Cashing in some coins - wow

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Cashing in some coins - wow

Postby daveesl77 » Fri Jul 08, 2016 3:36 pm

We keep a couple of jars around to just throw our change into as we pass by. I guess it has been over a year, maybe two, since we dumped them. I decided to take them down to the grocery store to use the coin exchange machine. I honestly thought we might have $40 or so. $240 later it was like, WOW. That doesn't count the $20+ in quarters we took out of the pile to put in our camping tray, which probably holds another $60 now. I didn't think about the 11% cost the machine was charging, because I honestly did not think we had that much in change.

I talked Regina into letting me buy 5 MegaMoney tickets for the $540 million drawing. I don't play unless the jackpot is over $400 million and buying 5 tickets is a big splurge for us. :D

Dave and Regina - Enjoying old age, a LOT!

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Re: Cashing in some coins - wow

Postby DrCrash » Fri Jul 08, 2016 5:27 pm

holy $%^! 11% off the top. Our bank dosent charge us to sort coins..
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Re: Cashing in some coins - wow

Postby GuitarPhotog » Fri Jul 08, 2016 5:56 pm

When I turned in over $400 in loose change before moving, I turned it into Amazon gift cards, because I now live in a small town and shop on Amazon a lot. And you'd be surprised how many camping and teardrop related items Amazon carries.

And there's no commission on gift cards, you get 100% of your money

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Re: Cashing in some coins - wow

Postby minstrel » Sat Jul 09, 2016 9:30 pm

I start a new jar every year and use the money for Christmas presents for my grandchildren. I don't accumulate as much as you did --- I'm a plastic kind of girl. But I usually get $50.00 to $75.00 per year. It helps!
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Re: Cashing in some coins - wow

Postby lrrowe » Sat Jul 09, 2016 9:32 pm

I must have a fortune in the office water jug we have filled up. Been putting money in it for 25 years. Five gallons I believe.

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Re: Cashing in some coins - wow

Postby rebapuck » Fri Sep 30, 2016 8:24 am

lrrowe wrote:I must have a fortune in the office water jug we have filled up. Been putting money in it for 25 years. Five gallons I believe.

That must weigh a ton. Check your floorboards.
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Re: Cashing in some coins - wow

Postby iggy3860 » Fri Sep 30, 2016 5:19 pm

Here in Australia we still have $1 & $2 coins. Every time I go to the shops I use my small change [5, 10, 20 & 50 cents pieces] to get some $1 & $2 coins. These go into any suitable container.

The first time [2006] I used a Lindt chocolate can...the biggest danger of which was possibly dropping it on my foot :shock: When I cashed it in, after first purchasing a 4 burner gas BBQ, I banked $740.

I keep this practice up...a very good way to save for Christmas or special purchases...& regularly bank between $700 & $1000 per annum.

The biggest problem with this system is resisting the urge to use the saved coins during the year :lol:
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Re: Cashing in some coins - wow

Postby rowerwet » Sat Oct 01, 2016 10:10 am

many banks have these machines, and don't charge if the cash is deposited into an account
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