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 Replies: 9 / Views: 1,523 |
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Pillar of the Community
United States
4867 Posts |
Yesterday a co-worker accepted some coins that wouldn't go through the Coin Star machine from a customer. The customer brought the coins to him that didn't go through. Anyways they were silver 1998 proof coins of the half, quarter, dime, and a nickel. How bazaar is that? Anyways he bought the coins for face value from the till.
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Moderator
 United States
23522 Posts |
I just_don't_get how someone can dump stuff into a Coinstar and not check the rejects - you can hear them hitting the outfeed.
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Valued Member
United States
449 Posts |
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Pillar of the Community
 United States
4867 Posts |
The guy did get the coins from the reject shoot. But then he took them to the cashier and told him they wouldn't go through so he swapped them out.
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Bedrock of the Community
United States
17884 Posts |
Quote:
I just_don't_get how someone can dump stuff into a Coinstar and not check the rejects - you can hear them hitting the outfeed. Probably they assume that if they are rejected that they are no good. Why keep a bunch of no good pieces? (Don't complain, just clean up after them.) |
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Pillar of the Community
United States
1913 Posts |
Those proofs were either stolen or given to someone who is clueless and doesn't appreciate what he was given. Nobody who purchased proof sets themselves would break them out and spend them. Well, perhaps if they were on crack, but that's about it.
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Pillar of the Community
United States
1911 Posts |
At the very least I would give the proofs I don't need as gifts... which I may have to do if the few I have up for sale don't sell! I would never put them in a coin counter, though. Oh well good for your friend!
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Moderator
United States
187914 Posts |
Your coworker has some nice acquisitions!  Quote:
Don't complain, just clean up after them. Sounds like good advice. I have still not been lucky enough to find anything in the reject slot of my nearest machine. |
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Bedrock of the Community
United States
17884 Posts |
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Nobody who purchased proof sets themselves would break them out and spend them. Coin dealers do sometimes. Back when I used to frequent the LCS I would sometimes receive proofs in change. Often when they buy sets and break them up for the high grade pieces they really don't have anything in the rest of the coins and they are not worth the time effort and expense of trying to sell them (Profit from sales will not equal expense) so they toss them in the cash drawer. (Surely I'm not the only one who has seen this.) |
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Moderator
United States
187914 Posts |
You are not. I have never received a proof in change (from a dealer), but have witnessed it at coin shows. It is not a total loss since it generates buzz for that dealer.
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Replies: 9 / Views: 1,523 |
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Posted 04/10/2015 11:08 am
