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This makes me laugh.

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I understand that the original racketeer nickels had reeded edges, however, probably greater than 99% of the purported racketeer nickels in existance are not contemporary fakes and very few of these have reeded edges. Therefore, it is normal to have a smooth edge on the coin.

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I have a picture of what I believe is a "genuine" racketeer nickel in my Type set. It's under the "No Cents" category as the reverse photo.

 

The piece has a nicely reeded edge that is similar to that which was on the genuine $5 gold coins of the period. I also have another piece, which is not plated, which has a very crude reeded edge. '

 

Here is the link to my type set:

 

http://www.collectors-society.com/registry/coins/set_detail.asp?PeopleSetID=3081 Bill's U.S. Coin Type Set

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Bill,

 

Thanks for the link to your set ( which I'll look at later ) and the image of the 1883 Racketeer Nickel. Although I have heard about these for decades, this is the first one I have seen.

 

Mike Hayes

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Whoever did the reeding job did a fine job. I've read where most were crudely done with a file.

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