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 Replies: 9 / Views: 2,349 |
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Valued Member
Canada
202 Posts |
I'm in Canada and planning a trip to the UK within 5 years. The exchange rate of pounds to our dollar is close to double, so I was excited to buy a bunch of 10p coins at par (800 for 80 pounds of value, easily divided and carried in our backpacks). Instead of bagging them and going to a bank, I was just going to hit a grocery store with a Coinstar machine. What is the fee percentage on average?
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Pillar of the Community
United States
4212 Posts |
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Valued Member
 Canada
202 Posts |
In the UK, are they in a certain chain of stores? Which ones should I look for?
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New Member
United Kingdom
24 Posts |
They have them in a morrisons and tescos and Asda all food shops.
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Pillar of the Community
United States
992 Posts |
Why not just take them to a UK bank and avoid the fee?
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Pillar of the Community
United Kingdom
1324 Posts |
Unless you have an account at that particular bank they won't take them - then even if you do it's still a lot of hassle as they have to be bagged correctly.
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New Member
United Kingdom
7 Posts |
Coinstar .co.uk have locations.
They charge between 8-9%
Banks often ask if you have an account with them, just reply 'yes' and provided the coins are counted and bagged, I've never had a problem.
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Moderator
 Australia
16873 Posts |
It's a little late to ask now, I suppose, but... are they old 10p coins (pre-1992), or new ones? And does it make a difference (do the Coinstar machines in Britain accept old 10p coins, or reject them)?
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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New Member
United Kingdom
1 Posts |
The UK Coinstar machines will only accept current coinage I'm afraid.
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Valued Member
Canada
202 Posts |
and luckily my coins are the new coinage. I'm not going to a bank since I got the coins at par, even with losing a percentage at a Coinstar machine, I'm still ahead with what I could have paid. It's a bulky way to beat the system to save maybe $70, but hey, $70 CDN could be a couple of free meals in London!
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Replies: 9 / Views: 2,349 |
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Posted 05/30/2014 10:26 pm
