Buy Presidential Dollar Coins with CC @ Face Value, Free Shipping
Oct 11, 2010, 9:01 am
Join Date: Mar 2010
Location: ORD
Programs: HH Diamond, Hyatt Globalist, Bonvoy Platinum
Posts: 1,028
Oct 11, 2010, 12:18 pm
Join Date: May 2009
Location: USA
Programs: UAL 1MM, Marriott Plat, Hyatt Globalist, AA 3MM
Posts: 831
Oct 11, 2010, 1:16 pm
A FlyerTalk Posting Legend, Moderator, Information Desk, Ambassador, Alaska Airlines
Join Date: Dec 2006
Location: FAI
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Posts: 42,953
But I think this may be reducing their life, so I might use the boxes again... just don't want to draw too many questions
Oct 11, 2010, 1:51 pm
Suspended
Join Date: May 2010
Posts: 2,998
Oct 11, 2010, 2:26 pm
Join Date: Nov 2005
Posts: 199
Banks Won't Take Coins
Is anyone else having trouble finding a bank to take coins today?
Oct 11, 2010, 2:28 pm
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
Oct 11, 2010, 2:36 pm
Join Date: Jul 2004
Location: New York City
Programs: Starwood Platinum, AA Platinum
Posts: 114
I put three rolls of coins in the coin counting machine at TD bank today, I have done it several times in the past, with no problems. Anyway, the machine gets full in the middle of counting and they have to change out the bag. When the receipt came out it was 40 coins short - $35 vs. $75. They took my name and # and told me that they would let me know in a week whether they have an overage.
Needless to say, I won't be using their machines anymore.
Needless to say, I won't be using their machines anymore.
Oct 11, 2010, 2:58 pm
Join Date: Jun 2010
Programs: AA Plat,PC Plat, HHonors Gold
Posts: 904
I just deposited about 1900 coins in Chase and my slip says " Further review may result in delayed availability of this deposit". Anyone else got this message? Should I be worried?
Oct 11, 2010, 3:48 pm
Join Date: Jul 2008
Location: CLL
Programs: MS Plat, AOR ninja
Posts: 2,177
Oct 11, 2010, 5:27 pm
FlyerTalk Evangelist
Join Date: Dec 2004
Location: MSP
Programs: Fallen Plats, ex-WN CP, DYKWIW; still a Hilton Diamond & Club Cholula™ R.I.P. Super Plats
Posts: 25,415
I even use them to pay bills at banks, I just don't deposit them directly into my bank account. I've also used them to pay a couple $500+ medical bills from Luddites who won't take plastic, plus some smaller individual transactions, e.g. purchasing books from individuals. Probably 95% or more of what I've placed in "circulation" has ended at banks almost immediately.
Oct 11, 2010, 5:48 pm
FlyerTalk Evangelist
Join Date: Nov 2002
Location: BOS, MHT
Programs: AA ltg, B6, DL, UA, AS, SPG/Marriott Plt, HH, Hyatt
Posts: 10,052
No, but it is putting them in "circulation", which is in keeping with the spirit of the program.
I even use them to pay bills at banks, I just don't deposit them directly into my bank account. I've also used them to pay a couple $500+ medical bills from Luddites who won't take plastic, plus some smaller individual transactions, e.g. purchasing books from individuals. Probably 95% or more of what I've placed in "circulation" has ended at banks almost immediately.
I even use them to pay bills at banks, I just don't deposit them directly into my bank account. I've also used them to pay a couple $500+ medical bills from Luddites who won't take plastic, plus some smaller individual transactions, e.g. purchasing books from individuals. Probably 95% or more of what I've placed in "circulation" has ended at banks almost immediately.
A little girl standing next to us even wanted to trade for one too. She loved how gold it was. I used others in stores and booths that don't take plastic in that town.
MM
Oct 11, 2010, 6:08 pm
Join Date: May 2001
Location: RSW/FMY
Programs: All, but no status!
Posts: 754
I find it easiest to keep them wrapped up, and when I spend them, I peel down the wrapper like a roll of Lifesavers or Certs, just enough to remove the number of coins I need. I don't like the jingling sound loose coins make in my pockets, and i think individual coins are more prone to falling out of pockets when sitting.
Oct 11, 2010, 6:51 pm
A FlyerTalk Posting Legend, Moderator, Information Desk, Ambassador, Alaska Airlines
Join Date: Dec 2006
Location: FAI
Programs: AS MVP Gold100K, AS 1MM, Maika`i Card, AGR, HH Gold, Hertz PC, Marriott Titanium LTG, CO, 7H, BA, 8E
Posts: 42,953
I find it easiest to keep them wrapped up, and when I spend them, I peel down the wrapper like a roll of Lifesavers or Certs, just enough to remove the number of coins I need. I don't like the jingling sound loose coins make in my pockets, and i think individual coins are more prone to falling out of pockets when sitting.
Really sounds funny when running...
Oct 11, 2010, 6:59 pm
FlyerTalk Evangelist
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ok this is totally sick
I have a ski condo and we go up a lot but some friends or friends of friends sometimes wish to rent it.
I have a family who rented last year and wants enough nights to equal $1000+ (for FEB)
He joked to me that it's too bad I cant take CCs so he can get miles and was prepared to send his check. Then I told him he could send coins and he's already been doing them but just hadn't thought of it or hadn't imagined I would like to accept them as payment.
I said, sure! I mean I already bring them to the bank a few times a month anyway.
hahahaha I ACCEPT the coins now!
Who knew!
MM
I have a family who rented last year and wants enough nights to equal $1000+ (for FEB)
He joked to me that it's too bad I cant take CCs so he can get miles and was prepared to send his check. Then I told him he could send coins and he's already been doing them but just hadn't thought of it or hadn't imagined I would like to accept them as payment.
I said, sure! I mean I already bring them to the bank a few times a month anyway.
hahahaha I ACCEPT the coins now!
Who knew!
MM
Oct 11, 2010, 11:45 pm
Join Date: Feb 2001
Location: Oregon (DL and Marr Lifetime plat. etc.)
Posts: 1,273
Banks (especially larger banks) commonly assess fees for deposited coin and currency. This is often done through the "account analysis" process wherein a value is assigned to the balances and is used to offset some of the various fees. Trouble is, what with super low interest rates, the value of the balances isn't all that great these days. The fee may be in the range of 1% of the amount deposited, but can be significantly lower for high volume depositors such as retailers. In any event, such fees are unusual for consumers, but I wouldn't blame a bank for assessing such a fee to a consumer, especially if the coin deposits are large in comparison to the average balance.