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Coinstar

Are coinstar machines(machines that take change and give you cash with a little juice for themselves) run by banks or privately owned by the company where they are placed(e.g., Giant Eagle, Topps, Walmart) ?

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BTW, love that pic of Jack. They don't make players like him anymore.
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<< <i>BTW, love that pic of Jack. They don't make players like him anymore. >>
He looks like a vampire.
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<< <i>
<< <i>BTW, love that pic of Jack. They don't make players like him anymore. >>
He looks like a vampire. >>
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#1 1951 Bowman Los Angeles Rams Team Set
#2 1980 Topps Los Angeles Rams Team Set
#8 (and climbing) 1972 Topps Los Angeles Rams Team Set
<< <i>Why would anyone ever use those? Would you give a bank teller a $100 bill and be happy with $90 in change? >>
Actually even companies like Salvation Army, most Churches, and many banks pay a premium to get their coins translated into greenbacks. So, its not that odd that the common man has to pay for the same.
I just wish I had thought of it (and had the funding) first!
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
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<< <i>Dp CoinStar machines take halves? >>
Despite what the manager tells you, they do take halves.
I took a jar of change with probably a roll of halves mixed in, and the machine quit counting about mid-way through. She blamed it on the halves, but I blame it on the 2 liter of soda that was obviously spilled on the machine a while before.
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<< <i>
<< <i>Why would anyone ever use those? Would you give a bank teller a $100 bill and be happy with $90 in change? >>
Actually even companies like Salvation Army, most Churches, and many banks pay a premium to get their coins translated into greenbacks. So, its not that odd that the common man has to pay for the same.
I just wish I had thought of it (and had the funding) first! >>
I pay 0% to turn my loose change into FRNs. About 6 months ago, I took about $450 in change to my bank and ran it through their machine. Not only was there no rake, but the machine actually spit out 4 silver dimes, and a silver quarter to boot!
Franklin-Lover's Forum
They are owned by Coinstar but the store has access. My husband is a Safeway manager and goes through the coins in the machine once it's full. You would be AMAZED at what he finds in these machines! Of course he keeps them all for himself.... brat.
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<< <i>Good thing I don't work at a place with a coinstar, I'd probably get fired for raiding the machine.
HAHAHAHA I was thinking the same thing!
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<< <i>So what happens to the change in Coinstar machines? Do they take it to the bank and deposit it into their account LOL? >>
They probably have a way to recycle it back into circulation at another 9%
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<< <i>Sorry to resurrect an old thread.....
They are owned by Coinstar but the store has access. My husband is a Safeway manager and goes through the coins in the machine once it's full. You would be AMAZED at what he finds in these machines! Of course he keeps them all for himself.... brat. >>
......................
..................by the way,
I'll tell you. Put some lunch meat and bread in there and get a receipt for one large Subway Footlong for $5.oo. Five, five dollar, five dollar foot long.
Yea I know it's stupid but hey the machine is there for the taken if you can take it.