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: $12.37 (2/16/2019)
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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Price Guide

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Census

 
NGC GRADE SUMMARY

Total Graded: 51092
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: 2/11/2019 1878 S $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base73445557733403868219519279135257841844317164443649732---49122
------------104118717673426---535
-------------2371675113----270
--------------1343----11
Total73445557733403868219519279136258271866817510456455538---49938
 0 %0 %0 %0 %0 %0 %0 %0 %0 %0 %1 %1 %3 %12 %37 %35 %9 %1 %0 %--- 
1878 S $1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------454716750670620225-1--1663
-------------12222----9
--------------232-----7
-----------------1----1
Total----------454716851071120628-1--1680
 ----------0 %0 %3 %10 %30 %42 %12 %2 %-0 %-- 
1878 S $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------932114124262----307
-----------------------
---------------1------1
-----------------------
Total------------932114125262----308
 ------------3 %10 %37 %41 %8 %1 %---- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/23/2006 NGC MS 62   David Lawrence Rare Coins Internet Auction # 71, 76/Lot# 702 $43.70
9/10/2006 PCGS MS 66   Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 2874 $718.75
8/19/2007 PCGS MS 64   Heritage Auctions Sunday Internet Coin Auction #67084, 67084/Lot# 23495 $138.00
11/7/2010 NGC AU 55   Teletrade Auction 2955, 2955/Lot# 1935 $35.00
5/27/2012 PCGS MS 64   Bonhams Coins and Medals, 19995/Lot# 1103 $117.00
11/10/2013 NGC MS 65   GreatCollections GreatCollections Coin Auctions 11/10/2013, 100/Lot# 151015 $244.36
6/2/2014 NGC MS 65   Stack's Bowers iAuction 3484, 6033/Lot# 20306 $287.88
9/4/2014 NGC MS 66   Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1209/Lot# 7923 $646.25
1/23/2015 PCGS MS 64   Stack's Bowers iAuction 3518, 6087/Lot# 20158 $88.13
4/2/2015 PCGS MS 64   Stack's Bowers iAuction 3528, 6097/Lot# 20333 $99.88
11/1/2015 NGC MS 65   Heritage Auctions Internet Coin Auction Session(1), 131545/Lot# 23221 $211.50


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
1251321361401491641681721761801892062342893565611090249253608202123830
000000168172176180189206234289356561109024925360820200
000000169173177181195211253306389699134233916431890200
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2065
US Type Set, including Modern Issues 706
Morgan Dollars, 1878-1921, One-Per-Date 555
Basic US Type Set, No Gold (7070) 449
Basic US Type Set, with Gold (7070 + Page 5) 429
US Type Set, 1792-1964 291
Silver & Clad Dollar Type Set 282
20th Century Series Type Set, Proofs & Non-Proofs 249
20th Century Series Type Set, Proofs & Non-Proofs - No Gold 227
20th Century Series Type Set, Non-Proofs Only 201
20th Century Series Type Set, Non-Proofs Only - No Gold 159
Morgan Dollars, 1878-1921, Complete 137
Morgan Dollars, 1878-1921, PL and DPL Only 134
Morgan Dollars, 1878-1921, Top-100 VAMs 102
Morgan Dollars, 1878-1921, One-Per-Mint 96
19th Century Series Type Set, Non-Proofs Only 90
Morgan Dollars, 1878-1921, Hot 50 VAMs 58
19th Century Series Type Set, Non-Proofs Only - No Gold 56
19th Century Series Type Set, Proofs & Non-Proofs 53
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 53
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 42
San Francisco Morgan Dollars, 1878-1921, Circulation Issue 42
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 38
US Type Set, 1792-1964, Circulated Coins Only 38
1878 Mint Set 26
Morgan Dollars, 1878-1921, Circulated Coins Only 26
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 25
Basic US Type Set, No Gold (7070), Circulated Coins Only 24
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 19
Morgan Dollars, 1878-1921, Hit List 40 VAMs 17
19th Century Series Type Set, Circulated Coins Only 15
19th Century Series Type Set, Circulated Coins Only (No Gold) 14
20th Century Series Type Set, Circulated Coins Only (No Gold) 11
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 10
20th Century Series Type Set, Circulated Coins Only 9
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 4
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 2
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 2
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 2
Morgan Dollar VAM Varieties 0
Registry Image Gallery
Grade: MS 67
Points: 5360
Owner: AYWP
 
Grade: MS 65 DPL
Points: 4565
Owner: Mirrored Morgan
 
View the Registry Image Gallery

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