The Offer
PFSBuyersclub (referral link)
PFSBuyersclub has a resell deal which can rack up almost $1,400 in spend, plus a $50 profit:
- On Thursday, September 6th at 12:00pm ET, the US Mint will release a limited edition coin.
- The purchase is limited to one (1) coin per household.
- The cost of the coins is roughly $1,400 including shipping, and you’ll be reimbursed an extra $50 on top of that.
- Signup for a PFS account and then opt in for the deal to lock yourself in. Be sure you’ll be available to make the purchase at noon on Thursday.
- You can see more details here.
PFSbuyers club is a private club who offers small resell opportunities on items which have quantity limits. Since each person/household can only buy one or a few of the items, you ‘opt in’ with PFS to buy the item which locks you in for the purchase (meaning, you are committing yourself to buy and they are committing to buy it off you when you follow the instructions), you get the item in the mail at your home, and then you ship it to PFS with a prepaid shipping label.
Most of their deals are for coins from the U.S. Mint. Certain limited edition coins are released at designated times, and can apparently be resold for more. You can try finding the deals yourself and then try reselling them yourself somehow, but most people find it easier to simply get all the instructions and be completely locked in on the deal.
The Fine Print
- Payment will be sent via Check or PayPal within 7 business days of the coin being delivered to a PFS Buyers Club.
- Only a limited number of people will be approved for this offer, so opt in quickly if you are interested.
- Must opt-in in advance before doing the deal. You’ll see the Opt In button in your PFS account if there are still spots available.
- Be sure you’ll be available to make the purchase at noon on Thursday before opting in for the deal.
- You’ll get exact details about the deal when you signup for PFS and opt in for this deal.
Our Verdict
They send out offers from time to time; often the deals are lower spend amounts and lower profit – this one is quite good at $50 profit plus a high amount of spend. The spend will hopefully be considered normal/organic and will be pleasing even to the Amex gods. (Update: Readers say not to use U.S. Bank cards or the Elan/Fidelity card since they don’t earn points or meet spend requirements. Amex and other cards should work find.)
There’s always some amount of risk when dealing with any company. Hundreds of people have successfully got paid out from PFS for a long time. I’ve been a member with PFS for over two years, though I’ve never actually completed a deal since it requires being at the ready exactly when the coin gets released (I almost got in on one but missed out by a few minutes, other times I simply haven’t been available at the requisite time so I didn’t even opt in).
We have no affiliation with PFS. They do have a referral program, and we’ll get $20 if you sign up for a PFS account using our referral link, above. Thanks.