Entries in the value chart above are listed under these grade headings. An uncirculated coin is without any wear to its surfaces. Now determine its date, mintmark and condition, refer to the chart and its value is often surprising. Value charts in combination with grading images to judge condition discovers how much your old coin are worth. This page also shows coins listed for sale so you can buy and sell. US Morgan Dollar from Carson City (GSA) 1878 to 1893. Value of 1878 Morgan Silver Dollar with 8 Tail Feathers. Many are worth a significant premium due to collector demand often raising the value far above silver bullion price. * ONE DOLLAR* is on the bottom. The coin values rely on the grading service to vet them and make sure that the price reflects the condition of the coin and that the dollar values they fetch are reasonably accurate. Morgan Silver Dollar Circulation The Morgan Dollar circulated from 1878 to 1904. Extremely fine condition describes a Morgan dollar with light wear. Many of your old US silver coin values are tied closely to the price of silver. Today's Minimum Silver Coin Values, Copyright © 2007-2021 Daniel A. HarrisAll Rights Reserved. The Morgan Dollar is minted in 90% silver and 10% copper. Liberty is mostly an outline, once a cap, hair curls and head band are now obscured. Find the current Morgan Dollar values by year, coin varieties, and specific grade. Fine: Wear has reduced original design detail to the point of merging. The Birth of America's beautiful Morgan Dollar – Minted from 1878-1904, and once again in 1921, the Morgan silver dollar is one of America's most popular collectible coins. In the 1970s, the US Mint held a sale of uncirculated Carson City Morgan silver dollars, introducing a new generation to high value coins at an easily affordable price. Easily identifiable changes were made in the first year to the reverse design of the Morgan dollar. The Morgan silver dollar was minted between 1878 and 1904. Direct pressure from the silver mining industry, particularly the western states, led to the creation of the Morgan Dollar. This is the first Morgan Dollar struck at the Carson City Mint. Therefore, you cannot assume the currently existing population for a given date is close to its original mintage figure. Essential to highest accurate coin values is determining the condition of your 1878 silver dollar. The coins were also minted in New Orleans, Denver, Carson City and San Francisco. However, uncirculated examples are far scarcer for this issue than the 1882-CC, 1883-CC or 1884-CC. Good: Lack of design defines this old silver dollar as "Good" condition. These are identified by the "CC" mintmark found on the reverse below the eagle's tail feathers. Value of 1878 cc Morgan Dollar. 1. For, in many cases, the mintage numbers often grossly misrepresent on the positive side the actual current population of 1878 Morgan Silver Dollars. From 1878 to 1921, the same basic design was used on all Morgan silver dollars, with a few modifications to the reverse, resulting in four design variations. Of interest to collectors, 1878 is the first year of the popular Morgan dollar series. Each Morgan silver dollar coin contains 0.773 troy ounces of silver. While Morgan Silver Dollars are technically called Liberty Head silver dollars, they are more widely known by their namesake designer, George T. Morgan. 2020 (P) American Silver Eagles: A New Modern Rarity, 1878, 7 Feathers: 9,759,300 (all types); values indicated below, 1878, 7 Over 8 Clear Double Feathers: $35+, 1878, 7 Feathers Proof: 250 (all types); values indicated below. Dollars; Morgan Dollar (1878-1921) Shop at: APMEX David Lawrence L&C Coins Collectors Corner eBay U.S. Hi Nancy, Sounds like you have a nice US Morgan silver dollar with a CC mint mark encapsulated in a special government holder. Morgan silver dollars with no mint marks were minted in Philadelphia. Nearly half of these coins - over 270,000,000 - were melted down as a result of the Pittman Act of 1918. 6 bids. It always carries a premium value because of very low production, making it the rarest 1878 Morgan Dollar. Additionally those struck by the Philadelphia mint have different unique varieties on the reverse, each distinctive and collected separately. each. Once rounded, the front of the neck and cheek below the eye are now noticeably flattened by wear and abrasions. Silver dimes, quarters, half dollars and silver dollars are all heavy with 90% silver and worth many times their face value. It is one of four different 1878 Morgan Dollar varieties (and that is not counting branch mints). Each variety is valued separately. CoinTrackers.com has estimated the 1878 Morgan Silver Dollar value at an average of $35, one in certified mint state (MS+) could be worth $12,000. By closely examining the surface and judging the amount of wear reflect its "grade." It was reintroduced for one year in 1921. Depending on the condition and scarcity of the coin in question, you can pay anywhere from as little as $10 to as much as $100 and more for a Morgan Silver Dollar. Get the best price if selling