AMERICAN PENSION INVESTORS TRUST, 485BPOS, EX-99.(J), 2000-09-29

AMERICAN PENSION INVESTORS TRUST
485BPOS, EX-99.(J), 2000-09-29

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                       CONSENT OF INDEPENDENT ACCOUNTANTS







           We hereby consent to the incorporation by reference in this
Post-Effective Amendment No. 31 to the registration statement on Form N-1A
("Registration Statement") of our report dated June 16, 2000, relating to the
financial statements and financial highlights which appear in the May 31, 2000
Annual Report to Shareholders of Growth Fund, Capital Income Fund, Multiple
Index Trust, Yorktown Classic Value Trust, and Treasuries Trust (comprising
American Pension Investors Trust), which are also incorporated by reference into
the Registration Statement. We also consent to the references to us under the
headings "Financial Highlights", and "Independent Accountants" in such
Registration Statement.

/s/ PricewaterhouseCoopers LLP
Baltimore, Maryland
September 29, 2000