Cryptocurrency Q&A Why is my coin magnetic?

Why is my coin magnetic?

Sebastiano Sebastiano Mon Nov 18 2024 | 5 answers 1006
I found out that my coin is magnetic and I'm really curious about why. I've heard that some coins are made with magnetic materials, but I'm not sure if that's the case for mine. Can someone explain why my coin is attracting to magnets? Why is my coin magnetic?

5 answers

CryptoQueen CryptoQueen Wed Nov 20 2024
In contrast, bronze coins do not exhibit this magnetic property. Bronze is an alloy primarily composed of copper and tin, neither of which are ferromagnetic.

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Elena Elena Wed Nov 20 2024
Copper-plated coins possess a unique characteristic that sets them apart from other types of coins. They are attracted to magnets, which is an intriguing fact about their composition.

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CoinMaster CoinMaster Wed Nov 20 2024
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CharmedSun CharmedSun Wed Nov 20 2024
The reason behind this magnetic attraction lies in the material used for their cores. Specifically, copper-plated coins have steel cores that contain iron.

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GalaxyWhisper GalaxyWhisper Wed Nov 20 2024
Iron is a ferromagnetic material, meaning it can be magnetized and will therefore respond to a magnetic field. This is why copper-plated coins are drawn to magnets.

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