Bizarre Coin Offer

Discussion in 'Coin Chat' started by CoinKid52, Mar 25, 2007.

  1. CoinKid52

    CoinKid52 Senior Member

    In the paper the other day, there was this strange offer for one of the new presidental dollars:
    "Please enclose 3 first class 39 cent postage stamps to recieve your presidential dollar!"
    Postage stamps??? Kinda weird...
     
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  3. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    Maybe he really needs the stamps
     
  4. Phoenix21

    Phoenix21 Well-Known Member

    Think about it a little. Three 39 cent stamps. 3x39=$1.17 You are paying $1.17 for a coin that is worth a dollar. He is making about 17 cent a coin. I'm thinking it is a ploy to make a little money. I don't quite understand it completly, but that is my guess. Also add another 39 cents for the stamp you are shipping it with, comes to $1.56. But that is merely a guess.

    Phoenix :cool:
     
  5. AnemicOak

    AnemicOak Coin Hoarder

    Sounds more like someone harvesting addresses for junk mail lists.
     
  6. satootoko

    satootoko Retired

    [​IMG]

    Don't forget, he's making that 17¢ profit less the 39¢ he'll spend to mail it to you for a net loss of 22¢. If you think he's doing that out of the goodness of his heart please contact me off-forum about a real bargain I have for you in a bridge for sale. :eek:
     
  7. Pocket Change

    Pocket Change Coin Collector

    It isn't a real presidential dollar unless the guy is an idiot.

    So.....
    a. A chocolate covered one or some such other tin-foil thing
    b. Does anyone know of any other country that has a "dollar" coin with a president on it? This might be it.
    c. You get a form or advertizement back telling you how to get one for $xxx.

    There are probably a bunch of other possibilities!

    Say CoinKid, I just passed the virtual hat around and came up with 3 virtual 39 cent stamps. Could you send off and see what you get?
     
  8. Doug21

    Doug21 Coin Hoarder

    It would cost more than 39 cents to ship.
     
  9. satootoko

    satootoko Retired

    How so?

    Total weight of an envelope, cardboard stiffener, and coin is well under one oz., and an envelope costs a fraction of a cent.
     
  10. LSM

    LSM Collector

    He will send you the coin plus some advertisement for other coins he has for sale or a bid sheet on coins you can bid on. He may also sell you name and address to some coin publications or coin company like Littleton. He will make some $$$$ on the deal.

    Lou
     
  11. Doug21

    Doug21 Coin Hoarder

    I'm pretty sure that would get to be over an ounce. I used to work for PO, that kind of stuff can't run through their machines, requires special handling. I doubt you get that through for 39 cents. About 6 sheets of paper approaches the limit of an envelope.
     
  12. Doug21

    Doug21 Coin Hoarder

  13. Doug21

    Doug21 Coin Hoarder

    First-Class Mail that weighs 1 ounce or less, depending on the shape, may be subject to the nonmachinable surcharge. Customers can be unpleasantly surprised that they must pay extra postage when, for example, they mail a square greeting card. The Postal Service charges extra postage because mailpieces that are too stiff, too square, or unusually shaped often jam postal equipment and are difficult to process. This costs the Postal Service time and money—and may ruin your mailpiece.

    Many mailers fold sheets of paper to form letter-size pieces or newsletters. Folded pieces can save time and money because you’re not paying for or stuffing envelopes. We recommend that you use wafer seals or tabs to close the open sides of folded mailpieces.

    Here’s some good advice on tabbing: Put the fold on the bottom (the side below the address) and secure the top flap with a piece of tape or a round seal.

    More about Folding and Tabbing a Mailpiece
    (PDF) or (HTML).

    More about Designing Letter Mail
    (PDF) or (HTML).

    There are special size requirements for mailing letters at automation rates. Contact your local business mail entry unit for more information.

    TIPS
    -.007 inches? How do I measure that? As a guide, an index card is thick enough. If in doubt, contact a mailpiece design analyst (MDA) at the post office near you. MDAs have tools for precisely measuring thickness and can tell you if your mailpiece is thick enough.
    -What is high? What is long? Length is the side parallel to the address. Height is the side that is perpendicular to the length.

    Sizes for cards

    Sizes for flats

    Sizes for parcels



    --------------------------------------------------------------------------------

    Search for Business Mail 101.
    Enter words or phrases



    The search terms you enter will give you results from Business Mail 101 only.
     
  14. vipergts2

    vipergts2 Jester in hobby of kings

    metal mail

    On a side note, if you use an envelope for coins, let the people at the post office know it contans metal so they don't send it throuhg the auto-sorters. My postmaster told me this too can jamb the machines.
     
  15. satootoko

    satootoko Retired

    I frequently mail one or two coins by cutting a hole in one side of a small piece of corrugated cardboard, taping a piece of plain paper over the coin and the hole, and sticking the cardboard piece in a #10 envelope.

    Do you think maybe my scale and/or my calipers are defective when they shows the whole "package", including stamp, to weigh around .75-.9 oz., and be less than 1/4" thick? If so, I must have successfully scammed the PO dozens of times.

    Anyhow, the point is that this scam artist is in fact spending more than a dollar (exactly how much more is irrelevant) each time he sends a DeadPrez coin in exchange for $1.17 in stamps. That means he must be
    1. One of Aidan's favorite terms - braindead;
    2. A truly great philanthropist, or
    3. A scam artist making his money by selling your name/address, or in some other nefarious manner.

    Does anyone want to fade my bet on #3?
     
  16. Phoenix21

    Phoenix21 Well-Known Member

    Man, I didn't think about it costing him a stamp. :headbang: Ow, that hurts, lol.

    Phoenix :cool:
     
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