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expiredchemman14 posted Dec 18, 2023 06:49 PM
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expiredchemman14 posted Dec 18, 2023 06:49 PM

Costco Members: 100 Gram Gold Bar Rand Refinery (New in Assay) $6499.99

$6,500

$6,500

Costco Wholesale
63 Comments 31,564 Views
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Deal Details
Features:
24kt Gold
Item is Non-Refundable
Limit 2 Per Membership
Item is Not Eligible for Price Adjustments

https://www.costco.com/.product.1796444.html
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Deal Details
Community Notes
About the Poster
Features:
24kt Gold
Item is Non-Refundable
Limit 2 Per Membership
Item is Not Eligible for Price Adjustments

https://www.costco.com/.product.1796444.html

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63 Comments

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Dec 18, 2023 07:54 PM
3,919 Posts
Joined Oct 2007
dplaneDec 18, 2023 07:54 PM
3,919 Posts
Quote from alimda :
It's an investment, so where could you cash this when you need some cash?
Clearly the answer is Craig's List and accepting the offer to get a check, or be paid in dollar bills after agreeing to meet in a park or alley.
2
Dec 18, 2023 07:55 PM
579 Posts
Joined Dec 2023
ShrewdVest7049Dec 18, 2023 07:55 PM
579 Posts
Quote from HE1 :
I bought a bunch of coins back when 1 ounce was $300 Smilie good investment? Bwahaha
You would have made more money in the SPY than letting it sit in gold that long.
1
Dec 18, 2023 07:56 PM
497 Posts
Joined Apr 2006
TheStig540Dec 18, 2023 07:56 PM
497 Posts
How do you sell these if you ever need to redeem for money?
1
Dec 18, 2023 07:57 PM
682 Posts
Joined Nov 2012
DrSandbagsDec 18, 2023 07:57 PM
682 Posts
Quote from HE1 :
I bought a bunch of coins back when 1 ounce was $300 good investment? Bwahaha
Last time gold was $300/oz was April 2002. If you invested $300 in a SP500 Vanguard fund in that month, you'd have about $1,800 today assuming dividends reinvested. So a better return with gold but with much less diversification, so only you can say whether the additional $200 was worth the risk. Gains only matter when you sell. Last year, gold had fallen to the $1,600s before rebounding.
Dec 18, 2023 08:01 PM
1,327 Posts
Joined Nov 2011
WulfraxDec 18, 2023 08:01 PM
1,327 Posts
Quote from TheStig540 :
How do you sell these if you ever need to redeem for money?
eBay

OR

Post a deal for it on SlickDeals
Last edited by Wulfrax December 18, 2023 at 01:03 PM.
2
Dec 18, 2023 08:02 PM
27,123 Posts
Joined Jun 2005

This comment has been rated as unhelpful by Slickdeals users.

Dec 18, 2023 08:03 PM
1,642 Posts
Joined Jan 2013
Curb71Dec 18, 2023 08:03 PM
1,642 Posts
Quote from ionizer :
I don't come here to then go Google stuff

Everyone googling the same thing is inefficient
As if somebody is really going to spend $6,500 without checking themselves

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Dec 18, 2023 08:04 PM
33 Posts
Joined Mar 2016
snacksdailyDec 18, 2023 08:04 PM
33 Posts
Sold out now.

These larger bars will definitely be more difficult to liquidate, just FYI. One shop I normally sell to didn't want these, but the other offered 98% of spot (which would still be profitable after CC rewards here, as long as spot stays similar).
Dec 18, 2023 08:08 PM
3,827 Posts
Joined Jun 2005
GTinMIADec 18, 2023 08:08 PM
3,827 Posts
Quote from Sockey01 :
~$2021 per Troy OZ at this rate.
My math shows $1842 an ounce. Correct me if I'm wrong, all hail gold experts.

edit: I was looking at 14K prices not 24K.
Last edited by GTinMIA December 18, 2023 at 01:12 PM.
Original Poster
Dec 18, 2023 08:13 PM
1,502 Posts
Joined Dec 2018
chemman14
Original Poster
Dec 18, 2023 08:13 PM
1,502 Posts
Quote from GTinMIA :
My math shows $1842 an ounce. Correct me if I'm wrong, all hail gold experts.
your math is not correct
1
Dec 18, 2023 08:13 PM
2 Posts
Joined Nov 2023
MerryNose737Dec 18, 2023 08:13 PM
2 Posts
Quote from GTinMIA :
My math shows $1842 an ounce. Correct me if I'm wrong, all hail gold experts.

edit: I was looking at 14K prices not 24K.
Your math assumes oz and not Troy oz
Dec 18, 2023 08:31 PM
5 Posts
Joined Dec 2023
StrongCrib452Dec 18, 2023 08:31 PM
5 Posts
Sold Out
Dec 18, 2023 08:34 PM
174 Posts
Joined Aug 2011
cgshopperDec 18, 2023 08:34 PM
174 Posts
No HDMI
1
Original Poster
Dec 18, 2023 09:09 PM
1,502 Posts
Joined Dec 2018
chemman14
Original Poster
Dec 18, 2023 09:09 PM
1,502 Posts
Quote from cgshopper :
No HDMI
What do you mean?
2

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Dec 18, 2023 09:12 PM
28 Posts
Joined Sep 2015
goswim2Dec 18, 2023 09:12 PM
28 Posts
sold out
1

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