History, Information, and Value of 1878 Morgan Dollar
Value of 1878 Morgan Silver Dollar with 7 Over 8 Tail Feathers
It was decided to change the standard tail feather count on the eagle image on the reverse from 8 to 7. A number of new working dies produced by the Philadelphia Mint, ones that were possibly not finally hardened, were over-punched with the 7 tail feather hub. The impression did not completely obliterate tips of the first eight tail feathers, and as a result some of the dies used show visible signs of the earlier tail feathers. A rule of thumb for collectors is that at least four vestigial tips should be visible under the seven tail feathers_the more tips visible, the better. Circulation strikes usually have a sharp strike on both sides; the eagle’s breast feathers should be well-defined. No proofs were struck.
This Is A Common Coin In Circulated Condition: This popular variety was released into circulation around the time of striking and many of these circulated specimens are available today; grades run from well-worn VG up to attractive AU.
High Grade 1878 78TF Morgans Are Available: Name your grade, MS-60 to MS-65, and it’s yours. Above the MS-65 level the date can prove elusive but enough exist to satisfy the demand for ultra-grade collectors. Many Mint State survivors are from the Treasury hoards dispersed early in the 1960s.
The obverse text on the Morgan Dollar reads “Liberty; E Pluribus Unum; 1878.” The reverse text on the Liberty dollar reads “United States of America; In God We Trust; One Dollar.” The obverse of the silver one dollar coin has a bust of a female facing the left wearing a cap and small crown, with flowers tucked in her hair and stars surrounding the border. The reverse of the Morgan Dollar has an eagle in the center with its wings spread and a wreath surrounding.
The Morgan Dollar series is very popular among collectors. If you have a Morgan (Liberty) Dollar that you would like to sell, please contact our experts at Coinappraiser.com and they would be happy to help you. We run rare coin auctions and will find your treasured coin a home where it will be valued. Additionally, if you keep asking yourself: “What is my coin worth” then we invite you to use our online coin price guide. Contact us today to sell your coin!