AboutMyCoin1878 Morgan Dollar with 8 Tail Feathers (No Mint Mark) in F15
An 1878 Morgan dollar with 8 tail feathers graded F15 is that coin in one particular state of preservation — the date and the mint mark are already fixed, and F15 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 F15 means
An 1878 Morgan dollar with 8 tail feathers in Fine (F-15) is a Fine coin at the better end of the grade: the same moderate, even wear, but the eagle’s individual wing and breast feathers and the leaves of the wreath start to show at the centres and the hair above Liberty’s ear and the cotton bolls in her cap hold more of their shape than on a coin graded twelve. The difference between the two is a judgement of degree rather than of kind, which is why they sell so close together.
A slab, a dealer’s list or a price guide may write this grade F-15. They are the same grade and the same 1878 Morgan dollar with 8 tail feathers.
Where this grade sits
The grades an 1878 Morgan dollar with 8 tail feathers is given run from PO1 to MS70. One step up from F15 is Very Fine (VF-20). 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 8 tail feathers in F15, 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 8 Tail Feathers (No Mint Mark) in F15 →
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 8 tail feathers cannot be worth less than the metal in it. That figure is what the premium for F15 is measured against, and it moves with the metal price rather than with the coin market.
Melt value of 1878 Morgan Dollar with 8 Tail Feathers (No Mint Mark) →
Not an appraisal. AboutMyCoin estimates from published specifications and does not authenticate or grade coins.