The III is its value. Its called a three cent nickel because its face value is three cents and its primary composition is Nickel. Depending on its condition it usually sells for $15 - $25. If its uncirculated it can sell in the hundreds of dollars.
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5-22-11>> The plating adds nothing to the value of the coin. Actually it killed the collectible value of the coin. It's value is for the silver about $30.00
1881 is a common date for Morgan dollars, circulated coins are valued at $17.00-$26.00
Assuming the coin is circulated, retail value is $17.00-$26.00
Assuming the coin is circulated, the 1881-S Morgan dollar is a common, value is $32.00-$38.00 depending on grade.
A denomination is needed, post new question. silver dollar piece