Returning your discards "halves".

RED THUNDER

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Scott (Mich)

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Re: Returning your discards.

My bank has its coin machine in the basement, so I take my box of halves right up to the teller at the counter and give her one of my deposit slips and then I am off. I have pre-counted the halves and they have always matched (so far) what shows up on my bank statement. My bank does not charge for coins turned in as long as they are for deposit.

Happy Hunting,

Scott (Mid-Mich)
 

Silver_Fox

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Re: Returning your discards.

RED THUNDER said:
I went to my designated bank to dump my discards, approximately $3,000.00 worth. It generally take 30 min per $1,000.00. Spent allmost two hours! :P How long does it take the rest of you to dump $1,000.00 worth?

Red Thunder
It depends. I have one bank I dump $500 to $1000 a week but it is in bank bags they provide at $500 per bag. Walk in, set on counter, get 5 large and leave. I also drop 2-300 in rolls at a few different banks. Usually about an hour after all the running around and waiting in line. I have $2000 to dump today.
 

fiatboy

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Re: Returning your discards.

I wish I could give you a straight answer, but all the coin counting machines in my area are ridiculously fussy. Sometimes they'll reject coins for no reason, sometimes they run fast, other times slow. I never know what to expect when I cash in my coins. As long as they're accurate, I don't care. There is one bank that has a really top-notch coin counter, but it's a little too far away. Anymore, I'll just wait till I have I huge hoard of rejects, and off to the good one. A thousand dollars at top speed? Twenty minutes. But that's rare.
 

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RED THUNDER

RED THUNDER

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Re: Returning your discards.

packerbacker said:
5-10 minutes at the casino coin counter.

Must be nice... :)

Red
 

fiatboy

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Re: Returning your discards.

5-10 minutes at the casino coin counter.

I've used one of those things but once, and it was very nice....lucky dog. :)
 

TxTim

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Re: Returning your discards.

Red-

Sounds like you have a counter that is in disrepair. I had problems with a belt machine like that once and came back when it was fixed. Most machines will count $1000 in about 10 - 15 minutes. The tub machine with a bag will whip them through in 3- 5 minutes but then they have to change bags which is a slow process when the bank is busy.
Best bet is to get with bank who will furnish you bags that you can drop off.
 

jrf30

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Re: Returning your discards.

I can dump $1,000 in halves in about 5 minutes.

Well, actually it is normally about $998.50, as I get about 3 keepers (2 NIFC and ONE silver in TWO boxes! Yep, that is reality here) but still t only takes about 5 minutes to do $1,000 in the new bank I am using that has a wonderful coin counter. :-)

J
 

fiatboy

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Re: Returning your discards.

oops....I didn't quite understand the question when I answered it. Everyone here is talking about halves, right? Since I search halves, dimes, nickels, and pennies, I was thinking of what it's like when I dump different denominations altogether. I haven't dumped only halves in a long time. Halves and pennies are what I search the most, so uh...those pennies really slow things down. Right now I'm looking at a bag of at least $200 in just pennies. That'll take a while to get rid of. :P Just halves? ooo...that's easy! 8)
 

GMan00001

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Re: Returning your discards "halves".

RED THUNDER said:
I went to my designated bank to dump my discards, approximately $3,000.00 worth of halves. It generally take 30 min per $1,000.00. Spent allmost two hours! :P How long does it take the rest of you to dump $1,000.00 worth?

Red Thunder

Though they weren't halves, I dumped my standard amount this morning, two large canvas bags full/overfull. It was just over 16,000 coins (mix of quarters, nickels, and pennies). I was in and out in 10 minutes or so. Love those self-serve coin machines. ;D

Halves go slower in those due to their size, but still go at a pretty good rate if you don't pour too fast and overload the spinning part. If you overload it, they have a tendency to get stuck/semi-stuck which slows everything way down. Still only takes a couple minutes for $1000 worth, but boy do they make the machine loud.
 

Silver_Fox

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Re: Returning your discards.

TXTim said:
Red-


Best bet is to get with bank who will furnish you bags that you can drop off.
That's what one of my dumps does. $500 a bag, usually twice a week.
 

silverfinder37

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Re: Returning your discards "halves".

my main dump takes about 20minutes to dump $3,000.-$4,000.00 and when I come there is always someone to help,or maybe to get me outa of their hair faster ;D either way they have an old casino style counter which rocks.
The other options near by take about 1 1/2 hours for $1,000.00 nothing worse then spending your day off sitting next to a coin counter.
On another note, I used to have over 21 coin counters in my metro area I am now down to just a handfull with only 2 being fast and accurate.
Best Regards, Ray
 

jrf30

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Re: Returning your discards

I timed it last night, since it is a topic of discussion. I feel blessed with the bank coin counter I now have here (It is new, at a new bank). I discarded $2,000 in halves and $125 in pennies (Minus what I kept, so probably $1,997 in halves and $100 in pennies. I keep pre 1982) Plus some loose change I had in my pockets from the past week of getting it back from stores. It took me 14 minutes, but that is becaus they had to replace the 50 cent bag for me. It had to be empty when i started, because it took $1,000 exactly to fill it. When i left it wasn't full the second time yet, but it was within about $2 of full. :-)

Anyway, 14 minutes to do pennies AND halves, and both in LARGE quantities. PLus a few quarters and things. My total receipt was for $2101.07, so that had to be pretty accurate.

SOmeone asked me the name of teh machine. I'll look next time I go (Probably next Friday again).

I'd rather have some of your luck with SILVER than have a great counter. It doesn't tke me much time ot return my coins, but the problem is that I DO return my coins. Almost NO silver. My AVERAGE box is now LESS THAN ONE SILVER. I'be done 26 boxes, wiating for that mythical awesome one, but have found only 1-90% and 15- 40%. And 11 of the 16 came in one box. My second best box is still TWO total. And my MAJORITY have been SKUNKS.

But I have a great coin counter. :-)

John
 

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