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Gold plated 3 cent coins passed off for $3 coins?

oih82w8oih82w8 Posts: 11,906 ✭✭✭✭✭

While the Racketeer Nickle is pretty well known for not having the word "CENTS" on the reverse, has anyone heard/read about a 3 cent piece, primarily the 3CN, being hold plated and passed of as $3 coin? Just curious. 🤔

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    PerryHallPerryHall Posts: 45,443 ✭✭✭✭✭

    It would be very difficult due to the sizes of the coins being noticeably different.

    Worry is the interest you pay on a debt you may not owe.

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    291fifth291fifth Posts: 23,945 ✭✭✭✭✭

    No. I've never heard such a story.

    All glory is fleeting.
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    LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭
    edited January 9, 2023 10:02AM

    @PerryHall said:
    It would be very difficult due to the sizes of the coins being noticeably different.



    i think part of the point isn't so much that it is different to us, would it be to non-numismatic people in the 1880s.

    although, i guess most that don't know, probably would have no need for such a thing, maybe a few opportunists here and there and then those that would have use, perhaps most or all would know better?

    think about how many people still don't know not to put silver into the coin star, in 2023! or buffalos, mercs, w quarters etc.

    we just don't know what we don't know sometimes, ya know? :D

    edited to add: to specifically answer the op, i personally do not recall reading/hearing this before but wouldn't surprise me at all. if we could go back in time, i'm sure there was a LOT of this type of thing being attempted with a few different usa type coins. there are at least a few issues with no denomination, especially the early stuff. why they never put it on the coins SOMEWHERE, i will never understand.

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    johnny9434johnny9434 Posts: 27,521 ✭✭✭✭✭
    edited January 9, 2023 11:44AM

    when it comes to money people will try most anything to make a grab for it, jmo & fwiw

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I have not heard of the 3CN being gold plated and passed off as $3.... Might have happened, but seems it never made a big splash. Cheers, RickO

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    gumby1234gumby1234 Posts: 5,428 ✭✭✭✭✭

    Back in the day it worked for the no cents nickel because it was similar in size to the $5

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    messydeskmessydesk Posts: 19,704 ✭✭✭✭✭

    @PerryHall said:
    It would be very difficult due to the sizes of the coins being noticeably different.

    Less than 1 mm in diameter difference, easily overcome with a hammer, anvil, and leather. In order to have any success, it would have had to have been done in 1865 when they were still new. A bit surprising that it didn't happen, actually. Leads me to wonder just how overstated the frequency of this happening with the nickels in 1883 was.

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    The_Dinosaur_ManThe_Dinosaur_Man Posts: 839 ✭✭✭✭✭

    I imagine that the coin shortage of the Civil War had an impact on this scenario. How many people were willing to put hard money into commerce at the time and not continue hoarding? It took years for silver to return to circulation, I don't expect gold fared any better.

    Custom album maker and numismatic photographer, see my portfolio here: (http://www.donahuenumismatics.com/).

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    PerryHallPerryHall Posts: 45,443 ✭✭✭✭✭

    @messydesk said:

    @PerryHall said:
    It would be very difficult due to the sizes of the coins being noticeably different.

    Less than 1 mm in diameter difference

    You better check your math since17.9 mm for the CN 3 cent versus 20.5 mm for the gold $3 equals a difference of 2.6 mm. ;)

    Worry is the interest you pay on a debt you may not owe.

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    messydeskmessydesk Posts: 19,704 ✭✭✭✭✭

    @PerryHall said:

    @messydesk said:

    @PerryHall said:
    It would be very difficult due to the sizes of the coins being noticeably different.

    Less than 1 mm in diameter difference

    You better check your math since17.9 mm for the CN 3 cent versus 20.5 mm for the gold $3 equals a difference of 2.6 mm. ;)

    Actually, I need to check my reading. I saw 19.7 for whatever reason. :s

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    CaptHenwayCaptHenway Posts: 31,564 ✭✭✭✭✭
    edited January 10, 2023 6:07PM

    The three cent nickels are the same size as a dime. This was no problem in 1865, but eventually somebody invented the pay telephone which took a dime, a lot of money in the 1880’s. Pay phones filled up with three cent, and some phone companies demanded that the Treasury redeem them for 10 cents each. Treasury told them to drop dead, but eventually they discontinued making the three cent piece.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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    CaptHenwayCaptHenway Posts: 31,564 ✭✭✭✭✭

    German Pfennigs used to work in the Chicago subway turnstiles. The legit tokens were more than a dollar. People kept coming into the coin shop trying to buy Pfennigs and lying about why they wanted them.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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    messydeskmessydesk Posts: 19,704 ✭✭✭✭✭

    @CaptHenway said:
    German Pfennigs used to work in the Chicago subway turnstiles. The legit tokens were more than a dollar. People kept coming into the coin shop trying to buy Pfennigs and lying about why they wanted them.

    I used to get requests to bring rolls of them back when I went to Germany on business trips.

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