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<p>[QUOTE=&quot;sturmgrenadier, post: 1291671, member: 18711&quot;]<p style="text-align: left"><span style="color: #000000"><img src="http://www.cointalk.com/images/misc/quote_icon.png" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> Originally Posted by <b>sturmgrenadier</b> <a href="http://www.cointalk.com/t190720-post1290995/#post1290995" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t190720-post1290995/#post1290995"><img src="http://www.cointalk.com/images/buttons/viewpost-right.png" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></a></span></p> <p style="text-align: left"><span style="color: #000000">&#039;I think the way it works is that the orders all got taken and put on hold. Probably more orders than they have product for. Sometime after the sellout, they put up the waitlist notice. Now they&#039;ll check the orders (<i><b>processing credit cards</b></i>, checking compliance with ordering limits) and start to package and ship in the order in which they were received.&#039;</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Maybe I&#039;m being a worrywart, but how can the US Mint know whether your credit/check card is good without running an actual authorization for the sale amount (for example, that one can see on their online banking activity)? In my past experiences with purchasing from them, they only run through the actual charge just prior to shipping. I have plenty enough money in my checking account to cover the $1504.70 charge, but I&#039;m concerned because I have a new bank (W*&amp;^% F#%$&amp;), and I don&#039;t want them to deny my transaction because they suspect fraud (due to this charge being so atypically large). I already called my bank&#039;s customer service to give them the head&#039;s up, to expect the $1504.70 charge. But what happens if they do refuse/delay the charge? Do you only get one chance for it to go through and then the US Mint cancels your order? (I know that an expired credit card cancels your order, but that&#039;s not a problem for me). Or does the US Mint try more than once to run the authorization/charge through on your check/credit card? ...</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p><i><span style="color: #000000">&#039;You are correct. The party you are responding to had the process at the mint incorrect.</span></i> <ol> <li><i>Your order is on hold until the Mint validates the order. This means they check a number of things including whether you went over the limit. If your order fails this step they send you a cancellation notice.</i></li> <li><i>If your order is validated then it gets inventory assigned to it and a potential ship date.</i></li> <li><i>Prior to shipping they will run your card. If the card is rejected for any reason, you have to resolve it. Unfortunately, I believe in this case, you lose your place in line.</i></li> <li><i>They process orders first come first serve. However shipping may not be in the same order. They contract with numerous shippers and will group up boxes to certain shippers on certain days.</i></li> <li><i>You receive your box of coins. If you ordered more than one box, they may not all come on the same day.&#039;</i></li> </ol><p>Thanks for explaining the process. By notifying my bank&#039;s customer service that the $1504.70 charge (atypically large for me) will be coming through on my check card, I feel like I&#039;ve done all I can to ensure it doesn&#039;t bungle things for me.&nbsp; I will just have to cross my fingers and hope that the sale goes through OK when the mint runs my card prior to shipping. I&#039;ve posted about this before, but I guess others aren&#039;t concerned about this happening to them (losing their place in line). Or maybe they are already being proactive by notifying their card issuers, too.</p><p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><br /></p> <p style="text-align: left"><br /></p><p>[/QUOTE]</p><p><br /></p>

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