A:The number of coins in a roll depends on the type of coins that are being rolled. Each type of coin has its own roll. For example, there are separate rolls for pennies, nickels, dimes, and so on.
How Many Coins in a Roll
The below table shows the number of coins found in standard coin rolls in the United States. These are the rolls that you would take to the bank and exchange for cash.
|Coin||Coins Per Roll||Total Value of One Roll||Roll Image|
|1 Cent (Penny)||50||50 cents|
|5 Cent (Nickel)||40||$2.00|
|10 Cent (Dime)||50||$5.00|
|25 Cent (Quarter)||40||$10.00|
|50 Cent (Half Dollar)||20||$10.00|
|One Dollar Coin||25||$25.00|
Finding Coin Wrappers
If you are looking to roll your coins, you will need coin wrappers like the ones pictured above. They are actually really easy to find and inexpensive. Looking on Walmart.com, you can purchase 100 assorted coin wrappers for $2.67. A 36 count is only $0.94. Below is a list of a selection of places where you can commonly find coin wrappers:
- Big Box Stores (Walmart, Target)
- Dollar Stores
- Office Supply Stores (Staples, Office Depot)
- Drug Stores (Walgreens, CVS)
In addition to the above stores, banks sometimes offer coin wrappers to their account holders for free. You may want to ask your bank teller if they provide coin wrappers for free before you buy them. You might have difficulty obtaining coin wrappers from a bank where you do not have an open account.
Why Roll Coins
Rolling coins organizes your change and gives you an indication of how much you have saved. Many people are surprised to learn how much money they have in change once it is all rolled up. The ultimate goal of rolling coin for most people is to exchange the coins for bills.
Exchanging Coin Rolls for Bills
Simply take your filled coin rolls to your bank and have your teller exchange the rolls for bills. You may want to contact your bank to ask about their policy for accepting coin rolls. Some banks do not require your coins to be rolled. They just dump the change into a machine that counts the coins and then they issue you the bills. Additionally, certain banks do not accept rolled coins or large quantities of loose change at all. In many cases, you need to at least have an account with the bank in order for them to accept rolled coins.
What About Coinstar
Coinstar is a machine typically found in stores like Walmart and Kroger. You simply dump your coins into the Coinstar machine and it counts them. It then will issue you a receipt indicating the amount of coins you added to the machine. You then take the receipt to a cashier for your bills.
The downside to using Coinstar is that they charge a fee. At many locations this fee is 11.9% of your coin total, which is quite significant. However, Coinstar does offer an option where you can obtain an eGift Card for no fee. There are currently 20 gift card options for places like Old Navy, Amazon, Nike, and more. Check out coinstar.com for more information.
Where To Obtain Rolled Coins
Simply go to a bank and have the teller exchange your cash for rolled coins. The bank may require you to be an account holder, however. You should contact your bank if you want a large amount of rolled coins. They may not have them readily available for non-commercial customers or may only allow customers a certain number of rolls per day.
Image Credit: Philip Taylor via flickr