It depends on the year, if you have a 5 Peso coin struck before 1992, it contains no magnetic material (copper-nickel, brass and silver are not magnetic), if you have a 1 peso coin dated 1984 or later it is magnetic because the coins are struck in steel and steel is magnetic.
A silver penny from 1943 that sticks to a magnet is likely rare and could be a potential error coin. During this time, U.S. pennies were typically made of zinc-coated steel due to the priority of copper for the war effort. If your coin is indeed made of silver and sticks to a magnet, it may have been altered or could be a counterfeit. We recommend consulting with a coin expert or a professional to assess its authenticity and value.
No, an 1874 Trade Dollar should not stick to a magnet if it is genuine. Trade Dollars were minted in silver, which is not magnetic. If a Trade Dollar sticks to a magnet, it is likely a counterfeit or altered coin.
No, if a magnet sticks to a coin, it means it does not contain silver because silver is not magnetic. The silver ring sound could be due to the metal composition of the coin or the way it was struck during minting, but it does not necessarily indicate the presence of silver.
It's possible, but the percentage of silver would be very low, as silver is non-magnetic. <<>> If the coin is magnetic it is probably a steel one with plating on top of it. In the UK, 1p and 2p coins are copper-plated steel, while 5p and 10p are steel with nickel plating.
No, a US silver dollar does not stick to a magnet because silver is not a magnetic metal. United States silver dollars are made primarily of silver, which is a non-magnetic metal, so they will not be attracted to a magnet.
One way to know a coin is not silver is to check it with a magnet. If the magnet sticks to the coin, it is not silver. If the magnet does not stick, it still might not be silver. You can test it, but to do that you need a test kit.
A silver penny from 1943 that sticks to a magnet is likely rare and could be a potential error coin. During this time, U.S. pennies were typically made of zinc-coated steel due to the priority of copper for the war effort. If your coin is indeed made of silver and sticks to a magnet, it may have been altered or could be a counterfeit. We recommend consulting with a coin expert or a professional to assess its authenticity and value.
No, an 1874 Trade Dollar should not stick to a magnet if it is genuine. Trade Dollars were minted in silver, which is not magnetic. If a Trade Dollar sticks to a magnet, it is likely a counterfeit or altered coin.
No, if a magnet sticks to a coin, it means it does not contain silver because silver is not magnetic. The silver ring sound could be due to the metal composition of the coin or the way it was struck during minting, but it does not necessarily indicate the presence of silver.
Some coins, such as the U.S. penny and nickel, are magnetic due to their composition. You can test their magnetic properties by using a magnet to see if the coin is attracted to it. If the coin sticks to the magnet, it is magnetic.
It's possible, but the percentage of silver would be very low, as silver is non-magnetic. <<>> If the coin is magnetic it is probably a steel one with plating on top of it. In the UK, 1p and 2p coins are copper-plated steel, while 5p and 10p are steel with nickel plating.
No, a US silver dollar does not stick to a magnet because silver is not a magnetic metal. United States silver dollars are made primarily of silver, which is a non-magnetic metal, so they will not be attracted to a magnet.
Test it with a magnet. 1943 steel cents are magnetic. 1944 copper cents are not.
A 1972 US cent would be made of solid bronze and have a different color than a new one, but not goldish. If it sticks to a magnet, it is either not real or has been coated with some metal with magnetic properties.
Take it to a reputable coin dealer and he can verify it for you. Some easy tricks to do is to see if it sticks to a magnet, if it does, it is a fake. Secondly, look at the coin under a loupe and compare the last 2 digits to a genuine 1943 steel penny, if they aren't identical, it is an altered coin.
All genuine 1977 cents were struck in bronze, which is not magnetic. If your coin sticks to a magnet it has either been plated with enough nickel or other magnetic metal to stick, or it was struck in a different metal altogether. If it's a different metal, you either have a fantasy piece someone made privately, or possibly an error that's called an off-metal strike. That error occurs when a blank for a foreign coin accidentally gets mixed in with normal blanks at the Mint. Off-metal strikes can be worth a premium, but you'd need to have your coin inspected by a professional coin dealer or grader in order to tell if you have a true error, a fake, or just an altered coin.
a coin that says Regina on it