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<p>[QUOTE=&quot;Hobo, post: 1013712, member: 11521&quot;]What you have is probably a fake Racketeer Nickel. &quot;Genuine&quot; Racketeer Nickels were made by gold plating 1883 &quot;No Cents&quot; Liberty Nickels and were passed off as $5 gold pieces. The Liberty Nickels was introduced in 1883 so many people were unfamiliar with it when it first came out. The first version only had a &#039;V&#039; on the reverse to denote &#039;FIVE&#039; but did not clarify that it was &#039;FIVE CENTS&#039; and not &#039;FIVE DOLLARS&#039;. The nickel had a diameter close to the $5 coins so a few unscrupulous folks gold plated the nickel and passed them off as a $5 gold piece for a profit of almost $4.95. </p><p>&nbsp;</p><p>Now unscrupulous people are making fake Racketeer Nickels by gold plating 1883 &#039;No Cent&#039; Liberty Nickels. If the nickel has gold plating over very worn areas you can be sure it is not a genuine Racketter Nickels because the genuine Racketter Nickels were plated before the coins had a chance to circulate much. The scam quickly came to light and the reverse of the nickel was redesigned by adding &#039;CENTS&#039;.[/QUOTE]</p><p><br /></p>

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