1878 Morgan Silver Dollar

The 1878 version of the Morgan Silver Dollar is worth on average $11,500.00 if in Mint State (uncirculated), while one in poor condition will have a value of just $35.00. If the coin has an error, or is certified, this will further add to its appeal and raise its price numismatically speaking.


  • Year: 1878
  • Mint: No Mint Mark
  • Type: Morgan Silver Dollar
  • Mintage: 10,508,000
  • Metal: 90% Silver 10% Copper
  • What's it worth?: $11,500.00 to $35.00

1878 was the first year Morgan Silver Dollars were issued. On the reverse you will find various numbers of tail feathers. There are some specimens with 7, some with 8, and some restrikes with 7 over 8.

The first 750,000 struck were high relief and had 8 tail feathers. Henry Linderman the mints director ordered new dies with 7 feathers. All other eagles on coins prior to this had only 7 feathers. In addition he also lowered the relief.

What this means is that 8 feathered 1878 Morgan Silver Dollars should by default have better detail due to the higher relief than the 7 feathers. This should be accounted for when determining the coins condition. Condition should be based on the original mint state.

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Check out the price chart for the top coins in this series. Prices based off high-end conditions that have been certified.

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Morgan Silver Dollar

The Morgan Silver Dollar has a weight of 26.73 g.