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: $11.46 (10/16/2018)
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: 10/15/2018

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

1878 S $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 28.00 28.50 29.00 29.50 37.00 41.00 42.00 43.00 45.00 70.00 75.00 80.00 95.00 120 310 775 10500 42000 - -
$ - - - - - - - 85.00 105 145 400 1700 14950 -
1878 S $1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 78.00 85.00 140 185 260 500 3500 - - - -
$ - - - - - - - - 210 300 875 7000 - -
1878 S $1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 90.00 105 185 375 2250 8000 29000 - - - -
$ - - - - - - - - - 2600 13500 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 50381
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: 10/15/2018 1878 S $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base73444557731393667212502271131756441808917032442150132---48411
------------94118417473426---529
-------------2361605013----261
--------------1334----11
Total73444557731393667212502271132656871831017369454756038---49212
 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----------454716650071120326-1--1663
-------------12222----9
--------------232-----7
-----------------1----1
Total----------454716750471620729-1--1680
 ----------0 %0 %3 %10 %30 %43 %12 %2 %-0 %-- 
1878 S $1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------------932114124262----307
-----------------------
---------------1------1
-----------------------
Total------------932114125262----308
 ------------3 %10 %37 %41 %8 %1 %---- 

Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/30/2001 PCGS MS 65   Teletrade Auction 1443, 1443/Lot# 1584 $207.10
5/9/2005 NGC MS 64   David Lawrence Rare Coins Internet-Only Auction #38, 42/Lot# 674 $88.55
11/20/2005 PCGS MS 64   Prooflike Teletrade Auction 2120, 2120/Lot# 1784 $134.40
9/6/2009 PCGS MS 65   Goldberg September 6-8, 2009 Pre-Long Beach Coin and Currency Auction, 54/Lot# 2775 $517.50
7/8/2010 NGC MS 66   Heritage Auctions 2010 July Orlando, FL (Summer FUN) Signature US Coin Auction #1142, 1142/Lot# 8306 $862.50
5/27/2012 PCGS MS 64   Bonhams Coins and Medals, 19995/Lot# 1103 $117.00
12/22/2013 PCGS AU 53   GreatCollections GreatCollections Coin Auctions 12/22/2013, 106/Lot# 155774 $225.00
6/2/2014 NGC MS 65   Stack's Bowers iAuction 3484, 6033/Lot# 20307 $287.88


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 2022
US Type Set, including Modern Issues 684
Morgan Dollars, 1878-1921, One-Per-Date 532
Basic US Type Set, No Gold (7070) 439
Basic US Type Set, with Gold (7070 + Page 5) 420
US Type Set, 1792-1964 279
Silver & Clad Dollar Type Set 278
20th Century Series Type Set, Proofs & Non-Proofs 242
20th Century Series Type Set, Proofs & Non-Proofs - No Gold 220
20th Century Series Type Set, Non-Proofs Only 199
20th Century Series Type Set, Non-Proofs Only - No Gold 157
Morgan Dollars, 1878-1921, PL and DPL Only 132
Morgan Dollars, 1878-1921, Complete 126
Morgan Dollars, 1878-1921, Top-100 VAMs 102
19th Century Series Type Set, Non-Proofs Only 88
Morgan Dollars, 1878-1921, One-Per-Mint 80
Morgan Dollars, 1878-1921, Hot 50 VAMs 60
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
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 39
GSA Hard Pack Holders, Non-CC Morgan Dollars, 1878-1904 38
San Francisco Morgan Dollars, 1878-1921, Circulation Issue 37
1878 Mint Set 26
US Type Set, 1792-1964, Circulated Coins Only 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 19
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 18
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) 15
20th Century Series Type Set, Circulated Coins Only 11
20th Century Series Type Set, Circulated Coins Only (No Gold) 11
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 4
Redfield Holders, Morgan and Peace Dollars, 1878-1935, Including Varieties 3
GSA Hard and Soft Pack Holders Combined Set, Morgan Dollars, 1878-1893 2
Morgan Dollar VAM Varieties 0
Soft Pack Holders Complete Set, Seated, Morgan and Peace Dollars 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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