coin star finds...

AKA Bar and Grill - General Discussion of any topics, does not need to be related to metal trading.
User avatar
bigjohn
Turtle Supporter
Posts: 4492
Joined: Wed Oct 21, 2015
Location: Western Washington

Re: coin star finds...

Postby bigjohn » Mon Aug 06, 2018

Nice!
I got my first 1943 steel cent out of the reject bin last Friday
OPEN A COINBASE ACCOUNT AND BOTH OF US WILL GET $10
https://www.coinbase.com/join/593592a00b8e899741fd9dec

ImageImage Image

User avatar
chris6084
Posts: 405
Joined: Wed Jan 30, 2013

Re: coin star finds...

Postby chris6084 » Wed Aug 08, 2018

Found a whole coffee mug full of pennies on the coinstar machine. The machine had an 'out of order' sign taped to it. Whoever brought in the pennies must not have wanted to bring them back home after seeing the sign, so they just left it behind.

User avatar
escher
Posts: 143
Joined: Sun Jun 24, 2018

Re: coin star finds...

Postby escher » Thu Aug 09, 2018

They don't have these things in Europe, so I had to look them up. The notion of charging like 9% commission for counting coins seems exorbitant! And going by this thread, the machines don't even seem to work - why do they keep rejecting legal tender silver coins?

User avatar
lucky43113
Posts: 2888
Joined: Sun Oct 25, 2009
Location: USA
Contact:

Re: coin star finds...

Postby lucky43113 » Thu Aug 09, 2018

escher wrote:They don't have these things in Europe, so I had to look them up. The notion of charging like 9% commission for counting coins seems exorbitant! And going by this thread, the machines don't even seem to work - why do they keep rejecting legal tender silver coins?

silver coins have a different weight to them
Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.---Benjamin Franklin


Image Image Image

User avatar
GtiKyle
Posts: 67
Joined: Fri Aug 03, 2018

Re: coin star finds...

Postby GtiKyle » Thu Aug 09, 2018

I've checked a few, never have anything in them. Not sure if I'm patient enough to keep looking. I bet my area is well scoured.

User avatar
Purple and Gold
Posts: 8573
Joined: Mon Jul 13, 2009

Re: coin star finds...

Postby Purple and Gold » Thu Aug 09, 2018

escher wrote:They don't have these things in Europe, so I had to look them up. The notion of charging like 9% commission for counting coins seems exorbitant! And going by this thread, the machines don't even seem to work - why do they keep rejecting legal tender silver coins?


Some people are willing to pay for the convenience i guess. Its quicker and easier than having to roll all those coins.
Some banks have coin counters inside, or use to have.
I think some coin machines will separate the silver from the non silver and store them inside the machine.
ImageImageImage

User avatar
bigjohn
Turtle Supporter
Posts: 4492
Joined: Wed Oct 21, 2015
Location: Western Washington

Re: coin star finds...

Postby bigjohn » Thu Aug 09, 2018

Purple and Gold wrote:
escher wrote:They don't have these things in Europe, so I had to look them up. The notion of charging like 9% commission for counting coins seems exorbitant! And going by this thread, the machines don't even seem to work - why do they keep rejecting legal tender silver coins?


Some people are willing to pay for the convenience i guess. Its quicker and easier than having to roll all those coins.
Some banks have coin counters inside, or use to have.
I think some coin machines will separate the silver from the non silver and store them inside the machine.

Also, some machines are free to use if you agree to get paid in gift cards, which is often a win-win. As for rolling up coins, I can see someone paying $9 to dump a $100 worth of pennies. Without a counter, it would take one hours to roll them up, not worth the $9 payout
OPEN A COINBASE ACCOUNT AND BOTH OF US WILL GET $10
https://www.coinbase.com/join/593592a00b8e899741fd9dec

ImageImage Image

User avatar
lucky43113
Posts: 2888
Joined: Sun Oct 25, 2009
Location: USA
Contact:

Re: coin star finds...

Postby lucky43113 » Thu Aug 09, 2018

bigjohn wrote:
Purple and Gold wrote:
escher wrote:They don't have these things in Europe, so I had to look them up. The notion of charging like 9% commission for counting coins seems exorbitant! And going by this thread, the machines don't even seem to work - why do they keep rejecting legal tender silver coins?


