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Heart Broken - Missed Coinstar Opportunity

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mike31093's Avatar
United States
354 Posts
 Posted 09/26/2023  3:28 pm Show Profile   Bookmark this topic Add mike31093 to your friends list Get a Link to this Message Number of Subscribers
Wife and I are at the grocery store, just entering the building when I notice an attendant removing a HUGE bad of coins from the Coinstar machine.

So I ask "Are you taking that bag out?" "Yes" she replies.

"How much is in that bag" I ask. "Bag says $50" she answered.

"Can I buy the bag?" I ask. "I'll have to ask my manager" she says.

Manager says "No". BUMMER! I think they need a receipt from a bank.

Bag looked like all pennies and was about the size of a basketball. I can only imagine what treasures it held. Sob...
Pillar of the Community
United States
2829 Posts
 Posted 09/26/2023  3:38 pm  Show Profile   Bookmark this reply Add coin rejector to your friends list Get a Link to this Reply
Yep, people have no idea what they're dumping into the Coinstar machines. Awhile back, I was walking through the local grocery store, walked by the coinstar, saw something really shiny in the reject slot.... it was a '57 dime. I took it.
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jbuck's Avatar
United States
187469 Posts
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chafemasterj's Avatar
United States
6514 Posts
 Posted 09/26/2023  4:03 pm  Show Profile   Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
Huge bummer! Like JBuck said, at least you tried.
Check out my counterstamped Lincoln Cent collection:
http://goccf.com/t/303507
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jpsned's Avatar
United States
2200 Posts
 Posted 09/26/2023  6:09 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply
I had better luck a couple of weeks ago at the grocery store. As I always do, as I was leaving, I checked the Coinstar machine and I saw a pile of change sitting in the reject bin.

I quickly pocketed it and when I got home, I found myself with about eight dollars in Roosevelt dimes. Nothing rare or silver or anything, but I was $8.00 richer!

Quick question: Why would the machine reject normal dimes?
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Dearborn's Avatar
United States
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Errers and Varietys's Avatar
United States
73579 Posts
 Posted 09/26/2023  11:14 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Aw man. That's a bummer. At least you tried.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 09/27/2023  05:21 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The attendant was acting on behalf of another collector, who may have well been the manager.

You were never going to be fortunate on that one.
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jbuck's Avatar
United States
187469 Posts
 Posted 09/27/2023  11:38 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I quickly pocketed it and when I got home, I found myself with about eight dollars in Roosevelt dimes. Nothing rare or silver or anything, but I was $8.00 richer!
Very nice!
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n9jig's Avatar
United States
996 Posts
 Posted 10/01/2023  4:13 pm  Show Profile   Bookmark this reply Add n9jig to your friends list Get a Link to this Reply
I would be very surprised if CoinStar employees were allowed to sell bags to people at the machines for several reasons.

Security. The transaction itself is gonna get weird and they may not be allowed to handle cash in that manner.

They may have some sort of contracts with various stakeholders such as the host store and end purchasers of the coins themselves. There business model is to provide counted coin to distributors and not to sell coins at retail like this.

Are the bags segregated at this point? Are pennies mixed with other coins and sorted elsewhere? Are copper and zinc coins separated here?

Are the bags actually counted at $50? This I don't know. If so then it could be done if the other factors are solved. It could be that the bags are filled more by weight or to a certain height and not by count. I know some places do handle this stuff by weight but that might not be practical with US pennies due to the difference in weight from pre and post 1982 pennies. Other coins (post silver) retain their weights so could be fairly accurately counted by weight. Heck, they could do dimes, quarters and halves this way since their weights are proportional to each other's values. (A half dollar is the same weight as 5 dimes...)
Edited by n9jig
10/01/2023 4:16 pm
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sel_69l's Avatar
Australia
21786 Posts
 Posted 10/01/2023  11:22 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The attendant not acting on behalf of Coinstar but the store manager or employee, who just happened to be a collector.

A conversation may well have been:
"Have a quick look in the bag before I dispatch it".
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