1878-S Morgan Dollar MS65 NGC
Exploring the 1878-S Morgan Dollar MS65 NGC
The 1878-S Morgan Dollar is a revered coin within the numismatic community, especially when graded MS65 by the Numismatic Guaranty Corporation (NGC). Morgan Dollars, first minted in 1878, are named after their designer, George T. Morgan. These silver dollars were minted from 1878 to 1904, and then again in 1921.
The 1878-S Morgan Dollar specifically carries the “S” mint mark, indicating that it was produced at the San Francisco Mint. San Francisco-minted coins are often sought after for their superior quality and striking, with the 1878-S being no exception. When graded MS65 by NGC, the coin is recognized as being in gem condition, exhibiting strong eye appeal with only minor imperfections that are barely noticeable to the naked eye.
Collectors value the 1878-S Morgan Dollar MS65 for several reasons. First, its historical significance as one of the earliest Morgan Dollars adds to its allure. Furthermore, the MS65 grade ensures that the coin maintains sharp details and lustrous surfaces, enhancing its visual appeal. Additionally, coins from the San Francisco Mint are often highly detailed and well-struck, making them a favorite among collectors.
The market for the 1878-S Morgan Dollar remains strong, with these coins consistently performing well at auctions and in private sales. Owning an MS65 coin not only represents a piece of American history but also serves as a sound investment, as the coin’s value appreciates over time due to its scarcity and demand within the collector community.