Heads up, deal hunters! The U.S. Mint is dropping a new coin tomorrow, October 10th, at noon ET – the 250th Anniversary United States Navy American Eagle One Ounce Silver Proof Coin. Each coin costs $105 plus $5.95 shipping, and there's a limit of one per person.

Here's why this matters to you: You can potentially flip this coin for a quick profit! Coin buyers are often willing to pay a premium for these limited-edition releases. Doctor of Credit anticipates you should be able to lock in a deal with a coin buyer for at least $60 or more in profit on the sale. To minimize risk, it's best to secure a deal with a reputable buyer before you even buy the coin. You can also hold onto it and see if the value goes up later, but that's a gamble.

One important tip: Be careful about which credit card you use! Some credit cards treat purchases from the U.S. Mint as a cash advance, which means fees and no rewards points. Check Doctor of Credit's post (linked in the original article) for a list of cards that code as cash advances and the best cards to use. Happy minting!