Coin counter, What to do?

[White Silver]

So Ive called around, and none of the banks in my city have coin counters, they all say I could use the coinstar in the grocery store next door, but im not paying the fee. Ive already had to re-roll a box of dime and a box of nickles which wasn't very fun. Any suggestions?

Also, In my box of nickles I didn't find any war nickles or buffalos But i did find a lot of 40s, 41s, 46s, and more. I heard to keep all pre 1956 nickles, Is it worth it to keep them?

 

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[goldencoin]

I rerolled coins for years, it's very tedious at first, but you can get the hang of it very quickly. Also, working with hand-rolled coins is advantageous because they are easier to rewrap in the same wrapper (saves wrappers and they are already "molded" to the shape of the coins). People turn in solid rolls of old coins all the time. But make sure to count, because I've been yelled at for short rolls before, even though it was the person who turned them it before me. For nickels, I keep anything with mintages under 10 million, or especially good shape.

HH
-GC

 

[byzanthia]

I only have one coin counter in the area and try to use it only on an as-needed basis... e.g. for my pennies, which are the biggest hassle. All other coins, I throw them in a box (don't reuse a coin box though, use something generic!) for approx ~200$, and then head to the bank to give to the teller, who puts them in one of those lok bags. Takes 10 days to be counted and deposited, but I don't have another choice.

I have yet to find a bank that accepts my rolls. They all want them in a plastic lok bag for counting at their central location.

 

[madwest]

So Ive called around, and none of the banks in my city have coin counters, they all say I could use the coinstar in the grocery store next door, but im not paying the fee. Ive already had to re-roll a box of dime and a box of nickles which wasn't very fun. Any suggestions?

Also, In my box of nickles I didn't find any war nickles or buffalos But i did find a lot of 40s, 41s, 46s, and more. I heard to keep all pre 1956 nickles, Is it worth it to keep them?

Make the rounds again and ask the banks if they take coin-lock deposits of large amounts of loose coin. If they do, that is much preferable to coin machines anyway. It seems that regions that don't have coin counters are more likely to have coin-lock.

You can use CoinStar and avoid the fees entirely if you shop Amazon, Lowes, JCPenny, Kroger, Albertsons, or others.
http://coinstar.com/FreeCoinCounting

If you do have to roll, consider this: http://www.samsclub.com/sams/shop/product.jsp?productId=133336. At about $90, it is a decent machine.

 

[gordon and tanner]

Here is another option. This will tie your money up for a while but it may help. My home mortgage is with BoA. When ever I am in there, they try to get me to sign up for a free checking account. I have not signed up yet but if I did, I could bring in bags of coins (your cents) and they would have them sent downtown to be counted and deposited in my checking account. Which I could withdrawal or apply to my mortgage payment.

I have not done this yet because I have a great dump bank and do not need the hassle of a new account. Perhaps the bank that you already use will have this service. It would tie you money up for a few days but eventually you can save up enough extra cash to deposit coins while at the same time withdrawing cash from the deposit you made a few days before.

Let me know if this helps

Gordon and Tanner