Labor Day Steals Numismatic Rarities 39 PM D2
By Key Date Coins
Sep 4, 2023
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
The auction has ended

LOT 392:

1883 N/C Racketeer Nickel Liberty Nickel 5c. The 1883 Racketeer Nickel is one of Americas most legendary and ...

catalog
  Previous item
Next item 
Sold for: $25
Start price:
$ 5
Estimated price :
$25 - $100
Buyer's Premium: 18%
Auction took place on Sep 4, 2023 at Key Date Coins
tags:

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

catalog
  Previous item
Next item