Wednesday, January 15, 2014

Coin Collecting

I don't pay with cash often, but I save the coins when I do. This is something I learned from my parents, who also set aside their coins. As kids, we'd get so excited for the rolling party - sorting the coins and putting them in the paper tubes to turn in at the bank. (I was so proud of myself when I finally had enough coordination to start the tube. Did anyone else struggle to get that first coin to lay flat?)

For this round though, I took the cheater route and let the coin counting machine do the work. So here are my coins from 2013:

Oooh, ahhh. Care to guess the total value? To give you some context, that's an 8 cup (nearly 2 liters) container and there are a ton of pennies (only worth 1¢).

Scroll down for the answer. :)




















I'm so bad at these. I always guess way less than what's actually there.





My guess for this container? 5 or 6 bucks.

$18 - what?!  How close was your guess? Do you save coins?

16 comments:

  1. Aren't those automatic counter things wonderful! (sorry - novelty here - our bank only got one last year.) I've just made up a huge sealed box to store our coins towards Christmas. More than anything, I just like to have a place to put all the loose coins that gather in the laundry, bathroom floor etc. from pockets!

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    1. It was lovely! This was my time using one and it saved me a good chunk of time. I like your box idea - we have a pretty coin dish on the way from the garage to the kitchen, but then we have to put the money elsewhere when it fills up.

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    2. I meant to say it was my first time using one. :)

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  2. we collect the coins too.. but haven't ever rolled them. we take them to one of those machines where you drop all the coins and it sorts and counts for you. $18.. yay!

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    1. I think we'll be using the machine from now on - it was so easy. Yes, the total was a pleasant surprise!

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  3. I pay cash for as much as possible, and I saved up my coins (under 25 cents) for the year. It came out to a lot! But because of our pennies being discontinued, they will be uncommon from now on.

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    1. Oh, I forgot you guys have dollar (and $2?) coins. I can understand why you only save the lesser ones. :)

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  4. LOL It's so weird I was just looking at our jars yesterday thinking, "I need to roll some coins." We have three mason jars that are labeled (one for vacations, one for child stuff, and another for emergencies) where we try to evenly toss our extra coins. Heck, it's one way my sister and I saved up for our high school trips to Europe. (That and bottles 'n cans. Lots of bottles 'n cans.)

    I TOTALLY had a hard time getting the first coin to lay flat, too. You're not alone, my friend!

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    1. Ooh, I should earmark the money for something in particular. I turned this batch in for an amazon gift card and spent it on cereal that I was planning to buy anyway. Vacations sounds more fun :)

      And thank you for commiserating on that first coin! We showed it who was boss though ;)

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  5. This concept of 'rolling coins' doesn't exist in australia! We bag them up in certain quantities but less so now as counting machines are so prominent. Even my parish has one, but it's caused all sorts of dramas when it mis sorts a coin!!

    The BF hates change, so he used to pile it on the floor in a corner of his bedroom. Last Christmas, I gave him cash, and then gave my little bro the coins - he loved the humour. My bro spends money like it's going out of fashion, so the coins slowed him down (and tidied the BF's room). When I finished a big can of coffee at work, I took the can and made it the BF's coin location - and he got into the habit of storing them there - now it sits at our buffet at the front door, which is the perfect location. We both raid it regularly for coffee money, and I try to take more of the silver (under a dollar) stuff, as I know the BF prefers the gold ($1 & $2). Slowly, we keep it from getting too full.

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    1. A old coffee can sounds great! As kids, we'd punch holes in the sides of coffee cans and thread a loop of rope through the holes to make stilts. :)

      We don't have enough change to pay for my husband's coffee habit all year, but that would be a great way to save a little when our budget's tight - I'll keep it in mind!

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    2. Oh there's no way we solely pay from the tin, given the 1-2 coffees a day the BF has, but it pays for some, so it's a start!

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    3. Oh, that makes me feel better, haha :)

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  6. I worked as a soda jerk at a drugstore, and one of my tasks was to roll up coins from the ornate cash register at closing. Getting the roll going straight was a challenge involving careful tucking in. We collect coins in multiple containers ~ fortunately our bank has a free coin counting machine.

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    1. You had a lot of practice rolling coins then! I'm surprised they had you do it daily. This was my first time using a coin counter and it was so quick! I think I'll give up doing it by hand :)

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  7. I think you should continue saving them, not just for thrift, but for the added value those are bound to accumulate in the future. There is history that's buried in all those things, which may seem rather slight at this point in time, but can be the main deal a few years on, which can be the key factor in their branding. Thanks for sharing! Kudos to you!

    Angelica Jenkins @ Royal Gold LLC

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