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Where to convert coins into paper money or should we start rolling our pennies?

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  • #16
    Originally posted by GREENBACK View Post
    Am I the only weirdo that actually gets a little bit of a kick out of rolling them?
    I used to when I was a kid. I loved rolling coins and counting up what I had. I used to hoard pennies and literally had a cabinet filled with neat stacks of rolled pennies and other coins, too.

    Now, I can't be bothered. I'd rather dump them in the Coinstar machine and have it print out my gift certificate. I used to go to Commerce bank (now TD) when it was still free for everyone but that's not an option anymore.
    Steve

    * Despite the high cost of living, it remains very popular.
    * Why should I pay for my daughter's education when she already knows everything?
    * There are no shortcuts to anywhere worth going.

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    • #17
      Originally posted by disneysteve View Post
      I used to when I was a kid. I loved rolling coins and counting up what I had. I used to hoard pennies and literally had a cabinet filled with neat stacks of rolled pennies and other coins, too.
      Must be the big kid in me I don't use hard cash very often so I might roll coins once a year at the most. I kind of like it when my ancient coffee can gets full and I count up the bounty
      "Those who can't remember the past are condemmed to repeat it".- George Santayana.

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      • #18
        Originally posted by GREENBACK View Post
        Must be the big kid in me I don't use hard cash very often so I might roll coins once a year at the most. I kind of like it when my ancient coffee can gets full and I count up the bounty
        I guess the 50-cent roll of pennies just doesn't excite me as much as it used to when 2 quarters would actually buy me a bunch of games of pinball at the local arcade.

        That said, I always toss my quarters in a separate bank on my dresser than the rest of my coins. I use those when we go to the Jersey shore and play in the arcade there so that kid isn't entirely gone.

        The other thing that made rolling coins a little more exciting when I was a kid is that there were still lots of silver coins in circulation then so finding them was always a nice bonus.
        Steve

        * Despite the high cost of living, it remains very popular.
        * Why should I pay for my daughter's education when she already knows everything?
        * There are no shortcuts to anywhere worth going.

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        • #19
          Originally posted by disneysteve View Post
          The other thing that made rolling coins a little more exciting when I was a kid is that there were still lots of silver coins in circulation then so finding them was always a nice bonus.
          I wish someone had told me about the silvers sooner. I have found one 1964 dime in the last two years and thats it. I feel like I would have found much more had I known about it earlier. Its still fun and exciting when you get a quarter that isn't a new "states" quarter and it looks kinda old.....and then you look and its 1965....DANG!!!!

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          • #20
            Originally posted by Mr Nice Guy View Post
            I wish someone had told me about the silvers sooner. I have found one 1964 dime in the last two years and thats it. I feel like I would have found much more had I known about it earlier. Its still fun and exciting when you get a quarter that isn't a new "states" quarter and it looks kinda old.....and then you look and its 1965....DANG!!!!
            I was referring to when I was a kid - from the late 60s on.There were still lots of silver coins in circulation because they weren't worth much more than face value until the silver rush of the early 80s. Today finding a silver coin in change is quite rare.
            Steve

            * Despite the high cost of living, it remains very popular.
            * Why should I pay for my daughter's education when she already knows everything?
            * There are no shortcuts to anywhere worth going.

            Comment


            • #21
              Originally posted by disneysteve View Post
              I was referring to when I was a kid - from the late 60s on.There were still lots of silver coins in circulation because they weren't worth much more than face value until the silver rush of the early 80s. Today finding a silver coin in change is quite rare.
              I can see that. If only you knew what you know now, then, right?

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              • #22
                Originally posted by Mr Nice Guy View Post
                I can see that. If only you knew what you know now, then, right?
                Actually, it wasn't so bad then. We sold our silver in the boom then and did pretty well.
                Steve

                * Despite the high cost of living, it remains very popular.
                * Why should I pay for my daughter's education when she already knows everything?
                * There are no shortcuts to anywhere worth going.

                Comment


                • #23
                  Originally posted by disneysteve View Post
                  Actually, it wasn't so bad then. We sold our silver in the boom then and did pretty well.
                  Was that the 1973 energy/economic crash?

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                  • #24
                    Originally posted by Mr Nice Guy View Post
                    Was that the 1973 energy/economic crash?
                    No. It was 1980 when the price of silver hit an all time high due to the Hunt brothers cornering the market.
                    Last edited by disneysteve; 01-04-2012, 04:45 PM.
                    Steve

                    * Despite the high cost of living, it remains very popular.
                    * Why should I pay for my daughter's education when she already knows everything?
                    * There are no shortcuts to anywhere worth going.

                    Comment


                    • #25
                      Originally posted by disneysteve View Post
                      No. It was 1980 when the price of silve hit an all time high due to the Hunt brothers cornering the market.
                      Wow I didn't know people could still corner the market in this day and age. I thought that ended with Jay Gould! Interesting. I'll look it up.

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                      • #26
                        Originally posted by ms06880 View Post
                        Thank you fellow savers for your feedback. I will give coinstar another look.
                        To Riverwed: Unfortunately, our local bank (chase) branch does not accept the coins in a coffee can...oh well, maybe the answer is to change banks! Thanks anyway!
                        We also bank at Chase, and what they do is provide a sealable plastic bag to send our coins to their central processing location to be counted. Before sealing they require two blank deposit slips be enclosed, then they ripoff the top portion of the bag and give it as a receipt. Depending on the day of the week, the deposit is made in our account in about a week. For whatever reason, Chase hasn't started charging for this, yet.

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                        • #27
                          Originally posted by bjl584 View Post
                          Nope. Most banks won't accept large amounts of loose coins. They have to be rolled.
                          What??? I work at a bank and we do it for free. So did my old bank. If they charge you switch. Businesses will generally get charged but not retail customers.

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                          • #28
                            Some banks will do it if they have the machine for it.

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                            • #29
                              Originally posted by pdweaver View Post
                              What??? I work at a bank and we do it for free. So did my old bank. If they charge you switch. Businesses will generally get charged but not retail customers.
                              My bank wouldn't accept my jar of loose coins. I assume that they don't have a coin counter like yours.
                              Brian

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                              • #30
                                Originally posted by GREENBACK View Post
                                Am I the only weirdo that actually gets a little bit of a kick out of rolling them?
                                I do.

                                As we speak I have a jar of rolled coins on my desk at home. I enjoy rolling them and building up. It kind of seems like "free" money to me. So I can use it on a splurge or just throw it in savings.

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