These 3 coins were given to me by someone who knew I collected coins. The pics are poor, took quickly. He found them in the "reject" slot on a coinstar machine. The sad part is whoever tried to cash them in, most likely stole them. Who knows what went into the machine and paid out 92 cents on the dollar for the coins it accepted. I grade the seated liberty good with a scratch, the Barber and Walker G/VG. Keep in mind the pics are poor. None of the coins look cleaned. You grade comments are welcome.
Difficult to tell the grade so please send those to me so I can see them better. :smile WOW is the word for that. AND that person was going to get less than face value for them too. Not sure about the grades but all are really nice.
Nice coins! Unfortunate to think that these almost were lost to coinstar and stolen. It is nice though that they found their way back to someone who would appreciate them instead of being dumped for $.42
you lucky dog . Honestly I think the coinstar machines always reject those, so probably nothing good went in. One time a couple years ago I was going into the store when I noticed the coinstar reject tray had a lot of coins, no one was even close so I knew whoever put them in had left them In the handful, was about 15 pre 1964 dimes.
You know with 1964 dimes that it could have been a mistake, but with the halves above - no doubt it was a residential burglary - probably by someone known to the collector they were pilfered from. Coinstar is a lot more anonymous than taking them into a pawn shop or coin shop. I have been in shops when someone came in that obviously knew nothing about what they were selling and their mannerisms etc suggested that something was amiss and the coin dealer would send them packing - he doesn't want to get caught buying hot materiel.
It doesn't have much to do with getting caught buying stolen goods. What it has to do with is that if goods are indetified as being stolen, they are then confiscated by the police and returned to their rightful owner. This leaves the dealer standing there holding an empty bag and he is simply out the money. That's what he doesn't want to risk. There is very little, if any, legal risk to the dealer unless he makes it a habit to purchase stolen property and is known to the police a fence. Only then would any legal action be taken against him. Otherwise the police just take the coins and leave him alone.
$50, I have a few friends who are in positions involving handling of cash. They are great "bird dogs". Most of the time I get world coins, which I pay face plus 10%, which is often more than what they are worth. Every now and then I get something interesting. This is the best prize yet. The friend was very excited to get the $$. I suspect he/she will look even closer from now on, also spread the word with co-workers to look also.
Not sure about other areas but around me home invations are really common due to the economy and just a high crime rate. As coins are stolen, as a rule the criminals have no idea of their values and could care less. If your on drugs the necessity to get cash for those drugs makes it mandatory to just dump coins anywhere you can. Lots of them end up in pawn shops, some at flea markets but a great place to get rid of coins is those machines in many stores. And no questions asked. In my neighborhood there have been several such robberies and the ability of coin recoveries is completely out of any possibility. No one ever asks at a flea market, pawn shop, coin store, coin show where the coins came from. No one I've ever heard of requests any documentation from where or who had these coins last. Of course this is true about guns, knives, computers, TV sets, and almost anything else. I'm sure there are a lot of people finding all sorts of coins in change from those machines and banks. Most people never say anything about that though for a just in case situation. Remember there are 300,000,000 people in the USA now and not all of them are on this forum so what you hear is a real, small, tiny fraction of what is found. Sure would be interesting to find out where those coins were last though.
