It came back into circulation for one year only, in 1921. PCGS The Standard for the Rare Coin Industry. Morgan Dollar Silver Coin Melt Calculator. Between all three mints, approximately 22,494,000 Morgan Silver Dollars were produced in 1878. Images are further down the page identifying each variety. 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. Good: Lack of design defines this old silver dollar as "Good" condition. This series begins with the 1878 Morgan Silver Dollar With 8 Tail Feathers. Watch your tail … One of the other major factors which skews the price of the 1878 Morgan silver … This marked the only year the coins were minted in Denver. The Morgan Dollar is minted in 90% silver and 10% copper. It is one of four different 1878 Morgan Dollar varieties (and that is not counting branch mints). Showing excessive wear, your 1878 Morgan silver dollar value is tied closer to its silver content than collector value. For, in many cases, the mintage numbers often grossly misrepresent on the positive side the actual current population of 1878 Morgan Silver Dollars. $40.88. Essential to highest accurate coin values is determining the condition of your 1878 silver dollar. Morgan silver dollars with no mint marks were minted in Philadelphia. Holding your coin by the edges, and by tilting and slowing rotating, unbroken bands of luster radiate from edge to edge. Are you concerned the precious metals train has left the station without you? Each series is covered in detail, with values listed for all dates and mintmarks, including more on your 1878 Morgan silver dollar value. 1878 S Morgan Dollar: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. Silver 1878 Morgan Dollars (1878-1921) for sale | eBay Get the best deals on Silver 1878 Morgan Dollars (1878-1921) when you shop the largest online selection at eBay.com. Get the best deals on 1878 Morgan US Dollars when you shop the largest online selection at eBay.com. By closely examining the surface and judging the amount of wear reflect its "grade." Any wear disrupts these bands, most evident on Liberty's cheek. 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. $4.00 shipping. A smoothing of the chin and cheek is evident. 1878 Morgan Dollar COIN INDEX Available exclusively from American Mint, thismagnificent proof is meticulously reproduced from the highly coveted 1878 Morgan Silver Dollar. 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. Free shipping on many items | Browse your favorite brands | affordable prices. Morgan Silver Dollar Values 1878 to 1921 Condition of Coin; Date Good Fine Extremely Fine Mint State Morgan Silver Dollar Values 1/4/2021 1878 8TF $35.47 $40.25 $43.20 $166 1878 7/8TF $33.42 $35.47 $40.25 $148 1878 7TF $28.65 $35.47 $37.63 $74.25 1878 CC $67 $98 $118 $272 1878 S $28.65 $30.01 $37.63 $67.50 1879 $25.81 $25.81 $28.65 Calculate 90% silver value : ( 26.42 × .0321507466 × 26.73 × .90) = … The San Francisco Mint used an "S". 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+ Hair detail is still well defined, with just minimal flattening overall. Once rounded, the front of the neck and cheek below the eye are now noticeably flattened by wear and abrasions. 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. It was reintroduced for one year in 1921. Dollars; Morgan Dollar (1878-1921) Shop at: APMEX David Lawrence L&C Coins Collectors Corner eBay U.S. Get the best price if selling by knowing the accurate value of all your coins. 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 … Bookmark this page (Ctrl+D) and come back to get the current melt value for this coin. Review all of these factors discovering how much your coin is worth. It's updated every 15 minutes. each. Grading the 1878 Morgan Silver Dollar For coins from the 1800s, the most difficult task for collectors is finding a piece that has remained in decent condition through its 100+ year history. All fine lines in the hair above the forehead have disappeared, replaced by large flat areas. The hardest of the three reverses to spot are the small details determining the 7 over 8 feather variety. Of interest to collectors, 1878 is the first year of the popular Morgan dollar series. The original design was for that of a half dollar. Rarer dates or higher MS ratings can range from $500-5000. Additionally those struck by the Philadelphia mint have different unique varieties on the reverse, each distinctive and collected separately. The main mint in Philadelphia did not use a mintmark. Morgan Silver Dollars were temporarily struck again in 1921, before being replaced later in that same year by the new Peace Silver Dollar design. 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. 