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  3. Getting rid of coins

Getting rid of coins

Scheduled Pinned Locked Moved The Lounge
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  • D Dalek Dave

    Have you not considered a better option? Spending them. That way there is no counting fee and no lugging them around town on a Saturday morning.

    ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]

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    Dave Parker
    wrote on last edited by
    #38

    lol I tend to accumulate them a lot quicker than I can spend them. Most of its is change from nights out and although I can take a few coins most of the money comes out of cash machines and I have a habit of using notes to pay rather than counting out the coins.

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    • D Dalek Dave

      OriginalGriff wrote:

      punch cards in some format were first used in 1725 for controlling mechanical looms

      Ask Henry about that, bought a Jacquard Bell machine.

      ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]

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      Henry Minute
      wrote on last edited by
      #39

      Dalek Dave wrote:

      Ask Henry about that, bought a Jacquard Bell machine.

      Only once. The shuttle kept failing and I lost count of how many times we had to take it back to Loom World, and we all know what their service is like!

      Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.”

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      • N Nagy Vilmos

        Most banks now have direct coin deposits. Pour in the coins and it credits your account. Without any charges.


        Panic, Chaos, Destruction. My work here is done. or "Drink. Get drunk. Fall over." - P O'H

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        Dave Parker
        wrote on last edited by
        #40

        Yes going to try this soon once I've confirmed the branch I think has one does, and I can access it at night or weekends.

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        • T Tomz_KV

          Using credit cards would save a lot of headache on coins.

          TOMZ_KV

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          Dave Parker
          wrote on last edited by
          #41

          I buy pretty much everything on credit or debit card. The exceptions are bus fare, taxi fare and most pubs/clubs which tend not to take them.

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          • I Ian Shlasko

            Plastic is for medium/large purchases... Cash is for small ones. Then again, I do recall one instance of a friend of mine using a credit card to buy a pack of chewing gum... That was... really odd.

            Proud to have finally moved to the A-Ark. Which one are you in?
            Author of the Guardians Saga (Sci-Fi/Fantasy novels)

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            Dave Parker
            wrote on last edited by
            #42

            I use them to pay at McDonalds. The machine authorizes them pretty much instantly so its a lot quicker than counting change etc, plus I can generate big mac consumption reports etc.

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            • H Henry Minute

              Eeee when I were a lad, the Half Crown was known as a "'alf a doller" because at the time the Crown was roughly 1 dollar. $1 = £4.

              Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.”

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              Dalek Dave
              wrote on last edited by
              #43

              Henry Minute wrote:

              $1 = £4.

              Are you sure? I think there is a case of Cart before Horse. Surely $4 = £1.

              ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]

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              • N Not Active

                Melt them all down, create modern art sculpture from them, sell for more than value of coins. ;P


                I know the language. I've read a book. - _Madmatt

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                Dave Parker
                wrote on last edited by
                #44

                You're probably right. I think it's actually illegal to melt them down now because of this.

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                • D Dalek Dave

                  Henry Minute wrote:

                  $1 = £4.

                  Are you sure? I think there is a case of Cart before Horse. Surely $4 = £1.

                  ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]

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                  Henry Minute
                  wrote on last edited by
                  #45

                  :-O Silly me! BTW Do you need a part time book keeper? I've still got some I forgot to return to the Public Library.

                  Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.”

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                  • D Dave Parker

                    I use them to pay at McDonalds. The machine authorizes them pretty much instantly so its a lot quicker than counting change etc, plus I can generate big mac consumption reports etc.

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                    Dalek Dave
                    wrote on last edited by
                    #46

                    Dave Parker wrote:

                    plus I can generate big mac consumption reports etc

                    Can't you just count the notches in your belt, see which ones are no longer used?

                    ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]

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                    • H hairy_hats

                      Hasn't the Mint just started making steel 5p and 10p pieces because of this?

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                      Dalek Dave
                      wrote on last edited by
                      #47

                      Yes, and it will cost £Billions to adapt all the coin machines to recognise them.

