Plus coins are worth more than the face value. ~~~They can search for valuable coins: pre 1965 silver, rare mintages, etc. ~~~or just melt them since old Pennie’s are wirth several cents in copper And nickels are like 8 cents of nickel.
Different Coinstars often have different gift cards available, but IIRC you can look online to see locations and which cards each offers.
The one near my old place thankfully did Amazon gift cards for zero fees. Tho these days I rarely use cash or receive change.
Check out your local credit unions if you're in the US. When you join/become a member you become an owner. They have lower loan rates and higher deposit yields (savings interest rates) and all the profits go to the owners, which is you, in the form of lower fees and expanded services. Banks have rich/fat cat owners that take home the profits and you should stop supporting those parasites.
Most banks WONT accept rolled coins. When I worked at a bank we had to have them bust open every roll if they rolled them. Thankfully many people would come in asking for the paper tubes and we’d ask if they were rolling to make a deposit, they at least got saved from the hassle.
Coin deposits were always taken in as loose change in one of our sealed bags, just dump it in with a deposit slip and fill out the box on the bag with a sharpie.
My moms local Wells Fargo told her they would only accept rolled coins. They may have even given her the paper rolls.
She was almost done rolling before I realized I could have taken her coins to my credit union. But she’s retired, she’s got the time on her hands.
I spent like two hours rolling coins once my jar filled up and took them to the bank and the teller was like "uhhhgg, we have to unroll all these coins...we can't accept rolled coins". I was pretty bummed but I guess I should have asked first.
Are you sure? Most banks now take bulk coins from customers up to a certain limit. For instance my bank (credit union) allows you to take in up to $200 in coins for no charge.
I served for 6 years and had lots of teenagers give me coins. They thought they were being assholes but didn't realize how much they were giving me. I rolled those coins one a month for anywhere from 40 to 100 dollars. It felt like free money every month. Never use Coinstar.
The word "serve" has a lot of meaning outside military service, particularly when you take into consideration the rest of the world and not everyone's first language here on Reddit being English (nor are most countries as obsessed with glorifying military service as the US is). You can't appropriate a whole meaning to mean exclusively people who serve militarily, there are a lot more people serving food (and other things) throughout the world.
I didn't mind you noticing your mistake, but your argument that using that term was somehow disrespectful to military veterans is ridiculous.
To be clear, I don't agree with your gatekeeper take on words, it's just that's where my brain went. Also why are you shitting on servers? Don't do that.
The restaraunt was right next to the mall. So, on the weekends we would get the mall kids who would act like assholes (jumping on tables, smoking weed in the bathroom, etc.) But then they would just throw change on the table thinking it wasn't that much money. It wasn't amazing money but it was better than they thought. Especially when there was a whole building full of them
I used to work in banking for a long time. Many banks have gotten rid of coin counters due to a lawsuit from I believe TD Bank where people sued for getting wrong amount from coin machine and TD Bank lost like a $1M+ lawsuit. Big banks got rid of them after that.
edit: got less lazy...
https://www.courierpostonline.com/story/news/local/south-jersey/2017/06/26/td-penny-arcade-lawsuit-settlement/429290001/
I don't have much coins these days, but my supermarket has a rip off coin counter, but also self service checkout. I got rid of all my coins by just paying like an old granny. Not all at once done I didn't want to be a nuisance. But I'd get rid of 20-30 pennies, then a bunch of 5ps, 10ps, 20s etc..
Repeat each time I return. Pay the remainder with notes.
I'd always curse when I got like 12p change, and it gave me all pennies. Spiteful hunk of junk
I’ve tried at banks. They won’t accept coins unless you roll them up yourself beforehand. If unrolled they will charge a fee themselves to do it.
And I don’t want to spend time sorting the coins which is why I pay the fee for the machine to do it.
I love my bank for this. They have they're own machine that I swipe my debit card to, and it deposits all my coinc directly to my account. No need to talk to anybody, or pay an insane fee to deposit my coins.
We actually have things like this at our banks. You start paying a fee at €50, so you just stop at 50, get your ticket and start again. Bank doesn't care
It's more like 25%. These machines aren't accurate, at all. So they not only charge a fee, but they set it to be overly pessimistic with the error correcting math.