1878 Morgan Silver Dollar Mintage Figures. This page also shows coins listed for sale so you can buy and sell. 1878 Morgan Silver Dollar Value. More than half a billion Morgan Silver Dollars were minted between 1878-1904. To figure the value of a US Morgan silver dollar, start with its basic silver value. Extremely Fine: After only short time in circulation the highest parts of the design begin to wear down slightly. History of the Morgan Silver Dollar . Often an old coin is common in heavily worn condition but scarce and valued much higher if significant detail remains. Grade indicates condition or amount of wear.) To calculate melt values of multiple dollars or use your own silver prices, edit the fields below and click "Update." Silver dimes, quarters, half dollars and silver dollars are all heavy with 90% silver and worth many times their face value. 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. Of interest to collectors, 1878 is the first year of the popular Morgan dollar series. Lettering now connects to the rim in places but readable. Year + Mint ** Number of coins minted Poor or Fair Good (G) Buy & Sell This Coin. 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. . Your 1878 Morgan silver dollar value is a minimum of $26.15 Fine: Wear has reduced original design detail to the point of merging. In your note (a separate note we received from Nancy), you say your Grandmother collects coins. The mint mark, if present, appears on the reverse above the “o” in “Dollar”. Morgan Silver Dollar Circulation The Morgan Dollar circulated from 1878 to 1904. Coins. US Morgan Dollar from Carson City (GSA) 1878 to 1893. RARE THIS NICE!! A careful count of the feathers determines if there are 7 or 8. With the passage of the Bland-Allison Act in 1878, the United States government was required to buy between two and four million ounces worth of silver every month, and convert it into silver dollars. Each Morgan silver dollar coin contains 0.773 troy ounces of silver. As expected, those coins that have been well-preserved over the years are the ones that will sell for the highest prices. Hi Nancy, Sounds like you have a nice US Morgan silver dollar with a CC mint mark encapsulated in a special government holder. Now determine its date, mintmark and condition, refer to the chart and its value is often surprising. ★Coin Values Discovery finds... 1878 Morgan Silver Dollar Value and... All old US coin values. Philadelphia, San Francisco and thirdly, valued the highest are those from the Carson City mint. 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. It always carries a premium value because of very low production, making it the rarest 1878 Morgan Dollar. Coin Values Moving with Precious Metals: Up-Dated 1/11/2021: Gold $1846 | Silver $24.91. Well worth checking, the specific reverse variety of your coin has an impact on value in the uncirculated grade. Silver dollars are Popular, very Popular… finding a Morgan silver dollar in your box of old coins is finding a coin worth at least $22.73 Therefore, you cannot assume the currently existing population for a given date is close to its original mintage figure. The 1878 Morgan Silver Dollar features a likeness of Miss Liberty on the obverse and an American bald eagle on the reverse. 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. Though well-preserved pieces do exist, they are seldom easy to be found, and even more seldom found in … 1878 marked the first year of production for the Morgan dollar. Liberty is mostly an outline, once a cap, hair curls and head band are now obscured. 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. Many are worth a significant premium due to collector demand often raising the value far above silver bullion price. As reflected on the chart, 1878 Morgan silver dollar value is accurately determined by, variety, mintmark and condition. With today's high value of silver your old coins are becoming surprisingly valuable. Uncirculated: Is your 1878 Morgan silver dollar value at a premium because of "uncirculated" condition? Approximately 10,508,000 of the coins were minted in 1878. Easily identifiable changes were made in the first year to the reverse design of the Morgan dollar. The 1878 Morgan Silver Dollar was produced in three mints: Philadelphia, San Francisco, and Carson City. Lack of any hair line above the forehead places this coin solidly in this lower grade. 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. This means the coin is worth $19.65 based off its silver content alone. Entries in the value chart above are listed under these grade headings. The most valuable 1878 Morgan Silver Dollar carries the "CC" mintmark used by the Carson City Mint. Many are worth a significant premium due to collector demand often raising the value far above silver bullion price. Despite moderate even wear, lettering and rim are well defined giving your coin a respectable appearance. This is a valuable coin. This is the first Morgan Dollar struck at the Carson City Mint. 