I'd like to have some information please on this Jefferson nickel. The correct term for this nickel and if I should get it graded. Thank you for your time.
its a water squirting trick/joke coin. Squirting nickel prank. See the small hole in the "o" of "OF" on the reverse? That's where the water comes out. the back side is where you squeeze to squirt it. Squeeze it tightly in a cup of water and release it to fill it up, then squirt someone in the eye after saying, "I found this interesting nickel in change today, can you take a look at it for me?" and hold it up to their face for a close look. LOL I do think this is an older version of the joke though, the reverse looks like brass, newer ones are just cheap metal or even a plastic bladder that wears out quickly.
It's a trick Nickel as stated by @John Burgess. Nice find but not worth grading. It's been a number of years since I've seen one of these.
Wow well that's very interesting! Never even heard of these before, but it makes sense now seeing the hole in the "o"