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Monday, May 7, 2007

Value and Weight of Pocket Change

Had you ever wanted to know how much your pocket change was worth? But didn't want to count it? Well, as my collection in a large plastic Coke bottle (as a coin bank) approached full, it was 96 lbs!

I had to cut it open - there was no way to tip it; plus, the bottom had already cracked and was held together with packing tape. I took me over an hour to trade it all in. I first went to Ralphs and filled that machine, then had to finish at Vons!

DenomValueWeight (g)Production QtyProd * WeightValue * Prod
cent0.012.5712,800,0001,782,000,0007,128,000
nickel0.055169,200,000846,000,0008,460,000
dime0.102.268305,000,000691,740,00030,500,000
quarter0.255.67504,000,0002,857,680,000126,000,000
half dollar0.5011.347,100,00080,514,0003,550,000
dollar1.008.13,360,00027,216,0003,360,000
Sums:1,701,460,0006,285,150,000178,998,000
Ave ValueAve WeightAve ProdWeighted Ave WeightWeighted Ave Value
0.325.81283,576,6673.6940.11
Value per Kg (in $)Weight per $1 (in g)
28.4835.11
Value per Lb (in $)Weight per $1 (in oz)
12.921.24

The machines return the count of each Denomination:

  • Dollars: 13
  • Half-dollars: 0
  • Quarters: 3645
  • Dimes: 2168
  • Nickels: 1299
  • Pennies: 4594


  • Gross Value: $1,250.94
  • Exchange fee: $110.44
  • Net Value: $1,140.50
  • That's $13.03 a pound!