Commerce Bank offers a free coin counting machine that I recently decided to try out. This is opposed to Coinstar machines which typically charge a 9% fee to count your coins.
Commerce Bank prides itself on being a extremely customer service oriented bank. They were open until 8 pm the day I went and the coin counting is free even to non customers. After the machine is done counting it prints out a reciept and you just hand it to the teller and they’ll give you the appropriate amount.
So how exactly are we “testing” Commerce Bank’s coin counting machine? Me and my crack team of interns counted all the coins in the picture below by hand. The hand counted result would then be compared to the result given by the Commerce Bank machine.
Hand counted result: $60.38
Machine counted result: $60.43
Wait! How is the machine result 5 cents higher? Possible explanations:
- The hand count was undercounted by 5 cents.
- There was 5 cents stuck in the machine that was freed by our stream of coins.
- The machine overcounted by 5 cents.
We’ll never know the true reason but it’s great to know the margin of error is slim to none on this field test. Commerce Bank for the win!
a very little difference from hand counting vs machine counting method.
i have heard about this Commerce Bank coin counting machine but i have never give it a try.
Thank you for the post. I was able to save my coins over the year to save money. I just got my own Coin Counting Machine and it has been very helpful and saves so much time!