Best Coin Counting Machines for Home Use

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Coin counting machines at banks and stores might be convenient, but the fees are steep. If you have a lot of coins to count, investing in your own personal machine for counting coins can save you a lot of time and money.

In this post we will show just how much money you can save by counting your own change, as well as take a look at some of our top picks for electronic coin counters you can use at home.

Why Buy a Coin Counting Machine?

As an avid coin collector and coin roll hunter, I’m always going through a lot of loose change.

While rolling coins by hand is always a free option, it can require a LOT of time and for some people just isn’t practical or possible, especially when you have a lot of coins to process and only so many hours each day.

There are many benefits to buying a machine to count coins. The savings and convenience are especially significant if you are a small business owner who frequently deals with cash and change – or maybe just an avid coin collector like myself.

When you consider many companies charge between 11-20% of the total amount in fees, buying your own coin counting machine can easily pay for itself with just a few uses.

Another factor is over the past several years, customers have found out the painfully hard way that these automatic counters at banks and retail centers are NOT always accurate.

The TD Bank Class Penny Arcade class action lawsuit is just one of many recent examples where many people found themselves losing money due to inaccurate counting.

In response to this, many banks now no longer even offer these coin counting services to the general public, afraid of the potential liability it could cause for themselves or their customers if the equipment malfunctions.

Fortunately, you can still count, sort, and wrap coins yourself at home accurately. Not only will you save a lot of time, but you can save a LOT of money.

Some coin count machines, like the Royal Sovereign 4 row FS-44P can easily sort, count, and roll up to 312 coins a minute, saving you a LOT of time and hassle.

If you’ve had enough of trying to find a bank that offers free coin counting services, or maybe just sick of having to always opt for gift cards instead of cold, hard cash – this guide will show you great and affordable options to actually make use of your hard-earned pennies.

Just How Much Can You Save by Rolling Your Own Coins?

Many people have asked us if it is worth it to get a coin rolling machine. If you take a look at how much the cost savings can be over time, it’s definitely a good way to consider and compare whether it’s an investment worth making for your needs.

This chart below shows you how much money you might save compared to the cost you would be charged if the service is 11.9% of the total amount.

Amount Deposited	Cost Savings {11.9% fee}
$20	$2.38
$50	$5.95
$75	$8.93
$100	$11.90
$150	$17.85
$300	$35.70
$400	$47.60
$500	$59.50

As you can see, the more coins you put through these machines, the more your costs really start to add up. Do you really want to spend around $12 every time you need to deposit $100 worth of coins?

If you are someone who frequently handles large quantities of coins, the features and benefits can often quickly pay for themselves if you have a large number of coins to sort, count, roll, and deposit.

The next thing to consider is how much time it takes to roll coins by hand. The average coin wrapping machine can save you HOURS of time.

If you consider the opportunity cost of what you could be doing instead of wrapping coins, it’s quite possible you could be losing money.

It’s pretty clear that coin machine rolling can definitely save some serious cash, so now let’s take a look at some of our top picks for our favorite options out there.

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Top 3 Coin Counters for Counting Coins at Home

In making this list, we carefully reviewed many different brands, makes, models and types of coin counting machines.

We carefully considered our own experiences, as well as the opinions of others who have tried the different machines.

Best Overall Value for Low Price & Efficiency:
The Royal Sovereign 4 Row Electric Counter {Model FS-44P}

Considering factors such as quality, speed, and value for the dollar, the Royal Sovereign 4 Row Electric Coin Counter is among our top picks for electronic coin counting machines for home use.

This electronic coin roller boasts of being able to process up to 312 coins per minute, making it easy to roll about 6 rolls of pennies per minute.

If you consider it might take at least 5 minutes to roll and count a single roll by hand, you can see how this would quickly save a LOT of time!

Royal Sovereign is a well-trusted brand and maker of machines, with their company being founded in 1986. Their global headquarters is located in Rockleigh, New Jersey and they bring over 30 years of industry experience in developing and manufacturing their products.

This machine is unique in the fact that it has 4 rows for counting and sorting coins with the ability to automatically advance rows as they are counted. Once the first row is full, the machine simply moves it forward and starts filling another row.

This makes it very easy to batch process large amounts. The generous hopper size can also hold up to 800 coins at one time. The hands free operation of this machine quickly processes all of the coins without you having to do much besides following the manufacturer’s directions for operation.

Another nice feature is the option to purchase the add-on Royal Sovereign Thermal Printer that goes with this machine. The thermal printer allows for you to easily and quickly print out a receipt with the amount, making banking quick and simple.

All in all, out of all the machines we have carefully reviewed and considered, this machine is your best option if you don’t want to get into the more expensive commercial quality machines but still want a powerful machine to sort, wrap, and count coins quickly.

Weighing at 8 lbs. and measuring at 15 x 9 x 11.7 inches, this machine is also a great option if you are limited on space, as it does not take up too much room on a desk or table.

