1878 7TF Morgan Dollar MS64+ PCGS
Exploring the 1878 7TF Morgan Dollar MS64+ PCGS
The 1878 7TF Morgan Dollar, graded MS64+ by PCGS, stands as a testament to the intricate craftsmanship and numismatic history of the late 19th century. This specific coin, with “7TF” denoting the seven tail feathers on the eagle depicted on the reverse side, holds a significant place among coin collectors and enthusiasts.
Historical Context
First minted in 1878, the Morgan Dollar was designed by George T. Morgan, an assistant engraver at the U.S. Mint. The coin quickly became renowned for its detailed artistry, featuring Lady Liberty on the obverse and a powerful eagle on the reverse. The seven tail feathers variant marks one of the adjustments made during the coin’s initial production, as the original eight tail feathers design led to confusion and a subsequent redesign.
Grading and Quality
A grade of MS64+ by the Professional Coin Grading Service (PCGS) indicates that the coin is in mint state condition, just shy of the highest grades achievable for an uncirculated coin. This grading suggests that the coin has excellent eye appeal, with minimal detracting marks and a strong luster that enhances its overall appearance. The “+” sign further denotes that the coin is on the higher end of the MS64 grade, nearly reaching MS65 quality.
Collectibility and Value
The 1878 7TF Morgan Dollar in MS64+ condition is highly sought after by collectors. Its historical significance, combined with the robust grading by PCGS, ensures that it retains substantial value. As with most numismatic collectibles, the value of this coin is influenced by factors such as rarity, historical context, and market demand.
Conclusion
Owning an 1878 7TF Morgan Dollar MS64+ PCGS is like holding a piece of American history. It is not merely a coin but a reflection of the era’s artistic and historical legacy. For collectors, it represents both a tangible asset and an object of beauty, blending numismatic value with the allure of antique Americana.