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 Replies: 13 / Views: 658 |
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Valued Member
United States
117 Posts |
My sister-in law has a stash of coinage from a long time ago. She collects her change and tosses it in a big container. With loads of cents nickels dimes and quarters at hand, how should I approach her with an offer to search the stash?
I offered to give her $1 for each roll of pennies sort out. Is that too much to pay for a potential honey pot of cents?
I want to do the same thing with nickels dimes and quarters but I'm unsure what I will offer for each denomination.
If I don't give her a deal, she will probably us a coin star machine at the local grocery store. I'm trying to get her to make money, not lose money.
I would appreciate any advice you all could give.
Thank you mucho
Joanne
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Pillar of the Community
United States
2850 Posts |
If it's just loose change, why not offer to pay face value? That would still net more money than cashing it in at Coinstar. If you find something better after paying face value for everything, just pay the difference in what it's worth.
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Valued Member
United States
452 Posts |
Seems like a sweet deal for your sister-in-law. Not so much for you, though.
I agree with Wheatback.
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Pillar of the Community
 United States
2113 Posts |
Quote:
If I don't give her a deal, she will probably us a coin star machine at the local grocery store. So, you say she is probably going to use a Coin-Star machine. (getting less $$$ than she puts into the machine). But, you want to offer her more money for these same coins...  Time for someone to think this one over.....  |
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Valued Member
 United States
117 Posts |
I guess giving her face value would be a good idea. She would be saving money versus the coinstar. Hmm rethinking the situation. She said she won't be making a decision one way or the other for a while so I got plenty of time to formulate a plan.
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Moderator
United States
54280 Posts |
Advise her Coinstar will give her $88 for every $100.
Tell her you will give her $100 for every $100.
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Bedrock of the Community
United States
19108 Posts |
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Bedrock of the Community
United States
10470 Posts |
Quote:
My sister-in law has a stash of coinage from a long time ago. How "Long" ago? Some people think the 60's was long ago and others think the 1800's is long ago. |
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Moderator
United States
15381 Posts |
Agree with the others ... with the modifier that you offer her face value only if you believe there is something of value in the stash. Otherwise you are stuck with the $88 for $100 Coin Star redemption problem.  Take a look at my other hobby ... http://www.jk-dk.art |
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Moderator
United States
94636 Posts |
Quote:
How "Long" ago? Some people think the 60's was long ago and others think the 1800's is long ago. that was my thought - how far back (in dates) do they go? |
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Bedrock of the Community
United States
73579 Posts |
WheatBack's advice is perfect. I agree.
Errers and Varietys.
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Pillar of the Community
 United States
2330 Posts |
Quote:
If it's just loose change, why not offer to pay face value? Better than a gift card. Good luck! smat |
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Valued Member
United States
117 Posts |
@dearborn The coins are modern. They come from her change when she buys stuff. I'm going to give her face value, which I think is the best option.
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Pillar of the Community
United States
7933 Posts |
Is your collecting goal to fill type and date sets for modern U.S. coins?
Edited by tdziemia
03/06/2026 10:59 am
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Replies: 13 / Views: 658 |
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Posted 03/03/2026 2:49 pm