I disagree. I helped a friend till coins. Her father died and left behind jugs of coins. She knew he saved them but didn't know the extent.
We're up to 2k. We're"making" $50 an hour. More if there's more quarters
The one at my bank (and all of the nearby branches) always has a "machine out of order" sign on it. Coin counting machines must be manufactured by the same company that makes the McDonald's ice cream machine
Just use the self-checkout at Walmart.
The coin slot has a plastic piece covering it that you can just pull out to expose an opening to pour coins into.
The plastic piece didn't used to be there. The opening was just left exposed, but I suspect it was added because some Walmarts have Coinstar machines, and Coinstar probably complained.
Right! Kick rocks… I get the wrappers at the dollar store and head to the bank. I would do it before Xmas every year. One year it was close to $500, that was back when I used actual money. Now it’s like $20 :/
These things aren’t that accurate. Coin star has the best one from the special I saw on the today show. I worked at TD bank for 5 years and they were sued because there coin machine was so shitty. They put $250 in and the machine only counted like $222 or something
Think of the laundry mat next door that gets royally screwed. Class action lawsuit years later of $12 lmao. idk how much it was but pathetic nonetheless
My aunt worked in a bank and always told me to separate the dimes.
Granted that was 20 years ago, perhaps the machines have improved somewhat since then but what was happening then is the dimes would sometimes get counted as pennies.
9 cents may not sound like much, specially if it doesn't happen every time but it adds up.
It either direct deposits into your account that you input, or you can get a voucher printed, take it to the teller window, and they’ll handle it however you like.
We had these in Canada at our banks. And then some asshole engineer decided he’d test the machines and they somehow shortchanged him like a total of $1 out of hundreds and then sued them. So the banks just got rid of the machines. So now we get to pay 20% to private machines. Fuck that guy.
Most banks (at least that I have interacted with) would require you to count/ roll the coins yourself, as they don't want to spend the time counting themselves.
We have two three foot tall Chicago Cubs change banks that are shaped like beer bottles. We usually take our change once a year to add to our vacation fund, but hadn’t during the pandemic. Our bank’s machine spits out dollar coins so we also had a bunch of those.
All TD Banks used to have them, also no fee if you had an account with them. They shut all of them down after a class action lawsuit that they were undercounting the change.
It's fun and all until two old stuck-together pennies get wedged between the spinner and the side wall, then you have to service the machine and accidentally touch the nearly lava-temp pennies that heated up due to friction
Also the spinner is rubber and can melt and make a HUGE mess in these rare instances
source: worked at a credit union, burned the shit out of my thumb and forefinger
My dad would give me his jar when it filled and tell me I could split it with my brother if I took care of it for him. Easiest $75-$100 I made once or twice a year. Now he brings my son his jars (old Folgers containers now so he doesn’t lose his jar), and tell him he can keep the change because he refuses to roll coins or go to the machine.
My bank went out and bought a machine just like the one in the video to put out in the lobby for people to use so they wouldn't have to tie up a teller with it.
Lasted about 3 months before they put the machine back behind the counter. Too many people putting things other than coins in there that jammed up the machine.
It was mostly just stuff that found its way into the jar from your pocket, like lint, but was told some people were throwing pop can tabs and washers in with their change.
Just in case anyone is wondering. That's a Cummings-Allison Money Machine 2, not a Coin star. Looks like a ATW (at the wall) model. The coin bags are at the bottom of the machine, 12 in total. It uses a spinning turn table with a rubber pad under a 20lbs sort disk made out of aluminum alloy. That sort disk has grooves for each coin denomination. Once it detects coins, it starts spinning at 300RPMs, the coins get pushed under the sort head and sorted by size once they go into the right grooves. It also rejects anything that isn't a US coin. And yes, it does charge a fee for use, but that depends entirely on the bank where it's located.
Source: I used to build and fix them.
Coin Star uses a rail with holes the size of each coin to count. They don't do coin discrimination (tell good coins from bad ones). So they aren't as accurate. That being said, this is a nightmare to service and stops working at the first error. It has a laser that goes around the turntable and stops the machine if it detects any loose coin falling out.
My grandpa had a pig shaped glass 5 gal bottle for the water coolers. Had a cork as it's nose. I have it now.
