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: $20.78 (9/20/2020)
Diameter: 38.1mm
Edge: Reeded
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1878 7TF REV OF 78 $1 MS obverse 1878 7TF REV OF 78 $1 MS reverse
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Description & Analysis

The 1878 7-Tailfeather Morgan dollar comes in two variations. The first has an eagle with a flat breast, and a parallel top arrow feather, which is denoted the reverse of 1878. This is by far the most common variety of 1878 Morgan dollar. The other variety, denoted reverse of 1879, features an eagle with a convex breast and a slanted top arrow feather. It is estimated that perhaps around 1.5 million were struck using this new reverse, which makes it quite popular with collectors and cherry pickers.

GRADE SUMMARY

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Price Guide

Last Updated: 7/17/2020

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

1878 7TF REV OF 78 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 35.00 40.00 45.00 55.00 65.00 75.00 80.00 85.00 90.00 100.00 110 135 155 290 775 3450 - - - -
$ - - - - - - 120 145 200 300 1500 19500 - -
1878 7TF REV OF 78 $1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - 100.00 115 150 230 260 500 1700 10000 - - - -
$ - - - - - - - - 310 700 2750 - - -
1878 7TF REV OF 78 $1 MS DPL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 190 300 425 650 1500 7000 38500 - - - -
$ - - - - - - - - 785 3000 13000 - - -

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: 18009
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: 9/15/2020 1878 7TF REV OF 78 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base487321531331701161512423672231067314563933965512292---16719
------------1528167-----57
-------------158267113----178
---------------12-----3
Total487321531331701161512423672231068316565034049532322---16957
 0%0%0%0%1%1%1%1%1%1%2%1%6%19%38%24%3%0%0%--- 
1878 7TF REV OF 78 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------171371245322254255----943
--------------21------3
--------------313-----7
---------------1------1
Total---------171371245327257285----954
 ---------0%1%1%7%26%34%27%3%1%---- 
1878 7TF REV OF 78 $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------14185913512181----347
----------------1-----1
--------------1-------1
-----------------------
Total----------14185913612191----349
 ----------0%1%5%17%39%35%3%0%---- 

NGC Registry

NGC Registry Score 1878 7TF REV OF 78 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base131135175175179179179190201220237285471563785112424334615541783152063838565
132148175176179179182193207225253347501637898156031604882638312422266130
00000018219320722525334750163789815603160488263831242200
000000186197213231269409532711101119963887514973491653000
1878 7TF REV OF 78 $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base15516318319820120120120920923025540954669210662219502260898859122283038056942
1571691881992012012032092162383064545948161450315353777012998218278392340
000000203209216238306454594816145031535377701299821827800
0000002062092232463575006439411834408757337935111052432900
1878 7TF REV OF 78 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base12313115915916316316316716718620523729535440672518784055706274871748032658
125140159160163163164167173192215256314371512110926035057720310818225390
00000016416717319221525631437151211092603505772031081800
00000016516717919822627533438861814933329605973451414900
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2933
US Type Set, including Modern Issues 1039
Morgan Dollars, 1878-1921, One-Per-Date 975
Basic US Type Set, No Gold (7070) 679
Basic US Type Set, with Gold (7070 + Page 5) 600
US Type Set, 1792-1964 528
Morgan Dollars, 1878-1921, Complete 472
Morgan Dollars, 1878-1921, One-Per-Mint, Mint State 409
Silver & Clad Dollar Type Set 401
Morgan Dollars, 1878-1921, Circulated Coins Only 207
US Type Set, 1792-1964, Circulated Coins Only 186
Morgan Dollars, 1878-1921, PL and DPL Only 168
19th Century Series Type Set, Non-Proofs Only 145
Morgan Dollars, 1878-1921, Top-100 VAMs 136
Basic US Type Set, No Gold (7070), Circulated Coins Only 122
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 110
19th Century Series Type Set, Proofs & Non-Proofs 103
19th Century Series Type Set, Non-Proofs Only - No Gold 100
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 96
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 96
19th Century Series Type Set, Circulated Coins Only 76
Morgan Dollars, 1878-1921, Hot 50 VAMs 67
19th Century Series Type Set, Circulated Coins Only (No Gold) 52
1878 Mint Set 36
Morgan Dollars, 1878 7/8 Tailfeather VAMs 33
Morgan Dollars, 1878-1921, Hit List 40 VAMs 33
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 29
Morgan Dollars, 1878 B1 Reverse VAMs 20
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 14
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 3
Registry Image Gallery
Grade: MS 65 DPL
Points: 5022
Owner: Mirrored Morgan
 
Grade: MS 66 PL
Points: 4615
Owner: John Lab
 
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.