The 1878 eight-tail feather Morgan is the cornerstone of the series, and with an abbreviated output of just 750,000 pieces, this original first year variety is always in demand. As such, mint-state grades tend to command a premium as evidenced by the $835 price tag for an average BU specimen. If that's out of your price range, consider next-best About Uncirculated condition – these nearly mint-state Morgans show only a whisper of wear and costs significantly less – a fantastic choice for budget-conscious collectors.
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