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. The coins were also minted in New Orleans, Denver, Carson City and San Francisco. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nation's great gold and silver rushes – particularly 1859 and the great Comstock Lode! Ending Today at 6:15PM PST 14h 3m. Nearly half of these coins - over 270,000,000 - were melted down as a result of the Pittman Act of 1918. These coins were minted from 1878-1904 and then in 1921. The Morgan Silver Dollar Coins listed in this Silver.com product special are from the original 1878-1904 production range. Today's Minimum Silver Coin Values, Copyright © 2007-2021 Daniel A. HarrisAll Rights Reserved. 6 bids. However, uncirculated examples are far scarcer for this issue than the 1882-CC, 1883-CC or 1884-CC. Use a web site such as kitco.com to find the current price of silver in US dollars per troy ounce, then multiply that price by 0.773 to calculate the base value … Your 1878 Morgan silver dollar value is a minimum of $27.62 each. 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) 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. An uncirculated coin is without any wear to its surfaces. The 1878 Morgan Silver Dollar has a value of between $30 and $60,000 Type: Morgan Dollar Value: $30.00 to $60,000.00 Silver Value : $21.18 USD Mintage’s: 9.7 million in San Francisco, 2.2 million in Carson City, and 10 million in Philadelphia Direct pressure from the silver mining industry, particularly the western states, led to the creation of the Morgan Dollar. All told, production of the Morgan Silver Dollar spanned five decades, creating what is arguably the most beloved - and most collected - silver dollar in American history. Value charts in combination with grading images to judge condition discovers how much your old coin are worth. Look for tips of feathers extending from underneath the major feathers. Find the current Morgan Dollar values by year, coin varieties, and specific grade. * ONE DOLLAR* is on the bottom. The most valuable 1878 Morgan Silver Dollar carries the “CC” mintmark used by the Carson City Mint. No surprise here, the large size and classic designs insure Silver Dollars are one of the favorites with collectors. Further affecting value: Three different mints in 1878 coined silver dollars, all valued separately today. Extremely fine condition describes a Morgan dollar with light wear. Over 2.2 million examples were struck at the Carson City Mint that year. Value all has to do with the number of tail feathers of the eagle on the reverse design. It always carries a premium value because of very low production, making it the rarest 1878 Morgan Dollar. 1878 Morgan Silver Dollar. Value of 1878 Morgan Silver Dollar with 8 Tail Feathers. These are identified by the "CC" mintmark found on the reverse below the eagle's tail feathers. Scarcity and demand combine to raise the minimum value of 1878 silver dollars minted at the Carson City mint. 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-CC Carson City Morgan Silver Dollar pictures, mintage, facts, and information. 1. The 1878 Morgan Silver Dollar was produced in three mints: Philadelphia, San Francisco, and Carson City. FREE - Silver Dollar Price Guide and Check List Values of Liberty Head “Morgan” Silver Dollars minted from 1878 to 1921* DATE Mintage*** Silver Dollar Grades (Value is based on the Coin’s Grade. Free shipping on many items ... 1878-S MORGAN SILVER DOLLAR GEM UNCIRCULATED DMPL NICE COLOR!! The mint mark, which signifies where the coin was minted, also plays a large role in the value of the 1878 Morgan silver dollar. The Morgan Silver Dollars had more in circulation than the Peace Dollars because of the Silver … Many of your old US silver coin values are tied closely to the price of silver. Coin Values: Common dates in MS62-63 slabs can be found for $50. The Morgan silver dollar was minted between 1878 and 1904. Original silver mint luster still covers all design details. Also worth mention, San Francisco minted coins identified by an "S" mintmark and Philadelphia coins (no mintmark) both have premium values compared to other dates in the Morgan series. While it is the only year and mint (Philadlephia Mint) of this variety, it … While Morgan Silver Dollars are technically called Liberty Head silver dollars, they are more widely known by their namesake designer, George T. Morgan. Each coin in this listing has a … Overall, in this condition your silver dollar portrays a sharp crisp appearance, with a nice silver gray coloring. Each variety is valued separately. 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. Date by DateIn Depth Morgan Silver Dollar Value1878 to 1921, Morgan Silver Dollar Values | Popular and Valuable. Value of 1878 cc Morgan Dollar. Compare your coins to images in the sections "How to grade Silver Dollars" and accurately discover how much your old dollars are worth.