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expiredpunjabisoldier posted Dec 06, 2023 09:24 PM
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expiredpunjabisoldier posted Dec 06, 2023 09:24 PM

Costco Members: 1 Troy Ounce Canada Maple Leaf Gold Coin (New In Assay)

+ Free Shipping

$2,070

Costco Wholesale
120 Comments 32,190 Views
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Deal Details
Costco Wholesale has for their Members: 1 Troy Ounce Canada Maple Leaf Gold Coin (New In Assay) for $2069.99. Shipping is free.

Thanks to Community Member punjabisoldier for finding this deal.

Features:
  • 1 Troy Ounce 999.9 fine gold minted coin
  • Made by a LBMA Good Delivery Refiner
  • Bullion DNA Anti-Counterfeiting Technology, exclusive to the Royal Canadian Mint
  • Arrives in a Costco-exclusive sealed assay card

Editor's Notes

Written by SubZero5 | Staff
  • About this deal:
  • About this store:
    • This item is not eligible to be returned or refunded.
    • Item is not eligible for price adjustments.

Original Post

Written by punjabisoldier
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Costco Wholesale has for their Members: 1 Troy Ounce Canada Maple Leaf Gold Coin (New In Assay) for $2069.99. Shipping is free.

Thanks to Community Member punjabisoldier for finding this deal.

Features:
  • 1 Troy Ounce 999.9 fine gold minted coin
  • Made by a LBMA Good Delivery Refiner
  • Bullion DNA Anti-Counterfeiting Technology, exclusive to the Royal Canadian Mint
  • Arrives in a Costco-exclusive sealed assay card

Editor's Notes

Written by SubZero5 | Staff
  • About this deal:
  • About this store:
    • This item is not eligible to be returned or refunded.
    • Item is not eligible for price adjustments.

Original Post

Written by punjabisoldier

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119 Comments

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Dec 06, 2023 11:07 PM
944 Posts
Joined Nov 2011
jep08Dec 06, 2023 11:07 PM
944 Posts
Quote from chemman14 :
Wild, never heard of a coin shop paying $20 over spot. Need to find one of those!
Same. Most LCS arround me pay arround $40 to 50$ below the spot. Why don't they just order by themselves (could be below the spot) instead paying more to buy from a client? Not make sense to me.
1
Dec 06, 2023 11:08 PM
154 Posts
Joined Jan 2015
wmesallemDec 06, 2023 11:08 PM
154 Posts
Quote from jep08 :
Not my coin dealer. Last time I bring Pamp bar and American Eagle coin, he bought them for same price. He told me they're all gold and advised me to do not pay premium price just because of the name or the shape unless purchasing for collections.
Age current year can get buyback price of +30 if you look.
Dec 06, 2023 11:08 PM
484 Posts
Joined Dec 2017
Joedaddy123Dec 06, 2023 11:08 PM
484 Posts
Quote from wmesallem :
Local coin shops. But the thing is, I don't believe it's worth the leg work to try and sell. Currently spot is 2025. Best price on this is about 2030-2035 that I can see. So
You're down about 40 from the start. With cash back you got another 42. Not worth the potential shift in the last two days. But great if you buy and hold as it's cheaper than anywhere else.
Thanks. Just trying to unload the ones I bought at $1930. PAMP, I think it's called. Smilie
Dec 06, 2023 11:09 PM
409 Posts
Joined May 2006
EnfusionDec 06, 2023 11:09 PM
409 Posts
Quote from TMFINR :
It's false. I'll make $20 over spot selling these.
Where do you sell these?
Dec 06, 2023 11:09 PM
1,502 Posts
Joined Dec 2018
chemman14Dec 06, 2023 11:09 PM
1,502 Posts
Quote from jep08 :
Same. Most LCS arround me pay arround $40 to 50$ below the spot. Why don't they just order by themselves (could be below the spot) instead paying more to buy from a client? Not make sense to me.
Yeah I've only ever heard of shops paying at or below spot. No clue why any would pay over spot but I wouldn't argue with them.
1
Dec 06, 2023 11:09 PM
539 Posts
Joined May 2012
Arok79Dec 06, 2023 11:09 PM
539 Posts
Quote from TMFINR :
These will get a higher premium when selling. Do your DD before giving false information.
In USA the Gold Eagle gets best premium over any other coin, period. This coming straight from a big Boston MA dealer. Not sure where you are getting your information but you are wrong.
1
Dec 06, 2023 11:11 PM
154 Posts
Joined Jan 2015
wmesallemDec 06, 2023 11:11 PM
154 Posts
Quote from Joedaddy123 :
Thanks. Just trying to unload the ones I bought at $1930. PAMP, I think it's called. Smilie
Should atleast get spot. But coin dealers are becoming smarter and know you got them from Costco. If they are the only game in town expect up to spot minus 30, especially if they think you're flipping. These guys can order two from Costco as well. Smilie
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Dec 06, 2023 11:21 PM
539 Posts
Joined May 2012
Arok79Dec 06, 2023 11:21 PM
539 Posts
Quote from EliteDealHunter :
Anybody buy these to hold as a long term investment/hedge, or does everybody just try to flip them ASAP?
People buy PMs to flip? 😂😂
Dec 06, 2023 11:22 PM
122 Posts
Joined Jun 2016
PrestigeWorldwideDec 06, 2023 11:22 PM
122 Posts
Quote from EliteDealHunter :
Anybody buy these to hold as a long term investment/hedge, or does everybody just try to flip them ASAP?
Flip ASAP! Gold is a historically poor investment compared to treasuries or equities.
2
Dec 06, 2023 11:23 PM
1,502 Posts
Joined Dec 2018
chemman14Dec 06, 2023 11:23 PM
1,502 Posts
Quote from PrestigeWorldwide :
Flip ASAP! Gold is a historically poor investment compared to treasuries or equities.
Correct, if you're buying gold as an "investment" you're doing it wrong.
3
Dec 06, 2023 11:26 PM
1,591 Posts
Joined Nov 2005
KublakhanDec 06, 2023 11:26 PM
1,591 Posts
I like to buy precious metals, equities and bonds at their peak price. Should I buy these gold coins now. or wait a while?
1
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2
Dec 06, 2023 11:28 PM
1,502 Posts
Joined Dec 2018
chemman14Dec 06, 2023 11:28 PM
1,502 Posts
Quote from Kublakhan :
I like to buy precious metals, equities and bonds at their peak price. Should I buy these gold coins now. or wait a while?
You should get a crystal ball, or a new troll cave to live in.
2
Dec 06, 2023 11:30 PM
101 Posts
Joined Jan 2013
thunderbolt2kDec 06, 2023 11:30 PM
101 Posts
Will this qualify for Chase 5% rewards?
Dec 06, 2023 11:31 PM
19,432 Posts
Joined Sep 2003
beowulf7Dec 06, 2023 11:31 PM
19,432 Posts
Do banks buy gold (coins) or you have to take to jewelers and coin shops, where they'll lowball you (vs. spot price)?
1

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Dec 06, 2023 11:32 PM
2,728 Posts
Joined Mar 2012

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