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What To Do With Coins After Roll Hunting

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coincollector1's Avatar
54 Posts
 Posted 09/04/2015  1:41 pm Show Profile   Bookmark this topic Add coincollector1 to your friends list Get a Link to this Message Number of Subscribers
After I search all the rolls, do I roll them back up, or dump into one of the coin counting machines? Would it be rude if I gave them a bucket full of pennies and I told them to run it through the coin counter?
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snowman24's Avatar
United States
186 Posts
 Posted 09/04/2015  1:58 pm  Show Profile   Bookmark this reply Add snowman24 to your friends list Get a Link to this Reply
Everyone probably has a different method - but my mine is I dump them at my credit union, they have a free coin counter, but I don't dump boxes after boxes. I'm a variety searcher so it takes a lot more time searching than say looking just for wheat pennies... #1 rule is don't take coins back to the same bank where you got them from...I get coins to search through from family members & friends and some boxes from a family members bank
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John1's Avatar
United States
56855 Posts
 Posted 09/04/2015  2:25 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I roll them and take them to my "dump" bank,not the bank I get them from. Two or three boxes at a time.
John1
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coincollector1's Avatar
54 Posts
 Posted 09/04/2015  2:27 pm  Show Profile   Bookmark this reply Add coincollector1 to your friends list Get a Link to this Reply
My bank has a coin counting machine (I got the rolls there) where you dump the coins yourself. Is that ok then because then the tellers don't have extra work. The bank is a Wells Fargo.
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jbuck's Avatar
United States
188736 Posts
 Posted 09/04/2015  2:54 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Do not dump the coins at the same bank you got them. It is bad form and you risk getting your dump coins back the next time you get rolls.
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SilverTracker's Avatar
United States
589 Posts
 Posted 09/04/2015  3:58 pm  Show Profile   Bookmark this reply Add SilverTracker to your friends list Get a Link to this Reply
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Tyler Wood's Avatar
United States
18 Posts
 Posted 09/04/2015  4:17 pm  Show Profile   Bookmark this reply Add Tyler Wood to your friends list Get a Link to this Reply
What is the best items you have found at your credit union? And if you search for copper how good are your returns? because I go to M&T and I search penny boxes for copper and 20-25 percent of the pennies are copper.
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 09/04/2015  5:07 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
I use CoinStar for cents. Just sayin.
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jbuck's Avatar
United States
188736 Posts
 Posted 09/04/2015  5:13 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Coinstar is great if you use one that offers gift cards you can use.
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United States
1191 Posts
 Posted 09/04/2015  5:17 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
For pennies Coinstar is by far your best option. You don't have to deal with anyone and you can get an Amazon gift card with 0% fees. You can apply the credit to your account right away so no one else can try and guess the code and steal your gift card. I don't think they ever expire either. I have read where coin counters such as coin star will rip you off by counting the wrong totals however I have never tested that theory.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 09/04/2015  5:24 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I notice that more and more banks are only accepting rolled coins and no longer offer a counting machine as an option.
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Mister Kairu's Avatar
United States
1911 Posts
 Posted 09/04/2015  5:57 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
That is interesting Coinfrog (and idk if I had mentioned it here or another site) but every bank I have ever had doesn't accept rolled coin they have to be run through the counter due to people using washers in place of the coins
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fistfulladirt's Avatar
United States
4333 Posts
 Posted 09/04/2015  7:49 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
Why, you spend them.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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jbuck's Avatar
United States
188736 Posts
 Posted 09/05/2015  11:25 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I notice that more and more banks are only accepting rolled coins and no longer offer a counting machine as an option.
Every grocery store in my area has a Coinstar and they all offer gift cards for the store they are in. It has actually come in handy a few times.
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1325 Posts
 Posted 09/15/2015  12:13 pm  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply
jbuck, those stores charge you the 10.8% fee for counting when you use the money in that store. only worth it for pennies in small numbers. If you have a grocer somewhere that has 0% fee for using the coins counted at the same store, then I am moving where you live!

I roll them and spend them, or spend them unrolled. If I have a box of halves and want another and haven't finished spending the box I have, then the odds of me getting the bx back are 0%.

if it is a lot of Zilcolns you have left after searching, you could always superglue them to a table and get some clear acrylic resin to coat and seal them and watch them rot over time without having the mess to clean up later.
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jbuck's Avatar
United States
188736 Posts
 Posted 09/15/2015  2:13 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Gift cards have no fee. I put $10 in, I get a $10 card. There is a fee if I want to cash that card, but I am not sure what it is since I am already in that store to shop.
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