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Costco Members: 1 Troy Oz. 2024 American Eagle Gold Coin (New In Assay) Expired

$2300
+ Free Shipping
+22 Deal Score
42,284 Views
Costco Wholesale has for their Members: 1 Troy Ounce 2024 American Eagle Gold Coin (New In Assay) for $2299.99. Shipping is free.

Thanks to Community Member chemman14 for finding this deal.

Note: A Costco Membership is required to purchase this item. Limit of 1 Transaction Per Membership, with a Maximum of 5 Units. Item is non-refundable and not eligible for price adjustments.

Features:
  • Contains 1 troy oz of Pure Gold as 91.67% Fine
  • Produced by the United States Mint
  • Individually packaged in an encapsulated assay card
Good Deal?

Original Post

Written by
Edited March 28, 2024 at 12:47 PM by
Features:
91.67% Fine Gold Coin
Item is Non-Refundable
Limit of 1 Transaction Per Membership, with a Maximum of 5 Units
Item is Not Eligible for Price Adjustments

Product Details
Item may be available in your local warehouse for a lower, non-delivered price.

Coin Highlights:
Contains 1 oz of Pure Gold as 91.67% Fine
Produced by the United States Mint
Individually packaged in an encapsulated assay card
Terms & Conditions
Item is non-refundable
Item is not eligible for price adjustments

https://www.costco.com/.product.1804545.html
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Deal
Score
+22
42,284 Views

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Featured Comments

It says it in OP's description, but just a reminder these are only 91.67% fine gold unlike every other gold offering I've seen from Costco.
This is not true. This coin is simply heavier than other coins. The gold melt is the same, 1 Troy oz.
FYI, this is a premium coin that you can sell for over spot. You can check the buyback price at:

https://www.moneymetals.com/2024-...e-coin/966

If purchased at Costco for $2300 - 2% Costco Executive Cashback - 2% Citibank Costco Castback, you're paying $2,208.

The site will currently buy it back from you for $2,250.

$2,250 - $2,208 = $42 profit.

If you buy 5 and sell 5 coins, you would profit $42 x 5 = $210 right off the bat.

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jchang120
03-28-2024 at 04:18 PM.
03-28-2024 at 04:18 PM.
Deal still on so makes me think it's not as good haha
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Smokindealz
03-28-2024 at 04:20 PM.
03-28-2024 at 04:20 PM.
Quote from jchang120 :
Deal still on so makes me think it's not as good haha

I posted a much better deal on Costco a few comments up 👍
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chemman14
03-28-2024 at 04:28 PM.
03-28-2024 at 04:28 PM.
Quote from Smokindealz :
PAMP 50g and 100g bars available on Costco at much better per oz price
But you won't get a much better per oz price when you go to sell them.
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chemman14
03-28-2024 at 04:30 PM.
03-28-2024 at 04:30 PM.
Quote from jchang120 :
Deal still on so makes me think it's not as good haha
$2300 for one oz is a lot harder to swallow than the $2080 it was just a few weeks ago when spot price was $200 lower.

It's a great deal if you're in the market for gold today as you cannot find AGE for less, especially when purchasing with a CC. That doesn't even factor in the 2% executive rebate.

If you think this is an ATH that won't be topped (price is already up $13 from when this went live) then it's not a good deal. Personally I think gold will keep increasing.
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BigAZJeep
03-28-2024 at 04:34 PM.
03-28-2024 at 04:34 PM.
Quote from Smokindealz :
PAMP 50g and 100g bars available on Costco at much better per oz price
True, a decent price per oz. But the American Eagles are bought back at a premium price slightly above spot price.
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chemman14
03-28-2024 at 04:37 PM.
03-28-2024 at 04:37 PM.
Quote from BigAZJeep :
True, a decent price per oz. But the American Eagles are bought back at a premium price slightly above spot price.
Exactly, and 50/100 g bars are much harder to sell than 1 oz. You will get even less per g vs the same 1 oz pamp bar.
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aerogems
03-28-2024 at 04:38 PM.
03-28-2024 at 04:38 PM.
I'm with Stephen Colbert. Forget gold, I'm going to start demanding payment in goats and potable water.
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Smokindealz
03-28-2024 at 04:39 PM.
03-28-2024 at 04:39 PM.
Quote from BigAZJeep :
True, a decent price per oz. But the American Eagles are bought back at a premium price slightly above spot price.

The difference in price per oz far outweighs any premium to be had on type of bar
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chemman14
03-28-2024 at 04:46 PM.
03-28-2024 at 04:46 PM.
Quote from Smokindealz :
The difference in price per oz far outweighs any premium to be had on type of bar
But does it when it comes time to sell? You will get under spot for 50/100g bars. You will get over spot for AGE. I guess it depends on if you're holding for long term or immediately selling. Also on your thoughts on where the spot price is headed.
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mister2cool
03-28-2024 at 04:46 PM.
03-28-2024 at 04:46 PM.
Quote from Deltabasangler :
With the price of gold up today, this site is buying these back for $2263 each instead of the $2250 I listed earlier.

$2263 - 2208 = $55 profit per coin or $275 for 5 coins.​
Do none of you get charged sales tax for purchase? It's ~150 per coin ordered!!!
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Deltabasangler
03-28-2024 at 04:50 PM.
03-28-2024 at 04:50 PM.
Quote from mister2cool :
Do none of you get charged sales tax for purchase? It's ~150 per coin ordered!!!
I don't where I am, but if you do, then it's definitely not a good deal if you have to pay sales tax.
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chemman14
03-28-2024 at 04:54 PM.
03-28-2024 at 04:54 PM.
Quote from mister2cool :
Do none of you get charged sales tax for purchase? It's ~150 per coin ordered!!!
Not in CA since it's over $2000.
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chemman14
03-28-2024 at 04:55 PM.
03-28-2024 at 04:55 PM.
Quote from Deltabasangler :
I don't where I am, but if you do, then it's definitely not a good deal if you have to pay sales tax.
To be fair, it's still a "good deal" since you'd be paying sales tax regardless of which dealer you bought from. That dealer would charge more to start with as well.
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Smokindealz
03-28-2024 at 05:04 PM.
03-28-2024 at 05:04 PM.
Quote from chemman14 :
But does it when it comes time to sell? You will get under spot for 50/100g bars. You will get over spot for AGE. I guess it depends on if you're holding for long term or immediately selling. Also on your thoughts on where the spot price is headed.

The price per oz of the other bars are ~10%+ less per oz. You won't see that type of premium when selling due to type of bar?
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chemman14
03-28-2024 at 05:09 PM.
03-28-2024 at 05:09 PM.
Quote from Smokindealz :
The price per oz of the other bars are ~10%+ less per oz. You won't see that type of premium when selling due to type of bar?
No, they aren't.
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