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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 29, 2011, 4:17 pm
  #15391  
 
Join Date: Jun 2011
Posts: 46
Originally Posted by Jimgotkp
Received my first order of $1 coins in the mail today then deposited them at the bank a few hours later. ^
Did the same very thing today - got my 1st order of $500 and took it to my bank. I won't need to order it again though - I simply needed a $500 charge to get quickly to the required amount to get the bonus on AAdvantage card
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Old Jun 29, 2011, 4:32 pm
  #15392  
 
Join Date: Mar 2011
Posts: 1,171
Subject to count?

For any amounts above $500, my bank said that they will need to send out the coin and process "subject to count". What have your experiences been with subject to count? Are they pretty accurate and is the service reliable?
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Old Jun 29, 2011, 4:33 pm
  #15393  
 
Join Date: Mar 2007
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Originally Posted by Libra7474
I won't need to order it again though - I simply needed a $500 charge to get quickly to the required amount to get the bonus on AAdvantage card
But aren't you hooked now?
As the saying goes, "The first $500's free."
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Old Jun 29, 2011, 4:54 pm
  #15394  
 
Join Date: Sep 2009
Posts: 144
Originally Posted by hqly2001
For any amounts above $500, my bank said that they will need to send out the coin and process "subject to count". What have your experiences been with subject to count? Are they pretty accurate and is the service reliable?
Some branches do that. Try another branch or bank.
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Old Jun 29, 2011, 5:00 pm
  #15395  
 
Join Date: May 2008
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Originally Posted by hqly2001
For any amounts above $500, my bank said that they will need to send out the coin and process "subject to count". What have your experiences been with subject to count? Are they pretty accurate and is the service reliable?
At least they are warning you about this before hand.

I, and others, have had problems with BofA not even telling us they're going to count the coins later (in one guys case, 3 weeks later).

I summarized a bit of the discussion a while ago:

http://www.flyertalk.com/forum/15651396-post12391.html

From my experience, I would absolutely NOT deposit my coins with any bank if they intend to count them while not in your presence and make adjustments later. Some people have been dinged for a lot of money on this, and, you have no recourse other than hoping your bank branch considers you a 'valued customer' and credits back the debit amount as a goodwill gesture (i.e. don't expect that courtesy to be repeated).

There are numerous banks that take them 'as is' rolled from the mint, and accept that each roll is $25. I'd advise doing this with a more amicable bank/branch (better yet have a few to cycle through so you don't exhaust your welcome).

Last edited by thehawk75; Jun 29, 2011 at 5:05 pm
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Old Jun 29, 2011, 5:59 pm
  #15396  
 
Join Date: Mar 2011
Posts: 1,171
Originally Posted by thehawk75
At least they are warning you about this before hand.

I, and others, have had problems with BofA not even telling us they're going to count the coins later (in one guys case, 3 weeks later).

I summarized a bit of the discussion a while ago:

http://www.flyertalk.com/forum/15651396-post12391.html

From my experience, I would absolutely NOT deposit my coins with any bank if they intend to count them while not in your presence and make adjustments later. Some people have been dinged for a lot of money on this, and, you have no recourse other than hoping your bank branch considers you a 'valued customer' and credits back the debit amount as a goodwill gesture (i.e. don't expect that courtesy to be repeated).

There are numerous banks that take them 'as is' rolled from the mint, and accept that each roll is $25. I'd advise doing this with a more amicable bank/branch (better yet have a few to cycle through so you don't exhaust your welcome).

Thanks for the info Hawk. IT looks like BOA is the one most people have trouble with. The bank that's telling me is WFB. I'm hoping that they are not like BofA at all!
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Old Jun 29, 2011, 7:53 pm
  #15397  
 
Join Date: Aug 2009
Posts: 123
Has anyone who purchased NAs today seen a pre-authorization?

Usually when they're in stock, I notice an immediate reduction in available credit. Perhaps they're really not in stock and they just haven't updated the site yet? Or none of my cards are being authorized.
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Old Jun 29, 2011, 8:32 pm
  #15398  
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Originally Posted by chimmy826
Has anyone who purchased NAs today seen a pre-authorization?

