Question 1

How many coins are in a standard bank roll?

Accepted Answer

Standard US coin roll amounts are: 50 pennies ($0.50), 40 nickels ($2.00), 50 dimes ($5.00), and 40 quarters ($10.00). Half-dollar rolls contain 20 coins ($10.00) and dollar coin rolls contain 25 coins ($25.00). Most banks provide free coin wrappers, or you can buy them at office supply stores. Some banks also have coin counting machines available for customers.

Question 2

What is the best way to count a cash drawer?

Accepted Answer

Count each denomination separately, starting with the largest bills and working down to pennies. Stack bills face-up and in the same direction for accuracy. Count coins by denomination. Write down each subtotal as you go. Compare the total to your expected drawer amount (starting cash plus sales minus payouts). Most point-of-sale systems generate an expected drawer total to compare against.

Question 3

Do banks charge for coin deposits?

Accepted Answer

Most banks accept rolled coins from account holders for free. Some banks have free coin-counting machines in their lobbies for customers. Non-customers may be charged a fee. Coinstar machines at grocery stores typically charge about 11.9% of the total, though you can avoid the fee by choosing a gift card instead of cash. Credit unions often offer free coin counting to members.

Question 4

Are $2 bills still in circulation?

Accepted Answer

Yes, $2 bills are legal tender and still printed by the Bureau of Engraving and Printing, though they make up less than 1% of bills in circulation. They are perfectly spendable but uncommon enough that some cashiers may be unfamiliar with them. This calculator does not include a $2 bill field since they are rarely counted in bulk, but you can add their value to the $1 bill count (each $2 bill counts as two $1 bills).

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