Cashing in 17 lbs of Metal Detected Coins at Coinstar. Rejects!!
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- čas přidán 6. 06. 2024
- I take in about 17 lbs of coins found metal detecting to the local Coinstar for processing. Over 2,000 coins are counted. Rejects of over 100 coins. Options for damaged, mutilated, eroded coins discussed.
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I have five gallon buckets. I have one for zinc, one for copper cents, one for nickels and one for dimes, quarters and half dollars. These are all trade units backed by the metals they contain.No need for melting even if it were legal. Melting would devalue the known metal coin alloys. I would love to get this coin lot if I could. People don't know what they have.
That's really cool that you actually clean the coins. I made the mistake of taking a bunch of dirty "metal detecting" coins to my bank a couple years ago...they weren't very happy with me (small town...no coinstar machines around here). I did wash them off, but they were still in pretty rough condition
Well that was interesting! Thanks for sharing.
A good tip of mine is any park i go to and find only zinc penny's tells me that place has already been combed over !
I always take the rejected coins and spread them all over where people metal detect ....they look like chickens picking up feed.... great videos 😂. Small bits of copper wire are also hilarious. Hours of fun watching the person running around looking for something better 😂.
Donate those rejects to a politician if they can't waste it, then it truly has no purpose!
Haha! Perfect
lol 😂
Absolutely not
Thats great
Be aware, Coinstar at Walmarts don’t give you the option for Amazon.
poppie: Good to know ... and it makes sense....
Why other places do. That’s where I did mine at Walmart. I guess it competition
Take them to Walmart when they're nice and crusty then spend them in the self checkout.
You should drive around to gas stations and plop a few at each one in the "take a penny leave a penny" bowls. I'm sure it would help someone when they needed it.
Those crap Pennie’s work perfectly as fender washers for screwing down hardware cloth for chicken coops. I drill holes in useless Pennie’s and use as washers. Also rejected coins like quarters and half dollars and dimes could be silver. All 1964 and older are silver.
Melt the rejects for the zinc since they're already considered "defaced" currency 😂
Up here in Canada back in 2012, we stopped producing the penny because it was costing 1.3 cents each to produce. How long did it take you to find all those coins? BTW, coinstar should be called corn hole star.
They are still legal tender and can be brought in to any bank😊
Fun Fact! The US has never minted a penny as pennies were and still are a British coin. When we gained independence, the founding fathers wanted an unalike economy to that of Britains with our own currency, so we had our version of the coin made which is just called a cent or one cent coin.
"One person's junk is another's treasure"
"Salt" an appropriate area with the junk
coins, then invite a curious child to use
one of your metal detectors to find and
keep some coins . . . Think about it, the
child wins, the hobby wins, and you win.
Cool idea!
when we were kids we’d put pennies in coke or lemon juice to clean them up. then try them in the machine again
What year were you born bc no machine that I know of takes pennies, unless your talking about spending then in the self check out machine.
?
The reject pennies are fun to take back to a park and scatter them all over the place. Someone else can have the thrill of finding them.
Great garden fertilizer 😆
Use reject coins to buy a nice McDonald meal and let someone take care the damage coins.
They can be used for jewelry or people like the rusty crusty old original stuff put it in a Mason jar and sell the hole jar as a antique rusty coins. Someone would love it I'm sure. Cool video and thanks.
That would be a cool way to dispose of them.
Interesting idea
Great video young man I don't know what to do with my junk coins either
Keep them wtf they aren't hurting you 😂
The pre 1981 cent is the only US money that is legit and backed by itself in its copper content. In a barter economy with silver being traded, perhaps copper cents will be used to round up or down an exchange.
Yea .. I think it certainly makes sense to hold them when you find them.
The nickle ever since the civil war. Its the only real money coin in circulation .the metalic content has never changed.
Thanks this helped alot
If you have some paper rolls to roll up your pennies, you can turn 100 or 200 pennies in for a few dollar bills. So long as they are rolled up, the teller isn't going to care if they are in good or bad shape. Beyond that, you can use them for exact change on incidental purchases and try to get rid of them a few pennies at a time. I keep all of my Copper pennies, and I even keep Nickels from 2003 and before for their Nickel & Copper content. I don't expect that to pay off in a large way, but I suspect that they will useful in either my future or that of my children.
No such thing as a shake-proof wingnut? Nice video! Thanks for sharing!
It’s a simple solution, roll the rejected pennies & take them to the bank. The pennies are still money in your pocket.
spend them a few at a time. most cashiers don't even look
True ... I'd have to use cash more than I do now.
Roll 'em up in "penny roles" you get from the bank and then turn them in for the big bucks.
