I am curious as to if a magnet is placed under a spinning coil of copper, will it generate electricity?
                           (0) -spinning coil
                      
                            I  - magnet
			
			
			
				
Yes, it will.  Flux is still "cut through" the windings of the coil and that is what matters. 
In extrem cases like using a rotary flat coil (like pancake shape) the induction would definitely be of a low effect though.
What are you thinking of?  ;)
			
			
			
				intresting 
how were you thinking of turning the copper windings? i can come up with many ideas for a setup like this ;)
isteam!!
			
			
			
				I was thinking that the wheel could catch wind to spin, along with a 'perpetual unbalancer'. I know the unbalancer will eventually find a balace but the coil will be easier to spin with just wind and that. So there would be a bunch of flaps around this coil and a big sheet metal shape used to funnel any wind from any direction into a tube that should give the coil a little push.