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The Certified Morgan Silver Dollar 1878 7/8TF Weak MS63 PCGS represents a significant and iconic piece of American numismatic history. This particular coin is notable for its unique design and the historical context surrounding its minting. The Morgan Dollar was first minted in 1878, introduced as a replacement for the earlier Seated Liberty dollar. Designed by George T. Morgan, the coin quickly became a staple of American currency and is beloved by collectors and investors alike.
The 1878 Morgan Dollar features a striking obverse that showcases a profile of Lady Liberty, depicted with her hair tied back and adorned with a Phrygian cap, symbolizing freedom. The inscription "E PLURIBUS UNUM" arches above her head, while the word "LIBERTY" is prominently displayed on her cap. This particular coin, known as the 7/8 Tail Feather (7/8TF), exhibits a variation in the eagle's tail feathers on the reverse, which is a distinctive characteristic that collectors look for. The reverse design features a majestic eagle, wings spread wide, perched on a branch, with the words "UNITED STATES OF AMERICA" and "ONE DOLLAR" encircling it. The design elements reflect the ideals of liberty and strength, which resonated with the American public during the late 19th century.
The 1878 Morgan Dollar was minted at several locations, including the Philadelphia Mint, where this particular coin was produced. The total mintage for the 1878 Morgan Dollar across all mint locations reached approximately 2,309,304 coins. While this number seems high, it is important to note that the demand for silver dollars during this time was significant, and many of the coins were quickly circulated, making well-preserved examples increasingly rare.
This specific coin has been graded as MS63 by the Professional Coin Grading Service (PCGS), indicating that it is in mint state condition, with only minor signs of wear and preserving its original luster. The "Weak" designation reflects a lesser strike quality, resulting in slightly softer details compared to other examples, which is a characteristic that can make this coin even more desirable for collectors focused on variety and historical significance. The MS63 grade suggests that while it may not be perfect, it possesses an attractive appearance and sufficient detail to be a valuable addition to any collection.
The Certified Morgan Silver Dollar 1878 7/8TF Weak MS63 PCGS stands as a testament to the artistry and historical importance of the Morgan Dollar series. With its unique design, limited mintage, and the allure of its distinctive tail feather variation, this coin captures the essence of American coinage from a bygone era. Collectors and enthusiasts alike appreciate its aesthetic beauty, historical significance, and the rich stories it tells about the time in which it was minted. This Morgan Dollar is not just a piece of currency; it is a cherished artifact of American heritage and a lasting symbol of freedom and prosperity.