Costco Wholesale has for its
Members: 1 Troy Ounce Gold Bar PAMP Lunar Legends Azure Dragon (New In Assay) for
$2069.99.
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. Item is not eligible for price adjustments.
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
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24kt Gold
Item is Non-Refundable
Limit 2 Per Membership
Item is Not Eligible for Price Adjustments
https://www.costco.com/.product.1...ue
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I was confused how Costco could afford to sell with such a low premium while still accepting credit cards. Then I looked it up and they have an exclusive deal with Visa at a reported 0.4% CC processing fee (most merchants pay 1.5-2.5%+) So they're only eating ~$8 per bar sold in CC fees.
That said, I still doubt they're making much money on these, at least for Executive members. But I'll keep riding the train!
I was confused how Costco could afford to sell with such a low premium while still accepting credit cards. Then I looked it up and they have an exclusive deal with Visa at a reported 0.4% CC processing fee (most merchants pay 1.5-2.5%+) So they're only eating ~$8 per bar sold in CC fees.
That said, I still doubt they're making much money on these, at least for Executive members. But I'll keep riding the train!
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It used to be Amex only but they switched to Visa years ago.
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