What's new

coin counter

JustClean

Active member
Joined
Mar 24, 2008
Messages
845
Reaction score
99
Points
28
Location
all over the place
Not a money saver but a huge time saver!

http://cgi.ebay.com/Commercial-CHANGE-COUNTER-Electric-Coin-Sorter-Digital_W0QQitemZ300307396183QQcmdZViewItemQQptZLH_DefaultDomain_0?hash=item300307396183&_trksid=p3286.c0.m14&_trkparms=72%3A1205|66%3A2|65%3A12|39%3A1|240%3A1318|301%3A0|293%3A1|294%3A50

And there are still people out there counting money by hand, I learned yesterday.
 

MEP001

Well-known member
Joined
Aug 30, 2007
Messages
16,665
Reaction score
3,946
Points
113
Location
Texas

Bubbles Galore

Active member
Joined
Apr 11, 2008
Messages
2,115
Reaction score
0
Points
36
Location
Michigan
I'm too cheap. I count by hand. I usually turn on Super Troopers or The Big Lebowski and just zone out while I count my quarters. As strange as it sounds, its about the only time I get to sit and relax. :D
 

Greg Pack

Wash Weenie
Joined
Sep 3, 2007
Messages
4,365
Reaction score
2,137
Points
113
Location
Hoover, Alabama
We get 99% quarters. We use the digi coin scale. It's probably seven years old now and still works like a charm. Takes about one minute to weigh and bag 1K of quarters. Never had a callback from the bank on an incorrect total.

Your time is worth money. I suggest everyone buy bill counters and coin counters/scales Save time where you can for more important things.
 

MEP001

Well-known member
Joined
Aug 30, 2007
Messages
16,665
Reaction score
3,946
Points
113
Location
Texas
One, if you need to track actual cash vs. metered coins because you're not the only person with keys to coin boxes and the like, you have to count them, or you won't know if someone is tampering with stuff and stealing.

Two, most banks don't take bulk quarters unless they're in counted and sealed bags and to their specification (Ours will only take bags of $500, and we get charged if the count is off).

You should also track how much goes into the changer so (a) if it malfunctions and pays out an extra coin now and then you'll know about it and (b) if it's tampered with or strung you know exactly how much it's short, something that's important for a police report.

A bathroom scale is relatively accurate - if you only need a rough idea of the money pulled it would be close enough. One pound of quarters is exactly $20.
 

Earl Weiss

Well-known member
Joined
Aug 31, 2007
Messages
6,342
Reaction score
926
Points
113
FWIW I have purchased some digital scales from Harbor Freight and even the office supply store for about $35.00. I tend to recycle quarters either thru the changers or give my cashiers $50.00 or $100.00 at a time. The scales weigh in grams and I test them once with $50.00 and $100.00. They have a "Tare" feature which zeros out the scale with the container in place. I then just dump in quarers until I reach the desired amount / weight. It goes about as fast as I can dump them in and transfer containers.
 

JustClean

Active member
Joined
Mar 24, 2008
Messages
845
Reaction score
99
Points
28
Location
all over the place
It looks to me like the coin counter referenced on EBay is nothing more than a toy. If you?re serious about counting coins get a Scan Coin 303. www.smartvending.com/ccp0-prodshow/SC-303.html We?ve been using them for 20 years plus, they are a great work horse. Counting coins or currency by hand is a waste of time.
May be it is a toy, especially since I only paid $85 for it. But it's been working great for me for the last 2 years. I guess for the price difference of $1,010 I'll go on a cruise...;o)
 

MEP001

Well-known member
Joined
Aug 30, 2007
Messages
16,665
Reaction score
3,946
Points
113
Location
Texas
JustClean said:
May be it is a toy, especially since I only paid $85 for it. But it's been working great for me for the last 2 years. I guess for the price difference of $1,010 I'll go on a cruise...;o)
I'm sure it would be fine if it doesn't get a lot of use, but with the volume of coins we count in a week it would neither last nor do the job adequately. If I bought a push-sweeper for the wash, would I go to a home improvement center and spend $85 for one that will wear out in three months of heavy daily use, or would I spend $425 for one that will last a decade? If it was just for the patio at home it would be a different choice.
 

washnvac

Well-known member
Joined
Mar 30, 2008
Messages
1,051
Reaction score
168
Points
63
Location
Seaford, DE
The best thing I bought was a Cummins Jet-Scan 2 pocket currency counter. It cut my bill counting time by 75%. It sorts, orients, faces, and straps whatever amount you want. It was $4k, but with four washes, it was more than worth the money. It has been in use for four years with no problems.
 

toddmullens

Member
Joined
Mar 9, 2008
Messages
256
Reaction score
27
Points
18
Location
Little Rock Arkansas
The best thing I bought was a Cummins Jet-Scan 2 pocket currency counter. It cut my bill counting time by 75%. It sorts, orients, faces, and straps whatever amount you want. It was $4k, but with four washes, it was more than worth the money. It has been in use for four years with no problems.
I agree on the JetScan iFX. Bought one a few years ago and regained my sanity. I was hand counting currency from 9 locations. Needless to say, I got pretty good at it.
 

Earl Weiss

Well-known member
Joined
Aug 31, 2007
Messages
6,342
Reaction score
926
Points
113
Bought currency counter at Sam's for $200. Have one at each location. They seem to last a few years each.
 

cebo

Member
Joined
Sep 19, 2007
Messages
97
Reaction score
8
Points
8
I got one of those old Brandt's refurbished years ago from CDI banking. They refurbish currency / coin counters and it lasted for years. I went down and wasn't worth fixing so I bought a de la rue sorter that works great. YOu can check their website to see what they have. Sometimes you have to wait till they get something from a bank that they refurbish. Been a pretty company to deal with a cheap compared to new.
 

mjwalsh

6 bay SS w/laundromat
Joined
Sep 7, 2007
Messages
3,133
Reaction score
173
Points
63
Location
North Dakota
We bought a brand new Cummins 2000 back in about 2002 & have never had to call the local bank equipment repair people a single time so far ... even though we process a lot of coins. In my opinion it is light years ahead of the 2 bank duty Brandts that we had before & were serviced yearly by Brandt's authorized repair person. Kevin Reilly & others have had a similar experience. A few more on the laundry forum said the pretty much the same thing ... so that specific coin counter sorter should be a safe bet ... especially if the the coin & currency is properly updated to reflect inflation by Congress. Congress has the authority based on our USA constitution.

mike walsh www.kingkoin.com
 

Earl Weiss

Well-known member
Joined
Aug 31, 2007
Messages
6,342
Reaction score
926
Points
113
We get 99% quarters. We use the digi coin scale. It's probably seven years old now and still works like a charm. Takes about one minute to weigh and bag 1K of quarters. Never had a callback from the bank on an incorrect total.

Your time is worth money. I suggest everyone buy bill counters and coin counters/scales Save time where you can for more important things.
Quarters recycled to my Changers are not counted. (The Changers count them as they are converted to bills. ) Quarters recycled to Cashiers are weighed using a cheap Harbor Freight Scale. I just weigh out containers of $50 0r $100 dollars and exchange them for Bills as needed.
 
Etowah
Top