How Do Coin Counting Machines Work ?

Coin Counting machines

A coin counting machine is used by all types of business today. The Count Money range of Coin Counters & Sorters will separate individual coins as they are counted. This means that each type of coin whether a penny, 5p, 10p, 20p, 50p, £1 or £2 can be accurately counted. A coin counting machine for individual use separates coins individually by type into cylinders so they can then be transferred into individual bank bags ready for depositing.

Types of coin counting machines

A coin counting machine generally counts all denominations of coins. The majority of Coin Counters & Sorters only count single currency, i.e Uk, Euro or US.

A large heavy duty coin counting machine at a supermarket or a  bank counts coins that are United Kingdom currency. Foreign coins or other non U.K. currency will not be counted but will be separated and returned.

Fees

A fee can sometimes be assessed depending on where a coin counting machine is being used. A bank or credit union may not charge a fee for a customer who has already counted and bagged up their change.

Whereas a self serve coin counter like the ones found at large supermarkets can charge a percentage of the total amount. Most of the time this percentage can be as much as 10% ! Its easy to see why Hundreds of people have bought a CS-850 to count the change that they keep in the "jar" at home.

Necessity of coin counting machines

Coin counting machines became a necessity for all types of business to cut down on the time to separate and count coins by hand. Especially at the end of a long shift, often when mistakes are made. This is especially true for banks as well as casinos, charities, schools and fast food outlets that separate and count large quantities of coins daily or weekly.