The 1878 Morgan Silver Dollar 8 Tail Feathers is a valuable coin among collectors and investors. It is a rare coin that has a unique history and design. This article will explore the value, history, and design of the 1878 Morgan Silver Dollar 8 Tail Feathers.
History of the 1878 Morgan Silver Dollar 8 Tail Feathers
The Morgan Silver Dollar was first minted in 1878 and was designed by George T. Morgan. The coin was named after its designer, and it was used as a currency in the United States until 1921. The 1878 Morgan Silver Dollar was minted in several variations, one of which was the 8 Tail Feathers variety.The 8 Tail Feathers variety was created as a result of a design error. The original design had seven tail feathers on the eagle, but during the minting process, an eighth tail feather was added. This error was not noticed until after the coins had been minted, making the 1878 Morgan Silver Dollar 8 Tail Feathers a rare and valuable coin.
Design of the 1878 Morgan Silver Dollar 8 Tail Feathers
The design of the 1878 Morgan Silver Dollar 8 Tail Feathers is similar to that of the other Morgan Silver Dollars. The front of the coin features a portrait of Lady Liberty with the word "LIBERTY" inscribed above her head. The year of minting is located at the bottom of the coin.The reverse side of the coin features an eagle with its wings spread wide. The eagle is clutching an olive branch and arrows in its talons. The words "IN GOD WE TRUST" are inscribed above the eagle, and the words "E PLURIBUS UNUM" are inscribed on a banner held by the eagle.The 8 Tail Feathers variety of the coin has an additional tail feather on the eagle. This design error makes the coin unique and valuable among collectors.
Value of the 1878 Morgan Silver Dollar 8 Tail Feathers
The value of the 1878 Morgan Silver Dollar 8 Tail Feathers varies depending on its condition and rarity. A coin in excellent condition can be worth thousands of dollars, while a coin in poor condition may only be worth a few hundred dollars.The rarity of the 8 Tail Feathers variety makes it more valuable than other variations of the 1878 Morgan Silver Dollar. Collectors and investors are willing to pay a premium for this unique coin.
Factors that Affect the Value of the 1878 Morgan Silver Dollar 8 Tail Feathers
Several factors can affect the value of the 1878 Morgan Silver Dollar 8 Tail Feathers. The most important factor is the coin's condition. A coin in excellent condition will be worth more than a coin in poor condition.The rarity of the coin also affects its value. The 8 Tail Feathers variety is rarer than other variations of the 1878 Morgan Silver Dollar, making it more valuable.The historical significance of the coin can also affect its value. Coins with a unique history or design are more valuable to collectors and investors.
Where to Find the 1878 Morgan Silver Dollar 8 Tail Feathers
The 1878 Morgan Silver Dollar 8 Tail Feathers can be found at coin dealers, auctions, and online marketplaces. It is important to purchase coins from reputable dealers to ensure their authenticity and condition.
Conclusion
The 1878 Morgan Silver Dollar 8 Tail Feathers is a rare and valuable coin that has a unique history and design. Its rarity and condition affect its value, making it a valuable addition to any collection or investment portfolio. Collectors and investors should purchase coins from reputable dealers to ensure their authenticity and condition.
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