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1878 8TF $1 Spiked Eye, VAM-14.8 PR

1878 8TF $1 Spiked Eye, VAM-14.8 PR

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Greysheet Catalog Details (GSID: 376026)
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.

Catalog Details    Dealers Only

Catalog Detail

GSID: 376026
Coin Date: 1878 8TF
Denomination: $1 / One dollar
Designation: PR
Mint Location: Philadelphia
Mintage: 500
Coinage Type: Morgan silver dollar
Coinage Years: 1878-1921
Composition: 90% silver; 10% copper
Variety: Spiked Eye
Variety 2: VAM-14.8
Strike Type: Proof
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