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Buy Presidential Dollar Coins with CC @ Face Value, Free Shipping

Buy Presidential Dollar Coins with CC @ Face Value, Free Shipping

Old Jun 24, 11, 12:04 pm
  #15286  
 
Join Date: Aug 2010
Posts: 327
Originally Posted by hqly2001 View Post
No, I ordered a few days ago. The Status shows that the NA's are In Stock and Reserved. But the order status shows on Hold. Based on your info, I'll wait a few days to see if my order status changes.
yup, I would give it a couple of days.

Originally Posted by hqly2001 View Post
On a side note, if someone orders 4 sets and 3 are in stock and sent express, I'm assuming tat the 4th set will be sent via regular maila nd not express because it only contains $250 worth and does not qualify for the $500 express shipping?
I believe so. But this has not happened to me so some one else can confirm this.
mshah is offline  
Old Jun 24, 11, 12:17 pm
  #15287  
 
Join Date: Jun 2011
Posts: 45
First time coin buyer

I am certain it has been discussed before, but please let me know. Even though the purpose of the coin buying program is to get the coins into circulation, there is no problem of simply depositing them into one's bank account? I placed an order of $500
Libra7474 is offline  
Old Jun 24, 11, 12:37 pm
  #15288  
 
Join Date: Oct 2009
Location: PHX
Programs: Airline Free Agent, Bonvoy Titanium
Posts: 3,659
Originally Posted by Libra7474 View Post
I am certain it has been discussed before, but please let me know. Even though the purpose of the coin buying program is to get the coins into circulation, there is no problem of simply depositing them into one's bank account? I placed an order of $500
There are problems to this:

1. Finding banks that will accept coin deposits of high amounts.

2. Credit Card companies that will do a Financial Review on your account and cancel cards due to excessive purchases of coins.

Of course these problems will only occur if you purchase A LOT of coins each month.
Jimgotkp is online now  
Old Jun 24, 11, 12:52 pm
  #15289  
 
Join Date: Dec 2010
Posts: 1,303
Originally Posted by Libra7474 View Post
I am certain it has been discussed before, but please let me know. Even though the purpose of the coin buying program is to get the coins into circulation, there is no problem of simply depositing them into one's bank account? I placed an order of $500
The mint has tracking in each coin and records where they were first used.

If it's detected that you're depositing the coins directly into the bank the FBI will track you down and throw you in federal prison for a violation of the "DOLLAR COIN DIRECT DEPOSIT" federal law.
Jesperss is offline  
Old Jun 24, 11, 12:54 pm
  #15290  
 
Join Date: Mar 2011
Posts: 1,166
Originally Posted by Jesperss View Post
The mint has tracking in each coin and records where they were first used.

If it's detected that you're depositing the coins directly into the bank the FBI will track you down and throw you in federal prison for a violation of the "DOLLAR COIN DIRECT DEPOSIT" federal law.
Any chances of you guys going to the same jail? haha
hqly2001 is offline  
Old Jun 24, 11, 12:58 pm
  #15291  
 
Join Date: Jun 2011
Posts: 45
Originally Posted by Jimgotkp View Post
There are problems to this:

1. Finding banks that will accept coin deposits of high amounts.

2. Credit Card companies that will do a Financial Review on your account and cancel cards due to excessive purchases of coins.

Of course these problems will only occur if you purchase A LOT of coins each month.
Thank you. I do have a bank that would accept it at least $200, and it's only a one time purchase to get the required spending for my new AA Advantage
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Old Jun 24, 11, 4:16 pm
  #15292  
 
Join Date: Dec 2001
Location: North Carolina
Posts: 145
Originally Posted by hqly2001 View Post
Any chances of you guys going to the same jail? haha
You will recognize your fellow FTers when they post bails with coins.
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Old Jun 24, 11, 4:28 pm
  #15293  
 
Join Date: Mar 2011
Posts: 1,166
Originally Posted by Force View Post
You will recognize your fellow FTers when they post bails with coins.
WE sure will.
hqly2001 is offline  
Old Jun 24, 11, 6:01 pm
  #15294  
 
Join Date: Feb 2003
Location: Reston, Virginia, USA
Posts: 653
Unhappy Houston we have a problem

I ordered $1,000 NA's. They sent me $500. They charged me $1,000. I called. They will send me a certificate on non-recipt.

