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I started out magnet fishing but would pull up sparkplugs,iron in the soil and sometimes a old steel fishing spoon but most good lures like little cleos and mepps spinner are made from brass and stainless steel.most times the hooks are rusted off and the magnet doesn't stick all that great.i do carry one all the time out fishing still tho.my dad was doing it with a old snagging rod and penn reel and would cast it out.way before it became popular.now i just use my submersible coil on my metal detector these days.ive hooked so many hemos and needle nose pliers while mag fishing.the rare earth mags are real strong.
nope, but I have a snagging hook for when I need to pick something up but I have never been successful at getting anything I dropped. Either whatever it was didn't fall straight down or the water was just too deep. But there are a few pickerel in Promised Land with enough metal in their lips that I bet I could snag with that magnet.