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Replies: 19 / Views: 4,236 |
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Moderator
 United States
23522 Posts |
Quote:
After the design have changed to include the "CENTS" word in it, rumors spread about confiscation of the no cents variety.
This led to massive hoarding of the coin, assuming the ones left would soar in price. That makes a lot of sense.
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Bedrock of the Community
United States
11951 Posts |
Having read the story on Josh Tatum over the years, I remember him being a deaf mute. Did a quick search and came up with this link http://www.coinsite.com/content/faq...erNickel.aspIf accurate it states he got off because he could not speak, so never told the merchants the he had a five dollar coin. This is the first I remember reading that his coins had a "hand reeded" edge and gold plated. Of course sometimes it is hard to get the true details of any story in our modern internet age. But I do agree the odd coin always seems to be saved more often. Other examples .. 1943 steel Lincoln Cent and bicentenial coins from 1975 and 1976. When coins are saved at such a volume they end up having much less value.
Edited by GR58 12/22/2012 8:37 pm
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Pillar of the Community
861 Posts |
I had heard the story some 20 years ago. I knew he had some handicap. That's what happens when you go by old memories. Now, if I could only remember where I left my money and my wife........ Oh, now I remember, they both ran away together.
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Moderator
 United States
15548 Posts |
Agreed with all the above ... larger mintage but many more saved by collectors (hoarders) of the day. Quote: After double checking I was very surprised and disappointed I humbly suggest that if you choose to submit a coin to a TPG ... you should at a minimum do enough research to know what you are submitting. The CCF remains a great resource ... we could have given you better advise. David
Take a look at my other hobby ... http://www.jk-dk.art
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Valued Member
United States
207 Posts |
Cool story, thanks for the trivia
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Pillar of the Community
United States
615 Posts |
Quote: That makes a lot of sense. Booooooo. Not very punny sah!
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Valued Member
United States
271 Posts |
Everybody collected the no cents even tried to turn it into a gold five dollar piece, the with cents was not horded went through circulation like all coins and that makes the coin much harder to get today. The 1883 no cent nickel is one of the cheapest MS V nickels on the market. I actually have one that someone took the time and gave it a reeded edge.
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Pillar of the Community
United States
3283 Posts |
Quote: Now, if I could only remember where I left my money and my wife........ Oh, now I remember, they both ran away together.  Very funny, I'll be using that one
Edited by upstate 12/22/2012 11:32 pm
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Bedrock of the Community
United States
17884 Posts |
Quote: There was a famous thief named Josh that was plating these nickels in Gold and passing them off as $5 Gold pieces. The saying "no Joshing", actually came from him...no Joshing. The Josh Tatum story is a nice story, but that is all it is a story. There is no evidence a Josh Tatum ever existed, there is no record anywhere of a Josh Tatum being tried for passing plated coins. And the story about it being the source of the term Joshing is also wrong. The term joshing or to josh meaning to trick or fool dates for the 1830's, long before the 1883 NC nickel.
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Pillar of the Community
United States
3486 Posts |
I have been told that both reeded and unreeded gold plated examples exist of the no cents variety. Mine has no reeding. However,the gold wash is worn away on the higher parts of the coin. The "modern" examples, from the late 60s into the 70s are completely gold washed and show no signs of having actually circulated. Yet another numismatic mystery.  
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Pillar of the Community
861 Posts |
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Pillar of the Community
861 Posts |
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Bedrock of the Community
United States
20753 Posts |
Quote: The term joshing or to josh meaning to trick or fool dates for the 1830's, long before the 1883 NC nickel.
But isn't it possible that people in the 1830's already knew that a Josh Tatum would someday take the new, not yet invented, Nickel and plate it with Gold?   Just Joshing you know.
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Pillar of the Community
United States
592 Posts |
The earliest recorded uses of josh as a verb come from an 1845 edition of the St. Louis Reveille and an 1852 edition of the New York Lantern. The relevant lines are "Look out in future, and if you must Josh, why, give a private one" and "The squint eyed chap's been joshin' ye," respectively.
Both of these come before the career of a well-known American humorist of the era, Josh Billings (career 1860-1885), who may have been in part responsible for the popularization of the word.
This is what I love about the OED. It gets you definitions, but it also gets you examples of the word in use as far back as can be found.
Edited by SaintRidley 12/26/2012 11:18 am
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Pillar of the Community
United States
1704 Posts |
Be wary of modern low grade gold plated no cents 1883 nickels which are meant to deceive. The original gold plated nickels were plated shortly after entering circulation and have virtually no wear to them. It also isn't cost effective for someone to take an AU or MS coin and plate it since the gold plating will be too shiny and fresh. The original racketeer nickels will be more dull from age. Ed ANA LM-3175
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