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Topical Terminology > Racketeer Nickel



1 Definition

Racketeer Nickel

For Racketeer Nickel we have a term and definition in Coin Collecting.



Racketeer Nickel (Coin Collecting)

A gold-plated 1883 No "CENTS" Liberty Head five-cent coin ("V" nickel). Legend has it that a deaf-mute gold-plated these unfamiliar coins and would use them as legal tender. Sometimes, he was given change for a five-dollar gold piece since the V on the reverse could be interpreted as either five cents or five dollars! They have also been gold-plated since that time to sell to collectors.




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