What to do with a big bag of coins?

  • Thread starter SteelBlue05
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SteelBlue05

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I have a big bag of loose change, I'd say about 300euro worth. Will I have to bag off the coins into those bank bags or will the bank just take the whole lot from me and somehow stick all into some machine and count it automatically?
 
Re: What to do with a big bad of coins?

There are some shops which have a machine you can dump coins into and it will issue notes. There is a charge of some kind. No.8 newsagents on Baggot St has(had?) one and the Spar shop in Stillorgan beside the Mill House pub. Otherwise you've got to bag it and banks will usually only take a bag with the correct amount of coins in it (the amounts of each coin are written on the outside of the bags).
 
Re: What to do with a big bad of coins?

thanks, guess I'll just bag it all some day I have absolutely nothing else to do. Or am broke.
 
If you can't be bothered sorting/bagging it then you could give it to charity.
 
I think I'll put up with the tedium of sorting the coins to get 300 euro out of it.
 
OK - drop into the local bank and get some money bags from them and then start sorting. Go to your own branch and they should not charge anything for exchanging/lodging it. If you are not a customer of a particular bank then they may charge a percentage to take them. Not sure what the norm is in this respect.
 
i saw an machine lately that changes coins into notes and they had a big sign on it letting you know that there was a 9.5% charge for using the machine what a rip off !!!
gg
 
I think I've seen them in some local convenience stores (Londis etc.). Didn't notice the charge though. Not a rip-off. Just a high charge best avoided by going elsewhere with a lower or no charge.
 
I agree with Clubman, the 9.5% charge is not a ripoff at all. Its your choice to use this service or sit for hours and bag the coins yourself. Why should there be a charge for teh service?
 
Not a rip-off (in Ireland) because your time sitting there sorting it yourself might be more expensive then the 9.5% fee.

But a ripp-off in other more advanced countries in Europe, where most big bank branches have machines, where you put in your bank card, enter your pin, throw in the money and you get it onto your account for no fee at all.

But let's face it banking in Ireland is so far behind the rest of the world, only in the US the bank system is even more crappy.
 
gordongekko said:
i saw an machine lately that changes coins into notes and they had a big sign on it letting you know that there was a 9.5% charge for using the machine what a rip off !!!
gg
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Why is that a rip off? you know about the charge before you use the service, and you have the choice of not using the service, so seems ok to me.
 
I always collect all my smallest coins and hand them over at the booth on the M50 when I have use it (pet hate). The more coins and the smaller the better.

Tescos also have self service checkouts in operation which accept coins as well as notes. You can pay for your groceries with coins and it will count out how much you have put in.


Murt
 
I use any loose change (10c and upwards) to buy the paper every morning with exact change -€300 worth would get you 200 days of reading.
 
Murt10 said:
I always collect all my smallest coins and hand them over at the booth on the M50 when I have use it (pet hate). The more coins and the smaller the better.
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Is this to a teller or to an automated counter? One way or another could this be cutting off your nose to spite your face by delaying your passage through the tools (and that of those behind you)? If everbody did this then surely we'd have even more moaning about how congested the roads are particularly around toll booths?
 
ClubMan said:
Is this to a teller or to an automated counter? One way or another could this be cutting off your nose to spite your face by delaying your passage through the tools (and that of those behind you)? If everbody did this then surely we'd have even more moaning about how congested the roads are particularly around toll booths?
Click to expand...

And to be honest, it doesn't really 'get at' NTR or the Government, just some employee (if you give it to a teller).
 
Should that not be the other way around (i.e. you pay €18.95 for coins worth €6.35)!?
 
No, you sell little packs of €6.35 for €18.95 - duh!

And yes - before you point it out - that would only turn €300 into €895.28...;)

[P.S. Best wishes for the new arrival! :)]
 
Oh - right! :eek: But you might want to sell them for €18.94 to be competitive and so as not to be accused of ripping people off! ;)
 
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