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: $11.19 (11/19/2018)
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: 7/11/2018

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

1878 CC $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 97.50 105 115 130 150 175 190 215 235 280 370 465 490 650 1625 5650 39000 - - -
$ - - - - - - - - 525 750 2150 14500 - -
1878 CC $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - 285 320 390 520 760 1400 3000 9250 - - - -
$ - - - - - - - - 975 1700 3350 - - -
1878 CC $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 365 475 800 2100 3300 9750 34500 - - - -
$ - - - - - - - 1000 2450 3750 14500 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 27454
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: 11/19/2018 1878 CC $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base103122174243597295401187295438614228135548288208585213872099---25545
-------------73126104----78
-------------40154135277----363
------------1-22------5
Total103122174243597295401187295438614228135648758395601514242209---25991
 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---------33241013086004099710----1555
-------------691421----32
-------------310121-----26
----------------1-----1
Total---------332410131761943510111----1614
 ---------0 %0 %1 %6 %20 %38 %27 %6 %1 %---- 
1878 CC $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------1115213612331-----354
-------------1111-----4
---------------11-----2
-----------------------
Total-----------1115313712533-----360
 -----------0 %3 %15 %38 %35 %9 %----- 

Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/15/2003 PCGS MS 63   Goldberg September 15-17, 2003 Pre-Long Beach Coin and Currency Auction, 21/Lot# 560 $230.00
10/20/2004 PCGS MS 64   Teletrade Auction 1951, 1951/Lot# 1785 $577.50
12/9/2012 NGC Details AU Details  Heritage Auctions Internet Coin Auction Session(1), 131251/Lot# 22220 $99.88
6/3/2013 NGC MS 62   Bonhams Coins and Medals, 20971/Lot# 2111 $374.00
7/27/2013 NGC MS 65   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 2743 $4,245.28
11/17/2013 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 11/17/2013, 101/Lot# 152379 $633.60
3/16/2014 NGC MS 65   David Lawrence Rare Coins Internet Auction # 795, 804/Lot# 166 $1,700.00
9/4/2016 NGC MS 62   Heritage Auctions Internet Coin Auction Session(2), 131637/Lot# 24257 $376.00


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 2032
US Type Set, including Modern Issues 684
Morgan Dollars, 1878-1921, One-Per-Date 531
Basic US Type Set, No Gold (7070) 441
Basic US Type Set, with Gold (7070 + Page 5) 420
Carson City Morgan Dollars, 1878-1893 302
US Type Set, 1792-1964 279
Silver & Clad Dollar Type Set 278
GSA Hard Pack Holders Basic Set, Carson City Morgan Dollars, 1878-1891 261
Morgan Dollars, 1878-1921, PL and DPL Only 132
Morgan Dollars, 1878-1921, Complete 127
Morgan Dollars, 1878-1921, Top-100 VAMs 102
19th Century Series Type Set, Non-Proofs Only 90
Morgan Dollars, 1878-1921, One-Per-Mint 80
19th Century Series Type Set, Non-Proofs Only - No Gold 55
19th Century Series Type Set, Proofs & Non-Proofs 53
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 53
Carson City Type Set, 1870-1893, One-Per-Denomination 29
US Type Set, 1792-1964, Circulated Coins Only 27
1878 Mint Set 26
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 25
Morgan Dollars, 1878-1921, Circulated Coins Only 22
Basic US Type Set, No Gold (7070), Circulated Coins Only 20
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 18
19th Century Series Type Set, Circulated Coins Only 15
19th Century Series Type Set, Circulated Coins Only (No Gold) 15
GSA Hard Pack Holders Complete Set, Carson City Morgan Dollars, 1878-1893, Including Varieties 10
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 9
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 3
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 2
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 1
Morgan Dollar VAM Varieties 0
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 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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