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: $12.79 (5/26/2018)
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: 12/21/2017

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

1878 7TF REV OF 78 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 29.00 35.00 36.00 37.00 38.00 40.00 41.00 52.50 65.00 95.00 110 135 160 270 1000 5250 - - - -
$ - - - - - - 120 145 175 330 1825 16500 - -
1878 7TF REV OF 78 $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - 70.00 105 170 230 285 550 2150 17000 - - - -
$ - - - - - - - - 310 700 2750 - - -
1878 7TF REV OF 78 $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 145 200 340 550 2450 9750 - - - - -
$ - - - - - - - - 750 3250 15000 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 16917
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: 5/21/2018 1878 7TF REV OF 78 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base36731139125158109137216331196964286659793889513291---15699
------------14271571----55
-------------147061131----159
---------------12-----3
Total36731139125158109137216331196965288460763966535311---15916
 0 %0 %0 %0 %1 %1 %1 %1 %1 %1 %2 %1 %6 %18 %38 %25 %3 %0 %0 %--- 
1878 7TF REV OF 78 $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------171261211297253265----873
--------------21------3
--------------321-----6
-----------------------
Total---------171261211302256275----882
 ---------0 %1 %1 %7 %24 %34 %29 %3 %1 %---- 
1878 7TF REV OF 78 $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1418571361209-----345
----------------11----2
--------------11------2
-----------------------
Total----------141857137121101----349
 ----------0 %1 %5 %16 %39 %35 %3 %0 %---- 

Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/10/2004 NGC MS 63   Teletrade Auction 1855, 1855/Lot# 1518 $104.50
2/12/2005 PCGS MS 65   Heritage Auctions Continuous Internet Auction #65023, 65023/Lot# 24855 $933.80
5/24/2009 PCGS MS 64   Goldberg May 24-27, 2009 Pre-Long Beach Coin and Currency Auction, 53/Lot# 664 $373.75
8/22/2010 NGC MS 64   Prooflike Champion Hong Kong Champion Ultima Auction 11, 157/Lot# 4 $3,068.00
5/29/2011 PCGS MS 65   Bonhams Coins and Banknotes, 19158/Lot# 1066 $877.00
8/12/2012 NGC MS 63   Heritage Auctions Internet Coin Auction Session(2), 131234/Lot# 25046 $94.00
8/26/2012 NGC MS 63   Heritage Auctions Internet Coin Auction Session(1), 131236/Lot# 28207 $84.00
12/2/2012 PCGS MS 63   David Lawrence Rare Coins Internet Auction # 728, 737/Lot# 10185 $115.00
6/29/2014 NGC MS 62   GreatCollections GreatCollections Coin Auctions 06/29/2014, 187/Lot# 186225 $190.00
7/11/2014 NGC MS 63   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 6309 $111.63


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 2012
US Type Set, including Modern Issues 677
Morgan Dollars, 1878-1921, One-Per-Date 526
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
Morgan Dollars, 1878-1921, Hot 50 VAMs 59
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
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
Morgan Dollars, 1878 B1 Reverse VAMs 17
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
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 3
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 0
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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