Online Coin Counter: Cash for Change
An online coin counter has been created to make it easier for people to exchange their extra coins for cash. If you do not want to make the journey down to your local Coin Star location, this option might be good for you.
www.cashforchange.com provides directions for people who want to get rid of their pennies, nickels, dimes, and quarters. Customers ship their coins via UPS, FedEx, or the USPS to a processing facility, where the change is counted and sorted. Customers will receive a check within 7 to 10 days for the amount of the change, minus 8.5 percent in processing fees. The company also has plans to make shipping easier by providing discount shipping rates and prepaid shipping labels.
Approximately 85% of all Americans have large amounts of change lying idle in piggy banks and coin jars. The vast majority of these Americans would like easy access to this untapped resource, but they lack to time to sort, count, wrap, and roll their change as required my most banks. The amount of extra money lying idle is not insignificant. It's estimated that several billion dollars sits gathering dust in American homes.
