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Free Metal Detecting Tips

Ground Balance
Author: Internet Tip
The Minelab Sovereign is worlds apart from a Fisher CZ or White's XLT first off both of these units use ground balance to filter out the ground signal. This is key when you filter out the bad you always filter out some of the good to put it simply. The Sovereign does not filter at all. In a traditional senseit Ground ID's and compares a ground signal with a target vs. a ground signal without a target. Because the Sovereign is using 17 frequencies to look through the ground, not only is it more accurate because it looks at the target 17 timesin a sense. It is a proven fact that different frequencies travel through different material at different rate of speed and intensity andtherefore affects depth penetration. If the ground you are hunting is hot on 12 Khz. then a Tesoro detector will do real well as will theSovereign because it hunts with a 12Khz signal, but the CZ and XLT will have trouble getting the depth because they do not have a 12kHZfrequency Now if the ground likes 4.5KHZ then the XLT or CZ7 will hit hard at better depth but so will the Sovereign because it also huntswith 4.5Khz., and so on and so on. See where we are going with this line... Now consider this, The Sovereign gives you a negative signal over 99% of all iron (only being fooled 1%) and in 99% of the time overiron, the Sovereign will report a Non-ferrous item in close proximity with that of a iron target and read it true every time. It does it likethis: it looks for the ground signal, then looks for the iron signal and then it looks for the Non-ferrous signal. If it sees the ground signaland no iron or Non-ferrous signal it reports nothing. If it sees the ground signal and an iron signal and no Non-ferrous signal it reportsonly the iron signal as a negative target "low gritty sound" through threshold. If it sees the ground signal, no iron and a Non-ferrous signal,it will report the Non-ferrous signal based on your discrimination setting. Now if it sees the ground signal and a iron signal it will look for a Non ferrous signal before reporting the iron signal if it sees the Non-ferrous signal with the iron signal it breaks out the Non-ferrous signal and reports the target based on your discrimination setting. This is called Iron Mask and when you see it at work you will never, and let me repeat that you will never go back to a XLT or CZ. I have hadcustomers completely search a yard with the XLT, forward backwards and diagonally, and get everything they could get out of the yard,then take the Sovereign into the same yard and recover more targets. a lot of the times the target is close proximity to a nail or other iron target. A dealer for Fisher, (and I mean a Fisher Dealer and Die Hard Fisher User) picks up a Sovereign XS in a field that was known to be littered with nails and other iron trash and hunted the field marking targets and how they read on a Sun Ray meter. They then came back and tradedit for the CZ and again hunted the same field this time the CZ found more targets and ID them as good targets. It could not see one of thetargets that the Sovereign did. Then this dealer went out and dug up all the items, all the items that the Sovereign read coins it ended up being a coin and in addition no iron was ID as good targets. The CZ could not make the same claim, it did not recover any more coins, but awhole lot more iron trash that read good. The target that the Sovereign ended taking the day on that the CZ did not ID was a 1903 SilverCanada nickel which is smaller than a US dime. It was recovered at a depth of 10" I rest my case.
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I'll never forget the first time I swung a metal detector and it BEEPED! I dug up my treasure and I held that shiny circle of metal in my hand--a quarter!! Wow! A whole twenty-five cents! Since then I have treasured hunted all over the world. This site has info on metal detecting chat rooms and hopefully anything else you need to know about metal detecting, treasure hunting, and finding gold!

Good luck!

 

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Why You Need To Buy and Sell Gold Coins (Part 4)
Author: steve renner
Throughout history, many coin collections have produced substantial long-term profits for their owners. This is particularly true for coin collectors of this century. Indeed, Harold Bareford reportedly purchased a collection of U.S. gold coins for $13,832 in the early 1950s which was resold at auction in 1978 for $1.2 million. A more substantial collector, Louis Eliasberg, built a collection that cost about $300,000. In 1982, it brought $12.4 million at auction.

This investment performance has been well documented by sources as diverse as The Wall Street Journal, Consumer Reports and a host of industry periodicals and guidesheets. What these reports have shown is that carefully selected portfolios of rare coins have had a high rate of long-term appreciation.

