Found *the Spot*

[TTT2866]

I've been lazy with uploading lately. I'm either flat out with work or detecting and finding more than I can document! I've just hit 110 rings for the year (39 gold, yay)! 

 

Went out a few days ago with a mate and hit a spot we've been doing all year. After a few hours, he had a couple of rings and I had a couple of silver and a 18ct. I was pretty happy with that, but the tide started to come up and it was getting a bit cold and not much else was turning up. The beach has been good to us lately, I did the spot a few days prior just wading and scored 2 gold rings, and he went as well the next day and got another. 

We pondered doing another beach we both know well, where there's always tons of stuff but the conditions are extremely hard to do. Wow oh wow was it rough!! I said to him, I'll have a look and if its crap I'm gonna get a coffee and call it a day, I think he was a bit more keen than me. I took the long way around (got distracted by a garage sale lol) and we both met in the middle along the shore. Still equip with our snorkelling gear, we decided to go in anyway, as it was rough but the water was somewhat clear. 

 

For reference, I've found close to 600 rings scattered in this area over the last 5 years. They always get thrown up in to the shallow areas after rough seas, but we've never really gone in the water as the rips are so strong and the conditions never line up. 

Anyhow, within 24 minutes I had 2 bangles as well as 2 rings and he found 2 rings coming from the opposite direction. It was sooo hard to dig anything because as soon as you got the target, you'd be pushed off by a wave and would have to find it again. It was exhausting, especially with 11kg of dive weights. The rip was also extremely strong. I've never seen so many rocks in this spot, because again, it's near impossible to access. There were sooo many targets, almost 1 ever 1.5 meters. When I last got close to this spot I pulled over 70 rings but it was as they'd been thrown closer to shore by strong tides. 

Great day out. 

I went back 2 days later and while my partner was doing the shallows with her new manticore, I decided to wade in. my first target was a kayak anchor..lol, I wouldn't have dug it if it wasn't on the surface as it was a massive ferrous signal. This was equally as annoying as it was great, because I didn't have my dive weights so it gave me lots of weight to stay down, as my wetsuit is too buoyant. I was about chest deep the entire time (i'm 6t5) and it was a real struggle, the waves were hitting about 1.5-1.8 meters every 13 seconds. Again, soo many targets but after an hour I ended up with another 6 rings, 2 watches, a bangle and a brass bracelet chain. Including a nice 18ct band. 

 

As fun as it was, I think the 15 degree C water (59 fahren) was a bit too much and I'm now in bed with a cold, LOL. Totally worth it though. I'm so so so excited to go back there when we have a low swell, I just know there's going to be so much more there. I've never considered that all these rings washing up must be getting pushed from out in the deeper end. I was optimistic about the Seiko as I didn't see the water bubble at first.. it's a $600 watch. Sadly it's full of water. 

Here's a quick video just to show the conditions we were dealing with

 

[TampaBayBrad]

Wow....rough conditions indeed but the pay off was there. You had to work for it! I can only imagine 110 rings for the year in my dreams. Great hunting skills, great locations you have. Thanks for posting.

[CalReg]

Damn, over a hundred rings for the year...very impressive. Keep on swinging...congrats!

[TTT2866]

On 5/3/2024 at 12:27 AM, CalReg said:

Damn, over a hundred rings for the year...very impressive. Keep on swinging...congrats!

Thank you! I'm pretty happy with that 🙂

[rvpopeye]

I already posted this elsewhere TTT but ARRRR blub blub blub ! 😜

[dsb]

Wow, your a machine!  

[Airtemisa]

On 5/2/2024 at 5:51 AM, TTT2866 said:

For reference, I've found close to 600 rings scattered in this area over the last 5 years

600/12=50 rings per month

50/4=12,5 rings per week

Gold is approx 20% of the rings found

Average gold ring is 4,5g

Average gold (in Europe) is 60%

That means 540g of gold 60%, equal to 324g of pure gold; today, gold is 69€/g... So that's more than 22.000€/24.000USD

That spot is a mine! 

[TTT2866]

On 5/7/2024 at 7:22 AM, Airtemisa said:

600/12=50 rings per month

50/4=12,5 rings per week

Gold is approx 20% of the rings found

Average gold ring is 4,5g

Average gold (in Europe) is 60%

That means 540g of gold 60%, equal to 324g of pure gold; today, gold is 69€/g... So that's more than 22.000€/24.000USD

That spot is a mine! 

Close, but 5 years = 60 months = 10 rings per week average from this spot. 😉 If it wasn't for the premiums I sell gold for, as well as the random large pieces, your numbers would be very close.

I try to keep pretty good track of my numbers. This year so far, gold has been 35% of my total ring finds. Last year was 26% from 262 total rings, and the year before was 29% from 225 rings. The years before that I didn't categorise metals, just tallied the rings.  

The average ring would be 2-4 grams of either 9ct or 18ct with the exception of the odd 10-20g 18ct. 

Approximately 74% of each years rings are from this spot. of the other 26%, about 20% would be from another good spot I have. That's a pretty rough guess but it wouldn't be far off. 

I do keep a very good record of what it's worth in scrap price, as well as what I've sold. I sell a lot of relics and I try sell gold at a fair premium after it's all cleaned up. 

It sure is a great spot. we go there every chance we get. 🙂

[TampaBayBrad]

12 hours ago, TTT2866 said:

I try to keep pretty good track of my numbers. This year so far, gold has been 35% of my total ring finds. Last year was 26% from 262 total rings, and the year before was 29% from 225 rings. The years before that I didn't categorise metals, just tallied the rings. 

😮WOW! Better keep that spot top secret locked up in a safe. To keep getting replenished so often is amazing. Good work!

[Airtemisa]

19 hours ago, TTT2866 said:

Close, but 5 years = 60 months = 10 rings per week average from this spot. 😉 If it wasn't for the premiums I sell gold for, as well as the random large pieces, your numbers would be very close.

My God, what a big mistake I made with the weekly average! I didn't realize what you meant in 5 years. Quite right.

What I did not deviate from was the calculation of the profit, which luckily did not carry the error of the first calculation.

In any case, you have superb numbers and significantly better than those of the average mortal.

Congratulations!