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: $18.68 (12/2/2020)
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: 10/12/2020

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

1878 8TF $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 45.00 55.00 75.00 95.00 115 130 145 160 185 215 240 250 325 500 1750 5000 64000 - - -
$ 120 135 150 170 195 225 245 280 375 625 1975 17500 - -
1878 8TF $1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - 150 175 235 300 375 525 1000 3500 - - - - -
$ - - - 160 200 250 325 425 600 1325 - - - -
1878 8TF $1 MS DPL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 250 350 500 1400 4000 17500 45000 - - - -
$ - - - - - 275 400 600 2250 6500 25000 - - -

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: 14053
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: 12/1/2020 1878 8TF $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base892021110981489713720025621895532694651246638827----13078
-----------184710765376----271
-------------316952101----163
-------------1-31-----5
Total892021110981489713720025621996333484827258643634----13517
 0%0%0%0%1%1%1%1%1%1%2%2%7%25%36%19%3%0%---- 
1878 8TF $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------56157226430011110-----783
-------------133------7
-------------222------6
-----------------------
Total---------56157226730511610-----796
 ---------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
155164168172176181188196210256355505664874117717113349692310627158353283649762
0000001881962102563555056648741177171133496923106271583500
0000001911982202824025607149841261207842538689108002069700
1878 8TF $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base1751831861982012092122162652923365026679451483348673391011310928262383835671283
17718419019920321021323227430639155775911242150477082631038416031302774933174847
000000213232274306391557759112421504770826310384160313027700
000000214248283321446612852130328186054918810656211343431600
1878 8TF $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base13914715115916316717117521624127837556365374511932261481710113106181395423004
14214815416016416817218922425331043859368489415493113658210281117301697124154
000000172189224253310438593684894154931136582102811173000
0000001742022332663435006237141044190539658348104501284200
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 3098
US Type Set, including Modern Issues 1090
Morgan Dollars, 1878-1921, One-Per-Date 1041
Basic US Type Set, No Gold (7070) 703
Basic US Type Set, with Gold (7070 + Page 5) 623
US Type Set, 1792-1964 569
Morgan Dollars, 1878-1921, Complete 522
Morgan Dollars, 1878-1921, One-Per-Mint, Mint State 458
Silver & Clad Dollar Type Set 416
Morgan Dollars, 1878-1921, Circulated Coins Only 230
US Type Set, 1792-1964, Circulated Coins Only 203
Morgan Dollars, 1878-1921, PL and DPL Only 181
19th Century Series Type Set, Non-Proofs Only 150
Morgan Dollars, 1878-1921, Top-100 VAMs 143
Basic US Type Set, No Gold (7070), Circulated Coins Only 132
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 122
19th Century Series Type Set, Proofs & Non-Proofs 108
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 108
19th Century Series Type Set, Non-Proofs Only - No Gold 105
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 100
19th Century Series Type Set, Circulated Coins Only 86
Morgan Dollars, 1878-1921, Hot 50 VAMs 67
19th Century Series Type Set, Circulated Coins Only (No Gold) 55
Morgan Dollars, 1878 8 Tailfeather VAMs 41
1878 Mint Set 39
Morgan Dollars, 1878-1921, Hit List 40 VAMs 37
Morgan Dollars, 1878 7/8 Tailfeather VAMs 35
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 29
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 14
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 3
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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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.