Monetary Value of Gold Medallion Status
Oct 13, 2012, 2:02 pm
#2
Join Date: Feb 2012
Location: Los Angeles, CA
Programs: DL DM, UA 1K, AA EXP, US G, SPG P, HH D, MR G, NEXUS/GE, DL AMEX Reserve
Posts: 2,035
Oct 13, 2012, 2:08 pm
#3
Join Date: Oct 2012
Posts: 19
There are a lot of benefits to being a gold member. I would hope you make the right decision to not sell or barter any of your choice benefits as it not the right choice to make. Medallion status may be earned but it is a privilege and can also be taken away.
Oct 13, 2012, 2:21 pm
#4
Original Poster
Join Date: Jul 2011
Location: Baltimore, MD
Programs: Hilton, United, Delta, Hyatt, YMCA
Posts: 242
Red Face
Opps, are you Guys saying that I cannot sell/batter Gold Medallion?! Gee, I did not know it. I think I should read the rules carefully before I do something stupid.
Thank you for enlightening me. In no way would I do something to violate the rules of THE Airline I not only fly a lot but also partially own (stock). Cheers
Thank you for enlightening me. In no way would I do something to violate the rules of THE Airline I not only fly a lot but also partially own (stock). Cheers
Oct 13, 2012, 3:22 pm
#7
A FlyerTalk Posting Legend
Join Date: Sep 2009
Location: Minneapolis: DL DM charter 2.3MM
Programs: A3*Gold, SPG Plat, HyattDiamond, MarriottPP, LHW exAccess, ICI, Raffles Amb, NW PE MM, TWA Gold MM
Posts: 100,413
Negative value if you lose your own DM status and all redeemable miles in your account, plus any upgrades and award tickets that have already been issued.
Oct 13, 2012, 3:37 pm
#9
A FlyerTalk Posting Legend
Join Date: Sep 2009
Location: Minneapolis: DL DM charter 2.3MM
Programs: A3*Gold, SPG Plat, HyattDiamond, MarriottPP, LHW exAccess, ICI, Raffles Amb, NW PE MM, TWA Gold MM
Posts: 100,413
The OP doesn't have access to CC, so presumably he/she was considering eBay or Craigslist.
Oct 13, 2012, 4:00 pm
#11
Join Date: Jan 2008
Location: LAS
Programs: DL PM, UA PS, Hyatt Globalist, Marriott Titanium
Posts: 4,904
I wouldn't sell the benefit. Now if you were to give it to a family member or close friend, and they gave you a return gift as a "thank you ..."
For me, biggest GM benefit is free access to domestic EC. Routinely save $50+ on transcon flights (I don't even know what the price is because I haven't ever had to pay for domestic EC, but $50 seems like a good minimum per leg). Possibly worth more if you travel with a companion ... did so earlier this year, and got EC on a 764 and back on the A330. This is easily worth several hundred dollars towards GM value.
Next is the 100% Skymiles bonus. While Skymiles aren't the greatest, earning 5K on a one-way transcon instead of 2.5K or 3.1K as FO is a big step up. For a transcon, this is 1900 miles more than Silver, so maybe another $20 per way.
After that is Sky Priority, at least getting Zone 1 and quicker check-in/security lines. I don't have GE yet, but I have gotten PreCheck with GM. Hard to put a monetary value on this but it's worth something.
Next is upgrades, not much, but easy to get if you time your flights well. Last trip I was 3/4 on upgrades, not bad, but two were short flights with not much value in getting to sit in F.
Lastly, SkyTeam Elite+, though I've only used that on 2 trips. Lounge access is nice abroad but can be attained through other means.
These are my values, but those are the biggest benefits to having GM over FO or no status.
For me, biggest GM benefit is free access to domestic EC. Routinely save $50+ on transcon flights (I don't even know what the price is because I haven't ever had to pay for domestic EC, but $50 seems like a good minimum per leg). Possibly worth more if you travel with a companion ... did so earlier this year, and got EC on a 764 and back on the A330. This is easily worth several hundred dollars towards GM value.
Next is the 100% Skymiles bonus. While Skymiles aren't the greatest, earning 5K on a one-way transcon instead of 2.5K or 3.1K as FO is a big step up. For a transcon, this is 1900 miles more than Silver, so maybe another $20 per way.
After that is Sky Priority, at least getting Zone 1 and quicker check-in/security lines. I don't have GE yet, but I have gotten PreCheck with GM. Hard to put a monetary value on this but it's worth something.
Next is upgrades, not much, but easy to get if you time your flights well. Last trip I was 3/4 on upgrades, not bad, but two were short flights with not much value in getting to sit in F.
Lastly, SkyTeam Elite+, though I've only used that on 2 trips. Lounge access is nice abroad but can be attained through other means.
These are my values, but those are the biggest benefits to having GM over FO or no status.
Dec 22, 2013, 6:33 pm
#13
FlyerTalk Evangelist
Join Date: Feb 2010
Location: LHR
Programs: DL DM 2MM, BA Bronze, Various Hotels
Posts: 10,187
It comes up once in awhile.
Some past discussion:
http://www.flyertalk.com/forum/delta...bay-legal.html
Some past discussion:
http://www.flyertalk.com/forum/delta...bay-legal.html
Dec 22, 2013, 6:53 pm
#14
Suspended
Join Date: Aug 2009
Location: Look up - On a ✈ DELTA ✈ jet NOW!
Programs: Blogger & Delta Diamond Medallion Million Miler
Posts: 4,174
Opps, are you Guys saying that I cannot sell/batter Gold Medallion?! Gee, I did not know it. I think I should read the rules carefully before I do something stupid.
Thank you for enlightening me. In no way would I do something to violate the rules of THE Airline I not only fly a lot but also partially own (stock). Cheers
Thank you for enlightening me. In no way would I do something to violate the rules of THE Airline I not only fly a lot but also partially own (stock). Cheers
Some devious FT'ers have talked DM's into to this deal and you both risk loosing all your status, miles and flights booked on miles and being kicked out of Skymiles for life.
In other words - what price would you put on that?