Abstract: In a hand-held magnetic device for retrieving metallic coins, the device of the present invention comprises; a magnet holding portion fixedly and integrally attached to a handle portion wherein the magnet holding portion is generally disk-shaped and adapted with a hollow magnet holding portion in its underside, a planar upper surface having a slightly raised edge around its perimeter whereby an advertising label may be affixed to said planar surface, a perforation through the end of the handle distal to the magnet holding portion is provided to allow the suspension of the device by means of a wall hook or a neck-string or the like, a removable belt clip adapted to releasably attach to a rectangular opening through the handle having a pair of resilient tabs which come closer together when inserted through the rectangular opening of the handle until such a time that the tabs traverse the opposite edge of the opening, the tabs then separate from each other to be releasably locked in a firm position, then the use