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While mintage reports indicate 750 examples of the 1878 8TF Morgan dollar were struck, market availability suggests it may have been a much lower number. Survival estimates approximate perhaps 400 survivors, most grading PR60-64. There is a small handful of proofs grading PR65 or better, with a very rare few up to MS67. Cameos constitute perhaps half of the known survivors, with any deep cameos being extremely rare and worthy of strong premiums.
Obverse Description
Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse Description
The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Catalog Information
GSID:
7881
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1878
Reverse Designer:
George T. Morgan
Reverse Lettering:
UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR
Fineness:
0.9
Weight (gr):
26.73 gr
Weight (oz):
0.8594 oz
Precious Metal Weight:
0.7734 oz
Strike Type:
Proof
Diameter:
38.1
Coin Shape:
Round
Edge:
Reeded
Coin Date:
1878 8TF
Denomination:
$1
Designation:
PR
Mint Location:
Philadelphia
Mintage:
500
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
87311
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Coin Value History
1878 8TF $1 PR CAM
Value By Grade
1878 8TF $1 PR CAM
CPG (retail) values
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Grade Range
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Pricing
Values
Greysheet & CPG® Values
$1 1878 8 TAIL FEATHERS. PCGS PR66 CAM
$31,725
1878 8TF $1 PR64 Cameo PCGS. CAC. VAM-14.3, ...
$10,200
1878 8TF $1 PR67+ Cameo NGC. VAM-14.3, Doubled Bow. ...
$36,425
1878 8TF $1 PR65 Cameo PCGS. ...
$11,750
1878 8TF $1 PR61 Cameo NGC. ...
$2,350
1878 8TF $1 PR63 Cameo NGC. ...
$5,462
1878 8TF $1 NGC Proof 66 CAM
$32,500
$1 1878 8 TAIL FEATHERS. PCGS PR64+ CAM CAC
$14,100
1878 8TF $1 PR67 Cameo PCGS. ...
$70,500
1878 8TF $1 PR65 Cameo NGC. ...
$11,162
1878 8TF $1 PR61 Cameo PCGS. ...
$3,232
1878 8TF $1 PR66+ Cameo PCGS. CAC. VAM-14.3. ...
$38,400
$1 1878 8 TAIL FEATHERS. PCGS PR64+ CAM CAC
$14,100
1878 8TF $1 PR67 Cameo NGC. ...
$28,200
1878 8TF $1 PR65 Cameo NGC. CAC. ...
$12,650
1878 8TF $1 PR66 Cameo NGC. ...
$13,200
1878 8TF $1 PR64+ Cameo PCGS. CAC. VAM-14.8, Spiked Eye. ...
$13,200
$27,600
1878 8TF $1 PR65 Cameo NGC. VAM-14.3. The diagnostics for this variety include recutting on t...
$11,500
1878 8TF $1 PR66 Cameo NGC. ...
$16,450
Morgan Dollar $1 1878-1921 PR [Type]
Worth: $900 – $150,000
1878 7TF $1 Reverse of 1878 PR
Worth: $3,150 – $70,000
1878 7TF $1 Reverse of 1879 PR
Worth: $22,000 – $144,000
1878 8TF $1 PR
Worth: $2,420 – $39,600
1878 8TF $1 Presentation Piece, First Die Pair, VAM-9 SP
1878-S $1 Specimen Strike, VAM-58 SP
1878-S $1 Specimen Strike, Long Knock, VAM-60 SP
Worth: $220,000 – $264,000
1879 $1 PR
Worth: $1,100 – $12,000
1879-O $1 PR BM
Worth: $175,000 – $175,000
1880 $1 PR
Worth: $1,100 – $150,000
1881 $1 PR
Worth: $1,100 – $33,000
1881-O $1 PR BM
Worth: $660,000 – $660,000
1882 $1 PR
Worth: $1,100 – $30,000
1883 $1 PR
Worth: $1,100 – $32,000
1883-O $1 PR BM
Worth: $200,000 – $240,000
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7/25/2024
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