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

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

Old Jan 3, 2010, 8:51 am
  #7276  
 
Join Date: Apr 2005
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Originally Posted by Comicwoman
Coinstar charges nearly a 10% fee. The fee is waived if you have the coins go to a gift card...but you could have purchased that same gift card on a cc. There are some banks that have free counting machines. If you want to pay a fee to count your coins, just UPS them to me and I will do it for only 8%.
My bank doesn't even bother to breakdown my rolls or count the coins individually - at least while I'm there. Deposits take me all of 2 minutes.
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Old Jan 3, 2010, 10:04 pm
  #7277  
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Originally Posted by Happy
Who are you kidding, to term us being "collectors"?

These are circulating versions, there is no "collection value" so to speak
Have you actually seen any of these coins? It's quite obvious that the "circulation" they've undergone is precisely (1) remove from mint bags (2) put in rolls. (There's no way that actually circulated coins returned to the mint by banks would be separated by president.)

Show one to a dealer, and see how it would be graded. (If you want to learn even more, buy a bag of "uncirculated" coins and compare those. Chances are, they'll be in worse shape, from rubbing and hitting each other in the bag.)
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Old Jan 3, 2010, 10:05 pm
  #7278  
bdd
 
Join Date: Dec 2009
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Every time I stopped by the money counter as Caesars, I would exchange 10 coins for a $10 bill. When going to Bellagio, I did the same.

When leaving the Casino with all of my luggage on hand, I talked with the nice lady changing my 10 coins. I asked her what people do if they bring all of their lucky coins to gamble with and find out they're no longer accepted.

Well... she said they come there to exchange them. I said wow, then can I exchange my coins? She said of course. So I brought out 250 coins. She took a roll, went to the back to check if it was okay, and then exchanged them for $250 in bills.

I was able to exchange $350 or so in Caesars and Bellagio this weekend. And this was in the correct spirit of the original purpose set out by the Mint

Someone told me BILLS (?) across the street takes coins and spits out paper money too. I imagine they all charge convenience fees. I (like most people) do not want gift cards

I have $3k coins at home. I have ideas for them as well, but if I have more later, they'll be coming with me to older casinos next time I hit one up!!!
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Old Jan 4, 2010, 8:54 am
  #7279  
 
Join Date: Mar 2006
Location: Miami, FL, USA
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I have moved posts related to funding (generic) banks via CC to a new thread, which can be found at:

http://www.flyertalk.com/forum/miles...-deposits.html

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Old Jan 4, 2010, 9:57 am
  #7280  
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Originally Posted by sethb
Have you actually seen any of these coins? It's quite obvious that the "circulation" they've undergone is precisely (1) remove from mint bags (2) put in rolls. (There's no way that actually circulated coins returned to the mint by banks would be separated by president.)

Show one to a dealer, and see how it would be graded. (If you want to learn even more, buy a bag of "uncirculated" coins and compare those. Chances are, they'll be in worse shape, from rubbing and hitting each other in the bag.)
The $1 circulated coins are produced for circulation purpose, and in HUGE quantity - whether such purpose has been achieved, is another topic.

The quantity alone would make such coins even in mint condition, so to speak, not have any intrinsic value. Not to mention that such coins are still available at face value.

The collection value lies with the numismatic value. These coins are sold at face value, and in HUGE quantity - there is no numismatic value in it.

http://en.wikipedia.org/wiki/Numismatics

Last edited by Happy; Jan 4, 2010 at 10:46 am Reason: correct terminology used
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Old Jan 4, 2010, 10:23 am
  #7281  
 
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Intrinsic value would be melt value. Extrinsic value is face value or what a collector will pay. NOTE: some collectors are stupid, especially those on ebay.
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Old Jan 4, 2010, 10:40 am
  #7282  
 
Join Date: Apr 2005
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Looks like there are two issues of Native American $1 coins back up on the Mint website.

2 box limit for one of the issues, 20 box for the other.

I wonder how strictly they enforce that.
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Old Jan 4, 2010, 10:46 am
  #7283  
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Originally Posted by WRCSolberg
Looks like there are two issues of Native American $1 coins back up on the Mint website.

2 box limit for one of the issues, 20 box for the other.

I wonder how strictly they enforce that.
The two box per coin issue is certainly rare. It's described as, "2001 Circulating $1 Coin Direct Ship Rolls – Golden Dollars featuring Sacagawea – (SA1)"
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Old Jan 4, 2010, 10:49 am
  #7284  
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I am so annoyed by the slipping backorder date on the previous NA (pushed to 01/19 this morning), I canceled the 2 boxes ordered back on 12/21/09. We will travel in the latter part of January. The last thing I need is to have this shipment delivered while we are away.

Now they have a version that is initially issued in 2001?!

Is this a different design from the Agriculture one which features a Sacagawea woman?

Last edited by Happy; Jan 4, 2010 at 10:56 am
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Old Jan 4, 2010, 1:40 pm
  #7285  
 
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Wirelessly posted (BlackBerry8830/4.2.2 Profile/MIDP-2.0 Configuration/CLDC-1.1 VendorID/105)

The shipping fee didn't disappear for me today...no big deal (at $4.95), but anyway. (Might be for the better since it causes a non-round purchase price.)
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Old Jan 4, 2010, 1:54 pm
  #7286  
 
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Originally Posted by pawtim
Wirelessly posted (BlackBerry8830/4.2.2 Profile/MIDP-2.0 Configuration/CLDC-1.1 VendorID/105)

The shipping fee didn't disappear for me today...no big deal (at $4.95), but anyway. (Might be for the better since it causes a non-round purchase price.)
Worked fine for me today (12:30 pm PST). Disappeared on the page where you enter credit card info.
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Old Jan 4, 2010, 2:00 pm
  #7287  
 
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The 2010s are already backordered to 1/11. Who knows when they will actually ship.
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Old Jan 4, 2010, 2:45 pm
  #7288  
 
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Originally Posted by br1584
The 2010s are already backordered to 1/11. Who knows when they will actually ship.
This is one of the worse aspects of this program. Not knowing when thousands of dollars of coins is shipping can be disturbing. Suppose they ship when you're travelling? All that expensive metal floating around bothers me.
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Old Jan 4, 2010, 3:15 pm
  #7289  
 
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Originally Posted by Happy
Now they have a version that is initially issued in 2001?!

Is this a different design from the Agriculture one which features a Sacagawea woman?
The reverse is different. I have a 2000 and I think the 2001 is the same, the reverse has an eagle in flight and a few stars.

And oh yeah, she isn't "a Sacagawea woman," Sacagawea is the name of a specific individual who accompanied the Lewis and Clark expedition.

Last edited by Carl Johnson; Jan 4, 2010 at 4:18 pm
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Old Jan 4, 2010, 3:31 pm
  #7290  
 
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No more "direct deposit"?

What are fellow FTers thoughts on the new policy against "immediately" depositing the coins in the bank?

http://catalog.usmint.gov/webapp/wcs...category=16238
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