Cryptocurrency Q&A
Is a magnetic coin worth anything?
Is a magnetic coin worth anything?
Valentina
Mon Oct 21 2024
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6 answers
1609
I have a magnetic coin and I'm wondering if it has any value. I'm not sure if it's a rare collector's item or just a novelty item. Can anyone tell me if a magnetic coin is worth anything?
6 answers
Alessandra
Wed Oct 23 2024
It is true that the US government produced nearly a billion steel cents in 1943, made from zinc-plated steel due to copper shortages during World War II.
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Giulia
Wed Oct 23 2024
These steel cents possess a unique characteristic, as they are all magnetic. This property sets them apart from traditional copper-nickel cents.
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Federica
Tue Oct 22 2024
The retail value of these steel cents varies significantly, depending on factors such as their mintmark and condition.
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CryptoAlchemist
Tue Oct 22 2024
Some steel cents, particularly those in exceptional condition or with rare mintmarks, can fetch prices as high as $10 or more.
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Tommaso
Tue Oct 22 2024
However, the majority of steel cents that are encountered will fall within a more modest price range, typically between 5 and 15 cents.
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