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1 Troy Ounce Gold Bar PAMP Lunar Legends Azure Dragon (New In Assay) Expired

$2000
$1,999.99
(Costco Members) + Free Shipping
+22 Deal Score
22,993 Views
Costco Wholesale has for its Members: 1 Troy Ounce Gold Bar PAMP Lunar Legends Azure Dragon (New In Assay) for $1999.99. Shipping is free.

Thanks community member chemman14 for sharing this deal

Note, you must be an active Costco Member signed into your account to view sale price and purchase. Limit of 2 per membership. Item is non-refundable.

About this Product:
  • 1 Troy Ounce 999.9 fine gold minted bar with a proof-like finish
  • Swiss-made by a LBMA Good Delivery Refiner
  • Each bar is individually controlled, registered, and secured within protective CertiPAMP packaging
  • Each assay card is covered with a thin, removable protective film and accompanying envelope

Original Post

Written by
Edited November 8, 2023 at 12:05 PM by
1oz 999.9 fine gold minted bar with a proof-like finish
Swiss-made by a LBMA Good Delivery Refiner
Each bar is individually controlled, registered, and secured within protective CertiPAMP™ packaging
Each assay card is covered with a thin, removable protective film and accompanying envelope

https://www.costco.com/.product.1..._hero_pamp
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$2000
$1,999.99

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Joined Apr 2005
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> bubble2 1,066 Posts
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Jayman007
11-08-2023 at 04:43 PM.
11-08-2023 at 04:43 PM.
Quote from chemman14 :
Had you already bought a dragon? Also, that dummy is definitely trolling.
No. I did place 2 orders today for 1 bar each. They processed the orders and sent me confirmation. I could see both holds on my CC. Then they canceled the last order. I called cosco.com and they said they ran out of stock.
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Joined Apr 2005
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Jayman007
11-08-2023 at 04:46 PM.
11-08-2023 at 04:46 PM.
Quote from cato_x3 :
I got one minutes after this deal was posted and I just got a cancellation email. I did get two last week so maybe I am over their limit. There wasn't a reason on the email.
I put in 2 orders today for 1 bar each. They canceled one of them. I have never bought gold bars from Costco before. When I called to ask why the cancelled, they told me they ran out.
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Joined Aug 2010
L6: Expert
> bubble2 1,824 Posts
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RickRupps
11-08-2023 at 05:03 PM.
11-08-2023 at 05:03 PM.
is there a limit to it ?
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Joined Dec 2012
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MMPG
11-08-2023 at 05:28 PM.
11-08-2023 at 05:28 PM.
Every single time I see this deal, it's OOS...Frown
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Joined Aug 2015
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SlySol
11-08-2023 at 05:41 PM.
11-08-2023 at 05:41 PM.
Quote from Jayman007 :
No. I did place 2 orders today for 1 bar each. They processed the orders and sent me confirmation. I could see both holds on my CC. Then they canceled the last order. I called cosco.com and they said they ran out of stock.
Yeah, I've actually seen at least one or two other people mention getting a cancellation when ordering two bars in separate orders like that. Not sure if they have something that knocks out second orders by default or maybe they bump any second orders from a single account at the end of the queue and don't fill them unless the supply makes it all the way around other accounts first.
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Joined Jan 2011
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119frank
11-08-2023 at 09:23 PM.
11-08-2023 at 09:23 PM.
Quote from chemman14 :
Tax depends on your states tax policy on bullion. Yes this is the highest it's been above spot ever I think.

In CA buying 2 with no tax but 1 you'll pay tax. Don't know the logic behind it.
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SlySol
11-08-2023 at 09:55 PM.
11-08-2023 at 09:55 PM.
Quote from 119frank :
In CA buying 2 with no tax but 1 you'll pay tax. Don't know the logic behind it.
It's not the quantity, it's the dollar amount that matters. You'll pay taxes on a gold transaction under $2000 but not if it's over that. So you used to need to buy two to skirt taxes, but you just need one when the price is over $2000. The threshold used to be $1500, but it changed to $2000 somewhat recently.

Here's a breakdown by state (although it hasn't updated the CA rule to the new $2000 cutoff yet)

https://noblegoldinvestments.com/...nd-silver/
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Last edited by SlySol November 8, 2023 at 10:02 PM.

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Joined Nov 2014
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> bubble2 5,937 Posts
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ftee123
11-08-2023 at 10:52 PM.
11-08-2023 at 10:52 PM.
Quote from 119frank :
In CA buying 2 with no tax but 1 you'll pay tax. Don't know the logic behind it.
I bought one online and there was no tax
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Joined Aug 2017
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PuckS9852
11-09-2023 at 06:42 AM.
11-09-2023 at 06:42 AM.
Quote from chemman14 :
What "11 year old ale" is worth considerably more than what you put into it?

