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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 524445 times)

Offline sbyp2020

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Re: New Coin Deal
« Reply #6020 on: July 29, 2021, 01:37:20 PM »
got confirmation email at 12:00 on the button also! hope the site stays this good for all future sales
Ein Ode Milvado!

Offline sbyp2020

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Re: New Coin Deal
« Reply #6021 on: July 29, 2021, 01:38:29 PM »
am i the only one who remembers seeing here that amex announced it will count mint orders for CA? def remember getting letter saying this for my amex delta card...
Ein Ode Milvado!

Offline MoYS

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Re: New Coin Deal
« Reply #6022 on: July 29, 2021, 01:38:41 PM »
its 6k minus the 5100 paid so only 900 or so profit minus the fees on the entire purchase and the seller makes same 500 or so
fees are not that much IIRC its 9% and they cap at $50. and there are many going for more than 6k.
Im selling locally, but just putting it out there

Offline Yehudaa

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Re: New Coin Deal
« Reply #6023 on: July 29, 2021, 01:40:04 PM »
am i the only one who remembers seeing here that amex announced it will count mint orders for CA? def remember getting letter saying this for my amex delta card...
Look upthread. This has been discussed a few times in the last day or two.

Offline sbyp2020

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Re: New Coin Deal
« Reply #6024 on: July 29, 2021, 01:40:09 PM »
Precious Metal Coins and Bullion If you are a coin collector and make purchases directly from the U.S. Mint, purchases made with an American Express card will count as a cash advance (effective Jan 15, 2021). Amex Cash Advance Fees
American Express Expands Cash Advance Terms — AskSebby
www.asksebby.com/blog/american-express-expands-cash-advance-terms
thats from google search
Ein Ode Milvado!

Offline Euclid

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Re: New Coin Deal
« Reply #6025 on: July 29, 2021, 01:40:32 PM »
PSA: An order acknowledgement email isn't the same as a confirmation email.

I highly doubt anyone has a confirmation email yet.

Offline sbyp2020

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Re: New Coin Deal
« Reply #6026 on: July 29, 2021, 01:40:59 PM »
Look upthread. This has been discussed a few times in the last day or two.
i meant from months ago that they changed their terms.... happy 2 see ppl had good exp recently tho
Ein Ode Milvado!

Offline myi

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Re: New Coin Deal
« Reply #6027 on: July 29, 2021, 01:41:18 PM »
fees are not that much IIRC its 9% and they cap at $50. and there are many going for more than 6k.
Im selling locally, but just putting it out there
eBay sellers account?
Don't try to be someone else , be who you are because everyone else is taken.

Offline ttn

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Re: New Coin Deal
« Reply #6028 on: July 29, 2021, 01:41:27 PM »
I highly doubt anyone has a confirmation email yet.
I got 2 already

Offline herb

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Re: New Coin Deal
« Reply #6029 on: July 29, 2021, 01:41:38 PM »
I highly doubt anyone has a confirmation email yet.
I got @ 103

Offline WhiteWolf

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Re: New Coin Deal
« Reply #6030 on: July 29, 2021, 01:42:01 PM »
I highly doubt anyone has a confirmation email yet.

Just got 2 confirmation emails!

Offline Yehudaa

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Re: New Coin Deal
« Reply #6031 on: July 29, 2021, 02:01:48 PM »
Got my order acknowledgement for the 4-coin set at 12:02 pm, confirmation at 1:56 pm .

Offline Euclid

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Re: New Coin Deal
« Reply #6032 on: July 29, 2021, 02:25:51 PM »
Just got 2 confirmation emails!
Same :)

Offline User6669

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Re: New Coin Deal
« Reply #6033 on: July 29, 2021, 02:36:28 PM »
Precious Metal Coins and Bullion If you are a coin collector and make purchases directly from the U.S. Mint, purchases made with an American Express card will count as a cash advance (effective Jan 15, 2021). Amex Cash Advance Fees
American Express Expands Cash Advance Terms — AskSebby
www.asksebby.com/blog/american-express-expands-cash-advance-terms
thats from google search
Used Amex for last weeks coin, and this wasn't the case. I don't they're enforcing it yet.
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Offline sbyp2020

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Re: New Coin Deal
« Reply #6034 on: July 29, 2021, 02:40:13 PM »
maybe occasional purchases from the mint doesnt constitute a coin dealer... just chatted w amex and they said it doesnt count
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Offline ExGingi

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Re: New Coin Deal
« Reply #6035 on: July 29, 2021, 02:45:39 PM »
Set + 1oz confirmed.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline Deal Guy

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Re: New Coin Deal
« Reply #6036 on: July 29, 2021, 02:56:29 PM »
Was the coin available to both ship immediately and also backorder for November?
I'm trying to figure out why my order said it will ship in November.

Offline sbyp2020

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Re: New Coin Deal
« Reply #6037 on: July 29, 2021, 03:00:58 PM »
Was the coin available to both ship immediately and also backorder for November?
I'm trying to figure out why my order said it will ship in November.
whatever it is dont cancel it you have nothing but $5 shipping charge invested in it and profit will be at least $100 prob more even if price drops later
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Offline MoYS

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Re: New Coin Deal
« Reply #6038 on: July 29, 2021, 03:17:50 PM »
whatever it is dont cancel it you have nothing but $5 shipping charge invested in it and profit will be at least $100 prob more even if price drops later
What about the 5k, if its backordered it doesnt charge until shipping?

Offline User6669

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Re: New Coin Deal
« Reply #6039 on: July 29, 2021, 03:19:30 PM »
1/10 oz. just went oos 10-15 min. ago.
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