Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Vancouvers #1 Coin and Paper Money Dealer Royal Estate Auctions - $1 Coin AuctionsRoyal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Usage Of Coinstar For Coin Collectors

To participate in the forum you must log in or register.
Author Previous TopicReplies: 9 / Views: 2,158Next Topic  
Pillar of the Community
Petersun's Avatar
Canada
1700 Posts
 Posted 05/03/2012  10:24 pm Show Profile   Bookmark this topic Add Petersun to your friends list Get a Link to this Message Number of Subscribers
Hello. Recently, I have heard several times that some people have found intersting finds form Coinstar. I have one at my local Safeway, by there's a fee of 11% (which is a lot) for a single use.
Do you have any idea how to use it and what it is good for a coin collector?
Any ideas on rates?
How about the ones in the United States?
Is it also true that counterfeits are common in this machine due to the reason that no one would look at your coins before you insert them?

Thank you for reading
I look forward to hearing your reply with great anticipation
Pillar of the Community
United States
593 Posts
 Posted 05/03/2012  11:02 pm  Show Profile   Bookmark this reply Add santafeboy to your friends list Get a Link to this Reply
The only good thing about coinstar is the reject tray Why would you let these sharks hose you down for 10% or more of the coins your dumping. I have found $20 or $30 in modern US change, a jar full of foreign coins and numerous wheat cents as well as around 7 or 8 silver US dimes since I started checking them Everytime I go to the supermarket the coinstar reject tray is my 1st stop
Pillar of the Community
Wade's Avatar
Canada
2781 Posts
 Posted 05/03/2012  11:47 pm  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
the reject tray is just sitting in the open? wouldn't last 2 seconds in my neighborhood !
Pillar of the Community
kuh_85's Avatar
Canada
2366 Posts
 Posted 05/04/2012  12:31 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
Probably your best bet would be to get the franchise to own and operate one!
Pillar of the Community
darryldarryl's Avatar
Canada
2427 Posts
 Posted 05/04/2012  12:33 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
I have pulled silver coins and lots of foreign coins from the reject tray as I just pass by.
Valued Member
Canada
56 Posts
 Posted 05/04/2012  2:54 pm  Show Profile   Bookmark this reply Add WCP to your friends list Get a Link to this Reply
Would love to get the coinage from one of those machines. I to have one at my Safeway and the kids run to see if they can find anything in the reject tray. Most of the time they get more out in the parking lot from returning shopping cart for the quarters.
11% is robbery when some credit unions charge 5%
Pillar of the Community
copper nickel daddy's Avatar
United States
2224 Posts
 Posted 05/04/2012  5:01 pm  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
Always finding "goodies" in those reject trays! Like mentioned above, CoinStar machines are my first stop in any store I go into.
Pillar of the Community
Petersun's Avatar
Canada
1700 Posts
 Posted 05/04/2012  7:28 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
What do you mean by the reject tray?
Pillar of the Community
VisigothKing's Avatar
United States
4778 Posts
 Posted 05/04/2012  7:57 pm  Show Profile   Bookmark this reply Add VisigothKing to your friends list Get a Link to this Reply
The slot that the machine kicks rejected coins into.
Valued Member
Canada
56 Posts
 Posted 05/04/2012  8:01 pm  Show Profile   Bookmark this reply Add WCP to your friends list Get a Link to this Reply
The reject tray is like a coin return on vending machines but on coinstar it spits out the coins it will not except. Some people just do not look there when finished
  Previous TopicReplies: 9 / Views: 2,158Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.25 seconds to rattle this change. Forums