There are 4 different major varieties of the 1878 Morgan Dollar. In addition there are 3 separate mint marks. Look on the back of the coin to see if there's a small mint mark letter above the DO in DOLLAR. It may be blank or there may be a CC or S.
Numismedia lists the following approximate retail values as of 01/2012:
No mint mark (Philadelphia), 8 tail feathers:
Very worn condition - $36
Moderately worn - $39
Slightly worn - $40
Almost no wear - $47
Uncirculated - $103 to $58,130 depending on quality
No mint mark, 7 tail feathers over 8 feathers:
Very worn - $36
Moderately worn - $39
Slightly worn - $40
Almost no wear - $56
Uncirculated - $113 to $33,130
No mint mark, 7 feathers:
Very worn - $30
Moderately worn - $39
Slightly worn - $40
Almost no wear - $43
Uncirculated - $60 to $21,880
No mint mark, 7 feathers, same reverse die as 1879-dated coins
Very worn - $36
Moderately worn - $39
Slightly worn - $40
Almost no wear - $45
Uncirculated - $68 to $17,880
"CC" mint mark (Carson City):
Very worn - $72
Moderately worn - $87
Slightly worn - $93
Almost no wear - $125
Uncirculated - $216 to $29,250
"S" mint mark (San Francisco):
Very worn - $30
Moderately worn - $32
Slightly worn - $33
Almost no wear - $43
Uncirculated - $50 to $6,810
The Related Links below can be helpful in identifying the different varieties listed.
DISCLAIMER: The retail values quoted are the best available as of the date shown, but may vary significantly due to changes in the precious metals market. Also the wholesale (buying) price of a coin will be less than the selling (retail) price. A reputable coin dealer will be able to give a more accurate valuation based on inspection of the coin.
FAQ's about Morgan dollarsE Pluribus UnumThe motto E Pluribus Unum (Latin for "Out of Many, One") is on ALL $1 coins minted since 1878 so that's not specific enough to ID any one coin.
Silver Eagles
Silver eagles are bullion coins minted since 1986 for sale to collectors but not for spending. Morgan dollars were made for use in ordinary circulation just like dimes and quarters.
$15.00- $1650.00 dollars.
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