I did that years ago. The bank puts the account # on the rolls. They contacted me a few days later and asked what the heck happened to all those coins. Ha!
Big bucks huh? $4 for gas. $30 for a package of chicken. $3 for a 20oz soda. Rent going up $$$$$ "BIG BUCKS"
Honestly, I think you had a great idea burrying the jar of rejected pennies in a metal detecting hot spot. While it make not be worth alot, someone would get the thrill of finding it.
Put your coinstar reject coins back into your tumbler add a little dab of soap or shampoo let it tumble for 1 hour you'll probably be able to get those to shine up a little better. I'm not sure if you added rocks but fishbowl rocks are very cheap. Thank you for sharing. You are right putting the left over coins in a metal detecting hot spot area would be mean. I know I wouldn't appricate that...neither would you but it is a funny suggestion in a really mean spirited way. lol. I got my tiny rock tumbler from walmart and I love it. was 20$ How mush was your giant harbor freight tumbler...I'm looking around for a larger inexpensive tumbler to tumble real rocks. Thanks again.
What's the point in cleaning dirty ass coins. Use them as is....
Take the rejected coins , and get penny rolls and roll them up, cash them in at bank!
Waste of time.
Yes, something to do while watching TV
That's what I do. They'll take them.
Many banks won't take them. Make sure your banks will accept them before doing this.
@@darkwood777 Done it many times. They don't even check the rolls.
1964 silver is (curently) worth about 10 X face value ,a dime is a dollar a quarter is $2.50 cents Don't let it get away
90% silver coins are worth 18x - 21x right now, depending on your local coin shop.
your videos teach me alot about scrapping thank you
Just how many cents would you need to save to make it profitable enough to do so? 100,000 cents is only $1,000 and unless you can take them to a smelter that pays over 95% of melter value, the shipping cost itself would eat most of the profits? I once found a roll of cents that alas were all zinc. Nothing more sad than digging up 100 of them, all way too corroded to save 😢
I hate digging zinc pennies but you have to do it. I've found gold jewelry that I swore would be a zinc penny based on the target ID.
I saw where someone used zinc cents as washers, just drill a hole. Maybe they could be used as moss kill on roofs?
What are you cleaning them off with in the mixer/tumbler? Just water only?
Just water to remove caked dirt.
This video going viral.
I would like to find it, Excited for a moment anyways
You need a flat washer an a lock nut to fix your lid problem try it 😊
Loomis rolled coins from the Wells Fargo Bank frequently includes pre corroded zinc pennies, I throw them directly into the trash can.
today i found a £1 coin! and the other day a 50p. also we got that machine at asda near me and sometimes there is coins in the reject bit. i have those
WOW!
I keep the corroded pennies in my coin purse. I spend them when checking out at the self service lane at the grocery store. If they don’t work, I will exchange them with the cashier. Then it becomes somebody else’s problem, ha ha! Little by little. I always check the Coinstar reject slot. I’ve gotten very lucky there. 12% is outrageous. I think it’s 7% here but I may be wrong on that one. I don’t use enough coins to worry about it
I agree 12%.....wtf
The shipping to banks alone adds greatly to the cost of coinage.
I'm originally from Miami. Used to surf by the pier at South Beach. Long time ago! You sure are right about the shipping.
@green594 there are still people out here surfing at South Point Park. The pier down at South Beach 😄
If you pull the Ethernet cable out the back before throwing your coin's into coin star, you won't have to pay any commission.
Really
How much change was there left over from the 211.84 in dollars that got excepted in the Coin star machine please mate?
Good question.. approximately $2.00 or a little les than 1% of total
@@green594 Cool so you have a total of around $213.84 that is absolutely amazing and brilliant.
Well done! I roll my super corroded pennies in with a few decent ones(end caps)and take them to the bank. Not sure if I’m doing anything wrong, but I’m sure the bank has a system to deal with corroded coins
Good idea
There is a small credit union in Ohio that would let you use the coin counter for free if you had an account with them.
Don’t forget those pre 65 gems
Keep a handful of those corroded coins in your pocket and drop a few into tip jars when making purchases. And you can donate them to the Salvation Army red buckets at Xmas time.
Loctite on the wing nut? Maybe Loctite red? Or the generic Harbor Freight versions.
Good advice .. next time.
Just double nut it
I make it a point to save the nastiest reject coins and pass them out to the folks looking for spare change in town..they seem to take them no issue
I was at the Denver and Philadelphia mint's last year. And according to them it is not illegal to melt or make jewelry from coins you have. Just fyi
I know you can make jewelry, those elongated pennies we find sometimes etc. with US coins but I don't know about melting a significant number of pennies for the bullion value.
Do you go through these pennies looking for collectible ones?
