1878-S Morgan Dollar MS-63 NGC (Toned)

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The 1878 Morgan Silver Dollar represents the inaugural year of one of the most celebrated designs in American numismatics. Minted at the San Francisco facility, this specific coin bears the distinctive 'S' mint mark, signaling its West Coast origin. Crafted from 90% silver, it contains 0.7734 troy ounces of precious metal. This specimen has been professionally graded as Mint State 63 (MS-63). A key highlight of this particular piece is its toning, a natural oxidation process that can coat the silver surface in unique, often colorful hues over time. The obverse displays the classic profile of Liberty, with the year 1878 clearly visible at the base of the design. With a historical mintage of 9,774,000, this coin is a fascinating survivor from the late nineteenth century, offering a window into the early production of this iconic silver series.