LOT 392:
1883 N/C Racketeer Nickel Liberty Nickel 5c. The 1883 Racketeer Nickel is one of Americas most legendary and ...
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Sold for: $25
Start price:
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5
Estimated price :
$25 - $100
Buyer's Premium: 18%
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1883 N/C Racketeer Nickel Liberty Nickel 5c. The 1883 Racketeer Nickel is one of Americas most legendary and scandalous coins. When the first Liberty Nickel was minted in 1883, the word Cents did not appear anywhere on the coin. Instead, there was a large V (Roman number 5) in the center of the reverse, within a wreath of cotton, corn, wheat, and tobacco. Unfortunately, the coin is almost identical in size to the $5 gold coin that circulated at the time. Con-men gold-plated the Liberty Head Nickels and passed them off as new $5 gold coins. The U.S. Mint soon stopped the corruption by adding the word Cents to the design in 1883. Only about 25 percent of the first-year 1883 coins are the No Cents variety

