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expiredchemman14 posted Dec 13, 2023 07:33 PM
expiredchemman14 posted Dec 13, 2023 07:33 PM

1 Troy Ounce Gold Bar PAMP Suisse Lady Fortuna Veriscan (New In Assay)

(Costco Members) + Free Shipping

$2,030

Costco Wholesale
96 Comments 46,988 Views
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Deal Details
Costco Wholesale has for its Members: 1 Troy Ounce Gold Bar PAMP Suisse Lady Fortuna Veriscan (New In Assay) for $2029.99. 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
  • VERISCAN Bullion Identification Security System & iPhone App 
  • Carbon Neutral certified by the Carbon Trust in accordance with the international PAS 2060 Carbon Neutrality Standard, identified by a 'footprint' label
  • Each bar is individually controlled, registered, and secured within protective CertiPAMP packaging with an official Assay Certificate and a digital certificate accessed with a QR Code. Each assay card is covered with a thin removable protective film
Veriscan Technology:
  • PAMP Suisse's exclusive Veriscan technology uses the metal's microscopic topography, like a fingerprint, to identify any registered product, aiding in the detection of counterfeits. Each bar is scanned upon production and when scanned by the customer, is further verified by the Veriscan database. Veriscan is available as a creative and convenient mobile app, or as a PC software system for use with a traditional document scanner and the PAMP bullion-positioning frame.

Editor's Notes

Written by SubZero5 | Staff

Original Post

Written by chemman14
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Costco Wholesale has for its Members: 1 Troy Ounce Gold Bar PAMP Suisse Lady Fortuna Veriscan (New In Assay) for $2029.99. 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
  • VERISCAN Bullion Identification Security System & iPhone App 
  • Carbon Neutral certified by the Carbon Trust in accordance with the international PAS 2060 Carbon Neutrality Standard, identified by a 'footprint' label
  • Each bar is individually controlled, registered, and secured within protective CertiPAMP packaging with an official Assay Certificate and a digital certificate accessed with a QR Code. Each assay card is covered with a thin removable protective film
Veriscan Technology:
  • PAMP Suisse's exclusive Veriscan technology uses the metal's microscopic topography, like a fingerprint, to identify any registered product, aiding in the detection of counterfeits. Each bar is scanned upon production and when scanned by the customer, is further verified by the Veriscan database. Veriscan is available as a creative and convenient mobile app, or as a PC software system for use with a traditional document scanner and the PAMP bullion-positioning frame.

Editor's Notes

Written by SubZero5 | Staff

Original Post

Written by chemman14

Community Voting

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Top Comments

Dr. J
39319 Posts
5538 Reputation
Check your state.

https://noblegoldinvestments.com/...nd-silver/

Alabama: No sales tax on bullion
Alaska: No sales tax at a state level
Arizona: No sales tax on bullion
Arkansas: 6.5% on all precious metal sales
California: 7.5% on transactions below $1,500
Colorado: No sales tax on most precious metals
Connecticut: 6% on purchase values below $1,000
Delaware: No sales tax
Florida: 6% on values below $500, with an exemption for legal tender
Georgia: No sales tax
Hawaii: 4% general excise tax paid by the seller, often added to the purchase price
Idaho: No sales tax
Illinois: 6.25% on South African Krugerrands only, all other bullion is exempt
Indiana: No tax on high-purity bullion, 7% on other types of precious metal
Iowa: No sales tax
Kansas: No sales tax
Kentucky: 6% on all orders
Louisiana: No tax on precious metals
Maine: 5% flat rate
Maryland: 6% on order values below $1,000
Massachusetts: 6.25% on transactions below $1,000
Michigan: No sales tax on high-purity bullion
Minnesota: 6.88%
Mississippi: 7%
Missouri: No sales tax on high-purity bullion
Montana: No sales tax
Nebraska: No sales tax
Nevada: 6.85% with some exemptions
New Hampshire: No sales tax
New Jersey: 7%
New Mexico: 5% paid by the seller
New York: 4% on transactions below $1,000
North Carolina: No sales tax
North Dakota: 5%, but with high-purity bullion exempt
Ohio: Basic sales tax of 5.75% applies to silver and gold bezels, high-purity bullion is exempt
Oklahoma: No sales tax on precious metals
Oregon: No sales tax on any precious metals purchase
Pennsylvania: 6% on silver and gold coins which are not legal tender, bullion is exempt
Rhode Island: 7% tax applies only to bullion that's not been refined or smelted
South Carolina: Most precious metals are exempt, but some coins and processed items attract 6%
South Dakota: No sales tax on investment-grade bullion or legal tender
Tennessee: No sales tax on gold or silver bullion
Texas: No sales tax on gold or silver bullion
Utah: A 4.75% tax applies to bullion with purity below 50%
Vermont: 6% on all precious metal transactions
Virginia: 5.3% levied on all precious metals with no exemptions
Washington: No tax on any non-collectible precious metals
West Virginia: Investment-grade bullion and coins are tax-exempt
Wisconsin: A 5% tax on all precious metal purchases
Wyoming: A basic 4% rate on all precious metal purchases

