Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
Heads up, this deal has expired. Want to create a deal alert for this item?
expired Posted by bridge12219 • Feb 16, 2024
expired Posted by bridge12219 • Feb 16, 2024

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

+ Free Shipping

$550

$550

Costco Wholesale
108 Comments 40,274 Views
Visit Retailer
Good Deal
Save
Share
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
Visit Retailer

Leave a Comment

Unregistered (You)

Top Comments

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 . 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/
Hey buddy, if you think you can buy physical silver at spot price, I have a beach front house in Arizona I'd like to sell you
Forums are to discuss a "deal". I'm arguing why I feel that it isn't the best value. If you only want blind agreement, perhaps you should move on.

If US dollars fail, we will be in a sort of trouble a safe full of silver eagles won't solve. That said, I'm not entirely vested in fiat either, but I don't own physical silver or gold.

...if it comes to a barter situation, I'd rather have ammunition, fuel, and food to be honest.

107 Comments

Sign up for a Slickdeals account to remove this ad.

Feb 17, 2024
264 Posts
Joined Sep 2017
Feb 17, 2024
tuphat
Feb 17, 2024
264 Posts
Quote from VarmintCong :
Silver has been valuable for 3000 years. It'll outlive the dollar and whatever follows it. That's why we buy it. It certainly will outlive any silver ETF.
"Whatever follows the dollar" will likely be something like beans or amm0. Just a hunch.
3
Feb 17, 2024
7,843 Posts
Joined Oct 2004
Feb 17, 2024
VarmintCong
Feb 17, 2024
7,843 Posts
Quote from tuphat :
This: "The silver and gold people can't be convinced. You're wasting time trying."
Please do, it's fun to argue with you guys. And we look forward to the silver breakout when you guys will be trying to buy silver at $80/oz. 😂
3
Feb 17, 2024
7,843 Posts
Joined Oct 2004
Feb 17, 2024
VarmintCong
Feb 17, 2024
7,843 Posts
Quote from tuphat :
"Whatever follows the dollar" will likely be something like beans or amm0. Just a hunch.
History has seen many reserve currencies come and go. Central banks are loading up on gold cause they know the dollar's days are numbered. And no that doesn't mean the next currency will be gold, it just means they trust gold more than the dollar.
2
Feb 17, 2024
7,843 Posts
Joined Oct 2004
Feb 17, 2024
VarmintCong
Feb 17, 2024
7,843 Posts
Quote from Pga :
Why is this posted on Slick Deals then? And people upvoting it to push their narratives? If you says no one is calling this a deal…..
SD is full of deals that aren't slick. It's to inform people of a popular deal. They sell out so quick maybe it helps some people.
2
Feb 17, 2024
203 Posts
Joined Sep 2018
Feb 17, 2024
jbtay
Feb 17, 2024
203 Posts
Quote from luckydog97 :
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?

How exciting!

Wait, do they do this with special $100 bills too? Can I buy fresh $100 bills for $117 each? Please do share if so!!
You are doing it now. Inflation.
Feb 17, 2024
2,079 Posts
Joined Dec 2012
Feb 17, 2024
Pga
Feb 17, 2024
2,079 Posts
Quote from VarmintCong :
Silver is a monetary metal, so it's gone up a lot more than base metals or oil. If it traded like an industrial metal it would be like $4/oz.

But yes it's very cyclical so you want to catch the bull markets, and you don't want to buy after it's gone up 1000% cause it's likely to go down or do nothing for 10 years.
There's plenty of industrial commodities more valuable than silver….
2
Pro
Feb 17, 2024
4,374 Posts
Joined Aug 2015
Feb 17, 2024
SlySol
Pro
Feb 17, 2024
4,374 Posts
Quote from TXGoat :
Too bad a sticky post can't be pinned to the top of all these deal postings that explains to EVERY person that comes in to TC that everyone knows that the spot price of the metal is less than the price of the deal posted, but the spot price itself isn't necessarily what should be compared. I guess thread crapping by the uninitiated will continue in these types of threads.
True, but it seems to be the threads with all the negative comments that really take off. I've seen plenty of the gold and silver threads that sit and linger with hardly any comments but also never get more than a few thumbs up because nobody ever sees them. More comments tend to get more views, which means even more comments and as a popular thread, more people end up seeing it. Rollin', rollin', rollin' … keep them comments rollin' Roll
1

Sign up for a Slickdeals account to remove this ad.

