New U.S. Mint Coin Deal, $3K in Free Spend and Small Profit
I have covered U.S. Mint coin deals in the past. This week the U.S. Mint will release a new coin and it can be a great opportunity to generate lots of spend, probably enough to knock out a signup bonus on a new credit card. The new coin is expected to cost about $3,000 and you can also make a small profit on top of that if you sell to a buyers club, or if you sell on your own.
Thursday, September 24th, the US Mint will release a limited edition Palladium coin. There is a limit of one (1) coin per household. The cost of each coin will be around $3,000, but the exact price won’t be known until the release. There are many buyers clubs out there that will buy the coin from you for a small profit. PFS Buyers Club is one of them, which I have sold to in the past. But there are many others out there, or just go with buyers that you trust.
You will have the box shipped to your own house or office and then ship them to PFS Buyers Club with a prepaid FedEx shipping label that they will provide to you. Other buyers clubs operate the same way, unless you have a local one.
They will pay you the cost of the coin and an additional $50. You can opt in to buy more coins, if you have more people that can buy one from a different address and different credit card. Just make sure to sign up now before they reach the limit of coins they are willing to buy.
Only register if you are able to purchase at the release time and you plan to sell the coins to PFS Buyers Club. Otherwise look into other clubs or sell on your own.
Is it Legit?
I have done a few of these deals myself. The process is pretty easy as long as you follow the steps they provide on their website, or by email. You sign up for the deal, be ready to purchase once it goes live, by your coins and then ship them to PFS Buyers Club. Once they receive it, you get paid right away. Sometimes they even offer drop off service in Brooklyn for those who are in the NYC area.
From my understanding, they just want these coins for reselling. If you are knowledgeable in this field, you could probably do better yourself by selling the coins on eBay or elsewhere.
This deal can easily take care of some of the spending requirement if you recently signed up for a new card such as the Chase Ink Preferred. Even if you are not working towards a signup bonus, with a 2% card you can make a $60 profit a and then another $50 from PFS Buyers Club or even more if you vahe better offers. This is a large purchase so make sure you go with someone you trust. You will be mailing a $3K item.
Let me know if you have done any of these deals in the past, or any other buyers clubs that you have worked with. This ir probably not the best time to jump in since it is a very expensive item.