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Amex: Effective January 15, 2021, the definition of a cash advance will now include “precious metal coins or bullion.” However, as of July 2021, this does not seem to be enforced.

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« Last edited by yos9694 on August 18, 2021, 01:46:13 PM »

Author Topic: New Coin Deal  (Read 1228802 times)

Online Yo ssi

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Re: New Coin Deal
« Reply #5300 on: March 09, 2021, 01:33:59 PM »
Only AMEX? how about Chase?
This change is with Amex.
Does this mean you need to pay interest on it right away, like a true cash advance?
If I understood correctly, yes.
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Offline normathej

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Re: New Coin Deal
« Reply #5301 on: March 09, 2021, 01:37:33 PM »
This change is with Amex.If I understood correctly, yes.

That's significant.  Thanks for the heads up.

Offline jew

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Re: New Coin Deal
« Reply #5302 on: March 09, 2021, 01:48:07 PM »

People here doing thru him? No $10k profits this time?

Offline tov hashem

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Re: New Coin Deal
« Reply #5303 on: March 09, 2021, 02:06:38 PM »
Is reaching SUB threshold, through mint a bad idea? Talking about CHASE BARCLAYS CITI BOA?

Offline myi

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Re: New Coin Deal
« Reply #5304 on: March 09, 2021, 04:48:36 PM »
This change is with Amex.If I understood correctly, yes.
I'm sure there's some confirmed reports.
Quote
Need your LG Exalt fixed? Cracked in half? Water damage? Or parts to repair yourself. 347.201.2501

Offline jackst

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Re: New Coin Deal
« Reply #5305 on: March 09, 2021, 05:37:44 PM »
what is the profit margin expected to be this time and for which coins

Offline Shmulie

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Re: New Coin Deal
« Reply #5306 on: March 09, 2021, 05:40:11 PM »
what is the profit margin expected to be this time and for which coins

Anyone get offers other than PFS's?

Offline coffeebean

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Re: New Coin Deal
« Reply #5307 on: March 09, 2021, 09:37:47 PM »
Anyone get offers other than PFS's?
YRCW posted it

Offline myi

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Re: New Coin Deal
« Reply #5308 on: March 09, 2021, 10:11:38 PM »
Anyone get offers other than PFS's?
DCL same offer.

YRCW posted it
Link for that?
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Offline sddd

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Re: New Coin Deal
« Reply #5309 on: March 09, 2021, 10:16:23 PM »
what is the profit margin expected to be this time and for which coins

profit margin expected = PFS offer * 2.763199

Offline jackst

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Re: New Coin Deal
« Reply #5310 on: March 09, 2021, 10:20:44 PM »
thanks for doing the math I wanted to know what the profit margin is expected to be on the market... without pfs

Offline myi

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Re: New Coin Deal
« Reply #5311 on: March 09, 2021, 10:28:17 PM »
Didn't verify this but...

Quote
Pinehurst quote via email:

American Eagle 2021 Gold Proof Four-Coin Set 21EF (Mint Issue +$475)
American Eagle 2021 One Ounce Gold Proof Coin 21EB (Mint Issue +$250)
American Eagle 2021 One-Half Ounce Gold Proof Coin 21EC (Mint Issue +$125)
American Eagle 2021 One-Quarter Ounce Gold Proof Coin 21ED (Mint Issue +$65)
American Eagle 2021 One-Tenth Ounce Gold Proof Coin 21EE (Mint Issue +$35)
Quote
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Offline mushkovits

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Re: New Coin Deal
« Reply #5312 on: March 09, 2021, 10:29:22 PM »
profit margin expected = PFS offer * 2.763199
More risk = more return
PFS guarantees their price even if price falls

Offline Joel

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Re: New Coin Deal
« Reply #5313 on: March 09, 2021, 10:29:53 PM »
thanks for doing the math I wanted to know what the profit margin is expected to be on the market... without pfs
That's like asking what tomorrow gas price will be lol

Offline myi

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Re: New Coin Deal
« Reply #5314 on: March 10, 2021, 12:14:06 AM »
Didn't verify this but...
JUst verified.
Quote
Need your LG Exalt fixed? Cracked in half? Water damage? Or parts to repair yourself. 347.201.2501

Offline mod

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Re: New Coin Deal
« Reply #5315 on: March 10, 2021, 06:35:47 AM »
JUst verified.
Available to everyone?

Offline coffeebean

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Re: New Coin Deal
« Reply #5316 on: March 10, 2021, 08:37:35 AM »

Offline Joel

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Re: New Coin Deal
« Reply #5317 on: March 10, 2021, 08:40:57 AM »
There are a few releases tomorrow, which one exactly?
All of them.

Offline Agoldsc1

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Re: New Coin Deal
« Reply #5318 on: March 10, 2021, 09:36:03 AM »
So I understand that using an Amex to buy these coins is a bad idea since it’s considered a cash advance.

Does anyone have verified info about how these purchases code with Chase?

Offline Joel

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Re: New Coin Deal
« Reply #5319 on: March 10, 2021, 09:37:42 AM »
So I understand that using an Amex to buy these coins is a bad idea since it’s considered a cash advance.

Does anyone have verified info about how these purchases code with Chase?
Used Chase in Feb without any issue