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Aluminum Bullion

March 1st, 2009 admin

What kind of metal are used to make a money coin?

Is iron the only metal that can be magnetized?
Please answer my two questions. Thanks! :-)

First, iron is not the only metal that can be magnetized. The other two elements that are strongly magnetic at room temperature are nickel and cobalt, although there are other alloys that are as well.

As far as coins go, by far the most common metal used is copper. In the case of US coins, the "nickel" is actually 75% copper, with the rest being nickel. The dime, quarter, and half dollar all use this same mix for their outer layers--the core of the coin is pure copper.

Manganese is used in some coins, but not, AFAIK, as the main element

Aluminum is used in some coins, as is steel.

For "bullion" coins (coins that are used as a way to keep precious metal), silver and gold are the most common. Platinum is used for some bullion coins.

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