by knowing the accurate value of all your coins. In your note (a separate note we received from Nancy), you say your Grandmother collects coins. PCGS The Standard for the Rare Coin Industry. That said, no matter what the grade of your 1878 Morgan silver dollar is, the melt value (how much the silver itself is worth) is $12.79. Despite moderate even wear, lettering and rim are well defined giving your coin a respectable appearance. . The 1878 Morgan Silver Dollar was produced in three mints: Philadelphia, San Francisco, and Carson City. This means the coin is worth $19.65 based off its silver content alone. The original design was for that of a half dollar. The most valuable 1878 Morgan Silver Dollar carries the "CC" mintmark used by the Carson City Mint. Holding your coin by the edges, and by tilting and slowing rotating, unbroken bands of luster radiate from edge to edge. The Morgan Silver Dollar Coins listed in this Silver.com product special are from the original 1878-1904 production range. 1878-CC Carson City Morgan Silver Dollar pictures, mintage, facts, and information. Coins. Rarer dates or higher MS ratings can range from $500-5000. By CoinWeek ….. On Sunday, November 1, bidding ends on GreatCollections.com for this 1878-CC Morgan silver dollar graded MS-66 by PCGS.. Over two million Morgan dollars … History of the Morgan Silver Dollar . Showing excessive wear, your 1878 Morgan silver dollar value is tied closer to its silver content than collector value. The melt value of one 1878-1921 Morgan Dollar is shown below based on silver's price at 6/25/2018 2:59:01 PM EST. The 1878 Morgan Silver Dollar features a likeness of Miss Liberty on the obverse and an American bald eagle on the reverse. Get the best deals on Silver 1878 Morgan Dollars (1878-1921) when you shop the largest online selection at eBay.com. Of interest to collectors, 1878 is the first year of the popular Morgan dollar series. To calculate melt values of multiple dollars or use your own silver prices, edit the fields below and click "Update." 1878 marked the first year of production for the Morgan dollar. 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+ The first minted Morgan silver dollars in 1878 depicted an eagle with 8 Tail Feathers, Reverse Type A; the dies were modified soon after to show 7 Tail Feathers, Reverse Type B. 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. Over 2.2 million examples were struck at the Carson City Mint that year. The 1878 Morgan Silver Dollar was produced in three mints: Philadelphia, San Francisco, and Carson City. $4.00 shipping. The main mint in Philadelphia did not use a mintmark. In February 1878, the Bland-Allison Act became law and mandated that the government purchase several million dollars worth of silver every month and coin them into silver dollars. Calculate 90% silver value : ( 26.42 × .0321507466 × 26.73 × .90) = … The mint in Philadelphia settled on the 7 tail feather design and it continued as the design for the remaining years of the Morgan dollar series. Watch your tail … One of the other major factors which skews the price of the 1878 Morgan silver … $40.88. Each coin in this listing has a … Bookmark this page (Ctrl+D) and come back to get the current melt value for this coin. It always carries a premium value because of very low production, making it the rarest 1878 Morgan Dollar. These coins were minted from 1878-1904 and then in 1921. Free shipping on many items ... 1878-S MORGAN SILVER DOLLAR GEM UNCIRCULATED DMPL NICE COLOR!! Coin Values: Common dates in MS62-63 slabs can be found for $50. How Much Morgan Silver Dollars are Worth: Morgan Silver Dollar Values & Coin Price Chart For Sale 1642 Auctions 25 Wishlist 28 Collection 2903 Early Silver Dollars (1878-1921) A careful count of the feathers determines if there are 7 or 8. Silver 1878 Morgan Dollars (1878-1921) for sale | eBay Coin Values Moving with Precious Metals: Up-Dated 1/11/2021: Gold $1846 | Silver $24.91. Look for tips of feathers extending from underneath the major feathers. Buy & Sell This Coin. Philadelphia, San Francisco and thirdly, valued the highest are those from the Carson City mint. Further affecting value: Three different mints in 1878 coined silver dollars, all valued separately today. It came back into circulation for one year only, in 1921. The mint mark, if present, appears on the reverse above the “o” in “Dollar”. 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. 1878 S Morgan Dollar: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. Get the best deals on 1878 Morgan US Dollars when you shop the largest online selection at eBay.com. Your job is check for these mintmarks, locate them with the help of the image below and determine if your silver dollar has a "CC" or "S" mintmark, or no mintmark on the reverse. Compare your coins to images in the sections "How to grade Silver Dollars" and accurately discover how much your old dollars are worth. The hardest of the three reverses to spot are the small details determining the 7 over 8 feather variety. 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