Many were lost in government melts - hugely disproportionate to other mint's issues of the day. Today as little as 5% of its original production is estimated to survive in our nicely detailed Very Fine quality or higher grades. It costs no more than other issues of the era with several times as many surviving numbers. The no-mintmark Philadelphia Mint second-year issue reflected minor design changes that became the standard for the lengthy Morgan dollar series. In 1879 and for years afterwards, a Morgan dollar was a day's pay for many Americans.