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bridge12219 42.2K Views
Feb 16, 2024 10:33 PM

Costco Members: 20-Count 1 Troy Ounce American Eagle Silver Coin (2024)

$550

$550

+ Free Shippingat Costco Wholesale
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Deal Details
Costco Wholesale has for its Members: 20-Count 1 Troy Ounce American Eagle Silver Coin (2024) for $549.99. Shipping is free.

Thanks to Community Member bridge12219 for sharing this deal.
  • Note: Must be logged in w/ valid Costco membership to see price/purchase.
About this Item:
  • 1 troy ounce of 99.9% pure silver
  • Produced by the United States Mint
  • Brilliant uncirculated finish
  • Packaged in a specially labeled tube holding 20 coins per tube

Editor's Notes

Written by slickdewmaster | Staff
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.
  • About this Deal:
    • Item is Non-Refundable
    • Limit of 1 Transaction Per Membership, with a Maximum of 5 Units
    • Item is Not Eligible for Price Adjustments

Original Post

Written by bridge12219
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Costco Wholesale has for its Members: 20-Count 1 Troy Ounce American Eagle Silver Coin (2024) for $549.99. Shipping is free.

Thanks to Community Member bridge12219 for sharing this deal.
  • Note: Must be logged in w/ valid Costco membership to see price/purchase.
About this Item:
  • 1 troy ounce of 99.9% pure silver
  • Produced by the United States Mint
  • Brilliant uncirculated finish
  • Packaged in a specially labeled tube holding 20 coins per tube

Editor's Notes

Written by slickdewmaster | Staff
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.
  • About this Deal:
    • Item is Non-Refundable
    • Limit of 1 Transaction Per Membership, with a Maximum of 5 Units
    • Item is Not Eligible for Price Adjustments

Original Post

Written by bridge12219

Community Voting

Deal Score
+19
Good Deal

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107 Comments

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Feb 16, 2024 10:46 PM
1.5K Comments
Joined Dec 2018
chemman14Feb 16, 2024 10:46 PM
1.5K Comments
Bring back $519.99 and I'm in.
2
2
Feb 16, 2024 11:44 PM
1.6K Comments
Joined May 2012
CharlesBarkleyFeb 16, 2024 11:44 PM
1.6K Comments
Quote from chemman14 View quoted comment :
Bring back $519.99 and I'm in.
I think more like $510
1
Feb 17, 2024 1:26 AM
276 Comments
Joined Feb 2024
SlickerdealerzFeb 17, 2024 1:26 AM
276 Comments
Shipping & Handling Included*
Features:
Item is Non-Refundable
Limit of 1 Transaction Per Membership, with a Maximum of 5 Units
Item is Not Eligible for Price Adjustments

Arrives approximately 3 - 5 business days from time of order.

Members Only: Warehouse pick up is available for this item and standard delivery time will apply. Please note, only the bill-to credit card addressee may pickup the product. Valid state or government-issued photo ID is required at the time of pick up.

https://www.costco.com/2024-1-oz-...40592.html
1
Feb 17, 2024 2:07 AM
1.5K Comments
Joined Dec 2018
chemman14Feb 17, 2024 2:07 AM
1.5K Comments
Quote from CharlesBarkley View quoted comment :
I think more like $510
Were they up for $510? I thought the floor was 519.99 a few times.
1
Feb 17, 2024 2:30 AM
1.6K Comments
Joined May 2012
CharlesBarkleyFeb 17, 2024 2:30 AM
1.6K Comments
Quote from chemman14 View quoted comment :
Were they up for $510? I thought the floor was 519.99 a few times.
You're right, wishful thinking on my part 😀
Feb 17, 2024 3:17 AM
10 Comments
Joined Jun 2021
ArkhamBFeb 17, 2024 3:17 AM
10 Comments
This is still a good deal at this price...Big online silver dealer SD Bullion sells a similar item for $590-600. Also it's $25 more if you use paypal or credit card, which costco isn't doing.
1
Feb 17, 2024 3:23 AM
4.6K Comments
Joined Nov 2013

This comment has been rated as unhelpful by Slickdeals users.

