Costco Wholesale has for its
Members:
1 Troy Ounce Gold Bar PAMP Suisse Lady Fortuna Veriscan (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
- 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.
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Top Comments
Sometimes I wish Costco wasn't so lenient and stood firm a little. You're just taking advantage.
Something like this being shipped and Costco wouldn't have double and triple checks in place to ensure the product is going out correctly?
And they are shipping overnight with signature required via UPS. I know sometimes the delivery person might be faking a customer's signature and leaving it at the door but that's not the norm.
104 Comments
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For resale value, is it important to keep it in the package? I'm thinking of an investment/fidget use case. Possibly an expensive and idiotic idea, but it's heavier than Tungsten and holds its value. Assuming it's not stolen first....
For Fidget use, I don't know if you've held 1oz of gold before, but holy shit it's heavy you need 2 hands to fidget that around lol... I can't see you using one hand and a couple fingers to fidget this thing, massive hand fatigue... Or maybe you are 7 feet 10" tall.... Maybe you can pair up with our friend above and use the high ROI lawnmowers as fidget spinners!!!
Brought a smile to my face, never ever ever expected someone wanting to use a 1oz gold bar as a fidget toy lol..... I would say if ur going to fidget try to get a 1gram pamp bar, 1oz is wayyy too heavy!
But that 5.25% BOA is only up to $2,500 per quarter right? That's blown on half of your first order....
You do know they release a mix of bars, coins, and sizes right? I'm easily clearing 20k a month. I'm Executive Platinum on AA with 780k loyalty points this year thanks to this. I don't think I can do that with $100 bulky lawn mowers.
Sometimes they release bars worth $6300, so one order alone is $12k, with the average order being $4200 at least 5-6 times a month on the low end you do the math, I'm doing 20k a month with my eyes closed I'm blowing past that.
So in your example, I can buy 60 huge mowers put them all over my house (assuming I can even buy 60 of them) and then become an eBay mower reseller and make a bunch of trips to the ups store to ship them? I mean it sounds like a great setup for a low income gig earner for a side hustle I guess but that's a shit ton of work and storage space.
I'm putting 20k+ sometimes over 30k worth of tiny little gold bars delivered to my house and then I drop them off at one place once a month and all 20-30k++ worth fit inside my tiny Fanny pack…. Talking about ROT, "return on time" compared to those lawn mowers. I hope you rented a U-Haul for the month and a storage unit so your wife doesn't kill you for having lawn mowers in the kitchen pantry!!
I'm signing off, it was fun, but your examples are ridiculous and you have no bearing on either the gold markets or the Costco gold sales, because I'm easily clearing $20,000 USD in gold and many are too.
I have a local buyer in my city.
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For resale value, is it important to keep it in the package? I'm thinking of an investment/fidget use case. Possibly an expensive and idiotic idea, but it's heavier than Tungsten and holds its value. Assuming it's not stolen first....
https://slickdeals.net/f/17297152-costco-members-1-oz-gold-bar-pamp-suisse-lady-fortuna-veriscan-new-in-assay-2049-99?t=17297152
Also, it's always best to keep them in the packaging to get top dollar when reselling, but the majority of the value is in the bar itself, so it's not going to have a huge impact overall. Here's one dealer's take on it …
https://youtu.be/Ne7gtPUjYh8?si=
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