Used by banks, currency exchanges, vending business, arcades, restaurants, stores, and any other establishment that goes through a lot of cash and change, money sorters come in assorted sizes, configurations and price ranges. This device can be very simple or quite elaborate. From children's banks that separate coins by denomination to sorters that place coins into rolls and tally the exact amount, they make categorizing money simple. There are machines that separate and count bills as well, providing a convenient tool for sorting, counting, and organizing coins and bills alike.
At home, a money sorter is a great device for teaching children to save money. As they put coins into their banks, kids can see how quickly it adds up. Before long, a child has an entire roll of coins that can be added to his or her savings or exchanged for bills. These tools are also handy for adults, especially if they handle a lot of change or singles at work. Someone who earns tips for example, might find one very convenient.
A quality sorter is very sturdy, reliable, and simple to use. Many are so simple that all a user has to do is pour in change or load a stack of bills and let the machine do the work. More advanced ones can sort coins and bills by denomination, organizing them and counting them at the same time. Many even check the authenticity of the money, removing counterfeit notes and coins from the rest of the currency.
In business, time is money, so the quicker money can be sorted, counted, rolled, and stacked, the better it is for the business owner. It is also important to detect counterfeit money, which money sorters can do with UV light or a magnetic component.
Money sorters can also be purchased with different speeds, and some can count as many as 1,000 bills in just one minute. These devices are easy to use and some models can be hooked up to a computer. There are also portable, battery operated models.