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1878 Morgan Silver Dollar - San Francisco - Certified 63
1878 Morgan Silver Dollar - San Francisco - Certified 63

Our Price: $129.95
Year: 1878
Mint(s): San Francisco
Composition: .900 Pure Silver
Diameter: 38.1 mm
Mintage: 9,774,000

Quantity in Stock:14
Product Code: 26020

The #1 Vintage US Coin is the Morgan Dollar … 2nd place is a far 2nd. 1878 is the first-year-of-issue for Morgan silver dollars, and also the 1st struck at the San Francisco Mint … also referred to as the “S” Mint … which is the mint mark placed on the back of the coin above the “D” and “O” in the word dollar.

Silver Dollars out of the Gold Mint ?
The San Francisco Mint was opened in 1854 to serve the gold mines of the California Gold Rush. By the late 1870’s the volume of Gold was slowing and the primary purpose of the mint was due to change. The Comstock Lode came to the rescue. The Comstock Lode was the first major U.S. discovery of silver, located under what is now Virginia City, Nevada.

Quality - Over Time Creates Rarity
The light work schedule at the San Francisco mint during the early years allowed for extra care in Morgan silver dollar production. The early "S" mint Morgans are known for their strong razor sharp strike, with superb luster, and brilliant surfaces. In Real-Estate its location - location - location. In coins its Quality - Quality - Quality. 1st year issue coins are heavily circulated and everyone wanted to have one when they were released. So 100 plus year later, quality specimens are far and few between. Certified 64s are the coin to own!! The numbers don’t lie … the 1878 S had a mintage of just shy of 10 million coins. Did you know only 1 in 500 coins struck are known to exist in Gem 64? That’s less than 2% of the entire mintage!!

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