Wednesday

Make Money with a Metal Detector


With a lot of patience (60 to 80 percent of what you find will be trash) and a little luck (just one find could make your dreams come true) this hobby of looking for lost items could serve as a money maker. A buddy and I went out last summer with his metal detector and while we didn’t find any lost treasure we had a good time and are planning on going again.

After deciding what you want to search for (jewelry, gold, silver) and where (land or water) you will have a better idea of the type of a detector to buy and how much to spend. Once you have learned how to use it you can begin searching at the beach, parks, fairgrounds, parking lots, ball fields (make sure to search under the bleachers), the grassy strip between the sidewalk and the curb, church yards, vacant lots, cemeteries, really almost anywhere people have gathered. Try searching after a heavy rain as the wet ground has more connectivity and it is easier to dig. Of course if it is private property make sure to ask the owner for permission. It also helps to know the local laws regarding metal detecting.

Some people have placed ads online offering to search for lost items for a reward if the item can be found. It might be a good idea to join a club to learn from those with more experience. If you find something substantial you can take the item to a jewelry or coin shop to find out what it’s worth. Following are some helpful sites to help get you started. Good luck!

Metal Detector Reviews – This site is a good starting point when trying to decide what kind of a detector to buy. It features user reviews of many different types of metal detectors broken down by manufacturer and price. They also offer search tips and a list of over 100 places to look for your loot.

Go Metal Detecting – This excellent site offers searching and cleaning tips, tutorials, treasure stories, a forum and a link list of detecting clubs.

Related Reading:

Bucks Guide to Making Side Cash

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