Written by the TreasureGuide for the exclusive use of the Treasure Beaches Report.
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| Source: See coin news link below. |
As you can see, pennies and nickels cost more to put into circulation than their face value, while the other coins cost less. The cost of the metals is the biggest factor.
Lincoln cents have a composition of 2.5% copper with the balance zinc. Five-cent coins are minted in 25% nickel with the balance copper. Dimes, quarters, and half dollars are each composed in 8.33% nickel with their balance copper.
Here is that link.
Penny Costs 2.72 Cents to Make in 2022 | CoinNews
---on a daily basis, the prices of these two metals only move in the same direction about 70 percent of the time. Even when the prices do move in the same direction, they often do not change close to parallel percentages...
Gold: Gold’s dominant usage is as a monetary and investment metal. Even much of the jewelry purchased in jewelry form, especially in Asian nations, is acquired as a store of wealth rather than for wearing...
Silver: According to the Silver Institute’s report on 2022 silver supply and demand, industrial production accounted for almost 45 percent of total demand, physical investment accounted for another 27 percent, jewelry for almost 20 percent, silverware for 6 percent and photography for just over 2 percent. Thus, monetary and investment demand do not drive silver’s price. In recent years, there has been a substantial increase in the use of silver for its anti-bacterial properties on top of already wide electrical conductivity usage. Silver is also widely used in environmentally friendly applications such as solar panels...\
Here is the link for more about that.
Gold and Silver Market Differences - Numismatic News
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I think most people these days use a motion-mode when they metal detect. And many of the most popular metal detectors are made to be used that way. They provide some form of target ID. Over the years I've used a non-motion or pinpoint mode much more than a discrimination mode.
In recent years I mostly used the motion mode with my Equinox largely because I had back problems and wanted to save my back by minimizing the amount of digging I did. My back is doing well lately, and I've gone back to using much more pinpoint mode.
Some of the metal detectors I've used over the years, including my all-time favorite metal detectors did not provide any type of target ID, however from the sound of the signal I could tell a lot about the target from the auditory signal alone. The signal provided enough information to identify most iron targets, and the probable size and depth of the target as well as some information about target's shape.
On my last outing I used the Equinox in pinpoint mode. If you haven't done it a lot, it might not seem like a good idea, especially in the wet salt sand. You'll hear a lot of noise, but it isn't really all noise. One thing you will hear is more of the ground mineralization, including black sand and salt mineralization. As disturbing as that might seem if you are not accustomed to it, you can still tell the difference between the sound of mineralization and actual metal targets. It does require some practice though.
At first you will find the Equinox, and some other detectors, to be very noisy on the wet beach. I don't know exactly how long it takes for the non-motion mode to "settle down", but it isn't real long. I'd say maybe a minute or maybe two or three minutes.
At first it might seem almost impossible, and you might not like all the noise you hear, but when there are few targets and you really don't want to miss anything, you might give it a try. There will be a learning curve, and it will probably take a good bit of time to become accustomed to working in non-motion mode if you haven't done it much before. Like I said, you will hear the salt mineralization and black sand etc., but you will learn to tell the difference between that kind of noise and real metal objects. Big deep targets (bigger than coins) are more difficult to distinguish from ground mineralization, but smaller targets can be picked out, even in heavy black sand. It takes practice.
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French Historian: World War III Has Already Begun – Summit News
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As you can see,, the tides will be nice and big, and we'll have some good negative low tides. The surf, however, will be less than three feet.
Good hunting,
Treasureguide@comcast.net