Some people are willing to pay for the convenience i guess. Its quicker and easier than having to roll all those coins.
Some banks have coin counters inside, or use to have.
I think some coin machines will separate the silver from the non silver and store them inside the machine.

Also, some machines are free to use if you agree to get paid in gift cards, which is often a win-win. As for rolling up coins, I can see someone paying $9 to dump a $100 worth of pennies. Without a counter, it would take one hours to roll them up, not worth the $9 payout

most banks in my area will not take rolled coins and have a coin counter. They were ripped off putting dimes on the end of penny rolls
Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.---Benjamin Franklin


Image Image Image

User avatar
bigjohn
Turtle Supporter
Posts: 4492
Joined: Wed Oct 21, 2015
Location: Western Washington

Re: coin star finds...

Postby bigjohn » Thu Aug 09, 2018

GtiKyle wrote:I've checked a few, never have anything in them. Not sure if I'm patient enough to keep looking. I bet my area is well scoured.

I walk by the coinstar every time I am in the store. Having little kids means I am at the store at least every other day, sometimes every day. That means no less than 200 times per year that I check the coinstar. Out of 200+ times, I find something, maybe 10 times
OPEN A COINBASE ACCOUNT AND BOTH OF US WILL GET $10
https://www.coinbase.com/join/593592a00b8e899741fd9dec

ImageImage Image

User avatar
escher
Posts: 143
Joined: Sun Jun 24, 2018

Re: coin star finds...

Postby escher » Thu Aug 09, 2018

lucky43113 wrote:most banks in my area will not take rolled coins and have a coin counter. They were ripped off putting dimes on the end of penny rolls

Yeah, I couldn't imagine ever accepting money I couldn't inspect. It's weird though; if I were designing a coin counter machine, I would be filtering the silver out inside the machine and stockpiling it!

User avatar
lucky43113
Posts: 2888
Joined: Sun Oct 25, 2009
Location: USA
Contact:

Re: coin star finds...

Postby lucky43113 » Thu Aug 09, 2018

escher wrote:
lucky43113 wrote:most banks in my area will not take rolled coins and have a coin counter. They were ripped off putting dimes on the end of penny rolls

Yeah, I couldn't imagine ever accepting money I couldn't inspect. It's weird though; if I were designing a coin counter machine, I would be filtering the silver out inside the machine and stockpiling it!

my local bank did that filtered out the silver
Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.---Benjamin Franklin


Image Image Image

User avatar
bigjohn
Turtle Supporter
Posts: 4492
Joined: Wed Oct 21, 2015
Location: Western Washington

Re: coin star finds...

Postby bigjohn » Thu Aug 09, 2018

escher wrote:
lucky43113 wrote:most banks in my area will not take rolled coins and have a coin counter. They were ripped off putting dimes on the end of penny rolls

Yeah, I couldn't imagine ever accepting money I couldn't inspect. It's weird though; if I were designing a coin counter machine, I would be filtering the silver out inside the machine and stockpiling it!

Stealing the coin altogether or having some kind of an elaborate design, replacing the silver coin with clad and only stealing silver value from unsuspecting customers? Or accepting silver at face value?
OPEN A COINBASE ACCOUNT AND BOTH OF US WILL GET $10
https://www.coinbase.com/join/593592a00b8e899741fd9dec

ImageImage Image

User avatar
lucky43113
Posts: 2888
Joined: Sun Oct 25, 2009
Location: USA
Contact:

Re: coin star finds...

Postby lucky43113 » Thu Aug 09, 2018

bigjohn wrote:
escher wrote:
lucky43113 wrote:most banks in my area will not take rolled coins and have a coin counter. They were ripped off putting dimes on the end of penny rolls

Yeah, I couldn't imagine ever accepting money I couldn't inspect. It's weird though; if I were designing a coin counter machine, I would be filtering the silver out inside the machine and stockpiling it!

Stealing the coin altogether or having some kind of an elaborate design, replacing the silver coin with clad and only stealing silver value from unsuspecting customers? Or accepting silver at face value?


no silver the bank got several rolls of pennies in dime wrappers only had a dime on each end
Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.---Benjamin Franklin


Image Image Image

User avatar
escher
Posts: 143
Joined: Sun Jun 24, 2018

Re: coin star finds...

