Silver Searcher said:
Letsgethammered said:
Oh i dont doubt people passion for the hobby , ive seen it first hand.I got my first detector 30 years ago.Ive detected in the UK and the US and yet to meet a person who has covered the initial outlay with finds , congratulations , your the first.
Strange I've yet to meet anyone in the UK who hasn't covered his initial outlay, apart from the ones that have not sold anything, my Goldmax paid for it self in the first three months, and has done so now several times over
SS
I also find that strange as i lived in the UK for 30 years up until just recently.Perhaps England being more densely populated theres more to find.
Its a tricky area as there are so many protected sites being detected on, i seen comments about night vision goggles on a thread recently , one has to wonder why.
My point was , to each thier own , if one thinks this or that way is a better way of accumulating the treasure without the ring pulls and sore legs there are options.
In my own experience i find it is much easier to "cherrypick" coins on various auction sites.Some i keep and some i sell on , i dont limit myself to US or UK auctions nor do i just do ebay , theres lots of auctions and BST's on forums.
In 2007 i laid out just over $1000 on various bits and pieces , coins and bullion.Happily gold and silver skyrocketed shortly after which in turn allowed me to sell some and buy even more , i began buying coins , granted ive been somewhat "lucky" at times winning coins at ridiculously low prices or the seller not aware of mintmarks and key dates , quite a commen occurance.
I invested in a couple of reference books to identify the real money makers and have discovered one or two techniques which im hesitant to share as it works so well.
Cut to the chase , the $1000 initial outlay is now $8000 in 2010 and my tennies are cleaner than a whistle.Thats not a speculative number , ive kept records of every purchase and every sale with running totals and deductions for shipping.
I fully intend to let the 8k run into another year doing the same thing.Ive noticed one or two other sellers cottoned on doing the same thing , not dealers but always interesting items,made some good e friends and we even swap coins bewtween ourselfs to meet our particular market demands.
I maybe just had one too many fruitless days with a detector and find this works better , for me anyway.