18 Best Budget & Cheap Metal Detectors

If you’re looking for the best budget and cheap metal detectors available in the metal detecting world, you have come to the right place. The primary purpose of this guide is to curate, for your study, a list of the best budget detectors that offer you unbelievable value for a cheap price. Whatever your budget is or the type of treasure hunting you are about to embark on, you will find a detector that suits your needs right here.

Regardless of the cheap option that these detectors come with, they remain highly efficient and top-level performers. Like the Garrett ACE 400 that will detect all kinds of relics and coins across a healthy variety of terrains. This is perhaps the most fantastic thing about present-day metal detecting; you can choose a highly efficient device for a cheap price, and it will give you top-level detecting, high sensitivity, a variety in hunting categories, and many more.

So, whether you want the best budget and cheap detector for underwater detecting or a detector that is custom-made for coin and relic detecting, or you are looking for something affordable for your kids to begin a career in metal detecting or as a hobby, you can find everything you’re looking for on this list. Each of the product has a detailed description with key features to give you a good overview of everything you need to know about the metal detector before you opt for it.

If we’re going to make a recommendation for the best all-round budget metal detector here, it has to be the Garrett ACE 400 for its premium productivity for such a cheap price. The Nokta Makro Pulsedive is our best choice for a budget underwater metal detector that can also brave land terrains to find targets. Check out the rest of the best budget and cheap metal detectors on the planet below.

Garrett ACE 400 metal detectors

Our Rating:
5/5

We’re launching this list with the ACE 400 due to its high performance all-round detecting capacity for a budget price of just a little above $300. For such a low price compared with excellent performance, you’ll struggle to get a better deal off any other detector. Starting operating frequency at 10kHz, the ACE 400 is significantly higher than its ACE series counterparts and also working at a signal strength recommended for the best coin hunting. Like the rest of the metal detectors from the ACE series, 400 is very lightweight and has an adjustable stem that improves handling during coin hunting. Perhaps the best feature of this metal detector is the frequency adjustment option that allows you to control frequency signals to optimize your hunt. The Iron audio system lets you hear the sound of discriminated iron targets and control the signal only to pick valuable metals. What else is in the box? Precisely what is in the ACE 300: Easy stow headphones that are fully submersible and wireless for standard use, ACE cover-up coil protection, and some recovery tools for hunting across different terrains. The 4 AA batteries also power the device for 20 hours each.

Features

  • Digital Target ID
  • Iron audio and discrimination
  • Ground balance
  • Five search modes: jewelry, zero-disc, relics, coins, and custom
  • Waterproof search coil
  • 4 AA batteries
  • Three audio tone ID
  • 8.5” x 11” DD search coil
  • 2-year warranty
Garrett ACE 400 metal detectors
Garrett ACE 400 metal detectors

Minelab Vanquish 340 metal detector

Our Rating:
5/5

For less than $200, the vanquish offers solid performance in metal detecting and it is so highly rated by professionals and beginners. It uses a multi-frequency system and 12″ search coil to optimize coin and relic hunting to top standards. The Minelab’s V10 10×7″ Double-D coil is also included in this product. Minelab, as we already know, are responsible for some of the most technological advanced metal detectors in the world, and this detector, didn’t disappoint. The multi-IQ technology is like combining the potentials of multiple meta detectors and placing them into one body. And when you’re ready, all you need to do is to set the Vanquish to one of the three search modes: Coin, All Metal, and Relic mode. After you locate your metal, the four discrimination segments helps you curate the types of metals you want the device to notify you as valuable or the ones that you want to discard as mere Iron junk. The Vanquish 340 is also considerably lightweight at 2.6 pounds and has a LED backlight for night hunting. It is waterproof – fully submersible up to 3.3 ft underwater, and—with 9 volts batteries—can give up to 30 hours of coin hunting.

