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: $22.01 (8/7/2020)
Diameter: 38.1mm
Edge: Reeded
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1878 7TF REV OF 79 $1 PF obverse 1878 7TF REV OF 79 $1 PF reverse
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Description & Analysis

In 1878, the brand new Morgan dollar design made its debut. The original design featured an eagle with 8 tail feathers. However, it was soon discovered that this was an incorrect number as bald eagles always have an uneven number of tail feathers. Some 500 proof Morgan dollars were struck with the 8TF design before the change was made.

Another change was made for 1879, which involved some modifications to the reverse. These changes include making the Eagle's breast more rounded and changing the parallel top arrow feather to a slanted one. Most 7TF reverse proof Morgans struck in 1878 feature the reverse of 1878, and it is estimated that the number of those struck with the reverse of 1879 is perhaps 50 or less.

GRADE SUMMARY

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Price Guide

Last Updated: 6/14/2019

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

1878 7TF REV OF 79 $1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 16750 21800 32500 70000 140000 - - - - - -
1878 7TF REV OF 79 $1 PF CA
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - - 190000 - - - - - -

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: 4
Low Grade: 60
Average Grade: 62
High Grade: 64

The chart showing 60 series, 61 series, 62 series, 63 series, 64 series.
NGC CENSUS DETAIL Last Updated: 8/4/2020 1878 7TF REV OF 79 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------11-11------4
-----------------------
-----------------------
-----------------------
Total-----------11-11------4
 -----------25%25%-25%25%------ 
1878 7TF REV OF 79 $1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------------------
-----------------------
---------------1------1
-----------------------
Total---------------1------1
 ---------------100%------ 

NGC Registry

NGC Registry Score 1878 7TF REV OF 79 $1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970
Base522753405454557056885808593060536179630664356567727689491154115006153091599416702174331864822825
52655378549356095728584959716095622163496479680378349813126961510715537162301694617838200400
0000005971609562216349647968037834981312696151071553716230169461783800
00000060126137626463926523704083911067713851152081576616466171891824300
1878 7TF REV OF 79 $1 PF UC
 PrAgGVGFVF4045505355586061626364656667686970
Base553856565775589660196144627164006530666367986934767294101209715309159941670217433181871944123744
557756965815593760616186631464436574670868437180825110306131681553716230169461768418605208750
00000063146443657467086843718082511030613168155371623016946176841860500
00000063576487661967536889742688311120114238157661646617189179361902300
1878 7TF REV OF 79 $1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base502351325243535654715587570558255947607161976324701481531078813606148551552516217169321812222213
50595169528153945510562657455866598861136239655473949031117271402215078157561645517329194860
0000005745586659886113623965547394903111727140221507815756164551732900
0000005785590660306155628267847773991012667144391530215986166941772500
Registry Image Gallery
Grade: PF 64 CAMEO
Points: 15107
Owner: FloridaFacelifter
 
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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.