Tuesday, February 07, 2006

Find: spare change


I saw the quote below and went to my not-quite full mayo jar of change, started counting and two smelly hands later I have $71.54, but only $59.50 could be rolled for deposit.

"Approximately $10.5 billion in change is hidden in U.S. homes," says Alex Camara, senior vice president and general manager, worldwide coin for Coinstar, Inc., whose big, green machines can be found in the front of supermarkets across the country. "That breaks down to about $99 per household." [source: free money finance]




2 Comments:

At February 07, 2006 9:36 AM, Anonymous Jane Dough said...

If you don't want to have to roll all those coins (or in your case can't roll the whole jar) instead use those coinstar machines to get your money back. But here is the fun part - coinstar charges almost 9% if you want cash. If you instead opt to get your money back as Amazon.com gift certificates or other retail store gift cards coinstar does not charge you a fee.

 
At February 07, 2006 2:03 PM, Blogger udandi said...

Thanks for the info! I checked the coinstar web site before going to the bank with my rolls and they say they offer GCs for Bed, Bath & Beyond and Starbucks, but when I searched locations, it appeared that only Amazon gift cards were available. I'd rather have some of the money today for groceries then waiting to buy something from Amazon.

 

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