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The value of a 1878 U.S. one dollar can vary significantly based on its condition, mint mark, and rarity. Generally, the 1878 dollar refers to the Morgan silver dollar, which is composed of 90% silver and 10% copper. As of 2023, its numismatic value typically ranges from about $20 to several thousand dollars for high-grade specimens or rare varieties. The silver content alone also gives it intrinsic value, depending on current silver prices.

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