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What To Do With All Those Nickel 50 Cent Coins Lying Around

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Author Previous TopicReplies: 12 / Views: 1,964Next Topic  
Valued Member
skwca's Avatar
Canada
91 Posts
 Posted 01/25/2012  12:40 am Show Profile   Bookmark this topic Add skwca to your friends list Get a Link to this Message Number of Subscribers
Hey guys,

well I know we all have them. a stack if not more nickel 50 cent coins that are not worth putting into books and are kind of a pain to take back to the bank.

Well today I found a couple of ways to get rid of them:

1. This one I knew for some time but have yet to try, Parking meters. Yes you know those darn things downtown that charge you an arm and leg for parking. Well they take 50 cent coins... In a way... those meters see them as loonies and give you a dollars worth of time. Kind of a grey area when it comes to legality but hey they over charge anyway and I'm sure when a parking guy finds them heck probably want them. ;P

2: Now this one I found out by accident today... I went to a local bank that has a coin machine and dumped in my excess dimes nickels quarters loonies toonies and little did I know about 5 50 cent coins and 10 nickel dollars as well. O.o darn it forgot I had those in there. The dollars got stuck and seriously chewed up(i did get them back when they opened the machine for me.) Anyway the machine took the 50 cent coins as dollars(not a bad profit). I'm soo going to jail, well maybe not I'm sure they will over look a $5 dollar mistake. I hope. I did mention it to the teller but he just shrugged it off and said dont worry about it. this may not be the best way to get rid of them.. NOT RECOMMENDED unless you want to go to jail. hehe

3: I want to hear your ideas how to get rid of them other then dropping them off at the bank. And I'm not talking about giving them away either you have to try and get there face value at least from it.. GO...
Edited by skwca
01/25/2012 02:06 am
Pillar of the Community
SilverBug's Avatar
Canada
862 Posts
 Posted 01/25/2012  12:53 am  Show Profile   Bookmark this reply Add SilverBug to your friends list Get a Link to this Reply
now what about those vending machines...
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darryldarryl's Avatar
Canada
2426 Posts
 Posted 01/25/2012  08:04 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
What city are you in skwca? The metres may be different in other cities.
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darryldarryl's Avatar
Canada
2426 Posts
 Posted 01/25/2012  08:04 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
By the way...I love it! Parking at half price!
Edited by darryldarryl
01/25/2012 08:05 am
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darryldarryl's Avatar
Canada
2426 Posts
 Posted 01/25/2012  08:06 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
Look out vending machines!
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glenzy1's Avatar
Canada
1554 Posts
 Posted 01/25/2012  08:34 am  Show Profile   Bookmark this reply Add glenzy1 to your friends list Get a Link to this Reply
Funny this topic came up! I had the same problem once, so I thought I'd simply spend 'em since they were legal tender. My first experience was at a local Tim Horton's attempting to buy a large, double/double. I handed the cashier 4 nickel half dollars and waited to see her expression.
She looked at them and said, "Oh, I'm sorry Sir, but we don't accept foreign money here."
I said, "take a real close look at the Country of origin marked on the coins." She then yelled for a supervisor to come to the front cash. Another employee finally arrived and started to examine the coins, she said," I've never seen these before, what are they?"
At this point the morning rush was backed up close to 15 people deep and I could see the hate and anger in people's eyes for keeping them from their morning fix!
I hastily asked for my 4 halves back and in turn gave the cashier a toonie. Grabbed my coffee and ran for my life!

p.s.: good luck spending 'em!

Glenn
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Ugly's Avatar
Canada
1733 Posts
 Posted 01/25/2012  08:45 am  Show Profile   Bookmark this reply Add Ugly to your friends list Get a Link to this Reply
LOL@Glenzy .... yeah that pretty much makes sense.

I admit I just roll them up and take them to the bank after the little kids sometimes take some to fill in their books.

I've been buying uncirculated rolls for the past year, just to have a few around as time goes on. I'm up to 1989 now and have some of 2000's.
Valued Member
skwca's Avatar
Canada
91 Posts
 Posted 01/25/2012  12:30 pm  Show Profile   Bookmark this reply Add skwca to your friends list Get a Link to this Reply
hey Darryl, I'm in Vancouver. That brings up a good point, what city does your extra spending come into play. :P
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darryldarryl's Avatar
Canada
2426 Posts
 Posted 01/25/2012  2:13 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
I would be Toronto!
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darryldarryl's Avatar
Canada
2426 Posts
 Posted 01/25/2012  2:16 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
I have been very lazy and my pile of halves are growing high.
Neat way to distribute some of them I guess!
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darryldarryl's Avatar
Canada
2426 Posts
 Posted 01/25/2012  2:17 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
I havent tried Tim Hortons yet glenzy.
I think I will try it out tomorrow.
Valued Member
motoryoda's Avatar
Canada
278 Posts
 Posted 01/26/2012  8:38 pm  Show Profile   Bookmark this reply Add motoryoda to your friends list Get a Link to this Reply
I have donated to "drop boxes", ie @ Tim's for their camp, etc.

Spending is a bit trickier...I have spent them at the Legion without issue. The people working there definately recognize them.
Valued Member
Canada
284 Posts
 Posted 01/26/2012  11:56 pm  Show Profile   Bookmark this reply Add mysterious_dr_x to your friends list Get a Link to this Reply
I keep them for tips. It's not exactly giving them away, since I'd tip otherwise. If they don't want it, it's still worth 50¢ and 1$. Also, I heard the RBC had to take them, as they'll take any legal canadian tender, some sort of agreement with the mint. I haven't checked that yet though, might not be the case.
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