If you are like most people you have somehow found yourself to be in possession of literally millions of pennies, nickels and dimes — they are probably littered about in containers around your house. You would like to convert them to some real money right? I am sure by now you have heard of the RIDICULOUS service “Coinstar“. This company has kiosks in supermarkets and other venues that allow you to dump your loose change into their machine, which then sorts and counts your money and gives you a nice little receipt showing you exactly how much you dumped in. You can then take this receipt to the counter to get your money. Sounds nice right? Well unfortunately Coinstar is not a “Not for Profit” business, so they take a 9% cut of your money. Seriously? 9% for you to count my change? So if you were to dump about $11 in change, you would get back $10.01. I don’t think it was worth a dollar to have them do that.
There are ways around this, however. The first (and best) is your usually at your bank. A lot of banks have their own counting machines, and will count/sort and convert it to dollar bills for free. (Most of the time they don’t even ask if you are a member) However there is a growing trend that banks want you to roll your change in order to change to dollar bills. If this is the case with your bank, just try another, to see if they have a counting machine. Many people have commented that most Commerce Bank have coin machines.
Then of course is the ‘ol 1¢ trick. I believe this was posted in 2600, sorry I don’t remember who wrote it. The way this trick works is you put in 1¢ (0.01) and cash out. The machine gives you a receipt for 1¢ (0.01) because there is no way to take 9% from a penny. This is all fine and good, but it will take quite a bit of time — Not to mention you can only use pennies and you have to hand the cashier 40 billion receipts. But it is an interesting hack, so I mentioned it here.
And then is the post office. In most post offices, located in the lobby is an automated stamp vending machine. The interesting thing about this vending machine, is it gives you your change in Dollar and Fifty-Cent coins! So if you have some change you would like to ..um.. “change” go to the post office at around Midnight (or when the PO is really dead) and find the stamp machine. Pumped in all of your pennies, nickels, dimes, and quarters. I selected to buy one 39 cent stamp and hit the coin return.
Apparently I put in over $8 because I got back seven of the dollar coins (those are GREAT on toll roads!!!,) one fifty cent piece and a quarter.
Ok, so I still have coins, but they are of larger denominations, and I can now take them to the bank.
Post Office idea obtained from jonnyGURU of ATOT Forums: