How many of you guys use CoinStar Machines?

[Supafly]

Here in Germany, banks have smaller machines for counting coins, if you bring rolled coins or larger amounts, you get receipt and they pay you after a day or so when they counted it.

Best go to the bank where your account is, just hand them the coins and let them book the money on your bank account

Those CoinStar Machines look not very trustworthy, and getting ripped off 9% for counting, is a no-go, for me.

 

[D-rock]

I wish there was a better way, but where I'm at the few banks around don't take mass amounts of coins so it's either something like CoinStar or going through the process of slowly using the coins when you buy things to use them up little at a time without paying for something in a lot of coins. Stores won't take mass amounts of coins as payment either. CoinStar is a ripoff, but for some it's the only way to go without it being a big pain in the ass.

 

[Tittyman5000]

I'd say worth it, Ive used a few. I usually save quarters for the car wash but pennies, nickels & dimes add up after a while. I once took my jar to cash out and in the reject slot found a gold ring it had a small diamond but the local pawn gave me $200 bucks for it, so in my experience Im ahead :dunno:

 

[gunslingingbird]

One thing I'm noticing is that a lot of institutions refuse to allow large amounts of coins as a means of payment. Why not? I thought coins were legal tender for all debts, public and private. Whatever happened to that?

 

[squallumz]

One thing I'm noticing is that a lot of institutions refuse to allow large amounts of coins as a means of payment. Why not? I thought coins were legal tender for all debts, public and private. Whatever happened to that?

that was my argument at that bank. its like refusing to take 20's 50's, and 100's. technically its all legal tender as are the fucking coins.

here's an article with some opinions on it.

 

[Xombie3000]

One thing I'm noticing is that a lot of institutions refuse to allow large amounts of coins as a means of payment. Why not? I thought coins were legal tender for all debts, public and private. Whatever happened to that?

Where I worked, it was okay in small amounts, but when I worked in our back office, where it's just me and I'm on a timeline to count and deposit everything by a certain time, I do not have time to sit there, and roll twenty dollars worth of pennies. I had to sit there and count everything by hand. The goal with our closing cashiers were to get rid of as much change as you could. If you owed the customer 25 cents, and it was near closing time, they did not open up a full roll of quarters unless it was necessary. We would instruct them to give the customer two dimes and a nickel.

You would actually not believe how many people we caught trying to scam and rip us off by paying in rolled coins. It's gotten to the point where you can't trust anybody. I've confronted people saying they want to pay me with a roll of dimes and they point out they've put their name, address and telephone number on the roll, and I open it and it's fake money or trying to pass off pennies inside.

 

[bustybbwlover]

recently, i did find a bank that actually has a free coin counter. thats kinda cool.

that's pretty much the best option

 

[Facetious]

Well, you could try that but you'd probably get your ass kicked! :1orglaugh

I use them sometimes for the convenience. My time is worth more than the charge to count the change for me. :2 cents:

Rolling quarters is as far as I've had to reduce myself to lately . . . just slip on the nitrile gloves, get out the scale . . and away I go, a $550- deposit in the bank to supplement my Christmastime shopping expenses.