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expired Posted by Srikanth1239 • Nov 17, 2023
expired Posted by Srikanth1239 • Nov 17, 2023

1 oz Gold Bar Rand Refinery (New in Assay) - $2029

$2,030

Costco Wholesale
62 Comments 20,296 Views
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Costco Wholesale [costco.com] has for their Members: 1 Troy Ounce Gold Bar Rand Refinery (New In Assay) for $2029.99 Shipping is free.

Note: A Costco Membership is required to purchase this item.

Features:
  • 1 Troy Ounce 999.9 fine gold minted bar
  • South African-made by a LBMA Good Delivery Refiner
  • Arrives in a sealed black assay card
  • Individually stamped with an unique serial number
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Deal Details
Community Notes
About the Poster
Costco Wholesale [costco.com] has for their Members: 1 Troy Ounce Gold Bar Rand Refinery (New In Assay) for $2029.99 Shipping is free.

Note: A Costco Membership is required to purchase this item.

Features:
  • 1 Troy Ounce 999.9 fine gold minted bar
  • South African-made by a LBMA Good Delivery Refiner
  • Arrives in a sealed black assay card
  • Individually stamped with an unique serial number

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62 Comments

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Pro
Nov 17, 2023
6,223 Posts
Joined Sep 2014
Nov 17, 2023
SlickSmiles
Pro
Nov 17, 2023
6,223 Posts
Quote from CoralDime7392 :
Seems a little pricy, especially since gold is almost at an all-time high.
*costly
1
Nov 17, 2023
2,285 Posts
Joined Nov 2008
Nov 17, 2023
dualityofman
Nov 17, 2023
2,285 Posts
Remember to hide your gold under your mattress like I do. My address is....😄
Nov 17, 2023
188 Posts
Joined Dec 2009
Nov 17, 2023
dj_rock
Nov 17, 2023
188 Posts
Costco price is usually close to gold future price but this is different. Gold future is 1983 but costco price is 2030 before taxes
Nov 17, 2023
20 Posts
Joined Mar 2016
Nov 17, 2023
Chiseen308
Nov 17, 2023
20 Posts
Finally got 2 (assuming no cancelation 🤞) helps me get to my sign up bonus and I want to see where gold prices are 1 year from now.
1
Nov 17, 2023
1,322 Posts
Joined Jun 2008
Nov 17, 2023
tC2009
Nov 17, 2023
1,322 Posts
Eligible for up to 5%CB from exec membership and Costco CC?
Nov 17, 2023
926 Posts
Joined Oct 2009
Nov 17, 2023
Ferrari9999
Nov 17, 2023
926 Posts
Quote from tC2009 :
Eligible for up to 5%CB from exec membership and Costco CC?
if you have Chase Freedom card then 2% executive and 5% chase freedom cashback
Nov 17, 2023
36 Posts
Joined Aug 2013
Nov 17, 2023
ManishJ4017
Nov 17, 2023
36 Posts
It is always out of stock

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Nov 17, 2023
701 Posts
Joined Sep 2011
Nov 17, 2023
gtr1022
Nov 17, 2023
701 Posts
Has anyone tried to place more than one order? Did one or both of the orders get canceled? I'm waiting for a confirmation
1
Nov 17, 2023
10,476 Posts
Joined Dec 2007
Nov 17, 2023
boosterjm
Nov 17, 2023
10,476 Posts
Quote from 575rider :
And $1899 before that. Gold spot has climbed.
I am referring to just few days, not weeks.
Nov 17, 2023
241 Posts
Joined Oct 2014
Nov 17, 2023
peterpan20031988
Nov 17, 2023
241 Posts
Not available. What does that mean?
Nov 17, 2023
105 Posts
Joined Nov 2014
Nov 17, 2023
dandan10
Nov 17, 2023
105 Posts
Quote from peterpan20031988 :
Not available. What does that mean?
Sold out
Nov 17, 2023
1,492 Posts
Joined Dec 2018
Nov 17, 2023
chemman14
Nov 17, 2023
1,492 Posts
Quote from elefante72 :
A backup plan for instance when the government shuts down the power grid, freezes your account, an invasion, or the government continuing to "print" money like never before. If you have no cash and one of these happen (you happen to have it all digital) this will get things done. Also gold's "value" is what is called stable coin meaning the price will go up or down with the strength or weakness of the dollar to other currencies (DXY). Alternatively crypto can be another alternative but it is digital and can fluctuate. It's also easier for governments to get their fingers on it if they really try.

Normally I would recommend get minted coins (canada dollar (maple leaf), us eagle, etc) because they have tradable value and can be above just the spot price. Simple gold bars should be priced lower.

These prices are not that good for just a bar and since this isn't Costcos main business you are going to pay a premium over a bullion broker.
Where can you get bars for less with a credit card?
Nov 17, 2023
1,492 Posts
Joined Dec 2018
Nov 17, 2023
chemman14
Nov 17, 2023
1,492 Posts
Quote from peterpan20031988 :
Not available. What does that mean?
Not available means you have to call them and ask really nicely and they will sell you one.
1
Nov 17, 2023
137 Posts
Joined Mar 2021
Nov 17, 2023
CyanLeopard7900
Nov 17, 2023
137 Posts
Had my order cancelled. Has anyone been told by Costco they limit gold to 2 bars per year, regardless of the item number? This explanation makes zero sense and I don't see anything besides limits on the specific item.

I bought one a on the previous deal and tried to get 2 this time.

Update: Costco's systems are garbage. Any limit listed by Costco will be checked over 8 biz days. After that, the limits refresh.
Last edited by CyanLeopard7900 November 17, 2023 at 03:42 PM.
1
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Nov 17, 2023
749 Posts
Joined Jul 2011
Nov 17, 2023
blueaurora
Nov 17, 2023
749 Posts
Quote from elefante72 :
A backup plan for instance when the government shuts down the power grid, freezes your account, an invasion, or the government continuing to "print" money like never before. If you have no cash and one of these happen (you happen to have it all digital) this will get things done. Also gold's "value" is what is called stable coin meaning the price will go up or down with the strength or weakness of the dollar to other currencies (DXY). Alternatively crypto can be another alternative but it is digital and can fluctuate. It's also easier for governments to get their fingers on it if they really try.

Normally I would recommend get minted coins (canada dollar (maple leaf), us eagle, etc) because they have tradable value and can be above just the spot price. Simple gold bars should be priced lower.

These prices are not that good for just a bar and since this isn't Costcos main business you are going to pay a premium over a bullion broker.
Most dealers only buy back coins at spot, unless it's a rare or proof coin. Effectively making this a better investment.

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