1867 No Rays Shield Nickel Found In Coinstar Reject Bin

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Author	Replies: 27 / Views: 7,530	Page: of 2
DNA Pillar of the Community United States 2734 Posts	Posted 11/16/2009 6:50 pm I convinced a store manager to open up their CoinStar machine, after I found this in the reject bin! I was also able to save 211 common-date Wheat Cents and 57 No-Date Buffalo nickels (some mintmarked!) from oblivion. The 1867 date on the obverse is more visible 'in hand' than in this scan. Report this Post to the Staff

Moe145 Pillar of the Community United States 8904 Posts	Posted 11/16/2009 7:33 pm Nice! Who throws these coins away? Report this Post to the Staff
bwbollom Valued Member United States 293 Posts	Posted 11/16/2009 7:37 pm Wow! Nice find! Report this Post to the Staff
nolawyer Pillar of the Community United States 763 Posts	Posted 11/16/2009 7:45 pm That's crazy. I didn't think it would be possible to find a Shield nickel in circulation. Report this Post to the Staff
DNA Pillar of the Community United States 2734 Posts	Posted 11/16/2009 8:55 pm Quote: nolawyer: I didn't think it would be possible to find a Shield nickel in circulation. I would have posted this in the Main Coin Forum's "Interesting Finds From Circulation" thread, except that I define my 'circulation finds' as 'received in change from a retail transaction', which is not the case here. Indeed, I also thought it to be virtually impossible to acquire a Shield nickel outside of a 'collector transaction'. However, had I not asked the store manager to open the CoinStar machine (showing him the Shield nickel!), it is almost certain that 211 Wheat Cents and 57 No-Date Buffalo nickels would have entered circulation. Quote: Moe145: Who throws these coins away? "A man in his 70's or 80's with an old red (Folger's?) coffee can." (is what I heard from a store employee) Edit: When I saw that Shield nickel, I was wondering if someone had dumped other 1800's coins such as Seated Libertys, Barbers, Morgans, etc. in there, and I was waiting on pins & needles for the manager to come and unlock the thing! That was not the case, but the large quantity of Buffalos and Wheaties was interesting in itself... Edited by DNA 11/16/2009 10:54 pm Report this Post to the Staff
DVCollector Bedrock of the Community United States 10045 Posts	Posted 11/16/2009 8:58 pm Cool find! Report this Post to the Staff
DNA Pillar of the Community United States 2734 Posts	Posted 11/16/2009 10:41 pm My oldest "received in change in a retail transaction" find is the AG-3 1904 Liberty nickel that I got around twenty years ago. I did get this 1938-D Buffalo last May from a grocery store roll. Some would also define that as being 'found in circulation', but to me it's "found in a roll at face value". Report this Post to the Staff
daviscfad Pillar of the Community United States 4541 Posts	Posted 11/16/2009 10:48 pm I love it, nice find! Report this Post to the Staff
The Silver Machine New Member United States 44 Posts	Posted 11/17/2009 12:59 am was he able to open up the steel boxes the coins go into ? or was it a different type of coinstar than I'm used to Report this Post to the Staff
Parklane64 Rest in Peace United States 2668 Posts	Posted 11/17/2009 05:27 am Gads, I wish I had that much charm. Report this Post to the Staff
MattDrew Valued Member United States 146 Posts	Posted 11/17/2009 06:47 am So how did you convince the manager to open the machine? since they were in the reject bin would they throw them away, or did you have to buy them for face? I should try to get a part time job with CoinStar emptying machines, could you imagine what you would find? How does the machine store them? are they stacked so you can scan the rims? That would be like shooting fish in a barrel. Report this Post to the Staff
daviscfad Pillar of the Community United States 4541 Posts	Posted 11/17/2009 10:38 am i think he is talking about the reject tray that is visible on the outside of the machine. Report this Post to the Staff
MattDrew Valued Member United States 146 Posts	Posted 11/17/2009 4:23 pm Oh, ok. I need to go check the one up the street then. Report this Post to the Staff
DNA Pillar of the Community United States 2734 Posts	Posted 11/17/2009 9:55 pm 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 Report this Post to the Staff
copper nickel daddy Pillar of the Community United States 2224 Posts	Posted 11/18/2009 08:09 am 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. Report this Post to the Staff
pls Rest in Peace United States 1729 Posts	Posted 11/18/2009 09:37 am 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! Report this Post to the Staff
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