Any Cheaper or Free Service Similar to Coinstar?

willardhaven

willardhaven

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I have a ton of coins (over 300 dollars worth) sitting in my room. Is there any cheap or free way to have them converted to money I can actually take to the store?

Coinstar is a ripoff at 13%.
 
You must be one of those people who has better things to do with his time than roll coins.

Yeah, me too. Take them to the bank.
 
In my town, I don't get why people don't just go to the bank rather than the coinstar machines. The bank takes zero percent out, and our branch even has a coinstar-esque machine for customers to play with. It's shiny!
 
The cheapest place to exchange them is your bank, they will do it for free. However, you must roll all the coins and you must have a account with them. When I did this once long ago they gave me a few paper tubes to roll them with and told me to write my account number on each one before bring them back. I assume they'll weigh them at the end of the day and charge your account if any are short.

I only did this with about $10 worth of coins (no pennies). I don't know what will happen with $300 worth of coins. Try calling your bank and see what they say. Maybe they'll have a coin counting machine like Ricochet mentioned.
 
I think it was Chevy Chase that advertises for it to be free.

I believe Coinstar only takes 8.5% (or it is where I live), but it's still a couple bucks if you have a decent amount of coins.
 
Rolling your coins? Huh. My bank just has a machine that counts it all up and they give you cash or deposit it or whatever.
 
I don't want to roll 300 dollars worth of coins.

I'll check my local bank for a machine and ask them, I assumed you had to roll them prior to going there.
 
I can't believe no one's mentioned it yet; go to Commerce Bank. Their Penny Arcade machines will count the change for you and print out a receipt to take to a teller, and you don't even have to be a customer there.
 
[quote name='willardhaven']I don't want to roll 300 dollars worth of coins.

I'll check my local bank for a machine and ask them, I assumed you had to roll them prior to going there.[/QUOTE]Why any bank would make you roll coins, I don't know. I mean, they're going to count it anyway, they have to to avoid fraudulently filled rolls.
 
[quote name='cletus']The cheapest place to exchange them is your bank, they will do it for free. However, you must roll all the coins and you must have a account with them. [/QUOTE]
Every bank I've ever been to asks you to *not* roll the coins, as then they just have to unroll them again to count them...
 
[quote name='b0bx13']Every bank I've ever been to asks you to *not* roll the coins, as then they just have to unroll them again to count them...[/QUOTE]

You might be kidding. Their time is better spent helping other customers. If i ever worked at a bank and someone gave me change to count. I'll ask him to do it himself and roll the coins.
 
[quote name='beguile']You might be kidding. Their time is better spent helping other customers. If i ever worked at a bank and someone gave me change to count. I'll ask him to do it himself and roll the coins.[/QUOTE]The don't count it by hand. They've got a robot slave to do that. They broke it's legs off and make it sort change and tally it to earn the oil and electricity it needs to live.
 
coinstar waives the fee now, if you put the money onto a gift certificate. the best place that you can put it would probably be amazon.com. so, maybe you want some stuff from there?
 
[quote name='beguile']You might be kidding. Their time is better spent helping other customers. If i ever worked at a bank and someone gave me change to count. I'll ask him to do it himself and roll the coins.[/QUOTE]
All they do is dump the change into a machine that does the counting, they don't actually count it by hand :lol:
 
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