The 1878 Morgan Dollar, 8 Tail Feathers (Buy on eBay) represents the first coin in the series and holds a place of importance as the only issue that used this style of reverse. These coins were first struck on March 12, 1878 with an estimated mintage of about 749,500 pieces.
![1878 Morgan Dollar, 8 Tail Feathers](http://morgandollars.net/wp-content/uploads/2012/06/8-tail-feathers.jpg)
The reverse design is identified by the eight tail feathers of the eagle which appear between the arrows and olive branch. All coins will also have an eagle with a flat breast.
Despite the importance of the issue and somewhat low mintage, examples remain relatively available for collectors. Circulated examples are available for only a slight premium above common dates, although uncirculated grades carry stronger premiums.
The Philadelphia Mint also struck 500 examples of the 1878 Morgan Dollar 8TF in proof format. As a single year example of the design with a small mintage, these proof coins carry a premium above other years.
1878 Morgan Dollar, 8 Tail Feathers Mintage and Specifications
- Mintage: approximately 749,500 (circulation), approximately 500 (proof)
- Mint Mark: none (Philadelphia)
- Composition: 90% silver, 10% copper
- Weight: 26.73 grams
- Diameter: 38.1 mm
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