Lot 1271
1878 Morgan Dollar. 8 tail feathers. PCGS graded Proof 63. Bluish gray toning with rose highlights on the devices, and evenly toned on both sides. The fields show some hairlines, but Liberty's face is especially nice. One of just 500 struck in Proof, this the first year of issue of the new Morgan design. These were struck in March of 1878, and soon thereafter the design was changed to show seven tail feathers on the eagle pursuant to Mint Director Linderman. Identifiable by a small toning spot in the field midway between Liberty's lips and the stars, and a small round low area just below the middle of eagle's beak.
Estimated Value $1,700 - 2,000.
From the Benson collection and purchased from B. Max Mehl on July 9, 1945 for $22.50.
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| Realized $2,645 |
