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 Replies: 27 / Views: 7,532 |
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Pillar of the Community
 United States
2734 Posts |
Quote:
Was he able to open up the steel boxes the coins go into ? The store manager had access to the keys to get into those. I had to wait for him to get them out of the safe. The store is a 'CoinStar partner', so they can use the machine for their own coin counting, without the 8.9% vig that customers are assessed. And yes, I found the Shield nickel in the 'reject tray' on the outside of the machine. If the person cashing in the coins doesn't check the reject tray after they dump in the coins, then anyone can get their rejected coins. Some of our other members search these reject trays. I got a rusty 1943 Steel Cent from a tray once!  I paid face value for the Wheaties and No-Date Buff's, and bought the manager lunch! This made me late to return to my work, but I showed the Shield nickel to the big boss and explained that I thought that coin justified my asking them to open up the machine. Even at work, all agreed that this was an extraordinary find! It is quite possible that the old man didn't realize that the Shield Nickel was in the coffee can with his no-date Buffalo nickels. The big boss asked me why the guy didn't try to sell the coins to a coin shop, and for that I have no answer. There are shops all over Denver that will pay you 2 or 3× face for common Wheaties and no-date Buffalo nickels...  22 of the 57 Buff's are mintmarked, 14 are "D" and 8 are "S". Usually, the no-date Buffalos found in dealers' bargain bins are 'no mintmark' as well.... Edited by DNA
11/17/2009 10:12 pm
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Pillar of the Community
United States
2224 Posts |
Super Find!!
Best ever from a CoinStar for me was a 1964 Dime, and that made my day! I see a container of Nic-A-Date in your future! Let us know what the restored dates of those Buffalos are.
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Rest in Peace
United States
1729 Posts |
I may have posted this elsewhere, but the best find for me from a 35-pound bag of CoinStar rejects was an 1857 half-dime. I've also found a number of 19-century coins, mostly French, Belgian, and English, not to mention more modern coins from all over the world. In the same bag was a nice collection of guitar picks, nuts and bolts and washers and paper clips and other dross, charm bracelet charms, and almost anything else that you can imagine, including a wad of pocket crud and dirt.
Bag searching may be the dumpster-diving of coin collecting, but it has been quite fun and profitable for me!
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Pillar of the Community
United States
2541 Posts |
Congrats, I know we had all been waiting with baited breath for a while to see someone find one of these.
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Pillar of the Community
United States
2734 Posts |
Quote:
I see a container of Nic-A-Date in your future! I prefer vinegar, myself. I had a 1913-S Type 2 in my 'circulated Nickel finds' box for 20+ years (yes, it was received in my change long ago), and didn't know it, until it took a month long bath in vinegar last year! I was looking at all the braids on the Phillies with a loupe, checking for a 16/16 DDO... Quote:
...an 1857 half-dime... The Shield nickel was rejected for its .7mm smaller diameter (20.5mm, vs. 21.2mm for 1883-current Nickels), so of course the Half-Dime would also be spit out.... |
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Valued Member
United States
436 Posts |
Wait!
So let me get this straight. You can go into a store that has a coinstar machine and get the manager to open it up.
The Machine has a separate compartment inside for bad coins other than the chute on the outside.
And then if you find something you only have to give them face value for it?
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Valued Member
United States
436 Posts |
Please someone explain this to me in more detail
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Pillar of the Community
United States
2734 Posts |
The only place that the rejected coins go to is the outside tray. All of the coins that are accepted go into the main metal coin box. The Buffalo nickels and Wheat Cents were all accepted by the machine. They were sitting on the top of the pile of coins and were easy to pick out (obviously, no coins had been cashed in after them). I may have missed a couple more of them that fell in deeper with the other coins, who knows? They wouldn't have had any obligation to open up the machine on my behalf, or sell me any of the coins, if they had not wanted to. I would have gladly paid them 2×face for those no-date Buffalos and Wheaties, but I offered to pay face value and they agreed. My paying face value covered the store for the value of the redeemed Cents and Nickels, and I bought the manager lunch as a thank-you for his effort on my behalf! |
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Pillar of the Community
United States
4846 Posts |
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Valued Member
United States
436 Posts |
DNA, Thank you SOOOOOO SO SO SO much, I'm going to go around to different places I know that have those machines day after tomorrow and try to see if they will let me search through.
This is awesome info
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Pillar of the Community
United States
2734 Posts |
Keep in mind that not all of the stores that have a CoinStar machine have 'store access' to that machine. There are also two kinds of CoinStar machines, the smaller kind and the larger kind. I suspect that the larger machines are emptied only by CoinStar personnel, while the smaller machines are used by 'CoinStar partners' who can use the machine to count coins for the store's business purposes (surcharge-free). In this case, the machine was at a grocery store, so they obviously benefit from having a machine that they can use to count the coins that they tender during the course of business. Also, remember that I had an 1867 Nickel in my hand to show the grocery store people, and even non-collectors are impressed by a coin of that age. I may have not bothered to try and persuade them to open the machine, if not for that I was having terrible suspicions that a bunch of Seated Liberty-era coins had just been cashed in, and that I could have made the greatest CoinStar 'save' ever in the history of numismatics!  |
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Valued Member
United States
462 Posts |
After reading about the CoinStar attribute of silver rejection, I hurried on over to the one nearest my home. Sitting on top was a nice 1959 quarter. A few days later I found about a dollars worth of change in the a reject bin of a non-CoinStar machine including two PGA Club tokens and a 1936 LWC! |
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Pillar of the Community
United States
952 Posts |
lol.....now I am gonig to check the reject bin every time I go by a machine....this is great news
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Valued Member
United States
97 Posts |
I cant belive some of these finds...I too will be going by my coinstars and the like in hope of finding something nice  |
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Valued Member
United States
111 Posts |
Great finds. After reading the threads this past week finding these "rejects" seems more commmon than I would have thought.
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Replies: 27 / Views: 7,532 |
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First Page
Posted 11/18/2009 08:09 am