95 Comments

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Dec 13, 2023 08:02 PM
750 Posts
Joined Sep 2011
d_wave27Dec 13, 2023 08:02 PM
750 Posts
Quote from chemman14 :
Wow, to what sucker? Gold hasn't been that high for two weeks.
This dude in NYC keeps buying them from me for 2075 cash. First two was when spot was around 2080 briefly. Last two was when it was 2020 but still paid 2075. I guess that's cheaper than most shops still.
1
Original Poster
Dec 13, 2023 08:03 PM
1,502 Posts
Joined Dec 2018
chemman14
Original Poster
Dec 13, 2023 08:03 PM
1,502 Posts
Quote from d_wave27 :
This dude in NYC keeps buying them from me for 2075 cash. First two was when spot was around 2080 briefly. Last two was when it was 2020 but still paid 2075. I guess that's cheaper than most shops still.
Wild, I'd sell him my whole stack and just rebuy haha.
1
Dec 13, 2023 08:04 PM
31 Posts
Joined Aug 2017
the_dead_duckDec 13, 2023 08:04 PM
31 Posts
What are folks doing with these? Where are these sold when they appreciate in value?
Dec 13, 2023 08:08 PM
2 Posts
Joined Nov 2015
Nikv06Dec 13, 2023 08:08 PM
2 Posts
Is this a good deal?
2
Pro
Dec 13, 2023 08:10 PM
39,319 Posts
Joined Nov 2005
Dr. J
Pro
Dec 13, 2023 08:10 PM
39,319 Posts
Quote from the_dead_duck :
What are folks doing with these? Where are these sold when they appreciate in value?

Some people buy to more or less hold, but it seems a common tactic on SD is to buy and flip immediately. Basically you're scraping CC and executive cash back if you can sell for whatever you paid for them. the major issue being that spot varies so much you could find yourself losing money on top of your CC benefits.
1
Dec 13, 2023 08:12 PM
705 Posts
Joined Nov 2006
kromixDec 13, 2023 08:12 PM
705 Posts
So do these gold purchases qualify for the 2% executive member annual reward? And if so it's a no brainer to upgrade if ur gonna buy these pretty often right ?
Pro
Dec 13, 2023 08:15 PM
4,244 Posts
Joined Apr 2009
emofals
Pro
Dec 13, 2023 08:15 PM
4,244 Posts
Going to wait for it to go to $1950 maybe?
3

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Original Poster
Dec 13, 2023 08:15 PM
1,502 Posts
Joined Dec 2018
chemman14
Original Poster
Dec 13, 2023 08:15 PM
1,502 Posts
Quote from kromix :
So do these gold purchases qualify for the 2% executive member annual reward? And if so it's a no brainer to upgrade if ur gonna buy these pretty often right ?
Yes they do, surprisingly.
1
Dec 13, 2023 08:19 PM
827 Posts
Joined Sep 2013
mjspamDec 13, 2023 08:19 PM
827 Posts
Im seeing tax on this. Is bullion at taxable item?
Dec 13, 2023 08:19 PM
17 Posts
Joined Dec 2017
punjabisoldierDec 13, 2023 08:19 PM
17 Posts
1oz gold for $2059.99 at Costco.com


