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Quote from: Sep. 8 deal
Purchase A Coin For $489.95 From The Mint And Get $523 Back!

Please note: This is a paid advertisement.

Join this deal here.

Use code: DANS2 on the opt in page to receive this guaranteed price.

Tomorrow at 12:00pm EST the US Mint will release a limited edition coin. The purchase is limited to one coin per household.

The coin will cost $485. After including the standard $4.95 shipping, the total will be $489.95.

You will have the box shipped to your own house or office and then ship them to PFS Buyers Club with a prepaid FedEx shipping label that we will provide for you.

PFS will pay you $523 for a profit of $33.05. This is also an opportunity to earn some valuable points/miles on your credit cards.

For full deal details and terms, as well as the ability to opt in to this deal, you must be a PFS Buyers Club Member.

Join PFS Buyers Club here.
Note: PFS Buyers Club takes full and sole responsibility for the reimbursement of these coins. That includes thousands of happy participants!

Cards that do not earn on US Mint purchases:
Fidelity Cashback (2%)

Cards known to earn on US Mint purchases:
« Last edited by gozalim on February 25, 2019, 12:00:36 AM »

Author Topic: New Coin Deal  (Read 236292 times)

Offline Dan

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Re: New Coin Deal
« Reply #1425 on: September 22, 2016, 03:28:54 PM »
FWIW we worked with a PFS competitor, arranged a guarantee, and had dozens of emails from people about non-responsiveness and issues.
I saw they were offering a couple bucks more, but it's not just about the bottom line. We turn down ads from credit repair businesses because they result in complaints and it's not worth the money.

We've yet to get any complaints about PFS.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline JTZ

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Re: New Coin Deal
« Reply #1426 on: September 22, 2016, 03:31:23 PM »
We've yet to get any complaints about PFS.
I will be in on the next deal.  :)
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline pfscoins

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Re: New Coin Deal
« Reply #1427 on: September 22, 2016, 03:33:28 PM »
my 2
dealers should pay the full amount as long as they did not give a deliver by date when making the deal
they should not ask anyone to cancel as that would be the same as a buyer wanting to cancel when the price skyrockets
the dealers took the risk of buying those preorders early hoping that the value would be higher later
while the buyers took the risk of selling the orders early at a potentially lower price in exchange for a guaranteed profit.

this time the buyers came out ahead last time the dealers did that's just the way the world works.

That's a valid argument. Probably the first valid one I've seen about this.

My point of view is a bit different...

We always give a deadline (3 days from when the box arrives to you) to ship the coin(s) to us. This is typically a lot earlier than 2 weeks from the sale date. We also write/wrote no backordered orders... This time was unusual in that the mint decided to hold to these orders for so long so that it fell into this grey area. I would argue that this is like a backordered order.

Importantly, I also gave people a heads-up last week so that they can push through and clear their orders telling them that I man ask them to cancel mid next week if not. This was well before any limits were lifted. And most did call and got theirs shipped at that time.

Also, on the other point you brought up, if you recall from prior "conversations", these were all pre-sold by me as well, whether they come in 2 weeks from now or 2 weeks ago, I'm not making any more or any less than I would if the limit wasn't lifted. This is equally true when the price rises.

My buyers asked me - as partners - and I did the same to my Members - to cancel anything that isn't a "live" order, so that while me and my members might not make the profits on these canceled orders, at least nobody will lose anything (including them if i went through with it.)

Offline Shmulie

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Re: New Coin Deal
« Reply #1428 on: September 22, 2016, 03:35:33 PM »
Buyers can request to back out, odds are the dealer will say no. But I don't think asking is wrong.
I wonder if PFS would agree
I'm just saying they are opening themselves up to people cancelling on them when the tables are turned
is it really worth it? ???

Offline jj1000

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Re: New Coin Deal
« Reply #1429 on: September 22, 2016, 03:37:56 PM »
I'm just saying they are opening themselves up to people cancelling on them when the tables are turned
How's that?
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Offline pfscoins

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Re: New Coin Deal
« Reply #1430 on: September 22, 2016, 03:42:37 PM »
I wonder if PFS would agree
I'm just saying they are opening themselves up to people cancelling on them when the tables are turned
is it really worth it? ???

