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This Morgan dollar is a popular date as both a first-year issue and more particularly a first-year Morgan from the Carson City Mint. While scarce in comparison to many other Morgan dollars from other mints, the 1878-CC is common enough to satisfy collector demand and can be found with relative easy in circulated and uncirculated grades through the mid-range Gem levels. There is a huge jump in price from MS66, in which the coin has many certified examples, to MS67, where only a relative handful are known. PL and DMPL examples are available through roughly MS64 and become significantly challenging in grades above that.
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.
Book Reference
Key to Collecting: Only the Reverse of 1878 (with parallel top arrow feather) was used to produce 1878-CC dollars, and all have seven tail feathers. Most examples are in Mint State and are usually attractive.
Surface Quality: Striking quality varies. All have a flat breast on the eagle, according to the design, but most have sharply defined feathers. Some show parallel planchet lines, particularly on the cheek and jaw of Liberty, where these features, on the original planchet, were not flattened out by the striking process. Some have lightness of detail in the lower part of the eagle and below. In 1982, Wayne Miller noted that this is “one of the most consistently well struck of all Morgan dollars.”6 The luster is very pleasing on the 1878-CC dollar, usually satiny.
Prooflike Coins: Some dies are prooflike, but these are in the distinct minority. However, in absolute terms enough exist that there is no diffculty finding one.
Mintage and Distribution: On April 17, 1878, the Carson City Morning Appeal included this commentary, including remarks on the dollar design not likely to prompt readers to acquire souvenirs:
Dies at last. . . . Yesterday morning the new dies for the U.S. Mint arrived from Philadelphia. There were ten obverse, ten reverse and six collars. The dies were hardened yesterday and the big Ajax press will start up today. There are 632,325 blanks ready for the press, and when they get to work will turn out the dollars at the rate of 30,000 per day. . . . We have had our little say about the dollars coined in Philadelphia, and now the Coiner here is driven to following the footsteps, or rather the press whacks, of the concern on the Delaware. Great disgust was expressed at the general appearance of the dies.7
After the great Treasury release was halted in March 1964, the General Services Administration holding of 1878-CC dollars totaled 60,993, or 2.75% of the original mintage, per a later inventory. Even before 1962, bag quantities were traded in numismatic circles from an estimated (by me) 100,000 to 125,000 released from the Treasury from the late 1930’s to 1962.
VARIETIES:
Many die combinations exist for the 1878-CC from 30 die pairs, none of commanding importance to nonspecialists. The Top 100 Morgan Dollar Varieties singles out VAM-6, VAM-11, VAM-18, and VAM-24.
Catalog Information
GSID:
7446
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:
Business
Diameter:
38.1
Coin Shape:
Round
Edge:
Reeded
Coin Date:
1878-CC
Denomination:
$1
Designation:
MS
Mint Location:
Carson City
Mint Mark:
CC
Mintage:
2,212,000
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7080
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Coin Value History
1878-CC $1 MS
Value By Grade
1878-CC $1 MS
CPG (retail) values
Currency
Grade Range
Grading Authority
Sort by
Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS67 |
|
$54,000 | $1,234 |
| MS67 | - | $39,500 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
| F15 |
|
