I went to my local Ralphs and checked out the Coinstar machine. It was fill to the brim. Even from a distance I was sure that I saw silver. Sure enough, there it was. An entire 50 coin roll worth of SILVER Roosevelt dimes, dated from 1946 all the way to 1964, including a decently toned 1947-S. Also had some Euros, a Swiss Franc, and some Yen. At the current melt value of $1.19 per coin, this is nearly $60 worth of straight up silver. I've heard legends of this happening, but I never thought it would actually happen to me. This is a lucky Ralphs. In the past I won $40 off a $1 scratcher lottery ticket too!
Impressive haul.... and to think I am happy just to find one or two interesting things in the reject bin....
It has been about a year since I've found even a single silver coin in a conistar. I'm usually lucky to find a penny or nickel. I must have done something really great in a past life to deserve this!
I've never even looked at a coinstar machine. I assume it rejects coins it does not recognize. But why would anyone feeding coins into it leave behind anything it rejected? My instinct would be to retrieve them and spend them. Well, it would have been before I started collecting them. Now I would wonder why and take them home to inspect. Is it really worth spending the time looking at them? Sure, the OP got a nice haul, but how often does that happen?
Those machines make a lot of noise if you have mucho dinero to deposit. So, since they were first timers(assumably) they did not know to check the refuse shoot.
Sometimes people pocket the coins that get rejected. Sometimes they cash them in at the customer service desk. (Once, when silver was much higher, I picked out a dollar or so FV of silver that had been cashed in that way, courtesy of a friendly cashier.) And sometimes people just don't think to check the reject slot. To my mind, if they're dumping their coins into a machine that rakes 11% off the top, they're already displaying poor attention to detail. (Yeah, I know you can get gift cards for full value, but a lot of people don't.)
How often does it happen? Almost literally never. But, then again it does only take a cursory glance over at the machine, which is usually at the entrance or exit. I wouldn't drive around to multiple stores checking, but if I happen to already be going in a store, I will always just glance over juuuuust in case.
Awesome find! Several years ago I found about $2.50 face in the reject tray. Since then, an occasional silver dime and lots of foreign coins. I always look when I'm in a store with one.
Keep in mind that an addict/thief only cares about what cash he can get instantly. A Coin Star machine doesn't ask any questions. He doesn't want to attract attention to himself. He doesn't want to gather all those rejects and look for some business that will risk buying them quietly under the table to avoid the law. The addict needs his fix now! Chris
If you watch the tv show, "Live-PD", you can learn how police officers have become trained to think like the criminals. With all the laws that protect the "perps", it's the only way the police can be successful. Oh! Wait a minute! Aren't you one of those who doesn't own a tv? Chris
Too bad! You don't know what you're missing.......like the OBAMA convenience store where drug-dealing is common or the "Hooker" motel. Chris