Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: San Francisco
Mintage: 9,774,000
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $13.68 (10/13/2019)
Diameter: 38.1mm
Edge: Reeded
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1878 S $1 MS obverse 1878 S $1 MS reverse
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Description & Analysis

The San Francisco Mint began striking Morgan dollars on April 17th, 1878. Nearly ten million Morgans were struck that first year. A large number of those first Morgans struck in San Francisco remained in their vaults for decades. Due to this large number withheld from circulation, the 1878-S Morgan dollar is common even through the gem level.

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: 7/24/2019

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

1878 S $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.00 30.00 35.00 40.00 45.00 50.00 55.00 60.00 65.00 70.00 75.00 80.00 95.00 120 290 650 11500 42000 - -
$ - - - - - - - 85.00 105 145 350 1600 14950 -
1878 S $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 80.00 95.00 185 200 250 535 3200 - - - -
$ - - - - - - - - 225 300 795 7000 - -
1878 S $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 165 220 300 390 2000 7000 29000 - - - -
$ - - - - - - - - - 2600 13500 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 52605
Low Grade: PrAg
Average Grade: 63
High Grade: 68

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, 68 series.
NGC CENSUS DETAIL Last Updated: 10/8/2019 1878 S $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base83646558233413871230548296143360461910017522448749834---50604
------------124919518173446---560
-------------23818258181---299
--------------1342----10
Total83646558233413871230548296144560971933417888462256241---51473
 0 %0 %0 %0 %0 %0 %0 %0 %0 %0 %1 %1 %3 %12 %38 %35 %9 %1 %0 %--- 
1878 S $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------464818151471020325-1--1692
-------------12222----9
--------------232-----7
-----------------1----1
Total----------464818251871520728-1--1709
 ----------0 %0 %3 %11 %30 %42 %12 %2 %-0 %-- 
1878 S $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------1032115124262----309
-----------------------
---------------1------1
-----------------------
Total------------1032115125262----310
 ------------3 %10 %37 %40 %8 %1 %---- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/3/2005 PCGS MS 66   Teletrade Auction 2021, 2021/Lot# 1471 $632.50
7/25/2005 NGC MS 64   David Lawrence Rare Coins Internet-Only Auction #47, 52/Lot# 637 $109.25
7/4/2010 NGC MS 64   Prooflike Heritage Auctions Internet Coin Auction #210072, 210072/Lot# 22715 $126.50
10/2/2011 NGC MS 65   Heritage Auctions Internet Coin Auction Session(2), 131141/Lot# 25528 $195.50
5/27/2012 PCGS MS 64   Bonhams Coins and Medals, 19995/Lot# 1103 $117.00
9/2/2012 NGC MS 65   Goldberg September 2-5, 2012 The September 2-5, 2012, 70/Lot# 963 $403.00
3/2/2014 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 03/02/2014, 182/Lot# 175164 $100.12
7/11/2014 NGC MS 63   Stack's Bowers iAuction 3490, 6041/Lot# 20408 $74.03


NGC Registry

NGC Registry Score 1878 $1 MS S Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base13514314715115917918318319019419823426235453467411032631447277771259923569
1371441481531651801831851911952102432924145808171612324455739384162550
000000183185191195210243292414580817161232445573938400
0000001831871921962222523234746279602121385866751099100
1878 $1 MS S Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base147155163175183201205209212220223244282409725221945658344608992342071838837
1491571671771892022062102142212302563245141223300158248344713713062267570
000000206210214221230256324514122330015824834471371306200
000000207211217222237269366619172137837084834481851689000
1878 $1 MS S
 PrAgGVGFVF4045505355586061626364656667686970
Base123131135139143163167171175179183201216272323423838159442907502960217946
1261321361401501641681721761801892062352893565611090249353618202123830
000000168172176180189206235289356561109024935361820200
000000170174178182195211253306390700134233916431890200
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2375
US Type Set, including Modern Issues 799
Morgan Dollars, 1878-1921, One-Per-Date 669
Basic US Type Set, No Gold (7070) 515
Basic US Type Set, with Gold (7070 + Page 5) 470
US Type Set, 1792-1964 357
Silver & Clad Dollar Type Set 321
20th Century Series Type Set, Proofs & Non-Proofs 275
20th Century Series Type Set, Proofs & Non-Proofs - No Gold 254
Morgan Dollars, 1878-1921, Complete 244
20th Century Series Type Set, Non-Proofs Only 228
20th Century Series Type Set, Non-Proofs Only - No Gold 181
Morgan Dollars, 1878-1921, One-Per-Mint 167
Morgan Dollars, 1878-1921, PL and DPL Only 151
Morgan Dollars, 1878-1921, Top-100 VAMs 116
19th Century Series Type Set, Non-Proofs Only 105
Morgan Dollars, 1878-1921, Circulated Coins Only 86
US Type Set, 1792-1964, Circulated Coins Only 74
San Francisco Morgan Dollars, 1878-1921, Circulation Issue 68
19th Century Series Type Set, Non-Proofs Only - No Gold 67
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 66
Morgan Dollars, 1878-1921, Hot 50 VAMs 63
19th Century Series Type Set, Proofs & Non-Proofs 63
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 57
Basic US Type Set, No Gold (7070), Circulated Coins Only 46
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 40
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 36
19th Century Series Type Set, Circulated Coins Only 32
1878 Mint Set 31
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 28
Morgan Dollars, 1878-1921, Hit List 40 VAMs 26
19th Century Series Type Set, Circulated Coins Only (No Gold) 23
20th Century Series Type Set, Circulated Coins Only (No Gold) 21
20th Century Series Type Set, Circulated Coins Only 18
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 14
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 3
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 3
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 3
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 2
Morgan Dollar VAM Varieties 0
Registry Image Gallery
Grade: MS 67
Points: 5361
Owner: AYWP
 
Grade: MS 65 DPL
Points: 4565
Owner: Mirrored Morgan
 
View the Registry Image Gallery

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