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Message:: [QUOTE="GDJMSP, post: 7886911, member: 112"]When it comes to banks and coins, it's all about simple basic business. Banks don't like coins because coins cost them money, money they don't want to spend. So they don't like buying coins and they don't like selling coin. Coins are labor intensive, every time the bank has to order coins, it cost them money to get them. They have to pay somebody to bring them, and the people they order them from have to count them, roll them, and transport them - all of that cost them money, and they then pass those costs on to the bank. And when the banks get them then they have to count them, reroll them, and store them. And if customers bring coins in the bank has to pay their employees to unroll, count, and reroll all the coins. Then have to call for a pickup, because they don't want to keep the coins - and that cost them more money. So every time coins are handled, coming in or going out, costs are incurred. By the time it's all done, every $100 worth of coins might cost the bank $125 simply because of all the handling on both sides of the equation. Which is why banks don't like coins. And that's why many banks have the rules they have when it comes to coins. If banks could have everything the way they'd prefer to have things, they would never handle a single bill or a single coin - because it cost them money to physically handle them coming in and going out.[/QUOTE]