https://www.costco.com/1-oz-gold-...86760.html
2
Pro
Dec 13, 2023 08:21 PM
39,319 Posts
Joined Nov 2005
Dr. J
Pro
Dec 13, 2023 08:21 PM
39,319 Posts
Quote from kromix :
So do these gold purchases qualify for the 2% executive member annual reward? And if so it's a no brainer to upgrade if ur gonna buy these pretty often right ?
Yes they do but keep in mind executive CB is limited to $1000. These will get you about $40 or so, each.
Last edited by Dr. J December 13, 2023 at 01:24 PM.
1
Dec 13, 2023 08:22 PM
974 Posts
Joined Nov 2005
KatmanDec 13, 2023 08:22 PM
974 Posts
Quote from mjspam :
Im seeing tax on this. Is bullion at taxable item?
Depends on your state.
Pro
Dec 13, 2023 08:22 PM
39,319 Posts
Joined Nov 2005
Dr. J
Pro
Dec 13, 2023 08:22 PM
39,319 Posts

Our community has rated this post as helpful. If you agree, why not thank Dr. J

Quote from mjspam :
Im seeing tax on this. Is bullion at taxable item?

Check your state.

https://noblegoldinvestments.com/...nd-silver/

Alabama: No sales tax on bullion
Alaska: No sales tax at a state level
Arizona: No sales tax on bullion
Arkansas: 6.5% on all precious metal sales
California: 7.5% on transactions below $1,500
Colorado: No sales tax on most precious metals
Connecticut: 6% on purchase values below $1,000
Delaware: No sales tax
Florida: 6% on values below $500, with an exemption for legal tender
Georgia: No sales tax
Hawaii: 4% general excise tax paid by the seller, often added to the purchase price
Idaho: No sales tax
Illinois: 6.25% on South African Krugerrands only, all other bullion is exempt
Indiana: No tax on high-purity bullion, 7% on other types of precious metal
Iowa: No sales tax
Kansas: No sales tax
Kentucky: 6% on all orders
Louisiana: No tax on precious metals
Maine: 5% flat rate
Maryland: 6% on order values below $1,000
Massachusetts: 6.25% on transactions below $1,000
Michigan: No sales tax on high-purity bullion
Minnesota: 6.88%
Mississippi: 7%
Missouri: No sales tax on high-purity bullion
Montana: No sales tax
Nebraska: No sales tax
Nevada: 6.85% with some exemptions
New Hampshire: No sales tax
New Jersey: 7%
New Mexico: 5% paid by the seller
New York: 4% on transactions below $1,000
North Carolina: No sales tax
North Dakota: 5%, but with high-purity bullion exempt
Ohio: Basic sales tax of 5.75% applies to silver and gold bezels, high-purity bullion is exempt
Oklahoma: No sales tax on precious metals
Oregon: No sales tax on any precious metals purchase
Pennsylvania: 6% on silver and gold coins which are not legal tender, bullion is exempt
Rhode Island: 7% tax applies only to bullion that's not been refined or smelted
South Carolina: Most precious metals are exempt, but some coins and processed items attract 6%
South Dakota: No sales tax on investment-grade bullion or legal tender
Tennessee: No sales tax on gold or silver bullion
Texas: No sales tax on gold or silver bullion
Utah: A 4.75% tax applies to bullion with purity below 50%
Vermont: 6% on all precious metal transactions
Virginia: 5.3% levied on all precious metals with no exemptions
Washington: No tax on any non-collectible precious metals
West Virginia: Investment-grade bullion and coins are tax-exempt
Wisconsin: A 5% tax on all precious metal purchases
Wyoming: A basic 4% rate on all precious metal purchases
1
1
Original Poster
Dec 13, 2023 08:22 PM
1,502 Posts
Joined Dec 2018
chemman14
Original Poster
Dec 13, 2023 08:22 PM
1,502 Posts
Quote from mjspam :
Im seeing tax on this. Is bullion at taxable item?
Apparently so for your state.
1

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Original Poster
Dec 13, 2023 08:23 PM
1,502 Posts
Joined Dec 2018
chemman14
Original Poster
Dec 13, 2023 08:23 PM
1,502 Posts
Quote from Dr. J :
Yes they do but keep in mind executive CB is limited to $2000. These will get you about $40 or so, each.
$1000 actually.
1

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