Money Miser

We have a large coin jar where we put all of our random change. It was getting pretty full, so I decided it was time to roll coins. Now, I could have saved myself some time and taken the coins to the automated machine at our local grocery store, and paid about 12% for the convenience. Instead, I decided to buy an inexpensive coin sorter and some rolls and do it myself.

The Money Miser box stated that it could handle up to 10 coins at one time. All you had to do was put the rolls in the slits, put in batteries, drop in some coins and voila! 

Yeah, right.

After maybe 5 quarters, the rest will get stuck at the dime slot. After spending about 15 minutes getting thoe unstuck, I then noticed that dimer were skipping their own slot in favor of the penny slot, and the pennies were dropping in on the nickles. Wasn't the whole purpose to segregate my coins??

After spending about 3 hours rolling maybe $30 in coins (ok, maybe 30 minutes actually rolling coins and 2.5 hours trying to get stuck quarters unstuck), the motor started to slow down. The batteries were brand new, so that wasn't the problem. The cheap motor simply can't handle spinning the cheap plastic coin spinner for more than a minute or two at a time.

But, what should I have really expected for just $15? I still use the Money Miser, I just don't turn it on...instead I drop the coins directly into the rolls and use the Miser's coin roll measuring bar to know when a roll is full. So, it wasn't a totaly waste of money (hence the score of 2)...but close. 

na sorter storers image

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Tags I added:

  • This would have been great had it worked properly, could have been a real time saver, thanks for the info on this product.

    godfrey884 on May 22, 2008 13:39
  • I don't think that is how the Money Miser is supposed to work! ;-) At least it is was somewhat helpful to you... but I would definitely return this item!

    Bosoxy on May 22, 2008 13:56
  • Great idea hampered by quality.Guess if they raised the price,nobody would buy but that shouldn't be an excuse to make defective product.

    flowerhorn on May 25, 2008 21:17
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Akitajitsu

Akitajitsu


Rank: 273rd (down 1)
ShareScore: 60%

Gender: Female
Age: 38
Education Level: post_graduate
Country: United States
Industry: Internet
Position: Owner
Income: $90,000.00 - $150,000.00

Money Counters & Storers Expertise:
5.0

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Detailed Info:

Overall Rating:

1.9
What's Being Reviewed:
Money Miser NA
Purchased at: Wal-Mart Price: 14.99 Category: Office / Money Counters & Storers Published: May 22, 2008 13:11
Feature Ratings:
Speed
0.9
Accuracy
1.0
Capacity
1.4
Ease of Use
1.4