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Get PriceAnyone can make a racketeer nickel out of an 1883 no cents nickel by gold plating it If you can find one actually from 1883 and can somehow prove it comes from that time collectors might be willing to pay a large premium Maybe 50 US dollars or so The tough part is proving that you have a coin from a real racketeer not a modern wannabe
Anyone can make a racketeer nickel out of an 1883 no cents nickel by gold plating it If you can find one actually from 1883 and can somehow prove it comes from that time collectors might be willing to pay a large premium Maybe 50 US dollars or so The tough part is proving that you have a coin from a real racketeer not a modern wannabe
Further DetailsDont forget 5 in 1883 is equivalent to about 125 in todays 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
Further DetailsNov 29 2013 · The coins were gold plated and reeds were cut into the edge by hand nickels have a plain edge and they were passed off as 5 gold coins The most famous criminal case about altered 5 cent coins involved a deaf mute named Josh Tatum He would go to cigar stands and purchase a 5c cigar and pay with a gold plated hand reeded nickel
Further DetailsSince the Mint so quickly moved to change this coin it has become one of the more popular nickels to collect Your genuine 1883 Liberty Head Nickel is dated 1883 and is plated in pure 24 Karat Gold and comes in a display folder with story details
Further Details1883 Nickel Value 1883 nickel value covers both Shield nickels and the beginning of the popular Liberty Nickel series All nickels of this date must be examined closely the Shield nickel as to condition and the Liberty nickel because two distinct varieties exist
Further DetailsIn fact with a value of less than 10 in moderately worn grades it’s among the cheapest dates from the first decade of the Liberty nickel series This 1883 nickel draws a fair share of attention for being the first year of issue for the Liberty nickel series but the most intriguing story behind the 1883 V nickel has to do with how it became known as the ‘racketeer nickel’
Further DetailsJan 19 2018 · Im 9999 sure its a real 1883 nickel underneath the plating However the company which sold this item states it is plated in pure 24 Karat Gold To me that clearly indicates that they were plated by or for the seller A Racketeer Nickel with provenance would be worth a lot more than 35
Further DetailsNov 17 2016 · According to one tall tale the racketeer nickel was developed after the US mint issued the Liberty nickel in one side it had the head of Liberty On the obverse it
Further DetailsJul 20 2011 · Part of numismatic loremythology is the 1883 racketeer nickel 1883 was the first year for the new Liberty Head nickel and it was created without a listed denomination only a Roman numeral 5 Legend has it that certain unscrupulous entrepreneurs goldplated some of the new nickels and added reeding in order to pass them off as 5 gold coins
Further DetailsSince the Mint so quickly moved to change this coin it has become one of the more popular nickels to collect Your genuine 1883 Liberty Head Nickel is dated 1883 and is plated in pure 24 Karat Gold and comes in a display folder with story details
Further DetailsAug 17 2020 · Tatum was reportedly a deaf mute who bought merchandise priced at five cents at different general stores by paying for the goods with his goldplated 1883 “V” Nickels The story goes on to relay that Tatum often received 495 back in change suggesting that the cashiers mistakenly believed the goldplated nickels to be 5 gold pieces
Further DetailsIn fact with a value of less than 10 in moderately worn grades it’s among the cheapest dates from the first decade of the Liberty nickel series This 1883 nickel draws a fair share of attention for being the first year of issue for the Liberty nickel series but the most intriguing story behind the 1883 V nickel has to do with how it became known as the ‘racketeer nickel’
Further DetailsRacketeer nickels are dated 1883 They were created when crooks realized that the new Liberty Head design only had the Roman numeral V 5 on the back but not the word CENTS The coins were
Further DetailsSep 21 2010 · I saw an ad offering an 1883 gold coin described as a “racketeer nickel”What’s it supposed to be The coin offered is an 1883 nickel that has been gold plated to simulate a 5 gold piece These supposedly were passed on unsuspecting people when they were first issued because the nickel didn’t have the denomination spelled out
Further DetailsFinest Known and Values The finest circulation strikes of the 1883 Liberty Nickel “Without Cents” variety are graded MS67 This includes fifteen pieces graded by PCGS and more than fifty graded by NGC at this level These are often very markfree although the hard nickel alloy brought up many striking issues
Further Details1883 Nickel Value 1883 nickel value covers both Shield nickels and the beginning of the popular Liberty Nickel series All nickels of this date must be examined closely the Shield nickel as to condition and the Liberty nickel because two distinct varieties exist
Further DetailsJan 19 2018 · Im 9999 sure its a real 1883 nickel underneath the plating However the company which sold this item states it is plated in pure 24 Karat Gold To me that clearly indicates that they were plated by or for the seller A Racketeer Nickel with provenance would be worth a lot more than 35
Further DetailsJan 16 2019 · He would go to small stores and purchase a single fivecent cigar then hand over one of his goldplated nickels Store owners would assume it was worth 5 and give him 495 back in change
Further DetailsJul 20 2011 · Legend has it that certain unscrupulous entrepreneurs goldplated some of the new nickels and added reeding in order to pass them off as 5 gold coins Part way through 1883 the design was changed and CENTS was added under the V Written history is rather sketchy on the matter but stories of Josh Tatum and his nickels still persist However almost all gold plated nickels encountered in the
Further Details1883 Liberty Head Half Eagle Minted in solid gold 242 troy oz 216 mm in diameter 85 1883 Racketeer Nickel Coppernickel 5cent piece Goldplated with handreeded edges in an attempt to pass it off as a 5 gold coin Each coin was individually altered 132 years ago so the wear on the gilding and reeding will vary from coin to coin
Further DetailsFirst year of issue affectionately referred to as the racketeer nickel All coins are in Choice UNC MS63 or better condition All coins come in protective plastic The 1883 No Cents Liberty V Nickel is one of the great stories in American numismatics When first issued the word CENTS was not included anywhere on the coin
Further DetailsYear 1883 Mint Mark No mint mark Face Value 005 USD Total Produced 5474000 Silver Content 0 Numismatic Value 5 to 6000 Value As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around 5 while one in certified mint state MS condition could bring as much as 60 at auction
Further DetailsMar 01 2018 · I have a friend with an original 1883 Racketeer nickel It has a provenance all the way back to his GreatGrandmother that got it in the 1880s It looks nothing like the new ones It has a reeded edge that looks like it was done with a file and the gold plating is not perfect
Further DetailsFeeding Granularity:0-3mm
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Cylinder Capacity:9-285m³
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Length:6-8.5m
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Feeding Size:160-240mm
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Capacity:0.18-7 (m ³/min)
Suitable Materials:Copper, zinc, lead, nickel, gold and other non-ferrous metals, ferrous and non-metal.
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