A little bit ago I came across someone selling a used folding nickel.
It turns out they have two of them:
The one with the straight cut appears to be more homemade and the profile cut seems to be a more professional job. With the nickel being soo small, I don’t know why you’d need it to fold into more than one piece, unless it’s to hide the cut. It appears the one with the straight cut, the cut goes around the building on the tails side to hide the cut.
I honestly have no idea what you would use it for. I checked and a nickel won’t got into a bottle, so you could use it for that, but the effect won’t have nearly the impact as a doing it with a quarter or half dollar.
A quick google search didn’t bring up any listings for anyone selling these folding nickels, so the may be something that someone made a batch of and never sold.
I kind of want to buy them and try to figure out a trick to do with them. If you have any ideas beyond coin in bottle and coin through ring, let me know!