VSV Posted November 29, 2016 Share Posted November 29, 2016 I'd like to find out how other gumball vendors deposit their quarters each month I was notified last week by our Wells Fargo branch in Colorado that they will no longer offer a "coin to cash machine" in their lobby and now I'm seeking alternatives. We are relatively new to bulk vending and learn new things every time we go out. Thanks.. Link to comment Share on other sites More sharing options...
zjtaylor Posted November 29, 2016 Share Posted November 29, 2016 I machine roll them. My bank won't take loose coin either. Link to comment Share on other sites More sharing options...
QuikVend Posted November 29, 2016 Share Posted November 29, 2016 I bought a coin sorter and a big box of coin wraps. https://www.walmart.com/ip/31963905?wmlspartner=wlpa&selectedSellerId=0&adid=22222222228021727615&wl0=&wl1=g&wl2=m&wl3=40948689992&wl4=aud-261800281900:pla-78890167832&wl5=9015721&wl6=&wl7=&wl8=&wl9=pla&wl10=8175035&wl11=online&wl12=31963905&wl13=&veh=sem Link to comment Share on other sites More sharing options...
QuikVend Posted November 29, 2016 Share Posted November 29, 2016 I actually got it cheaper at a discount store, but it's this exact machine. Link to comment Share on other sites More sharing options...
AMD Snacks Posted November 30, 2016 Share Posted November 30, 2016 10 hours ago, QuikVend said: I bought a coin sorter and a big box of coin wraps. https://www.walmart.com/ip/31963905?wmlspartner=wlpa&selectedSellerId=0&adid=22222222228021727615&wl0=&wl1=g&wl2=m&wl3=40948689992&wl4=aud-261800281900:pla-78890167832&wl5=9015721&wl6=&wl7=&wl8=&wl9=pla&wl10=8175035&wl11=online&wl12=31963905&wl13=&veh=sem I use a very similar machine, it's worked wonders for me. Saves me tons of time. Link to comment Share on other sites More sharing options...
QuikVend Posted November 30, 2016 Share Posted November 30, 2016 I.just wish I would have bought the pre-rolled wraps instead of the flat. still a huge time saver Link to comment Share on other sites More sharing options...
AMD Snacks Posted November 30, 2016 Share Posted November 30, 2016 Yea I got the prerolled from Amazon...pretty inexpensive too ...kinda tricky to find thoSent from my SAMSUNG-SM-G920A using Tapatalk Link to comment Share on other sites More sharing options...
gumball guy Posted November 30, 2016 Share Posted November 30, 2016 i use plastic tamper evident bags. Weigh the quarters, bag em' and take them to the bank. Just make sure your bank is ok with it and doesn't charge a ridiculous fee to do it. It is a quick and easy way to deal with depositing quarters especially as your business grows. Here is a link that shows an example: https://www.usbanksupply.com/index.cfm/go2/view/pID/573/n/coinlok-tamper-evident-coin-bag-10qmark-x-19qmark-__-#hb7391012 These are a bit pricey so shop around for the best price. Many times banks will give you some at no charge. Link to comment Share on other sites More sharing options...
AZVendor Posted November 30, 2016 Share Posted November 30, 2016 If you have a real coin sorter/counter (4000-6000 coins per minute) then you can hang the canvas bags on them and use preset bag stops. Get lead seals and crimp them on your full bags. Use the proper colored tags (orange for quarters) and rubberstamp your account info on the back of the tag so you get proper credit. You should be able to get the bags from your merchant window if they're serious about doing business with you. You then get empty bags each time you drop off full bags. Quarters are $500 per bag. Link to comment Share on other sites More sharing options...
rodney69 Posted December 3, 2016 Share Posted December 3, 2016 I'm I the process of changing banks. I was with wells Fargo, but the coin counting was just the final straw for me. The amount for quarters must be different from bank to bank. Mine is 1000.00 for quarters. Link to comment Share on other sites More sharing options...
Hillbilly Posted December 3, 2016 Share Posted December 3, 2016 I have a Cummins Jetsort 3000. Use the plastic fed bags. Usually take 3-4 bags of $1000 in every week. Rolling change in wrappers is for the birds. Link to comment Share on other sites More sharing options...