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Feb 17, 2024 3:26 AM
541 Comments
Joined Feb 2006
ispeedFeb 17, 2024 3:26 AM
541 Comments
APMEX is $622 right now and that price drops/climbs as spot prices change. Since it's the weekend, probably good at that price until Sun night. $549 is a great price if in the market for ASEs. If you just want bullion, then ASEs are not what you should be looking at.
1
Feb 17, 2024 3:27 AM
180 Comments
Joined Aug 2015
d1sdealFeb 17, 2024 3:27 AM
180 Comments
Quote from luckydog97 View quoted comment :
17% above what it's worth?
Try Ebay bars from random "mints" will get you closer to spot.
The country of australia sold fake gold to china
and got caught
1
2
Feb 17, 2024 3:28 AM
180 Comments
Joined Aug 2015
d1sdealFeb 17, 2024 3:28 AM
180 Comments
Quote from ispeed View quoted comment :
APMEX is $622 right now and that price drops/climbs as spot prices change. Since it's the weekend, probably good at that price until Sun night. $549 is a great price if in the market for ASEs. If you just want bullion, then ASEs are not what you should be looking at.
I think your address will go straight to a "to burgle" list when the power cuts come
Feb 17, 2024 3:38 AM
4.7K Comments
Joined Aug 2015
SlySolFeb 17, 2024 3:38 AM
4.7K Comments

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

Quote from luckydog97 View quoted comment :
Whoa...so, let me get this deal straight...all I have to do is buy 20 eagles at a time, and I, a normal citizen, can lock in silver at 17% above what it's worth?
You're comparing it to spot price. Spot silver prices are based on the price per oz for five 1000 oz bars, not individual 1 oz bars. The 1 oz coins and bars generally sell for a bigger premium over spot. It's basically like wholesale versus retail pricing associated with buying much smaller quantities. If you ever see a reputable dealer selling 1 oz coins at spot with no strings attached, a thread like that would totally blow up. The closest that you'll usually see is a seller offering a small number of them at spot price as an intro deal to attract new customers.

"Why Do I Have to Pay More than the Spot Price?
Simple Answer: Because "spot price" is the bulk rate for a large bar [100 oz gold or (5) 1,000 oz silver bars]. Further, "spot price" does not include shipping, commission. or insurance to get actual precious metal into your hands. The large bars are, instead, held in a depository far away. Government and private mints buy large bars off the market and from refiners, then they produce "rounds" in the correct fineness before they are stamped out in a press under 100 to 150 tons pressure. Obviously, the smaller the coin, the more cost to mint it, per economies of scale. Analogy: A bushel of wheat costs much less than a loaf of bread; one is in the raw state, the other required careful work/cost to produce. Then, after the coins are minted, there are distribution costs that must be covered which also add to the "coin premium.""

https://washingtongoldexchange.co...pot-price/
6
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Feb 17, 2024 3:38 AM
2.1K Comments
Joined Dec 2012

This comment has been rated as unhelpful by Slickdeals users.

Feb 17, 2024 4:05 AM
180 Comments
Joined Aug 2015
d1sdealFeb 17, 2024 4:05 AM
180 Comments
Quote from Pga View quoted comment :
Lol 99.99% pure gold is fake? Suckers pay premiums on logos
1
1
Feb 17, 2024 4:16 AM
2.1K Comments
Joined Dec 2012
PgaFeb 17, 2024 4:16 AM
2.1K Comments
Might want to read the article. 99.99% pure within industry standards
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Feb 17, 2024 4:41 AM
143 Comments
Joined Jul 2018
GixxRacerFeb 17, 2024 4:41 AM
143 Comments
Thanks in for one.
2

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