Magnetic Coin

[johnleo]

Can anybody says me about the magnetic coin? What is the rate of Magnetic coin?

 

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[ivan salis]

coins that will stick to a magnet are normally nickel or steel coated with nickel * and are not high value coins generally.

 

[johnleo]

I said about original Magnetic Coin.

 

[Frankn]

Some US silver dollars were counterfeited using an iron base with a thin silver plating. You can distinguish them with a magnet. This might be what you are talking about, I am not sure. Frank...

 

[True_Metal]

Magnetic coins are used in magic tricks. I have no idea what you mean by "rate" of one?

 

[Alan Applegate]

Well, maybe. It depends on what you call magnetic.

A common nickel will stick to a magnet if it is strong enough, like a good-sized neodymium.

All metals react to a moving magnet to some degree, even gold. The reason is simply this. A moving magnetic field induces eddy currents within any metallic structure. Some are weak, and some are strong. Coin sorters for example use eddies currents as part of their sorting ability. While they don't strictly stick to the magnet, they nonetheless react to it.

 

[XL-PRO PRO]

I bought some Chinese magnetic coins at a yard sale once!

 

[piegrande]

Several years ago, a man in my village asked for help figuring out what his dad's collection of silver dollars was worth. Our Bugs Bunny refrigerator magnet thingie said they were worth nothing but metal scrap. Also, their weight was wrong for silver dollars.

 

[Frankn]

Well, maybe. It depends on what you call magnetic.

A common nickel will stick to a magnet if it is strong enough, like a good-sized neodymium.

All metals react to a moving magnet to some degree, even gold. The reason is simply this. A moving magnetic field induces eddy currents within any metallic structure. Some are weak, and some are strong. Coin sorters for example use eddies currents as part of their sorting ability. While they don't strictly stick to the magnet, they nonetheless react to it.

? ?? ??
Only Iron is attracted to a magnet! Frank...