Coinstar

kajdg657 · January 8, 2009 10:28PM

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) ?

BBN · January 8, 2009 10:31PM

I believe coinstar is its own private company that pays stores a little kickback for its space in that store.

BTW, love that pic of Jack. They don't make players like him anymore.

PerryHall · January 8, 2009 10:36PM

<< BTW, love that pic of Jack. They don't make players like him anymore. >>

He looks like a vampire.

BBN · January 8, 2009 10:38PM

<< 

<< BTW, love that pic of Jack. They don't make players like him anymore. >>

He looks like a vampire. >>

Even Vladdy would tremble in the presence of Jack Lambert. he was a bad ***

BAJJERFAN · January 8, 2009 10:49PM

Why would anyone ever use those? Would you give a bank teller a $100 bill and be happy with $90 in change?

barrytrot · January 8, 2009 10:55PM

<< 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!

PerryHall · January 8, 2009 10:56PM

I think most Coinstar machines charge 9%. I try to spend my pocket change as fast as I get it so it doesn't accumilate to the point that it becomes a burden.

19Lyds · January 9, 2009 12:11AM

Dp CoinStar machines take halves?

SilverEagles92 · January 9, 2009 12:13AM

<< 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.

gecko109 · January 9, 2009 12:14AM

<< 

<< 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!

frnklnlvr · January 9, 2009 12:29AM

I always check the coin return on coinstar machines. I've found foreign coins and I once found four wheats in the teens in there. They were common circs. but it was still cool to find them.

TonedGal · January 29, 2009 4:07PM

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.

micmt · January 29, 2009 4:22PM

I bet he does find a small treasure trove.

cars · January 29, 2009 4:24PM

I wonder What the capacity is on one of these beasts? Would also like to know how acurate they are. I've been tempted to count out $50 of change, send it through the machine and see if its correct. Didn't want to lose the 9.x % though. I have also found a silver and canadian coins in the return slot. Quite a bit when they were new.

GrumpyEd · January 29, 2009 4:31PM

Good thing I don't work at a place with a coinstar, I'd probably get fired for raiding the machine.

Coxe · January 29, 2009 5:53PM

CSTR, a public company.

1Mike1 · January 29, 2009 5:56PM

<< 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!

BAJJERFAN · January 29, 2009 9:26PM

So what happens to the change in Coinstar machines? Do they take it to the bank and deposit it into their account LOL?

dbemike · January 29, 2009 11:36PM

<< 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%

TonedGal · January 29, 2009 11:54PM

Someone from Coinstar comes to pick up all the change. I'm thinking that working for them would be a great job for a collector

relicsncoins · January 30, 2009 2:00AM

I took about $78 dollars of metal detected coins and dumped it in the machine. Near the end the machine jammed up and the Albertsons clerk had to get coin star on the phone. Some of the coins were seriously bent, I guess that's what jammed it. I would like to see the look on the face of the person emptying the machine with all that corroded and dirty money in it.

JJ

tahoe98 · January 30, 2009 8:58AM

<< 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,

to the forums!!

robkool · January 30, 2009 9:03AM

I found alot of free Canadian change in one of those machines this morning...

YaHa · January 30, 2009 9:36AM

You know what is cool to try in the coinstar machine?

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.

Coinstar

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