The numismatic database project is designed to provide all information any coin collector or numismatist would need regarding a coin, medal or note of interest.
1878-P Morgan Dollar Value
The 1878-P morgan dollar value ranges from $1 to $100,000 depending on the quality of the coin and its mint strike type.
What is a 1878-P Morgan Dollar?The 1878-P Morgan Dollar is a silver coin that was manufactured at the Philadelphia mint. It has a legal tender value of $1.00. This was produced as a "Mint Strike" coin which usually means it was intended for circulation. The mintage of this coin is unknown and is therefore considered very rare at a minimum. This coin was minted in the first year of its series, and is a more popular coin to collectors for that reason, but not necessarily to investors. This coin contains a large amount of silver at 24.05274 grams (0.77 oz. Adjusted Silver Weight).
The 1878-P 8 TF is the very first of the Morgan Silver Dollars to be minted. Unlike other Morgans struck in the same year, the first ones featured an eagle on the obverse with 8 tail feathers.
This run of morgan dollars had a relatively low mintage compared to the others, which makes this coin more desirable to collectors and investors.
This coin is generally found in well-struck specimens with a large quantity of uncirculated coins available in the marketplace.
As this coin represents the first coin in the series, it tends to be a more popular coin that other Morgan Dollars with similar mintages.
Morgan Silver Dollar Obverse 1878-P 8TF (8 Tail Feathers)
Morgan Silver Dollar Reverse 1878-P 8TF (8 Tail Feathers)
|Weight||26.7300 grams / 0.8595 ounces|
|Metal Content||24.0527 grams / 0.7734 ounces|
|Metal Value||$20.55 (as of 2021-05-05, 4:05 AM)|
|Obverse Designer||George T. Morgan|
|Reverse Designer||George T. Morgan|
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