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The CoinStar rumors are true :)

WeissWeiss Posts: 9,941 ✭✭✭✭✭
Coinstar Machines (those coin counting machines you find in most grocery stores) apparently have a pretty sophisticated accept/reject mechanism. People have mentioned on this and other forums that you can often find the rejected goodies in the return tray after people have dumped their coins and left. These were just sitting in the return tray all by themselves a few minutes ago.

$.05 Harrah's casino "token" and a 1956-D dime:

image

I feel almost guilty taking them. I didn't find them with my metal detector, and I didn't even have to pay face for them. What's a coin collector to do but offer them a good home image ?
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame

Comments

  • RussRuss Posts: 48,514 ✭✭✭
    I check the tray every time I see a machine. So far, I haven't scored a damned thing!

    Russ, NCNE
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Is there ANY ethical dilemma in taking something like this?

    The previous owner has been and gone. Neither the store nor CoinStar has paid for or accepted these coins. In fact, just the opposite.

    Seems like CoinStar should start keeping these coins. I'd just put a disclaimer on the machine and the touch screen that said "foreign material, including damaged, obsolete, and/or foreign coins, are not accepted and will be collected for disposal" or words to that effect. I doubt most people would even bat an eyelash.

    44,000 CoinStar machines. I bet a minimum of one silver coin passes through each machine per week. That's 2.2 million silver coins a year they could bank.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • PhillyJoePhillyJoe Posts: 2,700 ✭✭✭✭
    Whenever I take my slabbed coins to coinstar they end up getting rejected. I must be doing something wrong.image
    The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. image
  • I think they reject all silver coins !
    image
  • LanLordLanLord Posts: 11,714 ✭✭✭✭✭
    I have found a few silver dimes, old US cents (I am not sure if they were underweight or what) and a bunch of dark side stuff in my local coin star machine.

    I did feel a bit bad taking the money, but I figured it is no different than taking coins from a telephone coin return.
  • If the person wasn't smart enough to check the return... it's their fault....
    -George
    42/92
  • KISHU1KISHU1 Posts: 2,118 ✭✭✭
    A few weeks ago I found 4 pennies and a nickel. The next week I hit the mother load, $1.51 all in dimes nickels and pennies! And to boot I found a coupon for $3.00 off my order if I use my master charge, in a grocery cart!


    I hit the mother load
    a few weeks agoimage
  • K6AZK6AZ Posts: 9,295
    My best score out of the reject tray of a Coinstar machine was a nazi 2 pfennig coin.
  • Yes I heard the rumors and stopped by a few myself...I didn't find any silver but I did find about a $1.50 in change in the reject tray. image
  • flaminioflaminio Posts: 5,664 ✭✭✭
    I check every CoinStar machine I pass by. I've found a couple silver dimes, lots of nifty foreign stuff, and a fair amount of bus tokens and Chuck E. Cheese tokens.
  • tjkilliantjkillian Posts: 5,578 ✭✭✭
    I always check them and I have silver dimes and other cool coins, including old wheat cents.

    Tom
    Tom

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Me an my "jimmy bar" have found LOTS of coins in em.


    image
  • coppercoinscoppercoins Posts: 6,084 ✭✭✭
    I pulled a Canadian nickel out of one once...that's it.
    C. D. Daughtrey, NLG
    The Lincoln cent store:
    http://www.lincolncent.com

    My numismatic art work:
    http://www.cdaughtrey.com
    USAF veteran, 1986-1996 :: support our troops - the American way.
    image


  • << <i>I check the tray every time I see a machine. So far, I haven't scored a damned thing!

    Russ, NCNE >>



    Ditto.image
  • xbobxbob Posts: 1,979
    A friend scored big for me. Months ago she went to work (at the food store) one morning and found a little over 500 wheat cents left in the return. Why somebody would leave them is beyond me.

    Anyway there was nothing rare but a few semi-keys. The other interesting note is that they were all 1940's or less. Of course, that could have been all that was dumped through, or perhaps it only rejects 40's and under cents? I dunno?

    I have also found several silver dimes on different occasions, a euro cent, some Korean coins, and a Namco game token. It seems that early morning or late evening is the best time to check the machine based on my finds.

    (If anybody read about the wheats score on the ebay coin forum a few months back, that was me. I stopped posting there after discovering this forum - which is way more active and informative.)

    -Bob
    collections: Maryland related coins & exonumia, 7070 Type set, and Video Arcade Tokens.
    The Low Budget Y2K Registry Set
  • ScarsdaleCoinScarsdaleCoin Posts: 5,223 ✭✭✭✭✭
    If people are already using the machine and paying the % for the service....how bright are they? there is a machine located right next door to a bank that takes the same coins for free......but yes...there could be some interesting items in the reject
    Jon Lerner - Scarsdale Coin - www.CoinHelp.com
  • rdunnitrdunnit Posts: 340 ✭✭
    I check most of the time I am at the stores that have them around here. At a lot of the banks around here if you don't have an account, then the banks charge a percentage. Even the Bank of America banks around here are getting away from local bank coin machines. When you take change to the local Bank of America here in Wichita, Kansas, they place it in a heavy duty plastic bag, seal it, place your info on it and then send it to the central Bank of America here in Wichita where the amount is counted and credited to your account 3-5 business days later. Bunch of bull if you ask me. Even the central Bank of America does the same thing. You can't just enter the bank and have them count out your change and then receive your payment in cash, they will credit your account 3-5 business days later. My wife and I use this bank and I can't get her to switch. I do know of some banks around here (especially in the smaller surrounding towns) that will count your change for you and pay you in cash. A teller at BOA told me that they started doing this because: the cost of machine repair is expensive and some other bull mahawky. I don't know what everyone else's bank is like but the Bank of America banks around here are doing this.


    Robert
  • Never seen a CoinStar machine image


    Herb
    Remember it's not how you pick your nose that matters, it's where you put the boogers.
    imageimageimage
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Try a Thai Baht coin.


    hahaha

    Tom
  • DockwalliperDockwalliper Posts: 1,169 ✭✭✭
    JackPot from the CoinStar today....

    Red Aluminum NCV token
    2 golf-n-games tokens
    1 clad quarter
    1 clad kennedy half
    1 Canadian quarter
    1 Canadian Dime
    1 1940 wheaty
    1 40% silver Kennedy half 1969D
    1 silver Rosey 1953D
  • LakesammmanLakesammman Posts: 17,380 ✭✭✭✭✭
    Played golf with one of the execs the other day - they are based in Seattle.

    He said I can't go through the bins....imageThey have a modified forklift that takes 9000 pound bins to a central facility where all the coins are rolled. No one goes through the coins that are accepted. Like I have the time anyway....imageimage
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • I've checked a few and only once gotten a 1954-D dime.

    Once I waited around because the guy feeding the machine had what sounded like a slot machine payoff hitting the reject tray. He fed it all through a couple of times and then noticed me standing around the front of a grocery store trying to look like I belonged there. He grabbed all of his stuff and left. I wonder what he had ....
    Some call it an accumulation not a collection

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