How to Find Out the Worth of Your Old Metal Detector

You may be an old pro at appraising the value of the treasures you dig up with your metal detector, but when it comes to estimating the price of the detector itself, you're stumped. The value of your old metal detector can vary depending upon its age, condition and make. How much you get will also depend upon how big of a hurry you are in to sell. Presumably, you're planning on selling your metal detector to another eager treasure hunter. Depending upon how old it is, however, you may also be able to interest buyers who collect antique electronics or military paraphernalia.

• 1

  Evaluate the condition of your metal detector. The first thing to determine is whether or not it still works, and if it does, how well. It is going to be tough to sell anyone a broken metal detector. Next look at the aesthetic condition of your metal detector. Check to see whether it has any dents or rust. Look over the paint for chips or dulling. Make sure that all the parts of your metal detector -- including the stabilizer, control box, shaft and search coil -- are intact.

• 2

  Look at your metal detector and determine what make and model you have. This will help you to determine how much other, similar metal detectors are selling for. If you have the original packaging that the metal detector came in, your metal detector is worth slightly more.

• 3

  Look at online auction sites such as Ebay to find out how much similar metal detectors are selling for. If you can't find the exact same make and model, look at metal detectors with similar features. If you need to sell your metal detector in a hurry, Ebay could be your best option. However, some sites, like Atoncer, specialize exclusively in metal detector auctions.

• 4

  Take your metal detector to an antique shop and have it appraised if you have one that is very old or special. This is an especially good idea if you have a military-issue metal detector. Note that your metal detector will not be worth the same amount in every market. You may get more for your metal detector if you take it to an antique dealer located near a beach or a historical landmark -- places that attract treasure hunters.

• 5

  Take your old metal detector to a pawn shop, if you absolutely need to sell it right away. If you need cash instantly, a pawn shop is one of the only places you are guaranteed to get it. However, a pawn shop will also give you the lowest price possible for your metal detector, so this option is only for worst-case scenarios.