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The 1878 7TF Reverse of 1878 proof Morgan dollar is a scarce coin in all grades, with even a few of the lightly worn examples that had entered circulation taking strong premiums. The vast majority of proof examples that hit the marketplace hover in the PR62-64 range, with a tiny handful of pieces grading in the PR67 range. A few dozen or so cameos exist and are much rarer than the regular proofs, while DCAMs are essentially unheard of for this issue.
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:
7874
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
Variety:
Reverse of 1878
Coin Date:
1878 7TF
Denomination:
$1
Designation:
PR
Mint Location:
Philadelphia
Mintage:
250
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7312
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Coin Value History
1878 7TF $1 Reverse of 1878 PR
Value By Grade
1878 7TF $1 Reverse of 1878 PR
CPG (retail) values
Currency
Grade Range
Grading Authority
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Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| PR67 |
|
$84,000 | $1,234 |
| PR67 | - | $72,000 | $1,234 |
| PR66 |
|
$1,234 | $1,234 |
| PR66 | - | $1,234 | $1,234 |
| PR65 |
|
$1,234 | $1,234 |
| PR65 | - | $1,234 | $1,234 |
| PR64 |
|
$1,234 | $1,234 |
| PR64 | - | $1,234 | $1,234 |
| PR63 |
|
$1,234 | $1,234 |
| PR63 | - | $1,234 | $1,234 |
| PR62 |
|
$1,234 | $1,234 |
| PR62 | - | $1,234 | $1,234 |
| PR61 |
|
$1,234 | $1,234 |
| PR61 | - | $1,234 | $1,234 |
| PR60 |
|
$1,234 | $1,234 |
| PR60 | - | $1,234 | $1,234 |
Morgan Dollar $1 1878-1921 PR [Type]
![Morgan Dollar $1 1878-1921 PR [Type]](https://images.greysheet.com/Ctc/Catalog/20201003/auctions_stacksbowers_com_lots_view_1_1dciu-0.20201003221013187.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $960 – $150,000
1878 7TF $1 Reverse of 1879 PR
Worth: $22,000 – $144,000
1878 8TF $1 PR
Worth: $1,320 – $39,600
1878 8TF $1 Presentation Piece, First Die Pair, VAM-9 SP
1878-S $1 Specimen Strike, VAM-58 SP
Worth: $220,000 – $264,000
1878-S $1 Specimen Strike, Long Knock, VAM-60 SP
Worth: $220,000 – $264,000
1879 $1 PR
Worth: $1,200 – $12,500
1879-O $1 PR BM
Worth: $175,000 – $175,000
1880 $1 PR
Worth: $1,200 – $150,000
1881 $1 PR
Worth: $1,200 – $33,000
1881-O $1 PR BM
Worth: $660,000 – $660,000
1882 $1 PR
Worth: $1,200 – $30,000
1883 $1 PR
Worth: $1,200 – $32,000
1883-O $1 PR BM
Worth: $200,000 – $240,000
1884 $1 PR
Worth: $1,200 – $12,500
1878 7TF $1 Reverse of 1878 PR60 NGC. VAM-115. ...
$10,370
1878 Morgan Silver Dollar. 7 Tailfeathers. Reverse of 1878. Proof-64 (NGC). CMQ.
$14,400
1878 Morgan Silver Dollar. 7 Tailfeathers. Reverse of 1878. Proof-61 (NGC).
$5,760
1878 7TF $1 Reverse of 1878 PR65 NGC. ...
$13,200
1878 7TF $1 Reverse of 1878 PR67+ PCGS. VAM-131. CAC. ...
$84,000
1878 Morgan Silver Dollar. 7 Tailfeathers. Reverse of 1878. Proof-63 (PCGS).
$4,080
1878 7TF $1 PCGS Proof 50 (Reverse of 1878)
$2,450
1878 7TF $1 Reverse of 1878 PR66 NGC. ...
$12,925
$2,468
1878 7TF $1 Reverse of 1878 PR62 NGC. ...
$6,462
1878 7TF $1 Reverse of 1878 Proof, Engraved Obverse, NCS. An intricately struck, brilliant, and perhaps dipped specimen of...
$3,220
1878 Morgan Silver Dollar. 7 Tailfeathers. Reverse of 1878. Proof-64+ (PCGS). CAC.
$13,200
1878 7TF $1 Reverse of 1878 PR61 PCGS. ...
$1,880
$1 1878 7 TAIL FEATHERS. REV. OF '78 PCGS PR65 CAC
$28,200
1878 7TF $1 Reverse of 1878 PR67 PCGS. The 1878 7 tail feathers issue was struck in two major...
$63,250
1878 7TF $1 Reverse of 1878 PR63 PCGS. ...
$3,760
1878 Morgan Silver Dollar. 7 Tailfeathers. Reverse of 1878. Proof-50 (ANACS). OH.
$1,528
1878 7TF $1 Reverse of 1878 PR66 PCGS. CAC. ...
$23,794
1878 Morgan Silver Dollar. 7 Tailfeathers. Reverse of 1878. Genuine--Code 94, Altered Surfaces (PCGS).
$2,116
1878 7TF $1 Reverse of 1878 PR62 NGC. ...
$2,300
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Events
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction
Location: Heritage Auctions
Wednesday, July 1, 2026
Heritage Auctions: World & Ancient Coins Wednesday & Thursday Select Auction
Location: Heritage Auctions
Thursday, July 2, 2026
