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Costco Members: 2024 1 oz American Eagle Silver Coin, 20-count $659.99

$659.99
+2 Deal Score
1,037 Views
Features:
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
Coin Highlights:
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
Terms & Conditions
Item is non-refundable
Item is not eligible for price adjustments

https://www.costco.com/.product.1789494.html
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8 Comments

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Joined Dec 2018
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> bubble2 1,044 Posts
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chemman14
04-15-2024 at 09:04 AM.
04-15-2024 at 09:04 AM.
Much better premium on these.
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Joined Jun 2012
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Massaman
04-15-2024 at 09:12 AM.
04-15-2024 at 09:12 AM.
Quote from chemman14 :
Much better premium on these.
Yeah, not too too bad. No tax in some states. Thanks OP
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Joined Jan 2007
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> bubble2 292 Posts
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hedliniv
04-15-2024 at 09:12 AM.
04-15-2024 at 09:12 AM.
Dead already? Can't get it to load into cart
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Joined Jun 2019
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Deltabasangler
04-15-2024 at 09:12 AM.
04-15-2024 at 09:12 AM.
These are $33/ounce and current silver spot is $28.72. Premium/oz is $4.28/oz.

I guess I will never get in the silver market at these premiums even with the 2% Costco Executive Membership Rebate and 2% Citibank Costco Cashback of $1.32, the cost to obtain silver is a net of $2.96/oz premium.

I have a hard time trading almost $10 cash for $9 worth of silver just for the privilege of speculating on the precious metal. Silver would have to go up by close to 10% just for me to break even.
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Joined Mar 2010
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butundo
04-15-2024 at 09:13 AM.
04-15-2024 at 09:13 AM.
Already DEAD
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Joined Dec 2018
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chemman14
04-15-2024 at 09:13 AM.
04-15-2024 at 09:13 AM.
Quote from Deltabasangler :
These are $33/ounce and current silver spot is $28.72. Premium/oz is $4.28/oz.

I guess I will never get in the silver market at these premiums even with the 2% Costco Executive Membership Rebate and 2% Citibank Costco Cashback of $1.32, the cost to obtain silver is a net of $2.96/oz premium.

I have a hard time trading almost $10 cash for $9 worth of silver just for the privilege of speculating on the precious metal. Silver would have to go up by close to 10% just for me to break even.
FWIW eagles ALWAYS have a premium. You would be able to sell these back for at/slightly above spot. However I agree, not worth it to me.
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Joined Jun 2019
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Deltabasangler
04-15-2024 at 09:30 AM.
04-15-2024 at 09:30 AM.
Quote from chemman14 :
FWIW eagles ALWAYS have a premium. You would be able to sell these back for at/slightly above spot. However I agree, not worth it to me.
This site https://www.moneymetals.com/2024-...e-coin/965 is buying these back currently for $30.51/ounce.

With the 4% off from Costco, these would cost $31.68/ounce. I guess buying silver from Costco would be okay with a net actual cost premium of about 3-4%. I stand corrected.

Thank you for the knowledge that the American Eagle silver coins are sold back at a premium.
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Last edited by Deltabasangler April 15, 2024 at 09:37 AM.

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Joined Jul 2004
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juniorbill
04-22-2024 at 02:23 PM.
04-22-2024 at 02:23 PM.
Back in stock at $649.99.
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