After Roll Searching.....

What do you all do with your coins? Coinstar? What do you guys do with the coins you don't want after you search through a box of coins? Thanks!

Greg

 

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Any customer at my bank can bring in change by the bag, bucket or any other container, and cash the coins in for cash or deposit them, free of charge. So its a pretty easy decision for me.

 

Man, I have to roll mine up again, then turn them back in. But not too much of a prob. I also put my initials on the rolls, so I don't get the same coins back.

Phoenix

 

I re-roll them and cash them in at one of my 4 "dump" banks (i.e. my girlfriend's bank - she just loves taking in $50 in pennies every other day, lol). Today, however, I took a box of pennies (loose) to the coinstar machine at Winn-Dixxie.. cost $2.51 in fees but was pretty cool. I kept feeding in the coins it rejected until it took them. Only two of them were seriously rejected (with good reason). That's about what I'd spend in shotgun style wrappers.

Over all it depends if $2.00ish is too steep a fee otherwise re-roll the little suckers. I don't always splurge for wrappers either. I sometimes reuse the wrappers they provide me. But a box from say Brink's comes in plastic wrappers you have to tear apart, so...

 

i reroll them with wrappers that the bank gives me when i get a box and return them for another box and ask for more wrapperd. some times they even give me the alum trays to bring them back in , depending on the branch or bank.

 

I roll them and put my mark on the roll and bring them back to the bank. (Not the same branch I picked them up at.)

 

I don't buy boxes, but I have a totally different experience. I buy 2-3 rolls at a time, they are *always* machine rolled. After a couple of months, I load them up into a box and take them back to the bank to deposit them - free of charge. Don't have to roll them.

But I guess I'm not a bulk customer like you guys

 

I just ordered a 500.00 box of Halves from my bank. After I go through them, I will take the rest of the halves to Commerce Bank and dump them in the Penny Arcade machine that counts them and then spits out a receipt you bring to the teller for your money.

I also give a little something at Xmas to a couple of tellers who always go out of there way for me with the state quarters pres. dollars and halves.

 

My bank has a free coin counter.

 

I dump them in the water fountain in my front yard. That way I'm sure they won't be in future boxes that I search.

 

There is three branches of my bank in my home and I switch which bank I drop them off at. Oh and each has a coin counter so no more rolling for me

Regards,
S

 

And I thought two boxes a month was bad....

Regards,
S

 

I will add this, DON"T EVER PAY A FEE TO DUMP YOUR REJECTS!!!!!!!!!!!

Yes, that was worth shouting.

 

I am willing to bite the coinstar fees for pennys, but when I get to nickles and up, I am going to take the time to re-roll them and deposite them at my bank.

 

There is another option, but requires a friendly teller supervisor/manager.

You get the plastic coin bags. You count and fill them to the correct amount they need to send them out.

The coin bags have unique tracking numbers on them along with a "receipt" portion that tears off the top. You clearly write your name and account info on the receipt portion that tears off. This way, you can drop the bags off, they send them out with the next pickup, and they have a way of knowing it was your bag that was off if the depository institution tries to back charge them for such a thing. The benefit to you, the coins are pulled out of your search pool.

 

Thats good info.

Does anyone know exatcly where coin star coins end up?

 

My bank has coin counters in most of thier branches in the blobby so I just bring in my bags and run them through. They are free to customers. I normally bring them to one branch though as they want to charge me big bucks for buying coin. They wanted to charge me 7.50 surcharge for a box of $25 pennies. Another branch for the same bank two miles away sells me coin no questions asked each and every time.

Another option is that I see that many grovery stores that have coin star will waive the fee if you spend the money in thier store.

 

Eventually, they end up back at the bank in rolls. ROFL I just couldn't resist. Sad but true.

Hopefully, they end up at a different bank than the one that you get your new rolls!

 

Lame, I was hoping that they went to some central location to be rolled and sent to a distrubution place. Any way of knowing exactly where they end up? I might just have 30 boxes of cents chilling here until I am ready to move up to nickles.