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<p>[QUOTE="Good Cents, post: 8015384, member: 100720"]I think Coinstar is good for the coin shortage. It gets people to redeem their coins rather than having them sit in jars at home. Most people are too lazy or don't have the time or patience to roll coins like we do. Because we like, respect and value coins, most of us don't find it to be much of a burden to roll them. But the rest of the world sees this as a tedious chore.</p><p><br /></p><p>Banks used to have coin machines in their lobby, but they don't anymore. So if you aren't going to put the effort into rolling them yourself, which most people aren't going to do, then Coinstar at least gives the coins a chance to get back into circulation.</p><p><br /></p><p>In terms of using them - sure, using them is ideal. But for some reason a lot of people dump them, either into the bottom of their purse, or in their pants or jacket pockets, only to empty them onto a tray or jar at night, and not put them back into circulation. So, Coinstar beats the coin jar at home that sits there for 10 years!</p><p><br /></p><p>I knew someone who had a HUGE glass coin vase where he threw all of his coins. He never reused them. He said one day he will bring them into the bank to a coin machine. I don't know if he ever did.</p><p><br /></p><p>So, Coinstar is good for these people to get their coins back out into circulation - and there are millions of people who do this![/QUOTE]</p><p><br /></p>
[QUOTE="Good Cents, post: 8015384, member: 100720"]I think Coinstar is good for the coin shortage. It gets people to redeem their coins rather than having them sit in jars at home. Most people are too lazy or don't have the time or patience to roll coins like we do. Because we like, respect and value coins, most of us don't find it to be much of a burden to roll them. But the rest of the world sees this as a tedious chore. Banks used to have coin machines in their lobby, but they don't anymore. So if you aren't going to put the effort into rolling them yourself, which most people aren't going to do, then Coinstar at least gives the coins a chance to get back into circulation. In terms of using them - sure, using them is ideal. But for some reason a lot of people dump them, either into the bottom of their purse, or in their pants or jacket pockets, only to empty them onto a tray or jar at night, and not put them back into circulation. So, Coinstar beats the coin jar at home that sits there for 10 years! I knew someone who had a HUGE glass coin vase where he threw all of his coins. He never reused them. He said one day he will bring them into the bank to a coin machine. I don't know if he ever did. So, Coinstar is good for these people to get their coins back out into circulation - and there are millions of people who do this![/QUOTE]
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