Can someone tell me how to get rid of dirty or corroded coins, like pennies? Can you bring them to a bank and tell them they are damaged or should I just dump them in a coin machine? Thank you for your help.
I had a bunch of pennies that had started to corrode and turn green, I just took them to a coin star machine and it took them after several times from the rejecting, lol.
Gipper here is an example of what i did last year from coins found outside http://www.lincolncentresource.net/forums/showthread.php?t=3775 everyone is different on what they do. some just push them in a coin counting machine to see if they take. i heard that some put coins in rock tumbler. for myself - i do the cheap method - i shake the heck out of the coins in a bottle - it usually does the trick - some coins might need T.L.C. you can read the rest.... with the bank question - im not sure of their policy on mistreated coins- i bet they would have to draw the line someplace - probably a coin counter is the best bet - some counters have stipulations not to put in dirty or wet coins- i guess its frowned upon - Snowman
Many interstate rest areas have charitable donation boxes, My guess would be that charities would like the money no matter what condition it is in. Just an idea..
As long as the coins are identifiable by denomination a bank will take them. They in turn return damaged coins to the Fed which replaces them them and destroys the damaged coins.
Any dented, corroded, etc types of coins I just take in bulk to a bank that accepts coins. Even if pulled off to the side, they stil take them all.
Don't put the in a rolling or rock tumbler that spins. You can use a vibratory tumbler the same kind that is used to clean brass for reloading, along with walnut shells, corn cob or other light duty media, saw dust and wood chunks. You wood have to keep an eye on the coins so you only clean them. But if you aren't planning on using them in the collection. as been said you can coin star em or roll'em and bank em.
Make that should take them and I will agree. A lot of banks will refuse them because they just don't want to fool with the redemption process.
