Racketeer Nickel

Thanks, jbuck. This evidences that the rim was machined/reeded prior to being plated, of course. The "circulation" wear that erased much of the plating is fairly uniform, suggesting a gradual erosion of the surface, so to speak. On a more modern example that I have, unreeded, the coin's wear obviously preceded the plating which is nearly 100% in coverage. The contrast between the two pieces is stark, and the pair have proven to be interesting conversation pieces at coin gatherings.