Top 5 Best Metal Detector Under $500

There’s something undeniably cool about unearthing hidden treasures. Metal detecting can be a fun hobby, a way to connect with history, and even a source of unexpected income if you find something valuable. You don’t need to spend a fortune to get started; there are plenty of capable metal detectors available for under $500 that will help you find coins, jewelry, and relics.

This article will explore five of the best metal detectors you can buy right now without breaking the bank. We’ll look at their features, pros, and cons to help you choose the right one for your needs. Let’s dive in!

Product Overview / Quick Summary

  • Garrett ACE 400: Great all-around detector for beginners, featuring digital target ID and iron discrimination.
  • Bounty Hunter Tracker IV: An affordable and simple option perfect for kids and casual users.
  • Fisher F22: Lightweight and weatherproof, ideal for coin shooting and relic hunting in various conditions.
  • Teknetics Alpha 2000: Offers advanced features like pinpoint mode and adjustable sensitivity at a reasonable price.
  • Whites TreasureMaster: A versatile detector with multiple search modes and good depth detection.

Top 5 Best Metal Detectors Under $500

1. Garrett ACE 400

The Garrett ACE 400 is a popular choice for beginners because it strikes a great balance between features and ease of use. It features a digital target ID, which helps you identify what you’ve found before you dig, and enhanced iron discrimination to filter out unwanted trash signals. It is a solid machine that is known for performance at a reasonable price.

Pros:

  • ✅ Digital target ID helps identify targets before digging.
  • ✅ Enhanced iron discrimination reduces false signals from trash.
  • ✅ Adjustable frequency minimizes interference from other detectors.

Cons:

  • ❌ Not fully waterproof (control box is water-resistant only).
  • ❌ Can be a bit overwhelming for absolute beginners at first.
  • ❌ Pinpoint feature could be more precise.

Verdict: The Garrett ACE 400 is a solid all-around metal detector perfect for beginners who want a bit more performance than basic entry-level models. It’s a great choice for coin shooting, relic hunting, and general-purpose detecting.

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2. Bounty Hunter Tracker IV

The Bounty Hunter Tracker IV is an extremely affordable and easy-to-use metal detector. It’s a great option for kids, casual users, or anyone who wants a simple and straightforward metal detecting experience. It’s a no-frills machine that gets the job done.

Pros:

  • ✅ Very affordable and budget-friendly.
  • ✅ Simple and easy to use, with minimal controls.
  • ✅ Lightweight and comfortable to carry.

Cons:

  • ❌ Limited features and adjustability.
  • ❌ Not ideal for experienced users or serious treasure hunters.
  • ❌ Less accurate target identification than more advanced models.

Verdict: The Bounty Hunter Tracker IV is an excellent entry-level metal detector for those on a tight budget or who prefer simplicity. It’s perfect for casual use in parks and backyards.

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3. Fisher F22

The Fisher F22 is a lightweight and weatherproof metal detector designed for coin shooting and relic hunting. Its weatherproof design allows you to search in wet conditions without worry, and its simple controls make it easy to use for beginners. My friend uses one of these at the beach, and he loves it.

Pros:

  • ✅ Weatherproof design allows for detecting in wet conditions.
  • ✅ Lightweight and comfortable to use for extended periods.
  • ✅ Nine-segment target ID for better target discrimination.

Cons:

  • ❌ Depth detection can be limited in highly mineralized soil.
  • ❌ Not ideal for gold prospecting.
  • ❌ Some users find the audio tones difficult to distinguish.

Verdict: The Fisher F22 is a great choice for coin shooters and relic hunters who need a lightweight and weatherproof metal detector. It’s a reliable and versatile option for various detecting environments.

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4. Teknetics Alpha 2000

The Teknetics Alpha 2000 offers a range of advanced features at a reasonable price. It includes a pinpoint mode for precise target location, adjustable sensitivity to adapt to different soil conditions, and a digital target ID. It’s a step up from basic entry-level models.

Pros:

  • ✅ Pinpoint mode for accurate target location.
  • ✅ Adjustable sensitivity for different soil conditions.
  • ✅ Digital target ID with nine-segment discrimination.

Cons:

  • ❌ Build quality could be better.
  • ❌ Learning curve may be steeper for absolute beginners.
  • ❌ Battery life could be improved.

Verdict: The Teknetics Alpha 2000 is a good option for those who want more features and adjustability without spending a lot of money. It’s suitable for coin shooting, relic hunting, and general-purpose detecting.

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5. Whites TreasureMaster

The Whites TreasureMaster is a versatile metal detector with multiple search modes, including coin, jewelry, and all-metal modes. It offers good depth detection and target separation, making it suitable for various detecting environments. A lot of serious detectorists have this in their collection as a backup.

Pros:

  • ✅ Multiple search modes for different types of targets.
  • ✅ Good depth detection and target separation.
  • ✅ Adjustable sensitivity and discrimination settings.

Cons:

  • ❌ Can be a bit heavy compared to other models.
  • ❌ Interface may take some time to learn.
  • ❌ Not as effective in highly mineralized soil.

Verdict: The Whites TreasureMaster is a solid all-around metal detector that offers a good balance of features and performance. It’s a versatile option for coin shooting, relic hunting, and general-purpose detecting, making it suitable for both beginners and experienced users.

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Buying Guide

Choosing the right metal detector can feel overwhelming, but here are a few key things to consider:

  • Target Type: What are you hoping to find? Coins, jewelry, relics, or gold? Different detectors are better suited for different types of targets.
  • Experience Level: Are you a beginner or an experienced detectorist? Beginners will want a user-friendly detector with simple controls, while experienced users may prefer more advanced features and adjustability.
  • Terrain: Where will you be using the metal detector? Parks, beaches, fields, or forests? Consider the terrain and soil conditions, as some detectors perform better in certain environments than others.
  • Budget: How much are you willing to spend? Set a budget and stick to it. There are plenty of great metal detectors available for under $500.
  • Features: Look for features like digital target ID, pinpoint mode, adjustable sensitivity, and discrimination settings. These features can help you identify targets more accurately and improve your detecting experience.
  • Weight and Comfort: Consider the weight and ergonomics of the metal detector. You’ll be carrying it around for hours, so make sure it’s comfortable to use.

FAQs

Q: What is target ID?

A: Target ID is a feature that displays a number or icon on the detector’s screen, indicating the likely type of metal detected. This helps you decide whether to dig or not.

Q: What does discrimination mean?

A: Discrimination allows you to filter out unwanted targets, like iron or trash, so you can focus on finding valuable items.

Q: Do I need any accessories?

A: A digging tool, headphones, and a carrying bag are helpful accessories. Pinpointers are also popular to help precisely locate the target in the hole you dig.

Q: How deep can these metal detectors detect?

A: Detection depth varies depending on the size and type of metal, as well as the soil conditions. Generally, you can expect to find coins and small objects at depths of 6-8 inches, while larger objects may be detected deeper.

Q: Are metal detectors legal everywhere?

A: Metal detecting laws vary by location. Always check local regulations and obtain permission before detecting on private property. Some parks and historical sites may have restrictions or be off-limits.

Conclusion

Finding the best metal detector under $500 is totally achievable. Each of the five detectors we’ve explored offers something unique, so consider your needs and budget to make the right choice. Whether you’re a beginner or an experienced treasure hunter, there’s a metal detector out there that’s perfect for you. Happy hunting!

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