One bucket a week
Jim,
Just wondering who you bank with that required anything other than a signature to withdraw your own money. I live and bank here in Az too.
our credit union has a coin machine too, and if you have an account, there's no percentage taken to cash in coins. It prints out a slip, and you bring it to the counter to cash or deposit.
A trick with the "coinstar" type machines is that if you want cash, they'll take a cut. If you get a gift card/receipt instead, you often can get the full amount. My partner was moaning about the cut so I told him to get an Amazon card and I'd pay him the full amount in exchange.
Melita
$10,000 vs $5,000
10K is the threshold for filing a Currency Transaction Report with the IRS
5k can trigger a Suspicious Activity Report filed with the Financial Crimes Enforcement Network of the Treasury Department.
About every year that I attend a family get together with a bunch of kids, I'll take a Mason Jar full of coins to the gathering and let the kids (or whoever) guess how much is in it. Then they all sit around for about an hour counting and recounting the jar to see who was close to the actual amount. Winner takes all. It's kind of a fun activity for them and they can score some jack.
SD
One bucket a week
CHASE
They also now require a photo ID to make a DEPOSIT (except at the ATM!).
Nobody in Alaska takes rooled coins anymore. I think the banks might, but they weigh them. I just go the the local Fred Meyer or Safeway and dump it into their sorting machine. 3% goes to the owner of the machine, you get a ticket with the 3% knocked off and then cash it in at a register.
-JD-
I cashed in about 3-1/4 gallons of coins (no pennies) last year and got around $1500. Really figured it would have been more, but it wasn't. May have been short in the quarter ratio - the family seems to have been dipping into it a bit over the years. My bank counted it for free, but did it at their leisure, which was fine with me.
