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. This coin is actually an 1883 with cents that has had the word cents removed. On the 1883 no cents coins the words e plurbius unum is on the bottom. On this coin with cents the words e plurbius unum is above the V, thus making this an 1893 with cents but without the word cents coin. It is not gold plated but it comes in this neat wood coin case.
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