1878 Morgan Dollar
7 Over 8 Tailfeathers (7/8TF)
Guidelines for Collecting:
It was decided to change the standard tail feather count on the eagle image on the reverse from 8 to 7, as in nature eagles have a count in an odd number. A number of new working dies, ones that were possibly not finally hardened, were over-punched with the 7 tail feather hub. The impression did not completely obliterate tips of the first eight tail feathers, and as a result some of the dies used show visible signs of the earlier tail feathers. A rule of thumb for collectors is that at least four vestigial tips should be visible under the seven tail feathers—the more tips visible, the better. Circulation strikes usually have a sharp strike on both sides; the eagle’s breast feathers should be well-defined.
Availability in Circulated Grades:
This popular variety was released into circulation around the time of striking and many are the circulated specimens available today; grades run from well-worn VG up to attractive AU.
Availability in Mint State Grades:
Name your grade, MS-60 to MS-65, and it’s yours. Above the MS-65 level the date can prove elusive but enough exist to satisfy the demand for ultra-grade collectors. Many Mint State survivors are from the Treasury hoards dispersed early in the 1960s.
Availability in Proof:
None produced.
The example to the left was sold by Stack's Bowers Galleries in the January 2011 Tampa Bay Rarities Night Auction, where it realized $15,009.80.
1878 7-TF Over 8-TF Morgan Dollar Auction Highlights
Morgan Dollar PCGS MS-66 Sold for $15,009.80 View Lot 871 | Morgan Dollar PCGS MS-65 DMPL Sold for $9,400 View Lot 9384 | Morgan Dollar PCGS MS-64 DMPL Sold for $4,800 View Lot 3215 |