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expired Posted by chemman14 • Apr 24, 2024
expired Posted by chemman14 • Apr 24, 2024

Costco Members: 2024 1 oz Canada Maple Leaf Silver Coin, 25-count $759.99

$760

$760

Costco Wholesale
24 Comments 10,317 Views
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Deal Details
Features:
99.99% Pure Silver
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:
1 troy ounce of 99.99% pure silver
Bullion DNA™ Anti-Counterfeiting Technology, exclusive to the Royal Canadian Mint
Brilliant uncirculated finish
Packaged in a specially labeled tube holding 25 Coins per tube
Terms & Conditions
Item is non-refundable
Item is not eligible for price adjustments

https://www.costco.com/.product.1814000.html
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Features:
99.99% Pure Silver
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:
1 troy ounce of 99.99% pure silver
Bullion DNA™ Anti-Counterfeiting Technology, exclusive to the Royal Canadian Mint
Brilliant uncirculated finish
Packaged in a specially labeled tube holding 25 Coins per tube
Terms & Conditions
Item is non-refundable
Item is not eligible for price adjustments

https://www.costco.com/.product.1814000.html

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24 Comments

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Apr 25, 2024
928 Posts
Joined Aug 2011
Apr 25, 2024
scheister
Apr 25, 2024
928 Posts
Quote from chemman14 :
You're not missing anything AFAIK. Hopefully those voting "not a good price" can share with the class where they can get these for a better price.
I think it's more related to the fact that once you own these, you're immediately taking a ~7% haircut. Buying at 29.18/oz (with Costco/card discounts) and able to sell at spot or slightly below. The gold deals typically have better metrics for cc churners.

Due to the spreads I'm in the camp with others that if you're investing go paper/ETF (unless very long-term). If the paper/ETF system implodes then I'd rather have invested in ammunition and other prepper goods.
Apr 25, 2024
64 Posts
Joined Aug 2022
Apr 25, 2024
SRA1234
Apr 25, 2024
64 Posts
Just hold tight, silve will be back in the $23 range soon. I have silver between $14-$31!
Apr 25, 2024
9,241 Posts
Joined Mar 2007
Apr 25, 2024
handyguy
Apr 25, 2024
9,241 Posts
Quote from chemman14 :
Those voting "Not a good price", where can you get these for less? Thanks!
It's not worth anything if you don't have a person to sell to & if you do, they take a share.

Good & silver are up because, I believe Costco is selling it. But they are not buying it

I like that they say 'no refunds '

The time to buy is when no one wants it
1
Original Poster
Apr 25, 2024
1,492 Posts
Joined Dec 2018
Apr 25, 2024
chemman14
Original Poster
Apr 25, 2024
1,492 Posts
Quote from handyguy :
It's not worth anything if you don't have a person to sell to & if you do, they take a share.

Good & silver are up because, I believe Costco is selling it. But they are not buying it

I like that they say 'no refunds '

The time to buy is when no one wants it
There are absolutely ways to get spot for gold and silver.

To your second point, completely wrong. Costco selling gold/silver has no impact on the global spot price. Costco has to buy it to be able to sell it.

Of course it says no refunds, why would they allow refunds?

There's never been a time in human history where no one wanted gold/silver.
2
Original Poster
Apr 25, 2024
1,492 Posts
Joined Dec 2018
Apr 25, 2024
chemman14
Original Poster
Apr 25, 2024
1,492 Posts
Quote from SRA1234 :
Just hold tight, silve will be back in the $23 range soon. I have silver between $14-$31!
Source: Dude trust me.

While I hope you are right as someone that has yet to dip their toes into silver, I don't think that is accurate.
2
Apr 25, 2024
718 Posts
Joined Mar 2008
Apr 25, 2024
dhondu
Apr 25, 2024
718 Posts
Can i borrow money from any of you to get in to this deal or should i open gofund me page to support my purchase?worship
Apr 25, 2024
43 Posts
Joined Sep 2007
Apr 25, 2024
scottkeen
Apr 25, 2024
43 Posts
Quote from chemman14 :
<snip>

There's never been a time in human history where no one wanted gold/silver.
Every stock broker they interview on CNBC and Fox Business does not want gold. Also Dave Ramsey. Dave Ramsey hates gold, he's said he'd rather own blue jeans than gold.

But stock brokers and Dave Ramsey aside, you have to wonder why does every central bank in the world (except maybe Canada) continuously buy and hold hundreds and thousands of pounds of physical gold, yet they push for us to have faith in and store our wealth in their paper currency.

If physical gold is useless "shiny boomer rocks", then why do all the central banks who are more powerful than any single country or president or ruler, want physical gold so much? They must know something that they don't want us to know!
Last edited by scottkeen April 25, 2024 at 02:03 PM.

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Apr 26, 2024
384 Posts
Joined Dec 2005
Apr 26, 2024
muslhead
Apr 26, 2024
384 Posts
Quote from scottkeen :
Every stock broker they interview on CNBC and Fox Business does not want gold. Also Dave Ramsey. Dave Ramsey hates gold, he's said he'd rather own blue jeans than gold.

But stock brokers and Dave Ramsey aside, you have to wonder why does every central bank in the world (except maybe Canada) continuously buy and hold hundreds and thousands of pounds of physical gold, yet they push for us to have faith in and store our wealth in their paper currency.

If physical gold is useless "shiny boomer rocks", then why do all the central banks who are more powerful than any single country or president or ruler, want physical gold so much? They must know something that they don't want us to know!
Its nothing more than a hedge, a tiny hedge at that. It amounts to a gnat on the ass of an elephant in comparison to their other assets. Let's keep it real and quit making up stuff that while true (they hold physical), it is nothing more than diversification of assets.
Pro
Apr 26, 2024
7,807 Posts
Joined Oct 2004
Apr 26, 2024
VarmintCong
Pro
Apr 26, 2024
7,807 Posts
Quote from chemman14 :
Source: Dude trust me.

While I hope you are right as someone that has yet to dip their toes into silver, I don't think that is accurate.
Every major gold breakout in history has seen a retest of the breakout level before continuing much higher. That means good odds we see $2100 gold and $22 silver before we see $3000 and $50.

I'm in the camp this time will be different, and we might only see $2200 and $26.
2

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