This coming Thursday U.S. Mint will be launching some new limited edition coins that can be purchased with a credit card and sold for a profit. The coins are as follows and go live at 12:00PM ET (limit 1 per set/coin):
- Limited edition American Gold Eagle Proof coin. Cost will be $2,375.00
- Four-Coin American Gold Eagle Set. Cost will be $4,410.00
I always recommend locking in a price will a reputable coin purchaser before the coins go live so you eliminate your risk entirely, but others prefer to take the risk for a bigger profit. You should be looking for at least $100 profit on the first coin and $200 on the second coin. Remember that American Express now considers precious metal coins as a cash advance as of January 15, 2021.
