What is a Racketeer Nickel?

What is Racketeer Nickel? Definition of Racketeer Nickel

Describes old, circa 1883, 5 cent US coin that was physically altered to look like a $5 gold coin. Investors prize racketeer nickels for their unique history. However, these coins are challenging to certify since they are coins altered by individuals outside of the US Mint.

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