The Coinstar Conspiracy.

Discussion in 'Coin Chat' started by Detecto92, Apr 25, 2012.

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  1. Detecto92

    Detecto92 Well-Known Member

    I have spent quite some time researching this.

    We all know those big green coinstar machines. Willing to take your change and turn it into cash, for 9 cents on the dollar.

    However, here is the conspiracy.

    While this is unconfirmed, several people have talked to the people who maintain the coin star machines in different states.

    I can say after reading that the truth of this is pretty solid.

    As you may know, there is a "reject bin" on the door of the coinstar machine.

    However, there is also one INSIDE of the machine.

    There is a 3rd party agency who keeps these coins, they have a contract with CoinStar.

    I have read over 10 people, on numerous forums, seeing the inside of the machine.

    So there is with little doubt a internal reject bin on there.

    Coinstar does not keep the coins, but instead sends them to a "3rd party agency".

    As a matter of fact, for 3 people who saw the inside of the machine, the "service man", would not even allow them to see inside this 2nd reject bin.

    I am doing more research on this, but I can tell you with almost 100% certainty.

    1. There is a internal reject bin inside the machine.
    2. The contents get sent to a "3rd party agency", who has a contract with coinstar.
    3. The contents of these internal reject bins must contain silver coins or other coins, because no one is allowed to see the contents.
    4. Large dollars, like "ike dollars" are not rejected, or counted.
     
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  3. jhinton

    jhinton Well-Known Member

    I would believe you, but I am wearing my tin foil hat so I am impervious to crazy ideas.....
     
  4. Detecto92

    Detecto92 Well-Known Member

    Not a crazy idea at all. I actually captured this photo today.
    [​IMG]

    As printed, if you accidentally put a "large dollar" in there, it probably won't give it back.
     
  5. rickmp

    rickmp Frequently flatulent.

    And your reliable sources are...?

    My tin foil hat is at the cleaners. I hope I can hold out until it comes back.
     
  6. Detecto92

    Detecto92 Well-Known Member

    I don't have a "reliable source".

    But...it says right on the machine "silver dollars", steel cents, and world coins "may not be returned".

    Several people have mentioned an internal reject bin. I don't think they would make this up.
     
  7. rickmp

    rickmp Frequently flatulent.

    Proof positive! You've done it again, Detecto. You are my hero! Now tell us all about the WTC and 9/11 conspiracies.

     
  8. coreymon77

    coreymon77 New Member

    oh, because people never, ever make up things that they say on the internet.
     
  9. rickmp

    rickmp Frequently flatulent.

    I read it on the interweb, it must be true.
     
  10. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    Not true... The service techs empty this internal catch. I have a coin star tech as a customer. The tech empties it and then the contents are processed and what is cash able is cashed in and I have no idea what happens to the rest.... But my tech sells me silver dollars and silver eagles every once and a while...
     
  11. rickmp

    rickmp Frequently flatulent.

    Maybe you know who killed Kennedy and where Jimmy Hoffa is, too.
     
  12. Blissskr

    Blissskr Well-Known Member

    The machines don't keep 90% silver coins oddly except they do keep 40% silver coins and they will keep Ike dollars and 40% without giving any credit in my experience. However retailers unless lying to you or for some strange other reason should have keys to open the machine and access the internal reject bin and give you back your coins not counted and kept at least where I once worked did. I worked a part time job before in a grocery store and did this many times for people. But we didn't have the keys to get into where the other counted money is kept only the pick up company had those keys.
     
  13. snapsalot

    snapsalot Member

    The silver gets counted and does get separated into another bin.

    Its hardly a conspiracy its obvious.

    They give you 9 cents of credit for a silver dime.

    Believe me they have no need to cheat you as you are already cheating yourself by dumping coins for 9 cents on the dollar.
     
  14. rickmp

    rickmp Frequently flatulent.

    Detecto, why do you keep setting yourself up like this?
     
  15. Detecto92

    Detecto92 Well-Known Member

    http://www.911blogger.com/node/5327

    S
    tart reading. If you think 9/11 took place without any "help", you are a sad...sad man.
     
  16. gboulton

    gboulton 7070 56.98 pct complete

  17. jhinton

    jhinton Well-Known Member


    And just when I thought Detecto couldn't dig the hole any deeper.....
     
  18. rickmp

    rickmp Frequently flatulent.

    I'm not going to get sucked into that argument. This is not the right forum.
    You made an allegation of a conspiracy, it's now your obligation to prove your allegation.
    I know that you cannot and will not prove it. And if you cannot and will not prove it,
    I'd like to know why you raised it. It's a pretty serious allegation, and I think that CoinStar
    would go to many lengths to defend their reputation. You do know that you are not really
    anonymous here, don't you?
     
  19. Kasia

    Kasia Got my learning hat on


    Can you email me one? I am in bad need of it STAT!
     
  20. JCB1983

    JCB1983 Learning

    It wouldn't surprise me if you are right. Profit maximization is a powerful giant that will squeeze every last cent out of somebody. The could roll it into their 9% fee charge per dollar. On the other hand it would have to be some pretty advanced technology to decipher between kicking some silver back and not kicking back any.
     
  21. Detecto92

    Detecto92 Well-Known Member

    I don't think people made it up...why would they?

    It's one think to make something up that would be a "big deal", but it's not really worth it to make something like that up.

    As lost dutch man said, there IS a internal reject bin in the CS machine.

    4 people, from 4 different forums, all said something along the lines of "the technician would not let me see the contents of the inside bin, nor let me purchase anything."

    2 people said that CS has a contract with a 3rd party agency to send the contents to.

    I do have photographic proof of:

    1. The coinstar machine may not reject steel cents, world coins, and silver dollars. (Dunno if they mean silvered colored, or made of silver).
    2. If it the photo also says the may not get counted, or returned, then they HAVE TO go somewhere.
    3. Since the top 2 are photographically evident, then I can back up my claim of "the coinstar machine has an internal reject bin."
     
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