Quote:
Originally Posted by Theseus
I agree. All of the LRLs you've pictured worked exactly once. When the buyer gave the seller money in exchange for the device.
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You are exacly right.
However, we do find a few rare exceptions. Occasionally someone recovers a treasure in a location where the LRL happened to be beeping, just as occasionally someone rarely recovers a treasure as they are digging a hole when they are not even looking for treasure.
Yes, each one of those LRLs worked once. But there are many more like them that also worked exactly once. We can see this must be true because so many of those LRL manufacturers are still in business. When we consider the hit rate for these LRLs fnding treasure, it must be dismally small. But when we look at the value of the treasure each one finds, we see it is usually worth several thousand dollars. Considering the number of suckers born every day, this can amount to a sizable cache of treasure for a particular model. Didn't RangerTell post figures of $60,000 AUD per year for selling his calculators at less than $1000?
Best wishes,
J_P