Certified Morgan Silver Dollar 1878-S MS65 ICG

Denomination: $1 Diameter: 38.1 mm Thickness: 2.85 mm Mint Mark: S (San Francisco Mint) Composition: 90% Silver, 10% Copper Weight: 26.73 g

Obverse Design: Lady Liberty facing left, wearing a Phrygian cap adorned with wheat and cotton, surrounded by 13 stars representing the original colonies. Reverse Design: A bald eagle with outstretched wings, clutching arrows and an olive branch, with the "S" mintmark below.

History: The 1878-S is a first-year issue of the Morgan Dollar series. The San Francisco Mint struck high-quality coins, making them one of the best-struck 1878 Morgan Dollars. 9.7 million were minted, but high-grade examples like MS65 and above are much scarcer.

Grade & Value: Graded MS65 (Gem Uncirculated) by ICG, meaning it has strong luster, minimal marks, and a sharp strike. MS65 examples from San Francisco can range from $1,200 to $1,800, depending on eye appeal and the market. Premiums apply to well-struck 1878-S Morgan's due to their collectability as an early issue.