars, 1878-1921, PL and DPL Only 132
Morgan Dollars, 1878-1921, Complete 128
Morgan Dollars, 1878-1921, Top-100 VAMs 101
19th Century Series Type Set, Non-Proofs Only 88
Morgan Dollars, 1878-1921, One-Per-Mint 74
19th Century Series Type Set, Non-Proofs Only - No Gold 56
19th Century Series Type Set, Proofs & Non-Proofs 52
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 52
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 38
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 35
Morgan Dollars, 1878 7/8 Tailfeather VAMs 27
1878 Mint Set 25
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 25
US Type Set, 1792-1964, Circulated Coins Only 25
Morgan Dollars, 1878-1921, Circulated Coins Only 19
Basic US Type Set, No Gold (7070), Circulated Coins Only 19
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 17
Morgan Dollars, 1878-1921, Hit List 40 VAMs 16
19th Century Series Type Set, Circulated Coins Only 15
19th Century Series Type Set, Circulated Coins Only (No Gold) 15
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 10
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 3
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 2
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 1
Morgan Dollar VAM Varieties 0
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 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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