Value of 1881 o silver dollar?

8-15-11>>> Assuming the coin is circulated, the 1981-O Morgan is a common New Orleans Mint coin. Most coins have seen heavy use and show a lot of wear. Retail values are $37.00-$41.00. 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.