Genuine "Racketeer" Nickels have the reeded edge & gold plating to give the effect of a $5 gold piece of that era. SM
Stop Motion hate to break this to ya, but, this is a modern re-do. Sure the reeding is great, but-- it original it would not show as much gold on the surface. Look at the wear to the coin, I have one with about the same wear, and only about 3/4 of the gold is left. Mine has no reeding, but still, it is an oldie. The reeded ones are worth more than the non-reeded ones, but I believe that this is a modern job.
I agree, that one is a modern piece. The real ones were plated when the coins were Unc (and not all of them were reeded.) if a plated Unc coin received enough wear to show the loss of detail that the one pictured here does it would have copletely worn a wa the plating in those areas. (They couldn't have plated worn coins to make the originals. One of the things needed to make the scam work was the publics unfamiliarity with the new nickel. By the time they had circulated enough to give you that much wear the people would KNOW what the new nickel looked like and would have spotted it for what it was.)
