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 Buying dollars for frequent flyer points!
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Copper Catcher
Administrator


USA
1347 Posts

Posted - 11/02/2009 :  14:24:18  Show Profile Send Copper Catcher a Private Message  Reply with Quote
A buddy sent me this link about folks placing orders from the US Mint for the dollar coins at face value and free shipping. The same day they are getting them they are turning around and deposting the coins....all in for the ability to get frequent flyer points!

Check out the link below:

http://www.flyertalk.com/forum/12739586-post6004.html

DISCLAIMER: The opinions expressed in this message are those of the author and are considered for entertainment purposes only. It is not the intent of this author to provide legal, investment or medical advice and nothing posted here should be considered to be so. You are advised to seek independent counsel to act upon any laws discussed in this communication.

Neckro
1000+ Penny Miser Member



Saudi Arabia
1595 Posts

Posted - 11/02/2009 :  14:31:05  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message  Reply with Quote
The USMint limits 500face per coin type. How in the hell did he get 70k face.
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Copper Catcher
Administrator



USA
1347 Posts

Posted - 11/02/2009 :  14:47:35  Show Profile Send Copper Catcher a Private Message  Reply with Quote
Your guess is a good as mine, but it appears he in fact did!

DISCLAIMER: The opinions expressed in this message are those of the author and are considered for entertainment purposes only. It is not the intent of this author to provide legal, investment or medical advice and nothing posted here should be considered to be so. You are advised to seek independent counsel to act upon any laws discussed in this communication.
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highroller4321
1000+ Penny Miser Member



USA
1971 Posts

Posted - 11/02/2009 :  15:08:53  Show Profile Send highroller4321 a Private Message  Reply with Quote
There used to not be limits on the Native American Dollars. Looks like they aren't doing the Native Americans anymore. I also think that you can get $500 of EACH president at a time.

Copper penny Investing
www.portlandmint.com
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jadedragon
Administrator



Canada
2819 Posts

Posted - 11/02/2009 :  15:12:36  Show Profile Send jadedragon a Private Message  Reply with Quote
Does he have a lot of friends to order under? At 140 (70K/$500) freinds in one day, that is a lot of friends he trusts. Maybe this is where the fraud alert came from.

"It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things." - Leonardo da Vinci
How to Hedge Against Inflation (NEW) ~~~How to Invest in Copper Bullion at A Steep Discount~~~How to Teach Your Children to Invest in Precious Metals (NEW) ~~~How to Follow Gresham's Law
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dakota1955
Penny Hoarding Member



801 Posts

Posted - 11/02/2009 :  15:37:03  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message  Reply with Quote
If you can push the bar someone will find a way of doing that.
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Lemon Thrower
Penny Hoarding Member



USA
912 Posts

Posted - 11/02/2009 :  15:41:32  Show Profile Send Lemon Thrower a Private Message  Reply with Quote
quote:
Originally posted by dakota1955

If you can push the bar someone will find a way of doing that.



i used to post over there quite a bit.

back in the dot com days, there was an outfit called valu mags. do a search on flyertalk for it. Folks figured out how to get a flight on the concord transcontinental (entire bird was first class) for a hundred bucks or so. I did the valu mags thing late in the game - i scored some nice points but didn't get greddy. some folks who got greedy got burned.

i also bought a ton of savings bonds with my American Express after I sold my house and was waiting to buy another one. went to italy for free in business class on that one. Thank you flyer talk! Have also been to brazil, hawaii, San fran and chicago for free.

bottom line is those folks over there are smart and it probably works - for now.
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hobo finds
Penny Pincher Member



228 Posts

Posted - 11/03/2009 :  09:14:18  Show Profile Send hobo finds a Private Message  Reply with Quote
Looks like they are sold out of the Native American Dollars. This guy must have bought them all!
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barrytrot
Penny Collector Member



USA
410 Posts

Posted - 11/03/2009 :  10:50:31  Show Profile Send barrytrot a Private Message  Reply with Quote
The best thing about the dollar-ship program is the free little white sorters :) Those are nice :)
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PennySaved
Penny Collector Member



361 Posts

Posted - 11/03/2009 :  13:12:17  Show Profile Send PennySaved a Private Message  Reply with Quote
If you think about it too, it is a good way to take out a cash advance on a credit card without paying the outrageous fee that the credit card company charges.
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barrytrot
Penny Collector Member



USA
410 Posts

Posted - 11/03/2009 :  14:36:41  Show Profile Send barrytrot a Private Message  Reply with Quote
Good point PennySaved.

The "drop ship program" has got to be a better technique than a "payday advance loan" also :)
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HoardCopperByTheTon
Administrator



USA
5250 Posts

Posted - 11/08/2009 :  01:20:05  Show Profile Send HoardCopperByTheTon a Private Message  Reply with Quote
Even better if you have a card that gives you cash back. Nice to make a percentage or 2.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Let me see if I understand this? If you cross the North Korean border illegally, you get 12 years hard labor; the Iranian border illegally you are detained indefinitely. If you cross the US border illegally, you get a driver’s license, a social security card, welfare, food stamps, free health care!



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