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strange coin find while going through my clad any ideas?

spellman

Member
I was going through my clad coin finds with a magnet to pull out any foreign coins that might be magnetic. I got a 25 cent Philippines coin. And I also picked up a 1972 s us penny. Anyone have any idea why ive got a magnetic 1972s penny. It looks normal but its not . It weighs 2 grains more than a normal penny witch isn't much . Just wanted to see if anyone had any ideas. Thanks
 
Years ago there was a Magic Coin trick Piece made. The penny used was a look a like and was magnetic. The penny was placed in a small box like container. It was attracted to a magnet. Gave the appearance it disappeared when the box was opened after the penny was inserted..... Sorta like a match box for wooden matches was the size of the box....
 
I am inclined to go with the magic coin theory...sounds logical, and every dime store had these things back when...

HH,
 
In 1943 Pennies were made of steel, a few were made in 1944, ,,... If you have a 1972 steel it could be a mistake and worth something.. DIG into it, research is the key
 
One other possibility is that it is a genuine US cent was struck on the wrong planchett. The US mint used to mint coins for other countries (maybe they still do), and maybe a magnetic (nickel or plated steel) blank got mixed in when they were striking cents.
 
interesting. NICE 1
 
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