1878 8TF $1 MS66 Certification #-9164, PCGS #7072

Expert Comments

Ron Guth

The first Morgan Dollars bore 8 Tail Feathers, which apparently is an ornothologic impossibility, since bald eagles have seven tail feathers. This error was corrected later in the year but not until nearly three-quarters of a million dollars were made with the 8 Tail Feather reverse. This is a fairly common date that can be found in average Uncirculated grades but is scarce in Gem condition. Prooflike examples make up a small portion of the surviving population and Deep Mirror Prooflikes are an even a smaller subset, although both can be found with relative ease. In MS-64 and better conditions, DMPL 1878 8TF dollars are very rare.

Diameter
38.10 millimeters
Designer
George T. Morgan
Edge
Reeded
Mintage
749500
Weight
27.20 grams
Metal Content
90% Silver, 10% Copper
Country
The United States of America
Pop Higher
10
Pop Lower
14184
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates

Grades
65 or Better 250000 R-1.8 49 / 117 TIE 49 / 117 TIE
All Grades 75000 R-2.2 57 / 117 TIE 57 / 117 TIE
60 or Better 2000 R-4.6 59 / 117 TIE 59 / 117 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade
2 MS67 PCGS grade MS67 PCGS grade

Coronet Collection - Legend Rare Coin Auctions 6/2015:1, $55,813

2 MS67 PCGS grade
4 MS66+ PCGS grade MS66+ PCGS grade

Northern Lights Collection - Legend Rare Coin Auctions 1/2017:214, $19,388

4 MS66+ PCGS grade MS66+ PCGS grade