Buy Presidential Dollar Coins with CC @ Face Value, Free Shipping
#2191
Join Date: Dec 2000
Location: IAH
Posts: 536
My credit union has a free counting machine, though only $100 at a time before a 5% fee kicks in. So, it's lots of $100 visits to the credit union to get the coins deposited.
From what I've read, it looks like the shipping & delivery process seems to work, and depositing the coins at the bank is possible if you follow the rules to avoid fees.
Anybody have any problems with getting the miles credited correctly? My last credit card bill had a warning statement about various cash-equivalent transactions that will count as cash advances, such as buying travelers checks and gambling chips, and I'm still waiting to see that my coins purchase will go through as planned.
From what I've read, it looks like the shipping & delivery process seems to work, and depositing the coins at the bank is possible if you follow the rules to avoid fees.
Anybody have any problems with getting the miles credited correctly? My last credit card bill had a warning statement about various cash-equivalent transactions that will count as cash advances, such as buying travelers checks and gambling chips, and I'm still waiting to see that my coins purchase will go through as planned.
#2192
Join Date: Feb 2001
Location: Ann Arbor, Michigan
Programs: Airline Free Agent, Fairmont Lifetime Platinum, Hyatt Globalist, Hilton Honors Diamond
Posts: 3,041
Consumer panels by the US Mint?
Has anyone else been called on to participate in "consumer panels" yet? Someone left a voice msg for my wife last week and sounded legit, mentioned $75 compensation. Last night they called for me for this offer: participate in an up to 2 hour panel with other US Mint customers (light dinner included) for $75. Unfortunately, the location is 30 miles away and the starting time was 6 pm on a Tuesday night. The person sounded legit but not as legit as the first one on the voice mail. I am beginning to think that this may be a scam now...They somehow got lists of us buying $1 coins and they invite us to a meeting where they plan to do the hard sell on their GOLD dollar coins They probably think that we are the kind of people who prefer to have guns in our closets, cash under our mattresses and preparing for Armageddon...therefore, we should be perfect customers for buying gold If they only knew that we equate miles with gold
Anyone with experiences about this please let us know. If it was in my city I would probably go for the heck of it.
Anyone with experiences about this please let us know. If it was in my city I would probably go for the heck of it.
#2193
Join Date: Sep 2004
Location: (not Montana. Nor is my name really Helena, nor am I female)
Programs: Delta, USAirways, Starwood, Priority Club, Marriott, Amex
Posts: 2,557
I recently took $4500 to my bank, and before I brought them in I asked if they would be able to accept a large deposit in coins, as I understood it could present problems for them. They said, "No problem at all, bring them in." I had a few boxes open, but most of the coins were still in the unopened boxes. They just counted the rolls and boxes and accepted the deposit. The teller (and her neighbor, who was watching with interest, asked what was up, and I told them, "The U.S. Mint sells them at face value with free shipping, so I just got several thousand frequent flyer miles on my credit card." (I didn't bother explaining the part about meeting the Amex spending threshold for status miles - I figured that would be too complex).
Their response? "That's brilliant!"
Their response? "That's brilliant!"
#2194
Join Date: May 2009
Location: Raleigh, NC
Programs: Priority Club Plat Ambassador
Posts: 135
Bank Sign: "$1 Native American Coins Available"
Looks like my recent trips to my bank are leading them to do some serious advertising. I've deposited several thousand dollars in NA coins in the past week. Today I stopped by to make another deposit and as I entered I saw signs plastered everywhere: "$1 Native American Coins Now Available!!" I asked the teller if they had a huge demand for the coins and she looked at me and said "were you the one that brought in all those coins?"
I guess not...oh well...maybe folks will want the coins?
I guess not...oh well...maybe folks will want the coins?
#2196
Join Date: Apr 2006
Location: DFW/SEA
Programs: *A Silver, AA Gold + Miles Scattered Everywhere.
Posts: 2,045
saw this article about sale of rolls of penny's. - hundredth anniversary of the Lincoln cent -- the longest-standing coin ever made by the U.S. government. people actually waited in line for this. !!!
For Anniversary Collectors, Penny Fandom Is in Mint Condition
Quote i found interesting
"After collecting some 120 rolls in his sagging backpack, he dashed to the post office to have each roll time-stamped for proof of purchase."
reminded of my own sagging backpack full of $1 coins but taking it to the bank.
wonder if you were able to purchase a roll (50cents) with a credit card and take it to the bank rack up 1/2 a frequent flier mile.
For Anniversary Collectors, Penny Fandom Is in Mint Condition
Quote i found interesting
"After collecting some 120 rolls in his sagging backpack, he dashed to the post office to have each roll time-stamped for proof of purchase."
reminded of my own sagging backpack full of $1 coins but taking it to the bank.
wonder if you were able to purchase a roll (50cents) with a credit card and take it to the bank rack up 1/2 a frequent flier mile.
#2197
Join Date: Sep 2004
Location: Tampa, FL
Posts: 239
Fastest yet ?
Ordered Native Americans Thursday 14th May, got shipping notice Saturday 16th - 2 days !. I've got used to it being up to 2 months.
