Met an older gent out beach detecting back in January. He was just digging around in the dry sand using a small homemade scoop. I went over to chat and see what detector he was using. It was some home modified beat frequency detector. Had no idea what beat freq was til I got home and googled it. lol
He told me he had been detecting for over 50 years. Him and his buddies used to do things like raking the beach and digging deep holes when the beach was sanded in to get to the gold jewelry.
I asked him where he sold his gold and he said he took it to a Jewish fella in the Manhattan jewelry district. I asked how much he paid for the gold and he replied 2 points under spot price. I was surprised he was getting such a good deal and told him the best I saw was a refinery online that paid 5 points under spot. He replied...well, I get that price because I sell to him by the pound.
They don't call it the good ol' days for nothing. lol