Usually when they're in stock, I notice an immediate reduction in available credit. Perhaps they're really not in stock and they just haven't updated the site yet? Or none of my cards are being authorized.
The order status is showing the NAs I ordered today as on hold (which is normal for same day) and in stock and reserved but my card hasn't been authorized. Last time I ordered on this card was 6/12 so it's been past 10 days but the card was authorized 6/20 and shipped 6/21. I am hoping the mint isn't going 10 days after the authorization date now. I have another order I placed the same day on another card with the same authorization and ship dates and am going to wait 2 days to order on that card.
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Old Jun 29, 2011, 8:45 pm
  #15399  
 
Join Date: Aug 2009
Posts: 123
Originally Posted by jamesteroh
The order status is showing the NAs I ordered today as on hold (which is normal for same day) and in stock and reserved but my card hasn't been authorized. Last time I ordered on this card was 6/12 so it's been past 10 days but the card was authorized 6/20 and shipped 6/21. I am hoping the mint isn't going 10 days after the authorization date now. I have another order I placed the same day on another card with the same authorization and ship dates and am going to wait 2 days to order on that card.
The Mint has ALWAYS gone 10 days from the authorization date. Though they've stated it's ORDER date, it's really authorization date. It's never been a problem (until recently) because the coins have always been in stock (except for periods a long long time ago) so card authorization was immediate. If a coin is backordered, authorization does not occur until that coin comes back in stock and is ready to ship.

Today the NAs showed in stock. I used a card that has not had an authorization in the last 10 days and it was not authorized. Usually cards are always immediately authorized upon order (if the coin is in stock). So I'm wondering if others have had similar experience today?
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Old Jun 29, 2011, 8:57 pm
  #15400  
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Originally Posted by chimmy826
Has anyone who purchased NAs today seen a pre-authorization?

Usually when they're in stock, I notice an immediate reduction in available credit. Perhaps they're really not in stock and they just haven't updated the site yet? Or none of my cards are being authorized.
You may have hit a period of time when Mint's dumb system of authorization has gone down.

Mine were authorized within seconds after submitting the orders between 6 to 6:30pm. It worked like the old days when everything is in stock as you explained it correctly.

BTW, if one clicks on NA description one would see Mint now explicitly says it is 10 days from authorization of credit card. Those who still insist it is from Order Date, should take a few seconds to read it themselves.

Last edited by Happy; Jun 29, 2011 at 10:04 pm
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Old Jun 29, 2011, 9:01 pm
  #15401  
 
Join Date: Dec 2004
Location: Saint Paul, MN
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I have always had good luck with order date. In fact I receive a shipment on Monday and this evening I received notice of another shipment being sent tonight that includes the same cards used with the Monday shipment.
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Old Jun 29, 2011, 9:28 pm
  #15402  
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Originally Posted by chimmy826
The Mint has ALWAYS gone 10 days from the authorization date. Though they've stated it's ORDER date, it's really authorization date. It's never been a problem (until recently) because the coins have always been in stock (except for periods a long long time ago) so card authorization was immediate. If a coin is backordered, authorization does not occur until that coin comes back in stock and is ready to ship.

Today the NAs showed in stock. I used a card that has not had an authorization in the last 10 days and it was not authorized. Usually cards are always immediately authorized upon order (if the coin is in stock). So I'm wondering if others have had similar experience today?
Even with the backorder situation, I was placing coin orders ten days after the order date on backordered coins and they have gone through fine. I gues it won't be a big deal if the NA's stay in stock and they go by authorization date. If that's the case I'll just cancel this order in a couple days if it's still on hold and reorder.
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Old Jun 29, 2011, 9:38 pm
  #15403  
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I put in another NA order on 6/27 and I got a "shipped" email tonight. That's a world record for me. Two days from order to "shipped". I'm betting they won't actually ship until tomorrow though.
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Old Jun 29, 2011, 11:37 pm
  #15404  
 
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Huh!? I made a small deposit at BoA as an experiment. They just counted the rolls. The teller said folks LOVE those coins.

So I made an additional deposit a few weeks later. A different teller at the same branch told me that folks LOVE those coins and they had gotten some in a few weeks ago.

Last edited by MsEverywhere; Jun 29, 2011 at 11:52 pm Reason: added "They just counted the rolls."
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Old Jun 30, 2011, 1:16 am
  #15405  
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Originally Posted by fjord
Got harassed on the phone by PNC today. Called me on the phone while at work and left a VM. I called back and got to this lady's VM. It edned like this: Name1 Name2 loss prevention specialist.

She called me back a few hours later and started asking where do I work, how much do I make, who is the second person on the account (my dad, opened this account when I was 16) yada yada yada...I just told her I'll make her life easy, I will close the account tomorrow. It was mentioned that they are federally regulated organization, could this have come from somewhere outside the bank or just the bank trying to figure out where all the coins come from?

She asked me:
-how do I get paid
-when do I get paid
-why so many deposits
-why in such order (one every other day in different branches)
-does my employer pay me in such periods? (every other day)
-she tried to ask more and I got fed up and told her I'll no longer be with PNC tomorrow
-profit?

Just posting this FYI.
Thanks for sharing. Could I ask a few questions?
1) It sounds like PNC is your bank where you make deposits. Are you using a PNC card for purchases, too?
2) You said it "was mentioned" that PNC is regulated (as all banks are). Was it mentioned by the caller during the call - or in some other conversation with someone else?
3) Did your deposits ever exceed $3,000 or $10,000 in a single day or period of two consecutive days?
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