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• 1878 Morgan Silver Dollar

Silver dollar coins minted in Carson City, Nevada are prized by collectors. The mint sourced its silver from the legendary Comstock Lode. It was only briefly in operation, however. Morgan Silver Dollar Price Chart. Here is a list of values for every Morgan dollar minted from 1878 through 1904, as well as 1921. Feb 01, 2021 1878 Morgan Silver Dollar Value Your 1878 Morgan silver dollar value is a minimum of. Many are worth a significant premium due to collector demand often raising the value far above silver bullion price. 1878-CC Morgan Silver Dollar Circulated VF Details $1 Coin Carson City Morgan's. Ending Saturday at 1:10PM PDT. 1878 CC MORGAN SILVER DOLLAR, MS 64, VAM 19A, I-3, R-7, EXCELLENT EXAMPLE. 4 bids Ending Feb 11 at 8:53PM PST 4d 22h. 1878 Morgan silver.

Coin Info

The 1878 Morgan Silver Dollar features a likeness of Miss Liberty on the obverse and an American bald eagle on the reverse. While Morgan Silver Dollars are technically called Liberty Head silver dollars, they are more widely known by their namesake designer, George T. Morgan. 1878, the first year of the Morgan Silver Dollar series, features a wide array of varieties, many of which are based on the number of tail feathers seen on the eagle.

The 1878 Morgan Silver Dollar was produced in three mints: Philadelphia, San Francisco, and Carson City. The most valuable 1878 Morgan Silver Dollar carries the 'CC' mintmark used by the Carson City Mint. It always carries a premium value because of very low production, making it the rarest 1878 Morgan Dollar. The San Francisco Mint used an 'S'. The main mint in Philadelphia did not use a mintmark.

1878 Morgan Silver Dollar Mintage Figures

• 1878, 8 Feathers: 749,500; $40+
• 1878, 7 Feathers: 9,759,300 (all types); values indicated below
• 1878, 7 Over 8 Clear Double Feathers: $35+
• 1878, 7 Feathers 2^nd Reverse: $35+
• 1878, 7 Feathers 3^rd Reverse: $35+
• 1878 CC: 2,212,000; $150+
• 1878-S: 9,774,000; $35+
• 1878, 8 Feathers Proof: 500; $4,000+
• 1878, 7 Feathers Proof: 250 (all types); values indicated below
• 1878, 7 Feathers, 2^nd Reverse Proof: $3,500+
• 1878, 7 Feathers, 3^rd Reverse Proof : $16,000+

It is important to remember when evaluating the overall value and scarcity of any 1878 Morgan Silver Dollar that millions of these coins were melted during the early 20th century and again during the silver boom of the late 1970s and early 1980s. Therefore, you cannot assume the currently existing population for a given date is close to its original mintage figure. For, in many cases, the mintage numbers often grossly misrepresent on the positive side the actual current population of 1878 Morgan Silver Dollars.

CoinTrackers.com has estimated the 1878 S Morgan Silver Dollar value at an average of $38, one in certified mint state (MS+) could be worth $300. (see details)..

Type:Morgan Silver Dollar
Year:1878
Mint Mark: S
Face Value: 1.00 USD
Total Produced: 9,774,000 [?]
Silver Content: 90%
Silver Weight: .7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $38, while one in certified mint state (MS+) condition could bring as much as $300 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1878, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

Additional Info: With nearly 10 million of the 1878 S Morgan Silver Dollars minted these are the 2nd most widely minted of the Morgans. With prices ranging from $30+ to $300+ dollars each these Silver Dollars are both affordable and a must have for any serious coin collector.

Numismatic vs Intrinsic Value:This coin in poor condition is still worth $16.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.

Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.

Current silver melt value* for a 1878 S is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.

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**When we say that 9,774,000, of these coins were produced or minted in 1878 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.

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