View All 1878 Morgan Dollar

1878 Proof Morgan Dollar - 8TF

Strike Type
1878 (P) Dollar coin

Coin Details

Year
1878
Denomination
Dollar
Mint Mark
P
Strike Type
Proof
Series
Morgan Dollars 1878-1921
Designer
George T. Morgan
Mintage
500
Composition
90% Silver, 10% Copper
Weight
26.73g
Diameter
38.1mm
Edge
Reeded

Value Estimates

$87 - $2,546

Values as of May 2026, from published price guides and, in some cases, recorded auction sales. For most coins the range runs from a well-worn example (around G-4) to an uncirculated one, but individual coins can sell for more or less depending on grade, eye appeal and demand. Compare recent sales of similar coins for a closer estimate.

Description

The 1878 Proof Morgan Dollar - 8TF is part of the Morgan Dollars 1878-1921 series. The Philadelphia Mint struck 500 proof Morgan dollars with the eight-tail-feather reverse in 1878. 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. 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 #7311.

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