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-   -   Man cashes in $13,000 in pennies at coinstar. (http://archives2.twoplustwo.com/showthread.php?t=301384)

astroglide 07-27-2005 12:18 AM

Re: Man cashes in $13,000 in pennies at coinstar.
 
someplace with a rolling machine (such things must exist) would probably do it, or even coinstar themselves

SamIAm 07-27-2005 12:21 AM

Re: Man cashes in $13,000 in pennies at coinstar.
 
[ QUOTE ]
Edit: 8% is rape, no matter how much or how little your coinage is.

[/ QUOTE ]Right. That's how % works. [img]/images/graemlins/smile.gif[/img]
-Sam

Thythe 07-27-2005 12:28 AM

Re: Man cashes in $13,000 in pennies at coinstar.
 
I don't understand all this rolling talk. I went to the my bank to cash in some coins, and the few that were in rolls they told me to unroll and dump into the bins that I had brought in (also full of coins).

kipin 07-27-2005 12:31 AM

Re: Man cashes in $13,000 in pennies at coinstar.
 
[ QUOTE ]
[ QUOTE ]
i think they take like 8%! i cringe at the thought of anyone ever using one of those machines.

[/ QUOTE ]

Can you offer an alternative?

Besides rolling the coins myself.

[/ QUOTE ]

Lots of banks provide this service free of charge.

A_C_Slater 07-27-2005 12:36 AM

Re: Man cashes in $13,000 in pennies at coinstar.
 
Commerce, thanks.

I tried Standard Federal and 5th 3rd but they didn't have these machines.

If banks have these machines then why the hell would coinstar exist? They'll take 53 pounds of change?

kipin 07-27-2005 12:39 AM

Re: Man cashes in $13,000 in pennies at coinstar.
 
[ QUOTE ]
If banks have these machines then why the hell would coinstar exist? They'll take 53 pounds of change?

[/ QUOTE ]

Why do check cashing places exist? Because people are dumb and lazy.

smb394 07-27-2005 12:43 AM

Re: Man cashes in $13,000 in pennies at coinstar.
 
[ QUOTE ]
[ QUOTE ]
If banks have these machines then why the hell would coinstar exist? They'll take 53 pounds of change?

[/ QUOTE ]

Why do check cashing places exist? Because people are dumb and lazy.

[/ QUOTE ]

I'm not sure if their reporting requirements are as stringent as most banks either. Additionally, they could be taking on more risk with their customers than most traditional banks. Both of these are guesses, so I could be wrong. But agreed on the dumb/lazy point.

David04 07-27-2005 01:00 AM

Re: Man cashes in $13,000 in pennies at coinstar.
 
[ QUOTE ]
[ QUOTE ]
The pennies, which Knowles stored in four 55-gallon and three 20-gallon oil barrels in his garage, weighed more than 4.5 tons.

[/ QUOTE ]

[ QUOTE ]
I have 53 pounds in mixed change.
Anyone have more than that?

[/ QUOTE ]

It's like some weird quiz where he reveals the answer first.

[/ QUOTE ]
Nice.




I've seen a lot of Mitch Hedberg quotes on OOT lately, did people just disvoer him or something?

rusty JEDI 07-27-2005 02:36 AM

Re: Man cashes in $13,000 in pennies at coinstar.
 
Illegal

But with the cost of copper it might be better to take it to a scrap and salvage place.

rJ

tdp 07-27-2005 03:02 AM

Re: Man cashes in $13,000 in pennies at coinstar.
 
[ QUOTE ]
Illegal

But with the cost of copper it might be better to take it to a scrap and salvage place.

rJ

[/ QUOTE ]
Pennies are made from zinc with a micro thin copper coating.


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