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Costco Gold. Fact Or Fiction?

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Jaobler's Avatar
United States
6385 Posts
 Posted 09/09/2024  9:44 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
I was at Costco a few weeks ago and they had Pamp Suisse 1-oz bars priced at $2549.99. At that time the spot price was over $2500 so the price was good, especially if the 2% executive member rebate applies. Didn't think my spouse would approve so I passed.

Next week they were apparently sold out.
Edited by Jaobler
09/09/2024 9:45 pm
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jbuck's Avatar
United States
188660 Posts
 Posted 09/10/2024  10:28 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I was at Costco a few weeks ago and they had Pamp Suisse 1-oz bars priced at $2549.99.

Quote:
At that time the spot price was over $2500 so the price was good, especially if the 2% executive member rebate applies.

Quote:
Didn't think my spouse would approve so I passed.

Quote:
Next week they were apparently sold out.
Valued Member
Canada
128 Posts
 Posted 10/18/2024  08:04 am  Show Profile   Bookmark this reply Add sbr to your friends list Get a Link to this Reply
A magazine I recently bought said Costco is not releasing sales figures on its gold sales.It took a guess at 200 million a month , at $ 2,700 I am surprised at the buying.
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Jaobler's Avatar
United States
6385 Posts
 Posted 11/02/2024  10:16 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Should have bought at $2549.99. They had gold at Costco today, for $2799.99.
Maybe in a couple months I'll regret having passed again.
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jbuck's Avatar
United States
188660 Posts
 Posted 11/03/2024  1:23 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Should have bought at $2549.99. They had gold at Costco today, for $2799.99.


Quote:
Maybe in a couple months I'll regret having passed again.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 11/03/2024  10:05 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
No silver or gold at Costco today, but a friend I know picked up a silver 10-oz bar there a couple of months ago.
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jbuck's Avatar
United States
188660 Posts
 Posted 11/05/2024  11:08 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
No silver or gold at Costco today, but a friend I know picked up a silver 10-oz bar there a couple of months ago.
Very nice!
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Jaobler's Avatar
United States
6385 Posts
 Posted 12/12/2024  12:48 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
OK, this time I couldn't pass up the deal.

Spot price of gold yesterday was about $2720. The Costco price was $2699.99. With the executive Costco membership I supposedly get 2% cash back on all purchases. I paid with a credit cart that supposedly gives me 4% cash rewards on all purchases. Assuming I'm not misunderstanding the discount terms, my net cost of this 1-ounce bar should be:

$2699.99 - $54 - $108 = $2537.99.

I'll have to wait almost a year to get my Coscto rebate and I'll have to pay off the credit card in full next month, but maybe I did OK. It's a nice-looking bar, anyway.

Costco-Gold.-Fact-Or-Fiction?
Costco-Gold.-Fact-Or-Fiction?
Pillar of the Community
United States
2233 Posts
 Posted 12/12/2024  1:45 pm  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
Nice bar Jaobler. Below is pic at my Costco last month, 10 oz silver Pamp bar and 1 oz Pamp gold bar. A while back they had 2024 1 oz gold buffalo and 2024 1 oz gold American Eagle in red, white, blue assay cards, I bought one each. If you are a Costco member the metals prices are pretty good compared to online dealers.

Costco-Gold.-Fact-Or-Fiction?
Edited by livingwater
12/12/2024 1:48 pm
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jbuck's Avatar
United States
188660 Posts
 Posted 12/12/2024  2:55 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
OK, this time I couldn't pass up the deal...
Looks like a decent deal!
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BearlyHere's Avatar
United States
84 Posts
 Posted 12/24/2024  4:07 pm  Show Profile   Bookmark this reply Add BearlyHere to your friends list Get a Link to this Reply
Not always Eagles or Buffs...frequently Pamp bars.
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Jaobler's Avatar
United States
6385 Posts
 Posted 11/04/2025  6:51 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
FYI, Costco had gold bars again yesterday. The 1-ounce Pamp bar was priced at $4,189.
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jbuck's Avatar
United States
188660 Posts
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