How can I cash in my pennies?

Gefragt von: Frau Prof. Dr. Silvia Bode
sternezahl: 4.2/5 (63 sternebewertungen)

You can cash in your pennies (coins) in Germany by using bank coin machines or tellers, visiting a Bundesbank branch, or using a commercial Coinstar machine in supermarkets.

How do I cash in my pennies?

1. Cash Them In

  1. Coin Counting Machines: Many grocery stores offer Coinstar machines, which can count and convert your coins into gift cards or cash. ...
  2. Banks & Credit Unions: Some still accept rolled coins. ...
  3. Manual Rolling: If you want to avoid fees, grab some coin wrappers and roll them yourself.

How to convert pennies into cash?

Turn your coins into cash fast

You can get cash in just a few minutes using a Coinstar® machine. It's so simple. You don't have to count, sort, or bag your coins. Our big blue machines are at grocery stores, so you can get cash conveniently, right on the spot.

Can I still take my pennies to the bank?

A: Absolutely. Pennies remain legal tender. You can spend them or deposit them at your bank. In fact, bringing in coins from home helps improve circulation.

How to exchange coins for cash in Germany?

To exchange euro coins for cash in Germany, use Coinstar machines (with a small fee for cash vouchers), visit your local German bank (especially the Deutsche Bundesbank for large amounts or free service), or use specialized services like Cash4Coins for old/foreign coins, but avoid airports for poor rates. For standard euro coins, your bank or the Bundesbank are best, though Bundesbank might require appointments or process large amounts later. 

If Your Old Penny Looks Like This, Stop Immediately ($600,000 Value)

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How to get rid of small coins in Germany?

At your bank

You can deposit your coins at a deposit machine (Einzahlautomat). They are next to other ATMs, usually near the entrance of the bank. The money will go in your bank account. You can use the Commerzbank coin machines for free.

What is the rarest € 1 coin?

Rare 1 euro coins

  • Malta 2014: circulation 25,000.
  • Principality of Monaco 2011: circulation 7,000.
  • Holland 2017: circulation 47,017.
  • Portugal 2012: circulation 44,000.
  • Republic of San Marino 2016: circulation 30,400.
  • Slovakia 2018: circulation 17,300.
  • Slovenia 2018: circulation 8,750.
  • Vatican City 2005: print run 60,000.

How do I get rid of a lot of pennies?

Although rare valuable pennies exist, most are worth only slightly more than their face value. Consumers can exchange coins for cash at banks, credit unions, or Coinstar kiosks, often with options to waive fees by opting for gift cards.

How can I cash my coins for free?

Your local bank branch is a good place to exchange coins. The branch will typically give you coin wrappers for free. Credit unions or community banks are more likely to have free coin-counting machines for members. Coinstar machines are in many supermarkets, and Publix has its own machines.

How much are pennies worth now?

Experts say it's highly unlikely. You may have seen one of the many headlines about valuable pennies in circulation. "Lincoln Wheat Penny Worth $124M You Could Have at Home," one reads. But the reality is, most pennies are worth one cent, or possibly a bit more.

Where can I get rid of foreign coins?

Got leftover foreign coins or banknotes at home? At Cash4Coins, we make it simple to exchange foreign coins and notes for real money. We accept every currency—including obsolete, pre-Euro, and withdrawn coins that banks won't touch—and provide direct payment to your bank account once counted.

How much pennies make $1?

It takes 100 pennies to equal a dollar! It is the basic unit of money in the U.S., whether in the form of paper money or a coin.

What is the best way to exchange coins for cash?

To exchange coins for bills, try taking them to a local bank or retailer that offers coin-counting services. With some coin-counting machines, like Coinstar, you can also exchange coins for gift cards for free or donate your spare change to charity.

How do you sell pennies?

Almost every coin dealer is well accustomed to purchasing coins brought into their shops. You can bring in one piece or an entire collection and your local dealer may well be interested in buying it. If not, they are usually more than happy to point you in the right direction.

How much does Coinstar take from $100?

Calculate Coinstar's Fee

Coinstar's fee is currently set at 11.9 percent of the value of the coins you're exchanging. Basically: That's nearly $12 for every $100 in coins you feed to the machine. You'd have to guess how much change you have accumulated to calculate the Coinstar fee.

Will a bank take pennies?

Banks will continue to accept and process pennies as long as they remain in circulation and will keep customers informed of any changes.

Do banks take coins?

Most banks accept coins for cash exchange, though services vary by institution. Large banks typically require pre-rolled coins, while some smaller institutions and credit unions provide self-service counting machines. The services depend on the bank, so it's a good idea to call your nearest branch.

What to do with all my pennies?

Even though the U.S. Mint has stopped producing new pennies, the ones already in your home, car, or junk drawer are still very much real money. Stores, banks, and most coin-counting machines will continue accepting them, so there's no rush to dump out your change jar.

Where can you take coins for cash near me?

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Should I cash in my pennies now?

So, what should you do with those pennies now? You can continue to spend them. Retailers will continue to accept pennies if you want to pay with exact change. However, you certainly shouldn't save them in the hopes that their value will increase, as that's unlikely to happen in the near future.

Why are 1999 pennies worth $4,500 today?

A 1999 penny can be worth as much as $4,500 today because of a rare minting error called a “wide AM” variety, where the “A” and “M” in “AMERICA” are spaced further apart than normal.

Can I sell my pennies for copper?

Yes, it's legal to sell copper pennies—but melting them down is prohibited. Many hobbyists collect pre-1982 pennies for their copper content, but sales should be for collection or display, not scrap.

How much is a euro penny worth?

The 1 euro cent coin (€0.01) has a value of one hundredth of a euro and is composed of copper-covered steel. It is the lowest-value coin in the Eurozone; the next lowest are the 2 and 5 euro cent coins. All euro coins have a common reverse and a country-specific (national) obverse.

What is the best way to store coins?

In addition to original holders, other storage options include 2" x 2" cardboard or plastic holders, plastic tubes or capsules, sleeves or envelopes, and albums. For high-value coins, use hard plastic holders. Professional coin grading services use sealed holders called slabs to protect authenticated and graded coins.