Description

    1878 8 Tailfeathers Dollar, Elusive MS66
    An Important Design Type
    Attractively Toned

    1878 8TF $1 MS66 PCGS. VAM-17. The 1878 8 Tailfeathers silver dollar initiates the Morgan dollar series (excluding the three 1878 proof-only prototypes). While the actual mintage of the 8 Tailfeathers reverse is not known, Breen (1988) estimates 699,300+ business strikes and about 500 proofs. Bowers (2007) presents an estimate of 750,000 circulation strikes and 500 proofs. According to Breen, the 8 Tailfeathers was produced from March 12 to March 25, after which the design was changed to 7 over 8 Tailfeathers. Although many of the 8 Tailfeathers variety were distributed in 1878 and thereafter, enough remained in the Treasury that there is an ample supply of Mint State coins from which to choose today (per Bowers). In fact, this issue is readily available through Gem condition after which it becomes very elusive.

    The MS66 coin in this lot displays a melange of cobalt-blue, lavender, and violet patination resting on frosty luster. Well-struck design elements exhibit fairly strong detail in the hair above Liberty's ear and slightly less definition on the eagle's breast feathers. Both sides have been well cared for, though some grazes are visible in the field left of Liberty's nose and on the cheek. These may or may not help to pedigree the coin. This coin exhibits very pleasing eye appeal. Highly important as the only year and mint of the 8 Tailfeathers design. Population: 40 in 66 (3 in 66+), 2 finer (3/14).(Registry values: P5, N4719) (NGC ID# 2TY3, PCGS# 7072)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper


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    Auction Dates
    April, 2014
    23rd-27th Wednesday-Sunday
    Bids + Registered Phone Bidders: 8
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