CERTIFICATION
Pursuant to Rule 497(j), American Pension Investors Trust (1933 Act File No.
2-96538, 1940 Act File No. 811-04262) hereby certifies (a) that the form of
Statement of Additional Information used with respect to it does not differ from
the Statement of Additional Information contained in Post-Effective Amendment
No. 29 ("Amendment No. 29") to its Registration Statement and (b) that Amendment
No. 29 was filed electronically.
AMERICAN PENSION INVESTORS TRUST
Dated: September 29, 1998 By: /S/ CHARLES D. FOSTER
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Charles D. Foster
Chief Financial Officer