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The 1897-S MORGAN dollar is not scarce or rare, an average retail value for the coin is $26.00-$32.00.
The 1897-S Morgan is a high mintage, common issue. Retail values run from $32.00-$45.00 for circulated coins.
A 1880-S Morgan Silver Dollar that is in a mint state of MS67 is worth: $ 450.00.
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Assuming it's circulated and no mint mark $20.00 to $40.00 in collectible condition.
Current average retail value is $40.00
Morgan dollars were minted from 1878 to 1904 and in 1921. Please check the back of your coin. You have a Peace dollar rather than a Morgan.
An 1879 S Morgan dollar in MS(Mint State)63 condition is worth somewhere around $64. This is a common date.
The 1882-S Morgan dollar is common, circulated examples are $26.00-$32.00. A typical Mint State coin is $35.00-$50.00
July 26, 2009 An 1888-S Morgan silver dollar in a good circulated condition [much wear] has a value of about $145. If it is good enough to be almost uncirculated [almost no wear] it has a value of about $300.
6-26-11>>> The 1881-S Morgan is very common, circulated coins are $36.00-$40.00.
Assuming the coin is circulated, the 1881-S Morgan dollar is a common, value is $32.00-$38.00 depending on grade.