Go Back  FlyerTalk Forums > Miles&Points > Credit, Debit and Prepaid Card Programs > Manufactured Spending
Reload this Page >

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

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

Old Jul 20, 09, 12:40 pm
  #2956  
 
Join Date: Mar 2006
Programs: SPG Gold, HH Gold, Choice Priveleges Gold, Club Carlson Silver, Wyndham Rewards, UMP, DL, ANA
Posts: 129
I do my coin deposits at various Chase bank branches around town, and not once has any of them asked me to unroll the mint-rolled coins. Most of the time, they simply open the box, lift up the top tray just enough to make sure there is indeed a second tray underneath, fill out their slip, and then hand me my receipt. I usually fill out a deposit slip with the total amount of coins before hand. They seem to be less confused by the whole ordeal this way.
Lefty is offline  
Old Jul 20, 09, 12:45 pm
  #2957  
 
Join Date: Dec 2005
Location: Bogota, Colombia
Programs: AA EXP, UA *S, Hyatt DIA, *W/IC Plat, HH Gold, A3 *G, Sixt Plat
Posts: 1,218
This is indeed addictive - thankfully my bank didn't make me unroll them! ^
SASfan is offline  
Old Jul 20, 09, 1:52 pm
  #2958  
 
Join Date: Mar 2003
Location: New York, N.Y.
Programs: Priority Club Plat./Ambassador; HHonors Gold; SPG Gold; UA Silver
Posts: 380
Originally Posted by jlgrandam View Post
NYC Chase, WAMU and BofA all require rolls. BofA requires account number on each roll.
Only once at a NYC BoA did a teller ask me to write my account number on the rolls. Fortunately, as I started writing, she realized they were official-looking rolls and decided I didn't have to go through that effort.
HLS2002 is offline  
Old Jul 20, 09, 5:17 pm
  #2959  
 
Join Date: Jan 2009
Programs: Spirit,AAdvantage,Onepass,WorldPerks
Posts: 52
Angry

Originally Posted by Lefty View Post
I do my coin deposits at various Chase bank branches around town, and not once has any of them asked me to unroll the mint-rolled coins. Most of the time, they simply open the box, lift up the top tray just enough to make sure there is indeed a second tray underneath, fill out their slip, and then hand me my receipt. I usually fill out a deposit slip with the total amount of coins before hand. They seem to be less confused by the whole ordeal this way.
My chase branch won't take them anymore.

Here's what happened, last Friday I walked in to pay my cc bill and I had lots of cash in bills (from coins) and about 10-15 rolls, the teller called another teller who tells me that they can't take them because they no longer have a machine I asked her if any other branch still had a machine and she claimed she doesn't know. So, I went to a different branch, this time I only brought 5 rolls, the teller asked the other one "do we take these?" so she asked her "how many are there?" she answered 5 so the teller told her to take them!

Last edited by Yissr; Jul 21, 09 at 12:38 pm Reason: misspellings
Yissr is offline  
Old Jul 20, 09, 5:19 pm
  #2960  
 
Join Date: Jan 2009
Programs: Spirit,AAdvantage,Onepass,WorldPerks
Posts: 52
These Chase branches are in the Monmouth county area.
Yissr is offline  
Old Jul 20, 09, 7:48 pm
  #2961  
 
Join Date: Sep 2004
Location: USA
Programs: HI Platinum
Posts: 369
How many boxes for $5000

My coins just arrived today and I only got one box. On the label it says 1 of 1. It weighs 46 something pounds. Before I open it, it seems like in the past $5000 has been 2 boxes....? Can anyone confirm?
cardigans1 is offline  
Old Jul 20, 09, 7:54 pm
  #2962  
FlyerTalk Evangelist
 
Join Date: Jul 2003
Posts: 11,370
Originally Posted by cardigans1 View Post
My coins just arrived today and I only got one box. On the label it says 1 of 1. It weighs 46 something pounds. Before I open it, it seems like in the past $5000 has been 2 boxes....? Can anyone confirm?
It's about 58 coins/lb., so I would expect only 2,500 coins in a box weighing 46 lbs.
soitgoes is offline  
Old Jul 20, 09, 7:55 pm
  #2963  
 
Join Date: Jun 2007
Location: Fairport, NY
Posts: 195
Originally Posted by Yissr View Post
These Chase branches are in the Monmouth county area.
What state would your Monmouth county be in?


ralph
rxralph is offline  
Old Jul 21, 09, 12:59 am
  #2964  
 
Join Date: Feb 2002
Location: Ashland, OR USA
Posts: 260
I paged through many pages of this thread, as well as following the link to the mint, and I still don't see where the free shipping for the purchase of dollar coins comes into play. Can someone help?