                      ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]

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                      • H Henry Minute

                        Ennis Ray Lynch, Jr. wrote:

                        or whatever The English call pennies

                        New Pennies, or pennies for short.

                        Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.”

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                        Chris Trelawny Ross
                        wrote on last edited by
                        #48

                        Showing your age there, aren't you? :-\ So, here's a quiz I was given in a pub ages ago. What's the next number in the following series: 1/2, 1, 2, 3, 6, 12, 24 ...

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                        • D Dave Parker

                          Having accumulated way too much change I checked out the coinstar machine in asda. I took one jar in (of about 30-ish I'm guessing I could fill) - 2*£2, 89*£1, 94*50p, 114*20p, 112*10p, 37*5p, 5*2p, 23*1p = £178.18. The coinstar machine took a £15.86 service charge plus I had to wait ages at the till while they found the notes to give me in return for the voucher. I've heard some HSBC branches might have deposit machines that do it for free, so going to try and find one in Manchester that's open Saturdays. I've heard the St Annes Sq one is but haven't been to check yet. Either way at least I'll hopefully be able to see the floor of my flat again soon :)

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                          mincefish
                          wrote on last edited by
                          #49

                          If you want HSBC to take them, which they will happily do for you for free, you'll need to bag them up correctly into denominations (i.e. 1ps in a bag, 2ps in a bag, 20ps in a bag etc), and to the correct value. It takes a bit of time, but you can do it in front of the TV for the evening, or whatever. They simply chuck the bags onto the scales, and they know how many coins of the same type there are by the weight. If the bag is light (or heavy I guess), then they won't accept it. Word of advice - take a bag of spares, or be very sure about your counting, or you'll end up bringing a load back!

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                          • D Dave Parker

                            Having accumulated way too much change I checked out the coinstar machine in asda. I took one jar in (of about 30-ish I'm guessing I could fill) - 2*£2, 89*£1, 94*50p, 114*20p, 112*10p, 37*5p, 5*2p, 23*1p = £178.18. The coinstar machine took a £15.86 service charge plus I had to wait ages at the till while they found the notes to give me in return for the voucher. I've heard some HSBC branches might have deposit machines that do it for free, so going to try and find one in Manchester that's open Saturdays. I've heard the St Annes Sq one is but haven't been to check yet. Either way at least I'll hopefully be able to see the floor of my flat again soon :)

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                            Caslen
                            wrote on last edited by
                            #50

                            Collect them all up in a big bag, take them down to the Post Office on pension day morning - get there early before the old biddies then count them out one by one, Revenge!!! :)

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                            • C Chris Trelawny Ross

                              Showing your age there, aren't you? :-\ So, here's a quiz I was given in a pub ages ago. What's the next number in the following series: 1/2, 1, 2, 3, 6, 12, 24 ...

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                              Henry Minute
                              wrote on last edited by
                              #51

                              I've seen that before but, for the moment, the solution escapes me. I'll keep thinking.

                              Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.”

                              1 Reply Last reply
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                              • C Chris Trelawny Ross

                                Showing your age there, aren't you? :-\ So, here's a quiz I was given in a pub ages ago. What's the next number in the following series: 1/2, 1, 2, 3, 6, 12, 24 ...

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                                Dalek Dave
                                wrote on last edited by
                                #52

                                48

                                ------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]

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                                • D Dave Parker

                                  You're probably right. I think it's actually illegal to melt them down now because of this.

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                                  Not Active
                                  wrote on last edited by
                                  #53

                                  Illegal to melt them down or illegal to melt them down and create art ;P


                                  I know the language. I've read a book. - _Madmatt

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                                  • C Chris Trelawny Ross

                                    Showing your age there, aren't you? :-\ So, here's a quiz I was given in a pub ages ago. What's the next number in the following series: 1/2, 1, 2, 3, 6, 12, 24 ...