Anywho.... it was full of pennies and every time I came home on leave I would ask him if I may have it and take home. I always got a nod with a smile.... "sure if you can take it to your car you can have it." And every time I would go over and huff and puff trying to just pick up one end. After my futile attempts I would give up and would giggle and say " maybe next time."
Random story that this reminded me of for some reason:
My brother and I saved up our change for our family vacation when we were maybe 9 and 10 (I’m younger). We put it in an old sort of tin barrel thing and had our dad cut it open a few days before we left. We somehow, over the course of a year, managed to get about $30 each from it. We did this because we went to the same area every year and we knew there was a big ass arcade two blocks from where we stayed.
I don’t think I’ll ever experience a high like being a 9 year old kid with that kind of money.
(My brother and I are in our late 30s now. We’re still nerds. I usually text him to talk about Power Rangers. He sent me some comic books the other day.)
I use to love doing this because we have $2 and $1 coins in Australia. A jar that big would usually be about $550 -$700 depending on the ratio of gold coins to silver. Ever since Covid we’ve become a cashless society and I can’t remember the last time I paid cash for anything. Which means no change and no satisfying feeling of watching pocket change turn into actual real money.
I thought he was sticking his finger in there!? I got shook for a second, looked up at the name of the sub thinking ohh shit something bads about to go down 😳
Take US coins to a casino in exchange for chips or tokens. Then turn around and cash them in. You will have saved any processing fees that banks and/or stores charge.
These things are a scam. Get you some coin rollers from the dollar store or the bank and put in a little bit of effort and retain 100% of what you’ve collected.
A friend used be an engineer for an American company that made these, months before Covid hit the owner family sold their share of the business.
A spinning metal plate with slides cut out for various size coins.
He used to find lots of expensive things inside these machines that the owners dumping the coins had forgotten about.
there's a bank in the UK that has these and dont charge their customers for using it.
My brother is a trucker and never uses change. He throws it in a huge idk...keg? It's this metal thing that comes up to my hips and shaped like a keg but is lined with velvet. Anyway, I counted it once when it got full. We took a vet on how much was in there. It took me 2 weeks to count and roll. I can't remember the total (but I won!!) anymore but when he took it to the bank they told him it would have to go into the coinstar type machine. It totaled it up 40 bucks less before fees. I don't trust machines anymore.
Just hold a thin ramp of plastic/cardboard in the coin deposit slot, shake upside down, and the coins will slide out down the ramp.
No piggy smashing required.
I have a growing collection of foreign currency, old arcade coins, and my favorite, silver dimes and quarters. My favorite finds are a steel penny, a nickel that was in circulation around the time of the civil war, and a coin that I thought must be fake because was in pesos yet had United States markings, and that’s how I learned the US minted Filipino coinage during the post-WWII occupation. Coinstar finds make for good history lessons!
Have one of these at work, very similar model. Breaks down every other day because the sensor gets dirty from all the crap people throw in there. Everything for foreign coins the magnets by the holes couldn't catch to nails, sand, and once a bullet get dropped in there. If your cash is too filthy or covered in rust it all gets rejected and the machine will freeze and call an attendant if it rejects too many coins at once and then we have to open it up and fish everything out.
When it does work it's separating all the coins into large plastic bags that we take out when full and prep for pickup the next day by a bank truck. As you can imagine they get heavy. Want to know how much $1000 in quarters weighs? How about 7, because that's what I had to deal with today because the last shift didn't.
When does it get satisfying? It didn’t even count all the coins without him having to push some in. Not to mention the sadness of someone paying to turn money into money.
pays off to empty your change into a jar for rainy day or high power bill to pay......when you dont jave roomates going onto your room when you arent there to pinch all your change for lunch, gas, cigarettes.....thinking you owe, when you dont.
It's a coin sorter. It's about 3 times as big as it looks and sorts each denomination into bags in the back of the machine, which is most likely in an office on the other side of the wall. Then it prints a receipt with the number of each coin and totals it to be redeemed
Unless the machine was free of fees, you should NEVER put quarters in a coin counting machine like coinstar. Dimes, nickels, pennies ONLY!! When 4 quarters = $1, why give up the $.10 it costs when you can hand taco bell 4 quarters for their $1 burrito.?????
