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1878 GOLD DOLLAR - TYPE 3 GOLD DOLLAR

1878 Gold Dollar - The 1878 Gold Dollar had a very small mintage of 3,000. It is very rare in gem grades. Most pieces are well struck and have prooflike surfaces. In MS66 and above 12 examples have been certified by both grading services.

Specifications:
Edge: Reeded
Weight: 1.672 grams (25.8 grains) (.0538 troy ounces)
Diameter: 15 millimeters
Composition: 90% gold; 10% copper
Gold Content: 1.505 grams (23.22 grains) (.0484 troy ounces)

In 1878 the Bland-Allison Act was passed. It required the treasury to coin a certain amount of silver dollars from domestic silver production.

Because of the Bland-Allison Act, which required the treasury to produce two to four million dollars worth of silver to be made into dollars each month, the Morgan silver dollar was issued. It was minted from 1878 to 1904 and then again in 1921.

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1878 Gold Dollar Information about 1878 Gold Dollar


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