The Junto Club

A Reference Authority for United States Coins

1878 Proof Morgan Dollar

Morgan Dollar · 1878-1921

Schedule of Prices

No certified examples of this coin that met our standards were listed for sale on eBay when we last checked on October 7, 2026. We check periodically; a price range will appear once enough certified examples are offered.

See current listings on eBay

Links to eBay may earn us a commission. They never affect the prices shown.

See Also

Die Varieties

No die varieties recorded yet for this date.

Specifications
  • Series Morgan Dollar (1878-1921)
  • Denomination $1
  • Designer George T. Morgan
  • Composition 90% silver
  • Metal content 0.7734 oz fine silver — about $42 at metal (melt) value as of 2026-10-26 metals.dev
  • Weight 26.73 g
  • Diameter 38.1 mm
  • Edge Reeded
  • Mintage ~1,250Collector estimate; no U.S. Mint proof mintage is published for the 1878-P Morgan.
  • Mint mark None (Philadelphia)

History

Proof striking, struck for collectors and sold separately from circulating coinage — a distinct coin from the 1878 business-strike Morgan Dollar. The 1878-P proofs occur in three varieties (collector-estimated mintages, not Mint-reported): 8 Tail Feathers ~500; 7 Tail Feathers, Reverse of 1878 ~250; 7 Tail Feathers, Reverse of 1879 ~500. These were three separate cards until Block 351 collapsed them here — the tail-feather (8TF / 7-8TF) and reverse-hub (Reverse of 1878 / 1879) designation chips label each variety's asks on this one card.

The Junto Brief

Notes on coins, values, and the hunt — delivered on occasion. No noise.

← All coins