$1,234 | $1,234 |
| F15 | - | $1,234 | $1,234 |
| F12 |
|
$1,234 | $1,234 |
| F12 | - | $1,234 | $1,234 |
| VG10 |
|
$1,234 | $1,234 |
| VG10 | - | $1,234 | $1,234 |
| VG8 |
|
$1,234 | $1,234 |
| VG8 | - | $1,234 | $1,234 |
| G6 |
|
$1,234 | $1,234 |
| G6 | - | $1,234 | $1,234 |
| G4 |
|
$1,234 | $1,234 |
| G4 | - | $1,234 | $1,234 |
| AG3 |
|
$1,234 | $1,234 |
| AG3 | - | $1,234 | $1,234 |
| AG2 |
|
$1,234 | $1,234 |
| AG2 | - | $1,234 | $1,234 |
| P1 |
|
$1,234 | $1,234 |
| P1 | - | $1,234 | $1,234 |
Morgan $1 Pre-1921 MS [Type]
![Morgan $1 Pre-1921 MS [Type]](https://images.greysheet.com/ProductImages/DLRC/194xxx/a15b3867-56c4-4feb-9ccd-68ae7da30226.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $41 – $80,000
Morgan $1 Pre-1921 MS PL [Type]
![Morgan $1 Pre-1921 MS PL [Type]](https://images.greysheet.com/ctc/catalog/90o-pl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $50 – $7,800
Morgan $1 Pre-1921 MS DMPL [Type]
![Morgan $1 Pre-1921 MS DMPL [Type]](https://images.greysheet.com/ctc/catalog/84cc-dmpl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $75 – $42,000
Morgan $1 Carson City Mint MS [Type]
![Morgan $1 Carson City Mint MS [Type]](https://images.greysheet.com/ProductImages/DLRC/416xxx/e90065e0-537f-4db8-b2b8-efacd6817cff.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $70 – $50,000
Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]
![Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]](https://images.greysheet.com/Ctc/CatalogEntry/ha_com_1314_4280-3.20200626010427369.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $270 – $5,400
1878 8TF $1 MS
Worth: $40 – $102,000
1878 8TF $1 MS PL
Worth: $200 – $4,400
1878 8TF $1 MS DMPL
Worth: $575 – $27,000
1878 7TF $1 Reverse of 1878 MS
Worth: $41 – $3,200
1878 7TF $1 Reverse of 1878 MS PL
Worth: $72 – $6,600
1878 7TF $1 Reverse of 1878 MS DMPL
Worth: $240 – $42,000
1878 7/8TF $1 Strong MS
Worth: $45 – $26,400
1878 7/8TF $1 Strong MS PL
Worth: $200 – $9,900
1878 7/8TF $1 Strong MS DMPL
Worth: $425 – $30,000
1878 7/8TF $1 Weak MS
Worth: $41 – $3,200
1878-CC $1 MS62 NGC. CDN: $400 Whsle. Bid for NGC/PCGS MS62. Mintage 2,212,000. ...
$415
1878-CC $1 MS64 PCGS. VAM-27. CDN: $690 Whsle. Bid for NGC/PCGS MS64. Mintage 2,212,000....
$732
1878-CC $1 XF45 PCGS. CDN: $220 Whsle. Bid for NGC/PCGS XF45. Mintage 2,212,000. ...
$238
1878-CC $1 MS65+ PCGS. CDN: $1,550 Whsle. Bid for NGC/PCGS MS65. Mintage 2,212,000. ...
$2,074
1878-CC $1 -- Cleaned -- ANACS Details. MS60 Details. Mintage 2,212,000....
$390
1878-CC $1 AU50 PCGS. CDN: $250 Whsle. Bid for NGC/PCGS AU50. Mintage 2,212,000. ...
$293
1878-CC $1 MS63 PCGS. CDN: $525 Whsle. Bid for NGC/PCGS MS63. Mintage 2,212,000....
$549
1878-CC $1 AU55 PCGS. CDN: $290 Whsle. Bid for NGC/PCGS AU55. Mintage 2,212,000. ...
$366
1878-CC $1 MS66 PCGS. VAM-9. ...
$5,124
1878-CC $1 AU58 PCGS. CDN: $315 Whsle. Bid for NGC/PCGS AU58. Mintage 2,212,000. ...
$366
1878-CC $1 AU53 PCGS. CDN: $275 Whsle. Bid for NGC/PCGS AU53. Mintage 2,212,000. ...
$317
1878-CC $1 VAM-2B, MS61 PCGS. CDN: $340 Whsle. Bid for NGC/PCGS MS61. Mintage 2,212,000. ...
$396
1878-CC $1 XF40 PCGS. CDN: $200 Whsle. Bid for NGC/PCGS XF40. Mintage 2,212,000. ...
$240
1878-CC $1 Fine 15 NGC. Mintage 2,212,000. ...
$192
1878-CC $1 NGC Circulated. Ex: Carson City Hoard. CDN: $325 Whsle. Bid for NGC/PCGS MS60. Mintage 2,212,000....
$192
1878-CC $1 Good 4 PCGS. CDN: $110 Whsle. Bid for NGC/PCGS Good 4 . Mintage 2,212,000. ...
$139
1878-CC $1 Good 6 PCGS. Mintage 2,212,000. ...
$144
1878-CC $1 VF35 PCGS. VAM-13. Mintage 2,212,000....
$210
1878-CC $1 VF30 PCGS. VAM-1B. Mintage 2,212,000....
$198
1878-CC $1 Fine 12 PCGS. Mintage 2,212,000. ...
$174
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