Get ready for the "16th most valuable coin in the U.S." http://missoula.craigslist.org/clt/3957277674.html
Too funny! No, I think it's a bad deal for him if I pay *only* $40000! It's more like six figures with that gem..
He posted a link to coin trackers and it said that a 1978 Morgan dollar was worth $35 in poor condition and his was probably F-VF.
I suppose that depends on if it's silver or "steel"... For me, that would be the difference between $20 and $0.50.