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expired Posted by Zim1 10 months ago
expired Posted by Zim1 10 months ago

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

+ Free Shipping

$2070

Costco Wholesale
155 Comments 70,478 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
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Top Comments

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.
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…..
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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10 months ago
658 Posts
Joined Jun 2019
10 months ago
Deltabasangler
10 months ago
658 Posts
Is this a good deal? I'm not so sure.
2