Them Coinstar machines

[ipitythefool]

So the Mrs wants to chuck a giant-sized jar of shrapnel into one of these machines. But I'm thinking of the 7% cut that the machine takes and am tempted to count them all up, put them into bags and take them to the bank.

Am I too tight?

[Funk]

Depends whether your time is worth more than 7% of what you're converting.

[Silverbullet767]

ipitythefool said:

So the Mrs wants to chuck a giant-sized jar of shrapnel into one of these machines. But I'm thinking of the 7% cut that the machine takes and am tempted to count them all up, put them into bags and take them to the bank.

Am I too tight?

Yes, chuck them in and stop whining, would you expect to use a service for free anywhere else??

7% is reasonable IMO

Take out the £1 coins though.

[Berserker LM]

Depends on volume of coins. Being a tight bh and a sadist, I make the banks sweat every time!

[Trooper2]

I used to use them when I had change........before I moved next to Aspen and Vail....

[Chuffer]

I've used these machines before and to be honest I couldn't be bothered sitting counting out and bagging all the change. I don't suppose its a big deal but I already classed that change/smush as lost money, so when I took my bucket of change, got my receipt, then got handed a bunch of 20's, I was pleasantly surprised!

Totally up to you really.

[sjg]

I fill a big quality street jar over about a year in 1/2/5p coins. I try to use the rest as I go.

Usually comes to about 60 quid, so coinstar must take about £4, and I know it would take a couple of hours to faff about bagging it all up to pay in at the bank. Worth every penny IMO.

[ipitythefool]

Hmmm, I am tight then!

[Somewhatfoolish]

Absolute rip off. HSBC have ones that will do this for free. Alternatively get a younger relative to do it. Yes it will only cost a few pence but it's the principle.

[Emsman]

Count it.

Used to refurb sainsburys and tesco, even the folk from coinstar said they were blindingly inaccurate and it was nearer 20%. face it, if you are going to sling it through one of these, you ain't going to count it first are you

[parapaul]

Emsman said:

Count it.

Used to refurb sainsburys and tesco, even the folk from coinstar said they were blindingly inaccurate and it was nearer 20%. face it, if you are going to sling it through one of these, you ain't going to count it first are you

I won't be using one for my change then! Thieving barstewards!

[Mr Fenix]

My OH got me a "novelty" coin counter/sorter for one christmas. The poor thing was running non stop for about a week sorting through years of loose change from myself, vet charity, cars, couches, van etc.

Bagged everything up and took it into nationwide, netted over 300 quid for the vet school and 211 quid from my own stash!

Its crazy how quick the pennies add up!

As for coinstar machine? if you have buckets and buckets worth of change I'd do it. Only reason I took mine to the bank was for the fact I had a sorter at home and a week off!

[AlexKP]

ipitythefool said:

So the Mrs wants to chuck a giant-sized jar of shrapnel into one of these machines. But I'm thinking of the 7% cut that the machine takes and am tempted to count them all up, put them into bags and take them to the bank.

Am I too tight?

I always chuck all my change in a pot - one and two pound coins included. Every once in a while this mounts up to quite a lot - often several hundred quid.

A few years ago I tried to take a lot of cooins into my bank to be told that unless I was a business customer they no longer accepted large amounts of coins from the public.

So I use the Coinstar machine too. And it's quite fun!