Originally posted by Mike Sulzer
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In electromagnetics, all things that are possible are required, and all will happen to some degree. In most practical situations , only a few of the many possible effects are large enough to matter, and it is these few effects that each practical design concentrates on.
In guitar pickups, eddy currents in the very thin wire used for winding are not important, but eddy currents in nearby pieces of metal (like magnets, slugs, baseplates, and covers) are quite important.
So the AC resistance of a pickup coil is due to energy losses caused by eddy currents in that nearby metal, and is not due to eddy currents in the wire (which does however contribute its DC resistance).
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