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1878 Morgan Dollar - 7/8 Strong

Strike Type
1878 Morgan Dollar - 7/8 Strong

Coin Details

Year
1878
Denomination
Dollar
Mint Mark
P
Strike Type
Regular Strike
Series
Morgan Dollars 1878-1921
Designer
George T. Morgan
Mintage
9,759,300
Composition
90% Silver, 10% Copper
Weight
26.73g
Diameter
38.1mm
Edge
Reeded

Value Estimates

$87 - $2,546

Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.

Auction Record

$15,010 MS66 01-03-2011 Bowers & Merena

Description

The 1878 Morgan Dollar - 7/8 Strong is a dollar produced at the Philadelphia Mint as part of the Morgan Dollars 1878-1921 series. With a mintage of 9.8 million, this is a less common issue — ranked 8th of 11 mint variants by mintage, with 19% of production. The obverse features Liberty facing left wearing a Phrygian cap adorned with wheat and cotton, encircled by stars and the reverse displays an eagle with outstretched wings clutching an olive branch and arrows, surrounded by a wreath. First year of the Morgan Dollar. Eight tail feather and seven tail feather varieties exist from early die adjustments. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value ranges from $87 to $2.5K depending on grade and condition. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Cataloged as PCGS #7078.

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