To prepare my copper pennies for electroplating, I first dipped them in dilute sulfuric acid and then in a sodium hydroxide solution. The acid removes some surface contaminants and the base removes others. A very clean surface is necessary for a good, solid plating. Once the pennies were clean, I attached them to the negative clip of a 3V AA battery pack. For nickel plating, lower voltages are usually better, and lower amperages also help with smooth finishes. Thus, batteries at low voltage and low current are better than, say, an ATX 12V line. The anode, or positive terminal, of the plating bath was a nickel coin. It is important to note that the anode alligator clip should be above the water line or else it will be corroded away along with the nickel coin.
The coins didn't need any polishing at all, which I thought was really cool--my experiments with zinc plating were never this shiny. When compared with the blue-tinted zinc-plated coins I already had, the nickel-plated ones had a very beautiful golden-silver tint. I also plated steel with success by washing it in the acid and base and then repeating the plating procedure.
After I was done electroplating, I evaporated the nickel acetate plating solution by letting it sit uncovered for a month or so. This made some really nice chips of bright aqua nickel acetate crystals. I also made copper acetate by the same electrolysis method, and that evaporated down into very dark green kite-shaped crystals.