Please check your coin again and post a new question. No US nickels were ever struck in gold, nor do any have a knight on the back.
It's possible you have a coin from Another Country or your coin was altered after leaving the Mint.
The V on the back suggests the coin is actually a nickel, as V is the Roman numeral for 5. If this is the case, the coin is NOT silver, and values start at around $5 depending on condition.
There were 2 different types of nickels made in 1883. If your coin has a shield on the front it's called a Shield Nickel (for obvious reasons). If it has a picture of Miss Liberty and a large Roman numeral V on the back it's called a Liberty nickel. The value depends ENTIRELY on its condition.
The coin is a 1898 Liberty Head nickel (1883-1912) most show very heavy wear and are valued at $5.00-$9.00.
The coin is NOT silver. Most circulated coins are valued at $1.00-$3.00. The 1901 Liberty Head nickel is not rare or scarce.
Back in 1903, the nickel was called, the "Liberty" nickel. The name "Mercury" only refers to the dime and came into circulation in 1916. The "Mercury" dime was produced until 1945. In 1946 to present, it is called the "Roosevelt" dime.
The obverse side of the 2005 Liberty nickel is stamped with a profile of President Jefferson on the left side, the words, "In God We Trust", the handwritten cursive word, "Liberty", and the year, "2005".
The coin is a 1902 Liberty Head Nickel, the "V" on the back is the Roman numeral 5 and the date is not rare for these coins, in average condition values are $1.00-$3.00
Most likely this "doubling" is caused by erosion of the die, which happened often from striking these harder metal coins. Value a couple dollars.
Not Mercury, either. The so-called Mercury design was used on dimes from 1916 to 1945. Please post a new question with a more complete description of the coin. If it has a large V on the back it's a Liberty Nickel.
Yes - remember "V" means 5 in Roman numerals. The famous "Liberty Nickel" carried a V on the back.
In 1900 that would be a Liberty Nickel with the "V" on the back. In is made of 75% copper and 25% nickel. There is no silver in it. Value depends on how much wear there is on it and starts at about a dollar or so if you can read all the words on it and increases with less wear.
A nickel's value is not voided due to worn surface. It should still be worth 5 cents.