Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 749,500
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $11.61 (6/19/2019)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1878 8TF $1 MS obverse 1878 8TF $1 MS 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. Only three-quarters of a million Morgans were struck with the 8TF design before the change was made, making this a rare and popular type for the Morgan dollar series.

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: 5/30/2019

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

1878 8TF $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 40.00 45.00 65.00 80.00 100.00 115 125 135 145 175 240 255 290 525 1650 6000 64000 - - -
$ - - - - - - 245 265 325 650 2100 14000 - -
1878 8TF $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - 150 160 235 280 325 475 860 2500 - - - - -
$ - - - - - - 300 355 520 1300 - - - -
1878 8TF $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 245 300 525 1500 5000 22500 58500 - - - -
$ - - - - - - 350 575 2000 - - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 13409
Low Grade: PrAg
Average Grade: 62
High Grade: 69

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, 68 series, 69 series.
NGC CENSUS DETAIL Last Updated: 6/19/2019 1878 8TF $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base37172196871399012317523920084330684486243638727--2-12446
-----------184110263387----260
-------------2965477-----148
-------------1-11-----3
Total37172196871399012317523920185131394653254743334--2-12857
 0 %0 %0 %0 %1 %1 %1 %1 %1 %1 %2 %2 %7 %24 %36 %20 %3 %0 %--0 %- 
1878 8TF $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------5613682592961129-----768
-------------133------7
-------------222------6
-----------------------
Total---------5613682623011179-----781
 ---------1 %1 %2 %9 %34 %39 %15 %1 %----- 
1878 8TF $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------294978534-----195
-----------------------
--------------1-------1
-----------------------
Total-----------294979534-----196
 -----------1 %5 %25 %40 %27 %2 %----- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
10/9/2006 NGC MS 64   Prooflike David Lawrence Rare Coins Internet Auction # 108, 113/Lot# 1517 $655.50
4/27/2011 NGC MS 63   Prooflike Heritage Auctions 2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction Session(4), 1154/Lot# 5588 $1,150.00
5/29/2011 PCGS MS 64   Goldberg May 29 - June 1, 2011 The Pre-Long Beach Auction of US, World Coins and Currency, 63/Lot# 928 $1,438.00
9/23/2012 NGC MS 62   GreatCollections GreatCollections Coin Auctions 09/23/2012, 41/Lot# 70244 $214.50
8/19/2013 PCGS MS 62   Teletrade Auction 3444, 3444/Lot# 1817 $164.50
7/11/2014 NGC MS 63   Stack's Bowers iAuction 3490, 6041/Lot# 20388 $252.63
10/17/2014 PCGS MS 63   Stack's Bowers iAuction 3504, 6058/Lot# 21195 $182.13
7/7/2016 PCGS MS 65   Heritage Auctions 2016 July 7 - 10 Summer FUN US Coins Signature Auction - Orlando Summer FUN Session(3), 1237/Lot# 4119 $2,115.00
8/10/2016 PCGS MS 64   Deep Prooflike Heritage Auctions 2016 August 10 - 14 ANA US Coins Signature Auction - Anaheim Session(4), 1238/Lot# 5158 $3,525.00


NGC Registry

NGC Registry Score 1878 8TF $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base151163167171175179186194201230308450615764109413452445515810455109732555947392
15516416817217618118819621025635550566487411771711334969231062715835328360
0000001881962102563555056648741177171133496923106271583500
0000001911982202824025607149841261207842538689108002069700
1878 8TF $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1751831861982012092122162652923365026679451483348673391011310928262383835671283
1771841901992032102132322743063915577591124215047708263103841603130277493310
000000213232274306391557759112421504770826310384160313027700
000000214248283321446612852130328186054918810656211343431600
1878 8TF $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base13914715115916316717117521624127837556365374511932261481710113106181395423004
1421481541601641681721892242533104385936848941549311365821028111730169710
000000172189224253310438593684894154931136582102811173000
0000001742022332663435006237141044190539658348104501284200
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2196
US Type Set, including Modern Issues 741
Morgan Dollars, 1878-1921, One-Per-Date 604
Basic US Type Set, No Gold (7070) 482
Basic US Type Set, with Gold (7070 + Page 5) 450
US Type Set, 1792-1964 317
Silver & Clad Dollar Type Set 300
Morgan Dollars, 1878-1921, Complete 189
Morgan Dollars, 1878-1921, PL and DPL Only 144
Morgan Dollars, 1878-1921, One-Per-Mint 125
Morgan Dollars, 1878-1921, Top-100 VAMs 107
19th Century Series Type Set, Non-Proofs Only 96
19th Century Series Type Set, Non-Proofs Only - No Gold 64
Morgan Dollars, 1878-1921, Hot 50 VAMs 61
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 61
19th Century Series Type Set, Proofs & Non-Proofs 59
US Type Set, 1792-1964, Circulated Coins Only 55
Morgan Dollars, 1878-1921, Circulated Coins Only 49
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 48
Basic US Type Set, No Gold (7070), Circulated Coins Only 37
Morgan Dollars, 1878 8 Tailfeather VAMs 31
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 30
1878 Mint Set 29
Morgan Dollars, 1878 7/8 Tailfeather VAMs 29
19th Century Series Type Set, Circulated Coins Only 27
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 26
Morgan Dollars, 1878-1921, Hit List 40 VAMs 25
19th Century Series Type Set, Circulated Coins Only (No Gold) 21
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 4
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 2
Registry Image Gallery
Grade: MS 65 DPL
Points: 7487
Owner: coxe
 
Grade: MS 66
Points: 6582
Owner: AYWP
 
View the Registry Image Gallery

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