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Magnetic 1960 5 Centavo coin. Copper-Nickel?
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<p>[QUOTE="Iceclimbers1, post: 1215702, member: 31874"]I Bought a lot of world coins and, seperately, a lot of mostly silver world coins (though not all were silver). In the lot of mostly silver coins, there was this copper-nickel-looking 5 centavo coin. I thought nothing of it, then when I went through my world coins I found an identical looking coin from 1964, except that this one was clearly bronze. Also, to help pick out the non-silver coins, I waved a chunk of neodymium over the lot and the copper-nickel one was loosely attracted to the magnet, whereas the bronze one was not. I went to a couple coin catalog sites that I know of, but they insist that 5 centavo coins from 1954 through 1969 were bronze coins. the nickel 5 centavo coin is holed, so I first considered that perhaps it was just a novelty piece, but comparing the two with a 10x loupe, I can not find any differences. I ran a couple searches and did find that someone was asking about a copper-nickel 1960 5 centavo. The "expert" that responded said that they can easily worth 100$ and can be worth upwards of $300-$400 depending on condition.</p><p><br /></p><p>So first of, is this the real deal? Secondly, why is it magnetic when most 75% Cu 25% Ni coins are not magnetic, unless this has a greater percentage of nickel? And lastly, what is it worth, given it's condition?</p><p><br /></p><p>[ATTACH]128902.vB[/ATTACH]</p><p>[ATTACH]128903.vB[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Iceclimbers1, post: 1215702, member: 31874"]I Bought a lot of world coins and, seperately, a lot of mostly silver world coins (though not all were silver). In the lot of mostly silver coins, there was this copper-nickel-looking 5 centavo coin. I thought nothing of it, then when I went through my world coins I found an identical looking coin from 1964, except that this one was clearly bronze. Also, to help pick out the non-silver coins, I waved a chunk of neodymium over the lot and the copper-nickel one was loosely attracted to the magnet, whereas the bronze one was not. I went to a couple coin catalog sites that I know of, but they insist that 5 centavo coins from 1954 through 1969 were bronze coins. the nickel 5 centavo coin is holed, so I first considered that perhaps it was just a novelty piece, but comparing the two with a 10x loupe, I can not find any differences. I ran a couple searches and did find that someone was asking about a copper-nickel 1960 5 centavo. The "expert" that responded said that they can easily worth 100$ and can be worth upwards of $300-$400 depending on condition. So first of, is this the real deal? Secondly, why is it magnetic when most 75% Cu 25% Ni coins are not magnetic, unless this has a greater percentage of nickel? And lastly, what is it worth, given it's condition? [ATTACH]128902.vB[/ATTACH] [ATTACH]128903.vB[/ATTACH][/QUOTE]
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Magnetic 1960 5 Centavo coin. Copper-Nickel?
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