Do you count your change? O.T.

neverfear · Feb 4, 2017

This was in this weeks local paper.
Just gives you that warm fuzzy feeling about your bank doesn't it?
You may have to rotate it. Sorry

Jon Erickson · Feb 4, 2017

Interesting story, for sure. Thanks for posting it.

Rons b · Feb 4, 2017

I had the same happen when I brought in loose change. So I roll them and bring them in and the put the rolls into trays that if they don't fit then the roll is not correct and its rejected so there is no mistake.

Indiana Ken · Feb 4, 2017

It would be interesting to know if their scale comes up with the correct answer for brand new coins. Old coins could be worn down a little.....?

pete black · Feb 4, 2017

Time was i would roll the coins to cash them in and i was required to put name and acc. number on each roll. Now i just give accumulated coins to grand daughters.

Steve@Advance · Feb 4, 2017

Sounds like their machine is malfunctioning, and they don't want to admit it!

There certainly is cause for him to file a complaint with the Federal Reserve. He may never get his money back, but I bet the bank would have some explaining to do!

Brown Swiss · Feb 4, 2017

They never over pay do they! LOL

Crazy Horse · Feb 4, 2017

Easier to lay down on my left side to read it ...... I'm old school !!!

newhollandnut · Feb 4, 2017

I have my own sorting machine and roll them at home one my bowl gets full and take them in. They just count the rolls and take them. Don't open weigh or count and there's never been a problem and I usually go in about twice a year with usually over $200 in coins

nl00sb · Feb 4, 2017

Sounds like a bad place to do ur banking

D beatty · Feb 5, 2017

Your lucky where you live because none of the banks around here will not take them rolled.

FBH44 · Feb 5, 2017

I had no idea. That certainly is convenient for them, isn't it? The more worn the coin, the more value it has TO THEM, and the less TO YOU. Sounds very illegal, the State makes all the vegetable scales in every supermarket get annual inspections, every gas pump gets annual calibration and inspection. think its time to raise holy heck with your state banking commission. FOR SURE!

Indiana Ken · Feb 5, 2017

(quoted from post at 05:02:59 02/05/17) I had no idea. That certainly is convenient for them, isn't it? The more worn the coin, the more value it has TO THEM, and the less TO YOU. Sounds very illegal, the State makes all the vegetable scales in every supermarket get annual inspections, every gas pump gets annual calibration and inspection. think its time to raise holy heck with your state banking commission. FOR SURE!

The scale may very well be accurate, the process they use may be the problem. To use a counting scale a sample, say 10 pennys are placed on the scale. You then enter the number 10, which informs the scale what 10 pennys weigh. The scale can now weigh the entire sample and calculate the number of pennys. Of course, larger samples will provide more accurate measurements.

Brendon Warren · Feb 5, 2017

On paper money all bills weigh one gram. I save all of my ones and fives to pay my taxes with. Its a lot easier to weigh them than to count all those ones. I'm usually within a dollar or two when I go to the bank.

rrlund · Feb 5, 2017

I wouldn't know,I spend mine. I took a cashier at Wal Mart a little off guard the other day. The wife bought something that was $6.60. I gave her a ten,a one,two quarters and a dime and told her to just give me back a five. She looked a little confused until she punched it in to the register and it told her to. I'll generally always try to pay with the correct change,or as near as I can to come up with the largest bills back in change as I can. Of course,some times I have to pay in a larger bill,only to get some change.

MARK ROBKE · Feb 5, 2017

I almost always pay for everything with a credit card-I may not use cash for months at a time.I never carry change anymore.And where I do use cash,it is somewhere that takes whole dollars.I ran thru a McDonold's drive-thru the other day,and they announced their credit machine was broke,cash only,so sorry.So I paid cash,and got coin change back,and was sitting there looking at the change thinking what am going to do with this?LOL!Mark

jimg.allentown · Feb 5, 2017

Weighing pennies will never result in a correct count. Since there will invariably be pennies from 1982 and newer mixed in with pennies from 1892 and older. Pennies went from a copper alloy (95% copper and 5% tin I think) to copper plated zinc in mid 1982. The pennies have different weights. That is how I separate the copper from the zinc 1982 pennies. I use a powder scale, and weigh them. Copper pennies were heavier. Older coins having more wear will weigh measurably less than newer less worn coins. This difference in weight can add up. Maybe not in a couple of rolls, but in large quantities, it can make a significant difference. Counting by weight is pure LAZINESS!!!

Do you count your change? O.T.

neverfear

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Jon Erickson

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Rons b

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Indiana Ken

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pete black

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Steve@Advance

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Brown Swiss

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Crazy Horse

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newhollandnut

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nl00sb

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D beatty

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FBH44

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Indiana Ken

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Brendon Warren

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rrlund

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MARK ROBKE

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jimg.allentown

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