Postby escher » Thu Aug 09, 2018

bigjohn wrote:
escher wrote:
lucky43113 wrote:most banks in my area will not take rolled coins and have a coin counter. They were ripped off putting dimes on the end of penny rolls

Yeah, I couldn't imagine ever accepting money I couldn't inspect. It's weird though; if I were designing a coin counter machine, I would be filtering the silver out inside the machine and stockpiling it!

Stealing the coin altogether or having some kind of an elaborate design, replacing the silver coin with clad and only stealing silver value from unsuspecting customers? Or accepting silver at face value?


Face value of course. It was under those conditions that the counterparty offered it to be changed into paper bills, right?

User avatar
lucky43113
Posts: 2888
Joined: Sun Oct 25, 2009
Location: USA
Contact:

Re: coin star finds...

Postby lucky43113 » Thu Aug 09, 2018

escher wrote:
bigjohn wrote:
escher wrote:
lucky43113 wrote:most banks in my area will not take rolled coins and have a coin counter. They were ripped off putting dimes on the end of penny rolls

Yeah, I couldn't imagine ever accepting money I couldn't inspect. It's weird though; if I were designing a coin counter machine, I would be filtering the silver out inside the machine and stockpiling it!

Stealing the coin altogether or having some kind of an elaborate design, replacing the silver coin with clad and only stealing silver value from unsuspecting customers? Or accepting silver at face value?


Face value of course. It was under those conditions that the counterparty offered it to be changed into paper bills, right?


what do you mean.
Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.---Benjamin Franklin


Image Image Image

User avatar
lucky43113
Posts: 2888
Joined: Sun Oct 25, 2009
Location: USA
Contact:

Re: coin star finds...

Postby lucky43113 » Thu Aug 09, 2018

escher wrote:
bigjohn wrote:
escher wrote:
lucky43113 wrote:most banks in my area will not take rolled coins and have a coin counter. They were ripped off putting dimes on the end of penny rolls

Yeah, I couldn't imagine ever accepting money I couldn't inspect. It's weird though; if I were designing a coin counter machine, I would be filtering the silver out inside the machine and stockpiling it!

Stealing the coin altogether or having some kind of an elaborate design, replacing the silver coin with clad and only stealing silver value from unsuspecting customers? Or accepting silver at face value?


Face value of course. It was under those conditions that the counterparty offered it to be changed into paper bills, right?

i was talking getting 5 dollars for a 50 cent roll of pennies thats theft
Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.---Benjamin Franklin


Image Image Image

User avatar
escher
Posts: 143
Joined: Sun Jun 24, 2018

Re: coin star finds...

Postby escher » Fri Aug 10, 2018

lucky43113 wrote:i was talking getting 5 dollars for a 50 cent roll of pennies thats theft

No; the person offers coins in exchange for bills less commission. If some of the coins are silver, it makes sense to accept them at face value and separate them for sale later, rather than reject them.

User avatar
grantwoodisgold
Gold Supporter
Posts: 1849
Joined: Mon Oct 20, 2014

Re: coin star finds...

Postby grantwoodisgold » Thu Sep 20, 2018

4 clad dimes from the kroger coinstar last night :thumbup:

I saw the 4 dimes in the tray and was thinking "score" then i saw they were clad, still, free money 8-)
"SAUSAGE FLAVORED MEAT PELLETS, GRADE D BUT EDIBLE"
"Better 1 or 2 years early than 1 day late"

silverhead
Silver Supporter
Posts: 2760
Joined: Sat Apr 21, 2012
Location: Taxafornia

Re: coin star finds...

Postby silverhead » Thu Sep 20, 2018

Beats my last "score", i saw a full tray and reached in to scoop it out. It was all nasty pennies and foreign coins, unfortunately they were all cover in some funky gunk chemicals., looked like dried cat puke. I put them on the in store Starbucks counter and went and got hand sanitizer.
ImageImageImage

AGhead
Posts: 1062
Joined: Sat May 17, 2014
Location: recliner

Re: coin star finds...

Postby AGhead » Fri Sep 21, 2018

coin star find at Kroger: A 1976 Canada .25 cent, eh.
Proverbs 27:17 "As iron sharpens iron, so a friend sharpens a friend."


Return to “Burgers and Beers”

Who is online

Users browsing this forum: No registered users and 3 guests