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Emptied my gumball machine

PostPosted: Mon Oct 04, 2010 5:35 pm
by thedude
I didn't find any silver. Have had it in place since April 2010 and have not found any silver to date.

Re: Emptied my gumball machine

PostPosted: Mon Oct 04, 2010 8:44 pm
by Shattered
I always thought that would be a cool way to get coin to sort. Where do you keep it? Do you own a store or something?

Re: Emptied my gumball machine

PostPosted: Mon Oct 04, 2010 9:59 pm
by Hawkeye
I've thought about that, too. I have a couple of places that I could maybe put one, so I'll have to look into it.

Re: Emptied my gumball machine

PostPosted: Tue Oct 05, 2010 1:15 am
by thedude
Shattered wrote:I always thought that would be a cool way to get coin to sort. Where do you keep it? Do you own a store or something?


I have it in a BBQ joint in a college town. I don't own the place, just know a few guys that work there.

Re: Emptied my gumball machine

PostPosted: Tue Oct 05, 2010 1:24 pm
by AGCoinHunter
Gum ball machines are a great idea as long as you have access to a place you can put one and dont have to give any of the profits away. The bad side, theft of your machine cost a whole lot of money. Even if its secured someone can still kick it in. Worth the gamble in my opinion if you can get access. Curious, how many quarters did you collect in that time?

Re: Emptied my gumball machine

PostPosted: Tue Oct 05, 2010 10:01 pm
by thedude
AGCoinHunter wrote:Gum ball machines are a great idea as long as you have access to a place you can put one and dont have to give any of the profits away. The bad side, theft of your machine cost a whole lot of money. Even if its secured someone can still kick it in. Worth the gamble in my opinion if you can get access. Curious, how many quarters did you collect in that time?


Let's just say I'm pleasantly surprised by the number of quarters that have passed through my machine. Summer was slow, but that's to be expected in a college town.

Re: Emptied my gumball machine

PostPosted: Tue Oct 05, 2010 11:21 pm
by MO-SILVER!
My Mom is a CPA, and does accounting for a vending machine company... She would never share details with me since its none of my business, but I know that the owner does pretty well. If you can get good locations and keep them without paying too much (or by paying nothing if you can) you can buy in bulk and by keeping an eye on the over head it can be profitable.

Re: Emptied my gumball machine

PostPosted: Wed Oct 06, 2010 11:49 am
by fasteddy
My friend does a vending machine coin pickup...she doesnt own the biz just does the coin PU...she has a .357 strapped to her thigh...she is very attractive so be careful...oh I meant "effective"