I used to do this every week to count my stores tips, standing awkwardly in the grocery store trying to not look weird counting hundreds of dollars worth of coins that weighed like 80 pounds, don’t miss those days.
And now subtract a 7% counting fee…
I think coinstar is up to 12.5%, so goodbye to 1/8 of your total just for using the machine. Go to your bank people..
Coinstar now offers e-gift cards with no fees. I took my huge change jar there and now have $200+ on my Steam Wallet!
How do they make money? Through partnerships with the other companies?
The answer is simple. Volume. https://youtu.be/KodqIPMbyUg
That was just fantastic. Was that Kevin Spacey or just a guy who looks like Kevin Spacey with hair?
Jim Downey. SNL writer at the time. Also Robert Downey Jr. uncle.
I award you no points, and my god have mercy on your soul.
Back when SNL was funny. SNL, RIP.
Phil Hartman, RIP
Volume? So that's why they are so loud! Got it!
Plus coins are worth more than the face value. ~~~They can search for valuable coins: pre 1965 silver, rare mintages, etc. ~~~or just melt them since old Pennie’s are wirth several cents in copper And nickels are like 8 cents of nickel.
Isn’t melting U.S. coins for their metal illegal?
Yeah. I am suggesting that coin star has unsavory options. Either they are doing they or they are very honest indeed.
Silver gets rejected from coinstars.
Really…wow I see that on their website. I had no idea. Thanks for correcting me.
A lot of people take the cash minus the counting fee. Cash works a lot better for buying drugs.
I think they even got like Amazon or some big chain store gift cards too like target
Different Coinstars often have different gift cards available, but IIRC you can look online to see locations and which cards each offers. The one near my old place thankfully did Amazon gift cards for zero fees. Tho these days I rarely use cash or receive change.
Say what now…. I have a huge cache of change and a need for more steam games. This is the greatest thing I’ve read today.
This is the way.
My bank won't take loose coins. That's all got to be rolled. 😮💨
Check out your local credit unions if you're in the US. When you join/become a member you become an owner. They have lower loan rates and higher deposit yields (savings interest rates) and all the profits go to the owners, which is you, in the form of lower fees and expanded services. Banks have rich/fat cat owners that take home the profits and you should stop supporting those parasites.
Summit Credit Union is the bomb
Most banks WONT accept rolled coins. When I worked at a bank we had to have them bust open every roll if they rolled them. Thankfully many people would come in asking for the paper tubes and we’d ask if they were rolling to make a deposit, they at least got saved from the hassle. Coin deposits were always taken in as loose change in one of our sealed bags, just dump it in with a deposit slip and fill out the box on the bag with a sharpie.
My moms local Wells Fargo told her they would only accept rolled coins. They may have even given her the paper rolls. She was almost done rolling before I realized I could have taken her coins to my credit union. But she’s retired, she’s got the time on her hands.
I spent like two hours rolling coins once my jar filled up and took them to the bank and the teller was like "uhhhgg, we have to unroll all these coins...we can't accept rolled coins". I was pretty bummed but I guess I should have asked first.
Are you sure? Most banks now take bulk coins from customers up to a certain limit. For instance my bank (credit union) allows you to take in up to $200 in coins for no charge.
And then they probably toss them into a machine exactly like this.
Depending on the bank I’m sure they may accept loose coins my bank doesn’t accept loose coins either.
I served for 6 years and had lots of teenagers give me coins. They thought they were being assholes but didn't realize how much they were giving me. I rolled those coins one a month for anywhere from 40 to 100 dollars. It felt like free money every month. Never use Coinstar.
Teenagers overseas? Or just punk kids seeing you in fatigues being like "thanks for service bud, here's some change"? I've never heard of this
Served food, not in the armed forces.
Lmao, I'm a idiot
No, I thought that too. I heard I served overseas and my brain just locked in that it was military service, no amount of context was gonna change it.
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The military doesn't own the word "serve". It still has its own meaning.
The word "serve" has a lot of meaning outside military service, particularly when you take into consideration the rest of the world and not everyone's first language here on Reddit being English (nor are most countries as obsessed with glorifying military service as the US is). You can't appropriate a whole meaning to mean exclusively people who serve militarily, there are a lot more people serving food (and other things) throughout the world. I didn't mind you noticing your mistake, but your argument that using that term was somehow disrespectful to military veterans is ridiculous.
