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: $11.82 (6/27/2019)
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: 6/20/2019

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

1878 CC $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 120 130 140 160 185 230 250 260 300 370 390 420 440 590 1350 4875 34500 - - -
$ - - - - - - - - 525 750 1930 14500 - -
1878 CC $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - 325 390 465 575 780 1310 2700 8650 54500 - - -
$ - - - - - - - - 800 1700 3350 15500 - -
1878 CC $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 415 550 935 1900 3250 8800 34500 - - - -
$ - - - - - - - 1000 2500 3750 14500 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 28198
Low Grade: PrAg
Average Grade: 62
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: 6/25/2019 1878 CC $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base111124189255620322426205313470649233141250088384593613932099---26268
-------------83026104----78
-------------44157136309----376
------------1-22------5
Total111124189255620322426205313470649233141350608573610014332229---26727
 0 %0 %1 %1 %2 %1 %2 %1 %1 %2 %2 %1 %5 %19 %32 %23 %5 %1 %0 %--- 
1878 CC $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------332410431361240896101---1574
-------------441021----21
-------------38121-----24
----------------2-----2
Total---------3324104320624430101111---1621
 ---------0 %0 %1 %6 %20 %38 %27 %6 %1 %0 %--- 
1878 CC $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------1115313612431-----356
-------------1111-----4
---------------11-----2
-----------------------
Total-----------1115413712633-----362
 -----------0 %3 %15 %38 %35 %9 %----- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/12/2003 PCGS MS 64   Teletrade Auction 1805, 1805/Lot# 1162 $396.00
1/25/2004 PCGS MS 63   Goldberg January 25-28, 2004 Pre-Long Beach Coin and Currency Auction, 23/Lot# 2596 $287.50
1/3/2012 PCGS MS 64   Heritage Auctions 2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando Session(10), 1166/Lot# 11634 $488.75
1/1/2013 NGC MS 63   Stack's Bowers The January 2013 Americana Sale, 180/Lot# 14478 $340.75
6/3/2013 NGC MS 62   Bonhams Coins and Medals, 20971/Lot# 2111 $374.00
6/16/2013 PCGS MS 61   Heritage Auctions Internet Coin Auction Session(1), 131326/Lot# 24141 $293.75
9/15/2013 PCGS MS 66   David Lawrence Rare Coins Internet Auction # 769, 778/Lot# 110 $5,000.00
9/7/2014 NGC MS 63   GreatCollections GreatCollections Coin Auctions 09/07/2014, 191/Lot# 201175 $425.00
9/7/2017 PCGS MS 66   Heritage Auctions 2017 September 7 - 10 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1259/Lot# 4616 $3,840.00


NGC Registry

NGC Registry Score 1878 $1 MS CC Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base2953013333603724094204264715226487298479901226159427944565541783152170940089
29731134236438441242244148856467576889410681348199433844849638312779278350
0000004224414885646757688941068134819943384484963831277900
0000004244565056067028079421147147123943974513373491724400
1878 $1 MS CC Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333333331111790764900116622402847488882008811122283051056631
333333339133179080998815242442352759928403995018322392170
00000033913317908099881524244235275992840399501832200
0000003751561790854107718822644420770968607110892441600
1878 $1 MS CC
 PrAgGVGFVF4045505355586061626364656667686970
Base272278308333345381389395437471517655741874990127123423628750279071768132576
2742883163373573833914094484865636837859121083162827704919763711165226460
000000391409448486563683785912108316282770491976371116500
000000393423459501609712829951117719853199621077721442300
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2207
US Type Set, including Modern Issues 744
Morgan Dollars, 1878-1921, One-Per-Date 609
Basic US Type Set, No Gold (7070) 487
Basic US Type Set, with Gold (7070 + Page 5) 453
Carson City Morgan Dollars, 1878-1893 322
US Type Set, 1792-1964 319
Silver & Clad Dollar Type Set 301
GSA Hard Pack Holders Basic Set, Carson City Morgan Dollars, 1878-1891 275
Morgan Dollars, 1878-1921, Complete 195
Morgan Dollars, 1878-1921, PL and DPL Only 144
Morgan Dollars, 1878-1921, One-Per-Mint 129
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 63
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 58
Morgan Dollars, 1878-1921, Circulated Coins Only 54
Basic US Type Set, No Gold (7070), Circulated Coins Only 38
Carson City Type Set, 1870-1893, One-Per-Denomination 32
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 30
1878 Mint Set 29
19th Century Series Type Set, Circulated Coins Only 27
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 26
19th Century Series Type Set, Circulated Coins Only (No Gold) 21
GSA Hard Pack Holders Complete Set, Carson City Morgan Dollars, 1878-1893, Including Varieties 15
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 11
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 4
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 3
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 2
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 2
Morgan Dollar VAM Varieties 0
Registry Image Gallery
Grade: MS 66 PL
Points: 7214
Owner: nfcarsoncity
 
Grade: MS 65
Points: 6581
Owner: AlphaTrilogy
 
View the Registry Image Gallery

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