Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 500
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $20.87 (9/18/2020)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

1878 8TF $1 PF obverse 1878 8TF $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. Today, they are among the most desired proof Morgan dollar issues.

GRADE SUMMARY

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Price Guide

Last Updated: 7/12/2019

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

1878 8TF $1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 2025 2525 3800 4550 5825 10100 15750 42500 - - -
$ - - - - - - 2750 4000 4750 7300 12650 24500 - -
1878 8TF $1 PF CA
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 3000 4250 5875 9450 17000 37000 82000 - - -
$ - - - - - - - - 6500 10500 20000 - - -

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: 136
Low Grade: 60
Average Grade: 64
High Grade: 67

The chart showing 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 9/15/2020 1878 8TF $1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------241515372183---105
-----------------------
-----------------1----1
-----------------------
Total-----------241515372193---106
 -----------2%4%14%14%35%20%8%3%--- 
1878 8TF $1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------12246124---31
------------------1---1
---------------1--1---2
-----------------------
Total------------12256126---34
 ------------3%6%6%15%18%35%18%--- 

NGC Registry

NGC Registry Score 1878 8TF $1 PF CA
 PrAgGVGFVF4045505355586061626364656667686970
Base20212077213421922251231123732436250025652631269930093545408050156400892911389123871333216613
2040209621532212227123322394245725222587265428023188372343925477724397491172212702144260
000000239424572522258726542802318837234392547772439749117221270200
0000002415247925432609267629063366390247035938808610569120541301700
1878 8TF $1 PF UC
 PrAgGVGFVF4045505355586061626364656667686970
Base22872349241124752539260526722741281128822954302832713528380050767008962912204127841375217107
23082370243224962561262726952764283529062979310933573619422557207882104871239713107148700
0000002695276428352906297931093357361942255720788210487123971310700
0000002718278828582930300331903442370946516364875511346125911342900
1878 8TF $1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base167517241773182418751928198120372093215022082464275433453639406465456209904698941069613497
169117401790184118931946200020562112216922932561295134433781489165457155932910161116300
00000020002056211221692293256129513443378148916545715593291016100
00000020182074213121892379265731483541392257186545810096111042900
Registry Image Gallery
Grade: PF 67 CAMEO
Points: 11722
Owner: BChap
 
Grade: PF 67 CAMEO
Points: 11722
Owner: FloridaFacelifter
 
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.