Author Topic: Dollar Coins from US Mint at face value with Free Shipping  (Read 92058 times)

Offline Cholentfresser

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #150 on: June 08, 2010, 07:49:28 AM »
I have never bought coins before and am just afraid of the strange responses I will get, whether it is from Walmart or bank tellers.
What's there to be afraid of? Dan said he took the coins to Chase bank and they didn't have any problem with it whatsoever.
and besides, who cares what people's reactions are? we're on a mission: get the most miles you can, don't let such things get in the way...
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Offline Avid Reader

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #151 on: June 08, 2010, 09:07:41 AM »
It happened about 2 months ago. The FR was about a week or two after ordering the coins.

About a year ago I purchased 10k from the mint on my Amex in one shot. I called Amex and let them know there was a large purchase coming through. They said fine, didn't even bother asking details like the dollar amount or from whom - like chase and others do - and it all went through smooth. This was about a year or so after I got FR'd, so could be they knew my story and didnt think I was risky.

By the way, my FR came just after I applied for the Starwood Biz for the second (and last) time. I've seen others saying the same happened with them.

Offline Avid Reader

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #152 on: June 08, 2010, 09:13:59 AM »
What's there to be afraid of? Dan said he took the coins to Chase bank and they didn't have any problem with it whatsoever.

I got a notice from Chase some time ago that they will be charging for depositing coins by the bag. Anyone else get this?

Offline kc1544

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #153 on: June 08, 2010, 04:32:24 PM »
i was talking to someone about this coin deal and he mentioned that it is money laundring. does anyone know the legal prespective on this?

Offline Dan

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #154 on: June 08, 2010, 04:34:17 PM »
It's only money laundering if you have dirty money.
There's nothing illegal about it, and if you're asked just tell the truth like I did.
I'm just trying to get back to Hawaii in First Class!
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline MarkS

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #155 on: June 08, 2010, 05:08:39 PM »
Wikipedia defines money laundering as:

'the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money.'

Usually people who refer to things like this as $ laundering have no idea what they are talking about!

Offline Chaikel

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Mint Questions
« Reply #156 on: June 24, 2010, 08:37:37 AM »
I thought I saw this disscussed, but I've searched and can't find it. Two questions.

1. Dan (or anyone else from Cleveland), which banks are not giving you  any problems depositing the coins?

2. Is there a B&M bank in which I can pay my *W. (And just dump the coins on them)
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Offline aussiebochur

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Re: Mint Questions
« Reply #157 on: June 24, 2010, 09:02:32 AM »
I doubt anyone would post on the forums which banks are accepting coins because very quickly they no longer will.
If you want to have any chance try PMing someone. No guarantees they'll answer, but worth a try.

Offline Cholentfresser

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Re: Mint Questions
« Reply #158 on: June 24, 2010, 09:40:05 AM »
dan posted way back that chase had no issue whatsoever.

there's also TD bank which has a coin machine. u just put all the coims thru, go to the teller and they give u cash or u can deposit it. they don't take any percentage and its free even if u don't have an account with them (although they'll try to convince u to get one).
they have great hours, they r open very late, and they r open on sundays.
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Offline yjoffre

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US mint -update-
« Reply #159 on: June 25, 2010, 12:41:53 PM »
does anyone have any updates on the US mint starwood deal? is it still going? has anyone encountered any road blocks, limits, legal issues, etc.? please advise thank you.

Offline MarkS

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #160 on: June 26, 2010, 10:03:35 PM »
Still works fine, but many people are getting FR'd by amex after ordering...

Offline Club2000

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #161 on: July 02, 2010, 03:36:34 PM »
I made an order of 8 box (same coin) what are my chances to get it? the order went trough dos it mean anything?

Offline MarkS

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #162 on: July 02, 2010, 04:42:21 PM »
I made an order of 8 box (same coin) what are my chances to get it? the order went trough dos it mean anything?

There is a limit of 4 boxes per 'household'. The order went through but will probably be cancelled in a day or two.

Offline Club2000

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #163 on: July 08, 2010, 11:30:27 PM »
ANDREW JACKSON $250 BOX $1 COINS          8     $250.00         $2,000.00        8 units backordered. Expected to ship on 06/28/2010.

this is the message I have when I track my order
how long it could take to come ??
they dont provide any tracking number???!!!

Offline BrooklynCPA

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #164 on: July 09, 2010, 12:03:22 PM »
The point of the US Mint program is to get the coins into circulation. I know that Walmart does money orders for 60 cents. I wanted to take $1,000 of coins to Walmart and get a money order. Then I can deposit the money order in my bank and pay my cc. That way I am complying with the program and not direct depostiting the coins. Besides, if I went to several stores to get m.o. then maybe I wouldn't get the hassle with the bank or strange looks.

I have never bought coins before and am just afraid of the strange responses I will get, whether it is from Walmart or bank tellers.

Did you try taking it to Walmart?? If yes, were you successful?