What do you do with lots of coins?

I have one large money box of coins - I put my change into it and takes about 6 months to fill up - then I take it to credit union which has a free coin machine as long as you have an account there - the machine counts the money, gives me a reciept which I take t o teller and gets deposited into my account.
 

They're in the closet in jars. My wife saved them, not me. I should take a handful and put in my pocket now and then when I go to Dollar Tree and use them to buy something. It would be like getting "free stuff."
 
My husband was an avid penny collector with dates going back to 1900. He was looking for the 1930 Australian penny which was very rare.
Never found one. There were 3 bullet boxes, bought from an army disposal store which held them. After he passed away, I didn't know what to do with them, so I rang a coin dealer who came to my home, weighed them and offered me $350.00 which I accepted.
 

Use google to check if there is a CoinStar machine located near you. If you accept a gift card for the amount of the coins, there is no fee.
I used it when I lived in NYC and chose Amazon gift cards. There is a limit per transaction. I seem to remember it was $250.
Here is a list of gift cards offered. Choose an eGift Card at Coinstar
I use CoinStar, too, for that reason (i.e., no fee for an Amazon gift card).
 
If you have the time check out ebay. Put quarters in the search and look at the solds.
Some of the older ones sell for some money. A lot sell for more than a quarter.

I have a ton of coins myself. I will get around to it one of these days. I will admit its very time consuming looking them up.
Im working on getting rid of things that take up more space right now.

You could also check out coin dealers. You wont get as much but you will probably get more than face value.
I thought of going through them. But it dawned me that I have no idea which was worth anything. I'd have to be a coin expert. to really examine them. And I must have a thousand coins. Plus what little I know about collecting coins, the big bucks go for uncirculated, ultra fine coins.
 
I thought of going through them. But it dawned me that I have no idea which was worth anything. I'd have to be a coin expert. to really examine them. And I must have a thousand coins. Plus what little I know about collecting coins, the big bucks go for uncirculated, ultra fine coins.
You dont need to go thru all that. Some sellers list their rolls as unsearched. A roll is $10 so you start the bid there.
Sort them by type. For example Washington quarters. You take good pics so they can see the dates and let people bid on them . Sometimes there are sleepers and people go crazy. And other times you get $10.

Seriously. If you just want to unload them I would take them to a coin dealer. At the very least you will get face value.

This is from AI
Washington quarters minted from 1932 to 1964 are made of 90% silver, and their value is also influenced by the current silver melt value. As of July 29, 2025, the silver melt value for a 90% silver Washington quarter is around $6.92.
 
so many options different banks / credit unions some machines are fee free others want a cut.
have rolled them and deposited as well. I do not use much cash. Most of the coins in jar I have I found on ground while walking.
In one year I collected about $60 cash. so far this week I only found 16 cents lol

I just kept a bag with me in car and used at the self checkout for small grocery runs or given to bell ringers around holiday.

largest purchase was about $13 in one trip at self checkout ......mostly dimes nickles and pennies.
of course goes without saying do on off times so they do not have a line backed up... It takes a while to insert them.
 
Earlier this year I had a good sized jar of mixed coins. None of the banks nor businesses here have coin counting machines so I spent several days sorting the coins then putting them into wrappers then taking them to the bank. It was a little over $200 when all was said and done.
 
I have a huge pile from my system... Change collects in cup, sorted and searched for older... wheat penny's and silver and war nickel's still show up. penny nickel dimes in one jug, quarters in another. When the penny jug gets full it goes to the bank and converted to rolled dollar or half dollar coins. I have a shoebox full of the rolled 50/$1 coins and currently working on my 3rd gallon jug of quarters.
Then the old penny's and silver coin value.
 
US twenty five cent coins that were made BEFORE 1965 are silver content. Same for the 50 cent coins. The spot price for a ounce of silver today is ....About $42 USD. Those pre 1965 coins are worth MORE than their face value at any precious metal buyer shop. JIMB.
 
There are actually people who buy rolls of coins as a hobby. They're called Coin Roll Hunters or; CRHers.
They buy rolls of coins, mostly from banks, then meticulously sort through them one at a time to determine if there are some coins of value to collectors. Apparently, most of them do quite well at it however, you have to know what to look for.
If you have any coin collector clubs or associations near by to you it might be worth contacting them to see if they have any Coin Roll Hunters among their membership and if any are interested in purchasing your rolls of coins at face value.
Funny story: When I was a kid, the guy who was in charge of the collections at our church would deposit all the bills and checks each week, but hold onto the coins until there was enough to make it worthwhile to sit and wrap them up. There was another guy who asked if he could just buy the rolled coins as he was a coin collector and wanted to go through them. He'd collect them and write a check to the church for the amount. I'm not sure how they found out, but what he was doing was claiming the checks he wrote were "donations" to the church and he was claiming them as charitable donations on his income tax. Well, that was enterprising, to say the least.

As for putting the coins in a coin machine, the grocery store I used to shop at had one of those machines and didn't charge for the service IF you took your money as a gift certificate for the store. That was fine with me....I was spending my money there anyway. Now we just turn them in at the credit union, they'll take ten rolls maximum at a time.
 


Back
Top