Las Vegas - Cashing in US Mint Coins at a Casino




HikerT
May 6, 11, 7:25 pm
Thinking of alternative ways to cash in US Mint coins. Anyone try this at a casino? Will they just take them at the cage?


nrr
May 6, 11, 10:23 pm
Thinking of alternative ways to cash in US Mint coins. Anyone try this at a casino? Will they just take them at the cage?

You should be more precise, do you mean rolls of coins from the mint, proof sets, special mint sets? Most of the casinos have gone over to coinless slots, the machines take bills and ez-pay slips. But eventually the ez-pay slips will be redeemed for cash hence the casinos still use coins. Within reason*they will most likely turn coins into cash.
*if you brought in $200,000 in coins (how would you carry it:D), I don't think they will cash that amount--but a few hundred dollars would be OK.

HikerT
May 6, 11, 10:59 pm
Yes, dollar coins from the US mint. I assume most here are familiar with the transaction. Buy with credit card, earn miles on purchase, cash in, repeat.


nrr
May 7, 11, 4:02 am
I went over to www.usmint.gov and found what you bought.
There was another item: Bulk purchase program--you get $140,000 (of dollar coins) sold in a Pallet, weighing nearly 3,000 LBS--wow!--look how many miles you can get for that.:D
Further note: The Casinos in general NOW do not have need for dollar coins, when you cash in an ez-pay slip, the $amt are paid in bills and the "small change" is paid in quarter, nickels and pennies. [Even when they slots were coins and/or bills, they balked at receiving dimes; the dollar machines used special (the size of an Eisenhower) dollars.]

ColumbiaPete
May 8, 11, 1:45 pm
You're going to bring them with you from Seattle? Why can't you just deposit them at your bank at home? What am I missing?

Anyway, most if not all of the large Strip casino properties have done away with their coin counter machines since they don't deal with coins for the slots any longer.

HikerT
May 8, 11, 1:59 pm
Depositing in banks is technically against mint rules so I am less comfortable doing that. We do have casinos here. Maybe I will just give it a try for the entertainment value.

nrr
May 8, 11, 7:20 pm
Depositing in banks is technically against mint rules so I am less comfortable doing that. We do have casinos here. Maybe I will just give it a try for the entertainment value.

In the NYC area most supermarkets have machines that cash coins--there is a small fee. This violates the spirit of the mints polices but does NOT directly violate the policy as stated (no more so than cashing them at a casino).

gooseman13
May 9, 11, 11:46 am
I did it once, somewhere between $100 and $500...they looked at me quite strange but they took it and gave me bills at the cage...I think this was at Southcoast in Vegas.

bzcat
May 9, 11, 4:55 pm
I took a couple of rolls of $1 coin with me last time to Vegas (I used the coins to take the bus in Vegas and for general tips and had some left over) and had no problem cashing them in at Aria. I also had a $70 worth of ticket from slot machines and about $300 in chips from the craps table so they just took everything and gave me $100 bills.

I didn't try cashing in a whole brick of $1 coins though... :D

folex386
May 10, 11, 10:43 pm
I took a couple of rolls of $1 coin with me last time to Vegas (I used the coins to take the bus in Vegas and for general tips and had some left over) and had no problem cashing them in at Aria. I also had a $70 worth of ticket from slot machines and about $300 in chips from the craps table so they just took everything and gave me $100 bills.

I didn't try cashing in a whole brick of $1 coins though... :D

I've taken 250 to a cage and asked for chips and they had no problem. This was in california.

Gambleballs
May 11, 11, 3:27 am
I've taken 250 to a cage and asked for chips and they had no problem. This was in california.

Bring a few rolls with you to tip waitresses, cabbies, ect with. I doubt any cage is gonna cash out more than a couple hundred for you.

Also, most of the machines at the Pinball Hall of Fame take $1 coins if you make it out there. That's where most of mine are "Introduced into circulation" ;)

opus2002
May 24, 11, 8:28 am
Speaking on coins use, has anyone trying paying real estate taxes and estimated federal taxes in coins?

glg
May 24, 11, 8:56 am
Speaking on coins use, has anyone trying paying real estate taxes and estimated federal taxes in coins?

how is this relevant to the thread? that's usually a move by some jamoke who thinks he's funny, but the only person he's actually "punishing" is the poor clerk who has to deal with him. The board or congress or whoever set the tax rate isn't impacted by these types of "protest"

HikerT
Jun 20, 11, 12:06 am
Well, so far so good. Local casino cashes $250 without blinking (as long as they are bank rolled). Will try $500 next time.



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