Can You Find Gold Coins Magnet Fishing?


Shiny gold coins under the water - magnet fishing

Have you ever tried magnet fishing? It’s a fun and unique hobby that has been gaining popularity in recent years. The idea behind magnet fishing is simple – you use a powerful magnet to search for metal objects in bodies of water. But can you find gold coins while magnet fishing? Let’s find out.

Yes, it is possible to find gold coins while magnet fishing, but it is rare.

While gold is not magnetic, some coins made of gold contain other metals that are magnetic. For example, many gold coins contain small amounts of copper, which is magnetic. So while gold coins themselves may not be magnetic, they can still be detected by a powerful magnet.

However, the chances of finding a gold coin while magnet fishing are quite low. This is because gold coins are relatively rare, and even if you do come across one, it may not be in good condition. Gold is a soft metal that can be easily damaged, so any gold coin that has been in the water for a long time is likely to be corroded or otherwise damaged.

That being said, there have been cases where people have found gold coins while magnet fishing. In 2020, a man in the UK found a gold coin from the 1500s while magnet fishing in a canal. The coin was in good condition and was estimated to be worth around £1,500 (approximately $2,100 USD).

So while it is possible to find gold coins while magnet fishing, it is not something that happens often. If you do happen to find a gold coin, it is important to handle it carefully and have it appraised to determine its value.

Now, you may be wondering what other types of metal objects you can find while magnet fishing. The answer is – just about anything! Some common finds include coins (not necessarily gold), nails, bolts, fishing lures, and even bicycles and shopping carts. Magnet fishing is a great way to explore local bodies of water and discover hidden treasures.

If you’re interested in trying magnet fishing for yourself, there are a few things you should keep in mind. First, it’s important to check your local laws and regulations to make sure magnet fishing is allowed in your area. Some areas may have restrictions or require permits.

You’ll also need to invest in a strong magnet specifically designed for magnet fishing. Neodymium magnets are the most popular choice among magnet fishers, as they are incredibly strong and can pick up even heavy objects from the bottom of the water.

In addition to a strong magnet, you’ll also need some other equipment, such as a sturdy rope or cord and gloves to protect your hands. It’s important to be careful when handling metal objects, as they can be sharp or rusty.

In conclusion, while it is possible to find gold coins while magnet fishing, it is not something that happens often. Gold coins are relatively rare, and even if you do come across one, it may not be in good condition. However, magnet fishing is still a fun and exciting hobby that can lead to all sorts of interesting finds. Just remember to be safe and check your local regulations before you start!

Recent Posts