Rolling the coins

Rolled and loose coins on table
Andrew julian Photography / Shutterstock

Rolling your coins before bringing them to the bank will make it easier for the teller to count and deposit your money. You can find coin wrappers at most discount or big-box stores. Your bank might even have some wrappers available for free.

Each roll will hold either 40 or 50 coins, depending on the coin’s value. Standard rolls will hold:

  • 40 quarters.
  • 50 dimes.
  • 40 nickels.
  • 50 pennies.

The different coin denominations will each have their own different wrappers, so make sure you’ve stocked up on an assortment to roll all your coins.

Sort the coins

piles of american coins
Somchai Som / Shutterstock

If you don’t have a coin sorting machine, it’s helpful to clear a space on a flat surface so you can spread out your coins. Start to organize them in piles based on value.

Once you’ve got all your pennies, nickels, dimes and quarters separated, start to count them.

Count the coins

man's hand places coin on top of piles of coins
ShutterStock

The best way to get started counting your coins by hand is to start sorting them into small piles of five or 10. Organizing them this way will help you move your coins into the rolls.

It will also help you get a good idea of how many rolls you’re going to end up with when you’re done.

Rolling the coins

Coin wrappers or rolls on white background
Nancy Salmon / Shutterstock

How tricky this next step is depends on what kind of wrappers you’ve got on hand.

Preformed wrappers are the easiest to work with. What you’ll want to do is take the wrapper in one hand and place one of your fingers at the end of the wrapper. As you drop your piles of coins in with the other hand, it will keep the coins level.

Now this is when you’ll be grateful you pre-stacked your coins — you’ll just have to add as many piles as it takes to get to the number of coins the roll holds.

Don’t just fill the wrapper to the top, and make sure you count how many coins are going into each wrapper. A filled wrapper has a set value, and you don’t want to give away any of your coins for free.

Seal the wrappers

paper wrapper spills out quarters
ShutterStock

Once you’ve filled your wrapper with the correct number of coins, your next step is to seal it. How you do this will vary, based on the type of wrapper you’re using. But, generally, with paper wrappers, you’ll just have to hold the roll steady and upright while you tightly fold or crimp the top to seal it.

When you’re done, you shouldn’t be able to see the top coin anymore.

Don’t worry too much about your roll looking perfect. It just needs to get the job done and ensure your coins don’t come spilling out when you put the roll down to transport it to the bank.

Cash in your coins

bank teller counts coins
Syda Productions / Shutterstock

Whenever you feel you have enough coins rolled, you can bring them to your local bank branch. Most banks will only accept change to deposit if it’s already been rolled.

The teller should have a special coin box to quickly count and sort your rolls before depositing the funds into your bank account.

Should you buy a coin sorting machine?

coin counting and rolling machine with coin wrappers  beside it
the808 / Shutterstock

If you have a small business that deals in cash, you might benefit from buying a coin sorter.

How it works is you drop your coins through the machine’s hopper, and the machine will then sort the change and drop it into tubes. Once the correct amount and denomination has filled one tube, the machine will move on to the next.

All you’ll have to do is put your wrappers in the tubes before you run the machine and seal them when it’s done.

But unless you’re dealing with a lot of change fairly often, it might not make sense to invest in one of these machines, which could run you about $100 for a good model.

The machine might save you time — but you’ll need at least a few rolls of coins to make back the cost.

About the Author

Sigrid Forberg

Sigrid Forberg

Staff Writer

Sigrid is a staff writer with MoneyWise. A graduate of Carleton University's journalism program, she spent the better part of the last six years writing about business and retail. In her spare time, she enjoys reading, baking and riding her bicycle.

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