Feb 17, 2024
203 Posts
Joined Sep 2018
Feb 17, 2024
jbtay
Feb 17, 2024
203 Posts
Silver follows inflation. As the dollar drops in value silver holds and it takes more dollars to buy it. It's. Simple. But all the economist posting are just posting.

Here follow the trail. 1969 it was a low of $1.56 and a high of $2.04 as inflation started due to the gold standard being abolished it took more dollars to buy the same silver. Today it takes about $25 to buy an ounce. So the value of the dollar has declined tremendously. As someone stated don't trust the Fed. They're a private entity, the Federal Reserve and the 12 banks that make up the Fed.

Silver is a solid investment going against the Fed Dollar.

https://www.moneymetals.com/silve...gLfNPD_BwE


Even at this price it's a good investment. Especially to bet against the Biden economy as he crashes the nation.
4
Feb 17, 2024
2,079 Posts
Joined Dec 2012
Feb 17, 2024
Pga
Feb 17, 2024
2,079 Posts
Quote from VarmintCong :
History has seen many reserve currencies come and go. Central banks are loading up on gold cause they know the dollar's days are numbered. And no that doesn't mean the next currency will be gold, it just means they trust gold more than the dollar.
Only central banks really buying gold are those ran by questionable govs….CCP, Putin, etc. Probably because embezzling gold is easy.
4
Feb 17, 2024
2,079 Posts
Joined Dec 2012
Feb 17, 2024
Pga
Feb 17, 2024
2,079 Posts
Quote from VarmintCong :
SD is full of deals that aren't slick. It's to inform people of a popular deal. They sell out so quick maybe it helps some people.
Hold on now, you are back to calling silver a popular deal when just one reply prior you said this silver is not a deal. Which is it?
4
Feb 17, 2024
2,079 Posts
Joined Dec 2012
Feb 17, 2024
Pga
Feb 17, 2024
2,079 Posts
Quote from jbtay :
Silver follows inflation. As the dollar drops in value silver holds and it takes more dollars to buy it. It's. Simple. But all the economist posting are just posting.

Here follow the trail. 1969 it was a low of $1.56 and a high of $2.04 as inflation started due to the gold standard being abolished it took more dollars to buy the same silver. Today it takes about $25 to buy an ounce. So the value of the dollar has declined tremendously. As someone stated don't trust the Fed. They're a private entity, the Federal Reserve and the 12 banks that make up the Fed.

Silver is a solid investment going against the Fed Dollar.

https://www.moneymetals.com/silve...gLfNPD_BwE


Even at this price it's a good investment. Especially to bet against the Biden economy as he crashes the nation.
Absolute lie

Inflation adjust historical price of silver:https://www.macrotrends.net/1470/...year-chart

There's zero connection between inflation and price of sliver
5
Feb 17, 2024
102 Posts
Joined May 2023
Feb 17, 2024
CalmRain713
Feb 17, 2024
102 Posts
Unless silvers multiplies or the US dollar collapes, selling silver coins to break even or for a profit is a huge hassle
1
2
Feb 17, 2024
31 Posts
Joined Apr 2013
Feb 17, 2024
natehumblepie
Feb 17, 2024
31 Posts
I hope everyone is having a nice weekend
Feb 17, 2024
1,758 Posts
Joined Feb 2021
Feb 17, 2024
nyc10036
Feb 17, 2024
1,758 Posts
Please add Costco to the subject line.

If it had said that I wouldn't have clicked since I don't have Costco.
Last edited by nyc10036 February 17, 2024 at 07:50 AM.
4

Sign up for a Slickdeals account to remove this ad.

Feb 17, 2024
38 Posts
Joined Aug 2008
Feb 17, 2024
antiochrich
Feb 17, 2024
38 Posts
Where is the best place to purchase individually wrapped coins like this? Since I can't take it with me, I want to occasionally pass some out to family and friends.

Leave a Comment

Unregistered (You)

Related Searches

Popular Deals

View All

Trending Deals

View All