1878 Morgan Silver Dollar 7 Tail Feathers Value
Introduction
The 1878 Morgan Silver Dollar with 7 tail feathers is one of the most sought-after coins in the world of numismatics. It is a rare and valuable coin that is highly prized by collectors and investors alike. In this article, we will delve into the history of the 1878 Morgan Silver Dollar with 7 tail feathers, its value, and what makes it so special.The History of the 1878 Morgan Silver Dollar with 7 Tail Feathers
The Morgan Silver Dollar was first minted in 1878, and it quickly became one of the most popular coins in circulation. The design of the coin features a portrait of Lady Liberty on the obverse side and an eagle on the reverse side. However, in 1878, there was a problem with the eagle's tail feathers. The original design featured 8 tail feathers, but it was discovered that this was incorrect. Eagles only have 7 tail feathers, so the design was quickly changed to reflect this.What Makes the 1878 Morgan Silver Dollar with 7 Tail Feathers Special?
The 1878 Morgan Silver Dollar with 7 tail feathers is special because it is a one-year-only variety. This means that it was only minted for one year, and then the design was changed again. This rarity makes the coin highly sought-after by collectors who are looking to complete their collections. Additionally, the 7 tail feather variety is rarer than the 8 tail feather variety, which adds to its value.The Value of the 1878 Morgan Silver Dollar with 7 Tail Feathers
The value of the 1878 Morgan Silver Dollar with 7 tail feathers can vary depending on a number of factors. The condition of the coin, the rarity of the variety, and the demand from collectors and investors all play a role in determining its value. However, in general, the 1878 Morgan Silver Dollar with 7 tail feathers is worth more than the regular 8 tail feather variety.Factors That Affect the Value of the 1878 Morgan Silver Dollar with 7 Tail Feathers
As mentioned earlier, there are several factors that can affect the value of the 1878 Morgan Silver Dollar with 7 tail feathers. These include:Condition: The condition of the coin is one of the most important factors that affect its value. Coins that are in better condition will generally be worth more than those that are in poor condition.
Rarity: The rarity of the 7 tail feather variety also plays a role in determining its value. Coins that are rarer will generally be worth more than those that are more common.
Demand: The demand for the 1878 Morgan Silver Dollar with 7 tail feathers can also affect its value. If there are many collectors and investors who are looking for this particular variety, then its value will likely be higher.