1878 7/8TF $1 Strong MS (PCGS# 7078)

2011 July Orlando Summer FUN Signature US Coin Auction #1157

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    3937
  • Grade:
    MS66
  • Price:
    $10,638.00
Lot Description
1878 7/8TF $1 Strong MS66 NGC. As explained in the Red Book of Morgan Dollars, this curious issue was created when {blockquote}" ... it was decided to change the standard tail feather count from eight to seven, the reverse dies already on hand with eight tail feathers were adapted by impression of the master die for the seven tail feather motif. ... various dies show some of the earlier tail feathers still visible."{/blockquote} Most examples are no better than MS64 with the occasional MS65 offered. Few survived in MS66. In fact, NGC has only certified one other piece, and none are finer at both of the major services (6/11). This is an all-brilliant dollar with bright, semiprooflike fields. The strike details are strong throughout, and there are five easily seen tailfeathers from the 7 Tail Feather master die. Extraordinary quality for this widely collected, conditionally scarce issue.
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