The scratches on the coin make it a damaged/problem coin. I'll guess the value to be about $30 to $40.
I don't think those scratches are out of line for a heavily circulated coin. Yes, it's damaged, but still desirable for a collector on a budget. I'll go along with Larry's value estimate, but I'll add that it could probably bring $60 or more on eBay if you're patient.
When they are heavily circulated and worn after 125 years it's not uncommon to weigh a little less. This is a very good date, but condition is an issue. $50 or a little more.