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Order Dollar Coins from US Mint at Face Value with Free Shipping (Alive!) in: Subjects › Deal

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Technologist said:Recently heard in ANY local strip club

Stripper: So, you like what you see???

Tech (I mean patron): sure do.... hey I got something for you here (pointing at pocket)!

Stripper: PERV!!!

Tech (I mean patron): Hey wait, no, its a tip for you!!!

Stripper: I'm calling the bouncer... Sure, a "tip" plus whtever is attached to it!

Tech (I mean patron): No, really... Its a roll of JQA dollars... I'm helping the government CIRCULATE them!!!! Where you want me to put them???

<< Sound of a hand SMACKING soft facial tissue!!! >>

It would be much safer to simply tip by dropping them in her Coin Slot.


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Using this to get a free 500 miles. Thanks OP


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Or you can sell them on eBay.

Who would pay more than $25 for them?


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This is also good for my Citbank Professional card which is currenty offering me 0% on purchases.

Basically it's a no-fee cash advance delivered right to your door.

Message edited by: bksavings on 2008-06-13 09:00:12 CDT
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The Mint is trying to unload depreciating dollars to buy Euros.


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bksavings said:Or you can sell them on eBay.

Who would pay more than $25 for them?

You'd have to sell them for about $28-30 to cover the eBay and PayPal fees ... me thinks


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TheGMan said:
But were the terms the same for the spouse coins as they are for JQA? I see 2 boxes per President/per order, but nothing about a per person or an order limit.


good point. has anybody bought more than 2 boxes in different orders? i don't see anything wrong. i could do this a couple dozen times.


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hdpq said:bksavings said:Or you can sell them on eBay.

Who would pay more than $25 for them?


You'd have to sell them for about $28-30 to cover the eBay and PayPal fees ... me thinks

You mean like like this?

You can also add whatever shipping and "handling" charges you want to the auction to cover that.


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bksavings said:Or you can sell them on eBay.

Who would pay more than $25 for them?

This auction is for uncirculated coins. This deal is for circulated condition coins.

Szymon


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workindev said:One potential wrinkle to this plan is that many banks will charge a 10% - 15% fee for coin deposits, and some won't even accept coins in rolls because they have to use their own coin counting machine to verify the quantity.

Make sure your bank will allow this deposit first, or be prepared to be spending a lot of $1 coins in the coming weeks.

What bank is this? Sounds like something BOA would do. Worst place I have ever banked, but I like their credit cards.


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szymon said:.......This auction is for uncirculated coins. This deal is for circulated condition coins.

Szymon

I can pretty much guarantee you are getting uncirculated coins. Dollar Coins from circulation are almost never shipped back to the mint. If they are, it's to be melted. Furthermore, there is no effort to segregate small dollar coins (Susan B Anthony, Sacagawea, Presidential, etc...). There is no way to automate the sorting of John Quincy Adams Dollars from any other small manganese brass dollar coins.


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bksavings said:hdpq said:bksavings said:Or you can sell them on eBay.

Who would pay more than $25 for them?


You'd have to sell them for about $28-30 to cover the eBay and PayPal fees ... me thinks


You mean like like this?

You can also add whatever shipping and "handling" charges you want to the auction to cover that.

You may also notice that the auction linked is John Adams (2nd Pres) the mint offer is for John Quincy Adams (6th Pres) as i understand it, the washington and adams (1st and 2nd) issues had a higher rate of errors and some may find additonal value in those unopened rolls.


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dougneb said:workindev said:One potential wrinkle to this plan is that many banks will charge a 10% - 15% fee for coin deposits, and some won't even accept coins in rolls because they have to use their own coin counting machine to verify the quantity.

Make sure your bank will allow this deposit first, or be prepared to be spending a lot of $1 coins in the coming weeks.


What bank is this? Sounds like something BOA would do. Worst place I have ever banked, but I like their credit cards.
I've heard that BOA does it, but I don't have an account there so I don't know for sure. But Coinstar has started putting kiosks in bank lobbies, and if the bank is really busy they may force you to use that or refuse the deposit. At any rate, all banks are going to break open coin rolls to get an accurate count of the coins.


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workindev said:..... But Coinstar has started putting kiosks in bank lobbies, and if the bank is really busy they may force you to use that or refuse the deposit. At any rate, all banks are going to break open coin rolls to get an accurate count of the coins.

This is all contingent on your area. The vast majority of rural banks don't have coin counters and require you to roll your own coin before depositing.

If your bank charges a fee to accept coin, find another bank. There are way too many to list here, but use google to find a free coin counter in your area. There are plenty of them out there. If you have a large enough balance, demand to have the fee waived in the name of customer loyalty (if they try to assess one).


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gatzdon said:workindev said:..... But Coinstar has started putting kiosks in bank lobbies, and if the bank is really busy they may force you to use that or refuse the deposit. At any rate, all banks are going to break open coin rolls to get an accurate count of the coins.

This is all contingent on your area. The vast majority of rural banks don't have coin counters and require you to roll your own coin before depositing.

If your bank charges a fee to accept coin, find another bank. There are way too many to list here, but use google to find a free coin counter in your area. There are plenty of them out there. If you have a large enough balance, demand to have the fee waived in the name of customer loyalty (if they try to assess one).
Right, I'm not saying there is no way around it. It's just a potential wrinkle you'll have to deal with.


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camiolo said:I feel bad.... I could make $5, but I'd cost the gov't at least $9 in shipping (plus credit card fee's, but whatever). I just don't feel it's right to get an extra $5 in my pocket at a cost to the economy of the shipping.

The whole purpose of dollar COINS is that they last so much longer than PAPER dollars in circulation. So, to best appease your guilty feelings, purchase the coins and spend them to help circulate them and hopefully eventually replace the paper dollar bill.


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radiation said:You may also notice that the auction linked is John Adams (2nd Pres) the mint offer is for John Quincy Adams (6th Pres) as i understand it, the washington and adams (1st and 2nd) issues had a higher rate of errors and some may find additonal value in those unopened rolls.

John Quincy Adams-D

John Quincy Adams-P

From the photo on the US Mint web site, they appear to be the same uncurculated coins in the same wrapper as the ones offered on eBay.

Since they are coming from the US Mint in original wrappers I'm "assuming" they are the same uncirculated “circulation-grade coins” that the mint ships to the banks.

Since they are being sold at face value, there is nothing to lose to order them to see.

Message edited by: bksavings on 2008-06-13 11:02:44 CDT
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gatzdon said:workindev said:..... But Coinstar has started putting kiosks in bank lobbies, and if the bank is really busy they may force you to use that or refuse the deposit. At any rate, all banks are going to break open coin rolls to get an accurate count of the coins.

This is all contingent on your area. The vast majority of rural banks don't have coin counters and require you to roll your own coin before depositing.

If your bank charges a fee to accept coin, find another bank. There are way too many to list here, but use google to find a free coin counter in your area. There are plenty of them out there. If you have a large enough balance, demand to have the fee waived in the name of customer loyalty (if they try to assess one).

Out of date, but a starting point: Coin Counting Home Page.


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Green for OP!

FYI: they are on back order until 06/28/2008


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Back to the point of circulation... If I bust these open and take them to the bank, they'll circulate them for me. Hence, FWF does the U.S. Mint's job of circulating JQA dollar coins.


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