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 Replies: 23 / Views: 5,783 |
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Valued Member
United States
71 Posts |
I was thinking about reaching out to a few small business's in which I know the owner's. I would think many gas station's and restaurants need to get coin from the bank quite often. I could just ask the owner if I could supply them with rolled coin boxes. This would aid in my dumping.
Has anyone here ever tried this? Any thoughts?
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Rest in Peace
United States
17900 Posts |
Depending on the number of tills, the coin use is surprisingly small. Especially for those registers that automatically drop coins into a pan.
With register cash outs of such importance, I wouldn't mess with it myself. Each cashier cashing out to the penny is necessary, or a reason why the till is off.
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Pillar of the Community
United States
1475 Posts |
I'm still trying to get rid of about $750 worth 50 cent pieces.
Many businesses do not like to receive more than few coins.
I dumped $40 worth halves in gas stations couple of times and both "rolled" their eyes.
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Pillar of the Community
Australia
1364 Posts |
Am I missing something here ... why not just deposit or cash the coins in at the bank?
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Pillar of the Community
United States
1609 Posts |
Quarters I think would get you golden. I always see cashiers running out of quarters because they're needed in almost every transaction with change over 30 cents or so. Otherwise they may give you a funny look for trying to pay for your groceries with 4 boxes of pennies and a roll of halves.
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Pillar of the Community
United States
4333 Posts |
Most people here pay with a debit card or EBT. Very few use cash. I'm one of those few.
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
860 Posts |
As a business owner, I would not want someone's coin dump. That is what banks are for.
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Pillar of the Community
United States
4211 Posts |
No, perhaps a roll or maybe two, but not an entire box.
Safes are small, and employees do not have access to them.
Most safes wouldn't even hold an entire box of coins.
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Valued Member
United States
446 Posts |
On occasion I've ditched $10 worth of JFKs at the Walmart Neighborhood Market self checkout machine. Not all Walmarts will take them; it turns out that this one does. I visit them once per month. Aside from that, I use half dollars in my transactions. I'll use four of five of them when my wife and I stop at a convenience store for sodas. I've only done a full box of halves once. I'm guessing that 10% of them were rolled and taken to another bank. |
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Pillar of the Community
 United States
6514 Posts |
I just deposit my coins back into my account. They don't count change at my bank any more. I put it all in a change bag that the bank provides me and they send it out to be counted and the deposit shows up in a couple of days.
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Pillar of the Community
United States
1475 Posts |
Quote:
Am I missing something here ... why not just deposit or cash the coins in at the bank? Many of the banks, including two of my banks, do not take hundreds of dollars in privately rolled coins, here in Los Angeles. However, I recently found out that Bank of America will order you plastic deposit bags where you can submit coins to be counted at their counting center and deposit into your account in 7 to 10 days, according to them. |
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Pillar of the Community
United States
4333 Posts |
Quote:
However, I recently found out that Bank of America will order you plastic deposit bags where you can submit coins to be counted at their counting center and deposit into your account in 7 to 10 days, according to them. Seven to ten days? I would dump that bank in a heartbeat. 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
Australia
1364 Posts |
Quote:
Many of the banks, including two of my banks, do not take hundreds of dollars in privately rolled coins, here in Los Angeles.
However, I recently found out that Bank of America will order you plastic deposit bags where you can submit coins to be counted at their counting center and deposit into your account in 7 to 10 days, according to them. Ok, thanks for that. In Australia all the major banks provide 24hr access to coin deposit machines. You just tip all your coins into a tray and the money is deposited into your account. https://www.suncorp.com.au/content/...-by-step.pdf |
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Valued Member
United States
265 Posts |
There are a lot of banks that have free coin counting machines for customers with accounts. That is how I dump the boxes that I go through.
On the other hand, I've only ever done cents, nickels, and dimes. I'm not sure how well the machine would handle quarters and halves. I know the machine takes halves, but I'd probably have to dump little bits at a time. Even then, there is a good chance I'd be holding people up behind me waiting to use the coin counter. A box of cent or nickels is no problem in the machine I use.
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Valued Member
Canada
139 Posts |
Certain TD banks in Canada have a counter, you dump your coins, get a receipt when your finished you tell them how you want the money either cash or deposit or a combination of the two.
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Valued Member
United States
63 Posts |
I always pay in coins at my college cafeteria. They've gotten used to me paying them in rolls. I only give quarters and half dollars though so maximum is 1 roll per day
Edited by aa2
04/09/2018 6:56 pm
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Replies: 23 / Views: 5,783 |
Posted 04/06/2018 9:24 pm
