Thursday is going to be a big day for a few lucky people.
We wrote yesterday about the US Mint’s limited edition coin sale — including a gold piece that’s quickly becoming very valuable.
PFS Buyers Club originally said they’d purchase the coin for a $525.05 bounty to those willing to resell. But at least one other buyer club offered a substantially higher commission. Reader Mike soon commented that one club to which he belonged offered him $950.
And a mini bidding war seems to have ensued!
PFS emailed its members who opted in — keep in mind you need a reservation/buy commitment in order to be eligible for their commission deal — that it’ll now pay a $1,000.05 commission per gold coin.
So Everyone Gets a Coin, Right?
This doesn’t mean, however, that you should plan on treating yourself to a luxe meal or something this weekend.
In an email to people who have reservations, PFS rep Aron said:
Please keep in mind, we expect that the majority of people will not be able to purchase one of the Gold coins. It’ll sell out real quickly, and demand will dwarf the supply.
If you have yet to, please consider also opting in to our Silver deal. While it has a lower commission, we expect most people to be able to acquire one, even if you try for the Gold first.
And the US Mint’s website is very stubborn. It’s like it’s part of the government or something.
In my experience, sales for coins that aren’t as in-demand generally sell out in a few minutes. So have a game plan. PFS has a great guide on their site. Just make sure you opt-in before buying!
Good luck to us all.
Featured image: ©iStock.com/RomarioIen
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