GEEK ATTACK! WHAT EXACTLY IS MAGNETO'S POWER?

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GEEK ATTACK!

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WHAT EXACTLY IS MAGNETO'S POWER?

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Let us play a game or ALL the time's Magneto has been able to affect non-Ferris Metals. (Metals that are non-magnetic)
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Or the much easier version,
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Let us play a game of ALL the times Magneto has NOT been able to affect non-Ferris Metals. (Metals that are non-magnetic.)
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Errr ‘0’
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Has never happened!
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None!
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Zero.
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Conclusion,
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Iron Man is Totaly Screwed!

(and not in a good way!)

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I have no problem with Iron Man beating Magneto as long as the science “As expressed in the Marvel Universe” is consistent and makes sense!
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And even if the answer to the above is "Nano Tubes" then that still does not explain coins?
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It still does not excuse Magneto ability to affect a normal non-Ferris coin, 

I am pretty DAM sure coins are not made of nanotubes!
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To be honest I not really that bothered about 

"Who would beat who"
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But I am very annoyed about the ignoring of the Marvel laws of physics,
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RE: Ferris and Non-Ferris metals and Magneto's ability to affect them.
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They have him picking up coins!
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When is the last time you managed to pick up a coin with a magnet?
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Never, that's when!
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It is a huge ignored plot loophole!
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If Magneto’s powers are not based on magnetism, THEN they need to clarify that and explain more clearly exactly what Magneto’s powers are and the nature of the limitations!
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