- Centurion Member
- Posts: 204
- Joined: Tue Oct 30, 2012 10:25 am
- Location: TX
I'd read stories about the US Mint not liking people buying coins with credit cards. The theory behind those articles was that the whole purpose of "face value + free shipping" was to encourage people to get the coins into circulation through their everyday spending, not immediately deposit them into the bank and hope they get circulated by someone else.
But the bulk purchase of quarters now involves a 3% processing fee plus shipping costs/personal pickup and a bank wire transfer. They advertise their presidential dollar rolls as $25 for $32.95, $100 for $111.95, and $250 for $275.95, without specifying how much the shipping is, so I haven't paid much attention.
I haven't read anything about lenders objecting to purchases from the Mint... do you have an article I could peek at?