TomG Posted December 4, 2016 Share Posted December 4, 2016 Any casino counts coins for free. If you live by one take your coins in. Link to comment Share on other sites More sharing options...
VSV Posted December 4, 2016 Author Share Posted December 4, 2016 We just opened a Key bank account and they say we can drop bags of coins without fee They provided us heavy duty plastic bags We make our first deposit this coming week, so we will see how well it works Link to comment Share on other sites More sharing options...
Candyman93551 Posted November 27, 2017 Share Posted November 27, 2017 I bought an old Downey Johnson coin counter shortly after I got into vending. I used it until about 5 years ago, when I got a coin scale. It's much faster to just weigh the quarters. Most major banks should allow you to deposit either $500 or $1000 in loose quarters at their merchant window, and they should also provide you with the plastic bags to do so at no charge. Link to comment Share on other sites More sharing options...
orsd Posted November 27, 2017 Share Posted November 27, 2017 On 11/29/2016 at 5:30 AM, QuikVend said: I bought a coin sorter and a big box of coin wraps. https://www.walmart.com/ip/31963905?wmlspartner=wlpa&selectedSellerId=0&adid=22222222228021727615&wl0=&wl1=g&wl2=m&wl3=40948689992&wl4=aud-261800281900:pla-78890167832&wl5=9015721&wl6=&wl7=&wl8=&wl9=pla&wl10=8175035&wl11=online&wl12=31963905&wl13=&veh=sem There's a guy selling Scan Coin SC22's for about that price on ebay. A much better machine, more durable, commercial grade, and faster. Perfect for the part time operator. https://www.ebay.com/itm/Scan-Coin-22-Commercial-Coin-Sorter-700-Coins-Min-SC-22-200220-US-8770230095/253045989261?hash=item3aeab75f8d:g:7IUAAOSwf~9ZaUhn No connection to this guy other than I bought one from him. Only little issue was the reject solenoid gets a bit sticky, dry Teflon lube solved that issue. Link to comment Share on other sites More sharing options...
QuikVend Posted November 27, 2017 Share Posted November 27, 2017 1 hour ago, orsd said: There's a guy selling Scan Coin SC22's for about that price on ebay. A much better machine, more durable, commercial grade, and faster. Perfect for the part time operator. https://www.ebay.com/itm/Scan-Coin-22-Commercial-Coin-Sorter-700-Coins-Min-SC-22-200220-US-8770230095/253045989261?hash=item3aeab75f8d:g:7IUAAOSwf~9ZaUhn No connection to this guy other than I bought one from him. Only little issue was the reject solenoid gets a bit sticky, dry Teflon lube solved that issue. I actually got 2 of those back in March lol. I've upgraded to a Cummins Jetsort 3000 now. So if anybody is looking for one of those Scan Coins, I'll make you a deal on one. Link to comment Share on other sites More sharing options...
zjtaylor Posted November 27, 2017 Share Posted November 27, 2017 4 minutes ago, QuikVend said: I actually got 2 of those back in March lol. I've upgraded to a Cummins Jetsort 3000 now. So if anybody is looking for one of those Scan Coins, I'll make you a deal on one. Will it sort into wrappers? Link to comment Share on other sites More sharing options...
orsd Posted November 27, 2017 Share Posted November 27, 2017 There is an adapter that funnels coins into tubes, check Suzo Happ. Set it to small batch and it stops every 50 coins for easy rolling. But that one on eBay come with bins. Link to comment Share on other sites More sharing options...
QuikVend Posted November 27, 2017 Share Posted November 27, 2017 Yea, I've got the bins for my 2 as well Link to comment Share on other sites More sharing options...
BryanH Posted November 28, 2017 Share Posted November 28, 2017 I got a simple cheap royal sovereign quick sort good for other change too. Its not as fancy or fast as the other machines here but its a good cheap one it puts the quarters in the roll for ye and the quarters slide into a tray when its full. Link to comment Share on other sites More sharing options...
TheSnackShackVendingLLC Posted January 18, 2018 Share Posted January 18, 2018 I was using CoinStar but the fee has gotten crazy high... Now I just have a machine that sorts them like HVending has, but I got it, and my pre rolled coin wrappers from wal mart. Link to comment Share on other sites More sharing options...
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