To find out how much money you have, you may want to count the jar of loose change.If you separate the coin types, add up the total for each coin type, then add those totals together, you can do it.You can use a coin counting machine at the bank branch.Some grocery stores charge a fee to use the self-service machines.Buying a small coin-sorter to use at home is a good idea if you have a lot of loose change.
Step 1: All of your coins should be gathered together.
Your change jars, pants pockets, coin purse, and any other places you hold your coins should be emptied.If you want to be thorough, you need to check between the couch cushions and the drawers.
Step 2: The coins should be separated into piles based on their type.
Each coin type has its own piles.Coins worth a certain amount should be grouped together.If you have enough room, you can keep the groups separate.If you use US coins, you should have a pile of quarters, dimes, nickels and pennies, as well as piles of half-dollar and dollar coins.
Step 3: At a time, work with one coin type.
There is a pile of coins in front of you.The rest of your change should be put away.You will get to those types later.If you're working with euros, you should have piles of coins for each coin type.Place the other pile in front of you if you want to.One coin type at a time.
Step 4: You can make stacks of 10 coins.
Each stack has 10 coins in it, so start creating short vertical piles.It's fine if you don't have enough to make a final stack of 10.The extras should be left aside.Stacks of 10 will work best if you have a lot of coins.A large amount of coins is manageable with the easy number 10.You can make stacks of 5 instead of working with a lot of coins.If you're working with less than 10 coins, make a single stack and count the coins in it.Write that number down.
Step 5: Take the number of stacks and divide them by 10.
Take a look at your coin type and figure out how many full stacks you have.If you have that number, add it to 10.That's how many coins you have in total.There are 8 stacks of one coin type.The number 8 x 10 is 80.You have 80 of those coins.
Step 6: Take the total number of coins and divide it by the coin's value.
The total amount of money you have in that coin type is the number you get.Write down the final amount on a piece of paper.Multiply 80 coins by the total amount of money you have in that coin.80 dimes x.10 cents equals $8.00.
Step 7: The leftover coins didn't make a full stack.
If you have a few coins that didn't fit into a stack of 10 for that coin type, you should factor the worth of those coins into your final amount.80 dimes x.10 cents per dime equals $8.00.If you have 3 extra dimes, add that amount to the one you already have.The total amount of money is in dimes.
Step 8: You should repeat this process for the other coin types.
Count the stacks and then multiply them by 10.Take that number and divide it by the value of that coin.The final amount for each coin type should be written down.If you have 3 stacks of quarters, the total is 30 quarters.25 cents per quarter is equivalent to 30 quarters.If you have 2 extra quarters, add $7.50 and.50 cents to your total.You have the total amount of money in quarters.
Step 9: To get a total amount, add up the final amounts for each coin.
Each coin type's final amount should be plugged into a calculator.Hit the equal sign on the calculator to make a final tally.It's the total amount of money you have in change.You have pennies, nickels, dimes and quarters.1.53 + 2.10 + 8.30 + 8.00 is 19.93.$19.93 is the total amount of money you have in loose change.
Step 10: As you get your change, roll it.
You can avoid counting huge piles of coins by rolling the change yourself.Each coin type needs to be rolled separately.Depending on the coin type, banks need a certain number of coins per roll.Roll the coins according to the requirements of your bank.When you pick up the wrappers, ask the teller what the requirements are.If you're working with US coins, you should get 50 pennies per roll, 40 nickels, 50 dimes and 40 quarters.You can ask the bank teller to give you larger bills in exchange for the rolled coins.You can order them online if your bank doesn't give them.
Step 11: There is a coin counting machine at the bank.
Ask your local bank branch if they have a coin counting machine.Ask them if the service is free and if you can use it.How will you get your money after the loose change is counted?Only tellers can operate coin counting machines at some banks.Fees for using coin counting machines are usually a percentage of the total amount of currency.In larger bills, you will usually get your total amount of currency back.
Step 12: Ask the teller if they can process the coins for you.
If your local bank branch doesn't have a coin counter, you can use the coin counting machine.Bring your change up to the window and give it to them.It's a good idea to call ahead and find out if the bank offers this service.You will usually get your total amount of currency back in larger bills when the coins are counted.
Step 13: You can use a coin counting machine.
These machines can be found in busy retail spaces.10% of your total amount of currency will be charged by the machine for the service.The machine counts your coins, deducts fees, and then prints out a voucher with your total amount on it.To get the amount in larger bills, take the voucher to the cashier.You can skip the processing fees on some machines.Most of the time, you get your money in the form of an eCertificate or gift card for specific vendors.If you make a charitable donation with your total amount, some machines will let you skip the processing fee.
Step 14: A small coin-sorting machine is a good buy.
The machine allows you to insert your loose change in real time, and it separates and stores it for you.Roll each coin type separately if you have coin rolling wrappers.Depending on the coin type, banks need a certain number of coins per roll.Follow your bank's requirements.You can ask the bank to give you larger bills in return for completing the deposit.You can insert pre-formed wrappers into the coin tubes with some sorting machines.