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expired Posted by Zim1 • Feb 18, 2024
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expired Posted by Zim1 • Feb 18, 2024

Costco Members: 1 Troy Ounce 2024 Canada Maple Leaf Gold Coin (New In Assay)

+ Free Shipping

$2,070

Costco Wholesale
156 Comments 72,468 Views
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Deal Details
Costco Wholesale has for their Members: 1 Troy Ounce 2024 Canada Maple Leaf Gold Coin (New In Assay) for $2069.99. Shipping is free.

Thanks to community member zimba1 for finding this deal.

Features:
  • 1 Troy Ounce 999.9 fine gold minted coin
  • Made by a LBMA Good Delivery Refiner
  • Bullion DNA Anti-Counterfeiting Technology, exclusive to the Royal Canadian Mint
  • Arrives in a Costco-exclusive sealed assay card

Editor's Notes

Written by qwikwit | Staff
  • Limit of 1 Transaction Per Membership, with a Maximum of 2 Units.
  • This item is not eligible to be returned or refunded.
  • Item is not eligible for price adjustments.
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.

Original Post

Written by Zim1
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Costco Wholesale has for their Members: 1 Troy Ounce 2024 Canada Maple Leaf Gold Coin (New In Assay) for $2069.99. Shipping is free.

Thanks to community member zimba1 for finding this deal.

Features:
  • 1 Troy Ounce 999.9 fine gold minted coin
  • Made by a LBMA Good Delivery Refiner
  • Bullion DNA Anti-Counterfeiting Technology, exclusive to the Royal Canadian Mint
  • Arrives in a Costco-exclusive sealed assay card

Editor's Notes

Written by qwikwit | Staff
  • Limit of 1 Transaction Per Membership, with a Maximum of 2 Units.
  • This item is not eligible to be returned or refunded.
  • Item is not eligible for price adjustments.
  • Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.

Original Post

Written by Zim1

Community Voting

Deal Score
+60
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Top Comments

Dalsweeper
158 Posts
61 Reputation
Most jewelers will buy it. But at about 90-95 percent of the spot price. So it needs to appreciate to break even.

I love when people say, "if the dollar goes to shit I'll have gold". That's a useless comment too, what are they planning on doing, buy some food, cut off a piece of their gold and exchange for it? My guess is the other side of the transaction will think you are crazy.
Dalsweeper
158 Posts
61 Reputation
You are so wrong it's hilarious. Look at gold compared to inflation throughout time and you will see it is a bad investment. Gold as a hedge has been proven to be economically inefficient by several Nobel laureates. I am sure you have a Reddit page saying otherwise. But who am I to argue on the internet with someone obviously smarter than me…..
Dalsweeper
158 Posts
61 Reputation
You are right. But $1000 in the s&p 500 would be over $4000 today. So you could buy about 2x more if you did not invest in gold. So you may not a Nobel prize winner but even easy math shows you could have been better.

155 Comments

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Feb 18, 2024
811 Posts
Joined Jun 2019
Feb 18, 2024
Deltabasangler
Feb 18, 2024
811 Posts
Is this a good deal? I'm not so sure.
2
Feb 18, 2024
600 Posts
Joined Jan 2016
Feb 18, 2024
singhster
Feb 18, 2024
600 Posts
Not good. Price should come down.
1
1
13
Feb 18, 2024
245 Posts
Joined Feb 2024
Feb 18, 2024
Slickerdealerz
Feb 18, 2024
245 Posts
Shipping & Handling Included
Features:
1 oz 999.9% Fine Gold Minted Coin
Item is Non-Refundable
Limit of 1 Transaction Per Membership, with a Maximum of 2 Units
Item is Not Eligible for Price Adjustments

https://www.costco.com/2024-1-oz-...55297.html
2
Feb 18, 2024
16 Posts
Joined Jan 2015
Feb 18, 2024
pandeesh
Feb 18, 2024
16 Posts
Picked one
1
Feb 18, 2024
245 Posts
Joined Feb 2024
Feb 18, 2024
Slickerdealerz
Feb 18, 2024
245 Posts
Quote from Deltabasangler :
Is this a good deal? I'm not so sure.
Here is another site that sells this item, looking under the credit card price and compare to this https://www.jmbullion.com/2024-1-...leaf-coin/

But by all means if you can find a better price, please post a link here
3
Feb 18, 2024
245 Posts
Joined Feb 2024
Feb 18, 2024
Slickerdealerz
Feb 18, 2024
245 Posts
Quote from singhster :
Not good. Price should come down.
I am just curiously how you know price should
come down?
4
Feb 18, 2024
245 Posts
Joined Feb 2024
Feb 18, 2024
Slickerdealerz
Feb 18, 2024
245 Posts
In for one, this is not like the one from before was the queen 2023, this one is for the king 2024
1
2

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Feb 18, 2024
4,758 Posts
Joined Dec 2005
Feb 18, 2024
mrmochi
Feb 18, 2024
4,758 Posts
Quote from Slickerdealerz :
Here is another site that sells this item, looking under the credit card price and compare to this https://www.jmbullion.com/2024-1-...leaf-coin/

But by all means if you can find a better price, please post a link here
If you're comparing to others then yes this is a great deal. If you're asking if this is something you'll be able to make money on then answer is no
1
6
Feb 18, 2024
18 Posts
Joined Nov 2005
Feb 18, 2024
dsruff
Feb 18, 2024
18 Posts
Good deal , price will only come down if gold spot comes down and there is no guarantee a restock from Costco will happen at that point
Original Poster
Feb 18, 2024
133 Posts
Joined Oct 2023
Feb 18, 2024
Zim1
Original Poster
Feb 18, 2024
133 Posts
Quote from Slickerdealerz :
In for one, this is not like the one from before was the queen 2023, this one is for the king 2024
Good observation.
3
Feb 18, 2024
1,349 Posts
Joined Sep 2008
Feb 18, 2024
slipperybargainsman
Feb 18, 2024
1,349 Posts
Spot price right now is $2026 right? So with the 2% back this is basically buying gold at spot. Seems like a pretty good deal to me.
1
Feb 18, 2024
1,418 Posts
Joined Jun 2005
Feb 18, 2024
MrCodeDude
Feb 18, 2024
1,418 Posts
Seems like a decent MS opportunity. How/where do you then sell the 1oz gold bars?
2
3
Feb 18, 2024
1,117 Posts
Joined Apr 2010
Feb 18, 2024
fatguypoolshark
Feb 18, 2024
1,117 Posts

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

Quote from slipperybargainsman :
Spot price right now is $2026 right? So with the 2% back this is basically buying gold at spot. Seems like a pretty good deal to me.
If you can use a CC and get the 2% back from Costco it's under spot @ 1987.20
2
1
Feb 18, 2024
126 Posts
Joined Sep 2023
Feb 18, 2024
VioletGuitar6454
Feb 18, 2024
126 Posts
Just curious, are these gold/silver coins somewhat liquid? I mean, if I buy some and someday I need cash, is there any place I can sell them and recoup the money?
3

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Feb 18, 2024
386 Posts
Joined Dec 2005
Feb 18, 2024
muslhead
Feb 18, 2024
386 Posts
Quote from Slickerdealerz :
I am just curiously how you know price should
come down?
They dont know. they are speaking out their back end since no one can predict the future. the good news for them is there is 50-50 chance of being right.

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