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 Replies: 15 / Views: 30,118 |
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Bedrock of the Community
 United States
12829 Posts |
Apologies if this is in the wrong forum, but I didn't see a better place to post.
Does CoinStar have limits on how much you can dump? I have a pile of cents that I want to dum...er... "reintroduce into circulation". Obviously there's a limit on how much the CoinStar hopper can hold, but is there anything else limiting how much you can deposit? A cursory Google search didn't turn up anything.
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Pillar of the Community
United States
3276 Posts |
there has to be some limit until it gets full, not sure what that is though. you'd rather pay coinstar than re-roll the coins or dump at a free coin counter?
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Bedrock of the Community
 United States
12829 Posts |
I'd rather not pay, of course. I know (some) CoinStars don't charge a fee if you opt for a gift card. And if I'm already going to buy stuff from the store (grocery store in my case), no big deal.
Another option is to take it to my bank and see if they'll balk at dumping $100 in pennies. At BoA, they don't accept rolls or count them onsite...you put them in big plastic bags that they seal and send off to a counting center, then credit your account. I'll probably end up doing that.
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Pillar of the Community
United States
3178 Posts |
There is no limit. When the bag or bags get full they just change bags. The only limit I see is how much cash the store has on hand.  |
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Pillar of the Community
United States
3184 Posts |
I think its how much the store has on hand.
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Valued Member
United States
296 Posts |
If you're going to be dumping on a regular basis you really need to find a different bank, or credit union.
BofA isn't too bad in my parts, but I think they are the last region to get the memo. From what I've seen posted by other members, they are one of the worse.
I would try and find a credit union with a lobby coin counter, or one that has a counter on site and will count your coins while you wait, or by the end of the day.
TCF bank, if they are in your area, has lobby coin counters.
If your stuck with rolling the coins, any bank has to be better than BofA...
JMHO
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Pillar of the Community
United States
2661 Posts |
Quote:
Another option is to take it to my bank and see if they'll balk at dumping $100 in pennies. Be prepared to be there for a while if you are dumping $100 worth of cents.The wife and I took $167 worth a couple of years ago and it took around 2.5 hours to get them all in there. Got a Bet Buy gift card with them and she did a little Christmas shopping. |
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Bedrock of the Community
United States
12829 Posts |
Thanks, guys. I don't know how often I'll be dumping but currently I have about 7000 pennies to rid myself of as well as (probably) most of a box of dimes and a box of nickels. :) Once I get through these 5 boxes, I'll likely take a break and give my eyes a rest.
I like the option of using a CU with a coin counter in the lobby. I'm guessing I'd have to be a member. Yes, BofA is a PITA when it comes to dumping.
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Valued Member
United States
257 Posts |
Coinstar has 2 bins- can hold approximately $10K in mixed coin.
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Pillar of the Community
United States
1348 Posts |
Thats not very much when you get into quarters and halves :)
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Pillar of the Community
United States
500 Posts |
I'm not a "roll hunter" but I didn't think any bank/CU type place would take un-rolled coins. Isn't that why COINSTAR was born and got popular? AFAIK the gift cards are for national chains - it isn't like you can use them at that Grocery store itself. If you take cash you pay the 9.1% commission or whatever it is. I dumped a couple hundred worth of coins in one that I got from my Aunt's house after she passed - it took a while and I felt a bit guilty monopolizing the machine for so long but it went fine. I went through them before to weed out all the silver and wheats etc. though they evidently do a decent job of rejecting those for you - I had a couple coins rejected over and over for no apparent reason tho. Took an Amazon giftcard as they were offering 105 for 100 IIRC and it worked out great - used it for XMAS presents. I think that bonus thing was very temporary though. |
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Pillar of the Community
United States
2589 Posts |
A typical coin counting machine in a bank will have two bags for pennies that hold $50 in cents per bag. I dont know what the bagging system in a coinstar machine is like though.
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Valued Member
United States
304 Posts |
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AFAIK the gift cards are for national chains - it isn't like you can use them at that Grocery store itself. The ones around here in the Kroger stores let you get a commission free Kroger gift card. I can dump and the wife can do her grocery shopping. |
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Pillar of the Community
United States
597 Posts |
im with boa and what I do is ask for a few plastic coin bags then fill them with coins and bring them to the bank. they then send them into the deposit vault where there counted and the next day when I wake up it has already been counted and deposited.
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Bedrock of the Community
United States
12829 Posts |
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im with boa... Me too. Guess I will grab a few bags next time I'm in my local branch and start filling them up. Do you happen to know what the weight limit is per bag? |
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Pillar of the Community
United States
3276 Posts |
Quote:
Me too. Guess I will grab a few bags next time I'm in my local branch and start filling them up. Do you happen to know what the weight limit is per bag? the bags should say on the how much weight they can hold. I think it is generally 50 pounds though. but just check the bags you get. |
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Replies: 15 / Views: 30,118 |
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Posted 07/29/2011 01:34 am
