How To Bundle Money

If you save money in a jar or take a lot of money to a sale, you may need to bundle it and take it to the bank.If you have a lot of coins and bills in a jar, you should sort them out first.All the money should be sorted into piles of like denominations, such as ten-dollar bills.You will wrap the bills with currency bands when you get the money all sorted.

Step 1: You can get coin sleeves and currency bands at your bank or office store.

Ask the teller if you can get free sleeves and bands.Most banks do.Make sure you have sleeves and bands for all of your money.If you don't know how many you need, ask for five.Most office stores and big-box stores carry bundling supplies if your bank doesn't give them.You can either buy a large pack of them all or individual denominations.

Step 2: The bills and coins should be separated.

Put your money in a box or jar and put it on a table to sort it.Put the bills in a stack.Let the coins sift into a pile of their own as you do this.Push the coins to one side and the bills to the other.It is easier to sort money if it is on a table.

Step 3: Sort the money by its denominations.

There is a pile for each coin and bill.Pick out a pile of pennies, nickels, dimes and quarters.If you have other coins, separate them.You could have up to six piles of bills.Make sure your piles are not close together.The two main sorting styles are either pulling out a single denominations at a time and piling it up or sorting all of the piles at once as you grab random pieces of money.

Step 4: Make piles of coins.

Stacks of ten are needed to count each value of coin.You have an idea of how much you have.The coins are counted when you fill the coin sleeves.If you knock them over, you will make more work for yourself.For example, you could end up with four stacks of ten pennies, one stack of nickels, and six piles of dimes.The extra coins should be put in a separate stack.You don't have to count the extras again if you write down how many you have.

Step 5: To form a tube, open the coin sleeves.

Attach your thumb to one end of the coin sleeve by squeezing the edges.The sleeve forms into a square tube when the edges touch each other.To round it out, make a few more creases.

Step 6: You can block one end of the sleeve with your thumb.

To block one end of the tube, insert your thumb into the sleeve.When you drop the coins in the tube, they form a stopping point.Use a different finger if your thumb is too thick.Tubes are different sizes since each coin is a different size.It's best to use one finger for the tube.

Step 7: The coins need to be put into the tube.

Pick up a penny sleeve, grab a stack of pennies and slide them into the tube.They need to stack on top of each other.Put the amount into the tube.A coin roll is meant to hold a certain amount of a coin.You should check the sleeves to make sure you insert the right number of coins.Roll 50 pennies for 50 cents.There are 40 nickels for two dollars.50 dimes are worth five dollars.Roll 40 quarters for $10

Step 8: The bills should be divided into stacks.

You have to check the currency bands to find out how much money they hold.Pick up the bills one by one and count them into stacks that match the currency bands you are using.Common one-dollar bands hold $25, so you would count them into piles of 25.You would make piles of 25 bills if you bundled twenty-dollar bills with $500.Make sure every stack has the correct amount.

Step 9: In a stack separate from the rest, put extra bills to the side.

Money won't count into piles.The next time you bundle up your money, save the extra bills.Make sure they don't get mixed in with your counted stacks.

Step 10: To face the same direction, turn the bills into each pile.

It is important that the bills are facing the same direction if you are going to turn the money in at a bank.Turn the bills so they face the same way.If all of the bills are facing the same direction, it makes it easier for a teller to count the money.Take care of this before you go to the bank.

Step 11: Before you band it, count each stack again.

When the stacks are counted and facing the same way, check the number of bills.Pick out any pile that wasn't counted right the first time.If you don't check, it's easy to miscount.If you didn't check the currency bands when you counted, now is the time to do so.Make sure all of the stacks have the right amount of money.

Step 12: The currency bands should be wrapped around the money.

Band each stack with the appropriate band if you have the lowest denominations bill.Make sure the bands are tight around the money.Currency bands may have self-sticking glue, or they may require you to peel a piece of plastic off of the sticky part.Others may form a single loop in order to fit an exact amount of money.

Related Posts:

  1. The ultimate 1964 penny value guide is available here.
  2. Peter Rexford has a guide to 1974 penny value.
  3. What type of steel is used in piles?
  4. 1940 Lincoln Wheat Pennies Values and Prices - Past Sales are available.