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2003-P Non Magnetic....

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Canada
2632 Posts
 Posted 05/28/2014  3:48 pm  Show Profile   Bookmark this reply Add Alexer to your friends list
brexxz1..your talking about 1/10 of a gram difference between steel and zinc, I wouldn't count on that.

BUT even with the low grade scan of the coin I do believe there might be 3 tiny gas bubbles on the reverse..
2003-P-Non-Magnetic....
Can't wait to see how much it goes for.
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9871 Posts
 Posted 05/28/2014  4:38 pm  Show Profile   Bookmark this reply Add DBM to your friends list
Pennyman, the demagnetizers you and cdcoinman link to do not change the crystaline structure of steel so that it will no longer be attracted to a magnet, they are used to stop steel from acting as a magnet, the steel still retains its ferromagnetic properties and will still be attracted to a magnet and can be made again to act as a magnet..
"Dipping" is not considered cleaning...
-from PCGS website
Edited by DBM
05/28/2014 4:39 pm
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 Posted 05/28/2014  5:03 pm  Show Profile   Bookmark this reply Add Zonad to your friends list
"Pennyman, the demagnetizers you and cdcoinman link to do not change the crystaline structure of steel so that it will no longer be attracted to a magnet, they are used to stop steel from acting as a magnet, the steel still retains its ferromagnetic properties and will still be attracted to a magnet and can be made again to act as a magnet.."
I agree, didn't know how to say. Thanks
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 Posted 05/28/2014  5:29 pm  Show Profile   Bookmark this reply Add john100 to your friends list
Any chance this one will go for 20,000.00?
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 Posted 05/28/2014  5:41 pm  Show Profile   Bookmark this reply Add Alexer to your friends list
Okay got it so for example if my screwdriver becomes magnetic then you can demagnetize it back to normal is this correct?
I'll delete the other post
Thanks DBM
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 Posted 05/28/2014  6:25 pm  Show Profile   Bookmark this reply Add Zonad to your friends list
john100 Posted - Today 53 Min ago
Any chance this one will go for 20,000.00?
If someone had 20k for a 2005 they should have another 20k plus for this one.
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Canada
1581 Posts
 Posted 05/28/2014  10:18 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list

> Will you have a magnet in your other hand?

That's the issue with these off-alloy errors. There's nothing to see.
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Canada
190 Posts
 Posted 05/29/2014  08:29 am  Show Profile   Bookmark this reply Add maddog to your friends list
Sorry, but are all the one cent "P" coins suppose to be
Magnetic.
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 Posted 05/29/2014  5:50 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list
The P = Plated steel = Magnetic
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 Posted 05/29/2014  8:18 pm  Show Profile   Bookmark this reply Add M_d_in_guy to your friends list
In 2003 designation was given to the "P" for minted magnetic pennies.
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 Posted 05/29/2014  10:16 pm  Show Profile   Bookmark this reply Add maddog to your friends list

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 Posted 06/01/2014  9:37 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list
Yes. The P mark indicates it is supposed to be plated steel.
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 Posted 06/01/2014  9:47 pm  Show Profile   Bookmark this reply Add john100 to your friends list
There is two more of these cents in the upcoming Canadian Coin and Currency auction.
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 Posted 06/01/2014  11:55 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list
A little birdie at Coin Expo told me that someone was sitting on about 50 or so 2005P non-magnetic coin sets.... I am sure glad I did not drop $20K to acquire one...

(as an aside: I just picked up a nice red 1954 NSF ICCS PL-66 this past weekend - a much better purchase, in my opinion)
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

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Canada
1074 Posts
 Posted 09/02/2014  12:45 am  Show Profile   Bookmark this reply Add Vancouver IslandCoinKid to your friends list
hey there, maddog yes when there is a p under the queen it should state that it is copper plated steel, steel is magnetic and it is in the core of the coin. sometimes zinc planchets made it way into the die.
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