you can get a large magnet an put it on a 1/4" rope.  if the magnet gets
even close it will attach itself to the chain.  You can then grapple it up.
the chain is worth the effort....
place markers in a square and do passess in a pattern to cover the area with
either the grapple or magnet.

best of luck.

On Tue, May 19, 2009 at 7:50 AM, Bob S <[email protected]> wrote:

>
> I once went down to my boat and saw diving activity going on at an
> adjoining dock. Turns out we had a young newlywed couple living aboard
> and the wife had lost her expensive wedding ring over the side. The
> couple told me that hiring the divers was at no further risk to them
> because they only required payment if they found the ring- which they
> quickly did in 6 inched of muddy bottom using a type of underwater
> metal detector.
>
> Don't know if this type of arrangement is standard and if there is
> equipment around to easily detect metal under water but might be worth
> a shot. Others on the site may have more info.
>
> Sorry I don't know the divers organization and the couple is long gone
> from the area.
> >
>

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