Who owns the coins in the reject bin ?

[coolpix9]

I have always been curious when I read that someone finds some small treasure lurking in the reject bin at their local Coinstar or coin machine. Do these finds fall under the same category as finding a quarter in a pay phone or Coke machine ? I assume someone owns or pays rent on these Coinstar machines so do they own what is in the reject slot or is it first come first served ?
Thanks for reading, Jim

 

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[BuffaloBoy]

after I am done with the machine, ME! I also own the coins off the magnet when I use the machine since I have permission

 

[gordon and tanner]

Hey Jim,

Finders Keepers, Loosers Weepers!

Dad and Tanner

 

[azlegends]

Hey Jim,

Finders Keepers, Loosers Weepers!

Dad and Tanner

 

[Goldmanford]

To me, they bleong to the person who dumped the coins. Since it was rejected, the coin company owning the machine never paid anything for it so it only seems fair that is is just "lost" and belongs to the next person who "finds" it.

 

[Ginkawa]

IMO ethically its similar to if someone dropped a coin, reasonably could be expected to notice/be aware of its having been dropped, but doesn't bother to pick it up. once they've actively abandoned it, its open season, IMO.

I mean if you drop a penny on the ground, notice you do, leave, and come back the next day, do you really have room to gripe that it isn't still there, or held for you? IMO no. same deal on thta, I think.

 

[ivan salis]

IF ITS LEFT BEHIND BY THE COIN DUMPER ITS "ABANDONED PROPERTY" LEGALLY SPEAKING * - SINCE THE COINSTAR FOLKS DID NOT "PAY" FOR IT ITS NOT THEIRS LEGALLY SPEAKING -- SO THE FIRST FINDER WOULD BE THE OWNER IN MY VIEW. --

IF A COIN IS DROPPED BY A PERSON WHO WALKS AWAY FROM IT AND "ABANDONS IT" ON THE STORE FLOOR WHO "OWNS" IT? THE STORE OR THE FIRST PERSON WHO PICKS IT UP ?--SAME DIFFERANCE --IT MIGHT BE ON THE COINSTAR COMPANYS MACHINE (OR IN THE REJECT SLOT) BUT DID THEY PAY FOR IT --NO THEY DID NOT --SO FIRST FINDER OF THE ABANDONED PROPERTY IS THE "KEEPER".

 

[mws_1984]

Whoever finds it I'd say. Scoped out a coinstar reject tray leaving Walmart yesterday, empty. Will have to try other places too.

 

[ArkieBassMan]

IF ITS LEFT BEHIND BY THE COIN DUMPER ITS "ABANDONED PROPERTY" LEGALLY SPEAKING * - SINCE THE COINSTAR FOLKS DID NOT "PAY" FOR IT ITS NOT THEIRS LEGALLY SPEAKING -- SO THE FIRST FINDER WOULD BE THE OWNER IN MY VIEW. --

IF A COIN IS DROPPED BY A PERSON WHO WALKS AWAY FROM IT AND "ABANDONS IT" ON THE STORE FLOOR WHO "OWNS" IT? THE STORE OR THE FIRST PERSON WHO PICKS IT UP ?--SAME DIFFERANCE --IT MIGHT BE ON THE COINSTAR COMPANYS MACHINE (OR IN THE REJECT SLOT) BUT DID THEY PAY FOR IT --NO THEY DID NOT --SO FIRST FINDER OF THE ABANDONED PROPERTY IS THE "KEEPER".

I'll agree that a coin left in the reject slot is abandoned property, but if and only if there is no way to determine who abandoned the coin(s). Since said abandoned property resides inside a piece of private property (the coinstar machine), legally speaking the coin(s) would almost certainly have to belong to whomever owns the machine. To take the coins from the reject slot would essentially make you a thief. The same for the abandoned coins on the store floor, parking lot, or anywhere else. In a legal sense, it belongs to the owner of the property on which it resides. Possession is 9/10ths of the law...or something like that. I do know that metal detecting finds 100% legally belong to the property owner, not the detectorist. This is pretty much the same thing.

Allow me to throw out this scenario: say a lost $20 bill (with no way to trace who lost it) flies into my open kitchen window and lands on the window sill. Does anyone, just because they see the $20, have the right to walk up to my window, reach inside, and take the $20 bill? I think not. Even if I am unaware of the $20 bill's presence, it belongs to me simply because it resides on my property. I see no reason why the coin in the reject slot would be any different than the $20 bill in this scenario.