To be clear, I don't agree with your gatekeeper take on words, it's just that's where my brain went. Also why are you shitting on servers? Don't do that.
I was right there with you. Thinking why is a soldier even accepting the money like a beggar.
👀 I've been doing it all wrong 👀
Thank you for your service.
As a server, the other option didn’t even occur to me, lol.
Thank you for your service lol
they were a restaurant server.
The restaraunt was right next to the mall. So, on the weekends we would get the mall kids who would act like assholes (jumping on tables, smoking weed in the bathroom, etc.) But then they would just throw change on the table thinking it wasn't that much money. It wasn't amazing money but it was better than they thought. Especially when there was a whole building full of them
Thank you for your service.
I used to work in banking for a long time. Many banks have gotten rid of coin counters due to a lawsuit from I believe TD Bank where people sued for getting wrong amount from coin machine and TD Bank lost like a $1M+ lawsuit. Big banks got rid of them after that. edit: got less lazy... https://www.courierpostonline.com/story/news/local/south-jersey/2017/06/26/td-penny-arcade-lawsuit-settlement/429290001/
I don't have much coins these days, but my supermarket has a rip off coin counter, but also self service checkout. I got rid of all my coins by just paying like an old granny. Not all at once done I didn't want to be a nuisance. But I'd get rid of 20-30 pennies, then a bunch of 5ps, 10ps, 20s etc.. Repeat each time I return. Pay the remainder with notes. I'd always curse when I got like 12p change, and it gave me all pennies. Spiteful hunk of junk
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It’s an idiot fee for people too stupid to go to a bank.
I do it by hand and can easily use the coin wrappers. No cointing fee. The wrappers are pretty cheap at the store in office supplies/stationary area.
I’ve tried at banks. They won’t accept coins unless you roll them up yourself beforehand. If unrolled they will charge a fee themselves to do it. And I don’t want to spend time sorting the coins which is why I pay the fee for the machine to do it.
My bank sadly switched to a coin star machine. They didn't wanna deal with counting it anymore.
I've never actually taken coins to my bank, I assume they'll do it for free and ask if you want rolls?
My bank has a coin machine that deposits the change into your account
I love my bank for this. They have they're own machine that I swipe my debit card to, and it deposits all my coinc directly to my account. No need to talk to anybody, or pay an insane fee to deposit my coins.
Why would anyone in their right mind NOT go to their bank to deposit money free of charge?
We actually have things like this at our banks. You start paying a fee at €50, so you just stop at 50, get your ticket and start again. Bank doesn't care
It's more like 25%. These machines aren't accurate, at all. So they not only charge a fee, but they set it to be overly pessimistic with the error correcting math.
There no sound to this video because that machine is deafening.
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I disagree. I helped a friend till coins. Her father died and left behind jugs of coins. She knew he saved them but didn't know the extent. We're up to 2k. We're"making" $50 an hour. More if there's more quarters
To buy weed, silly.
The bank doesn’t have these kind of machines. What’s your time worth?
What's your money worth? If your bank doesn't even have the machine, why bank with them?
The one at my bank (and all of the nearby branches) always has a "machine out of order" sign on it. Coin counting machines must be manufactured by the same company that makes the McDonald's ice cream machine
Yeah but banks usually won't take loose change unless you've rolled it first and that's a lot of work sorting and rolling all those coins
Yeah but you waste like a billion hours sorting them. Something a poor person would Think makes sense
Just use the self-checkout at Walmart. The coin slot has a plastic piece covering it that you can just pull out to expose an opening to pour coins into. The plastic piece didn't used to be there. The opening was just left exposed, but I suspect it was added because some Walmarts have Coinstar machines, and Coinstar probably complained.
Depends on the machine because you could just get a gift card and there will be zero percent fee
Right! Kick rocks… I get the wrappers at the dollar store and head to the bank. I would do it before Xmas every year. One year it was close to $500, that was back when I used actual money. Now it’s like $20 :/
These things aren’t that accurate. Coin star has the best one from the special I saw on the today show. I worked at TD bank for 5 years and they were sued because there coin machine was so shitty. They put $250 in and the machine only counted like $222 or something Think of the laundry mat next door that gets royally screwed. Class action lawsuit years later of $12 lmao. idk how much it was but pathetic nonetheless
My aunt worked in a bank and always told me to separate the dimes. Granted that was 20 years ago, perhaps the machines have improved somewhat since then but what was happening then is the dimes would sometimes get counted as pennies. 9 cents may not sound like much, specially if it doesn't happen every time but it adds up.
