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- Product ID: 4277
Kicking off the first year of production, the San Francisco Mint took part in the minting of Morgans, where it would gain a reputation of minting the best quality Morgans. The San Francisco Mint was first established in order to supply a place gold miners could sell their gold. It ended up being a very lucrative business, turning out $4 million dollars of gold in its first year. It quickly outgrew its first building and moved to the Granite Lady building, where it withheld its structure during the 1906 San Francisco earthquake. The building wasn't actually made of granite, just the basement was but the name was used for marketing and stuck. In 1937, it moved to its final facility that is still the San Fran Mint today. Your 1978-S Morgan Silver Dollar was minted at the San Francisco sector of the US Mint, sporting the "S" mint-mark on the reverse. Your 1878-S Morgan is considered to be very fine condition, with noticeable wear to be expected.