Discussion in 'What's it Worth' started by William Horton, Jan 30, 2021.
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Some 1883 nickels didn't have "CENTS" on the back until people realized that they look like the $5 gold pieces from the time. Some dishonest people would gold plate them and spend them as $5 gold coins and make a huge profit. When the government found out, they obviously had to change it to stop the fraud. That's why some of the early 1883 nickels don't have cents on the back and others do. All of the liberty nickels after that have cents on the back. I am sure some other members can expand on this but its just a cool little fact I learned from my Whitman coin book lol.
I would only add that (at the time) the "No Cents" nickels were hoarded in great numbers...and not the "With Cents" variety. It's the 1883 "With Cents" variety that is the more rare of the two.
Are you talking about PLURI[BU]S? ...could be. That rim ding is PMD.
Welcome to CT.
Where did you acquire the coin, from a dealer (LCS)?
Since the item is/was from an LCS, my updated assessment of the coin is: Cleaned and worth about $20.00.
This is not certified, or mint state.
is a cleaned coin especially given the nice details left on the coin. Reverse has some damage and would normally detract from the overall value, but as a details coin, not too significantly. I think you made a fair deal on the specimen and certainly fun to look at!
The 1908 has some environmental toning (damage) and a typical specimen at that. You will find better as you go along, but nice to have in your collection as you look for a nicer one.
Welcome to the mix here!!
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