Costco Wholesale has for its
Members: 20-Count 1 Troy Ounce American Eagle Silver Coins (2024) for
$539.99.
Shipping is free.
Thanks to Community Member
zimba1 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
Top Comments
"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://washingtongolde
My family were vietnamese war refugees and a well timed conversion of currency to gold/silver got a good 10+ members of my family onto boats and out of the war-torn country.
Its more likely that an individual country collapses rather than the entire society. And in that case precious metal has a value because people outside of the collapsed society still will pay for the metals in their own currency.
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84 Comments
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https://www.costco.com/.product.400025
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For the doomers/preppers, nobody is going to trade you their can of beans for some shavings from your gold coin in an end of the world scenario
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