1878 8TF Spiked Eye One Dollar PR VAM-14.8 Values

Greysheet & Red Book® Price Guide
Melt: $58.59 (0.7734 oz Silver)

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1878 8TF Spiked Eye One Dollar PR VAM-14.8 Values

Details

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: 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: 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.

Basic Information

GSID:

376026

Coin Date:

1878 8TF

Denomination:

$1 / One Dollar

Designation:

PR

Mint & Coinage Details

Mint Location:

Philadelphia

Mintage:

500

Coinage Type:

Morgan silver dollar

Coinage Years:

1878-1921

Composition:

90% silver; 10% copper

Varieties and Classification

Variety:

Spiked Eye

Variety 2:

VAM-14.8

Physical Characteristics

Fineness:

0.9

Weight:

26.73 gr

Weight:

0.8594 oz

Precious Metal Weight:

0.7734 oz

Strike Type:

Proof

Diameter:

38.1 mm

Coin Shape:

Round

Design Details

Designer:

George T. Morgan

Obverse Lettering:

E PLURIBUS UNUM, LIBERTY, 1878

Obverse Designer:

George T. Morgan

Reverse Lettering:

UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR

Reverse Designer:

George T. Morgan

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