Has this happened before? Should I dispute the charge on my CC?
scubadiver is offline  
Old Jun 24, 11, 7:09 pm
  #15295  
 
Join Date: Mar 2007
Location: California, SMF
Programs: UA, AA, AS, DL, BA, HA, WN, SPG-PL, Hyatt-Dia, HH-Dia, Marr-Pl, US Mint/VR(retired)
Posts: 938
Oh please, oh please - let it be true

I once received a shipment with an extra box of $250. Cha-Ching. Then I got dinged a $750 Chase fee for funding a Citi bank account with my United Debit card (did not go through as a purchase) - ouch ! Even though I am a MAJOR Chase customer, no dice getting it reversed. So, I figured I've made tons more from Chase that the measly $750 charge and then there's karma. OK - so now I'm only down $500 cumulatively...

Today I was expecting 9 boxes. Office messaged me that they got 10 in. Could not figure what the extra box was, since no other orders had shipped. I figured it must be someone else's order and I would definitely report it if so.

I look at the packing lists and two of them are identical.
Identical Order #s AND TRACKING #s !

I go to my credit card account and only one charge was made (so far, fingers crossed).

I'm not holding my breath but this would put me ahead $500.

I have a major coin high going at the moment.
As Howard Dean would say, "Yeeeeeeaaaaahhhhhhhh"

Pretty weird - HUH ?
PatMike is offline  
Old Jun 25, 11, 12:32 am
  #15296  
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Join Date: Sep 2006
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Posts: 13,863
Originally Posted by Force View Post
You will recognize your fellow FTers when they post bails with coins.
No, a TRUE FTer will post bond with a credit card for the extra miles. And then hope that the county or city will issue a check after they appear in court to refund the bond instead of credit the card back
jamesteroh is online now  
Old Jun 25, 11, 6:02 am
  #15297  
 
Join Date: Feb 2009
Location: BOS
Programs: HH Gold
Posts: 180
Good morning fellow coiners. Looks like the program is indeed going nowhere. Until 2016 that is....

Here is a must listen for your Saturday morning:

The Friday Podcast: Wasting Money Making Money
http://www.npr.org/blogs/money/2011/...-money?sc=emaf
goodtricks is offline  
Old Jun 25, 11, 6:25 am
  #15298  
xp0
 
Join Date: Nov 2009
Posts: 774
Originally Posted by goodtricks View Post
Good morning fellow coiners. Looks like the program is indeed going nowhere. Until 2016 that is....

Here is a must listen for your Saturday morning:

The Friday Podcast: Wasting Money Making Money
http://www.npr.org/blogs/money/2011/...-money?sc=emaf
This is nothing new...
xp0 is offline  
Old Jun 25, 11, 8:26 am
  #15299  
 
Join Date: May 2007
Location: DEN
Programs: DL PM, Hyatt Diamond, SPG Plat, Hilton Diamond
Posts: 1,816
anyone churned these coins at a casino?
apolloms is offline  
Old Jun 25, 11, 8:53 am
  #15300  
 
Join Date: Feb 2011
Programs: DL DM Hub Captive, Marriott Plat, Hilton Diamond, PC Plat, and other stuff.
Posts: 904
Originally Posted by ianturner View Post
anyone churned these coins at a casino?
This has been brought up numerous times in this thread. You have to do a "search this thread" to see it. Bottom line: most casinos won't take coins in an amount large enough to be useful. Apparently they are very picky about anything that could be conceived as money laundering.

Here's just one example of doing a thread search:

http://www.flyertalk.com/forum/12433205-post4680.html
thegasguru is offline  

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