Features

  • 2-year warranty
  • Multi-IQ frequency
  • Waterproof
  • 12" search coil
  • Lightweight
  • 9-volts batteries of up to 30 hours
  • Three search modes
  • Automatic noise cancellation
Minelab Vanquish 340 metal detector
Minelab Vanquish 340 metal detector

Fisher Labs F11 Metal detector

Our Rating:
5/5

This device is incredibly low priced for its high-level performance. The data is out: everyone in the detecting world unanimously agrees that Fisher labs have done a madness with this one. The F11 is perfect for gold prospecting, coin hunting, and relic hunting, and its features are custom-made for just that. With a 3-mode operation system that includes Jewelry, artifacts, and coins, you can switch and specialize the F11 depending on the type of treasure you are hunting. An impressive 9-segment visual display Target ID recognizes a series of valuable metals in the soil and utilizes signal analysis to detect precisely where they are. The F11 also comes with 2 AA 9-volt alkaline batteries that give you 20 hours of hunting time each, so you’re sure never to lose ground with this detector. Finally, we always like our metal detectors light—especially when going for long periods of hunting—and the little 2.29 pounds that the F11 stands at makes it conveniently lightweight; thus, suitable for extended use.

Features

  • Lightweight
  • 9-volt AA batteries
  • 3-mode operation
  • Visual display
  • 9-segment Target ID
  • 2-year warranty
Fisher Labs F11 Metal detector

Nokta Makro Simplex

Our Rating:
5/5

This is an entry-level metal detector that is simple & easy-to-use—just turn on and go—and it is available for a budget price. The simplex has an auto ground balancing and comes with built-in search modes which include All Metal, park, Field, and beach. It is waterproof-fully submersible up to 10ft underwater, and the operating frequency of 12kHz makes it a perfect device for treasure hunting. The vibration of the simplex is its own creative way of showing that it has detected a target in a particular area. It has a very simple, adapted for easy and less complicated handling. Not to mention that the simplex is very lightweight at merely 2.9 pounds and, consequently, can be used for extended periods without getting tired from the load. For all its admirable qualities, this metal detector is probably most popular for its lightning. So, when it comes to night-time coin, relic and gold hunting, you know who you’re banking on. LCD backlight, a very bright LED flashlight, and keypad backlight maintain top-quality lighting for this beauty.

Features

  • Lightweight
  • 5-year warranty
  • 11" search coil
  • Operating frequency - 12kHz
  • Waterproof
  • Auto ground balance
Nokta Makro Simplex
Nokta Makro Simplex

Garrett ACE 250 metal detector

Our Rating:
5/5

The Garrett 250 is made for all kinds of detecting but is tailor-made for relic hunting. The operating frequency of this detector stands at 6.5kHz, which is good for picking up coin signals. A necessary upgrade of this metal detector from the ACE 200 is it’s comes with adjustable sensitivity unlike the former. There are Five search modes for the ACE 250: All metals (this is suited, with a high sensitivity, to locate any kind of metal object), jewelry (objects like rings, earrings, wristwatches, etc, made from valuable metal), Custom (default mode), relics (for artifacts and old objects from a long time), and coins. The operating mode is of types: Full-range, multi-notch discrimination. 4 AA alkaline batteries each have 20 hours of life in each of them; so the ACE 250 is trusted to go the miles with the sufficient power it needs. For children and young beginners in coin hunting, the lightweight and adjustable length of this model in the Garrett GTI series makes it a perfect device to start your hunt, and carry around as you travel. One downside of this entry-level metal detector is that it is not waterproof. Although for $200, you can hardly expect the ACE 250 to have it all.

