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: $13.63 (10/18/2019)
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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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: 8/16/2019

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 90.00 100.00 110 135 155 270 775 3650 - - - -
$ - - - - - - 120 145 200 355 1600 19500 - -
1878 7TF REV OF 78 $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - 100.00 115 150 230 260 585 1690 12500 - - - -
$ - - - - - - - - 310 700 2750 - - -
1878 7TF REV OF 78 $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 190 300 425 650 1750 8000 38500 - - - -
$ - - - - - - - - 785 3500 15000 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 17713
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: 10/8/2019 1878 7TF REV OF 78 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base477321501311641141472313532151036307563183948482281---16443
------------1527157-----55
-------------138065121----171
---------------12-----3
Total477321501311641141472313532151037309364254029503291---16672
 0 %0 %0 %0 %1 %1 %1 %1 %1 %1 %2 %1 %6 %19 %39 %24 %3 %0 %0 %--- 
1878 7TF REV OF 78 $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------171367234318254255----924
--------------21------3
--------------321-----6
-----------------------
Total---------171367234323257265----933
 ---------0 %1 %1 %7 %25 %35 %28 %3 %1 %---- 
1878 7TF REV OF 78 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1418591351218-----346
----------------1-----1
--------------1-1-----2
-----------------------
Total----------14185913612110-----349
 ----------0 %1 %5 %17 %39 %35 %3 %----- 

Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
10/23/2019 MS 64   Heritage Auctions Tuesday & Wednesday US Coins Weekly Online Auction Session(2), 131943/Lot# 27564


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/24/2004 NGC MS 65   Teletrade Auction 1861, 1861/Lot# 1364 $1,072.50
1/3/2005 NGC MS 64   David Lawrence Rare Coins Year End Internet-Only Auction, 27/Lot# 711 $218.50
5/29/2011 PCGS MS 65   Bonhams Coins and Banknotes, 19158/Lot# 1066 $877.00
4/2/2012 NGC MS 63   Prooflike Champion Hong Kong Champion Auction 17, 160/Lot# 313 $2,832.00
5/27/2012 PCGS MS 61   Goldberg May 27-31, 2012 The May Pre-Long Beach Auction, 69/Lot# 671 $97.75
10/7/2012 NGC MS 62   Heritage Auctions Internet Coin Auction Session(2), 131242/Lot# 20613 $79.00
5/5/2013 PCGS MS 65   GreatCollections GreatCollections Coin Auctions 05/05/2013, 73/Lot# 112347 $1,100.00
8/4/2013 PCGS MS 64   Heritage Auctions Internet Coin Auction Session(2), 131333/Lot# 29090 $188.00
6/2/2014 NGC AU 53   Stack's Bowers iAuction 3484, 6033/Lot# 20301 $70.50


NGC Registry

NGC Registry Score 1878 7TF $1 MS REV OF 78 Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base131135175175179179179190201220237285471563785112424334615541783152063838565
132148175176179179182193207225253347501637898156031604882638312422266130
00000018219320722525334750163789815603160488263831242200
000000186197213231269409532711101119963887514973491653000
1878 7TF $1 MS REV OF 78 Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base15516318319820120120120920923025540954669210662219502260898859122283038056942
1571691881992012012032092162383064545948161450315353777012998218278392340
000000203209216238306454594816145031535377701299821827800
0000002062092232463575006439411834408757337935111052432900
1878 7TF $1 MS REV OF 78
 PrAgGVGFVF4045505355586061626364656667686970
Base12313115915916316316316716718620523729535440672518784055706274871748032658
125140159160163163164167173192215256314371512110926035057720310818225390
00000016416717319221525631437151211092603505772031081800
00000016516717919822627533438861814933329605973451414900
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2377
US Type Set, including Modern Issues 800
Morgan Dollars, 1878-1921, One-Per-Date 672
Basic US Type Set, No Gold (7070) 518
Basic US Type Set, with Gold (7070 + Page 5) 470
US Type Set, 1792-1964 361
Silver & Clad Dollar Type Set 323
Morgan Dollars, 1878-1921, Complete 246
Morgan Dollars, 1878-1921, One-Per-Mint 167
Morgan Dollars, 1878-1921, PL and DPL Only 151
Morgan Dollars, 1878-1921, Top-100 VAMs 116
19th Century Series Type Set, Non-Proofs Only 105
Morgan Dollars, 1878-1921, Circulated Coins Only 88
US Type Set, 1792-1964, Circulated Coins Only 74
19th Century Series Type Set, Non-Proofs Only - No Gold 67
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 66
Morgan Dollars, 1878-1921, Hot 50 VAMs 63
19th Century Series Type Set, Proofs & Non-Proofs 63
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 58
Basic US Type Set, No Gold (7070), Circulated Coins Only 46
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 36
Morgan Dollars, 1878 7/8 Tailfeather VAMs 32
19th Century Series Type Set, Circulated Coins Only 32
1878 Mint Set 31
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 28
Morgan Dollars, 1878-1921, Hit List 40 VAMs 26
19th Century Series Type Set, Circulated Coins Only (No Gold) 23
Morgan Dollars, 1878 B1 Reverse VAMs 19
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 3
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 2
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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