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How Many Pennies Is Too Much To Dump?

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socceraustin23's Avatar
United States
433 Posts
 Posted 03/06/2013  11:42 pm Show Profile   Bookmark this topic Add socceraustin23 to your friends list Get a Link to this Message Number of Subscribers
I have a bunch of pennies from searching and want to dump them now to get more but idk how much is to much to dump at once so I'm just wondering what you guys normally do?
New Member
United States
33 Posts
 Posted 03/07/2013  12:31 am  Show Profile   Bookmark this reply Add Nicanor72 to your friends list Get a Link to this Reply
I normally search a box then take it back, but that's just me
Valued Member
Kritler's Avatar
United States
107 Posts
 Posted 03/07/2013  6:58 pm  Show Profile   Bookmark this reply Add Kritler to your friends list Get a Link to this Reply
I do feel guilty of dumping at a bank often. I use coinstar often, as they offer gift cards, and when you receive those, there I no surcharge. I have a 3k sqft backyard I am going to landscape, so I figure I will sort through some coin, convert to gift cards, then landscape.
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John1's Avatar
United States
56855 Posts
 Posted 03/07/2013  7:09 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I limit myself to bringing back one or two boxes of cents and buying eight to ten boxes at a time.
John1
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Fat Freddy's Avatar
United States
1200 Posts
 Posted 03/07/2013  7:44 pm  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
One bank where I have an account used to take my hunted coin back unrolled if I brought it back in a bag of $100 in pennies. Then they changed their mind
and now they want it rolled before I bring it back. OK. Now I bring it back 10 to 15 boxes at a time and deposit it into my account. I now pick up at my other
bank and do ALL my dumping with those "you gotta roll it" clowns. Right back at ya, ya jerks.
Edited by Fat Freddy
03/07/2013 7:48 pm
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Broseph's Avatar
United States
979 Posts
 Posted 03/07/2013  8:29 pm  Show Profile   Bookmark this reply Add Broseph to your friends list Get a Link to this Reply
Well, 15 boxes of coins is a lot... I mean, I hope people realize that high volume CRHing can be a big strain on a bank.
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crazyforATB's Avatar
United States
449 Posts
 Posted 03/08/2013  12:26 am  Show Profile   Bookmark this reply Add crazyforATB to your friends list Get a Link to this Reply
well I suppose there is no right or wrong answer.. personally I think that more than 2 or 3 boxes is over kill. sometimes what ill do is if I have a ton of pennies I will throw some in the coinstar and take the rest to the bank that way you arent dumping an avalanche on them and you arent losing too much(10%) to the coinstar...
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John1's Avatar
United States
56855 Posts
 Posted 03/08/2013  05:48 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

Quote:
you aren't losing too much(10%) to the coinstar...
I have never used a Coinstar but I understand that if you get a gift card Coinstar doesn't charge you anything.


Quote:
Well, 15 boxes of coins is a lot... I mean, I hope people realize that high volume CRHing can be a big strain on a bank.
I agree


Quote:
Right back at ya, ya jerks.
Banks don't have to be kind to CR hunters,it's a courtesy they provide.
John1
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DobermanOwner's Avatar
United States
125 Posts
 Posted 03/08/2013  06:37 am  Show Profile   Bookmark this reply Add DobermanOwner to your friends list Get a Link to this Reply
My dump bank has a coin counting machine so I don't have to roll mine to return them. I only take two boxes in at a time. And I make sure that they're the same denomination. If one box is halves, then I make sure the other is halves. It just makes it easier on them. I try not to dump two days in a row at the same bank, either. It all just depends on what your bank will tolerate.
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CoinCbass's Avatar
United States
1217 Posts
 Posted 03/08/2013  6:56 pm  Show Profile   Bookmark this reply Add CoinCbass to your friends list Get a Link to this Reply
I have 4 dump banks with coin counters. I generally hit 2-4 of them per week with dumps. Usually keep to whatever half a bag is for what I am returning ($50 in pennies, 100 nick, 500 dimes, etc).

I try to roll some of my halves and sometimes nickels if a slow week. I'll dump those strategically as well. If I know I am travellinng for work I tend to dump more rolls or loose in the coin machine.

Coin star is nice for the no charge gift cards. Got about 600 in lowes cards w coin. Stinking coin stars take too long to count though
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skyshark124's Avatar
United States
1109 Posts
 Posted 03/08/2013  8:37 pm  Show Profile   Bookmark this reply Add skyshark124 to your friends list Get a Link to this Reply
I have a connection at my bank. This one teller who I swear never gets a day off (always there when I go in) knows exactly what I am there for. When I walk in, if I have a box in hand she goes and gets a new one. She always checks to make sure they are circulated and not fresh. No hassle. The only thing that would make it more perfect is if she wasn't already married. :)
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 03/09/2013  06:20 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
What I do is dump all my cents in the front yard, flinging them all by hand so that they scatter. Being a dirtfisherman at heart, someday someone's going to make a lot of finds!
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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BadToTheBone's Avatar
United States
1795 Posts
 Posted 05/05/2013  08:02 am  Show Profile   Bookmark this reply Add BadToTheBone to your friends list Get a Link to this Reply
Well I once dumped a 5 gallon water bottle full of cents at a bank once. I put it all in my account so I think that made a difference. It turned out to be $805. Actually I thought it would be a 1000 or more...learned something on that one.
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GoldenEagle's Avatar
United States
70 Posts
 Posted 05/05/2013  3:29 pm  Show Profile   Bookmark this reply Add GoldenEagle to your friends list Get a Link to this Reply
I don't just search pennies, but here's a photo of my receipt from my last coin dump yesterday. Doesn't include like $200 that I dropped on my way over to my dump bank's machine!

How-Many-Pennies-Is-Too-Much-To-Dump?
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mr9865's Avatar
United States
65 Posts
 Posted 05/05/2013  5:42 pm  Show Profile   Bookmark this reply Add mr9865 to your friends list Get a Link to this Reply
I have a really good dump bank. They paid me 150 to open a checking account, and they have a free self service coin counter that can hold 150 dollars worth of pennies. With that in mind I usually dump 100 or less so they don't have to come out and change the bags.
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Canada
1723 Posts
 Posted 05/05/2013  8:27 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
some of you guys kill me haha. When I search, there are no counting machines and all banks require people to have everything rolled. That said, I try and get 1 box...dump...get next box and repeat. Worst case scenario I will dump 2 boxes at a time. But there is one branch where they ALL have been quite rude and just unpleasant to deal with, so even though I dump one or 2 boxes at a time...they get it all...as Fat Freddy said
Quote:
Right back at ya, ya jerks.
Edited by samsnate
05/05/2013 8:28 pm
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