Want to knock out a credit card’s minimum spend requirement — and earn some money in the process? You may have a chance this Thursday to do both.
Even if you don’t care about collector coins, this could be a very attractive opportunity.
US Mint Coin Sale This Thursday
The US Mint will release a limited-edition American Eagle 2022 Gold Proof Four-Coin Set this Thursday, March 17, at 12:00 PM Eastern/9:00 AM Pacific. We don’t yet know the list price. But PFS Buyers Club says each set should cost $5,332.50 or $5,240.00, plus $4.95 shipping.
And here’s where it gets juicy.
PFS Buyers Club wants to source as many coins as possible. But the US Mint enforces a strict, one-order-per-household (read: one per address).
That’s where people like you and I come in. (Join PFS now and opt-in for the current deal.)
PFS (and other buyers clubs) will buy the coins from people who successfully order and receive them. And they also pay a handsome commission. (In this instance, it’s $162.55.)
Basically, you order the coin and pay with your credit card. The US Mint ships you the coin. (DO NOT OPEN THE PACKAGE WHEN IT ARRIVES.) PFS sends you a pre-paid shipping label. Then you ship the coin to PFS. PFS reimburses you the cost of the coin and pays your commission.
I know some people who need to spend $10,000 on their Capital One Venture X Rewards Credit Cards to earn a bonus from the previous promotion. If they’re successful with the US Mint coin deal on Thursday, that $5,200+ will certainly help.
Others just want to earn points and make a few bucks. (Hopefully, one earning at least 1.5-2X per dollar spent.)
A Couple of Notes
Please keep in mind a few things.
First, there are 10,000 coins minted for this sale. That may sound like a lot — but it’s really not. There are professional and hobbyist coin collectors who want them. Buyers clubs also want their paws on ’em. There are other resellers who want them.
So, 10,000 valuable coins will likely sell out quickly. Don’t log on a half-hour into the sale and expect to buy one all willy-nilly.
Also, the US Mint’s website is notoriously glitchy and awful. (Wha? Something from the government doesn’t work as it should? Shocking, I know.) Prepare for that madness and frustration.
I’ve done a bunch of these deals and never encountered a major problem. FedEx once lost a coin while en route from my location to PFS. But PFS’ shipping insurance covered it — and I was reimbursed the full amount. It was a minor hiccup. (Just make sure you have enough money to float the purchase in case something like this happens.)
It’s been a minute but there’s finally a US Mint sale this Thursday, March 17. It’s a fantastic opportunity to earn points and money for buying the coin and sell it to a buyers group. Join PFS Buyers Club now and opt-in now!
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