AboutMyCoin1878 Morgan Dollar with 7 Tail Feathers (No Mint Mark) in XF45
An 1878 Morgan dollar with 7 tail feathers graded XF45 is that coin in one particular state of preservation — the date and the mint mark are already fixed, and XF45 is what a grader called the surface that survived. What that looks like on this coin is below. Where the grade sits against the rungs either side of it, and every way it is written on a slab, are in the table below.
What XF45 means
An 1878 Morgan dollar with 7 tail feathers in Extremely Fine (XF-45) is Extremely Fine at its better end, which the trade writes as Choice: the wear touches the hair above Liberty’s ear and the cotton bolls in her cap and nothing else, the eagle’s individual wing and breast feathers and the leaves of the wreath are complete everywhere around them, and appreciable mint lustre survives in the fields. It is the grade at which a circulated coin starts to pass for an uncirculated one at arm’s length.
A slab, a dealer’s list or a price guide may write this grade XF-45, EF45 or EF-45. They are the same grade and the same 1878 Morgan dollar with 7 tail feathers.
Where this grade sits
The grades an 1878 Morgan dollar with 7 tail feathers is given run from PO1 to MS70. One step up from XF45 is About Uncirculated (AU-50). In general terms, the higher the grade the more the coin is worth.
How to check this yourself
Sold listings, not asking prices. The link below is already filtered to completed sales of an 1878 Morgan dollar with 7 tail feathers in XF45, which is the difference between what somebody paid and what somebody hoped for. Until this site has a researched figure for this grade, that search is the answer — take the middle of several recent sales rather than the highest.
Completed sales of an 1878 Morgan Dollar with 7 Tail Feathers (No Mint Mark) in XF45 →
The metal floor under it
$49.79
0.7734 troy oz silver × $64.38 per troy ounce
$64.38/ozt, based on spot prices at 23 September 2026 19:59 UTC
Whatever the market does, an 1878 Morgan dollar with 7 tail feathers cannot be worth less than the metal in it. That figure is what the premium for XF45 is measured against, and it moves with the metal price rather than with the coin market.
Melt value of 1878 Morgan Dollar with 7 Tail Feathers (No Mint Mark) →
Not an appraisal. AboutMyCoin estimates from published specifications and does not authenticate or grade coins.