Programs: AA EXP/1.25 MM, UA 1K, DL PM, BD Gold, CO Silver, IC RA, Hyatt Diamond, Hertz Prez Circle
Posts: 1,056
Quote:
Originally Posted by cepheid
Hmm, only 200 boxes to get lifetime Gold on AA... who'll be the next PresidentialCoinGuy?
(I use cash so rarely that this would only be worthwhile for me if I just deposited them at the bank, which not only goes against the spirit of the program, but is also just a major pain in the butt... not to mention that the most I'd make out of it would be 1.5%, which isn't worth the hassle of schlepping coins to the bank.)
That would be 2,000 boxes!
My bank is right next to my work, so it's well worth the trouble, especially since it applies to lifetime miles!
Programs: United 1K/0.4MM+; SPG Pt; various other programs of no consequence
Posts: 25,680
Quote:
Originally Posted by HeHateY
Right now, there are only 8 Presidential $1 coins issued.
No, only six so far.
Quote:
Originally Posted by HeHateY
A president has to be no longer living to have the coin issued.
I believe it's a little more than that. IIRC, the president must have been dead for a period of time (two years?) before they'll release the coin.
Quote:
Originally Posted by HeHateY
it is possible that one or more of the currently living four may not live to 2016, but this still means only 86 boxes available at most in 2016
If more than one dies before 2014, the coins will run into 2017. They don't list a release date for Reagan just because they don't know if he'll be the Q3 release (if Carter survives) or the Q4 release (if he doesn't).
Since I'm a bit of a collector, this is nice just because sometimes the convenient banks don't seem to have the coins.
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The memories of a man in his old age are the deeds of a man in his prime.
Programs: UA 3P, US, AA, WN, TZ; HH, *W, MR, GP+ (non-elite on all)
Posts: 6,468
Quote:
Originally Posted by HeHateY
"Orders are limited to two boxes ($500) per President."
Sure, but how are they limiting this? Per person, per household, per credit card? If per person, then you can order 2 boxes per member of your household... if per household, you can send one order to your work address, perhaps. But yes, it could be a bit difficult to get too many boxes.
Quote:
Originally Posted by fsa_ea
That would be 2,000 boxes!
Er... whoops! I guess I misplaced a factor of 10 somewhere. Sorry!
Even if the bank were right next door to me, I don't think it'd really be worth my hassle... 2 boxes @ $500 * 1.5% = $7.50. While certainly every penny counts for me, as a starving graduate student, there's a limit to my free time. Maybe if I could get 3% or 5% out of it, I'd think it's more worthwhile, but since the Mint doesn't fall under any of the "special categories" for any of my credit cards, 1.5% is the best return I'd get. (I'm not counting any float from depositing the $500 into an interest-bearing account for the month grace period before I'd have to pay the CC bill... even at 4% APY, that float is worth only 0.33% = $1.67.)
That said, for those of you who want to do it... have at it.
In fact, I'm quite surprised we haven't heard from Marathon Man yet...
Programs: UA 1K, CO Silver, NW Gold, IC Ambassador, SPG Gold
Posts: 908
Quote:
Originally Posted by MrHalliday
...And reminds me of days when you could charge US Bonds to the AMEX !
Those were the days!
I still have the 2 $5,000 savings bonds that I purchased back in 2002/2003, the DL miles I earned having long been spent on a memorable AF Concorde trip.
I didn't plan to hold the bonds this long, but with the crash of the Internet and housing bubbles, those savings bonds (worth only about $12-13K now) weren't such a bad addition to my portfolio after all.
__________________ My FlightMemory ~ NW miles left to burn: 462
I guess I misplaced a factor of 10 somewhere. Sorry!
Maybe if I could get 3% or 5% out of it, I'd think it's more worthwhile, but since the Mint doesn't fall under any of the "special categories" for any of my credit cards, 1.5% is the best return I'd get. (I'm not counting any float from depositing the $500 into an interest-bearing account for the month grace period before I'd have to pay the CC bill... even at 4% APY, that float is worth only 0.33% = $1.67.)
Those were the days! 
