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Pennies

(56 Posts)
mollie Mon 28-Mar-16 17:21:09

I'm savagely decluttering this Easter and going through boxes I didn't even know we had but would it surprise you to know that I've found four - yes, four - separate boxes of pennies and 5ps? One mine, one his, one in my late son's things and one in my late fil's stuff. My old dad used to do the same and called his 'shrapnel', I laughingly called mine the wedding dress fund but it's the odd stuff that bulks up the purse and pockets. Now, of course, I'm wondering what the heck to do with all this collected coinage?

Is it just us or do you have a hoard somewhere too?

POGS Mon 28-Mar-16 20:14:00

Mollie

Have you heard of the 1933 pennie debarcle on e.bay. If you have one of those supposedly it could be worth in the region of £80.000.00

You could be sitting on a fortune. wink

annsixty Mon 28-Mar-16 21:18:02

Our local Sainsbury's has one of the coin change machines. It is a pain because it keeps throwing some back at you and it takes ages. I think it is 9 pence in the £ they retain and you can get vouchers or cash at the tobacco kiosk. I had £27 so quite a little bonus.

Synonymous Mon 28-Mar-16 21:24:45

Well, that is a good little earner for them isn't it ann and you did all the work too! hmm

rosesarered Mon 28-Mar-16 21:49:43

The bank used to give us the cash when handing over bags of pence, but it is a couple of years since we have done that,does it really only go into your account now? Swizz!

jusnoneed Tue 29-Mar-16 07:20:04

I bag the coins up (bags free from the bank) and every now and then I use the copper and 5p/10p ones towards a bill of some sort to get rid of it. Higher coinage I usually save up and then change for notes. I think as long as you don't go with too many bags at once the banks don't mind. It's surprising how it mounts up, I hate purses full of change so it goes into a pot.

NanaandGrampy Tue 29-Mar-16 07:34:14

If you have a Metro Bank near you they have coin machines. They are free to use even if you're not a customer. You can a receipt from the machine which you exchange at the counter for cash. If you have an account they can pay it in directly. There is a limit of £100 a time if you are not a customer and no limits if you are.

It doesn't even have to be all bagged up --- just tip it in :-)

PRINTMISS Tue 29-Mar-16 09:04:48

Our Nat West bank has a machine which counts your money(like Sainsbury's and Tesco's) and puts it straight into your account. I would presume this is free of charge, and you have to have your bank card to make sure it goes into the right account.

Pamaga Tue 29-Mar-16 09:43:17

There is a cash counting machine in a branch of our bank (HSBC). You put in your card, pour the coins in a hopper and it adds the total to your account.

clareken Tue 29-Mar-16 09:47:02

The machines charge 10%. If you are a Halifax customer they will take as many bags as you have but they must be bagged up properly. Some branches of either Natwest or HSBC have machines that pay full amount into your account.

Lupatria Tue 29-Mar-16 10:18:49

the machines take something like 9p in the £ and you get your voucher. in our local asda you can take the voucher to customer services and get cash or spend the voucher in store. i've used the machine in tesco but don't know whether you can exchange the voucher for cash [the machine and customer services are at opposite ends of the store!].

i save 1p, 2p, 5p and 10p in a couple of money boxes on my kitchen windowsill and clear all these from my purse when i've been shopping. i call it my rainy day money and, when strapped for cash before my pension comes, i'll convert the cash in one of those machines. it's handy for those little items you need day to day.

lizzypopbottle Tue 29-Mar-16 10:41:01

So many people do this, apparently, that there's a national shortage of these coins in general circulation! I've heard that some (must be well off) people actually throw them away!

Tizliz Tue 29-Mar-16 10:46:07

The joys of living in a small village. Took mine to the PO last week and changed into notes no trouble. I wouldn't do it if there was a queue but you have to try very hard to find a queue there!

Nonnie Tue 29-Mar-16 10:56:14

I imagine any charity shop would take them off your hands.

HazelGreen Tue 29-Mar-16 11:11:11

Where l live they are phasing out small coins (1 and 2 cents) and rounding up and down the total bill. It seems to work.

Meanwhile I used to make kids do a count of pennies in the summer hols... then had trouble getting the local sweet shop to take them! He got too many but the nearby butcher was happy with them. Apparantly the banks charge shopkeepers a % for coins both to give out and take in.

I have dumped assorted odd foreign coins and notes (no great value I am sure) into collection bottles alongside security Q's in our airport.

I will still keep a stash of larger coins ... handy for parking meters or popping out for milk.

kazzer Tue 29-Mar-16 11:22:53

Air ambulance or riding for disabled

jaspersgran Tue 29-Mar-16 11:23:23

I found a load when sorting my late father's belongings. I took them to my bank and paid them in. I did sort into their money bags first. They even changed crowns from Charles' and Di's wedding and Queen's jubilee. ??

Phoebes Tue 29-Mar-16 11:59:17

I put all my small coppers into a small money box, and when it is full I bag it up and take it to the bank and then give the money to charity. I suppose i could just put the coins directly in a charity box.

GrannyJane Tue 29-Mar-16 12:39:41

At my local library they have a charity collection box which is a machine you put your coins in and watch them zigzag down to the bottom. I always take my younger grandchildren when I've got enough (coins, not grandchildren). One good thing is that it gives the 4 year old practice at sharing things equally with a 1 year old.

Thingmajig Tue 29-Mar-16 13:03:26

Some banks have machines for throwing your coins into but it all goes into your account, nothing to charity if that's important to you?
We throw our coins into a big jar and take it along every so often (before it's too heavy to carry!) and it's amazing how it all mounts up. smile

Nicksmrs46 Tue 29-Mar-16 14:02:51

My grandsons collect coins [ 1p,2p, and 5p ] and I help them to count it up and bag into bank coinage bags which we then take into the bank -but only at a quiet time- my bank are happy to exchange for larger coins or notes if they have collected enough to warrant "paper" money..

granfromafar Tue 29-Mar-16 14:29:05

We have saved 1, 2 & 5p coins for as long as I can remember, but I have a count-up every so often and bag it up. I take it to our local post -office who won't exchange for cash, but will give you stamps instead, so I usually take it just before Christmas and voila! - it buys all the Christmas stamps. When 4 year old grandson visits, we play shops with some of the coins and it helps him learn about money smile

Newquay Tue 29-Mar-16 15:07:55

Funnily enough last week DD2 was clearing out ready for a house move and gave me a pot and a plastic bag full of coins-just to be rid of them. I bagged up coins 1p, 2p and some silver. I have a friend who lives hand to mouth (one of my strays!) so I said take it into yr bank and if they'll accept it you keep the cash-she got £8 no problem, v happy.
That does leave me with a smaller bag of foreign coins, will ask in charity shops next time I'm in town. I will be surprised if they don't accept them.
DH and I save any £2 coins we get. We use them for holiday in the summer and then again at Christmas.

numberplease Tue 29-Mar-16 15:09:15

I just save 20p`s, but not all, just what`s left in my purse at the end of the day. When they reach £10, I take them to the bank and pay into my holiday account. Someone I know saves all her £2 coins, would that I could afford to!

mollie Tue 29-Mar-16 15:13:21

I've got a Metro Bank so that's a thought...and I WILL be looking for a 1933 penny, of course!!! I never thought of the charity shops but of course they take everything else - except videos I discovered today. Lots of options...

Lilyflower Tue 29-Mar-16 18:05:14

I stick mine in the machine at Sainsbury's, combine it with Nectar points and buy a bottle of their cheapest Champers. Last time I had a bottle for £6.