 

[$ilver$urfer]

If the bank teller who is changing the coin bags for you says you can have whatever is in the reject slot, then they are yours.

 

[treeslayer]

The banks i dump at throw them in the trash. I say if you find it keep. HH

 

[ivan salis]

you are only a thief if you were not allowed upon the "private" property ( like a private person's home that is not generally speaking open to the public* )--- the bussiness allows the public unto their property willingly * thus your normally legally allowed to be there during "bussiness hours" .---- mattter of fact they have to have the public there if their to keep the doors open -- the reject slot is "open" to the public ar large so that non paid for "rejected" coins can be retrieved by its "legal owner" --if the legal owner (the coin dumper ) "abandons" the item , by walking away from it . in the reject slot --it "fair game" for the first finder.

just my point of veiw

 

[ivan salis]

banks are forced to throw it away --legally speaking the bank as a "fiscal bussiness" can not enrich its self at the expense of it's customers by taking money or coins that it has not paid for.-- corrrupt bussiness act. --nor can it condone its employees doing so.--so the abandoned foreign and us rejected debris coins are treated as trash.

 

[jeff of pa]

If someone drops a coin on the ground, the first person
to dive for it & Grabs it, owns it.

The reject Bin is the same as a change bin

if the last person to use it didn't take it,
it's open season

 

[byzanthia]

banks are forced to throw it away --legally speaking the bank as a "fiscal bussiness" can not enrich its self at the expense of it's customers by taking money or coins that it has not paid for.-- corrrupt bussiness act. --nor can it condone its employees doing so.--so the abandoned foreign and us rejected debris coins are treated as trash.

I was dumping today at the only branch with a counter and there was an issue with the receipt paper. As they opened the front of the machine (I usually see only the side, when changing bags, which is a separate area) I saw the reject bin. There were quite some coins in it. I asked if I could have a look and was told "no, we send those off to the main branch." I asked why, since the customers hadn't received any compensation for those, and whose property they might be as a result, and the teller got rather bitchy with me. I'm pretty sure that tray hadn't been emptied in forever as it was full of stuff (dozens and dozens of those pressed souvenier pennies, some big dollar-sized coins, etc).

When I drove off I realized I could have just said they were mine, and I want them back, as I doubt they could prove otherwise. However I don't think it's worth causing any problems as I use that branch a lot and it would be hard to convince them that all the stuff in the tray was mine when I consistently only dump halves. Any idea if I could press the issue or how I could get my hands on it? Would they be the bank's property?

 

[fistfulladirt]

I bet Chuck Norris would know.

 

[cunextuesday]

banks are forced to throw it away --legally speaking the bank as a "fiscal bussiness" can not enrich its self at the expense of it's customers by taking money or coins that it has not paid for.-- corrrupt bussiness act. --nor can it condone its employees doing so.--so the abandoned foreign and us rejected debris coins are treated as trash.

I dump a chucky cheese token & whatever loose change I have in the car along with my halves. When the teller goes to open the machine I say something about my chucky cheese token accidentally going in with some other stuff I didn't mean to dump. Viola. It's all mine now.

 

[Immy]

I used to search half dollar machines at a casino that had a Cummins self-serve counter (those were the days, *sigh*). Before I began my "shift" I'd always walk by and snag anything in the reject slot.

Then one day an employee, who must've been bored, noticed me cleaning out about a dozen rejected dimes and advised me "those belong to casino." I said "Well, the casino better be quicker next time."

 

[markmopar]

banks are forced to throw it away --legally speaking the bank as a "fiscal bussiness" can not enrich its self at the expense of it's customers by taking money or coins that it has not paid for.-- corrrupt bussiness act. --nor can it condone its employees doing so.--so the abandoned foreign and us rejected debris coins are treated as trash.

In my area, the banks policy is to collect it all into a bag that gets sent out with coin to the coin company(Brinks/Loomis/Dunbar/Garda) and they sell it for scrap.
Most tellers toss it in the trash.

 

[ivan salis]

those coins belong to me -- so feel free to mail them to me . --if I come that location by I'll pick them up in person.