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No British coin is magnetic. Coins made from steel can be attracted to a magnet.

From 1968 to 2011, the British 10 Pence coin was made from a copper-nickel alloy and therefore have no magnetic properties, copper and nickel both being non-ferrous metals.

From late 2011, the British 10 Pence coin is made from nickel plated steel which has some magnetic properties similar to the 1 Penny and 2 Pence coins issued from 1992.

The move towards coins made from steel is an effort by many countries to reduce the cost of manufacturing coins. Also, the coins are much more durable, even if the plating is not, and may extend the life expectancy of coins well beyond 50 years.

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13y ago

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Related Questions

What is the value of a magnetic penny coin?

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.


Are Penny's magnetic?

No.


How can a 1967 Penny be silver?

All 1967 general circulation British Pennies were made from bronze. If you have a silver Penny, it will be because somebody has plated it. Alternatively, the British Maundy Penny is a very much smaller coin than the traditional Penny and is made from sterling silver.


Does a magnet attract to a penny?

A standard penny is made of copper and zinc, which are not attracted to magnets. Therefore, a magnet would not attract to a penny.


Is there such a thing as a gold British Penny dated 1897?

No. All British Pennies from 1860 to 1967 were made from bronze. If you have a gold One Penny coin, it would be because somebody has gold plated it.


What is the value of a half a penny 1960 British coin?

British Pennies are made to a specific size and weight. A penny half the thickness of a normal penny is either terribly worn, making it just about worthless, or it is a token of some description.


Does the steel and wheat penny magnitize?

Yes, both the steel and wheat penny can be slightly magnetic due to the iron content in the steel penny and the copper content in the wheat penny. However, the magnetism may be very weak and not easily noticeable.


Information on a silver 1956 wheat penny the penny is not steel or made of any magnetic metal?

The US has Never made a silver one cent coin, it may have been plated or just looks like silver but it's not silver. The coin has no collectible value at all.


What are the specifications of a British decimal 1 Penny coin?

The British decimal 1 Penny coin was first issued in 1971, and general circulation coins have the following specifications - 1 Penny (from 1968 - 1992) 20.32 mm diameter, 1.52 mm thick, weigh 3.56 grams and are made from 97% copper, 2.5% zinc and 0.5% tin. The edge is plain. 1 Penny (from 1992) 20.32 mm diameter, 1.65 mm thick, weigh 3.56 grams and are made from copper plated steel. The edge is plain. The coin was known as a 1 New Penny coin from 1971 to 1981 inclusive. From 1982, the "New" was dropped making it a 1 Penny coin. All years of issue of the British decimal 1 Penny coin are still potentially in circulation.


What coin is made out of copper?

The penny is made out of copper.


Does a U.S. 1996 D penny have any value It is completely silver in mint condition and magnetic.?

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.


What is the coating of copper coin?

If you refer to the British 1 Penny and 2 Pence coins, they are currently made from copper-plated steel.