What to do with loose change!?

[Ducay]

Originally Posted by Cscutch

The downtown safeway and westbrook mall safeway both have these machines... Use the all the time. They charge you 10% if you want cash but it is 1 to 1 if you take the safeway gift card.

Chris

Wow, didn't know this. I've looked at these machines a couple times, but thought they charged 10-15% even when taking gift cards.....If I can get 100% back in giftcards then its a no-brainer if I buying groceries there anyways.

[Tron_fdc]

Originally Posted by Ducay

Wow, didn't know this. I've looked at these machines a couple times, but thought they charged 10-15% even when taking gift cards.....If I can get 100% back in giftcards then its a no-brainer if I buying groceries there anyways.

Unless you factor in Safeway's 10-15% premium on groceries!

What might be really awesome would be a coin machine in front of my local watering hole. I'd totally drink overpriced booze for my hundreds of dollars in couch pennies.

[freedogger]

The Bank of Montreal has one branch right now in Calgary that offers a free coin machine service. You don't have to be a BMO customer to use it. I think the new branch in Aspen Landing, slated to open in December will have one of these too.

I tried it out today and it is fast and very accurate. It is a new branch, not on their locator yet so here is the address:
335 - 8888 Country Hills Blvd. N.W. in Northwest Calgary

http://www2.bmo.com/bmo/files/news%2..._branchEN.html

"One of the best parts of having these coin machines, is that regardless of whether you are a BMO customer or not, everyone can use these coin machines. Everyone is invited to come in and turn their coins into cash, and if they have any financial questions, they can get them answered at the same time."
http://banknerd.ca/2011/04/06/bmo-in...across-canada/

[squiggs96]

What about taking your coins to a casino? With all the slot machines they have there, you should be able to hand in your coins. If not, you could feed them all into a machine and cash out.

[-TC-]

Originally Posted by Tyler

I regularly throw pennies in the garbage, because who give a flying fata about pennies

me too, or I leave them on the ledge outside the drive through window

[Sr. Mints]

All pennies.

This is one of those monster Costco-sized pickle jars, and it must weigh 15-20 pounds now. No idea what I'm going to do with this fortune I've amassed . . . perhaps I'll bury it when it's full and draw up a treasure map.

[Morozee]

I always check the dates on my quarters when it comes time to roll my loose change. Quarters from 1920 - 1967 contain 0.164 oz of silver and quarters from 1919 and earlier contain 0.189 oz of silver. Some quarters issued in 1967 and 1968 contain only 0.089 oz of silver. So for example $10 worth of 1966 quarters contains 6.56 oz of silver. At $30/oz that's $196.80! It's becoming increasingly rare to find these quarters now, but if you have a large collection of "old" change laying around odds are there are quite a few mixed in there.

[4X4]

Originally Posted by -TC-

me too, or I leave them on the ledge outside the drive through window

GMG when I leave pennies at one store early in the day, and then get pinched by a cashier later in the day. 24 cents change? FU.

[puckluck]

Originally Posted by fotze

i have so much money (cause I work hard for it) that I just throw change in the garbage, it may fall out and I don't notice due to my large bank account, last time I had my butler clean my car he found $14,000 in change, I just hucked it at his face for talking to me.

One of the funniest posts I think I've ever read.

[kirant]

Originally Posted by Sr. Mints

All pennies.

This is one of those monster Costco-sized pickle jars, and it must weigh 15-20 pounds now. No idea what I'm going to do with this fortune I've amassed . . . perhaps I'll bury it when it's full and draw up a treasure map.

Pay off a towing fee.

[GirlySports]

How do you collect that much? That would drive me nuts.

I use quarters, loonies and toonies. Mostly to buy coffee or ice cream.

Dimes, nickels and pennies? I put those in the charity boxes and don't take it home.

[Ducay]

I use credit pretty much exclusively, I'd say I use cash about twice a month.

Cash makes things cost more since I usually end up losing/donating/otherwise wasting the loose change. It also weighs me pantaloons down and I don't get rewards/cash back on cash purchases.

[freedogger]

Originally Posted by Morozee

I always check the dates on my quarters when it comes time to roll my loose change. Quarters from 1920 - 1967 contain 0.164 oz of silver and quarters from 1919 and earlier contain 0.189 oz of silver. Some quarters issued in 1967 and 1968 contain only 0.089 oz of silver. So for example $10 worth of 1966 quarters contains 6.56 oz of silver. At $30/oz that's $196.80! It's becoming increasingly rare to find these quarters now, but if you have a large collection of "old" change laying around odds are there are quite a few mixed in there.

Check out www.coinflation.com/canada
Interesting that our money used to actually be worth something.

[Cecil Terwilliger]

Originally Posted by freedogger

Check out www.coinflation.com/canada
Interesting that our money used to actually be worth something.

It is better that the actual value is less. Lets the government actually turn a profit simply by manufacturing the coins.

[MoneyGuy]

I don't get the problem. I keep my coins in my pocket. If I have a cost of $6.95, I use whatever coins are in my pocket. I'll use four quarters instead of a loonie. If I'm going to a store, I take the coins my wife has and spend them. Never put your coins into a jar. This is easy.