- Well-worn condition (heavily circulated): $25 - $35
- Good condition (scratches, nicks, but still discernible details): $45 - $60
- Very good condition (moderate wear, more prominent details): $65 - $90
- Fine condition (significant wear, but design elements are distinct): $95 - $125
- Very fine condition (minimal wear, sharp details, some luster): $135 - $185
- Extremely fine condition (almost no visible wear, original luster): $190 - $240
- Uncirculated condition (no signs of wear, original luster): $245 - $400+
Please note that these are approximate ranges and the actual value of a specific 1881 Philadelphia Morgan silver dollar can be determined by a numismatic expert based on its specific characteristics.