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Coinstar, and other counters, why reject silver?
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<p>[QUOTE="Blaubart, post: 1649423, member: 37498"]Or, they might have known, but it was too much of a hassle to accomodate.</p><p><br /></p><p>For example, one course of action would be to give the customer credit for the face value of the silver, but keep the silver in a separate bin so they could sell them for more money. But then they'd have to design and build that capability into their machines and who knows how long this will last. Eventually, finding silver coins in circulation is going to fade away. Plus, there's the PR nightmare if the public discovered such a nefarious activity.</p><p><br /></p><p>Or, they could just accept them and give the customers face value for them and sell them to the bank at face value. It could be that they chose not to do this for the benefit of the customer.</p><p><br /></p><p>I think the best thing to do is what they're doing now. Just reject them. It's not like they don't give you a bunch of notices to check the reject tray. They tell you when they reject a coin, they tell you randomly thoughout the counting process, and they remind you again when you're printing your receipt. Heck, if you're going shopping at one of the places they offer gift cards to, it might be an efficient way of roll searching. Wouldn't that be funny? A guy sitting at the CoinStar machine tearing open rolls from the bank and feeding them into the machine. :too-funny:[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 1649423, member: 37498"]Or, they might have known, but it was too much of a hassle to accomodate. For example, one course of action would be to give the customer credit for the face value of the silver, but keep the silver in a separate bin so they could sell them for more money. But then they'd have to design and build that capability into their machines and who knows how long this will last. Eventually, finding silver coins in circulation is going to fade away. Plus, there's the PR nightmare if the public discovered such a nefarious activity. Or, they could just accept them and give the customers face value for them and sell them to the bank at face value. It could be that they chose not to do this for the benefit of the customer. I think the best thing to do is what they're doing now. Just reject them. It's not like they don't give you a bunch of notices to check the reject tray. They tell you when they reject a coin, they tell you randomly thoughout the counting process, and they remind you again when you're printing your receipt. Heck, if you're going shopping at one of the places they offer gift cards to, it might be an efficient way of roll searching. Wouldn't that be funny? A guy sitting at the CoinStar machine tearing open rolls from the bank and feeding them into the machine. :too-funny:[/QUOTE]
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Coinstar, and other counters, why reject silver?
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