Canada did not use steel in the 1934 nickel, yet mine strongly sticks to a magnet. 1934 is by no means a key date and it looks every bit as authentic. The 1934 nickel was made out of 100% nickel, yet mine sticks to a magnet. The attraction is too strong for it to be a mere plating. So either 3 things are going on here. 1. I have a modern counterfeit. However the 1934 Canadian Nickel bears no premium, so I doubt this. 2. I have a contemporary counterfeit, but it would be pure silliness to counterfeit a nickel. 3. I have a coin struck on the wrong planchet.
Since nickel is magnetic (though not as strong an attraction as steel), I think you have a common 1934 Canadian nickel.
100% nickel is magnetic. This also applies to cobalt as well as some other rare earth elements. Nickel copper coins or any form of nickel alloy however is not. Nickel back in those days were cheap as well as a good choice to strike coins as they wear out longer than copper. And should we be charging you 19.95 for putting our opinions down? Of course this will be ignored.
4. You have a common 1934 Canada five cent piece, and were too lazy/ignorant to search on Google whether nickel has magnetic properties. I would hate to have been one of your "clients" paying $19.95 for your coin authentication/valuation service just to have you tell me I have a counterfeit 1925 Canada 5 cent piece because it stuck to a magnet.
You were charging people $19.95 for a 'valuation' service and you didn't know nickel is magnetic? Jeez.
0.o really?? why not just look up "is a 1934 canadian nickel magnetic?"?? take two seconds. but wait, you wouldn't do that, cause' you already knew. you just wanted to see how we reacted. let me cross your bridge!
With the exception of the 42-45 war years that used tombac and plate, ALL nickels from 1922-1950 were nickel and all are magnetic, as was the 1951 commemorative. Plated again from 1953&4, and then nickel (pure is always magnetic) again from '55-'64. I never knew a collector who wasn't aware that pure nickel was magnetic ... it must make for many "man, look what I got" moments.