Originally Posted by cepheid
(Post 9870913)
Hmm, only 200 boxes to get lifetime Gold on AA... who'll be the next PresidentialCoinGuy? ;)
(I use cash so rarely that this would only be worthwhile for me if I just deposited them at the bank, which not only goes against the spirit of the program, but is also just a major pain in the butt... not to mention that the most I'd make out of it would be 1.5%, which isn't worth the hassle of schlepping coins to the bank.) That would be 2,000 boxes! My bank is right next to my work, so it's well worth the trouble, especially since it applies to lifetime miles! |
Originally Posted by HeHateY
(Post 9871133)
Right now, there are only 8 Presidential $1 coins issued.
Originally Posted by HeHateY
(Post 9871133)
A president has to be no longer living to have the coin issued.
Originally Posted by HeHateY
(Post 9871133)
it is possible that one or more of the currently living four may not live to 2016, but this still means only 86 boxes available at most in 2016
Since I'm a bit of a collector, this is nice just because sometimes the convenient banks don't seem to have the coins. |
Originally Posted by azmmza
(Post 9870368)
i just ordered $500
it will be interesting when i walk into the bank to make a deposit with 2 boxes of coins :cool: |
Originally Posted by Sarah DDS
(Post 9871495)
Some banks are now charging customers who deposit coins, especially large amounts.
|
Just bought $500 of Quincy....
now to look for other presidents. Seems a bit of work for 500 SPG points, but, hey, that will buy a nice buffet breakfast next time ! ...And reminds me of days when you could charge US Bonds to the AMEX ! Thanks much to the OP. |
Originally Posted by HeHateY
(Post 9871133)
"Orders are limited to two boxes ($500) per President."
Originally Posted by fsa_ea
(Post 9871442)
That would be 2,000 boxes!
Even if the bank were right next door to me, I don't think it'd really be worth my hassle... 2 boxes @ $500 * 1.5% = $7.50. While certainly every penny counts for me, as a starving graduate student, there's a limit to my free time. :) Maybe if I could get 3% or 5% out of it, I'd think it's more worthwhile, but since the Mint doesn't fall under any of the "special categories" for any of my credit cards, 1.5% is the best return I'd get. (I'm not counting any float from depositing the $500 into an interest-bearing account for the month grace period before I'd have to pay the CC bill... even at 4% APY, that float is worth only 0.33% = $1.67.) That said, for those of you who want to do it... have at it. :) In fact, I'm quite surprised we haven't heard from Marathon Man yet... ;) |
Very Interesting
I just placed my order. A painless way to get miles. Thanks!
|
If you value points at 8-10 CPM (J/F fares) and have a good card earning 1.5, then this is 15% ROI which is quite good :) too bad I live in Canada!
|
Originally Posted by MrHalliday
(Post 9871576)
...And reminds me of days when you could charge US Bonds to the AMEX !
I still have the 2 $5,000 savings bonds that I purchased back in 2002/2003, the DL miles I earned having long been spent on a memorable AF Concorde trip. I didn't plan to hold the bonds this long, but with the crash of the Internet and housing bubbles, those savings bonds (worth only about $12-13K now) weren't such a bad addition to my portfolio after all. :cool: |
Originally Posted by HeHateY
(Post 9871133)
Unfortunately:
"Orders are limited to two boxes ($500) per President." ) |
In for 2 boxes.
Anyone seing any other $1 coins avail for other than John Quincy Adams? Click here to view larger image |
If you go back to the product page and add more of the same item, you don't get the error message.
|
A scheme to exchange real currency for equally real currency in order to earn fake currency. Brilliant! :)
|
Originally Posted by chuckd
(Post 9872047)
True, but I don't see a limit on the number of orders.
|
Hmmm, tempting and I'll do one order, but is there a chance of getting "done" for money laundering?
|
All times are GMT -6. The time now is 11:40 pm. |
This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.