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Most of us have a jar in our house full of loose coins...Ever wonder how much money that jar is worth? CoinCalc.com will help you figure it out.
Just grab a representative handful of coins and fill in the values below along with the total weight of your jar.
First, weigh your coin jar. You can use a standard scale that you would use to weigh yourself with. To get more accuracy we suggest that you calculate the weight by stepping on the scale holding the coin jar and then again without it. You then subtract the second number from the first number for the coin jar weight. You should also make an estimate on how much your coin jar weight would be if it was empty and also subtract that from the total weight of the coin jar.
Second, grab a representative handful of coins from the jar and count how many of each coin you got in your handful. Make sure you get a good random mix of coins that reflects the mixture of coins in the jar. Then fill in the values below and click the "Submit Form and Get Estimation" button.
Your Coin Jar Information
Note: This page works with United States currency only; support for other currencies coming later.
How does the Coin Jar Calculator work?
Very simple mathematical calculations are used to estimate the value of your coin jar.
By using the known weights of each coin, we can compute an accurate estimate of the weight of the handful of coins you retrieved.
Then we divide the total weight of the jar by the calculated weight of your handful, we can estimate how many similar handfuls of coins are in your jar.
We can then multiply the number of handfuls by the value of your handful which yields an estimate of the value of the entire jar.
This is why it is very important that your handful is a representative random sample of all the coins in the jar.
Example: If you grab a handful of quarters from the top of the jar and the rest of the jar is mostly pennies, you won't get a good estimate.
We'd love to hear how accurate the coin jar was for you if you convert your coin jar; print out this page and compare it to the machine count at your grocery store or bank. Readers used to post about the accuracy in the comments below.
Security Information
No information about your coin jar is ever saved by us unless you specifically commented.
Comments
Did CoinCalc.com accurately predict the value of your coin jar? We want to know!
December 31, 2007 17:43 UTC · edited