Of course, past performance is no guarantee of future results and investments in rare coins do involve risk. While the market performance of different coins varies substantially and no representation can be made that an individual investor's portfolio will enjoy results similar to those that have been documented in the various independent reports and surveys, those reports and surveys illustrate the impressive returns that carefully selected rare U.S. coins can produce.

Tax Benefits

Capital gains on coins can only be taxed at liquidation, when the profits are actually realized. There is no taxation on phantom or undistributed profits as there are with some investments. And unlike most other investments, there is no federal income tax liability on so-called "wash sales" or like-kind exchanges which enable investors to trade their rare coins for other rare coins of equal or greater value

Intrinsic Value

Unlike paper investments, rare U.S. coins have real tangible value you can feel each time you hold one in your hand. Therefore, they offer two ways to build wealth. Carefully selected coins truly offer the best of bullion and numismatics in one investment. They contain the intrinsic security of bullion and can also offer extraordinary profit potential regardless of what precious metal spot prices do. Still, precious metal content is only a relatively small factor in determining the value of many rare U.S. coins whose value is almost solely based on condition, demand and rarity

Historically Significant Beauty

Rare U.S. coins are a part of our history--direct links to America's rich heritage--as timeless and valuable as history itself. For two centuries, U.S. coins have been symbols of American stability, as well as reflections of national pride. Throughout our nation's history, coins have spotlighted our national heroes, paid tribute to our great achievements and commemorated significant events. These truly historic works of art commemorate past sacrifices made in the name of freedom.

Rare U.S. coins acquaint investors with historical figures and events, no matter how far removed by time. The satisfaction of actually owning a piece of history from a bygone era makes investing in rare U.S. coins truly unique. Each coin has traveled a different path through history. As a result, each is a unique embodiment of the hopes and dreams of our founding fathers

Condition

The overwhelming majority of U.S. coins ever minted were circulated. Many coins were lost through attrition and others were damaged by use, thus eliminating any potential for numismatic value. The few surviving uncirculated coins are in a much more pristine condition.

Investment quality coins are primarily those coins rated in the 11 uncirculated grades, 60 and above, on the American Numismatic Association's 70 point grading scale. A coin's grade is a measure of its condition or state of preservation. The higher the grade, the better the condition.

Uncirculated coins fall into two broad categories: Proof (PF or PR) and Mint State (MS). Mint State coins were originally meant for circulation but never were circulated, so they remain in the same condition today as when they were minted. Proof coins were never meant for circulation, thus they received very careful handling and were specially struck at least twice on highly polished planchets.

The beauty of a coin can attract collectors as well as investors, and hence increase demand for a particular coin or set. This increased demand can result in rising values. Eye appeal is affected by several factors including the beauty of a coin's design, the minting process used, the fullness and sharpness of its strike, the toning, the brilliance of its luster and the amount of wear and number of blemishes on the coin's surface

Portfolios or Collections?

The age-old description of coin collecting as the "Hobby of Kings" is both accurate and misleading... accurate in conveying the outdated perception that coin collecting is restricted only to the very wealthy, misleading in that the number of collectors has steadily increased and has been estimated by the American Numismatic Association to include as many as 7-10 million coin buyers in the United States alone. Typically, the coin collector collects coins for their rarity and historical value. Collectors view their coins as rare art and as the tangible remnants of the cultural and economic forces that created them.

The investor begins from a different starting point--the fact that coins of proven rarity have shown remarkably high rates of appreciation. He sees the economic results of the pleasures of collecting and makes his original purchases with profits as his only motive.

However, we have found that the line between those of our clients that are collectors and those that are investors has become increasingly blurred. Collectors can't help but be pleased when coins that they sell bring an attractive profit. Investors begin to see their coins as works of art and become knowledgeable about the circumstances of their minting and the era in which they were circulated.

Both collector and investor come to realize that their intellectual curiosity, aesthetic sensibilities and enjoyment in our country's past can be used to create a collection that becomes an important store of value, a way to accumulate wealth that can be passed on to future generations--or used to fund their own retirements.


About the Author

Steve is the ceo of cashcards-goldlynks rare/gold coin club he was the best isp in 1997 check out his about us page at http://goldlynks.tripod.com this article is free for distribution you can sign up for a free email course on buying and selling rare/gold coins for profit by sending email to goldcoinsinfo@yahoo.com membership of the coins club is free to join at http://goldlynks.tripod.com


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