Valuing an 1878 'Las Vegas Dollar' Silver Coin

What's Your 1878 Silver Coin Worth?

Coins described as "Las Vegas Dollar" dated 1878 with "Entertainment Capital World" on the reverse are not official U.S. Mint issues. The U.S. Mint did not produce a "Las Vegas Dollar" in 1878—Las Vegas wasn't founded until 1905. Such pieces are likely modern fantasy tokens, commemorative medals, or novelty items.

Key Value Factors

• Authenticity: Genuine 1878 U.S. silver dollars are Morgan dollars (Philadelphia, Carson City, San Francisco mints). Any other design is non-governmental.
• Composition: Is it .900 fine silver (26.73g), silver-plated, or base metal? Precious metal content sets a floor value.
• Condition: Graded on the Sheldon scale (Poor-1 to MS-70). Original mint luster, lack of cleaning, and sharp details command premiums.
• Rarity & Demand: True rarities (e.g., 1878-CC Morgan) can exceed $1,000; common-date Morgans in circulated condition trade near silver melt value (~$20–$30). Novelty tokens have minimal numismatic value.

Next Steps

Do not clean the coin. Consult a professional numismatist or a reputable coin dealer (ANA or PNG members) for an in-hand appraisal. They can verify authenticity, grade, and provide a fair market estimate.