Twenty-Four Pounds of Coins: While I was working my son's computer yesterday, I gathered the coins that were in jars and whatever and put them all into a large coffee container. It...

jerryc41 Loc: Catskill Mts of NY

While I was working my son's computer yesterday, I gathered the coins that were in jars and whatever and put them all into a large coffee container. It weighs 24 lb! He's one of the few people still using actual money, so he accumulates lots of change. Our bank has a coin machine that processes coins, gives us a receipt, and then we deposit it. There must be well over $100 there. Imagine what it was like in the old days before paper money. Even worse, many coins were gold - rather heavy.

Country Boy Loc: Beckley, WV

It is getting too far down the road but not too many years back you could go through coins like that and find many silver coins. My last few years doing consulting along with some just out of college age people I found that while I used regular money they rarely ever had more than $5 cash on them. It was all plastic which was new to me. How times have changed.

jbgs

With the pandemic, many fast food places and what not are saying use exact change or plastic only. I know in some countries it is card only, there is no cash in circulation any more. Even though cash can be very dirty, I don't think the United States will go to a plastic only form of currency any time soon. However, it dose seem to be going that way.

John_F Loc: Minneapolis, MN

Over the years I had been tossing loose change into a stout bag. I didn’t weigh it, but my account was credited $83.

tradio Loc: Oxford, Ohio

I toss my quarters into an old pickle jar and the other day, I rolled and deposited $610 into my fun account. It took three years to accumulate that stash and only a few minutes to spend it.

jbgs

I have heard that some banks charge a convenience fee for taking large amounts of coins even if the are rolled, which I think is dumb it is all money.

Country Boy Loc: Beckley, WV

I saw a special on TV that covered several things but one thing was the change counter the offer to people that don't want to roll their own. I can't remember just how much but they tested several and most under counted the coins by a small amount. I'm sure they have improved them by now.

jerryc41 Loc: Catskill Mts of NY

tradio wrote:

I toss my quarters into an old pickle jar and the other day, I rolled and deposited $610 into my fun account. It took three years to accumulate that stash and only a few minutes to spend it.

Wow! The most I ever had was $320 in 2008, but it's been downhill since then.

DirtFarmer Loc: Escaped from the NYC area, back to MA

Running a farm stand, we did not take credit cards since initially we didn't have a phone line. Cash or check only (credit to known customers). When we started I used to make weekly trips to the bank to get coins. People didn't use coins to pay for things. They used paper and got coins in return. Consequently there was a net outflow of coins, and I had to keep a supply on hand.

The coins that disappeared fastest were pennies and quarters. Nickles and dimes I could pick up a couple sleeves every two or three weeks, but pennies and quarters were always needed every week. To limit trips to the bank I would buy a box of quarters at the beginning of the season. $500 in quarters. Also picked up $50 in pennies.

I could carry them, but it was a strain, and I was in better shape in those days.

DirtFarmer Loc: Escaped from the NYC area, back to MA

jbgs wrote:

... I don't think the United States will go to a plastic only form of currency any time soon. However, it dose seem to be going that way.

My local hardware store is plastic only. No cash. Many of the supermarkets encourage plastic since there is a shortage of coins. Don't know about other stores, those are the only ones I have visited for several months now.

SteveR Loc: Michigan

jerryc41 wrote:

While I was working my son's computer yesterday, I gathered the coins that were in jars and whatever and put them all into a large coffee container. It weighs 24 lb! He's one of the few people still using actual money, so he accumulates lots of change. Our bank has a coin machine that processes coins, gives us a receipt, and then we deposit it. There must be well over $100 there. Imagine what it was like in the old days before paper money. Even worse, many coins were gold - rather heavy.

Don't get too excited, Jerry. I had a canister filled up, similar in size to a 5# coffee canister. It contained various denominations of coins. My bank let me put the coins into bank bags for deposit and the bags were run through a counter overnight. 27 dollars.

JustJill Loc: Iowa

jerryc41 wrote:

While I was working my son's computer yesterday, I gathered the coins that were in jars and whatever and put them all into a large coffee container. It weighs 24 lb! He's one of the few people still using actual money, so he accumulates lots of change. Our bank has a coin machine that processes coins, gives us a receipt, and then we deposit it. There must be well over $100 there. Imagine what it was like in the old days before paper money. Even worse, many coins were gold - rather heavy.

We do that too. Put all of our change in a container and then bring it to the bank. Usually about $100. Then we go out for a nice steak supper for 2. Of course we have not been out for a good meal for awhile. I am grilling steak for supper tomorrow.

jinx

A few years ago I took my jugs and jars to my bank. They ran them through the coin counting machine. Over $800.00. Three years ago my husband took our change to the bank and they could/would not count it. They no longer had a machine and did not take rolled up coins. He was able to cash it in at a bank that does not have our account. This year they are offering bonuses if you bring in your change.

jerryc41 Loc: Catskill Mts of NY

SteveR wrote:

Don't get too excited, Jerry. I had a canister filled up, similar in size to a 5# coffee canister. It contained various denominations of coins. My bank let me put the coins into bank bags for deposit and the bags were run through a counter overnight. 27 dollars.

Lots of pennies and nickels.

jerryc41 Loc: Catskill Mts of NY

DirtFarmer wrote:

My local hardware store is plastic only. No cash. Many of the supermarkets encourage plastic since there is a shortage of coins. Don't know about other stores, those are the only ones I have visited for several months now.

Not only because of a shortage of coins. Using cash means a physical connection between customer and the cashier - several hundred times a day. I use the card for any amount now. I haven't seen any of those "Minimum" signs for using plastic.