SOLD
17.50CAD+ buyer's premium (3.15)
This item SOLD at 2021 Jan 16 @ 12:26UTC-07:00 : PDT/MST
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This coin is the seldom-seen 1883 No Cents Liberty Head Nickel. It is known as the Racketeer Nickel.
The 1883 Racketeer Nickel is one of Americas most legendary and scandalous coins. When the first Liberty Nickel was minted in 1883, the word Cents did not appear anywhere on the coin. Instead, there was a large V (Roman number 5) in the center of the reverse, within a wreath of cotton, corn, wheat, and tobacco. Unfortunately, the coin is almost identical in size to the $5 gold coin that circulated at the time. Con-men gold-plated the Liberty Head Nickels and passed them off as new $5 gold coins.
The U.S. Mint soon stopped the corruption by adding the word Cents to the design in 1883. Only about 25 percent of the first-year 1883 coins are the No Cents variety. The obverse of the Liberty Head Nickel features a portrait of Lady Liberty. The 13 stars surrounding the portrait represent the 13 original American states.
The total mintage of the 1883 No Cents coin was less than one days production of modern Nickels. Most coins were damaged or worn out in circulation, leaving few for todays collectors. Each coin is plated in 7 mils of pure 24 karat gold, just like the original scandalous Racketeer Nickels.
Auction Location:
5606 54 St #12, Cold Lake, Alberta, T9M 1K5, Canada
Previewing Details:
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Taxes:
| Tax | Rate | Desc. |
| GST |
5% |
Goods and Services Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
18% |
Additional Fees:
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Payment Details:
Shipping to Canada and the US. The total shipping costs will be calculated after the auction ends. Combined shipping will apply if the bidder wins more than one asset. The buyer is responsible to pay all shipping charges.
Accepted Payment Methods:
- VISA
- Master Card
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- Debit
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1) All goods are sold on an "as is, where is" basis. Any description of goods is offered as a guide only. 2) All goods must be settled for within 12 hours after the close of the auction, the goods become the responsibility of the purchaser immediately when sold. 3) Tilley Auctions reserves the right to accept or reject any bid and shall control the bidding at all times. In cases of dispute the Auctioneer's decision shall be final.