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Costco Members: 1 Troy Ounce Gold Bar Rand Refinery (New In Assay) Expired

$2080
+ Free Shipping
+44 Deal Score
69,855 Views
Costco Wholesale has for their Members: 1 Troy Ounce Gold Bar Rand Refinery (New In Assay) for $2079.99. Shipping is free.

Thanks to Community Member zimba1 for finding this deal.

Note: A Costco Membership is required to purchase this item.

Features:
  • 1 Troy Ounce 999.9 fine gold minted bar
  • South African-made by a LBMA Good Delivery Refiner
  • Arrives in a sealed black assay card
  • Individually stamped with an unique serial number

Editor's Notes & Price Research

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  • About this deal:
  • About this store:
    • This item is not eligible to be returned or refunded.

Original Post

Written by
Edited February 23, 2024 at 06:01 PM by
Costco Members: 1 oz Gold Bar Rand Refinery (New in Assay) $2079.99

https://www.costco.com/1-oz-gold-...02779.html


Shipping & Handling Included
Features:
24kt Gold
Item is Non-Refundable
Limit of 1 Transaction Per Membership, with a Maximum of 2 Units
Item is Not Eligible for Price Adjustments
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+44
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Featured Comments

Gold is at an all time high right now. I'd wait for it to dip. It's bound to happen, just like it did from around 2014-2018. Took almost 6 years to recover from its previous high in 2013. You buy now, you could be waiting 6 years just to break even. Why do you think they're trying to sell these now?
I bought Bitcoin and now I'm retired with 3 wives
Can we stop posting this deal? Lol who is buying this

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RocketBeast
02-23-2024 at 05:21 PM.
02-23-2024 at 05:21 PM.
Thanks!
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gossipguy
02-23-2024 at 05:36 PM.
02-23-2024 at 05:36 PM.
Rand gold bars are back in stock for $2080.

https://www.costco.com/1-oz-gold-...APP=SEARCH
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Flameoo
02-23-2024 at 05:48 PM.
02-23-2024 at 05:48 PM.
Can we stop posting this deal? Lol who is buying this
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Joined Feb 2024
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Slickerdealerz
02-23-2024 at 05:56 PM.
02-23-2024 at 05:56 PM.
Member Only Item

Your Price2,079.99$
Shipping & Handling Included
Features:
24kt Gold
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/1-oz-gold-...02779.html
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Joined Feb 2023
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LivelySink338
02-23-2024 at 07:58 PM.

Our community has rated this post as helpful. If you agree, why not thank LivelySink338

02-23-2024 at 07:58 PM.
I bought Bitcoin and now I'm retired with 3 wives
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slipperybargainsman
02-23-2024 at 08:21 PM.
02-23-2024 at 08:21 PM.
Do gold bugs prefer these little bars to coins? I don't own any gold but wouldn't mind buying something shiny to own.
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Slickerdealerz
02-23-2024 at 08:45 PM.
02-23-2024 at 08:45 PM.
Quote from slipperybargainsman :
Do gold bugs prefer these little bars to coins? I don't own any gold but wouldn't mind buying something shiny to own.
You prob see most of the boomer prefer coins, just something they are used to I suppose, we are all creature of habits , some people just collect a variety of it, some just buy the ones they like, some just buy when others are buying or say to buy…
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DaddyCulver
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DaddyCulver
02-23-2024 at 08:53 PM.

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02-23-2024 at 08:53 PM.
Gold is at an all time high right now. I'd wait for it to dip. It's bound to happen, just like it did from around 2014-2018. Took almost 6 years to recover from its previous high in 2013. You buy now, you could be waiting 6 years just to break even. Why do you think they're trying to sell these now?
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Last edited by DaddyCulver February 23, 2024 at 08:56 PM.
Joined Feb 2024
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Slickerdealerz
02-23-2024 at 09:01 PM.
02-23-2024 at 09:01 PM.
Quote from DonWonJohnson :
How so? Looks like it returns 2 or 3% a year for 10 years. Banks have paid that or above for the last 6 years. You literally do better with a savings account. But yes, I own gold and silver also.
First off good for you I owning gold. I'm sure You chose to diversify yourself which is great. My non professional opinion is to think about gold more like a property , instead of an investment , to store the value and hedge against the loss of purchasing power from the dollars because the Fed "print" more and more just out of thin air. Just for discussion sake let's say saving accounts pay about 5% with inflation hovering around 3%, so that is really an effective rate of 2%, so my $2000 is a year later effective $2040 assuming rate doesn't change, and mid 2021 when inflation was 6-7%, saving rate was like less than 1%? So my 2000 dollars saved just became less, you get it.. But sure during that time gold has ups and downs but overall appreciated, so who knows what is next or best, it is better off not having all the eggs in one basket wouldn't you say?
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Slickerdealerz
02-23-2024 at 09:04 PM.
02-23-2024 at 09:04 PM.
Quote from DaddyCulver :
Gold is at an all time high right now. I'd wait for it to dip. It's bound to happen, just like it did from around 2014-2018. Took almost 6 years to recover from its previous high in 2013. You buy now, you could be waiting 6 years just to break even. Why do you think they're trying to sell these now?
They sell this because supplies and demands, same as the reasons they sell gas and toilet paper, because there are perceived value to it.
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Slickerdealerz
02-23-2024 at 10:56 PM.

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

02-23-2024 at 10:56 PM.
Quote from balakrishna.d1990 :
You forgot to breakdown the numbers for gold against inflation. I wonder why. Because you know it will look bad? Coz its not much different than cash you said Fed prints at will? What does that say? Gold isn't really practically finite. There's a whole lot of it. Its production is just controlled by corporate cartels and has been one of the worst investments in the name of "diversification". We just buy it coz out of old habit, collectively we believe it will hold some value, i e, a store of value which is exactly the case with Bitcoin. The difference is Bitcoin is actually finite. We know exactly how much max there is and at what rate it is generated.
First of all congrats if you invest in bitcoin. Sure let's say someone put $100 bill in the safe and so is $100 worth of gold about 100 years ago( roughly about $20/oz around 1924 so that is 5oz), so I open the safe today, the $100 bill is still $100 assuming it has not decay yet, 5oz gold is a bit over $10000. And according to the US inflation calculator. com, that $100 back in 1924 is equivalent to $1800 purchasing power today give or take.
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Last edited by Slickerdealerz February 23, 2024 at 11:09 PM.
Joined Apr 2011
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kida182001
02-24-2024 at 06:38 AM.
02-24-2024 at 06:38 AM.
Quote from Flameoo :
Can we stop posting this deal? Lol who is buying this

Apparently enough people for it to keep going out of stock and they having to restock it 🤷
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