Cashing In The Coins - Regardless if the coins are pennies, higher denominations, or special high value coins, to make them spendable one has to cash them in. Banks will do a coin count if you have an account with them, and it can take quite awhile if there is a lot them. Another option is a coin counting kiosk like CoinStar. However, CoinStar takes just over 8% of the value of coins counted. For special high value coins, submitting to a coin store may be quick, but one will not get full value. Better to take the time and put in an auction or sell at a coin show.
When it's time to cash in all that hard-earned coinage cash, keep in mind that the Coinstar machine will charge you 8.9 cents per dollar. (Retailers may choose to discount this fee.) Instead, hit up a local bank to cash in at no extra charge. If you prefer instant gratification, Coinstar won't charge you if you turn your coins into gift cards. That's right -- the green machine offers a Coinstar Coin to Card service that counts your pennies for free when you turn them into a gift card or e-certificate for Starbucks, Old Navy, Borders, iTunes and tons of other places.