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Replies: 14 / Views: 2,554 |
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Valued Member
United States
190 Posts |
I finally found a local bank with a coin counter that's free to use for account holders. I opened up an account...got a safety deposit box also.. My question.. Has anyone had any concerns on the accuracy of those machines? I'm thinking some of mine may have been a little low. Anyone had any issues with the same?
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Valued Member
United States
265 Posts |
I use a coin counter at my bank when I do boxes of cents and nickels. I'd say it is pretty accurate from what I've seen. I did a box of cents this week, and when I went to dump it, it came out to about 24.73 or something like that. That's just about the amount I pulled from the box. Same with Nickels, It's usually pretty close to $100 sans the coins I took out of the box to keep. That's just my machine though, I'm sure there are non-accurate machines a plenty out there.
edit: Even if it was off, it's not more than a couple pennies or nickels. So all in all if I did "lose out" at all, it's not by enough for me to notice.
Edited by mail187man 03/30/2018 08:44 am
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Pillar of the Community
United States
1695 Posts |
Search news for "TD Bank" and "coin counters" to get a sense of past issues.
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Rest in Peace
United States
17900 Posts |
There are machines that are just terrible about accuracy, mostly in the bank's favor.
Just try the one you use and know what you are dumping, and if you are within a couple coins, that should be okay.
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Valued Member
United States
164 Posts |
I count all my loose coin after bag searching except for cents before dumping. Most counters that I use are pretty much right on but some vary a little both ways. As someone on here said before any shortages are the cost of doing roll searching. Unless it's way off I would keep quiet as you may lose use of the counter.
If I was paying (coinstar etc) for use of the coin counter I might feel differently.
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Valued Member
 United States
190 Posts |
I used one that seemed to be off $100. when $250 in dimes where dumped. I'm going to dump some more today. I counted out $15 and placed in a baggie and will run them first. I'll run them slowly and check for accuracy. If not off or off much.. no biggie as I don't have other banks around to use except one and they charge 8% to account holders.
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Pillar of the Community
United States
4333 Posts |
I didn't count much, at least $150k. I did a lot of dimes and the LaRue would on occasion miscount dimes for cents. I had a good idea of what I had, the tellers would see a bunch of dimes on top of the cent bag. I would be reimbursed after the count, as I had a receipt.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Pillar of the Community
5464 Posts |
No problems for me. Although, I've never dumped cents, nickels, dime or quarters. I only dump halves. So I don't know if the cents, nickels, dimes or quarters are more problematic. I dump a box at a time. The only problem I have (about 80% of the time) the bag inside the machine fills up and cuts off the machine. A credit union employee has to change the bag. They cringe when they see me coming.
Edited by USSID18 03/30/2018 7:40 pm
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Valued Member
 United States
190 Posts |
 I filled a bag earlier this week too.lol When they changed the bag out I saw SILVER. I asked but they don't sell bags... :(
Edited by pan4au 03/30/2018 11:24 pm
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Pillar of the Community
5464 Posts |
Quote: When they changed the bag out I saw SILVER. I asked but they don't sell bags... :( Really?  Ouch!  That would hurt!! 
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Pillar of the Community
5464 Posts |
Here's what mine looks like: The last picture is just some of the junk I find in the shoot before I dump the coins in.   
Edited by USSID18 11/26/2018 6:10 pm
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Pillar of the Community
United States
4333 Posts |
Screwed!
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Pillar of the Community
United States
4333 Posts |
They won't sell the bags 'cause of too many whiners! Waaaaaaa! I was shorted a buck fiddy!
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Pillar of the Community
United States
4212 Posts |
The machines here have to be calibrated by the state, every so often.
I actually dropped 2000 5c and was credited 99.75, darn beavers.
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New Member
United States
33 Posts |
My bank also has a coin machine and I buy bags, I keep track of how many coins I keep out of a bag and have yet been shorted. Half dollar bags I usually make more than what I paid as I find pennies, dimes, nickles, and sometimes jewelry in the bag.
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Replies: 14 / Views: 2,554 |
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