How fast can you count your coins?

As one of the oldest payment methods, coins hold a great economical, historical, and cultural value. Even though more modern and digital methods are on the rise, coins are still an extremely important part of our financial market today. Read along to learn more about the history of your change, and how you can manage it efficiently.

The history of coins as a currency

The invention of money came from one simple action. Trading. Centuries ago, before there were any monetary products or policies, people traded different items with each other. This evolved from need-based objects such as hunting tools and livestock, to more compact and sophisticated items such as shells and beads. This later led to the use of more rare materials such as copper and gold, which eventually found its form in the rounded coins we use as currency today.

The importance of coins today

Despite the recent introductions of new and more modern payment methods, coins are still one of the most important and reliable forms of currency. There are currently more than 149.6 billion euro coins in circulation that are used everyday to make donations, purchase products, and use machine operated services (such as laundromats and parking meters). Making them very important to charitable organisations, retail businesses, and facility operations. Without the usage of coins businesses like theirs and yours would see a decline in their income, fail to complete cash transactions, and be unable to provide services.

Processing your coins

Even though coins are very important, they can also be a hassle to deal with. Especially when you are counting and sorting all your individual coins manually, by hand. This process is not only very time consuming but can also lead to incorrect results and reports, which over time can cost your business a lot of money. By automating your coin counting process, you not only save valuable time, but you also limit the risks of mistakes and discrepancies within your administration.

Our intelligent coin counting machines not only count all your coins in no-time, but they also sort them per denomination. They can even print all your individual results so you can easily add them to your administration. All with just the push of one button. Want to count both coins and banknotes? Then check out our money counting scales. These intelligent counting machines can weight all the cash inside your cash drawer in just minutes. Including all your coins and coin rolls. Now that’s smart

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