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Are Silver Coins Magnetic?

Are Silver Coins Magnetic?

By GovMint :

No. Pure silver coins are not magnetic. Pure silver, as well as most silver alloys used in coinage, does not exhibit magnetic properties, so if you hold a magnet to a silver coin, it should not be attracted to it. This characteristic can be a handy tool for collectors to help identify genuine silver coins, as magnetic coins might contain other metals or be counterfeit. However, it's important to note that some coins may have a silver coating over a magnetic core, so this test isn't foolproof for determining the authenticity of all coins.


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