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Replies: 14 / Views: 1,751 |
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Valued Member
Australia
143 Posts |
Hi everybody, Greetings of the day, Yesterday I bought 1986-P USA Jefferson nickel from and coin shop with strange feature!!! As you will see in attached images, obverse of the coin is normal, but it has no reverse, infact it has a hole on the reverse and more strange it is made of steel and it sticks to a magnet!!!? It's weight is 2.33 grams. I would like to have your opinions about this coin and please let me know should I send it for grading or not? With regards, Habib.     
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Bedrock of the Community
Canada
21606 Posts |
The reverse of your nickel has been milled out, perhaps to make a Magicians coin. It is considered damage and adds no value. It is also not made of steel but a nickel alloy. Nickel is magnetic.
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Pillar of the Community
 United States
4618 Posts |
 It has been hollowed out as a Magician's coin. These are sometimes used for sleight-of-hand illusions and tricks. Usually a second coin is milled down to fit inside the larger coin.
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! 
Edited by Yokozuna 07/24/2022 09:06 am
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Bedrock of the Community
United States
94367 Posts |
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Valued Member
 Australia
143 Posts |
Thanks for all your quick reply.
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Bedrock of the Community
United States
19152 Posts |
Agree with all above. Very cool.
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Moderator
 United States
95806 Posts |
Magicians coin for sure, but why does the inside look rusty? a copper/nickel alloy should not rust.
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Valued Member
 Australia
143 Posts |
Hi everybody, This was my main question about this coin. Jefferson nickel never sticks to a magnet despite having %25 nickel, but this coin sticks strongly to a magnet and as you mentioned, inside the coin is rusted and I think this feature is very similar to property of steel. I am going to check the metal composition of this coin and if I get any result rather than Ni, then I will share it with you. With regards, Habib.
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Pillar of the Community
United States
3402 Posts |
Would any type of plating rust and be magnetic?
KK
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Valued Member
 Australia
143 Posts |
Hi everybody, I was able to do metal composition analysis of this magic Jefferson nickel and result show that it is Iron!!! Therefore it is absorbed by magnet. In the attached images, you will see the metal composition of normal Jefferson coin as well as this magic coin. The weight of this hollow coin is 2.33 grams which is much more than nickel weight in normal Jefferson nickel. I am waiting for your kind suggestions. With regards, Habib.  
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Pillar of the Community
United States
1657 Posts |
That is the way some of these Magician's coins are made, they have a steel insert.
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Pillar of the Community
 United States
5772 Posts |
I'm guessing the steel insert increases the number of magic tricks that can be performed using a magnet.
EDIT: Possible levitation tricks or "moving the coin" tricks. (Up a wall for instance?)
Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow.
Edited by Petespockets55 07/29/2022 07:13 am
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Valued Member
 Australia
143 Posts |
Thank you for your kind replies, but nothing has been inserted inside the coin and it is a sold metal!
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Pillar of the Community
 United States
5772 Posts |
It certainly looks like rust towards the center of the recess. Nickel won't rust like that.
If you look closely inside and around the perimeter you may see a joint where the metal insert butts up to the edge of the recessed area.
Or maybe this is a counterfeit with iron in it, since it weighs more than a normal whole coin.
Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow.
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Pillar of the Community
United States
1657 Posts |
It definitely does have a steel insert. I have seen these before and even tore one apart once. The steel insert is pressed in. You have an altered coin, nothing more.
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Replies: 14 / Views: 1,751 |
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