I can guarantee you $2000 worth of bud light bought today will not be worth anything in 10 years.
I'm sorry, you want me to explain beer aging to you?
https://revbrew.com/beer/archive/...nuary-2020
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chemman14
11-09-2023 at 06:51 AM.
11-09-2023 at 06:51 AM.
Quote from PuckS9852 :
I'm sorry, you want me to explain beer aging to you?
https://revbrew.com/beer/archive/...nuary-2020

Baahahahahahahahhaahhahahahahahahahahahahahahahahahah that beer is absolutely not worth more than you paid, and definitely not worth considerably more. The secondary beer market has been dead for a while now. The only beer that may be worth more than what you paid would be certain lambic. Even those, no.
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Joined Aug 2017
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PuckS9852
11-09-2023 at 07:26 AM.
11-09-2023 at 07:26 AM.
Quote from chemman14 :
Baahahahahahahahhaahhahahahahahahahahahahahahahahahah that beer is absolutely not worth more than you paid, and definitely not worth considerably more. The secondary beer market has been dead for a while now. The only beer that may be worth more than what you paid would be certain lambic. Even those, no.
buddy, I said that it was worth more than the ingredients cost
I never said buying pre-made beer is an investment decision.
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Joined Dec 2018
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chemman14
11-09-2023 at 08:12 AM.
11-09-2023 at 08:12 AM.
Quote from PuckS9852 :
buddy, I said that it was worth more than the ingredients cost
I never said buying pre-made beer is an investment decision.

Quote from PuckS9852 :
buddy, I said that it was worth more than the ingredients cost
I never said buying pre-made beer is an investment decision.
No, you didn't. You said "I am currently aging an 11-year-old ale that is worth considerably more than what I put into it, but I disgress".

First of all, that beer is not an 11 year old ale, it's the 10th anniversary beer for rev brewing. You did not put the ingredients into the beer. What you put into it was buying it from the store.

However, let's just pretend that you said it's worth more than the ingredients cost, so is gold. It's worth more than what it costs to mine it.
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PuckS9852
11-09-2023 at 09:31 AM.
11-09-2023 at 09:31 AM.
Quote from chemman14 :


No, you didn't. You said "I am currently aging an 11-year-old ale that is worth considerably more than what I put into it, but I disgress".

First of all, that beer is not an 11 year old ale, it's the 10th anniversary beer for rev brewing. You did not put the ingredients into the beer. What you put into it was buying it from the store.

However, let's just pretend that you said it's worth more than the ingredients cost, so is gold. It's worth more than what it costs to mine it.
So, this is CLEARLY confusing you.
1. I have an 11 year old barley wine aging in my house. I made it. It is worth considerably more than the grain bill from when I produced it
2. I posted an example of an "old ale" so that you would know that the style of beer exists. Im pretty sure that beer I linked hasn't even been put out for sale yet.

"put into it"=ingredients.

As for the mining? Not really.
If the value of the gold was significantly more than the mining, then we would have a gold rush scenario. Meaning that companies would be going crazy trying to squeeze out gold from every rock
Instead, we see the largest gold mining operation actively selling off mines: https://www.bloomberg.com/news/ar...ion-closes
Now, are they profitable? Sure. But not outrageously profitable.
They are profitable as Target or many other companies.

But here is the difference. They will lose their asses if gold prices crater. Gold is mostly used for jewelry(45% of the market). If jewelry production goes down and goldbugs like you don't start buying, we will quickly see the price of gold crater, as it did in the past. Why? Because gold's value only exists in the market and the market can be fickle.
Beer on the other hand? Beer has stayed pretty consistent in pricing for thousands of years.
In fact, beer was so important to the Romans that they put it on their gold coins.I suppose in hopes that the very important beer would lend some value to their worthless gold

But, don't trust me, I've only actually worked in the metal mining/refining industry. What would I know
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Last edited by PuckS9852 November 9, 2023 at 09:53 AM.
Joined Dec 2013
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HogHog
11-09-2023 at 10:27 AM.
11-09-2023 at 10:27 AM.
For executive members, do these purchases give 2% back?
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Joined Dec 2018
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chemman14
11-09-2023 at 10:40 AM.
11-09-2023 at 10:40 AM.
Quote from HogHog :
For executive members, do these purchases give 2% back?
Yes they do.
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