1878 Morgan Silver Dollar - First Year of Issue 
- Sold Winning Bid: $160.00
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- High Bidder: jarischj
1878 Morgan Silver Dollar - First Year of Issue
This 1878 Morgan Silver Dollar is a significant piece of American numismatic history, being the first year of issue for the Morgan Dollar series. Designed by George T. Morgan, this coin showcases Lady Liberty on the obverse, crowned with a Phrygian cap and adorned with cotton and wheat, symbolizing America's agricultural heritage. The reverse features a powerful eagle with outstretched wings, clutching an olive branch and arrows, embodying both peace and readiness for defense.
This particular coin is from the Philadelphia Mint, as indicated by the absence of a mintmark. In 1878, the Philadelphia Mint produced several variations of the Morgan Dollar, including those with 8 tail feathers, 7 tail feathers, and other slight differences. The 1878 Philadelphia mintage totaled approximately 10.5 million coins, but variations in tail feathers and die errors make some coins from this year particularly rare and sought after by collectors.
Condition:
The coin shows moderate wear, with most details on Lady Liberty's profile and the eagle's feathers still visible. The surfaces exhibit typical signs of circulation, including some abrasions and light toning, adding to its character as a piece that has seen over a century of history.
Dimensions:
- Diameter: 38.1 mm
- Weight: 26.73 grams
Summary:
This 1878 Morgan Silver Dollar is a foundational piece for any serious collection. Whether you are a seasoned collector or just beginning, the historical significance and classic design of this coin make it a must-have.