Update 11/13/19: Reminder this goes on sale Thursday, November 14th – at 12:00PM ET. Make sure you have a mint account created if you don’t already.
Update: PFS is now paying $200 in total for $113.10 in profit. If you’ve already opted in you’ll receive this increased price.
Contents
The Offer
PFSBuyersclub (referral link)
- PFSBuyersclub has a deal where you can purchase a American Eagle 2019 One Ounce Silver Enhanced Reverse Proof from the U.S. mint for $86.90 and they will buy it from you for $187
- On Thursday, November 14th – 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 coin and shipping is $86.90 (must do overnight shipping on this deal)
- 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.
Our Verdict
Please only opt in if you’re 100% committed to selling the coin to PFS if you’re successful in purchasing it. You basically get the box shipped to you and then use the prepaid FedEx shipping label that PFSBuyersclub ships to you. It’s important that you read all of the detailed instructions given to you by PFS as well. You will need to preregister for this deal with PFSBuyersclub, there are limited number of spots so if you preregister and are able to successfully purchase a coin you must ship it to PFSBuyersclub. Make sure you only preregister if you intend to send the coin to PFS.
Do 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 fine (use Chase Freedom via PayPal for extra 5%). 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. 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. It’s also worth mentioning if that if PFS ups the rate they are purchasing these coins for, you’ll receive the increased rate even if you were already opted it.
Anyone still holding onto these? Probably price has gone down considerably.
Wow, I think I completely forgot to sell these!
I have couple left. Sold one last year for around 1800.
Any updates on the current prices for unopened box?
Any updates with current prices for unopened box?
Selling on ebay somewhere around $1k.
Mine got graded as PR69 by PCGS :/ are there any national dealers I could sell it to?
Called JM Bullion today for pricing:
Sealed Box: $800
PF69: $825
PF70: $1600
$825!! Damn 🙁 Mine’s a PR69 by PCGS also. Not sure if I should sell it or hold it for a few years.
Ended up selling my PR69 to JM Bullio for $825. The lady was confused at first though, she offered me $800 for sealed box and then I said it was graded PR69 and she said, “I can offer you $20” and I said “Umm how does it go from $800 to $20?” finally figured out she thought I didn’t have the blue box and COA from the Mint anymore. lol
Anyone have an update of the current price of the coin without grade?
I suppose you could call Pinehurst, and let us know! pinehurstcoins.com
Assuming the package has been opened… you could probably sell it for around $900 on ebay.
What a coin dealer might offer you – I have no idea.
What about unopened package?
I got an offer from JM Bullion at $1700 and APMEX matched that. I went with APMEX since they gave me a UPS call tag giving me their cheaper shipping rate and insurance. Since I chose ACH payment, I had my money within 3 days of shipping the coin out, so I got $1700 less about $23 for the ship cost. Not a bad deal for a coin I had less than $200 in, considering initial purchase and grading costs.
Since I first heard about the coin here I never went through PFS and now I’m glad I did. Thanks DoC!
Edit to add: My coin was graded PR-70, First Strike.
Got a quote of $1700 with JMBullion for my PF70 coin. It looks like that the price has started dropping quickly… Guess I’ll take the offer and move on.
It’s nearly impossible to know when the best time is, and $1700 is still a great profit. I sold mine to JM a couple weeks ago now for $2200 each for a PF70. The ACH didn’t show up in my account until about 10 business days after they received it. They’re great to do business with, just a little slow.
I intended to sell the coin to them but still haven’t connected… Can tell they are really popular and hard to reach lol
Ya I got the calback next day and already shipped the coin.
Now I’m ready to forget everything about the deal once I get the payment.
Raela, it sounds like making well over $1000 has been a heavy burden for you…
P.S. When you posted earlier that your coin was graded “ER-70”, I assume you were mistaken about the “ER” part?
It might have been “Early release” shown on the website. But they actually put the “First release” on the label of the coin.
Sold mine to Pinehurst for $1500 and since then the price went down. Cannot happier for my decision. Finally received their check couple days ago. Off to a good start 2020
Is that the price for PF70 or ungraded coin?
Ungraded, still sealed box from mint. For me it not worth the grading gamble, I just wait until it the best time to sell the sealed.
How long did it take for you to receive a check after it was delivered to them?
My coin was just graded 69..it looks like 69 are selling for less than unopened boxes? 🙁 I took a gamble and lost a couple hundred I think.
Sorry to hear that, but it seems like it’s worth the risk. If Pinehurst is selling PF69 for $1,450, and PF70 for $2,500, there’s $1,000 on the upside and a few hundred on the downside. You wouldn’t want to find out your ungraded was a PF70.
Can I ask if you used NGC or PCGS?
PCGS. Should I open it and send it to NGC for grading? I’d lose “first strike”, but might get a 70 grading. I don’t see any imperfections on the coin myself, not sure why they decided 69 instead of 70… but I’m not an expert.
Sold mine for $1150 ungraded. Could probably get a little more on fleabay but I’d worry about scammers and fees so I’m cashing out at this price. No, I never agreed to sell to PFS 🙂