The 1883 Racketeer Nickel is likely the most infamous coin of all time! For a small while in 1883, the U.S. Mint produced nickels without the word "Cents." The coin simply had a roman numeral "V" on the reverse. This was quickly noticed and people started to plate them in gold and would try to pass them off as $5 Gold coins! They were just about the size of a $5 gold coin and they had the number $5 on them, so countless people fell for this trick.
Don't forget, $5 in 1883 is equivalent to about $125 in today's money. After countless people were duped, the Mint finally put the word "cents" on the coin to prevent this from happening any more. These 1883 Gold Plated Racketeer Nickels serve as a wonderful collectable that tell a story like none other!
- A true piece of Americana
- Nice condition
- Genuine gold plated