Sgolembiewski0903 Posted July 18, 2017 Share Posted July 18, 2017 SO I know that modern coin mechanisms in arcade games will reject silver quarters, but does anyone know what the scenario is for vending machines? I figure all the change I collect is PRIME for silver-hunting... but only as long as silver isn't being rejected! For those who might not know: Quarters and dimes 1964 or before are made 90% of silver. Link to comment Share on other sites More sharing options...
AngryChris Posted July 18, 2017 Share Posted July 18, 2017 I often get them in my machines, so I know that not all coin mechs reject them. They are pretty easy to spot though when I do find them. I find them a lot less often now though because of my coin counter which seems to only sort by coin size. However, the coin machine at the bank seems to reject the silver coins so I take them home when they get rejected there. I can promise you that most of us here don't have the time to go through our change to see if any silver coins exist there lol. I think a silver dime is worth something like just over $1 and a silver quarter is worth something like $2. While that's obviously a good find, I would rather spend time with my family than going through thousands of coins. Good luck though! Link to comment Share on other sites More sharing options...
Sgolembiewski0903 Posted July 18, 2017 Author Share Posted July 18, 2017 7 minutes ago, AngryChris said: I often get them in my machines, so I know that not all coin mechs reject them. They are pretty easy to spot though when I do find them. I find them a lot less often now though because of my coin counter which seems to only sort by coin size. However, the coin machine at the bank seems to reject the silver coins so I take them home when they get rejected there. I can promise you that most of us here don't have the time to go through our change to see if any silver coins exist there lol. I think a silver dime is worth something like just over $1 and a silver quarter is worth something like $2. While that's obviously a good find, I would rather spend time with my family than going through thousands of coins. Good luck though! Coin hunting is a hobby of mine, I can spend 5 minutes with $500 in coins and feel pretty confident that I can spot the silver! Link to comment Share on other sites More sharing options...
QuikVend Posted July 18, 2017 Share Posted July 18, 2017 I find silver semi-regularly with my coin counter/sorters. I process quite a bit of coins every month due to my bulk and canister collections. I don't go out of my way for it, but I do have a good ear for them and snag them when I catch them. Link to comment Share on other sites More sharing options...
CapitalCityVendingLLC Posted July 18, 2017 Share Posted July 18, 2017 Yea, spend your time better. A silver coin, extra buck or two. Woo Hoo. Go land a big account, treat them right, and have it for the next 20 years. Boom. Thousands and Thousands of dollars. You'll stop looking for silver coins when you grow you biz. Link to comment Share on other sites More sharing options...
Sgolembiewski0903 Posted July 19, 2017 Author Share Posted July 19, 2017 3 hours ago, CapitalCityVendingLLC said: Yea, spend your time better. A silver coin, extra buck or two. Woo Hoo. Go land a big account, treat them right, and have it for the next 20 years. Boom. Thousands and Thousands of dollars. You'll stop looking for silver coins when you grow you biz. Very true about the big account. Seeing as I do it as a hobby, I think that's akin to saying I'll stop other hobbies when I grow my business to, which I don't agree with. I guess if my business kept me busy with 12 hours/7days a week with good accounts I'd completely drop my hobbies for the bookoo buck$$! Link to comment Share on other sites More sharing options...
CapitalCityVendingLLC Posted July 19, 2017 Share Posted July 19, 2017 I mean if you look for silver coins for the joy of it and not for the financial gain then yea, knock yourself out. Not telling you to "quit your hobby". Everyone has hobbies that tickle their fancy. I'm just saying I'd use that time going after a big new account. You do you though. Link to comment Share on other sites More sharing options...
Russ Posted August 4, 2017 Share Posted August 4, 2017 Being in the business long ago I learned to spot the color of a silver quarter or dime out of the midst of regular 'clad' coins. (I was in 4th grade when the clad coins came out and remember trading silver quarters to classmates to get a clad version.) My dad was also in vending during the 1970's and our collections were counted at home. Over the course of a few years I think we found about $100 worth of silver dimes and quarters, but I'll bet the ones in circulation now are 1% of what they were back then. I wouldn't worry so much about looking for them... not worth the effort. Link to comment Share on other sites More sharing options...
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