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Update: 8/10/21: payouts have increased, post has been updated accordingly.
Update 8/9/21: payouts have increased, post has been updated accordingly.
With my travel down to nearly zero the past 1.5 years I have taken up some of the points-generation activities now popular among points earners.
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.
Please see my post on the July 29 coin deal for background on coin deals and buying groups.
August 10, 2021 US Mint Coin Deal Pre-Order Goes Live at 12 pm EDT
Pre-orders for two coins will go on sale on August 10, 2021.
The coins will ship in October 2021. Your card will not be charged until shipping time so either use a card you know you want to put on spend then, or use PayPal Key to have the flexibility to change the backing card later. Just be sure to not delete that PayPal Key in the interim.
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 email@example.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 links:
- Morgan 2021 Silver Dollar PHILADELPHIA (P) for $85, household limit 3 – $135 over US Mint price per order of 3
- Peace 2021 Silver Dollar PHILADELPHIA (P) for $85, household limit 3 – $135 over US Mint price per order of 3
If you get 3 of each coin that is $510 spend and $270 commission.
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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[…] the most important part for most readers is payment and I haven’t gotten to that point yet. Rapid Travel Chai has written quite a bit about DCB deals and shares some of his direct experience on his […]
[…] Hat tip to Rapid Travel Chai […]
You better hope the buyer pays up or you are SOL.
@Rjb – that is true of all reselling. This deal is comparatively small for a US Mint deal, most buyers will take as small as 3 coins so a chance to test out US Mint deals and buyers.