by OldGuy » 29 Jul 2022, 23:51
I have been saving my loose change for years. I don't have a piggy bank, just a jar for the collection.
I have looked at the CoinStar machines in grocery stores, but they charge a fee for their service. I have seen it anywhere from 7% to 10% of whatever you put in. Seems like they are sort of like vending machines that are privately owned for profit. A slip pops out that you take to the customer service desk or a cashier to collect.
Instead, I went to the bank to ask about coin roll wrappers. The bank gives them out for free. You can roll your own and then take the full rolls to the bank for their full value. The banks do not charge any fees. (Well, some might, but mine does not.)
The last time I rolled and cashed in my collection it was just over $70. I've already got a lot more in the jar, and when it is full, I plan to cash it in again.
It is slow, but it does eventually add up.