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: $13.58 (8/25/2019)
Diameter: 38.1mm
Edge: Reeded
Link to this coin

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

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: 52310
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: 8/20/2019 1878 S $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base83645558233403870227541289141159841896617477448149733---50313
------------124919518073446---559
-------------2381815817----296
--------------1342----10
Total83645558233403870227541289142360351920017841461656039---51178
 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----------464818051370920225-1--1688
-------------12222----9
--------------232-----7
-----------------1----1
Total----------464818151771420628-1--1705
 ----------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
2/19/1997 PCGS MS 63   Teletrade Auction 0921, 921/Lot# 1631 $32.75
5/29/2011 NGC MS 65   Goldberg May 29 - June 1, 2011 The Pre-Long Beach Auction of US, World Coins and Currency, 63/Lot# 339 $218.50
7/17/2011 NGC MS 64   GreatCollections GreatCollections Coin Auctions 07/17/2011, 127/Lot# 10041 $198.00
10/20/2011 PCGS MS 64   David Lawrence Rare Coins Thursday - Internet Auction # 629, 636/Lot# 7264 $113.85
5/27/2012 PCGS MS 64   Bonhams Coins and Medals, 19995/Lot# 1103 $117.00
3/9/2014 PCGS MS 62   Heritage Auctions Internet Coin Auction Session(2), 131411/Lot# 20727 $61.00
6/8/2014 PCGS MS 65   Heritage Auctions Internet Coin Auction Session(1), 131424/Lot# 26220 $270.25
2/13/2015 PCGS MS 65   Stack's Bowers iAuction 3521, 6090/Lot# 20192 $235.00


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 2301
US Type Set, including Modern Issues 772
Morgan Dollars, 1878-1921, One-Per-Date 641
Basic US Type Set, No Gold (7070) 505
Basic US Type Set, with Gold (7070 + Page 5) 462
US Type Set, 1792-1964 336
Silver & Clad Dollar Type Set 311
20th Century Series Type Set, Proofs & Non-Proofs 272
20th Century Series Type Set, Proofs & Non-Proofs - No Gold 250
Morgan Dollars, 1878-1921, Complete 228
20th Century Series Type Set, Non-Proofs Only 224
20th Century Series Type Set, Non-Proofs Only - No Gold 176
Morgan Dollars, 1878-1921, One-Per-Mint 154
Morgan Dollars, 1878-1921, PL and DPL Only 145
Morgan Dollars, 1878-1921, Top-100 VAMs 113
19th Century Series Type Set, Non-Proofs Only 101
Morgan Dollars, 1878-1921, Circulated Coins Only 69
19th Century Series Type Set, Non-Proofs Only - No Gold 65
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 64
Morgan Dollars, 1878-1921, Hot 50 VAMs 63
US Type Set, 1792-1964, Circulated Coins Only 63
19th Century Series Type Set, Proofs & Non-Proofs 61
San Francisco Morgan Dollars, 1878-1921, Circulation Issue 60
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 54
Basic US Type Set, No Gold (7070), Circulated Coins Only 45
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 39
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 34
1878 Mint Set 31
19th Century Series Type Set, Circulated Coins Only 30
GSA Soft Pack Holders, Morgan Dollars, 1878-1921 28
Morgan Dollars, 1878-1921, Hit List 40 VAMs 25
19th Century Series Type Set, Circulated Coins Only (No Gold) 22
20th Century Series Type Set, Circulated Coins Only (No Gold) 21
20th Century Series Type Set, Circulated Coins Only 16
GSA Hard Pack Holders Complete Set, Morgan Dollars, 1878-1904, Including Varieties 13
Hard and Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 4
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 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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