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Coin Counters At Banks. Call Me A Skeptic

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Socal SilverHunter's Avatar
United States
183 Posts
 Posted 06/06/2014  12:16 am Show Profile   Bookmark this topic Add Socal SilverHunter to your friends list Get a Link to this Message Number of Subscribers
So my bank has a free coin counter, but I can't help think that it's not accurate. Especially when dumping thousands of coins at a time. I waited until it stopped completely, and dumped 2 half dollars in, and it only registered 0.50 cents, instead of a dollar. I proceeded to turn in my 200 kennedys by hand at the teller because I don't trust it for half dollars now. I'm curious about the nickels. I'll have to keep better track of how many I take out of the 2,000, then see what the slip says when I count. I will report back my findings in a couple days.
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ASLAN TVorlon's Avatar
United States
1234 Posts
 Posted 06/06/2014  12:36 am  Show Profile   Bookmark this reply Add ASLAN TVorlon to your friends list Get a Link to this Reply
Try doing a small amount that is counted out to the penny, the year you were born maybe.
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Mr Click's Avatar
United States
964 Posts
 Posted 06/06/2014  10:13 am  Show Profile   Bookmark this reply Add Mr Click to your friends list Get a Link to this Reply
When I was doing Silver Dime Appreciation Month a few Novembers ago. I realized that the coin counter was counting some of my dimes as pennies!! I printed out the receipt and sure enough there were 280 some pennies counted. The problem was I didn't have any pennies in the bag. So I showed the bank teller and they refunded my money to my account. Needless to say that was the end of click clacking dimes for me. So yes it happens.
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zeke5's Avatar
United States
286 Posts
 Posted 06/06/2014  10:22 am  Show Profile   Bookmark this reply Add zeke5 to your friends list Get a Link to this Reply
If I'm dumping a load of cents I usually throw in some nickles,dimes and quarters to make sure they are counted. I usually have a rough idea how much I should be getting back.
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frodo's Avatar
United States
352 Posts
 Posted 06/06/2014  10:59 am  Show Profile   Bookmark this reply Add frodo to your friends list Get a Link to this Reply
i roll my own...i know what is due me
Valued Member
United States
277 Posts
 Posted 06/06/2014  12:24 pm  Show Profile   Bookmark this reply Add Allfome to your friends list Get a Link to this Reply
I have used the machines for a few months and found they are not accurate.

I buy bags from another branch of the same bank and roll them and it always comes out correct.

But the branch I buy from does not get as much coin business. The branch I was using to dump does about $10K+ in coins a week.

Rolling is better and more accurate to me.
Takes about the same amount of time if the machine is getting jammed alot.
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Socal SilverHunter's Avatar
United States
183 Posts
 Posted 06/06/2014  2:00 pm  Show Profile   Bookmark this reply Add Socal SilverHunter to your friends list Get a Link to this Reply
Do any of you suggest a coin counter or sorter? Or do you roll em all by hand ? Maybe i'll do that. Buy a bunch of sleeves in bulk.
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ace_ftw's Avatar
Canada
1747 Posts
 Posted 06/06/2014  2:19 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
What I do is re-use the empty roll, as I go through the coins, I stack in tens, and then refill the roll. I bundle the rolls in groups of 10 with elastic bands, and then take them back to the bank.

This makes it easier for the teller, and a faster transaction.

I thought about buying a counter, but the costs of $100 or more really does not make sense. The El-Cheepo counters will most likely not stand up to the amount of coins a CRHer would put through it, so they are not the way to go either.
Valued Member
United States
277 Posts
 Posted 06/10/2014  12:07 pm  Show Profile   Bookmark this reply Add Allfome to your friends list Get a Link to this Reply
I have a coin sorter that is also a coin counter, got from a guy on Craigslist for $20 (he jammed a looney and a Susan B in the machine). Took it apart and it works great.

I get wrappers at the banks and have purchased some online in bulk about $3.50 per thousand rolls.

Now when I dump $3K at a bank there all rolled and all they do is count the rolls usually give me the boxes back and more wrappers.

Total time is about 15 minutes at the bank.
It takes around 2 hours to reroll $3K if they are from bags. Otherwise I reroll as I am seaching.

I spent over 1 hours dumping $1K of quarters at a bank coin counter and then it came up as $998.50.


Where did the $1.50 go?
Valued Member
frodo's Avatar
United States
352 Posts
 Posted 06/10/2014  2:16 pm  Show Profile   Bookmark this reply Add frodo to your friends list Get a Link to this Reply
i have a coin sorter/counting jig I use
i unwrap a roll,,cull out what I want and place coins on the jig...no counting involved..d just fill the jig and slide coins into wrapper

i have no idea who makes it,,or where my Dad got it..but I want another one, and cant find it anywhere
it makes rolling fast!



Coin-Counters-At-Banks.-Call-Me-A-Skeptic

if you see one...grab me 2 of them...
we will work out details latter

Coin-Counters-At-Banks.-Call-Me-A-Skeptic
Valued Member
Danhelmick98's Avatar
United States
330 Posts
 Posted 06/10/2014  6:21 pm  Show Profile   Bookmark this reply Add Danhelmick98 to your friends list Get a Link to this Reply
I know I roll my hand. It may take away, but at least you know it's accurate.
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