CryptoAce
Tue Jul 16 2024
|
7 answers
1352
Which American coins are magnetic?
As a cryptocurrency and finance professional, I'm often asked questions about traditional currency as well. One common inquiry I encounter is about the magnetic properties of American coins. So, let's delve into this query: "Which American coins are magnetic?" The short answer is, not many. Typically, coins made of non-ferromagnetic metals like copper, nickel, or zinc alloys are not magnetic. However, some coins have been produced with steel cores, which are magnetic. For instance, some pennies from 1943 were made of steel due to copper shortages during World War II and are thus magnetic. But in general, most modern American coins, including quarters, dimes, nickels, and pennies since 1982, are not magnetic. Collectors and enthusiasts may find this information interesting, especially when sorting through coin collections or using detection devices. But for the average person, the magnetic properties of coins are likely not a day-to-day concern.
