Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Carson City
Mintage: 2,212,000
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $20.71 (8/14/2020)
Diameter: 38.1mm
Edge: Reeded
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1878 CC $1 MS obverse 1878 CC $1 MS reverse
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Description & Analysis

1878 marked the first year of production for the Morgan dollar. Over 2.2 million examples were struck at the Carson City Mint that year. However, uncirculated examples are far scarcer for this issue than the 1882-CC, 1883-CC or 1884-CC. This is due to the GSA sales of uncirculated Carson City dollars in the 1970's, which had record numbers of the 1882-1884 Carson City Morgan dollars, and very few of the 1878 issue. In fact, less thanonly 61,000 1878-CC Morgan dollars were in the hoard, versus 962,000 of the 1884-CC issue!

GRADE SUMMARY

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Price Guide

Last Updated: 4/24/2020

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

1878 CC $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 120 130 140 160 185 230 250 260 300 390 405 445 480 590 1350 4750 30000 - - -
$ - - - - - - - - 525 750 1750 12500 - -
1878 CC $1 MS PL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - 325 390 465 575 780 1485 2800 13350 48500 - - -
$ - - - - - - - - 800 1700 3350 15500 - -
1878 CC $1 MS DPL
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 415 550 985 1900 3250 13100 33000 - - - -
$ - - - - - - - 1000 2500 3750 14500 - - -

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: 29237
Low Grade: PrAg
Average Grade: 61
High Grade: 67

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.
NGC CENSUS DETAIL Last Updated: 8/11/2020 1878 CC $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base1241412102746483394502133275296882461490521687116034140320910---27262
-------------113527115----89
------------1481601373010----386
------------1-32------6
Total1241412102746483394502133275296882461492527589096200144422410---27743
 0%1%1%1%2%1%2%1%1%2%2%1%5%19%32%22%5%1%0%--- 
1878 CC $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------332711033561041896121---1615
------------1441022----23
-------------39122-----26
----------------3-----3
Total---------3327111342623440103141---1667
 ---------0%0%2%7%21%37%26%6%1%0%--- 
1878 CC $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------1115513712531-----360
-------------1111-----4
---------------21-----3
-----------------------
Total-----------1115613812833-----367
 -----------0%3%15%38%35%9%----- 

NGC Registry

NGC Registry Score 1878 CC $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base2953013333603724094204264715226487298479901226159427944565541783152170940089
29731134236438441242244148856467576889410681348199433844849638312779278350
0000004224414885646757688941068134819943384484963831277900
0000004244565056067028079421147147123943974513373491724400
1878 CC $1 MS DPL
 PrAgGVGFVF4045505355586061626364656667686970
Base333333331111790764900116622402847488882008811122283051056631
333333339133179080998815242442352759928403995018322392170
00000033913317908099881524244235275992840399501832200
0000003751561790854107718822644420770968607110892441600
1878 CC $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base272278308333345381389395437471517655741874990127123423628750279071768132576
2742883163373573833914094484865636837859121083162827704919763711165226460
000000391409448486563683785912108316282770491976371116500
000000393423459501609712829951117719853199621077721442300
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2847
US Type Set, including Modern Issues 1011
Morgan Dollars, 1878-1921, One-Per-Date 942
Basic US Type Set, No Gold (7070) 657
Basic US Type Set, with Gold (7070 + Page 5) 586
US Type Set, 1792-1964 513
Morgan Dollars, 1878-1921, Complete 450
Carson City Morgan Dollars, 1878-1893 439
Silver & Clad Dollar Type Set 391
Morgan Dollars, 1878-1921, One-Per-Mint, Mint State 383
GSA Hard Pack Holders Basic Set, Carson City Morgan Dollars, 1878-1891 322
Morgan Dollars, 1878-1921, Circulated Coins Only 185
US Type Set, 1792-1964, Circulated Coins Only 176
Morgan Dollars, 1878-1921, PL and DPL Only 165
19th Century Series Type Set, Non-Proofs Only 141
Morgan Dollars, 1878-1921, Top-100 VAMs 134
Basic US Type Set, No Gold (7070), Circulated Coins Only 112
19th Century Series Type Set, Proofs & Non-Proofs 100
19th Century Series Type Set, Non-Proofs Only - No Gold 94
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 92
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 91
19th Century Series Type Set, Circulated Coins Only 73
19th Century Series Type Set, Circulated Coins Only (No Gold) 51
Carson City Type Set, 1870-1893, One-Per-Denomination 50
GSA Hard Pack Holders Complete Set, Carson City Morgan Dollars, 1878-1893, Including Varieties 42
1878 Mint Set 36
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 30
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 30
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 16
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 11
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 5
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 2
Morgan Dollar VAM Varieties 0
Registry Image Gallery
Grade: MS 66 PL
Points: 8247
Owner: nfcarsoncity
 
Grade: MS 66
Points: 6943
Owner: NH
 
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.