What’s better than a telescoping magnet for picking up dropped (ferrous) stuff? One with an integrated LED light, of course — like this one Meritline’s currently offering for a measly $5. It extends to 2-feet in length, and Meritline claims the magnet can hold 2 pounds. It even ships (for free, no less) with a battery.
Search Light with Magnet [Meritline]