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1 oz Gold Bar Rand Refinery (New in Assay)� | Costco $1949.99

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Joined Dec 2009
L4: Apprentice
> bubble2 470 Posts
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sd69
09-26-2023 at 04:58 PM.
09-26-2023 at 04:58 PM.
Do they have any Egyptian 1 kilo gold bars? Asking for friend in NJ.
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Joined Nov 2012
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> bubble2 50 Posts
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hka2000
09-26-2023 at 05:02 PM.
09-26-2023 at 05:02 PM.
Quote from mrmochi :
He means the spot price. Agree this is a terrible deal. $50 over spot, hard pass!

Need to be no more than $30 over spot or AT spot


Rand refinery also sucks. Pamp is better

is there any reason Pamp is better? don't know much about these but curious
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Joined Dec 2008
L3: Novice
> bubble2 140 Posts
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shtarker
09-26-2023 at 05:09 PM.
09-26-2023 at 05:09 PM.
Where would one sell gold bars?
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Joined Dec 2010
L2: Beginner
> bubble2 66 Posts
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tegeras
09-26-2023 at 05:10 PM.
09-26-2023 at 05:10 PM.
Quote from illegal_alien :
No, it does not. The price is still $1950. You get a $78 coupon good at Costco only a year from now and have to pay $120 for it.
For someone that does not have executive membership and only planned on making this one purchase, then yeah. For everyone else that already has executive membership, then no.
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Joined Nov 2019
L4: Apprentice
> bubble2 327 Posts
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FaithfulActivity294
09-26-2023 at 05:19 PM.
09-26-2023 at 05:19 PM.
Quote from shtarker :
Where would one sell gold bars?

Local pawn shops, safer bet as you'll get cash instant. But they offer way lower than spot price. Try calling them to check selling price before you purchase incase you're looking to flip
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Joined Apr 2016
L109: Grand Master
> bubble2 232 Posts
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ongoleGitta
09-26-2023 at 05:23 PM.
09-26-2023 at 05:23 PM.
Showing OOS for me
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Joined Feb 2011
L3: Novice
> bubble2 219 Posts
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firehawk407
09-26-2023 at 05:25 PM.
09-26-2023 at 05:25 PM.
Quote from shtarker :
Where would one sell gold bars?

I called a local coin shop and they said they would likely pay the spot price for something like this, but they said I'd have to bring it in to be sure
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Joined Dec 2005
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> bubble2 3,992 Posts
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mrmochi
09-26-2023 at 05:36 PM.
09-26-2023 at 05:36 PM.
Quote from hka2000 :
is there any reason Pamp is better? don't know much about these but curious
Recognition. Most know Pamp Suisse. Not many know of Rand bars.

It's like Maples vs Eagles vs Kruggerrands. Same product (999 & 9999 gold) but different brands
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Joined Aug 2015
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> bubble2 3,311 Posts
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SlySol
09-26-2023 at 05:40 PM.
09-26-2023 at 05:40 PM.
Quote from shtarker :
Where would one sell gold bars?
The link below lists local dealers by area and is often a good place to start making some calls, as they're usually offer way better prices than pawnbrokers or places like that ..

https://www.jmbullion.com/local/
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Joined Nov 2014
Slickuser.
> bubble2 302 Posts
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the.invincible
09-26-2023 at 06:03 PM.
09-26-2023 at 06:03 PM.
Out of stock. Costco gold price ~ (Spot Price + 40). Same bar was $1970 when Spot was $1930. Now Spot is around $1910. You could flip this bar for 98% of Spot Price. I checked with my local precious metal shop they are offering 98%. You can flip to pawn shop or to person for closer to Spot price. You could get 99% or 100% of spot price. However $78 cash back to costco executive member bring down the cost of the the gold down to $1872. Which happens to be the 98% of the spot price. Only worth it if you are trying to meet spending threshold of a new credit card.
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Joined Sep 2009
L6: Expert
> bubble2 1,476 Posts
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TriggrHppyTiggr
09-26-2023 at 06:28 PM.
09-26-2023 at 06:28 PM.
Bob menendez has entered the chat
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Joined Oct 2007
L5: Journeyman
> bubble2 951 Posts
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MikeyMike01
09-26-2023 at 07:13 PM.
09-26-2023 at 07:13 PM.
Gold is not a great investment
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Joined Jan 2010
Give me wings to fly
> bubble2 13,723 Posts
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Ride_The_Sky
09-26-2023 at 07:19 PM.
09-26-2023 at 07:19 PM.
Buy Costco stocks instead.
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Joined Jan 2018
L3: Novice
> bubble2 122 Posts
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astonerii
09-27-2023 at 06:23 AM.
09-27-2023 at 06:23 AM.
That expired quickly.
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Joined Jun 2005
L6: Expert
> bubble2 1,674 Posts
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dissident
09-27-2023 at 10:22 AM.
09-27-2023 at 10:22 AM.
If Costco can keep these stocked I'll upgrade my membership to get 2% back and buy 10-15 of these.
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