History quiz

What is Value of silver dollar coins 1878?

Silver dollars minted in the year 1878 have two different values, depending on the specific type of dollar coin it is:

- Trade dollar: The 1878 Trade dollar has a silver value of approximately $18.

- Morgan dollar: The 1878 Morgan dollar, minted from October 1878, holds slightly more silver and is worth approximately $19.

In addition, the rarity and condition of a specific coin, as well as external factors such as the current silver market price and demand for numismatic items, can influence the value. It is advisable to consult with a reputable coin expert or coin dealer for a more accurate appraisal of an 1878 silver dollar.