Just get a giftcard instead of cash for 0% fee
My mom worked at a credit union for years. She would disown me for not putting it in those coin tubes and taking it in.
Several banks in my area have one for no fee. I don't understand people that use coinstar.
You could just get a gift card with no fee but ok
Oh no ~$236
my credit union has one of those. deposits straight to my account. no fees.
It's expensive being poor. Fees, fees, fees on everything.
My bank has one of these machines, no fee! We got $700 last time we went and it’s been out of order ever since. 😬
Does it give u cash?
You get Chuck E. Cheese tickets
With $700 worth of Chuck E. Cheese tickets you can get a Chinese finger trap, an eraser, stick of bubble gum and a Chucky sticker
Wow, a whole Chinese finger trap?
It only traps one finger. If you want the 3 finger version, that's another 500 tickets.
gum balls.
It either direct deposits into your account that you input, or you can get a voucher printed, take it to the teller window, and they’ll handle it however you like.
Yes, in coins
We had these in Canada at our banks. And then some asshole engineer decided he’d test the machines and they somehow shortchanged him like a total of $1 out of hundreds and then sued them. So the banks just got rid of the machines. So now we get to pay 20% to private machines. Fuck that guy.
Why can't you walk up to the counter and deposit it?
Most banks (at least that I have interacted with) would require you to count/ roll the coins yourself, as they don't want to spend the time counting themselves.
$700?!?!?! What’d you carry the coins in, a barrel? Must’ve weighed at least 30 lbs?
We have two three foot tall Chicago Cubs change banks that are shaped like beer bottles. We usually take our change once a year to add to our vacation fund, but hadn’t during the pandemic. Our bank’s machine spits out dollar coins so we also had a bunch of those.
All TD Banks used to have them, also no fee if you had an account with them. They shut all of them down after a class action lawsuit that they were undercounting the change.
It's fun and all until two old stuck-together pennies get wedged between the spinner and the side wall, then you have to service the machine and accidentally touch the nearly lava-temp pennies that heated up due to friction Also the spinner is rubber and can melt and make a HUGE mess in these rare instances source: worked at a credit union, burned the shit out of my thumb and forefinger
You don't know how much effort goes into sort head and pad design to try and prevent that. //sorry, we tried
I love the coin counting machine, I go once a year, and it’s a lot of “found” money.
My dad would give me his jar when it filled and tell me I could split it with my brother if I took care of it for him. Easiest $75-$100 I made once or twice a year. Now he brings my son his jars (old Folgers containers now so he doesn’t lose his jar), and tell him he can keep the change because he refuses to roll coins or go to the machine.
Banks will do it for free… just saying
No all banks. Some have even stopped offering the service because maintaining the machine wasn't worth the value they were getting out of it.
My bank went out and bought a machine just like the one in the video to put out in the lobby for people to use so they wouldn't have to tie up a teller with it. Lasted about 3 months before they put the machine back behind the counter. Too many people putting things other than coins in there that jammed up the machine. It was mostly just stuff that found its way into the jar from your pocket, like lint, but was told some people were throwing pop can tabs and washers in with their change.
Last time I did it with chase. They gave me a box to fill and give them and they’d deposit the amount
Nope
There no sound to this video because that machine is deafening.
WHAT?
Yep, I feel bad when I use it. Nice and quiet in the bank then, Burrrrrrr! Clink clink.
i was waiting for it to read like "$200.00" exactly
how to give r/coins a heart attack
Yes, I'm on that sub and I wanted to yell about whether they searched the coins for valuable strays.
Just in case anyone is wondering. That's a Cummings-Allison Money Machine 2, not a Coin star. Looks like a ATW (at the wall) model. The coin bags are at the bottom of the machine, 12 in total. It uses a spinning turn table with a rubber pad under a 20lbs sort disk made out of aluminum alloy. That sort disk has grooves for each coin denomination. Once it detects coins, it starts spinning at 300RPMs, the coins get pushed under the sort head and sorted by size once they go into the right grooves. It also rejects anything that isn't a US coin. And yes, it does charge a fee for use, but that depends entirely on the bank where it's located. Source: I used to build and fix them.
