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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?

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.

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!

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

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.

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

merlotgran Mon 28-Mar-16 19:48:18

I took £15 worth of copper and 5ps to our bank last week. It was left over from a float months ago so was bagged up in the correct amounts. As it was market day I planned to spend the dosh on plants.

The bank told me I could pay it into my account but they couldn't change it for notes. I did this and then the woman said, 'Is there anything else I can help you with?'

Three guesses? grin

Liz46 Mon 28-Mar-16 19:44:59

Do a self service shop at the supermarket and pay with coins.

Jalima Mon 28-Mar-16 19:43:01

ps just to clarify: the bank didn't take the redundant European coins, only the English coinage. The European shrapnel has gone back in the jar .....

ninathenana Mon 28-Mar-16 19:36:21

H collects shrapnel in a box, he doesn't search it out, just empties his pockets at the end of the day. Anything up to 10p goes in the box. He then bags it and changes it at our bank. I think they will only do it if your a customer.

FarNorth Mon 28-Mar-16 19:27:16

Some charities can make use of £sd coins and foreign coins.

hildajenniJ Mon 28-Mar-16 19:16:39

My DH has a large stash of old pennies. I suppose these are absolutely useless now. None of them are rare or collectables. I don't know why he kept them in the first place.

Jalima Mon 28-Mar-16 19:14:44

We found a large jar full in DD's bedroom; DH counted them and paid them into her bank account and they were quite happy to take them. It looked a huge amount but was only about a tenner smile.
Much of it was redundant European coins.

grannylyn65 Mon 28-Mar-16 19:08:53

I took mine to Azda, had to spend voucher that day, but DDIL said she had gone to customer services and got the cash ?

mollie Mon 28-Mar-16 19:02:55

I'll have to check my stash out - on closer inspection there are thr'penny bits and sixpences in amongst my fil's hoard, perhaps even older pennies and the like. Won't be any value but a slice of history for the GD...

Synonymous Mon 28-Mar-16 18:31:47

The banks don't take very much at a time even if it is bagged and only if you are a customer. I wonder if you could perhaps bag it up and go and open a savings account with it. Might be worth a try, it is money after all.

We also just spend ours as we go along although I don't seem to have money any more when I think about it. hmm

bookdreamer Mon 28-Mar-16 18:18:25

Gosh what a dilemma. I spend mine as I go along.

mollie Mon 28-Mar-16 18:00:04

I did once use one of those machines, it was long and tedious, there was a tutter next to me who I ignored, and I was disappointed to discover I had to spend the voucher at the supermarket (stupid me). Not sure I fancy counting it all out into little bags for the bank - don't they get a bit iffy about taking too many? I might find a machine that takes the donations for charity, I like that idea. it would be worth lugging all those coins about...

Bellanonna Mon 28-Mar-16 17:56:27

Damn iPad. Denominations. !!

Bellanonna Mon 28-Mar-16 17:55:28

My beloved takes all the shrapnel to the bank and gets its value in return in larger dominations. blush

FarNorth Mon 28-Mar-16 17:54:35

Marie Kondo, in her book on tidying, says that it's really common for people to have coins here and there in their homes.
I was most surprised as I have never saved coins, except when I was a child and had a squirrel bank.

ffinnochio Mon 28-Mar-16 17:44:21

If I have enough cash, then I use all my money in situ. I'm probably one of those shoppers that get tutted at in the queue. #noshrapnel.

Charleygirl Mon 28-Mar-16 17:41:15

Thanks tanith there is a large Sainsburys 2 miles from where I live. I have not got a clue how to work the machine but no doubt somebody will help me.

kittylester sorry but I do not have a clue.

Ana Mon 28-Mar-16 17:39:51

Yes kitty, it's not free - not sure what percentage they take.

kittylester Mon 28-Mar-16 17:37:53

Do you get out exactly what you put in or do they keep a percentage? Xx

FarNorth Mon 28-Mar-16 17:36:07

I don't usually shop in Sainsburys but was in one recently and saw one of those machines. I couldn't figure out what it was for!
Okay, I'm a bit dim. Thanks for the explanation. smile