1878-S Morgan Dollar Value
Mintage: 9,774,000
Finest Known: MS67+ (NGC) MS68 (PCGS)
Auction Record: $34,500 (MS67)
Image: USA CoinBook
9,774,000 1878-S Morgan dollars were struck. Many did not circulate until the 20th century. An estimated 600,000 did not emerge from government vaults until the great 1962–1964 disbursements.
This has resulted in circulated examples of 1878-S Morgans tending to be less worn than truly common date mintages.
The Value of An 1878-S Morgan Dollar
While 1878-S Morgan dollars cost a bit more than the cheapest dates, they are easily found up to MS65.
There are only a total of four MS67+ 1878-S Morgan dollars recorded by NGC and PCGS together. PCGS lists a single MS68 as the finest it has graded.
Like many of the earliest Morgan dollars from the San Francisco Mint, 1878-S Morgans are usually well struck.
1878-S Morgan Dollar Price Guide
| Very Fine | Extremely Fine | About Uncirculated |
|---|---|---|
| $54 | $57 | $63 |
| Mint State 61 | Mint State 63 | Mint State 65 | Auction Record (MS68) |
|---|---|---|---|
| $88 | $101 | $332 | $35,938 |
The information on this page does not constitute an offer to buy or sell the coin(s) referred to. Statistics are for Mint State coins only. Proof and prooflike examples of this issue may have greater or lesser "finest known" and different record auction prices.