1878 Morgan Silver Dollar with 8 Tail Feathers
The first Morgan Silver Dollar minted had 8 tail feathers, which was an impossibility ornithologically because the bald eagle only has 7 tail feathers. The Philadelphia Mint corrected this error this same year that they were minted, but not until over 700,000 1878 Morgan Dollars with 8 tail feathers were created.
AUCTION RECORD: $55,813 • MS67
Image source: PCGS
History of the 1878 Morgan Silver Dollar with 8 Tail Feathers
The obverse side of the Morgan Silver Dollar depicts liberty, while the reverse shows a bald eagle with its wings spread wide, and, of course, eight feathers. Morgan dollars are one of the most famous of the United States coins ever minted. The Morgan Silver Dollars are a valuable and important part of U.S. history, representing a major part of early westward development in America.
1878 Morgan Silver Dollar Value
How Much Is An 1878 Morgan Silver Dollar With 8 Feathers Worth?
The 1878 Morgan silver dollar prices can run upwards into the tens of thousands depending on the grade. Average uncirculated grades are fairly common and easy to find, while gem condition is scarce. There are many different varieties of the Morgan Silver that were minted, making it a fun collection to build, but also a difficult one.
Type of coin: Silver Dollar
Year: 1878 Morgan Silver Dollar 8 Tail Feathers
Morgan Silver Dollar Mint Mark: Philadelphia
Total mintage: 749,500
Metal content: 90% Silver, 10% Copper
Face value: One dollar
Weight: 27.20 grams
Edge: Reeded
Designer: George T. Morgan
Diameter: 38.10 millimeters
FAQ
What is the significance of the 1878 Morgan Silver Dollar with 8 tail feathers?
The 1878 Morgan Silver Dollar with 8 tail feathers is significant because it was the first design issued in the series. The U.S. Mint later revised the design to show 7 tail feathers, making the original 8 tail feathers variant more unique and sought after by collectors.
How does the 8 tail feathers variant affect the 1878 Morgan Silver Dollar value?
The 8 tail feathers variant of the 1878 Morgan Silver Dollar is generally more valuable than its 7 tail feathers counterpart due to its rarity and the historical significance of being the first design minted.
What is the average value of an 1878 Morgan Silver Dollar with 8 tail feathers?
The value of an 1878 Morgan Silver Dollar with 8 tail feathers can vary widely based on its condition. In circulated grades, it might range from $50 to several hundred dollars, while uncirculated examples can fetch significantly higher prices, often exceeding $1,000.
Are there any rare mint marks for the 1878 Morgan Silver Dollar with 8 tail feathers?
The 1878 Morgan Silver Dollar with 8 tail feathers was primarily minted in Philadelphia and does not bear a mint mark. The rarity and value are more influenced by its condition and the specific die varieties, such as the 7 over 8 tail feathers, rather than mint marks.
How can I identify an authentic 1878 Morgan Silver Dollar with 8 tail feathers?
To identify an authentic 1878 Morgan Silver Dollar with 8 tail feathers, examine the reverse side of the coin for the number of tail feathers on the eagle. Authentic coins will have clear details, correct weight, and metal composition consistent with Morgan Silver Dollars.
What are the key die varieties of the 1878 Morgan Silver Dollar with 8 tail feathers?
Key die varieties of the 1878 Morgan Silver Dollar with 8 tail feathers include the 7 over 8 strong and 7 over 8 weak varieties, where the original 8 feathers were overstruck with 7 feathers. These varieties can be more valuable than the standard 8 tail feathers variant.
How does condition affect the 1878 Morgan Silver Dollar with 8 tail feathers value?
The condition of the 1878 Morgan Silver Dollar with 8 tail feathers greatly affects its value. Coins in higher grades (e.g., MS-65 and above) are significantly more valuable due to their rarity in such well-preserved condition.
Where is the best place to buy or sell an 1878 Morgan Silver Dollar with 8 tail feathers?
The best places to buy or sell an 1878 Morgan Silver Dollar with 8 tail feathers include reputable coin dealers, numismatic auctions, and coin shows. Online marketplaces can also be a source, but ensure transactions are secure and the coin's authenticity is verified.
Can the 1878 Morgan Silver Dollar with 8 tail feathers be a good investment?
Yes, the 1878 Morgan Silver Dollar with 8 tail feathers can be a good investment, especially for coins in higher grades or with rare die varieties. Its historical significance and rarity contribute to its potential appreciation in value.
What should I look for when assessing the grade of an 1878 Morgan Silver Dollar with 8 tail feathers?
When assessing the grade of an 1878 Morgan Silver Dollar with 8 tail feathers, look for the level of detail in Liberty's hair and the eagle's feathers, the presence of luster, and any signs of wear or damage. Professional grading by a reputable service can provide an accurate assessment.
Buy Morgan Silver Dollars Online >
Learn more about 1878 Morgan Silver Dollar (7 Feathers), 1878-CC Morgan Silver Dollar, 1878-S Morgan Silver Dollar, 1879 Morgan Silver Dollar, 1879-CC Morgan Silver Dollar, 1879-O Morgan Silver Dollar, 1879-S Morgan Silver Dollar.