I pull them out when found. One or two might slip by accidently
Please tell me you also look for 1964 and earlier silver coins!
Absolutely!
Run them through the tumbler a second time, roll them up and deposit it in the bank
Oh and I just use a debit card for the coins only...no charge...and then buy my groceries with them lol.
Got 75lbs of copper pennies. It's from coin hunting.
You bought something at harbor freight and it still is working after 15 years, everything I bought there breaks after 15 days.
Ha! Guess I got lucky with this tumbler.
Coin art project
I saw another dude on yt seperate the pennies from other change then add salt, pebbles, and white vineger to the tumbler and they clean better. I been doing that.
Shake’s in white vinegar? Might eat a little more of the gunk …
Back in 89 I was in navy and saw people on the beach in fl metal detecting and talked to them..asked about pennies (cents). They all said they liked finding them so them being so nice I got $10 in 1 cent coins and spread them around (real good) after I got out (several years later)..I realized….sorry.
so the coins you left were just modern pennies?
So YOU’RE THE ONE🤬🤬🤬🤬🤬🤬🤬🤣🤣🤣🤣🤣. As a metal detectors i both boo and applaud you.
I wonder if a mild vinegar and water solution would make some of them go through the coin star . Probably not worth the effort haha .The only ones I keep separate are the wheat Pennie’s not sure why I haven’t found any worth more than a few cents . I do have one real old one it’s a Indian head 1868 it’s worth a few bucks , no where’s near enough to want to sell it .their getting so hard to find I’ll keep it .
I think vinegar would probably deteriorate those crappy zinc pennies even more.
@@green594 your probably right !
i collected NZ silver coins in circulation, i will sell them when i retire.
NZ has stopped minting 1, 2, 5 cents,
I would roll them coins.
I just roll up my trash penny's and use them at the grocery store. They weight the same as new penny's and work just fine if in paper rolls. Don't waste them.
Spend the coins at Home Depot or Lowe’s for free no fee.
Cant you still use the rejects when buyin say a candy bar....cause it is still real money?
With some of the coins probably so. But many become just portions of coins.
People toss coins into fountains and make wishes,
wow lots of coins, Sub
Big like number 367! Excellent video and thank you so much for sharing!
Ebay... its where junk goes to die.
Never clean coins
Collectible coins ... yes.
I tumble coins by type, it seems more efficient.
pennies haven't been copper for some time and not sure when the switched
Changed to zinc during 1982. Some 1982 pennies are zinc and some are copper.
😂 That seems pretty mean 😅
Some bank have machines that take coins at no cost if you have a account.
Check those Dimes and Quarters for Silver!!
I sure do that!
Roll em and spend em
At least check for silver coins.
Check them for silver coins!
my coin star does a 5% fee for amazon now it’s so annoying
Oh Man ... that stinks!
Same here.
Just spend those old pennies & coins. Clerks don't care. I get ripped taped bills all the time.
Maybe another liquid to clean more therly the pennies?????
Add them to change, a few at a time, and spend them.
I just roll them in coin wrappers and take to my bank. No fee .
Florida coinstar 10%
Your quarters that were rejected by the coin star most time work in vending machines still you can still just spend them out the British half penny is copper so keep it the rejected zinc penny's if they are readable just roll them and spend them if not just put them somewhere to rot away they will begone after several rains make fishing sinkers or washers out of them that's what I do I used to find lot of clad quarters dimes and nickels that wasn't worth anything but the face value I just put them back in circulation after I washed them off when I came home from metal detecting and spend them in vending machines at work or roll them up and spend the rolls or if I needed a dime nickel or quarter or just change to use at McDonald's or somewhere like that I spend them there when I paid for my stuff
You should learn how to use periods.
Chào bạn video rất tuyệt vời chúa sẽ phù hộ chúng ta bạn nhé ❤❤❤🎉🎉🎉🎉
wrap the damaged coins and take them to the bank
why would you give up the 10% at coinstar?
I sure wouldn't want to do that. That's why I opted for the Amazon gift card with no fee.
recycle?
Go to Northern Nevada and look for Gold.
Sounds good to me!
Coin star is a rip off!! They take 10-12% of what you put in them. I take my coins to the local casino; because they know you’ll most likely spend the $ there they charge you zero!
I throw away all zinc pennies I find, even new ones.
i take my coins to the bank. They count and pay 100%
Sell them as collectable coins you would get a bunch more out of it if you did
Roll them and take them to the bank
I don't want to sound like an OF, but the US doesn't have pennies.
They have cents.
Technically true!
OH BY THE WAY ALL YOU HAVE TO DO IS GET YOU ANOTHER WINGNUT SNUG THEM TOGETHER AND THEY WILL NEVER GO ANYWHERE. 😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