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This example, certified PCGS MS-65 and approved by CAC, displays the qualities collectors associate with high-grade 1878-S Morgans. Liberty’s portrait shows crisp hair detail and a well-defined ear, while the reverse exhibits strong feather definition and a bold eagle. Original luster remains vibrant across both sides, enhancing the overall presentation.
In terms of certified populations, PCGS has graded 5,510 examples as MS65, with 1,487 finer. Within CAC, 519 pieces carry the MS65 designation, with 348 finer. As the first San Francisco Mint Morgan dollar, the 1878-S holds lasting historical interest within the broader context of the series.
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