The only negative we could find about this machine is it is only capable of sorting U.S. coins for dimes, quarters, nickels and pennies – so be sure before use that you remove any rogue Canadian pennies or dollar coins before use.

It is also important to use the correct type of coin wrappers with this machine to prevent jams and potential problems with machines loading. Fortunately, the company also manufacturers their own brand of coin wrappers which have been designed and tested to work in their machines.

This is the machine we would buy and recommend to family and friends because of its overall value for price, capability amounts and overall customer satisfaction ratings and reviews.

Of course, we understand if this is not exactly what you want or need, and the good news is there are lots of other options, so let’s take a look at those next!

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Best Coin Counter for a Cheapskate on a Budget and For Travel: Royal Sovereign Hand Crank Coin Rolling Machine {Model QS-1}

Next on our list is the Royal Sovereign Hand Crank Coin Counting Machine.

This machine is the cheapest option available on our list and is operated using a manual hand crank rather than electric buttons.

If you are on an extremely tight budget and don’t necessarily want to make a large investment to count coins, this machine can be very useful.

The hand-crank model also requires zero electricity or batteries, making it a great option for traveling or working on the road.

If you’ve ever been a vendor at flea markets or festivals while camping out in a parking lot, you will definitely appreciate this machine can be used without trying to find an extension cord or outlet.

The biggest downfall to a hand-crank machine is that it is not the fastest, and it requires a bit of patience. You have to use some care that you do not try to turn the crank handle too quickly, or you may cause jams or even damage to the unit.

It may not have all the bells and whistles, but at this price point could very well be worth investing in to save yourself a few hours of time – and avoid paying the hefty fees at banks and other self-service machines.

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Best Machine for Dollar Coins: Cassida C200 Coin Counting Machine

The Cassida C200 Coin Counter is a bit more expensive than the other machines we’ve reviewed, but still made it to our list for flexibility in being able to sort, count, and roll – with the option for $1 coins.

This business-grade electric coin machine offers the capability to count, sort and roll, which is a useful feature if you don’t necessarily need to have your coins wrapped but do need to be able to quickly process and count change.

Cassida Corporation, headquartered in San Diego, California, is a well-trusted brand in the industry, providing products and services to banks and corporate clients since 1999.

This machine offers the ability to sort and count up to 300 coins per minute, weighs 12 lbs. and measures at 10.8 x 11.2 x 10.2 inches.

While this machine is a bit slower, heavier, and larger than the other two machines we’ve included in this list, it is still a viable option to consider, especially if you need the ability to count and sort coins without necessarily wanting to wrap them.

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How to Choose the Right Automatic Coin Counting Machine for You

Not sure which machine is right for you? Here are some things to consider to help you decide which one is the best match for your needs.

How Often Do You Need to Cash in Coins?

If you generally spend only by credit card and are only casually rolling a jar of loose change once a year or less, it’s possible that it may not be worth the investment of an electronic or digital machine to count coins.

However, if you are a serious collector or a small business that handles cash transactions, you probably find yourself needing to count and sort loose change at least weekly, if not daily.

Before you invest in a coin counting machine, it’s important to really consider whether or not it’s something you would use frequently enough to justify the expense and the amount of room it takes in your home.

What is Your Budget?

While many of the commercial-grade coin wrapping machines are still quite expensive, it’s promising today that so many affordable options are out there to choose from.

If you are on a very tight budget with limited time, and every penny and minute saved makes a difference, the option of getting a hand-crank coin counter can be a great choice, since these machines are not too terribly expensive and the time savings can be significant.

For small business owners, the other thing to consider is whether the amount of time it saves will be worth it. If your business handles cash, having a few extra hours a day to not worry about rolling coins for deposit can make a huge difference.

Can You Share the Machine With Friends or Family?

One of the first things I thought about when getting a machine for our house was how great it would be to share it with family and friends.

If they had a large jar of coins, I could help them save a lot of money. Many of my family members and friends work tirelessly to earn every dime they make, so helping them be able to save more of their hard-earned cash is important to me.

Another bonus to this? I can help them search through their jars of coins for error coins and other potentially valuable collectible coins – many of which are worth much more than face value!

Do You Travel a Lot?

One of the nice things about these machines is they are relatively small and portable. They can easily fit on your desk or even be set up at the kitchen table temporarily.

Our family loves to travel and many times we’ve set up as vendors at festivals and flea markets to end up with a huge amount of loose change we need to convert into a more practical form of cash. (Are you a vendor? Check out our section of Business Tips for Sellers!)

In these cases, something like the Royal Sovereign Hand-Crank Machine is the perfect fit, because it doesn’t require batteries or electricity. If you’ve ever camped in a parking lot, let me tell ya – finding an electrical outlet for charging your phone, let alone a change machine is a challenge!

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All in all, there are lots of great options to consider for the many machines that count coins without manual labor. I hope this guide is helpful for you in finding the best gear for your needs!

What do you think? Do you have a coin counting machine? Do you find it saves you time and money? What model and make do you have or recommend? I’d love to hear your thoughts in the comments section below!