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<p>[QUOTE="-jeffB, post: 3263994, member: 27832"]I'm pretty sure the coins get sorted by size, weight, and magnetic (electromagnetic) characteristics.</p><p><br /></p><p>If the coin isn't the size of a cent, nickel, dime, quarter, half, or small dollar, it gets rejected. (I don't think CoinStars take Ikes.) Most damaged (dented, dryered, bent, stuck together) coins register as "wrong size".</p><p><br /></p><p>If the coin is too heavy or too light for its size/denomination, it gets rejected. (There has to be a certain tolerance here, because the weight of newly-minted coins varies, and they lose weight as they circulate, albeit slowly.)</p><p><br /></p><p>The coin also passes by a magnet. Iron, steel, and pure nickel coins get attracted to the magnet, and rejected. Coins that aren't conductive enough don't slow down as much as a real coin, and they're rejected. Coins that are too conductive (silver) slow down more than a "real coin", and they're rejected, too.</p><p><br /></p><p>I see completely normal coins (clad dimes, copper or zinc cents, nickels and quarters) in the reject slot fairly frequently, so it's possible that the machines are tuned to err on the side of caution. It's also possible that there's an equal or greater number of "bad" coins getting accepted -- but if the machines mistakenly accepted slugs or foreign coins too frequently, it would come out of CoinStar's bottom line, so they've got good business reasons to tune the machines conservatively. (They don't lose so much money if they fail to accept the occasional cent or dime, especially since users will typically keep trying to run them through until they're accepted.)</p><p><br /></p><p>I guess CoinStar <i>could</i> put some work into recognizing and segregating silver coins, counting them at face value but setting them aside for resale. I suspect the expected volume of silver is low enough that it's not worth their while.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 3263994, member: 27832"]I'm pretty sure the coins get sorted by size, weight, and magnetic (electromagnetic) characteristics. If the coin isn't the size of a cent, nickel, dime, quarter, half, or small dollar, it gets rejected. (I don't think CoinStars take Ikes.) Most damaged (dented, dryered, bent, stuck together) coins register as "wrong size". If the coin is too heavy or too light for its size/denomination, it gets rejected. (There has to be a certain tolerance here, because the weight of newly-minted coins varies, and they lose weight as they circulate, albeit slowly.) The coin also passes by a magnet. Iron, steel, and pure nickel coins get attracted to the magnet, and rejected. Coins that aren't conductive enough don't slow down as much as a real coin, and they're rejected. Coins that are too conductive (silver) slow down more than a "real coin", and they're rejected, too. I see completely normal coins (clad dimes, copper or zinc cents, nickels and quarters) in the reject slot fairly frequently, so it's possible that the machines are tuned to err on the side of caution. It's also possible that there's an equal or greater number of "bad" coins getting accepted -- but if the machines mistakenly accepted slugs or foreign coins too frequently, it would come out of CoinStar's bottom line, so they've got good business reasons to tune the machines conservatively. (They don't lose so much money if they fail to accept the occasional cent or dime, especially since users will typically keep trying to run them through until they're accepted.) I guess CoinStar [I]could[/I] put some work into recognizing and segregating silver coins, counting them at face value but setting them aside for resale. I suspect the expected volume of silver is low enough that it's not worth their while.[/QUOTE]
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