The only US cents that are attracted to a magnet were made in 1943. The coins were struck from steel instead of copper because copper was needed for making ammunition.
1943 steel cents are still fairly common among collectors. Circulated ones generally aren't worth more than 50 cents or so. There's more information at the Related Question.
If it's magnetic it could be: A) Plated. Worth only 1 cent B) An off-metal strike made on a blank intended for a foreign coin. Value unknown but certainly a lot more than a penny. You'd need to have it examined in person to determine which.
No.
The 1943 steel cent is so common and low in value that no one bothers making fakes. It's the COPPER '43 that has fakes out there. A genuine steel penny is magnetic.
A normal 1979 penny will not stick to a magnet -- it's made almost entirely of copper -- a non-magnetic material. So for your coin to stick to a magnet, it has to either be fake, or plated with some kind of magnetic material. In either case, it's value would only be as a novelty item -- perhaps a couple dollars at best.
The newer Canadian pennies are magnetic . Ex. 2007 and 2008 pennies are magnetic . the older pennies are not Ex. 1989.
Neither the original copper or the newer version copper-zinc penny is magnetic. The 1943 steel penny was the only penny effected by a magnet.
no
There are no British magnetic Pennies. From 1992, the Royal Mint began making the British Penny and 2 Pence coins from copper plated steel. Because they are made from steel, they can be attracted to a magnet. All years of issue of the British decimal Penny and 2 pence coins are still potentially in circulation, so they are worth 1 Penny and 2 Pence respectively.
If it's magnetic it could be: A) Plated. Worth only 1 cent B) An off-metal strike made on a blank intended for a foreign coin. Value unknown but certainly a lot more than a penny. You'd need to have it examined in person to determine which.
No, copper is not magnetic.
No.
The 1943 steel cent is so common and low in value that no one bothers making fakes. It's the COPPER '43 that has fakes out there. A genuine steel penny is magnetic.
A normal 1979 penny will not stick to a magnet -- it's made almost entirely of copper -- a non-magnetic material. So for your coin to stick to a magnet, it has to either be fake, or plated with some kind of magnetic material. In either case, it's value would only be as a novelty item -- perhaps a couple dollars at best.
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The newer Canadian pennies are magnetic . Ex. 2007 and 2008 pennies are magnetic . the older pennies are not Ex. 1989.
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