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The Certified Morgan Silver Dollar 1878 7/8TF VAM 40 MS63 PCGS is a fascinating specimen that holds a special place in the history of American coinage. Designed by George T. Morgan, this coin is part of the inaugural year of the Morgan Silver Dollar series, which has become one of the most beloved and collected coins in numismatics.
Issued in 1878, the Morgan Silver Dollar was authorized by the Bland-Allison Act to address the shortage of silver bullion in the United States. The coin was named after its designer, George T. Morgan, who was tasked with creating a new design for the silver dollar. Morgan's design, featuring Lady Liberty on the obverse and an eagle on the reverse, quickly became an enduring symbol of American coinage.
The 1878 7/8 Tail Feathers (7/8TF) variety refers to a transitional stage in the coin's production process. Initially, the reverse die used to strike these coins featured eight tail feathers on the eagle. However, due to excessive pressure during the minting process, some of the feathers on the die were flattened or merged, resulting in the appearance of only seven full tail feathers, with an eighth partially visible. This unique variety is known among collectors as the 7/8 Tail Feathers variety.
Graded by PCGS (Professional Coin Grading Service) as MS63, this coin is considered to be in Mint State condition with minor imperfections. Coins graded as MS63 may exhibit some marks, abrasions, or slight wear, but they retain strong eye appeal and luster.
PCGS, one of the most respected coin grading services in the world, employs strict grading standards and expert professionals to assess the condition and authenticity of coins. The MS63 grade indicates a coin with above-average strike and luster, making it a desirable addition to any collection.
The 1878 7/8TF VAM 40 Morgan Silver Dollar was struck at various mint facilities across the United States, including Philadelphia, New Orleans, and San Francisco. The exact mintage figures for each mint are not readily available, but the Philadelphia Mint typically produced the highest number of coins.
Despite its relatively high mintage, the 1878 7/8TF VAM 40 Morgan Silver Dollar is highly coveted by collectors due to its historical significance and unique design characteristics. The transitional nature of the 7/8 Tail Feathers variety adds an intriguing element to this coin, making it a sought-after variety among enthusiasts.
As a tangible piece of American history and a prized collectible, the Certified Morgan Silver Dollar 1878 7/8TF VAM 40 MS63 PCGS represents the spirit of the late 19th century and the enduring legacy of the Morgan Silver Dollar series. Whether acquired for its historical significance, aesthetic beauty, or investment potential, this coin holds a special place in the hearts of collectors and numismatists around the world.