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Update: 8/12/21: payouts have increased, post has been updated accordingly.
Update: 8/11/21: payouts have increased, post has been updated accordingly.
August 2021 has several US Mint coin releases of interest to coin dealers, which means a buying group opportunity for credit card spend and commission. The next is August 12, 2021.
Please see my post on the July 29 coin deal for background on coin deals and buying groups.
August 12, 2021 US Mint Coin Deal Goes Live at 12 pm EDT
One coin will go on sale on August 12, 2021.
DCB Buying Group
The buying group I have made reservations with, DCB, has encouraged me to share their info for other prospective sellers to consider. This is my seventh coin deal with DCB this year, along with various gift card deals. My experience has been excellent. Communication is clear and responsive. Terms honored to the letter.
If you sell to DCB, I will receive a one-time refer-a-friend bonus. I am not a party to your transaction with DCB. You are solely responsible for your own assessment to potentially buy any of the coins, and to whom to sell any coins you buy.
Contact DCB at coinsfor.dcb@gmail.com to learn more, reserve your coins, obtain instructions, and join the WhatsApp group for the buying group.
DCB is offering the following payout over US Mint price, along with coin link:
- American Eagle 2021 One Ounce Silver Proof Coin(S) for $73, household limit 3 – DCB is paying $125 per coin for a set of 3 coins
A set of 3 is $219 spend and $156 commission.
(Note: if you knew about this coin in May and were able to make an enrollment for 25 coins, DCB is paying bulk rate $128 per coin for a set of 25 coins. I did not know about this one then and missed out.)
When your orders are confirmed by the US Mint, DCB will provide insured, pre-paid shipping labels for you to use to send to the buyer. You’ll need to ship the coins within 7 days after receiving the coins from the Mint. You’ll want a dropoff receipt when you ship. Payment will be done via ACH within 3 business days after the buyer receives the coins.
Important: DO NOT OPEN the boxes you receive. Every buying group requires you to receive the package, add the shipping label and send to them, box unopened.
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You mention gift cards as well? Where can i learn more about that? The coin deals are great and although this is the first i’m hearing of DCB i will check them out next time, but the coin deals are not every week i’d be interested in learning another way to make some extra cash and see you mentioned gift cards?
@Eric – DCB and a number of others buy 3rd-party gift cards. These are more regular than US Mint deals. Rates fluctuate based on demand. Usually, the numbers are small profit or break-even when timed with card and retailer promotions. You can contact DCB to get involved in the gift card side. They are focused on just a few brands. I can recommend Aligned Incentivess as a starting place for a wide variety of brands and a public website, for instance, they often take small denomination cards tied to Amex offers (example: H&M has 20% off $50 spend, you get… Read more »
[…] order. I have opted in with DCB a couple of times but have not yet completed a deal with them. Rapid Travel Chai has been writing about DCB. The email address for for more information and to reserve a spot is […]
Hi Stefan, I emailed DCB, joined the WhatsApp group and advised that I had been referred by you. Hopefully you will get the referral bonus. I have done a few coin deals with PFS Buyer’s Club and found them to be very professional, personable, and trustworthy. However, their payouts are much less than DCB ($61.05 vs $96 on tomorrow’s deal and an even bigger difference on the 8/10/21 deal). So I appreciate that you have shared your experience with another buyer’s group. Have you ever heard any negative feedback about DCB or know how long they have been doing business?… Read more »
@Darlene – thank you for the detailed message. These are all questions I have asked myself of each buyer that I have sold gift cards or Mint deals. I sat out gift cards and Mint sales for years, not having the time or risk appetite. Last fall I started dabbling in these sales. I have sold to several buyers with good experiences. PFS has a good reputation and beginner-friendly website process. Aligned Incentives is a more recent entrant, also with a good website. Miles Per Day does buying. A number of others are on on WhatsApp/email, like DCB, I have… Read more »