Neither the original copper or the newer version copper-zinc penny is magnetic. The 1943 steel penny was the only penny effected by a magnet.
The metals that compose a penny, zinc and copper, aren't magnetic.
You can tell if a penny is made out of zinc or copper by the date on the penny. If the date is before 1982 then the penny is 95% copper. Pennies dated 1983 or later are 97.5% zinc with a thin copper coating.
Copper pennies (95% copper, 5% zinc) weigh 3.11 grams. Modern zinc pennies (97.5% zinc, 2.5% copper) weigh 2.5 grams.
There is 97.5 percent zinc in a penny and 2.5 percent copper
zinc is 97.5% of the penny and copper is 2.5% of the penny
Zinc
Copper or zinc
Current pennies (since 1982) are copper-plated zinc, so the answer is it's covered in copper. The penny is 2.5% copper, and 97.5% zinc. See the related links for a history of penny composition over the years.
Midway through 1982, the composition of the US penny changed from 95% copper and 5% zinc to 97.5% zinc and 2.5% copper (in the form of a coating of pure copper over a core of zinc).
2.5% copper and 97.5% zinc.
1943 cents were made of steel, a magnetic metal, to conserve copper for the war effort. Other pennies are made of bronze or copper-plated zinc depending on their dates. Neither bronze nor zinc are susceptible to a magnet.