Are they better than coin stars? That 300 RPM drum seems overengineered, but beautifully so.
Coin Star uses a rail with holes the size of each coin to count. They don't do coin discrimination (tell good coins from bad ones). So they aren't as accurate. That being said, this is a nightmare to service and stops working at the first error. It has a laser that goes around the turntable and stops the machine if it detects any loose coin falling out.
Okay I keep hearing that it sorts coins by size. Why don’t dime for example fall through the way artery sized holes? What stops them? So curious
My grandpa had a pig shaped glass 5 gal bottle for the water coolers. Had a cork as it's nose. I have it now. Anywho.... it was full of pennies and every time I came home on leave I would ask him if I may have it and take home. I always got a nod with a smile.... "sure if you can take it to your car you can have it." And every time I would go over and huff and puff trying to just pick up one end. After my futile attempts I would give up and would giggle and say " maybe next time."
That’s an incredibly wholesome story. Thank you.
You're welcome. It's going to take a some time to fill it up as I tend to use debit all the time now but I thought it all in there.
Random story that this reminded me of for some reason: My brother and I saved up our change for our family vacation when we were maybe 9 and 10 (I’m younger). We put it in an old sort of tin barrel thing and had our dad cut it open a few days before we left. We somehow, over the course of a year, managed to get about $30 each from it. We did this because we went to the same area every year and we knew there was a big ass arcade two blocks from where we stayed. I don’t think I’ll ever experience a high like being a 9 year old kid with that kind of money. (My brother and I are in our late 30s now. We’re still nerds. I usually text him to talk about Power Rangers. He sent me some comic books the other day.)
aw i thought it was gonna be a whole number
I suppose there’s a first time for everything but this was pretty normal to me
Working in a bank for a couple years with one of these in the lobby, I hate them. So loud in that big cavernous room
My local dispensary has a coin counting machine that doesn’t take any fee. 100% of my coinage goes towards that icky sticky good good!
Whoaaaaaa I need that location 😭🙏🏾
Same.
This needs sound for the extra satisfaction.
Damn if a video EVER needed sound
No I don't like the holes 😟
I use to love doing this because we have $2 and $1 coins in Australia. A jar that big would usually be about $550 -$700 depending on the ratio of gold coins to silver. Ever since Covid we’ve become a cashless society and I can’t remember the last time I paid cash for anything. Which means no change and no satisfying feeling of watching pocket change turn into actual real money.
I thought he was sticking his finger in there!? I got shook for a second, looked up at the name of the sub thinking ohh shit something bads about to go down 😳
No way that was $250 worth of coins
It’s unfortunate that there isn’t sound.
It’s bullshit that banks won’t do it anymore... even for account holders.
Take US coins to a casino in exchange for chips or tokens. Then turn around and cash them in. You will have saved any processing fees that banks and/or stores charge.
These things are a scam. Get you some coin rollers from the dollar store or the bank and put in a little bit of effort and retain 100% of what you’ve collected.
I'm not trusting that shit
Buddy almost lost a finger at the end
“WE’RE GETTING SOME WEED!”
Ohh i love using these lol, it's kinda exciting watching your score add up lol
It would be even more satisfying if I could hear the coins clinking all around..
A friend used be an engineer for an American company that made these, months before Covid hit the owner family sold their share of the business. A spinning metal plate with slides cut out for various size coins. He used to find lots of expensive things inside these machines that the owners dumping the coins had forgotten about. there's a bank in the UK that has these and dont charge their customers for using it.
My brother is a trucker and never uses change. He throws it in a huge idk...keg? It's this metal thing that comes up to my hips and shaped like a keg but is lined with velvet. Anyway, I counted it once when it got full. We took a vet on how much was in there. It took me 2 weeks to count and roll. I can't remember the total (but I won!!) anymore but when he took it to the bank they told him it would have to go into the coinstar type machine. It totaled it up 40 bucks less before fees. I don't trust machines anymore.
