September 21, 2014

Buying Coins from the US Mint

There used to be a pretty crazy scheme to earn frequent flyer miles where travel hackers would buy coins from the US Mint with credit cards and then deposit the coins into their bank accounts.  The scheme ended before I got really into this hobby after the mint eliminated the free shipping and credit card purchase option.

However, I recently figured out that the mint does allow credit card purchases for some coins.  The mint is currently offering a gold version of the Kennedy half-dollar for the 50th anniversary of the coin.  While I'm not a serious collector or anything, I do happen to think coins are pretty cool and am also a big Kennedy fan.  So I bought one.  I am still working on the minimum spend on my second Citi Executive AAdvantage card and this purchase helped me get pretty close to the bonus threshold.

2014 Gold Kennedy Half-Dollar

The box recently arrived and I was pretty excited to open it up.  It's a piece (albeit a small one) of history and just a bonus that I earned a few AA miles by making the purchase.  I plan to hold on to the coin and hopefully I'll be lucky enough to have a son to give it to in the future.

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