Features

  • 2-year warranty
  • Lightweight
  • Simple design
  • Auto ground balance
  • Operating frequency - 6.5kHz
  • Simple display
  • Three audio tone ID
  • Five search modes
Garrett ACE 250 metal detector
Garrett ACE 250 metal detector

Garrett ACE 300 metal detectors

Our Rating:
5/5

Popular for being a top-rated entry level detector that gives users an excellent performance, the ACE 300 makes our list because it is an all-purpose budget device. For its price, you may not get a better deal with any other device. The ACE 300i has an adjustable operating frequency with a 7” x 10” concentric PROformance search coils to improve sensitivity and also reduce interference. The electronic pinpointing tells you the exact location of targets, depth levels, and how fast you can reach your treasure. Furthermore, the ACE300i uses an advanced and new pulse-width-modulation Audio to hear more precise and more authentic signals from metals. An advanced Iron detector with better visual resolution identifies unwanted metals and uses the discrimination system to discard them. What else is in the box? Easy stow headphones that are fully submersible and wireless for standard use, ACE cover-up coil protection, and some recovery tools for hunting across different terrains.

Features

  • Operating frequency—8kHz
  • 7” x 10” concentric search coil
  • Adjustable length
  • Iron discrimination system
  • Target ID
  • 2-year warranty
  • Three audio tone ID
Garrett ACE 300 metal detectors

Nokta Makro PulseDive Scuba detector

Our Rating:
5/5

If you’re in the market for an underwater metal detector that is efficient for a low price (under $200) you do not need to look further as you have found your device right here. We’re putting our money on the Scuba detector—yep, suitable for Scuba diving—to blow your mind. This IP68-rated waterproof device is submersible up to 200ft; makes it one of the best underwater metal detectors in the world. Pulse induction technology enables this beauty to dispel electrons in saltwater and to ignore soil with high ground mineralization. When metal targets are located, the PulseDive uses four efficient means of indication and they are: Audio only, vibration only, audio and Vibration, and LED indicator. It also features a powerful LED flashlight for good vision at night during detecting. For the dive mode, the PulseDive locks the keys of operation and every other part that can be punctured by water pressure at massive depths.

Features

  • Pulse induction
  • 1P68 waterproof device
  • Dive mode
  • LED and audio indicators
  • Waterproof up to 200ft
  • Four modes of indication
Nokta Makro PulseDive Scuba detector

Quest Scuba Tector

Our Rating:
5/5

The Quest Scuba Tector is a performance-oriented all-round metal detector capable of extensive hunting underwater and on land. And it is available for a cheap price in case you are on a budget. The Scuba Tector follows the trend of many underwater detector by featuring a pulse-induction technology coupled with a 5×4” mono search coil for powerful sensitivity and to reach incredible depths. It is waterproof, submersible up to 200ft—tailor-made to locate coins, relics, gold, and jewelry that have been buried deep underwater. It is still a mystery how the Scuba Tector sells for its price despite having features that makes it one of the best underwater detectors around. For an entry level detector, you need something that is easy to operate and less complicated to handle; this is why the Scuba Tector uses a simple operation mechanism. With the click of a single button, you are ready for efficient treasure hunting. To switch to dive mode (the suitable mode for underwater deep hunting) all you need to do is to press two buttons for two seconds and this metal detector is ready to go.

Features

  • LED flashlight for night hunting
  • Two-buttons control and easy to use
  • Waterproof up to 200ft
  • Target locking function
  • Ergonomic body for comfort
  • Built-in LI poly battery
Quest Scuba Tector
Quest Scuba Tector

Whites Treasuremaster

Our Rating:
5/5

At the heart of saltwater and beach detecting is a cheap option detector that is highly efficient. The name ‘Whites’ on the label of any metal detector is a sure sign that you are getting the best quality, and White’s All-purpose Treasuremaster is a remarkable metal detector that the beginners and professionals all wax lyrical. Few detectors can claim to be truly all-purpose and the Treasuremaster is one of them—it will find anything from gold and silver coins to relic items to jewelry. All this is made possible by its 9.5” concentric search coil and 7.81kHz operating frequency. You can adjust the sensitivity to personalize your signals to fluid targets in deep parts of the ground or in highly mineralized grounds. The treasuremaster’s 8 modes of customized discrimination enables it to identify the majority of junk and thrash metals and to eliminate them from the way of finding valuable metals. The visual target ID is an efficient feature that indicates on a large LCD screen, the depth of metal targets in the ground and how long it will take to get there. Couple the visual target with 4-tone audio ID that uses unique sounds to alert you on finding several types of metals. The Treasuremaster’s is top-of-line performance enhanced and its lightweight feature makes it capable of gong long hours of hunting without having a physical toll on you.

