Buy Presidential Dollar Coins with CC @ Face Value, Free Shipping
Oct 8, 2009, 6:14 pm
#5146
FlyerTalk Evangelist
Join Date: Jul 2003
Posts: 11,377
Because when I'm done admiring my coinage, I can sell it to Cash4Gold or Good Ol' Tom.
I hear gold prices are the highest they've been in 20 years!
I'm about to make a whole lot of money.
I hear gold prices are the highest they've been in 20 years!
I'm about to make a whole lot of money.
Oct 8, 2009, 6:35 pm
#5147
Join Date: Mar 2007
Location: California, SMF
Programs: UA, AA, AS, DL, BA, HA, WN, SPG-PL, Hyatt-Dia, HH-Dia, Marr-Pl, US Mint/VR(retired)
Posts: 945
Ditto - I wouldn't feel too sorry for the credit card companies getting "taken" for points, miles or rewards.
Oct 8, 2009, 6:43 pm
#5148
In Memoriam, FlyerTalk Evangelist
Join Date: Jun 2000
Location: Benicia CA
Programs: Alaska MVP Gold 75K, AA 3.8MM, UA 1.1MM, enjoying the retired life
Posts: 31,849
Looks like two, but not quite mainstream media. They're not sites I would check like the New York Times or AP wire. No others interested?
Oct 8, 2009, 6:58 pm
#5149
Join Date: Aug 2009
Location: LAX
Programs: UA GS, 1MM, SPG Platinum
Posts: 145
Do these articles worry anyone? I worry only because one article said they called the mint and the mint had no idea this was happening...
Have articles come out in the past about this?
Have articles come out in the past about this?
Oct 8, 2009, 7:03 pm
#5150
Join Date: May 2003
Location: CA
Programs: AA Lifetime Gold, HHonors Diamond
Posts: 2,879
Just because they called the mint does not mean that they reached anyone that will investigate and do anything.
Oct 8, 2009, 7:12 pm
#5151
FlyerTalk Evangelist
Join Date: Jul 2003
Posts: 11,377
"We don't really ask about why you're buying a coin from us," she explained. "People are free to do with their coins what they wish."
Viewed at a macro level, the program is indeed stupid, but that stupidity derives from the US Congress.
Oct 8, 2009, 7:34 pm
#5152
Join Date: May 2003
Location: CA
Programs: AA Lifetime Gold, HHonors Diamond
Posts: 2,879
The PR response is very much "we don't know, want to know, or care"--\
The Mint is forced to produce these coins. By selling them, they no longer have to figure out how to store them. Shipping and CC fees are probably less than storage costs.
Viewed at a macro level, the program is indeed stupid, but that stupidity derives from the US Congress.
The Mint is forced to produce these coins. By selling them, they no longer have to figure out how to store them. Shipping and CC fees are probably less than storage costs.
Viewed at a macro level, the program is indeed stupid, but that stupidity derives from the US Congress.
Oct 8, 2009, 8:11 pm
#5153
Join Date: Mar 2007
Location: ABQ & RNO
Programs: AA EXP 4MM, Piper Dakota, Admirals Club, Hyatt Glob, Hilton Gold, Wyndham Diamond
Posts: 1,421
Yawn....
Oct 8, 2009, 8:31 pm
#5154
Join Date: Jun 2004
Location: Midwest
Programs: AA Advantage Platinum, United 1K, Marriott Rewards Platinum, Hilton Honors Diamond
Posts: 395
Yes your right Ha Ha! I leave next Wednesday on a 2 week trip to Tahiti. First class airline tickets and over the water bungalows on Moorea and Bora Bora at no cost to me, because of the coin programs at the US Mint.
This program has stood up to the scrutiny of credit card companies and the mint itself for sometime. Also, it has been reported in the media long before you became invoved. (June 18, 2008) Just because your disgruntled, the program will not end. It will end when the US Mint decides to end it.
Cheers!
This program has stood up to the scrutiny of credit card companies and the mint itself for sometime. Also, it has been reported in the media long before you became invoved. (June 18, 2008) Just because your disgruntled, the program will not end. It will end when the US Mint decides to end it.
Cheers!
Oct 8, 2009, 8:43 pm
#5155
Join Date: May 2001
Location: RSW/FMY
Programs: All, but no status!
Posts: 754
Wirelessly posted (BlackBerry8830/4.2.2 Profile/MIDP-2.0 Configuration/CLDC-1.1 VendorID/105)
That's awesome. Have a fun trip!
Originally Posted by ejs621
Yes your right Ha Ha! I leave next Wednesday on a 2 week trip to Tahiti. First class airline tickets and over the water bungalows on Moorea and Bora Bora at no cost to me, because of the coin programs at the US Mint.
This program has stood up to the scrutiny of credit card companies and the mint itself for sometime. Also, it has been reported in the media long before you became invoved. (June 18, 2008) Just because your disgruntled, the program will not end. It will end when the US Mint decides to end it.
Cheers!
This program has stood up to the scrutiny of credit card companies and the mint itself for sometime. Also, it has been reported in the media long before you became invoved. (June 18, 2008) Just because your disgruntled, the program will not end. It will end when the US Mint decides to end it.
Cheers!
Oct 8, 2009, 9:16 pm
#5156
Join Date: Mar 2007
Location: On the road
Programs: Too many to list
Posts: 1,051
Please tell me those aren't ICs and you didn't use your Priority Club visa to buy coins from the mint. With that tiny 1PC pt/$1 that would be doing in the extremely hard way.
Oct 8, 2009, 9:33 pm
#5157
Join Date: Sep 2009
Posts: 144
The problem is that the more "publicity" there is the more chance the GAO or some of the watch dog sites will pay attention to the information. Posting pictures and ways to buy tens of thousands of dollars a week of coins will get someone interested. And it is not whom you want interested.
Oct 8, 2009, 9:34 pm
#5158
Join Date: Jun 2004
Location: Midwest
Programs: AA Advantage Platinum, United 1K, Marriott Rewards Platinum, Hilton Honors Diamond
Posts: 395
I am sure you can figure out what airline and hotel chain.
Cheers!
Oct 8, 2009, 9:36 pm
#5159
Join Date: May 2004
Posts: 2,438
Has anyone bought money orders from the USPS with these yet, just wondering how it went.
Oct 8, 2009, 9:42 pm
#5160
FlyerTalk Evangelist
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,028
That MainStreet article is pathetic. Here's the paragraph Consumerist quoted:
Credit card companies? They win - that's been discussed here plenty.
$20 for a few minutes of effort? Takes a bit longer.
ALSO getting points or air miles? Show me the card with a 2% reward AND miles or points.
Here's the full article link:
http://www.mainstreet.com/article/sm...am-scam?page=1
Net result? If you bought $1,000 in coins on your card and then immediately paid it all off, assuming you have 2% cash back, this means you just made $20 or more for only a few minutes of effort. In addition to that, you might also have accrued 1,000 points or air miles. The Mint gets its new coins in circulation, and you get a sweet reward -- everyone wins, except the credit card company (that's a change, isn't it).
$20 for a few minutes of effort? Takes a bit longer.
ALSO getting points or air miles? Show me the card with a 2% reward AND miles or points.
Here's the full article link:
http://www.mainstreet.com/article/sm...am-scam?page=1