Over the past few years, one of the more lucrative ways I’ve earned free money and points is by buying coins from the US Mint. This is not the same method that many people took part in years ago where they’d purchase coins from the US Mint on their credit card and deposit them to their local bank. Instead, this is through PFS Buyers Club.
A few times a year I receive an email from PFS Buyers Club letting me know that the US Mint will be releasing some limited edition coins. If you are able to purchase them, PFS will essentially buy the coins back from you and pay you a premium. Not only that, you can purchase the coins from the US Mint with a credit card and PFS sends you a check. That means you are also earning free credit card points for the purchase and it is a great way to meet minimum spend! PFS also makes the transaction extremely seamless. Once you purchase the coins, you will put your order information on the PFS site and they send you a prepaid shipping label. Once the coins arrive on your doorstep, you attach the shipping label to the box, and drop it off at FedEx within 2 business days. Once PFS receives the coins, they will send you a check in just 7 business days. It is really an easy way to make some money for not a lot of time spent.
A New Deal Coming This Week!
On Thursday September 6, 2018 the US Mint will be releasing a limited edition Palladium Proof coin. The purchase is limited to 1 per household. Each medal will cost $1,387.50 and after the standard shipping of $4.95, your total order will be $1,392.45. There is a chance the cost will be $50 more or less (the final price will be known Wednesday), but you’ll still earn the same profit.
PFS will pay you $1,443.00 for for the coin (or $50 more or less depending on the final price). This means you will profit $50.55. You’ll also earn points based on the credit card you use for the purchase. I suggest using a card where you need to meet minimum spend, or one where you earn some extra benefit for meeting a certain spend threshold (i.e., free night hotel certificate, Southwest companion pass, etc.).
Things to Know
I’ve taken advantage of these offers MANY times. I’ve never once had an issue and found the process to be beyond easy. With that being said, it is important to follow the directions of the deal exactly as stated. If it states to purchase X number of coins, make sure to purchase that exact number. So in this case, just 1. If it tells you to purchase all the coins in one order, make sure to do that – although for this order, you are only purchasing 1. If it tells you to NOT open the box of coins when you receive them at your house, do not open the box! As long as you follow the directions, you’ll be good to go. It really is a simple process, I promise!
To be eligible to purchase the coins and have them bought back, you must register for the offer in advance. If you do not register and receive an approval confirmation email you will not be reimbursed. Registration fills up fast, so make sure to register NOW! The coins go on sale at noon ET, so make sure to purchase the coins at that time on the dot. Any coins purchased after 12:10pm ET might not be reimbursed. You can create a PFS account and register for this offer here. You’ll also want to create an account with the US Mint in advance, which you can do here.
NOTE: ONLY REGISTER AND OPT IN FOR THIS DEAL IF YOU ABSOLUTELY ARE 100% COMMITTED TO FULFILLING THE DEAL, REGARDLESS OF THE VALUE OF THE COINS (SOMETIMES THEY ARE VALUED HIGHER OR LOWER FROM THE PAYMENT PRICE). PFS ALWAYS PAYS AND ONTIME.
This is definitely one of the better making money offers and I highly suggest taking part of this deal if you are able to. I am personally looking forward to making an easy $50 and earning another 1,392 points towards meeting my Southwest Companion Pass requirements for the year!
Feel free to comment with any questions.