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                                    Russell Jones
                                    wrote on last edited by
                                    #54

                                    30 a half crown was 2 and 6 or 30 pence

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                                    • E Ennis Ray Lynch Jr

                                      Count your pennies or whatever The English call pennies and order a pizza. Attempt to pay in the counted pennies. Its a mixed bag. Sometimes you get the pizza for free and sometimes they take the pennies. Win-win. I think I will buy my next car in pennies. Of course I may have to rent a truck.

                                      Need custom software developed? I do custom programming based primarily on MS tools with an emphasis on C# development and consulting. I also do Android Programming as I find it a refreshing break from the MS. "And they, since they Were not the one dead, turned to their affairs" -- Robert Frost

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                                      David Crow
                                      wrote on last edited by
                                      #55

                                      Ennis Ray Lynch, Jr. wrote:

                                      I think I will buy my next car in pennies.

                                      I had a friend back in high school that paid for part of a used Mustang with just pennies.

                                      "One man's wage rise is another man's price increase." - Harold Wilson

                                      "Fireproof doesn't mean the fire will never come. It means when the fire comes that you will be able to withstand it." - Michael Simmons

                                      "Man who follows car will be exhausted." - Confucius

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                                      • M mincefish

                                        If you want HSBC to take them, which they will happily do for you for free, you'll need to bag them up correctly into denominations (i.e. 1ps in a bag, 2ps in a bag, 20ps in a bag etc), and to the correct value. It takes a bit of time, but you can do it in front of the TV for the evening, or whatever. They simply chuck the bags onto the scales, and they know how many coins of the same type there are by the weight. If the bag is light (or heavy I guess), then they won't accept it. Word of advice - take a bag of spares, or be very sure about your counting, or you'll end up bringing a load back!

                                        D Offline
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                                        Dave Parker
                                        wrote on last edited by
                                        #56

                                        I'm going to try to find a branch that has a machine that you can just pour your money into without counting / bagging it. I've heard they do exist. If I can't find one I might get a small personal machine to do the sorting / counting and bag it possibly.

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                                        • R Rhys Gravell

                                          There are limits on the maximum value a retailer has to accept as legal tender in coinage in the UK. Something along the lines of; £2 - any amount £1 - any amount 50p - any amount not exceeding £10 20p - any amount not exceeding £10 10p - any amount not exceeding £5 5p - any amount not exceeding £5 2p - any amount not exceeding 20p 1p - any amount not exceeding 20p

                                          Rhys "The trouble with having an open mind, of course, is that people will insist on coming along and trying to put things in it" They say a little knowledge is a dangerous thing, but it's not one half so bad as a lot of ignorance." Terry Pratchett

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                                          Russell Jones
                                          wrote on last edited by
                                          #57

                                          http://www.royalmint.com/corporate/policies/legal_tender_guidelines.aspx[^] Legal Tender Guidelines Legal tender has a very narrow and technical meaning in the settlement of debts. It means that a debtor cannot successfully be sued for non-payment if he pays into court in legal tender. It does not mean that any ordinary transaction has to take place in legal tender or only within the amount denominated by the legislation. Both parties are free to agree to accept any form of payment whether legal tender or otherwise according to their wishes. In order to comply with the very strict rules governing an actual legal tender it is necessary, for example, actually to offer the exact amount due because no change can be demanded. The amounts for legal tender are stated below. BANK OF ENGLAND NOTES: In England and Wales the £5, £10, £20 and £50 notes are legal tender for payment of any amount. However, they are not legal tender in Scotland and Northern Ireland. COINS: Coins are legal tender throughout the United Kingdom for the following amount: £5 (Crown) - for any amount £2 - for any amount £1 - for any amount 50p - for any amount not exceeding £10 25p (Crown) - for any amount not exceeding £10 20p - for any amount not exceeding £10 10p - for any amount not exceeding £5 5p - for any amount not exceeding £5 2p - for any amount not exceeding 20p 1p - for any amount not exceeding 20p

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