The 1878 Morgan Silver Dollar has a value of between $30 and $60,000
Type: Morgan Dollar
Value: $30.00 to $60,000.00
Silver Value : $23.97 USD
Mintage’s: 9.7 million in San Francisco, 2.2 million in Carson City, and 10 million in Philadelphia
Metal Content: 90% silver, 10% copper
Raw Weight: 26.73 g
Silver Weight: .7735 oz
Face Value: $1.00
Diameter: 1.5 in
Edge: Reeded
Years Minted: 1878 to 1904 and then again in 1921
This was the first year the Morgan Silver Dollar was minted. Due to differences in where the coin was minted and which dies were used, these coins have a variety of values. There are 8 feathered (8TF), 7 feathered (7TF), 7/8 feathered and those with a 1879 reverse. These were minted in both Carson City and in San Francisco and, at the higher end of the grading scales can have significant value.