I was given permission to look around an old house that was built in the 1880's. When I arrived I could tell someone had beat me looking, because of the plugs in the soil. Looked anyway but didn't find anything buy a few brass items. Just before I was ready to leave, thought I would look around the front door as the wooden front porch had been removed. Very first signal was a solid hit on the nickel at 2". Digging down and that's when I saw it, GOLD! Since it had rained a couple of days ago, the coin had mud on it and I didn't want to scratch the coin removing the mud. At home, let it soak for a few minutes and when I looked at it, an 1897 V Nickel. WHAT!!! Sure enough, it was a GOLD PLATED 1897 V Nickel. What a disappointment.
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Gold Coin Found With Ace 250
- Thread starter ron_c
- Start date
R-n-R Magnolia SpringsAla
New member
Don't get depressed! That one is a keeper! Crooks used to plate them, and hand them off to immigrants trading their currency as $5 Dollar coins. Read up on em' VERY NEAT FIND!!!!!! Post a pic, I've heard about them but never seen one!
Was going to post a photo, but my daughter has my camera and she lives 350 miles from me. As soon as I get it back I'll post a pic.
I had read about the 1883 Without Cents V Nickel being gold plated and passed off as $5 gold pieces but this one is a 1897 and a grade of Good Condition.
I had read about the 1883 Without Cents V Nickel being gold plated and passed off as $5 gold pieces but this one is a 1897 and a grade of Good Condition.
R-n-R Magnolia SpringsAla
New member
And this one is a re-pop. See not a bad find after all!
http://cgi.ebay.com/1883-24K-GOLD-PLATED-RACKETEER-%22V%22-NICKEL-VF_W0QQitemZ120387716184QQcmdZViewItem
http://cgi.ebay.com/1883-24K-GOLD-PLATED-RACKETEER-%22V%22-NICKEL-VF_W0QQitemZ120387716184QQcmdZViewItem
That is an interesting find. I would have been proud to find it myself' 
I bought a box of post cards at a rummage sale a while back and in the bottom under the cards were a whole bunch of old coins. One was an 1883 V nickel which had been plated with gold. It fooled me for a few seconds and led me to do some research. An 1883 nickel with cents in mint condition is worth a lot more than an 1883 nickel without cents (lower mintage too) because many people hoarded the coins without cents because they were an oddity. It is relatively cheap and easy to buy a specimen in mint state. I don't know why your 1897 nickel, with cents, was plated but it is a very interesting find and I wouldn't be disappointed at all. How's about a photo?
Chris
I sold my 1883 racketeer nickel on Ebay for around 20 bucks. I paid 10 bucks for the entire box which also contained silver coins, IH cents, a gold charm and lots more goodies! I didn't know about all the great loot until well after I started sorting the post cards.
Chris
I sold my 1883 racketeer nickel on Ebay for around 20 bucks. I paid 10 bucks for the entire box which also contained silver coins, IH cents, a gold charm and lots more goodies! I didn't know about all the great loot until well after I started sorting the post cards.
Uncle Willy
New member
They plated those back in the old days and passed them off as five dollar gold pieces ( that's what you have ) . I have one that has the number 5 stamped on it so it couldn't be plated and passed as a gold piece. That's quite a find and a collectable.
Bill.
Bill.
Uncle Willy
New member
Yeah the nickels without "cents" on them were the ones plated and passed as gold pieces.
Bill
Bill
Mick in Dubbo
New member
Great find Ron.
Even though it's not a solid gold coin, still a great find to remember for some time to come.
Well done!
Mick Evans.
Even though it's not a solid gold coin, still a great find to remember for some time to come.
Well done!
Mick Evans.
Talked to a friend about the gold plated V nickel I found and he told me that a friend of his has found 2 of them over the years, one has a lot of the plating missing. Seems like there was a older man that collected coins and when he would buy collections from people he would have to buy all the collection just to get the few choice coins and most were worn common date coins. He worked for a military aircraft company in the Ft. Worth/Dallas area and had a friend that worked in the plating department. He carried hundreds of worn, common date V nickels and had them gold plated. This became his calling card. When he would leave a tip, he would also leave one of the gold plated V nickels as well. Since he also used a metal detector he would always leave one of the nickels behind for someone else to find. This was back in the either late '60s or in the early 70's when he started this. So, if anyone finds one of these nickels in the North Central Texas area it probably was put there by this guy. How mine ended up under the wooden front porch is anybody's quess.
Joel-Winnipeg
New member
n/t
I'd love to find one of those anyday ...