The value of an 1878 silver dollar, known as a Morgan silver dollar, can change daily; CoinTrackers places its estimated worth at $35 for a no mint mark coin in poor condition up to $55,000 for one in perfect condition. Those interested in buying and selling 1878 Morgan silver dollars should check sites, such as the Professional Coin Grading Service, for the most updated prices.
The Morgan silver dollar was minted between 1878 and 1904. It was reintroduced for one year in 1921. Morgan silver dollars with no mint marks were minted in Philadelphia. The coins were also minted in New Orleans, Denver, Carson City and San Francisco. Approximately 10,508,000 of the coins were minted in 1878.