Buy Presidential Dollar Coins with CC @ Face Value, Free Shipping
Jun 12, 08, 9:55 pm
#16
Formerly known as fsa_ea
Join Date: Dec 2004
Location: Up in the Air
Programs: DL PM/2M,AA PLT/2M,UA 1K/1M,AS 75k,LH FTV,AY PLT,IC RA,FMT LT PLT,HYT GLB,HLT DIA,MRT LT GLD,HRTZ PC
Posts: 2,185
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.)
(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!
Jun 12, 08, 10:02 pm
#17
A FlyerTalk Posting Legend
Join Date: Apr 2004
Location: GVA (Greater Vancouver Area)
Programs: DREAD Gold; UA 1.034MM; Bonvoy Au-197; PCC Elite+; CCC Elite+; MSC C-12; CWC Au-197; WoH Dis
Posts: 51,470
No, only six so far.
I believe it's a little more than that. IIRC, the president must have been dead for a period of time (two years?) before they'll release the coin.
If more than one dies before 2014, the coins will run into 2017. They don't list a release date for Reagan just because they don't know if he'll be the Q3 release (if Carter survives) or the Q4 release (if he doesn't).
Since I'm a bit of a collector, this is nice just because sometimes the convenient banks don't seem to have the coins.
I believe it's a little more than that. IIRC, the president must have been dead for a period of time (two years?) before they'll release the coin.
Since I'm a bit of a collector, this is nice just because sometimes the convenient banks don't seem to have the coins.
Jun 12, 08, 10:13 pm
#19
A FlyerTalk Posting Legend
Join Date: Apr 2004
Location: GVA (Greater Vancouver Area)
Programs: DREAD Gold; UA 1.034MM; Bonvoy Au-197; PCC Elite+; CCC Elite+; MSC C-12; CWC Au-197; WoH Dis
Posts: 51,470
Jun 12, 08, 10:19 pm
#20
Join Date: Oct 2003
Location: PDX/AUS
Programs: AA-UA-AS IHG-SPG-Carlson
Posts: 4,562
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.
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.
Jun 12, 08, 10:20 pm
#21
Join Date: Feb 2005
Location: Boulder, CO
Programs: UA, AA, WN; HH, MR, IHG
Posts: 7,054
Sure, but how are they limiting this? Per person, per household, per credit card? If per person, then you can order 2 boxes per member of your household... if per household, you can send one order to your work address, perhaps. But yes, it could be a bit difficult to get too many boxes.
Er... whoops!
I guess I misplaced a factor of 10 somewhere. Sorry!
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...
Er... whoops!
I guess I misplaced a factor of 10 somewhere. Sorry!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...
Jun 12, 08, 10:28 pm
#22
Join Date: Jun 2004
Programs: UA, AA, DL, Marriott, AK, HH, Hyatt,
Posts: 131
Very Interesting
I just placed my order. A painless way to get miles. Thanks!
Jun 12, 08, 11:11 pm
#23
Join Date: Apr 2005
Location: Toronto
Programs: AC 50K, SPG Lifetime Platinum, Fairmont Platinum
Posts: 2,087
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!
too bad I live in Canada!
Jun 13, 08, 12:32 am
#24
Join Date: Feb 1999
Location: San Jose, California, USA
Programs: AS 100K, UA MM, AA MM, IC Plat Amb, Marriott Gold, Hilton Gold, Hyatt Explorist
Posts: 3,139
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.
Jun 13, 08, 1:44 am
#26
Join Date: May 2003
Location: Slightly to the left of center
Posts: 3,475
In for 2 boxes.
Anyone seing any other $1 coins avail for other than John Quincy Adams?
Click here to view larger image
Anyone seing any other $1 coins avail for other than John Quincy Adams?
Click here to view larger image
Jun 13, 08, 1:52 am
#27
Join Date: Jul 2005
Location: PEK
Programs: A3*G, UA Gold EY Silver
Posts: 8,627
If you go back to the product page and add more of the same item, you don't get the error message.
Jun 13, 08, 2:03 am
#28
Join Date: Mar 2007
Location: ORD
Posts: 94
A scheme to exchange real currency for equally real currency in order to earn fake currency. Brilliant!
Jun 13, 08, 2:58 am
#30
Join Date: Apr 2005
Location: HKG/LHR/JFK
Programs: AA EXP, BAEC Bronze, DL Plat UA, HHonors Platinum, SPG Gold, Hyatt
Posts: 3,252
Hmmm, tempting and I'll do one order, but is there a chance of getting "done" for money laundering?