Features

  • Operating frequency — 7.8kHz
  • 2-year warranty
  • Customized discrimination
  • Adjustable sensitivity
  • 9.5” waterproof concentric search coil
  • Audio target ID
  • Visual target ID
Whites Treasuremaster
Whites Treasuremaster

Fisher Gold Bug Pro Metal Detector

Our Rating:
5/5

For specialized gold prospecting, you will need a customized metal detector for gold. The problem is that almost all the gold prospecting detectors are considerably pricy. This is where the Gold bug pro comes in. With a relatively low price for a gold detector, it is a good choice with good performance. Although the operating frequency is somewhat low (for a gold metal detector) at 18 kHz, the Fisher Gold bug pro is still one of the most popular metal detectors for gold on the planet. Despite its low operating frequency, however, it will still find small gold nuggets in highly mineralized terrains. And what it lacks in high operation frequency, the Fisher makes up for with technological innovations that few other metal detectors can boast. The V-break Tone discrimination feature—the first among metal detectors—uses an audio ID to detect gold instantly in the ground. The system also uses the same method of discriminate unwanted iron trash without having to dig. 40-point range Iron ID allows it to distinguish between sizes of iron metals; perhaps this is what makes the Fisher Gold bug pro a fantastic utility: adapted to locate almost all kinds of minerals with an accurate display of type and amount in the soil.

Features

  • It comes with two headphone jacks: 1/4” and 1/8”
  • The operating frequency of 19 kHz
  • 5-year warranty
  • Waterproof search coil
  • V-break Audio ID & Tone breakpoint discrimination
  • Specialized target feature for coins and relics
Fisher Gold Bug Pro Metal Detector
Fisher Gold Bug Pro Metal Detector

Teknetics T2 Metal detector

Our Rating:
5/5

Teknetics T2 metal detector is a very competent device and one of the most suitable for all kinds of detecting—from coin hunting to relic hunting to gold prospecting; the T2 can do it all. It is an all-purpose high-level device that has a budget price that professionals can afford to get the highest quality of detection. It features an 11” open-frame Bi-axial search coil that is waterproof and can withstand interference in high ground mineralization. The search coil is adequately sensitive, so trust it to pick up the scent of gold nuggets in the ground—the waterproof feature also gives it the ability to detect valuable metal on standard land terrains, and also underwater. The T2 has a double-filter Iron discrimination feature to curate junk metals from valuable details. Not to mention the Intuitive new-technology user interface that optimizes metal analysis display, and is pretty easy to operate. And, lastly, the Target identification comes in handy to identify and ignore trash metals disguised as valuable metal in the ground.

Features

  • Intuitive User interface
  • 5-year warranty
  • Target ID
  • LCD Display
  • 11” search coil
  • Very sensitive to detecting coins
Teknetics T2 Metal detector
Teknetics T2 Metal detector

White’s Coinmaster GT Metal detector

Our Rating:
5/5

The ultimate coin finder, this is a trendy device in the coin hunting world. For all its good performance, it operates on a budget of less than $200, which, to be frank, is bloody impressive. Coinmaster’s solid Target ID allows you to identify the metals you come across as you haunt for valuable coins. The audio mode, similarly, will enable you to hear the signal emitted by nearby artifacts. But hearing the signal of every metal you come across can be quite tiring and—in a way—anti-climactic, don’t you think? Not to worry, the coinmaster takes care of this with a five-range discrimination system. What this does is that it allows you to pick and curate the types of signals you want to hear. For example, if you’ve programmed your Coinmaster only to give you the feedback signal sound of bronze coins, this is what it will do. This metal detector also comes with a 9” waterproof search coil and Beach mode system; that makes it work well underwater. The automatic ground balance of the coin master adjusts itself as you seek in coins in the ground.

