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1878 Morgan Silver Dollar (V+)

$200

Posted about 2 months ago in Tarpon Springs, FL

Condition: Used (normal wear)

Listed in categories: Collectibles & Art - Collectibles - Coins & Money

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Details

Grade: Ungraded
Circulated: Circulated
Certification: Uncertified

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Description

1878 Morgan Silver Dollar, specifically identifiable by the "CC" mint mark above the "DO" of "DOLLAR" on the reverse side, indicating it was minted in Carson City. Key Features: This coin features a profile of Lady Liberty on the obverse and an eagle with outstretched wings on the reverse. Historical Significance: Struck from 1878 to 1904 and again in 1921, the Morgan Silver Dollar is a classic coin associated with America's "Wild West" era. Composition: Morgan Silver Dollars were struck in 90% pure silver. Value: According to the NGC Price Guide, the estimated value of an 1878-CC Morgan Silver Dollar in Mint State (MS) condition can range significantly, from $460 to $28,500, with higher values for Proof Like (PL) and Deep Proof Like (DPL) coins. Rarity: While 2.2 million 1878-CC Morgan Dollars were minted, uncirculated examples are considered scarcer compared to other Carson City Morgan Dollars due to fewer being included in the GSA sales of the 1970s.

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