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 Replies: 19 / Views: 2,186 |
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Bedrock of the Community
Australia
21788 Posts |
Nickel is a magnetic metal and makes up 25% by weight of a Nickel.
Neodymium is the strongest magnetic metal there is.
My question: Is a standard Nickel attracted to a neodymium magnet?
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New Member
 United States
21 Posts |
I do thank you for looking though. I just thought it would be a good novelty type coin to show here. Its probably one of my favorite coins i'v found. Seriously though if it was a fake made 50+ years ago, I'm guessing its still worth more than face. heck i'v already made thousands of this coin without selling it. I used it to put my ex to sleep, and well lets just say she has been a delight ever since.
Sincerely
The Peasant King
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New Member
United States
21 Posts |
sel69 that is a negative. some Wartime nickels I can pull but cant pick them up
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New Member
United States
21 Posts |
Normal Nickels are Diamagnetic so they don't react or will push the magnet away or run from the mag. this Nickel is ParaMagnetic.
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Bedrock of the Community
United States
62064 Posts |
Plated coin with nickel. It will show a slight attraction. Once plated, they are no longer original and not something a real collector would desire. It would be rejected by the graders as a not original surface coin. Possibly give a genuine show of a slab with no grade. Not worth having it graded.
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New Member
United States
21 Posts |
all U.S. coinage is DiaMagnetic (few exceptions)
Magnetic = 1943 Steel cents, some canadian and foreign coinage.
Paramagnetic = i'v only ever seen 2 coins.
Side note- While I have received a possitive reaction to a few Wartime nickels, it was very weak attraction and
i don't think it Qualifies as ParaMagnetic
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New Member
United States
21 Posts |
This Nickel in the picture Is ParaMagnetic and it came that way from the United States Mint. So this coin would get a slab
and a grade if I chose to do that. it has only been damaged by circulation and has never been altered. Although this coin has never been in circulation, I say that because I use it alot.
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New Member
United States
21 Posts |
Anyhow it wasn't a circulation strike. So it was never Intended to be circulated so I'm guessing it would be graded on a proof scale and i'v used it for 2 years so it would not grade out well. it would be eligible for other designations. It is Novelty but a Novelty Coin Made in the U.S. Mint.
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New Member
United States
21 Posts |
A real Collector of United States Numismatic Rarities would without a doubt want this coin. Someone who just says everything is fake, is not a real Collector.
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Bedrock of the Community
United States
94367 Posts |
Agree, a likely rarity. Would you care to put a price on it, @Peasantking?
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Pillar of the Community
 United States
3671 Posts |
I'm not quite sure why an 84-year-old coin being in a safe for 50 years would imply it could have never been plated.
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Pillar of the Community
United States
1659 Posts |
Fifty years ago is only 1971, that coin had already been around for 34 years before that. That was a prime time for coins to be plated or tampered with. I remember tons of ads when I was a kid for polished and plated coin sets for sale. It definitely did not come from the mint like this but if you are sure, put up your money and have it slabbed.
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Moderator
United States
56855 Posts |
Send it to ANACS and let us know what they say by posting a full slab photo front and back please. John1  |
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Pillar of the Community
United States
4680 Posts |
Quote:
A real Collector of United States Numismatic Rarities would without a doubt want this coin. Someone who just says everything is fake, is not a real Collector. I'm sorry, but for lack of a better term, this statement is a bit. ignorant. Like many times before you, you've posted something to share/asked for opinions, and some very knowledgeable people gave they're input, and didn't hear what you wanted to hear. To a collector, this coin is a one look problem, not saying it's necessarily fake, but without a doubt is not a proof, rarity, nor did it leave the US Mint that way. It may bring you and the family enjoyment and that's great! That's what the hobby is supposed to do! But for the educational aspect of truly knowing what's what in regards to errors and an altered coin/fake, it's the latter. As John1 suggests, if you're confident it's a rarity, send it in for grading, prove us wrong. and if you do prove us wrong I'll pay your submission costs.  |
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Pillar of the Community
United States
2740 Posts |
The weak attraction to a magnet indicates it was plated outside the Mint with pure, elemental nickel. Its garish gleam also proves this is not a mint error.
Error coin writer and researcher.
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Replies: 19 / Views: 2,186 |
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Posted 09/05/2021 9:52 pm
