How to deal with cashing in loads of loose change.

[m3jappa]

We have recently moved house and have a big box of loose change, got to be a good £300 there.

Wife's gone to bank to get some bags and she seems to think each bag needs to be filled with the specific number of coins. I.e you've got to count them.....there must be thousands of coins.
I was under the impression you just fill the bags and they weigh them, which I'm hoping as over the course of two nights I've filled a load of bags with 2s 1's 50's etc.

There's a bloody mountain of them

[Some Gump]

Yes, have to count em.

I used weight to determine it as well. Kitchen scales, only took a few hours. 180 quid in shrapnel, result!

[bigandclever]

Some banks have a change machine and you tip them in there. HSBC do it at my local branch, it's probably not everywhere though. Google 'coin deposit machine yourbank'. Or a Tesco. Or a Wilkos.

Edited by bigandclever on Monday 13th March 21:22

[talkssense]

Yes you have to count them.

Just find one of those machine you chuck a carrier bag full of change in and it counts it and pays you minus a small percentage (usually for charity)

[CoolHands]

ASDA!!

[silverfoxcc]

Having just paid in 800.00gbp of various coins they would like you to fill the bags as follows

Two pound coins 20.00

one pound coins 20.00

50p coins 10.00

20p coins 10.00

10p coins 5.00

5p coins 5.00

2p coins 1.00

1p coins 1.00

coins must not be mixed


Oh and that was VERY heavy!!!!


HTH

[SS2.]

bigandclever said:

Some banks have a change machine and you tip them in there. HSBC do it at my local branch, it's probably not everywhere though.

Or a Tesco. Or a Wilkos.

Coinstar ?

Yes, just tip the coins in (no counting needed) but there is a charge of about 10%.

[hairyben]

Coins all have specific regulated weights dont they? Place bag on scales and tip coins in to specified value rather than count.

[bigandclever]

Coinstar, yes. Didn't appreciate it was 10% though. http://www.coinstar.co.uk/CASH-IN/Overview ... with a postcode search.

[Chainsaw Rebuild]

Some bank have a machine you can tip the coins into and it pays it into your account. If your bank doesn't have one, find a friend who has an account there.

[technodup]

RBS have machines you just throw the lot in. Popular with junkies.

Otherwise Coinstar at Asda.

[Gareth79]

Chainsaw Rebuild said:

Some bank have a machine you can tip the coins into and it pays it into your account. If your bank doesn't have one, find a friend who has an account there.

I think the HSBC machines you enter the account number and sort code manually (no card needed) so the person whose account you are paying into doesn't even need to be there.

[Actual]

Go to a supermarket and use the self-checkouts. Choose one where you can dump change into a hopper on top and overpay. It will gobble all up your change and pay out in notes and the correct change. No % fee taken. Don't over do it as you will fill up the excess hopper. :-)

[CoolHands]

the council thread isss thataway...>

[sebhaque]

Actual said:

Go to a supermarket and use the self-checkouts. Choose one where you can dump change into a hopper on top and overpay. It will gobble all up your change and pay out in notes and the correct change. No % fee taken. Don't over do it as you will fill up the excess hopper. :-)

A few years ago, I used to grab breakfast at work, which was oddly specific - £2.63 or something. It varied by which sandwich you ordered (by a few pennies) or by what items you picked (e.g. a rasher of bacon was 32p etc). Unsurprisingly I ended up with a stton of loose change at the end of a week. I used to just dump it in a jar and reset with notes for the next week.

Eventually I ended up with an enormous pile of change, so I used to go to the local Morrisons at 10pm (or another unsociable time) and ask which machines hadn't been refilled with change. These machines just had a trough you poured your coins into, rather than the nowadays-common coin slot. The guys there used to love it when I came in as it used to make their jobs a lot easier as the machine suddenly went from 12% full to 66% full. I never really noticed the £2.50-odd of change a week I'd empty into my jar, but it was rather nice when every month I was able to go in and feel like I was buying a free crate of beer or a couple of guilty pleasure meals.

[rossub]

CoolHands said:

the council thread isss thataway...>

Fair point. OP - your butler should be ensuring you don't have to deal with such frivolities. I would suggest he should be sacked for incompetency.

[FredClogs]

Coinstar take 10%? Blimey that's a good business model.

Do the right thing, take to a charity shop.

[Magic919]

Try Metro Bank.

[Robbo 27]

I bought one of these coin counting jars from ebay for a fiver

http://www.ebay.co.uk/itm/like/272585973883?lpid=1...

Not sure if they will cope with the new pound coin though

[James P]

My change goes into a pot and then bagged as the pot gets full. When there's a reasonable amount I take it to the local pub and drink it

£2's go into a separate pot that I'll break into when it's full.