Getting rid of coins
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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
You're probably right. I think it's actually illegal to melt them down now because of this.
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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[^]
:-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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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.
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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Hasn't the Mint just started making steel 5p and 10p pieces because of this?
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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.”
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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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 :)
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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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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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 ...
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.”
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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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You're probably right. I think it's actually illegal to melt them down now because of this.
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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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 ...
30 a half crown was 2 and 6 or 30 pence
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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
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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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!
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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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
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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There's inflation for you. I heard £40M, possibly rising to £100M. Are you sure "billions" isn't hyperbole?
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2 Farthings to the Ha'p'ney. 2 Ha'p'ney's to the Penny. 3 Pennies to the Thruppeny Bit. 2 Thruppeny Bits to the Sixpence. 2 Sixpences to the Shilling. 5 Shillings to the Half Crown. 2 Half Crowns to the Crown. 2 Crowns to the Pound. 1 Pound and a Shilling to a Guinea. Simple, why did we have to change it, that's what I want to know!
------------------------------------ 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[^]
You've got yer crown all wrong! A crown was 5 bob, 'arf a crown was 2s 6d. Therefore 4 crowns to the pound. You are a prime example of why it was changed (pun intended).
Phil
The opinions expressed in this post are not necessarily those of the author, especially if you find them impolite, inaccurate or inflammatory.
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2 Farthings to the Ha'p'ney. 2 Ha'p'ney's to the Penny. 3 Pennies to the Thruppeny Bit. 2 Thruppeny Bits to the Sixpence. 2 Sixpences to the Shilling. 5 Shillings to the Half Crown. 2 Half Crowns to the Crown. 2 Crowns to the Pound. 1 Pound and a Shilling to a Guinea. Simple, why did we have to change it, that's what I want to know!
------------------------------------ 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[^]
Dalek Dave wrote:
5 Shillings to the Half Crown.
Half a crown = 2s 6d - price of a bottle of Broon when I was a lad. :)
Regards David R --------------------------------------------------------------- "Every program eventually becomes rococo, and then rubble." - Alan Perlis The only valid measurement of code quality: WTFs/minute.
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You're probably right. I think it's actually illegal to melt them down now because of this.
Under Section 10 of the 1971 Coinage Act - no person shall, except under the authority of a licence granted by the Treasury, melt down or break up any metal coin which is currently in circulation in the United Kingdom.
Phil
The opinions expressed in this post are not necessarily those of the author, especially if you find them impolite, inaccurate or inflammatory.
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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.
Just take them to your bank and pay them in to your account. They have to accept them, and count them, even if it is by hand and slowly. If you ask them for a bunch of coin bags and bag them up yourself then they just weigh the bags to check. No problems and no charge.
If you have knowledge, let others light their candles at it. Margaret Fuller (1810 - 1850) [My Articles] [My Website]
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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.