coinstar and clad

[dano91]

What do you guy's do w/ your clad I'm going to put mine in one of those coinstar machines.
You think whom ever owns it will be mad at me for putting old dirty coins in there, or do they just recirculate the good ones and melt down the bad? Any thought's? At a 15% charge I dont think they should complain do you?

 

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[jeff of pa]

I'v only used Coinstar once.

& you'r right, at the Exchange rate, they can't complain


J E F F

 

[Steeler Fan]

When I have used coinstar they charge me 10%...I am in San Antonio though.

The machine that I use is pretty picky and will spit out anything that is not somewhat clean.

On a sidenote...whenever I pass that machine while in the store, I always check the coin return...found a 1943s Steel Lincoln in very nice shape about 6 months ago. I wonder if they will not accept "steelies"? ?

Steeler Fan

 

[northeast hunter]

Up here in NEW HAMPSHIRE its only 8% . its not bad i jam the machine and they open it up and you get all the strange coins i got a silver dime once. good luck H H

 

[dfxdude]

I took some in to Bank of America near Ft. Worth (it was a satellite bank in an Albertson's Grocery Store) and they did not have a coin sorter and wouldn't take any loose coins. They pointed out the Coinstar machine, but after reading the "fine print", they took about 11% of the take. Well, I did run about 500 zinc pennies thru there, but for all the bending over and digging, I am not about to give them 11% of my hard earned take. The bank would take rolled coins and I unloaded a lot of my black quarters and dimes. They probably weren't too happy to see the coins when they broke the rolls , but what the heck, they spend just as good as a shiny one. I relocated to Minnesota and the local bank has a coin sorter and has no problem taking the coins. I just deposit them in a separate savings account to pay for next MD upgrade or accessories.

 

[bagglaydee]

I happen to work in the accounting office in a Walmart. Though I've just recently decided to get "serious" about MDing, most of my finds come from work! It's a rare day when I don't get at least one wheatie, the best day I found 8! Get at least one silver coin a week. Can't spend a lot of time looking through the coins...supposed to be working, ya' know!

Anyhow, we will take exchange coins for currency. Just ask that you rinse the dirt off so our sorter doesn't get jammed. Beat up coins are fine, too, as we send those to the bank in our deposits!

HH all....Barb

 

[bigrig40]

me and knorrski tumble ours and take it to our bank.no fee.

bigrig

 

[allen]

i save all the clad and when i need a few extra dollars i just roll the coins up, takle them to the bank for some greenbacks

 

[Colorado2]

Hey Dano...You're getting ripped on the exchange rate. ?Coinstar is only 9% down here in Loveland. ?I only used it once and got a $55.00 return. ?Plus a handful of bent and corroded pennies it wouldn't accept. ?Guess that worked out to be around $61.00 in clad and $6.00 in fees! ?The kicker is you have to spend it as a credit in the King Soopers store that houses the machine. ?Not sure if I'll do that again. ?I can roll and deposit them in the bank for 9 cents on the dollar. ?BTW, all I do to clean my coins is an oxi-clean soak and sceen rinse. ?Doesn't make them shine but boils off all the foriegn matter. ?Plenty clean enough for a bank. ?HH~CO2

 

[dano91]

colorado u can cash in ticket at managers counter for cash

 

[stoney56]

Ours is 9%, rarely use it except the day before payday if necessary. Last time I went by there was a lot of change in the return hopper ($1.64)-guess when the coins run through, the machine makes so much noise that you can't hear them going into the rejection pan.