If I were asked, I would not "allow" people to back out because of a price change. Ever. I am typically not asked though ;-)

As I just wrote, this has nothing to do with price. I will still be reimbursed fully for every coin I deliver even if members give it to me in a week or two.

In the meanwhile, I have yet to get a request from any of my members to keep the orders in, they clearly understood (based on the initial terms as well as my email last week) that this may happen and were obviously okay with it. And as I wrote earlier, if I did get such a request, I'd take the coins and pay the full promised profits.

Offline Shmulie

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Re: New Coin Deal
« Reply #1431 on: September 22, 2016, 03:43:26 PM »
How's that?
I think by cancelling on people now some people won't feel bad if they go and then cancel on them when it works out the other way

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Re: New Coin Deal
« Reply #1432 on: September 22, 2016, 03:48:19 PM »
I think by cancelling on people now some people won't feel bad if they go and then cancel on them when it works out the other way

I think they're very different. A comparable would be if they already got the coins (and couldn't return them to the mint), and then i told them that I'm backing out and I don't want the coins... In that case, I think you have an argument. This is very different.

Having said that, if one of these couple of dozen people use this as an "excuse" to why they back out on a future deal, I guess you could tell me "I told you so". I'd still argue the difference.

Offline Shmulie

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Re: New Coin Deal
« Reply #1433 on: September 22, 2016, 03:51:00 PM »
If I were asked, I would not "allow" people to back out because of a price change. Ever. I am typically not asked though ;-)
as people should not allow the dealers (not you) to back out either.

As I just wrote, this has nothing to do with price. I will still be reimbursed fully for every coin I deliver even if members give it to me in a week or two.
Then maybe you should fight for your members to get what they were promised?
In the meanwhile, I have yet to get a request from any of my members to keep the orders in, they clearly understood (based on the initial terms as well as my email last week) that this may happen and were obviously okay with it.
I don't think most people understood this might happen and just because they are complying with your request does not mean that they are okay with it

And as I wrote earlier, if I did get such a request, I'd take the coins and pay the full promised profits.
good then we agree that is the right thing to do

Offline JTZ

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Re: New Coin Deal
« Reply #1434 on: September 22, 2016, 03:52:26 PM »
Bottom line is asking to cancel was a bad idea. We all make mistakes.
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline jj1000

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Re: New Coin Deal
« Reply #1435 on: September 22, 2016, 03:52:44 PM »
I think by cancelling on people now some people won't feel bad if they go and then cancel on them when it works out the other way
Considering no one was cancelled on, I do not understand your statement.
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Re: New Coin Deal
« Reply #1436 on: September 22, 2016, 03:53:35 PM »
as people should not allow the dealers (not you) to back out either.
Then maybe you should fight for your members to get what they were promised?I don't think most people understood this might happen and just because they are complying with your request does not mean that they are okay with it
good then we agree that is the right thing to do

We'll agree to disagree. ;-)

I got to get back to work

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Re: New Coin Deal
« Reply #1437 on: September 22, 2016, 03:53:50 PM »
I think they're very different. A comparable would be if they already got the coins (and couldn't return them to the mint), and then i told them that I'm backing out and I don't want the coins... In that case, I think you have an argument. This is very different.
I disagree
Having said that, if one of these couple of dozen people use this as an "excuse" to why they back out on a future deal, I guess you could tell me "I told you so". I'd still argue the difference.
I didn't say this was necessarily the right way of thinking I'm just saying this might be how some people see it

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Re: New Coin Deal
« Reply #1438 on: September 22, 2016, 04:48:31 PM »
FWIW we worked with a PFS competitor, arranged a guarantee, and had dozens of emails from people about non-responsiveness and issues.
I saw they were offering a couple bucks more, but it's not just about the bottom line. We turn down ads from credit repair businesses because they result in complaints and it's not worth the money.

We've yet to get any complaints about PFS.

Good to know that if I have an issue with a deal on the DD, I'm supposed to email you for help.

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Re: New Coin Deal
« Reply #1439 on: September 22, 2016, 05:13:33 PM »
When the dealers say that I shouldn't open the box, do they mean the brown outside Packaging? If yes what will they do if my wife opened a drop of   the brown Packaging?
Yes.  They want to officially 'grade' the coin.  So they need it mint-wrapped.
If you haven't reached the coin with the amount of box opened, I would just tape it closed.  If you've opened it more, contact your buyer.