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: $14.49 (2/23/2020)
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: 2/7/2020

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

1878 8TF $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 40.00 45.00 65.00 80.00 100.00 115 125 135 145 175 235 245 290 525 1900 5700 64000 - - -
$ - - - - - - 245 265 325 650 2100 14000 - -
1878 8TF $1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - 150 160 235 300 375 525 825 3000 - - - - -
$ - - - - - - 325 425 600 1300 - - - -
1878 8TF $1 MS DPL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 245 300 525 1500 4250 20000 50000 - - - -
$ - - - - - - 350 575 2000 - - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 13650
Low Grade: PrAg
Average Grade: 62
High Grade: 66

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.
NGC CENSUS DETAIL Last Updated: 2/18/2020 1878 8TF $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base781821101921449112718224520488631534541244738627----12680
-----------184510366386----267
-------------30705081----159
-------------1-31-----5
Total781821101921449112718224520589432294714256643334----13111
 0%0%0%0%1%1%1%1%1%1%2%2%7%25%36%20%3%0%---- 
1878 8TF $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------56147026429811110-----778
-------------133------7
-------------226------10
-----------------------
Total---------56147026730312010-----795
 ---------1%1%2%9%34%38%15%1%----- 
1878 8TF $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------294976533-----192
-----------------------
--------------1-------1
-----------------------
Total-----------294977533-----193
 -----------1%5%25%40%27%2%----- 

NGC Registry

NGC Registry Score 1878 8TF $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base151163167171175179186194201230308450615764109413452445515810455109732555947392
15516416817217618118819621025635550566487411771711334969231062715835328360
0000001881962102563555056648741177171133496923106271583500
0000001911982202824025607149841261207842538689108002069700
1878 8TF $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base1751831861982012092122162652923365026679451483348673391011310928262383835671283
1771841901992032102132322743063915577591124215047708263103841603130277493310
000000213232274306391557759112421504770826310384160313027700
000000214248283321446612852130328186054918810656211343431600
1878 8TF $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base13914715115916316717117521624127837556365374511932261481710113106181395423004
1421481541601641681721892242533104385936848941549311365821028111730169710
000000172189224253310438593684894154931136582102811173000
0000001742022332663435006237141044190539658348104501284200
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2526
US Type Set, including Modern Issues 862
Morgan Dollars, 1878-1921, One-Per-Date 761
Basic US Type Set, No Gold (7070) 567
Basic US Type Set, with Gold (7070 + Page 5) 509
US Type Set, 1792-1964 419
Silver & Clad Dollar Type Set 341
Morgan Dollars, 1878-1921, Complete 319
Morgan Dollars, 1878-1921, One-Per-Mint, Mint State 242
Morgan Dollars, 1878-1921, PL and DPL Only 149
Morgan Dollars, 1878-1921, Circulated Coins Only 125
19th Century Series Type Set, Non-Proofs Only 120
Morgan Dollars, 1878-1921, Top-100 VAMs 118
US Type Set, 1792-1964, Circulated Coins Only 108
19th Century Series Type Set, Non-Proofs Only - No Gold 77
19th Century Series Type Set, Proofs & Non-Proofs 77
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 77
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 76
Basic US Type Set, No Gold (7070), Circulated Coins Only 65
Morgan Dollars, 1878-1921, Hot 50 VAMs 63
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 57
19th Century Series Type Set, Circulated Coins Only 45
19th Century Series Type Set, Circulated Coins Only (No Gold) 34
Morgan Dollars, 1878 8 Tailfeather VAMs 33
1878 Mint Set 32
Morgan Dollars, 1878 7/8 Tailfeather VAMs 32
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 29
Morgan Dollars, 1878-1921, Hit List 40 VAMs 26
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 6
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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