Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors Shop for APMEX Bullion on eBay!Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Found My Magnet: In My Loose Change "Jar"

To participate in the forum you must log in or register.
Author Previous TopicReplies: 6 / Views: 1,267Next Topic  
Pillar of the Community
austrokiwi's Avatar
2087 Posts
 Posted 11/01/2016  02:30 am Show Profile   Bookmark this topic Add austrokiwi to your friends list Get a Link to this Message Number of Subscribers
I had misplaced the magnet I use for testing silver coins. Today I found it in my spare change.....bit of a shock as I found it in a clump of "copper" , and mostly Euro, coins . Of course the magnet was the reason for the clumping. I had no idea modern copper coins had so much ferrous metal in them( there were even some modern New Zealand copper colored coins in the "magnet" lump) Shows how much( not) I take notice of what is in my pocket!
Pillar of the Community
Belgium
651 Posts
 Posted 11/01/2016  10:50 am  Show Profile   Bookmark this reply Add bart to your friends list Get a Link to this Reply
Many of the modern copper-looking coins consist of copper-plated steel, so they would stuck to a magnet.
Moderator
Learn More...
Sap's Avatar
Australia
16827 Posts
 Posted 11/01/2016  8:50 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Most modern coins around the world these days are plated steel. Practically no-one makes solid copper/bronze coins; the Japanese 10 yen is just about the only one left that I can think of.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Pillar of the Community
austrokiwi's Avatar
2087 Posts
 Posted 11/02/2016  12:50 am  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply
I really had no idea small change had become so cheap. At some stage I am sure some country will take the "leap" and produce small change in a substance that really reflects their attitude and accurately reflect the true worth of the coins; that substance being plastic
Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 11/02/2016  06:43 am  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
The 1, 2 and 5 cent coins of the Euro are copper plated steel. I'm surprised they still use steel, I would have expected copper plated zinc as it's cheaper. Countries like Finland and The Netherlands actually don't even produce coins of 1 and 2 cent anymore (except for sets) as it's too expensive to produce and use. So yes, some countries are already showing their 'attitude' here.

10, 20 and 50 cent should be made of Nordic gold, which should contain 89% copper, 5% zinc, 5% aluminum and 1% tin. These shouldn't be magnetic at all.

Coins of 1 and 2 euro should be magnetic up to some point, as they are partially consisting of nickel, a ferromagnetic metal.

If you want modern 'plastic' coins, then I suggest that you have a look at what Transnistria has to offer. Transnistria is a communist Soviet breakaway republic in Moldova, supported and actively backed by the Russians. They claim to be the first country to have issued coins made of composite (plastic) materials. Do note that their currency is almost worthless in their tiny spot of the world and completely worthless outside it.

Otherwise, German Notgeld had a lot of interesting materials used for coins, including Bakelite, the predecessor of modern-day plastic.
Pillar of the Community
austrokiwi's Avatar
2087 Posts
 Posted 11/02/2016  09:09 am  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply
plastic coins and porcelain notgeld just aren't my thing
Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 11/02/2016  5:40 pm  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
I keep a bunch as I do find Notgeld fascinating. I also have a set as a souvenir from my trip to Transnistria. Otherwise I agree with you: it just doesn't have the right look and feel compared to metal money!
  Previous TopicReplies: 6 / Views: 1,267Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.23 seconds to rattle this change. Forums