Features

  • Backlit display
  • 8 AA batteries to give over 20 hours each
  • 2-year warranty
  • Operating frequencies—8.192kHz
  • 9” search coil
  • Automatic ground balance
White’s Coinmaster GT Metal detector
White’s Coinmaster GT Metal detector

Garrett ACE 200 metal detector

Our Rating:
5/5

For people looking for an entry-level budget metal detector, the ACE 200 is a great option. It is a slight upgrade from the Garrett ACE 150 and incredibly lightweight—making it well suited for kids and new explorers during coin hunting. The ACE 200 comes with three search modes: the Zero-disc mode (to locate all kinds of metals), the Jewelry mode (less rowdy option and will only look for metals from jewelry like earrings, rings, necklaces, etc.) and Coin modes (detects coins of various types of metals). Its operating frequency is a fixed 6.5kHz—unlike the newer models that have adjustable frequencies for variety during treasure hunting. Another quality of the ACE 200 is a digital target ID to display what the metal detector has picked and to translate it correctly. What else is in the box?Unlike the higher 300 and 400 models, the ACE 200 doesn’t come with Easy store headphones for regular use. The 4 AA batteries, also found in the newer models, can power the device for 20 hours each, and, thus, makes it suitable for extended coin hunting days.

Features

  • Lightweight
  • Submersible coil
  • Digital Target ID
  • Three search modes
  • Operating frequency—6.5kHz
  • 6.5” x 9” search coil
  • Three audio tone ID
  • 2-year warranty
Garrett ACE 200 metal detector
Garrett ACE 200 metal detector

Bounty Hunter Tracker IV

Our Rating:
5/5

The tracker IV is the most prevalent metal detector from Bounty Hunter—perfect for entry-level detectors and little kids and teenagers. For its price, it provides remarkable performance nonetheless. The simple design and operation of the Tracker IV are also what makes it so appealing to the younger age groups as they do not need metal detectors with complicated keys and display information. Operating frequency is 6.7kHz—that utilizes three search modes—and the waterproof search coil makes underwater detecting a possibility. The three search modes are All-metal (for detecting all types of metal like Iron, gold, aluminum, silver, copper, steel, brass, etc), Tone (automatic Iron rejection and two audio tones), and Full discriminate (single tone to discriminate all types of trash metals). What makes the Tracker IV so convenient for entry-level detecting, is its basic controls. The only adjustable settings in the entire device are the search mode, discrimination, and sensitivity—all of which have a simple switch to control them. Sadly, the tracker IV doesn’t have target ID, Iron Audio and depth indicator that is present in standard metal detectors

Features

  • 3-search modes (All metal, full discriminate, Tone)
  • Waterproof search coil
  • Low budget detector
  • Lightweight
  • 9V batteries up to 30 hours
  • Pre-set ground balance
  • Simple design
  • 6.75kHz operating frequency
Bounty Hunter Tracker IV
Bounty Hunter Tracker IV

Minelab X-terra 305 metal detector

Our Rating:
5/5

Minelab will continue producing excellent detectors that are available for a budget price but for now the X-terra 305 us still up there as one of the brand’s best deals. The X-terra 305 is a remarkable entry-level detector, ideally suited for young age groups with its easy to operate feature and it is one of Minelab’s in-actual operation VFLEX technology detector. The X-Terra 305 is the perfect tool for you to begin your coin, relic, and gold hunting; it is also used by professionals across the world. It has manual ground balance operation that enables it work in the most difficult of land terrains. The two-frequency operation is perfect to switch from coin to relic hunting. And of all Minelab’s metal detectors that use VFLEX technology, the X-Terra 305 is the cheapest and this makes it a very popular choice in detecting. The depth indicator feature is a useful tool that this metal detector uses to calculate how far it will take you to dig up prospective metals in the ground and display it on the screen.