Thanks.
lynowens is offline  
Old Jul 21, 09, 1:15 am
  #2965  
 
Join Date: Aug 2004
Posts: 109
Originally Posted by lynowens View Post
I paged through many pages of this thread, as well as following the link to the mint, and I still don't see where the free shipping for the purchase of dollar coins comes into play. Can someone help?

Thanks.
Sure. Despite some nominal $4.95 shipping charge as displayed onscreen, if you order more than [$500????], the system provides you with free shipping. Seriously, they eat some heavy shipping charges.
Torino is offline  
Old Jul 21, 09, 3:29 am
  #2966  
In memoriam
 
Join Date: Jan 2006
Posts: 4,020
Yep, if the mint did not pay (no doubt, heavily discounted) shipping charges this would be problematic.

As to the arrival of one box of $2.5K on $5K order--this is not unusual.
biggestbopper is offline  
Old Jul 21, 09, 5:12 am
  #2967  
Original Member
 
Join Date: May 1998
Location: Central Pennsylvania
Programs: SPG/Marriott Lifetime Gold, Amtrak Guest Rewards, United Silver
Posts: 533
Originally Posted by Torino View Post
Sure. Despite some nominal $4.95 shipping charge as displayed onscreen, if you order more than [$500????], the system provides you with free shipping. Seriously, they eat some heavy shipping charges.
I've never ordered more than $250 at a time, and always have received free shipping. For me, using the coins as cash when cash is needed (and thereby distributing the coins) is my priority -- getting miles is a nice sidelight (heresy, I know ).
DivMiler is offline  
Old Jul 21, 09, 6:32 am
  #2968  
 
Join Date: Dec 2007
Posts: 187
I appreciate your efforts to put these into use and actually save our Govt. some money! Wish they would get rid of the $1 bill altogether.
jlgrandam is offline  
Old Jul 21, 09, 10:02 am
  #2969  
 
Join Date: May 2004
Location: LAX
Programs: CO Platinum HHonors Diamond Avis President's Club
Posts: 2,312
Originally Posted by seoulmanjr View Post
So I haven't jumped on this before now just because I haven't had the time to be home and get delivery of thousands of dollars of coins -- but now I'm jammed and jumping in.

How fast does the credit card charge post to your CC? (AmEx in my case.)

My predicament is this -- I want Diamond status with Hilton before a trip and my Hilton Surpass AmEx comps me Diamond after $40k in annual spending. Right now, I'm only a few thousand away from that in annual spend, but my billing cycle ends on 7/19 and I'm not sure I'll get the status in time if I don't have $5k in spending hit my account in the next four days.

Thoughts?! Is there any problem with my wife making another $2500 purchase (who has an extra card on my Hilton AmEx account)? I'm assuming form the recent FAQ post by crabbing (http://www.flyertalk.com/forum/11922122-post2433.html) that I'm limited to $500 per president and that only gets me up to $2500 in spending.

THANKS for helping me out here FT -- I have some back reading to do in this thread obviously, but I'd appreciate any quick help you can give me as I start wading through the thread.

peace,
~Ben~
Well, the coins actually did hit my card and come though in time -- it took only two days for them to charge me and ship. The coins arrived quickly and the security guard in my building signed for them and even loaned me a hand truck to take "that heavy ... box" up to my apartment.

Now I just have to go down to HSBC or Chase and deposit them all. Thanks FT!

peace,
~Ben~
seoulmanjr is offline  
Old Jul 21, 09, 10:41 am
  #2970  
 
Join Date: Jul 2009
Posts: 20
Originally Posted by biggestbopper View Post
Yep, if the mint did not pay (no doubt, heavily discounted) shipping charges this would be problematic.
Yeah, overnight air shipping to some areas on each $2500 box appears to be about $150. The mint probably gets a discount, but I doubt it's more than 50%. The mint likely still gets a good deal, likely making at least 60% of the value of the coins.
Lyrrad is offline  

Thread Tools
Search this Thread
Search Engine: