Buy Presidential Dollar Coins with CC @ Face Value, Free Shipping
Dec 6, 2008, 7:05 am
#1231
Join Date: Jun 2008
Location: ORD
Programs: AA EXP / UA Lifetime Gold / Marriott Lifetime Plat / SPG Plat / Hyatt Diamond / HH Diamond / Avis CC
Posts: 483
I have accounts with Chase, Harris and TCF and none of them have given me any trouble accepting the coins. Just open another account somewhere else. Everyone offers free checking and they're all looking for new business. I got $125 bonus for the last one I opened
Dec 6, 2008, 9:43 am
#1232
Join Date: Sep 2004
Location: USA
Posts: 383
You could certainly sell it to your spouse via eBay and then your spouse could pocket the 30% MS-Live rebate. (I mentioned this idea a few posts back, with a link to more info.) You would have to pay a total of about 10% in eBay and Paypal fees, but obviously would come out ahead after the 30% rebate. Whether this would violate eBay/Paypal policies on money laundering, I don't know.
If you marked up the price of the coins enough to cover your eBay/Paypal fees and sold to a friend, you would both come out ahead, and I don't see how that would violate any Paypal rules.
If you marked up the price of the coins enough to cover your eBay/Paypal fees and sold to a friend, you would both come out ahead, and I don't see how that would violate any Paypal rules.
Dec 6, 2008, 1:26 pm
#1233
Join Date: Sep 2008
Location: Denver
Programs: Ex-HHonors Diamond (now nothing), former AA EXP
Posts: 425
It's gotta be a real bank...not a Credit Union
Well, that would work, but the idea was to make a quick deposit once I got them so that I could pay the bill. I do have the money in my account to pay the bill, but it's just the principle of the thing. I wanted to make this quick, easy and painless....but, I'll just have to see how my next trip to a bank works out.
I don't know how often I can/will do this.
Dec 7, 2008, 8:45 am
#1234
Original Member
Join Date: May 1998
Location: Central Pennsylvania
Programs: SPG/Marriott Lifetime Gold, Amtrak Guest Rewards, UA Silver
Posts: 536
No, I think it was just the credit union where you were trying to deposit the coins that caused you the problem. My main credit union is in Maryland. I do have an account with my wife at a credit union in Pennsylvania. I've deposited the dollar coins (in rolls) into my joint account CU in Pennsylvania, and in another Pennsylvania credit union that accepts deposits for my Maryland account. No problems in either place.
I'll be in Baltimore next week -- I'll actually deposit some in my main credit union!
I'll be in Baltimore next week -- I'll actually deposit some in my main credit union!
Dec 7, 2008, 3:01 pm
#1235
Join Date: Sep 2008
Location: Denver
Programs: Ex-HHonors Diamond (now nothing), former AA EXP
Posts: 425
Dec 10, 2008, 7:59 am
#1236
Join Date: May 2000
Location: Coppell, Texas
Posts: 1,014
The Mint is really mixed up. I ordered a bunch recently(I spend mine as that is the spirit of why they are issuing them) I was rejected because they said I ordered the limit of $500 per President. I doubt I have used $3500. I get rejected. So I order in my fathers name same street and my wifes name some rejected. Next thing you know they are showing up in cases. I guess I have a huge supply now.
Dec 17, 2008, 12:25 am
#1237
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
Dec 17, 2008, 7:50 am
#1238
Join Date: Dec 2004
Programs: UA-1K, MM, Hilton-Diamond, Marriott-Titanium
Posts: 4,432
This seems to be too good to be true
So, I think I am missing something. I went on the site and it looks like I can order 2 of each of the sets available. I did not go to the checkout but what is the max that can be ordered in one order? I would think if my cc limit covers it it could be ok to order 4K and and get 4K *wood points. I guess the only pain is going to the bank with them.
Cheers
Cheers
Dec 17, 2008, 10:05 am
#1239
A FlyerTalk Posting Legend
Join Date: Apr 2001
Location: PSM
Posts: 69,232
So, I think I am missing something. I went on the site and it looks like I can order 2 of each of the sets available. I did not go to the checkout but what is the max that can be ordered in one order? I would think if my cc limit covers it it could be ok to order 4K and and get 4K *wood points. I guess the only pain is going to the bank with them.
Cheers
Cheers
I picked up $1500 from the post office yesterday. That was a very heavy box.
And I am spending some of them to circulate them, but lots go back to the bank, too.
Dec 17, 2008, 10:48 am
#1240
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,760
So, I think I am missing something. I went on the site and it looks like I can order 2 of each of the sets available. I did not go to the checkout but what is the max that can be ordered in one order? I would think if my cc limit covers it it could be ok to order 4K and and get 4K *wood points. I guess the only pain is going to the bank with them.
Cheers
Cheers
At least 2 presidents editions - Monroe and JQA are out of stock for a long long time now.
Dec 17, 2008, 10:50 am
#1241
Join Date: Feb 2008
Location: CHS
Programs: Delta, AA, BA, United, Hyatt Globalist, Hilton Honors Diamond, SPG Marriott Gold, Sixt Platinum
Posts: 1,142
So, I think I am missing something. I went on the site and it looks like I can order 2 of each of the sets available. I did not go to the checkout but what is the max that can be ordered in one order? I would think if my cc limit covers it it could be ok to order 4K and and get 4K *wood points. I guess the only pain is going to the bank with them.
Cheers
Cheers
All bank tellers are not created equal, but mine at my local BofA, love to see me and my coins. about $5,000 so far between spouse and myself. I do all of the depositing. I was a little sheepish the first few times , then they told me , "we love to get the coins". Now I know that could change someday, if some bank supervisor asks " why do we have so many of these dollar coins?"
Although these deliveries now come in $500 at a time , I waite until I have $1,000 before I do a deposit.
The mint seems to be slowing down, at least in my case. It's now taking about two weeks . Origionally I saw a one week turn around as normal.
Dec 17, 2008, 11:12 am
#1242
Join Date: May 2003
Programs: AA (1MM), Marriott (LT Gold)
Posts: 1,766
I've heard of the godless error coins, but you are sitting on a gold mine if you have dollar coins of the same president that have two different mint mark years! Since I assume that is not the case, what did you mean by your comment?
Dec 17, 2008, 4:59 pm
#1243
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,760
The Mint has offered 2 different years of the same president, John Adams came to mind. You can FREELY order those when they are BOTH available, I know both years were available when I ordered $500 of one edition.
However I believe you can only get $500 of one president, per this program rule.
Dec 17, 2008, 5:42 pm
#1244
Join Date: May 2003
Programs: AA (1MM), Marriott (LT Gold)
Posts: 1,766
John Adams and John Quincy Adams are two different people and two different presidents.
Dec 17, 2008, 7:50 pm
#1245
FlyerTalk Evangelist
Join Date: Jul 2003
Location: Florida
Posts: 29,760