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The 1878 8TF dollar is a relatively scarce first issue of the long-running Morgan series, considered by many as the most popular of all United States coins. Hard to find in all grades, the 1878 8TF is particularly challenging in the Gem MS range and up, with PLs and DMPLs even harder though obtainable for a cost. The reasons behind the relative short issuance of the eight tail feather variety has decidedly ornithological origins: American bald eagles have only seven tail feathers as correctly seen on all Morgan dollars minted after 1878.
Obverse Description
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 Description
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 Information
GSID:
7444
Designer:
George T. Morgan
Obverse Designer:
George T. Morgan
Obverse Lettering:
E PLURIBUS UNUM, LIBERTY, 1878
Reverse Designer:
George T. Morgan
Reverse Lettering:
UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR
Fineness:
0.9
Weight (gr):
26.73 gr
Weight (oz):
0.8594 oz
Precious Metal Weight:
0.7734 oz
Strike Type:
Business
Diameter:
38.1
Coin Shape:
Round
Edge:
Reeded
Coin Date:
1878 8TF
Denomination:
$1
Designation:
MS
Mint Location:
Philadelphia
Mintage:
749,500
Coinage Type:
Morgan silver dollar
Coinage Years:
1878-1921
Composition:
90% silver; 10% copper
PCGS #:
7072
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Coin Value History
1878 8TF $1 MS
Value By Grade
1878 8TF $1 MS
CPG (retail) values
Currency
Grade Range
Grading Authority
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Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS68 |
|
$144,000 | $1,234 |
| MS68 | - | $120,000 | $1,234 |
| MS67 |
|
$1,234 | $1,234 |
| MS67 | - | $1,234 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
| F15 |
|
$1,234 | $1,234 |
| F15 | - | $1,234 | $1,234 |
| F12 |
|
$1,234 | $1,234 |
| F12 | - | $1,234 | $1,234 |
| VG10 |
|
$1,234 | $1,234 |
| VG10 | - | $1,234 | $1,234 |
| VG8 |
|
$1,234 | $1,234 |
| VG8 | - | $1,234 | $1,234 |
| G6 |
|
$1,234 | $1,234 |
| G6 | - | $1,234 | $1,234 |
| G4 |
|
$1,234 | $1,234 |
| G4 | - | $1,234 | $1,234 |
| AG3 |
|
$1,234 | $1,234 |
| AG3 | - | $1,234 | $1,234 |
| AG2 |
|
$1,234 | $1,234 |
| AG2 | - | $1,234 | $1,234 |
Morgan $1 Pre-1921 MS [Type]
![Morgan $1 Pre-1921 MS [Type]](https://images.greysheet.com/ProductImages/DLRC/194xxx/a15b3867-56c4-4feb-9ccd-68ae7da30226.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $46 – $80,000
Morgan $1 Pre-1921 MS PL [Type]
![Morgan $1 Pre-1921 MS PL [Type]](https://images.greysheet.com/ctc/catalog/90o-pl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $63 – $7,800
Morgan $1 Pre-1921 MS DMPL [Type]
![Morgan $1 Pre-1921 MS DMPL [Type]](https://images.greysheet.com/ctc/catalog/84cc-dmpl-obv.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $69 – $60,000
Morgan $1 Carson City Mint MS [Type]
![Morgan $1 Carson City Mint MS [Type]](https://images.greysheet.com/ProductImages/DLRC/416xxx/e90065e0-537f-4db8-b2b8-efacd6817cff.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $145 – $50,000
Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]
![Morgan $1 Carson City Mint, GSA Hoard Hard package MS [Type]](https://images.greysheet.com/Ctc/CatalogEntry/ha_com_1314_4280-3.20200626010427369.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $320 – $5,400
1878 8TF $1 MS PL
Worth: $200 – $7,800
1878 8TF $1 MS DMPL
Worth: $575 – $27,000
1878 7TF $1 Reverse of 1878 MS
Worth: $46 – $3,200
1878 7TF $1 Reverse of 1878 MS PL
Worth: $73 – $7,500
1878 7TF $1 Reverse of 1878 MS DMPL
Worth: $240 – $42,000
1878 7/8TF $1 Strong MS
Worth: $50 – $26,400
1878 7/8TF $1 Strong MS PL
Worth: $200 – $9,900
1878 7/8TF $1 Strong MS DMPL
Worth: $425 – $30,000
1878 7/8TF $1 Weak MS
Worth: $46 – $3,200
1878 7/8TF $1 Weak MS PL
Worth: $165 – $4,200
1878 Morgan Silver Dollar. 8 Tailfeathers. MS-63 (PCGS).
$488
1878 Morgan Silver Dollar. 8 Tailfeathers. Unc Details--Altered Surfaces (PCGS).
$268
1878 Morgan Silver Dollar. 8 Tailfeathers. MS-62 (PCGS).
$342
1878 8TF $1 Denticle Chip, VAM-4, MS64★ NGC. CDN: $500 Whsle. Bid for NGC/PCGS MS64. Mintage 699,300. ...
$793
1878 Morgan Silver Dollar. 8 Tailfeathers. VAM-9. Top 100 Variety. First Morgan Dollar. EF-45 (PCGS). CAC.
$793
1878 Morgan Silver Dollar. 8 Tailfeathers. MS-60 (PCGS).
$2,806
1878 Morgan Silver Dollar. 8 Tailfeathers. Unc Details--Obverse Wheel Mark (NGC).
$244
1878 8TF $1 First Die Pair, VAM-9, AG3 PCGS. A Top 100 Variety. ...
$390
1878 8TF $1 Stick Feather, VAM-8, AU53 PCGS. Ex: California. A Hot 50 Variety. CDN: $100.79 Whsle. Bid for NGC/PCGS AU53. ...
$144
1878 8TF $1 Stick Feather, VAM-8, VF35 NGC. A Hot 50 Variety. NGC Census: 1 in 35, 77 finer (6/26). CDN: $82.52 Whsle. Bid ...
$183
1878 8TF $1 Doubled LIBERTY, VAM-15, MS61 PCGS. CAC. A Top 100 Variety. PCGS Population: 8 in 61, 50 finer (7/26). CDN: $6...
$390
1878 8TF $1 Diagonal In 8, VAM-17, MS65 PCGS. CDN: $1,680 Whsle. Bid for NGC/PCGS MS65. Mintage 699,300. ...
$1,830
1878 8TF $1 Diagonal In 8, VAM-17, MS66 NGC. ...
$3,416
1878 8TF $1 Denticle Chip, VAM-4, MS67 NGC. ...
$20,740
1878 8TF $1 Spear Point, VAM-14.1, AU50 ANACS. Mintage 699,300. ...
$129
1878 8TF $1 Alligator Eye, VAM-14.1A, AU58 ANACS. Mintage 699,300. ...
$226
1878 Morgan Silver Dollar. 8 Tailfeathers. VAM-14.20. Hit List 40 Variety. Last 8TF Discovery. EF-40 (PCGS). CAC.
$4,148
1878 8TF $1 Doubled Date, VAM-19, AU55 ANACS. A Top 100 Variety. Housed in a small-sized holder. ...
$159
1878 8TF $1 Lines in Hair, VAM-14.15, VF30 PCGS. PCGS Population: (7/47). ...
$630
1878 8TF $1 Doubled Eyelid, VAM-14.13, Good 6 PCGS. PCGS Population: (3/43). ...
$134
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Wednesday, July 1, 2026
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Thursday, July 2, 2026
