1878 Morgan Silver Dollar Coin Mint $240

Updated August 30, 2026

This auction ended on September 10, 2026. See upcoming auctions from Iowa Surplus & Estate Auctions or current coins & currency auctions.

Lot number	403
Category	Coins & Currency
Auction	Sept 10 2026 GOLD SILVER BULLION COINS KNIVES CARDS
Date	September 10, 2026 at 6:00 PM CDT
Auction house	Iowa Surplus & Estate Auctions
Location	Coralville, Iowa

1878 Morgan Silver Dollar Coin Mint $240 This 1878 Morgan Silver Dollar represents the inaugural year of one of America’s most iconic numismatic series, designed by George T. Morgan. Struck in 90% silver and 10% copper, this Philadelphia mint issue features the classic profile of Lady Liberty on the obverse and a majestic bald eagle on the reverse. As a first-year-of-issue coin, it holds significant historical value for collectors, marking the transition from the Seated Liberty dollar and the passage of the Bland-Allison Act. The specimen displayed shows a bright, lustrous finish with well-defined details in Liberty’s hair and the cotton blossoms of her crown, indicating it has been well-preserved over the last century. Priced at $240, this coin is a cornerstone piece for any serious collection, offering both tangible precious metal value and a direct link to the late 19th-century American West. Condition: The coin appears to be in Extremely Fine to About Uncirculated condition, showing some wear on the high points of Liberty's hair and the cotton blossoms, though significant luster remains visible. There are minor contact marks and abrasions on the cheek and in the fields. The mint for this 1878 issue is Philadelphia, as evidenced by the lack of a mint mark above the "DO" in DOLLAR on the reverse (though the reverse is not pictured, 1878 coins without a mark are from Philadelphia). The metal content is 90% silver and 10% copper. Historically, 1878 was the inaugural year for the Morgan Silver Dollar, authorized by the Bland-Allison Act to restore silver coinage to the U.S. economy. This is a business strike type, intended for general circulation. The coin is currently raw and uncertified, housed in a plastic flip labeled 0011, without an official professional grade. Morgan silver dollar, 1878, United States coinage, numismatics, Lady Liberty, E Pluribus Unum, silver coin, coin collecting, plastic coin flip, vintage currency, American history, antique money, numismatic collectible Morgan silver dollar, 1878 silver dollar, rare coins, numismatics, US coinage, antique silver coin, collectible currency, Liberty Head dollar, vintage silver, coin collecting IMPORTANT BIDDER NOTICE Bidder is solely responsible for determining value, condition, completeness, authenticity, fitment, grade, and usefulness before bidding. THIS ITEM IS SOLD STRICTLY AS-IS, WHERE-IS, WITH NO WARRANTIES OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED. ALL SALES ARE FINAL. NO REFUNDS. NO RETURNS. NO CANCELLATIONS. NO BID RETRACTIONS. By placing a bid, the bidder acknowledges that they have reviewed the title, description, photographs, and any auction notices, and have had the opportunity to ask questions before bidding. Bidder agrees that: The item is being purchased strictly as shown in the photographs and described in the listing The auction house does not grade, test, appraise, or authenticate items unless specifically stated By registering and placing

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