Retail values for mint state coins start $750.00 in MS-60 $900.00 MS-61 $1,530.00 MS-62 $3,470.00 MS-63 $10,810.00 MS-64 $200,000.00+ in MS-65. Because most well struck uncirculated Morgan dollars grade out between MS-63 and MS-65. I would consider submitting it to one of the professional grading services for an accurate evaluation. After reading the question again the above information is WRONG . Just because the coin is dated 1886 with a O mint mark does NOT mean it's uncirculated. I hang my head in shame for this one.
The 1881s Morgan dollar is the most available of all 19th century Morgan's in MS -60 or higher grades. It list for $40.00 in MS-60 an only $50.00 in MS-63. Usually this coin is very sharply struck an a great coin to have for the value.
A brilliant uncirculated MS65 condition coin is about $180.
Average retail price is $35.00 for this common O Mint Morgan in MS-60, a MS-63 is $45.00
The 1880 Morgan is very common. A typical uncirculated example is $48.00 to $60.00 depending on the actual grade of the coin
If the grade is correct about $50.00.
Assuming the coin is circulated, the 1881-S Morgan dollar is a common, value is $32.00-$38.00 depending on grade.
The 1881-S Morgan dollar is the most available of all 19th century Morgan's in MS-60 or higher grades. It has current average retail values of $48.00 in MS-60 an only $65.00 in MS-63 which are the typical Mint State grades for this Morgan. Usually this coin is very sharply struck, an a great coin to have for the value.
6-27-11>>> The 1881s Morgan dollar is the most available of all 19th century Morgan's in MS-60 or higher grades. It has average retail values of $47.00 in MS-60 an only $67.00 in MS-63 which are the typical Mint State grades for this Morgan. Usually this coin is very sharply struck an a great coin to have for the value.
August 22, 2009 The Philadelphia mint produced 9,163,984 Morgan Dollars in 1881. The circulated and uncirculated values of these coins are shown in the following list: Circulated Grades.............1881-P G4......................................$16 F12....................................$18 VF30..................................$20 EF40..................................$21 AU55.................................$24 Uncirculated GradesMS60...................................$34 MS62...................................$40 MS63...................................$56 MS64...................................$132 MS65...................................$780 MS66...................................$3560 MS67...................................$17,190
As of Oct. 2012 the value of a 1881-S US dollar graded MS-63 is $65.
Assuming the coin is circulated, still in collectible condition and has no mintmark, the 1896 Morgan dollar is a high mintage common date coin. Average retail values as of 8-30-11 are $37.00-$41.00 depending on the grade of the coin.
New Orleans never struck proof coins. Up to 1964 proofs were only made in Philadelphia. Assuming you have an uncirculated 1880-O Morgan, you'll need to have it professionally appraised. Depending on how well-struck the coin is, as of 03/2009 prices for uncirculated specimens range all the way from $55 to almost $2000. A certified dealer or appraiser would need to examine it in person because small differences in quality can mean a major difference in price.
The 1881s is the most common of all 19th century Morgan dollars in Mint state condition: MS-60 $30.00/ MS-61 $36.00/MS-62$40.00/MS-63 $46.00/MS-64 $60.00 MS-65 $160.00 and circulated values are $17.00-$25.00