Whitman Expo
1878 8TF One Dollar PR 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.
This coin is made of 90% silver; 10% copper and has a current melt value of $64.58
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.
Mint & Coinage Details
Mint Location:
Philadelphia
Mintage:
500
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
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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