Hi,
I have been searching for the last two months to find the best Metal Detector for the money and it has not been easy.
Let me explain why. First off, I collect coins for a living. With this said, I have not found any pictures, maybe I missed some?, of any coins found with "Land" detectors in the United States worth anything but scrap.
Unless you send what you find in to be graded by either NGC, PCGS or Anacs, the coins are worthless and you cannot clean them because trust me, you will lose a lot of money because the grading companies can tell and will send the coins back to you without a grade in a holder stamped, "cleaned" and the coin is scrap.
So, unless I am missing something on all these metal detecting forums, the only coins worth anything that I see being found by any metal detector are the historic coins which in almost every case do not need to be cleaned because of the age of the gold or silver coin / historic value. It's like finding a shipwreck with millions of dollars worth of "antique" coins from history.
Ok, I respect all the people that have founds items within all the detecting forums but you need to understand where I am coming from. The way I see it, the only fast way in today's world to make your money back after buying a land detector is to purchase a water detector and pray you find gold because the coins I have seen being dug in the U.S soil., i.e., pennies, qtr.'s, dimes, nickels, etc., are all worn and worthless to a collector.
This all brings me to my million dollar question for everyone. Why would anyone spend a lot of money buying a land detector if all you dig is scrap silver and copper? First off, no person gets $1,600 an ounce for Gold unless you find 22K and that is not going to happen unless you live in India. Secondly, Silver is trading at around $28 an ounce. Do you realize how many coins you need to find to recover your money selling silver scrap coins, hundreds if not thousands. So...someone please enlighten me because I am pushing more towards buying a water detector every day that passes. The problem is, I have not seen any new water detectors come out that are worth the price. Maybe I am missing something, you are the experts in this area, now is your time to shine.
Now, anyone with intelligent answers are welcome to post. What I am looking for is again, the best detector for the money and like I said above, after researching detectors and the types of them for many months, the only fast way to try and recover your cost is to buy a water detector for the beaches and diving.
Thank you for all the help...Happy Easter!