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Returning Coins To The Bank

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Author Previous TopicReplies: 11 / Views: 2,205Next Topic  
Valued Member
Necer149's Avatar
United States
457 Posts
 Posted 09/07/2014  2:10 pm Show Profile   Bookmark this topic Add Necer149 to your friends list Get a Link to this Message Number of Subscribers
What is the deal with returning coin rolls to the bank (step by step process on what to do with the non keepers)? I have never really gotten a box full of rolls before, I'll only buy a roll every now and then and just keep it. But sometime soon, I think I'd like to get a $100 box of nickels.

Mark
Pillar of the Community
United Kingdom
837 Posts
 Posted 09/07/2014  2:51 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
Ideally it would be in your best interests to take them to a different bank from the one you got the box of nickels from..... for abvious reasons. Banks with free coin counting machines are the best.
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carloscoria's Avatar
United States
729 Posts
 Posted 09/07/2014  3:07 pm  Show Profile   Bookmark this reply Add carloscoria to your friends list Get a Link to this Reply
My choice coin at the moment is the Nickel. I have looked through 58 boxes within a 3 months span I usually take in 200 worth at one time to dump. I have not had any flack really.
Valued Member
Danhelmick98's Avatar
United States
330 Posts
 Posted 09/07/2014  3:45 pm  Show Profile   Bookmark this reply Add Danhelmick98 to your friends list Get a Link to this Reply
I know some banks charge a fee for cashing in the coins.
Valued Member
DCM Coins's Avatar
United States
446 Posts
 Posted 09/07/2014  3:54 pm  Show Profile   Bookmark this reply Add DCM Coins to your friends list Get a Link to this Reply
I take anywhere from four to six rolls back to *another* branch of bank I got them at, and do not have problems. As that my bank has several branches, this allows me to rotate the dumping sites.
Pillar of the Community
1325 Posts
 Posted 09/07/2014  4:16 pm  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply
I wouldn't bother. Just use the nickels rerolled as spending money here or there. One roll at a time shouldn't be a problem for most registers. Some places will be snobby about it while others will gladly accept them so they don't have to get more out of wherever they keep rolls when they get low.
Valued Member
Necer149's Avatar
United States
457 Posts
 Posted 09/07/2014  4:17 pm  Show Profile   Bookmark this reply Add Necer149 to your friends list Get a Link to this Reply
So can I just re roll the nickels I'm not keeping and give back the full rolls to another bank? I don't have any banks near me that have a free coin counting machine.

Mark
Pillar of the Community
fistfulladirt's Avatar
United States
4333 Posts
 Posted 09/07/2014  5:12 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
I will agree with Shadz, if it's only a few rolls at a time, just spend 'em!

When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Pillar of the Community
carloscoria's Avatar
United States
729 Posts
 Posted 09/07/2014  5:17 pm  Show Profile   Bookmark this reply Add carloscoria to your friends list Get a Link to this Reply
I am glad that I don't have to re-roll. Like I said before I take back 2 boxes of nickels at one time and I have had not problems. Spending them will take forever and at that point it will not be worth it.
New Member
mini_dude's Avatar
United States
49 Posts
 Posted 09/07/2014  5:50 pm  Show Profile   Bookmark this reply Add mini_dude to your friends list Get a Link to this Reply
I use a bank that provides coin counters/rollers (depending on the branch) for free if you are a customer. Its quite handy when dumping $50-75+ of pennies or $1000+ of halves. Plus it is 25+ miles from my pick up bank which is nice, not a huge chance of searching through already searched coins IMO. I could be wrong because I don't mark my rolls.
Pillar of the Community
Dasaki's Avatar
United States
500 Posts
 Posted 09/07/2014  6:57 pm  Show Profile   Bookmark this reply Add Dasaki to your friends list Get a Link to this Reply
I'm a weird one in this department. I reroll the pennies I search in the plastic wrap rolls, as that let's me trade them for fresh rolls from the safe at work. (Gas station)
Valued Member
Necer149's Avatar
United States
457 Posts
 Posted 09/07/2014  8:06 pm  Show Profile   Bookmark this reply Add Necer149 to your friends list Get a Link to this Reply
I guess I just have to go out and look around then. My bank is Capitol One, doing some research, it looks like back in June they pulled the coin counters . I think I'll try to find a bank where I can dump my non keepers and they would not care, there are LOTS of banks in my area. Thanks for the replies everyone.

Mark
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