Currently, you can order either $250 or $500 in John Quincy Adams Dollar Coins from the US Mint at FACE VALUE, with FREE SHIPPING AND HANDLING and pay with any major credit card.
The purpose of this is to help promote circulation of these dollar coins as there is an unwillingness of many banks to provide them to business customers free of charge.
As a coin collector, I had a tough time writing the title for this thread. I didn't want to state the obvious benefit of this deal, but I know that it's the only reason why it would appeal the FW Finance Crowd. If someone really needs it to be said, someone else can explain it down below. Personally, I posted because I hope some of you actually spend some rather than taking them straight to the bank.
Note: You must choose standard shipping during the order process and the shipping charge will revert to $0.00 at the final confirmation screen before your order is submitted.
Thanks uutxx and workindev for fixing the link, I updated mine also.
You can order up to $500 of each president. Currently there are four available.
Credit goes to CPLDBAKKE for pointing it out.
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Update 02/19/2009
Just read the Quicksummary, you guys are doing an awesome job of updating it. Not sure why all the newbies keep asking questions that are clearly answered there.
Keep up the good work.
Message edited by: gatzdon on 2009-02-19 07:55:02 CST
For those who wish to ahem...abuse this offer, one can use a credit card and get an easy $500 charged to earn around $10 in rewards on something that any bank will give cash for. /obvious
dougneb said:......How much does $500 in Dollar Coins weigh? They are going to give me some strange looks when I deposit these.
$500 should weigh about 9 lbs with packaging (depending on how much protection they give the coins.
$500 should be pretty easy to spend. Most self serve checkouts and vending machines take them, also post office machines if they haven't taken yours out yet.
Other possibilities are = Pay at the drive-thru window. = Pay for gas. = Use them for tips. = Any small purchase.
It looks like they ship via FedEx - and they'll reimburse you if it never arrives.
Orders are limited to two boxes ($500) per President.
Are there more Presidents available besides JQA?
The US Mint does have it's quirks, but I've known people that have returned the same proof sets over and over and over (repeat to infinity) until they get their perfect PR-70 coins.
Don't know if the mint limits per credit card, address, name, etc... Since I don't want to risk getting blacklisted, I'm not interesting in verifying this empirically.
I personally hope they continue this for all future presidential releases.
iSeller said:For those who wish to ahem...abuse this offer, one can use a credit card and get an easy $500 charged to earn around $10 in rewards on something that any bank will give cash for. /obvious
You call that abuse? $500?? I've got a 5% Citi Cash returns card. Soon I'll have all the JQA dollars! I wonder if it will cost extra to mail them in to pay my credit card bill?
gatzdon said:Currently, you can order either $250 or $500 in John Quincy Adams Dollar Coins from the US Mint at FACE VALUE, with FREE SHIPPING AND HANDLING and pay with any major credit card.
The purpose of this is to help promote circulation of these dollar coins as there is an unwillingness of many banks to provide them to business customers free of charge.
As a coin collector, I had a tough time writing the title for this thread. I didn't want to state the obvious benefit of this deal, but I know that it's the only reason why it would appeal the FW Finance Crowd. If someone really needs it to be said, someone else can explain it down below. Personally, I posted because I hope some of you actually spend some rather than taking them straight to the bank.
Note: You must choose standard shipping during the order process and the shipping charge will revert to $0.00 at the final confirmation screen before your order is submitted.
Thanks uutxx and workindev for fixing the link, I updated mine also.
I tried to order this, but they did want to charge for about $5 in shipping. Did I do something wrong or is the free shipping deal over?
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