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Coins - what to do with them?

$nake_eye$
$nake_eye$ Posts: 413 Forumite
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edited 12 April 2016 at 6:05PM in Debt-free wannabe
So i have a few whisky bottle tubes full of coins, and im not sure what to do with them. Are there any coin machine services around? Or do you just bag them up and take to the bank? Apologies if this is the wrong place to ask
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  • Scottishmummy
    Scottishmummy Posts: 1,176 Forumite
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    Some supermarkets have the coinstar machines but they take a percentage of your money. Most banks have a limit of paying in five bags per day. Some banks have counting machines similar to the coinstar ones which print off a voucher which you take to the counter to have added to your account but you must bank with them. So either check if your bank has any branches with one of those or it will be a few trips with five bags at a time.
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  • crazy_cat_lady
    crazy_cat_lady Posts: 7,063 Forumite
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    I bank with HSBC - they have a machine in one of my large branches where I can deposit coins. No % taken and all done and counted at the machine.
  • sourcrates
    sourcrates Posts: 31,388 Ambassador
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    Can I have one of your empty bottles Please ?
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  • Saver-upper
    Saver-upper Posts: 2,348 Forumite
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    Alot of Natwest branches have counting machines-I guess you would have to be a customer.
    I have heard that Metro branches also have coin-cointing machines.
    Some supermarkets have the machines,but you do pay 9-11% commission,and you have to convert the voucher to cash ON THE SAME DAY (there have been threads on here where people hadn't realised this-I think now most machines have a notice telling you this).
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  • Well, and I'm not suggesting you do this, but I used a small jar of change to pay for my shopping using those self service tills and then transferred the money to adebt that I want saving the coins for.

    Tbh I don't think you need an account with Natwest to using their machine; the machine counts the coins you take the printout slip after it has counted them and then you're given the choice of having the cash or added to your account.
  • robin58
    robin58 Posts: 2,802 Forumite
    The Metro bank coin counting machines are free to use even if you don't have an account.

    Gives you a receipt that you take to the cashier to get in cash in notes or they can put it into an account if you do have one with them.

    You will be given the usual business come on, 'would you like...), but just say no, take the cash and go.
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  • Most importantly, did you enjoy the whisky that resulted in the empty tubes?
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  • glentoran99
    glentoran99 Posts: 5,825 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    sourcrates wrote: »
    Can I have one of your empty bottles Please ?

    Can I have one of the full ones
  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    Use a magnet to sort out the 1p's. Apparrently, the older 1p pieces are made of pure copper whilst the new omes have a steel core.

    Thus, the older copper 1p's are worth more scrap than they are as currency.

    In fact, a lot of 'preppers' specifically save these copper coins as in the event ot a complete collapse in currency values, copper will still have a value.
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  • MrsC....tobe
    MrsC....tobe Posts: 1,103 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker PPI Party Pooper
    If your bank has a business counter they might accept more coin bags from you there, although it is a pita counting them all up. I used to do this but now I use separate jars for all the small coins and when one jar is full we bag what we can from all of the jars and take them to the bank.
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