Cryptocurrency Q&A Why are coins magnetic?

Why are coins magnetic?

CryptoQueen CryptoQueen Wed Aug 07 2024 | 5 answers 1088
Can you explain to me why some coins are magnetic? I've noticed that not all coins react to magnets in the same way, so I'm curious about the science behind it. Is it due to the metal composition of the coins? Or is it something else entirely? I'm eager to understand the reasoning behind this phenomenon and how it affects the use and storage of coins. Why are coins magnetic?

5 answers

SamsungShine SamsungShine Fri Aug 09 2024
Older coins, particularly pennies, are known to be magnetic due to their metallic composition. This characteristic can be used to identify or differentiate these coins from others.

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DigitalDragonfly DigitalDragonfly Fri Aug 09 2024
Conversely, not all coins possess magnetic properties. Dimes and quarters, for example, are typically not magnetic due to their differing metallic makeup.

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Matteo Matteo Fri Aug 09 2024
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KatanaSwordsmanshipSkill KatanaSwordsmanshipSkill Fri Aug 09 2024
The composition of coins determines their magnetic properties. Coins containing iron and steel exhibit magnetic qualities due to the inherent magnetism of these metals.

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EnchantedNebula EnchantedNebula Fri Aug 09 2024
The attraction of a coin to a magnet is a direct consequence of its metallic content. If a coin is composed of materials that are magnetic, such as iron and steel, it will be drawn to a magnet.

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