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1883 Liberty Head Nickel No Cents Racketeer Nickel

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HippieOutcast's Avatar
United States
615 Posts
 Posted 12/12/2012  4:10 pm Show Profile   Bookmark this topic Add HippieOutcast to your friends list Get a Link to this Message Number of Subscribers
Thought I'd share this coin and see what people thought as far as grade went. It does have luster and I cannot find any nicks or marks on it. Sadly, it will be going up for sale at the end of the week.

1883-Liberty-Head-Nickel-No-Cents-Racketeer-Nickel
1883-Liberty-Head-Nickel-No-Cents-Racketeer-Nickel

Edited by HippieOutcast
12/12/2012 4:19 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 12/12/2012  4:20 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Wow, that's nice. The images are a bit small for reliable grading, but I certainly don't see circulation wear. Is it reeded?
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HippieOutcast's Avatar
United States
615 Posts
 Posted 12/12/2012  4:23 pm  Show Profile   Bookmark this reply Add HippieOutcast to your friends list Get a Link to this Reply
I'm going through a transitional period with scanners sadly, that's the best I could do. I personally have only seen racketeer nickels that were in horrible shape, and was therefore pleased to happen along this one.

Edit: totally missed your question, it is not reeded.
Edited by HippieOutcast
12/12/2012 4:24 pm
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IndianGoldEagle's Avatar
United States
36844 Posts
 Posted 12/12/2012  5:52 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
The plating will hide most marks that were on it before the gold layer was applied. Not sure you can give this a numeric grade as it is an altered coin. The original 19th century "racketeer" nickels had reeding on the edge to simulate a $5 gold piece. Modern knock offs usually come without reeding.
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HippieOutcast's Avatar
United States
615 Posts
 Posted 12/12/2012  5:55 pm  Show Profile   Bookmark this reply Add HippieOutcast to your friends list Get a Link to this Reply
Knowing that, am I in possession of a modern racketeer nickel? I was not aware of the reeding differentiation.
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dave700x's Avatar
United States
10625 Posts
 Posted 12/12/2012  7:05 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
It actually looks like a well struck MS coin.
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 12/12/2012  7:31 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
Hard to say what it could grade from the scans but it does appear to be MS. I am wondering if the coin is toned in a yellowy hue because it does not appear to have been gold plated.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 12/12/2012  8:10 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I am wondering if the coin is toned in a yellowy hue because it does not appear to have been gold plated.


That's not out of the question; ot does look nicely uniform yet not "loud."


It's pretty much impossible to ever be sure you've an original Racketeer Nickel. If the reeding is present, that's a hint but not a slam-dunk certainty. They were created to be circulated, though, so one can assume you'll see circulation wear and the majority of the plating to have been worn off of an original one.
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skyshark124's Avatar
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1109 Posts
 Posted 03/12/2013  11:29 pm  Show Profile   Bookmark this reply Add skyshark124 to your friends list Get a Link to this Reply
I know the last comment was a few months ago but I came across it just now and noticed the comment about most racketeer nickels you see being in bad shape. Here's one I picked up at my local coin store. Not bad if I may say. The dealer was sitting on it in inventory so he eventually put it in the half price bin. I grabbed it.

1883-Liberty-Head-Nickel-No-Cents-Racketeer-Nickel
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