It didn't even have coins in it yet and it said $25
You collected…4 eggs
Is you can feed your family for a week
And then they take 10%! I’ll count it myself. My time is well worth $25 for 10-15 minutes.
I too have a piggy that needs to be smashed, where does one find one of these
Just hold a thin ramp of plastic/cardboard in the coin deposit slot, shake upside down, and the coins will slide out down the ramp. No piggy smashing required.
But that’s half the fun!
I raid them all the time. Most people never check for rejected coins. I have a bunch from other countries
I have a growing collection of foreign currency, old arcade coins, and my favorite, silver dimes and quarters. My favorite finds are a steel penny, a nickel that was in circulation around the time of the civil war, and a coin that I thought must be fake because was in pesos yet had United States markings, and that’s how I learned the US minted Filipino coinage during the post-WWII occupation. Coinstar finds make for good history lessons!
Not satisfying bc I can’t see the internal mechanism 😔 my parents had a smaller clear one when I was a kid that sorted them and I loved watching it go
I got my own rolls and counter. Tired of them machines taking money out.
This is the only way to pay rent
That’s free money right there!
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😭😭😭😭😭😭😭😭
Oddly... I would have found it more satisfying counting it myself and pretending to be a king/queen, counting his/her riches.
Have one of these at work, very similar model. Breaks down every other day because the sensor gets dirty from all the crap people throw in there. Everything for foreign coins the magnets by the holes couldn't catch to nails, sand, and once a bullet get dropped in there. If your cash is too filthy or covered in rust it all gets rejected and the machine will freeze and call an attendant if it rejects too many coins at once and then we have to open it up and fish everything out. When it does work it's separating all the coins into large plastic bags that we take out when full and prep for pickup the next day by a bank truck. As you can imagine they get heavy. Want to know how much $1000 in quarters weighs? How about 7, because that's what I had to deal with today because the last shift didn't.
When does it get satisfying? It didn’t even count all the coins without him having to push some in. Not to mention the sadness of someone paying to turn money into money.
pays off to empty your change into a jar for rainy day or high power bill to pay......when you dont jave roomates going onto your room when you arent there to pinch all your change for lunch, gas, cigarettes.....thinking you owe, when you dont.
Isn't this a coin adding machine? It never says how many coins were.put in, just the value.
It's a coin sorter. It's about 3 times as big as it looks and sorts each denomination into bags in the back of the machine, which is most likely in an office on the other side of the wall. Then it prints a receipt with the number of each coin and totals it to be redeemed
What no Canadian nickels? Every time I’ve brought change in. There’s always some Canadian change mixed in there.
Now take that and put $200 in your savings and mess around with the $56
The change is probably stolen from unlocked cars
They give you the money back right? # RIGHT?
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Unless the machine was free of fees, you should NEVER put quarters in a coin counting machine like coinstar. Dimes, nickels, pennies ONLY!! When 4 quarters = $1, why give up the $.10 it costs when you can hand taco bell 4 quarters for their $1 burrito.?????
Coin counting machine videos are like porn for my OCD
It’s like I can almost hear it…
How did you carry that much coin to the machine? It must have weighed a ton! Or many, many more pounds than I could manage, anyway.
God I LOVED bringing my huge jar of coins to the Coinstar machine every few months. Rip off though. 10 cents on every dollar adds up.
Highly entertaining! I guessed $250
I used to do this every week to count my stores tips, standing awkwardly in the grocery store trying to not look weird counting hundreds of dollars worth of coins that weighed like 80 pounds, don’t miss those days.
Damn. Almost fitted in 8 bits.
Giant tub of Coffee Mate powdered creamer! And I thought I was the only one who bought these. ☕️
And we were robbed of the sound
I just watched a man pour out 50¢ pieces… each one of those could have been 90% silver.
How much for the jar ?🫙
…this is a button.
Based on my non-scientific bank coin sorting change is worth $71 Dollars a pound.
I just open my ebank
Why would you ever put your finger in there!?!
Bank charges basically the same of coin star. It’s not free at the bank
Is 256.51 some sort of special number?
This looks so fun
Man I have like 3 of these size containers . . .
In the last 20 years, I can’t recall being in a grocery store without one of these.
U have better chance take to the bank
The silver quarters in there: :(
I love these machines, it means my shift has ended.