found this one on ebay, it has no bids and is $40, should I get it, is that a good price? I don't own a certified morgan, would like to start getting a few. http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=310190619501&ssPageName=STRK:MEWAX:IT
No, do not get this coin. That is a price you would expect to pay at MS64. The 1881-S are a very common date, and there are plenty of certified examples. You could get a MS65 for less than $200, and you would still have a coin that has a very high population! If you are going to buy the 1881-S morgan, graded, I would suggest getting a higher grade. (The highest one in your price range of course)
I bought a toned one from a collection this week. 1881 S Morgan MS 65 and I paid under $150. I got it today!
good thinking. always shoot for the highest grade without breaking your pocket- it will pay off later.