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Replies: 18 / Views: 3,022 |
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Pillar of the Community
United States
4867 Posts |
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Bedrock of the Community
United States
12437 Posts |
LOL, that would be because of this. People being that blatant screw it up for everyone 
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Valued Member
United States
168 Posts |
Wow... but just about everyone tries to find loopholes or shortcuts when given the advantage.
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Pillar of the Community
United States
2734 Posts |
Better use your debit card, or your Direct Ship coins will be charged as a cash advance instead of as a purchase!   One of my local car wash owners who was buying Direct Ship coins, is now buying the Dollar coins from the Denver Mint (as I do). I couldn't help but notice this, when his change machine gave me twenty untouched BU Zachary Taylor-D Dollars last Friday! That's too bad, because I got a few BU 2009-P Native American dollarsfrom his changers in months past...
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Valued Member
United States
265 Posts |
Will they be doing the America the Beautiful Series the same way? I have been unable to find squat this year marked with 2009 and I would like to do better next year!
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Valued Member
Canada
464 Posts |
Doesn't this do more harm then good? Who wants to buys coins and have them show up as cash advances? When you take a cash advance on a credit card, they charge you daily interest from the day you take out money, until the day you pay it off. Once customers get smacked with interest payments, I highly doubt they will ever shop at the U.S. mint again. I know I wouldn't.
Why don't they do something like charging the household limit, and charge shipping for every item above the limit? There must be an easier way of doing this... It sounds like the credit card companies have twisted the U.S. mint's arm into doing this.
Edited by gawd0wns 12/16/2009 10:05 pm
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Pillar of the Community
United States
2734 Posts |
Quote: erwindoc: I have been unable to find squat this year marked with 2009... At the rate things are going, the Mint should directly sell rolls of all of their business strike coins. For example: All of the 2009-D Nickels are (apparently) still sitting in the Federal Reserve. Why not wrap them all up and sell them for $3 or $4 a roll on the Mint's website? The Mint would make a nice profit and collectors would get the coins. Yeah, I know, this idea makes too much sense !  The Mint could also set up to take Paypal for the Dollar coins... (there I go making too much sense again!)
Edited by DNA 12/18/2009 10:24 am
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Moderator
 United States
188213 Posts |
I like your thinking, DNA!  I might not pay $8.95 for a roll of cents, but I can see myself (contemplating at least) buying a roll of nickels for three or four dollars.
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Pillar of the Community
United States
6326 Posts |
Quote: JB.... I might not pay $8.95 for a roll of cents..... That was $8.95 for TWO rolls of Cents....... not just one ! ..  .. And "I" did pay it...  .. (plus shipping and handling) ...  ... four different times throughout this year....  It appears that my "coin wisdom" and my "sense" for "Cents" is still an ever evolving process mired in it's infancy, that I'm reminded of quite frequently !!What's that over there ? ......... Excuse me...... I see a shiny object over there distracting me ....maybe I can go buy it..... 
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Pillar of the Community
United States
1283 Posts |
Quote: What's that over there ? ......... Excuse me...... I see a shiny object over there distracting me ....maybe I can go buy it..... I love it!  You don't mind if I make that my signature do you?
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Pillar of the Community
United States
2589 Posts |
whats the source for the fact that they now show up as cash advances? I tried looking on the mint's website, but couldnt find any info about them being charged as cash advances on credit cards? -XoG
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Valued Member
Canada
464 Posts |
The article pasted above states, Quote: As a final method of preventing abuses of the program, the US Mint has also changed the way that purchases through the program are recognized by credit card processors. According to this article from the LA Times, the purchases are now recorded as cash advances, which typically do not earn rewards. They are citing this LA Times article: http://www.latimes.com/business/la-...193113.story
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Moderator
 United States
188213 Posts |
Quote:That was $8.95 for TWO rolls of Cents....... not just one ! ..  .. And "I" did pay it...  .. (plus shipping and handling) ...  ... four different times throughout this year....   Okay, I will correct myself... I would not pay $4.48 (plus shipping) for a roll of cents, but I might pay $4.00 for a roll of nickels.  For the record, I might have paid $4 (shipped) for the pair of cent rolls. 
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Pillar of the Community
United States
2734 Posts |
I thought $8.95 was 'too much' for the Mint-Wrapped LP1 Cents, so I bought only one Set. I was hoping that they'd be 95% Copper, for that price. I've seen the LP1 Mint Roll boxes go for up to $100 on ebay...  
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Pillar of the Community
United States
2589 Posts |
hmm, ill have to test that cash advance theory when the new 2010's come out
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Pillar of the Community
 United States
4867 Posts |
Does the mint accept a debit card? That way its just coming from your checking account and not being charged to a credit card.
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Replies: 18 / Views: 3,022 |