Not only is this an over-priced magnet, but it's also highly unreliable as many fakes are not magnetic. http://www.ebay.com/itm/1-New-FAKE-...129?pt=LH_DefaultDomain_0&hash=item4ab3aad891 I don't think many coin collectors believe in magic.
Wow! That guy has been selling those left and right for $9.99 to $19.99! He even sells rare earth magnets to detect fakes. haha Then he has been cleaning up selling 5 gr "fine silver" looks like a pile of solder. $10 retail value. Thats 5 grains not grams. Something like $.36 worth of silver? haha Look at the guys feedback http://feedback.ebay.com/ws/eBayISA...sspagename=VIP:feedback&ftab=FeedbackAsSeller I cant understand how people can be that ignorant. I swear if I was a crook I would be rich. Crazy!
I guess you just have to realize the human race simply has the potential for intellegence, it is not guarateed.
Not to mention that there were many iron minors minted in the past, and quite a few modern coins are clad steel.
