Worth Searching Dollar Coins?

Discussion in 'US Coins Forum' started by FTWrath, Jan 29, 2012.

  1. FTWrath

    FTWrath Member

    I work in a very large Supermarket. We have our own coin machine (not coin star) and people seem to be choosing us over coinstar because we offer much lower percent take. This is because we handle all the coins ourselves.
    I spoke to my Customer Service manager and he said they are no longer allowed to sell the coins to customers. Something about us being able to get in trouble dealing with currency selling.
    BUT he said he would gladly let me trade coins.
    I figure, most coin roll searchers wouldn't dump their coins in the machine and take losses.
    So these are people who have happened upon half and dollar coins and simply don't see value in them.
    He said they recently emptied the Half Dollar bag because it was half full (they do at a certain weight) and it only had 2 coins in it from that day. BUT the dollar bag had over 60.
    Should I bother searching it?
    Is it even worth searching the dollar coins?
    I told him I'd definitely take him up on the half dollars but when I looked inside the dollar bag I saw nothing but gold (it wasn't a clear bag but slightly transparent). So more than likely all commemorative.
    What do you guys think?
     
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  3. bradarv90

    bradarv90 Member

    There are errors for modern dollar coins, so if I were you I would
     
  4. lincolncent

    lincolncent Future Storm Chaser Guy


    This all depends.
    Is the coin machine set up to accept silver coins?
    Will it take coins as large as Eisenhower dollars?
    If not, they aren't worth searching as none of the "gold" dollar coins are valuable (unless they are an error, which is a long shot to find). The Susan B.'s aren't either.
    I'd much rather search the quarters, dimes, nickels, and pennies as the success rate will probably be higher.
     
  5. bradarv90

    bradarv90 Member

    But imagine if you found a missing edge or Cheerios coin? That would be awesome
     
  6. benne911

    benne911 Active Member

    I would definitely search the halves seeing that theres only about 60 or so to go through. I agree with lincolncent on the dollar coins, if it only accepts the smaller new coins It probably wouldnt be worth the time.
     
  7. FTWrath

    FTWrath Member

    That's what I thought too. It's actually 60 dollar coins now. Only 2 halfs as they recently emptied it.
    I'll do that then. Search the halfs. I'll ask how many quarters. I don't want to have to buy too many rolls.
     
  8. Snowman

    Snowman Senior Member

  9. fretboard

    fretboard Defender of Old Coinage!

    If I had the opportunity to check 1 dollar gold coins I certainly would. I know it's a long shot as someone mentioned but finding any error is a long shot either way. The OP could find a Cheerio Dollar or a George Washington Dollar without the edge information and that's a fairly good error worth a few to several $20 dollar bills. I'd check them, what else you doing anyways but work. Sounds like a good way to stay happy at the job! :thumb:
     
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