I have been doing this for 35 years and this is my 4th detector. My last one was a top of the line and had to part with it to raise money when I was out of work. I decided it was time to once again buy one and the price seemed right. Of course I cannot compare it to a $300 detector ( at the time ), you do really get what you pay for.
Here is my take so far. The bad : No volumn control, one level fits all sound.
Also, it was hard as heck to pinpoint the target. With my last detector, when I dug the hole, you simply placed the coil over the hole and found the object. With this unit, it only works when moving so you have to wave it back and forth while digging to locate the target.
The good: It is super light weight, made almost 100% from plastic. You won't get tired as fast.
Takes 2 9v batteries.( Batteries while wearing headphones last about 15-20 hours )
Probably ok for a beginner, however if you are an avid hunter and you can afford, spend at least $200.Once I find enough to pay this one off, I am going back to a better model. This model will NOT go deeper than about 6" on a quarter and to find older silver coins, this model won't work. I have challenged Bounty Hunter manufacturing to prove me wrong but they actually agreed with my test. They said they sell a more expensive model if you want more depth.
UPDATE 2: OK have used for 1 month now and have found a total of $200.00 in gold jewelry. I know that because a reputable dealer paid me that amount for what I have found so far. I have now paid off the detector in just a months time. I am more impressed now, however, if you are wanting to find old deep silver coins you have two choices, buy a better machine, or use this one on all metal mode, go real slow and dig about 1000 lbs of trash for every coin found then still no guarantee.Also, with my old detector, you just held the detector over your hole and it beeped if item was still there. This detector is a motion detector so you have to swing it for it to work so pinpointing is litteraly a pain. By the end of the first day my shoulders were sore.
* If you want a decent detector to just find recently lost coins around playground equipment, this detector is awesome with its three mode detection. If you want to do some serious silver hunting or looking for old deep buried coins,forget it. It is however great at finding old soda cans up to 12" deep. Maybe you can dig them all day and cash in the aluminum, you should be able to pay off the detector in maybe 75 years.
Overall, like I said, Bounty hunter is one of the 5 oldest detector companies around but most of their equipment is geared towards beginners.
UPDATE: 2013. Even though I kept the Bounty Hunter for a back up detector, Once I got back on my feet and was hooked again in metal detector, I did some research and ended up going mad and paying $1,800.00 for a metal detector. I have found more with the new one in 16 months than all 4 other detectors over 35 years. I am still glad I bought the Bounty Hunter and keep it as a back up cause it is so darn easy to use. Plus it triple paid for itself in less then 5 months.