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7-4-11>>> Assuming the coin is circulated and has no mintmark, the 1881 Morgan is a common date. For an accurate assessment of value the coin needs to be seen and graded. Most coins have seen heavy use and show a lot of wear. In general retail values for circulated grade coins are $36.00-$41.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched or have been cleaned have far less value if any to a collector or dealer.

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