![]() ![]() Also, usually within 3 days, the Order Status will go from “Your order request is on hold” to “In process” at The Mint’s website. If the coins are not backordered, the order will usually hit your credit card as an authorization (but not a charge) within a day or What’s the process after I submit my order? The Mint has not explained how they enforce the limit. Is the limit per person/address/email address/account/credit card/etc? Experience has shown that this 10-day limit is calendar days, not business days. The 10 days starts when you order the coins, not when they are shipped. The 4 boxes do not need to be of the same type of coin. ![]() The Mint's limits are currently 4 boxes ($1000) every 10 days. See the last question below, which will contain a list of cards currently reported to be treating the purchases in this way. If a purchase is treated as a cash equivalent, it is the same as any other purchase (costs the same, no special interest treatment), but you would not earn miles/points. So, will my purchase from the US Mint be treated as a cash equivalent? What would that mean?Īs of now, only one card has treated the purchase as a cash equivalent. Neither of these things are anything like a cash-advance (which incurs special interest treatment and goes against your cash advance limit). Note that this says "cash equivalent" or "cash-like". Ordinarily, such purchases are not eligible for credit card rewards, cash-back, cash rebate, and similar programs." The only way for something to be treated as a cash advance is by using a PIN code, by using a card issuer's "credit card checks", or by going to a bank and asking for a cash advance.īut the mint says (or said): "The purchase of $1 coins under the Circulating $1 Coin Direct Ship Program is a cash equivalent or cash-like transaction. Is it possible that my order from the US Mint might be treated as a cash advance?Ībsolutely not. What is the URL I should use to buy the coins with free shipping? The Mint’s information can be found here. What are the specs on the $1 Coin Direct Ship Program? You can read (or search through) the gigantic coin thread by going here: The rest of this FAQ is preserved for posterity. The usefulness of the Direct Ship program for getting free miles has gone away. Customers who wish to purchase $1 coins through the Direct Ship Program can still do so by wire transfer, check, or money order. JUL 22, 2011: Announcement from US Mint: The United States Mint has eliminated the credit and debit card purchase of $1 Coins through its Direct Ship Program effective July 22, 2011.
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