Reject Tube & Coinstar Finds

Today I found a 1943 copper cent, too bad it was canadian, lol ! ! !

 

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Still an ok find.

 

I had a huge find / purchase today...

I went into the grocery to pick up a couple things. I always check the coinstar machine. I walk by and notice that it's open. The clerk is clearing a bunch of Ikes that had jammed it up. I notice a bunch of silver sitting there as well. I ask the man using the coinstar "do you know those are silver?" He say "yes". I ask if I can buy them. He agrees.

Long story short... His father had passed and he was cashing the coins out. Most were cents but a bunch of other coins as well. We go through what was not already in the machine and I purchased this from him:

60 common ikes
52 silver quarters
27 silver dimes
20 90% kennedys
5 40% kennedys
2 war nickels
9 dateless buffalo nickels
3 wheat cents
6 steel cents
and a handful of other, mostly, world coins and he gave me the bag.

I gave $280 for the lot. Good thing there was a cash machine next to the coinstar. A good deal for me and a good deal for him. He didn't want to deal with a shop and I paid less than a shop would sell for... a Win Win. He was going to dump them for face value anyway. I wonder what was already in the machine. It was kicking out silver but may have been keeping some as well. Who knows how many wheat cents went in? No time to look for them at the time.

 

That is an awesome score.
In addition, I think you were extremely fair in paying that amount. Totally a win win situation.
Wow Wow Wow. Congratulations
Love those Mercs

 

My wife is a mngr at walmart. She had to open the coinstar this evening as it was jammed. Brought me home 3-1964 roosies, 1-1949 roosie, 1-1953 washie and 4 clad ikes.

 

Awesome score! Tons of silver
Any key/ semi key dates?

 

Nice! '49 is a tough Rosie to find in the wild

 

It doesn't look like it after a quick search. Will check more closely when I have time.

 

Yup, I had a similar experience right when I was getting back into the hobby. The guy only wanted face ($25 or so FV of silver), and I didn't have cash (was traveling), so I got him two $100 gift cards for the grocery store we were in.

He was so happy, he took me back out to his car and gave me a few more silver dollars. One was a 1928-P (VF details, scrubbed). I didn't catch on that it was a key until I got back home and started looking up dates.

But if you spend your whole day watching the CoinStar waiting for something like this to happen, do they thank you for helping people get a fairer price for their coins? No. They're all "loitering" and "creepy guy hanging around the machine"...

 

Grocery store coinstar today:

US - 5 cents, 5 dimes (one is a 63-D)

CAD - cent and quarter

5 cent euro

 

3rd lifetime silver Coinstar find today, 42 merc. first two were roosies.

 

95c in USAsian change, 20c Canadian and a German Euro cent.

 

Machine #1 was chock full of coins this afternoon...
2 Quarters
7 Dimes
1 Nickel
10 Cents
1 Canadian Quarter
1 Canadian Dime
1 Japanese 100 (Yen?)

And there was one clear winner out of the batch...

 

Today I found a 1964 canadian half dollar, 9 wheat pennies, a 2005 buffalo nickel, a 1930 buffalo nickel, and a 1947 dime.

 

Has anyone asked the question: "Who do these 'reject' coins really belong to?"

 

Not exactly what you're asking, but here's a thread where I asked about the "inner reject tray" at a bank/credit union...

 

Abandoned property.

 

That could be, but it doesn't seem the same as finding a nickle on the street. It seems more akin to metal detecting on somebody's property. The coins are on private property (grocery store) and in a machine that is owned by somebody. I don't know the answer and I am not a lawyer, but I bet if someone challenges a person in the act of cleaning out a reject bin, that someone might have a good argument that someone else has a legitimate claim to the money.

 

That thread addresses a similar question, "Who owns the reject change in a bank sorting machine?" I guess that answer to that is either the bank or the machine owner. But it doesn't address a third party cleaning out the bin.

 

That's odd, because that was exactly why I started that thread... ;-)

I had been emptying out the reject tray in a credit union (with the CU's permission) and the guy who serviced the machine told them they weren't allowed to do that.