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Ripped off by Coinstar
TopographicOceans
Posts: 6,535 ✭✭✭✭
While I feeding the coins in, I felt a big coin and saw it was an Ike dollar.
I was going to put it in my pocket, but decided to feed it to the beast instead.
I made sure it went in the slot and watched the denomination count on the screen. It showed zero $1 coins.
The Ike wasn't in the return slot either. 
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Bummer.
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Imagine how many great coins that rip off service gets to their main facilities..... Boy would I like to work there.
all around collector of many fine things
I bet they send them all to the refinery.
Collector, occasional seller
Coinstar will reject all silver coins. The Ike $ is not made of silver & it ate it.
They have those slots in vegas too
Steve
You need to become a robot. It's all automated. With luck, someone in the future may find one of your "great coins" in a bank roll obtained from one of his banks or given back as change when shopping. (And the cycle starts all over)
Count the Ike as a tip to the CoinStar man ..Some coin counter machines keep large coins uncounted at bottom rotating feeder ..meaning the person services the machine keeps the coins
10 cents on every other dollar isn't the best ROI
``https://ebay.us/m/KxolR5
I've mentioned this before but CoinStar has no clue about collector coins and has no method of sorting them out from the other massive number of coins they accumulate. I golf occasionally with a former CEO of CoinStar and after he explained the process to me, it's a massive process not geared towards sorting out the occasional collector/silver/gold coin.
The Coinstar giveth, and the Coinstar taketh away.
Undeniable truth!
Yep... the service person does indeed do well.... sort of like tips to restaurant/bar workers... Cheers, RickO
Is the return slot even big enough to fit an ike?
Why?
My Adolph A. Weinman signature
I lost one like this also. It clanked and clanked til the machine stopped
Hoard the keys
It says on the coinstar website that they do not take Ike dollars.
Man, you're not kidding. Many banks have coin counting machines that you can use for free if you're a member (you usually have to ask the teller). But if you must use Coinstar, why not pick out coins greater than a dime? If you're time is worth more than even doing this, you may as well give the coins away and not bother hauling everything to the store.
It sure sounds like Coinstar took his Ike dollar if you now what I mean.
I used this the other day for the first time, to get rid of some pennies quick. I rolled the dimes and up, but didn't want to bother with rolling pennies all day. I saw that its 10.5% now, wow! It only cost me a few dollars, well worth time saved, but for those who feed lots of coins. good chunk gone
Some of the machines will return certificates at face value that can be redeemed at Amazon or other online stores.
My Adolph A. Weinman signature
The only time I fed the beast was when our litter of Collie puppies got into a bunch of 1960's 1979's OBW Lincolns. The closet (where they were birthed) and where they slept, etc. was where the coins were stored in a box on the floor. It looked like a copper explosion in the closet when I found it.
Not worth sorting them back out, not worth dealing with it, took them to coinstar.
I opted for the gift card at face value to a restaurant where we go about 4x a year, so I got face value, and no time sorting.