Features

  • Multi-tone Target ID
  • Operating frequencies: 7.5, 18.75kHz
  • Digital numeric Target ID
  • Depth indicator
  • VFLEX detector (single frequency sine wave)
  • 3-years warranty
  • Manual ground balancing
Minelab X-terra 305 metal detector
Minelab X-terra 305 metal detector

Bounty Hunter Land Ranger Pro

Our Rating:
5/5

This is an elementary and simple-to-use metal detector that is custom made for underwater detecting and is just a little above $200. Unlike the technical operation of some detectors, the Land Ranger pro has the most straightforward process: only power on and you are good to go. This makes it a great entry level metal detector. It comes with 7 preset modes for different levels, terrains, and environment. They include coins, artifacts, jewelry, 2 tones, 3 tones, 4 tones and all metal modes. Ground cancellation adjustment makes it suitable for the location it has been set upon and the advanced notch discrimination ignores junks to find treasure. The land ranger pro has a 7.79kHz operating frequency that works with either an 11” DD search coil or 8” concentric coil to give it remarkable depth and sensitivity during hunting.

Features

  • V-break Advanced Audio Target ID
  • 11” DD search coil or 8” concentric coil
  • 5-year warranty
  • 7.79kHz operating frequency
  • LCD screen for display
  • 7 preset operation mode
  • Simple to use
  • Ground cancellation
Bounty Hunter Land Ranger Pro
Bounty Hunter Land Ranger Pro

Bounty Hunter Platinum

Our Rating:
5/5

Although it’s been years since the Bounty hunter platinum was released as the first model of their PRO series, it is still an efficient metal detector, highly regarded in the metal detecting world and available for people on a budget. It is unique with its graphic target depth indicator that digitally displays valuable metal targets and calculates how far you will need to dig. The adjustable sensitivity allows it to go to the extreme depths to find treasure. The ergonomic s-rod handle gives it a very straightforward handling that beginners in metal detecting can easily maneuver. The 11” DD waterproof search coil allows it to search for valuable metals underwater. And with a frequency of 7.8kHz, it is the ultimate detector for coin and relic hunting. The bounty hunter platinum has seven levels of adjustable discrimination—each by category and four audio feedback tones. The automatic ground balance of this metal detector is a needed feature to reduce the effect of mineralization in certain grounds.

Features

  • Adjustable sensitivity
  • Intuitive Main system
  • LCD display
  • 11” DD elliptical open waterproof coil
  • Frequency 7.8kHz
  • Eight target ID modes and digital ID
  • Automatic ground balance
Bounty Hunter Platinum
Bounty Hunter Platinum

National Geographic Pro metal detector

Our Rating:
5/5

The National Geographic is a popular high-performing entry-level detector (and for its price); it gives an incredible level of quality. While it is mainly used by children and people who want to take metal detecting as a hobby, this detector can perform on an even higher level—as some professional metal detectors have found out. When it comes to metal detectors, this one is the absolute bargain. With a three-metal detection mode, the PRO can detect all metals, metals that are not iron, and Metals that are not Iron and Aluminium. It also features four ranges of sensitivity and search-discrimination. They include Iron, Aluminum, Rings (similar types of jewelry), and high-value coins. Like most metal detectors on this list, the PRO is very lightweight; this makes it a popular choice for children—and it is waterproof. All National Geographic toys—a category that this metal detector falls under—have a 100% satisfaction guarantee for customers, so you get the National Geographic Pro for your kids with the assurance that they will love it, and travel with it everywhere they go (since the Pro is very portable, and folds up to 22”)

Features

  • Waterproof
  • Easy to use
  • 2-year warranty
  • Four search discrimination mode
  • Three pre-programmed sensitivity range
  • Pinpoint feature
National Geographic Pro metal detector
National Geographic Pro metal detector

Conclusion

These are the best budget and cheap metal detectors in the business and if you’re going with any one from this list (based on your hunting category), you can rest assured of getting high value for your money.

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