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Lack of coin-counting machines: Many national banks have removed or stopped offering automatic coin-counting machines to customers. ... The bank may also charge you to make a large coin deposit.
Suncoast Credit Union has self-service coin-counting machines in each branch lobby, but while they’re cheaper than machines in retail stores, they’re not free. Members pay a 5% fee on the coin ...
Many coin-counting machines at retailers, including Coinstar, allow you to exchange your coins for a gift card with no extra fee. Some gift cards offered include Amazon, Starbucks and AMC Theatres ...
Coinstar, LLC (formerly Outerwall, Inc.) is an American company operating coin-cashing machines.. Coinstar's focus is the conversion of loose change into paper currency, donations, and gift cards via coin counter kiosks which deduct a fee for conversion of coins to banknotes; it processes $2.7 billion worth of coins annually as of 2019. [2]
A typical counter of presorted coins uses a bowl with flat spinning disc at the bottom to distribute coins around the bowl perimeter. An opening in the edge of the bowl is only wide enough to accept one coin at a time. Coins either pass through a light-beam counter, or are pushed through a spring-loaded cam that only accepts one coin at a time.
Pennies from pre-2010 and nickels minted between 1982 and 2000 are very common because their composition is similar to American coins, so coin counting machines can't tell the difference. Various currencies, including the 500 Italian Lira coin, the 5 South African Rand coin, and the 10 Thai baht coin, are similar to the 2 Euro coin and are ...
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