Canadian Magnetic Coins?

Magnetic Coins?

I metal detect a lot and found something VERY corroded about the same size as a Jefferson nickel. It sticks to a magnet. It would be worthless if it were a coin, but I am curious about my find. Do coins corrode like that in the ground? Are there any that are magnetic?

 

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Yes, dug coins, tokens, and other metal objects, are often corroded.
The 1943 cent, would stick to a magnet.

 

One other possibility is buttons. They are often magnetic.

 

Perhaps a foreign coin, also. I think there's quite a few that would stick to a magnet.

 

i have to agree with Jody on this

the 1943 lincoln cent (not a penny!!!) is the only U.S. coin that would stick to a magnet (to my knowledge) Check the design elements

as for thesize of a nickel, the width is probably way off, but the diameter sure is similar

 

and they're often found corroded (rust)

 

There are some older coins, such as some of the Japanese 18th-early 19th century cash coins, cast in iron, and quite a few modern steel coins from a number of different countries.

 

hi satootoko,

you asked me if I have any 40's japanese coins for sale or trade. I have a few 40's japanese coins, but I dont think Ill be selling them any time soon (my dad gave me them)

 

During the war while we changed our nickels to a silver content, Canada went to plated steel. Modern Canadian coins will also stick to a magnet.