{"id":295,"date":"2011-07-15T11:21:41","date_gmt":"2011-07-15T18:21:41","guid":{"rendered":"http:\/\/www.capitaltreasures.net\/blog\/?p=295"},"modified":"2011-07-15T11:36:16","modified_gmt":"2011-07-15T18:36:16","slug":"travel-hacking-with-1-coins","status":"publish","type":"post","link":"http:\/\/www.capitaltreasures.net\/blog\/?p=295","title":{"rendered":"Travel (Credit Card) Hacking with $1 Coins"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"http:\/\/si.wsj.net\/public\/resources\/images\/P1-AS791_Coins_D_20091206203628.jpg\" src=\"http:\/\/si.wsj.net\/public\/resources\/images\/P1-AS791_Coins_D_20091206203628.jpg\" alt=\"\" width=\"262\" height=\"174\" \/><\/p>\n<p>NPR\u00e2\u20ac\u2122s Planet Money reporters <a href=\"http:\/\/www.npr.org\/2011\/06\/28\/137394348\/-1-billion-that-nobody-wants\" target=\"_blank\">recently investigated the $1 presidential coin program,<\/a> which was a Congressional effort to get more $1 coins into circulation while also trying to be educational. The problem is that nobody really wants them. Well, not nobody. Sixty  percent of the coins make it into circulation. But that other 40  percent?<\/p>\n<blockquote><p>Read more: <a href=\"http:\/\/moneyland.time.com\/2011\/06\/29\/inside-the-fed%e2%80%99s-vault-1-billion-worth-of-unused-coins\/#ixzz1SCNsEN00\">http:\/\/moneyland.time.com\/2011\/06\/29\/inside-the-fed%e2%80%99s-vault-1-billion-worth-of-unused-coins\/#ixzz1SCNsEN00<\/a><\/p><\/blockquote>\n<p>This is still a trending hack option from 2009&#8230; loopholes, gotta&#8217; wonder.<\/p>\n<blockquote><p>At least several hundred mile-junkies discovered that a free shipping  offer on presidential and Native American $1 coins, sold at face value  by the U.S. Mint, amounted to printing free frequent-flier miles.  Mileage lovers ordered more than $1 million in coins until the Mint  started identifying them and cutting them off.<\/p>\n<p>Coin buyers charged the purchases, sold in boxes of 250 coins, to a  credit card that offers frequent-flier mile awards, then took the  shipments straight to the bank. They then used the coins they deposited  to pay their credit-card bills. Their only cost: the car trip to make  the deposit. [<a title=\"http:\/\/online.wsj.com\/article\/SB126014168569179245.html\" href=\"http:\/\/online.wsj.com\/article\/SB126014168569179245.html\" target=\"_blank\">more<\/a>]<\/p>\n<p>&nbsp;<\/p><\/blockquote>\n<p>btw, Right now, pennies 1981 and older are worth 5 cents!start hoarding&#8230;<\/p>\n<div>\n<p><a href=\"http:\/\/moneyland.time.com\/2011\/06\/29\/inside-the-fed%e2%80%99s-vault-1-billion-worth-of-unused-coins\/#ixzz1SCNW709u\"><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>NPR\u00e2\u20ac\u2122s Planet Money reporters recently investigated the $1 presidential coin program, which was a Congressional effort to get more $1 coins into circulation while also trying to be educational. The problem is that nobody really wants them. Well, not nobody. Sixty percent of the coins make it into circulation. But that other 40 percent? Read [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[70,29,77],"class_list":["post-295","post","type-post","status-publish","format-standard","hentry","category-general","tag-coins","tag-dollar","tag-hoarding"],"_links":{"self":[{"href":"http:\/\/www.capitaltreasures.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.capitaltreasures.net\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.capitaltreasures.net\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.capitaltreasures.net\/blog\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.capitaltreasures.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=295"}],"version-history":[{"count":3,"href":"http:\/\/www.capitaltreasures.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/295\/revisions"}],"predecessor-version":[{"id":297,"href":"http:\/\/www.capitaltreasures.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/295\/revisions\/297"}],"wp:attachment":[{"href":"http:\/\/www.capitaltreasures.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.capitaltreasures.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=295"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.capitaltreasures.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}