What is the value for a 1883 silver dollar?

Assuming the coin is circulated, the 1883 Morgan Dollar (1878-1904 & 1921) is a common coin. Most coins have seen heavy use and show a lot of wear. Retail values, as of 8-25-11, are $37.00-$41.00 depending on what grade the coin is. Values are only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelry or have been cleaned have far less value if any to a collector or dealer.