#2198
Join Date: Jan 2007
Posts: 282
Looks like my recent trips to my bank are leading them to do some serious advertising. I've deposited several thousand dollars in NA coins in the past week. Today I stopped by to make another deposit and as I entered I saw signs plastered everywhere: "$1 Native American Coins Now Available!!" I asked the teller if they had a huge demand for the coins and she looked at me and said "were you the one that brought in all those coins?"
I guess not...oh well...maybe folks will want the coins?
I guess not...oh well...maybe folks will want the coins?
Has anyone else been called on to participate in "consumer panels" yet? Someone left a voice msg for my wife last week and sounded legit, mentioned $75 compensation. Last night they called for me for this offer: participate in an up to 2 hour panel with other US Mint customers (light dinner included) for $75. Unfortunately, the location is 30 miles away and the starting time was 6 pm on a Tuesday night. The person sounded legit but not as legit as the first one on the voice mail. I am beginning to think that this may be a scam now...They somehow got lists of us buying $1 coins and they invite us to a meeting where they plan to do the hard sell on their GOLD dollar coins They probably think that we are the kind of people who prefer to have guns in our closets, cash under our mattresses and preparing for Armageddon...therefore, we should be perfect customers for buying gold If they only knew that we equate miles with gold
Anyone with experiences about this please let us know. If it was in my city I would probably go for the heck of it.
Anyone with experiences about this please let us know. If it was in my city I would probably go for the heck of it.
My credit union has a free counting machine, though only $100 at a time before a 5% fee kicks in. So, it's lots of $100 visits to the credit union to get the coins deposited.
Anybody have any problems with getting the miles credited correctly? My last credit card bill had a warning statement about various cash-equivalent transactions that will count as cash advances, such as buying travelers checks and gambling chips, and I'm still waiting to see that my coins purchase will go through as planned.
Anybody have any problems with getting the miles credited correctly? My last credit card bill had a warning statement about various cash-equivalent transactions that will count as cash advances, such as buying travelers checks and gambling chips, and I'm still waiting to see that my coins purchase will go through as planned.
i have the chase continental mc and miles are posting. made the milestone too but it seems amex cardholders are having problems.
mine has taken a month each time. my first order only took a week for 10 NA's. that was surprising.
#2199
Join Date: Jan 2007
Posts: 282
"What kind of coins are they?" he asks her.
"They're $1 coins."
"Well how much is it?" he says.
"$5-thousand dollars worth. But we dont have room."
"What do you mean you don't have room? What about store 1?"
"That's nearly full." The cashier replies.
"What about stores 2 and 3? There must be some room. FIND room!"
Marvellous to hear this.
So... 4.55pm I walk over to the counter... i had not finished writing the account number on nearly half of the rolls at this point.
"Right," she says, "put rubber bands round every 4 rolls and we'll see how far we get."
In the end the entire $5k was deposited.
The cashier was smiling by the end of it saying that she thought I was bringing in nickels, quarters and pennies and that was why she was so "difficult".
good thing about the labels ^ bad about forgetting at home
I deposited $1,000 at my local TD Bank today. The manager approached me and asked where I was getting all the coins ( I have deposited $10,000 over the past six months). I told him "from a client" . He explained that they have to break open all the rolls and ship the coins back to the Fed. If I want to depost any more, I must put them is a locked bag that they will provide that will be sent to the fed and counted. I guess I be hitting multiple banks and branches in the future. With all the various prmotions, I have accounts at Citi and Chase also.
#2200
Join Date: Sep 2007
Programs: hyatt gold, SPG gold, onepass fanatic
Posts: 51
This is the greatest thing since sliced bread!
#2201
Moderator: Avis and Rental Cars
Join Date: Oct 2006
Posts: 8,032
I think my run has come to an end! Every order is now canceled, no matter what credit card I use. I have a trick or two up my sleeve, so I think I might be able to get a few more for myself and my wife, though
#2202
Join Date: Sep 1999
Location: Charlotte, NC USA
Programs: AA EXP; Marriott Lifetime / Annual Titanium; Massively Missing Starwood
Posts: 5,338
I placed an order for 20 boxes (my first order) a week ago last Saturday and have received no updates or charges to my CC.
#2203
Join Date: Jul 2004
Programs: CO, UA, AA, WN, DL Gold
Posts: 2,981
Call UPS?
I ordered 5K on May 1. I see that my coins are "in stock and reserved." But we're going away for a few days. I'm afraid the coins will be delivered while I'm gone. Anybody had any success calling UPS and asking them to 'hold' a delivery?
I don't want to cancel the order and lose my place in line.
I don't want to cancel the order and lose my place in line.
#2204
Join Date: Apr 2006
Location: DFW/SEA
Programs: *A Silver, AA Gold + Miles Scattered Everywhere.
Posts: 2,045
I ordered 5K on May 1. I see that my coins are "in stock and reserved." But we're going away for a few days. I'm afraid the coins will be delivered while I'm gone. Anybody had any success calling UPS and asking them to 'hold' a delivery?
I don't want to cancel the order and lose my place in line.
I don't want to cancel the order and lose my place in line.
#2205
Join Date: Jul 2004
Programs: CO, UA, AA, WN, DL Gold
Posts: 2,981
you can't do it till after the first delivery attempt. since they require signatures they will leave you a slip saying that they'll come back tomorrow... but you can then call and they will hold it at the nearest service center from your location for 5 business days. this only works if your delivery guy attempts to get a signature....which they should
Thanks, that should work.