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

$759.99
$759.99
-2 Deal Score
8,732 Views
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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Deal
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8,732 Views
$759.99
$759.99

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Joined Nov 2011
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vincentio
04-24-2024 at 10:32 PM.
04-24-2024 at 10:32 PM.
Quote from scottkeen :
$759.99
-$15.20 (2% Costco Exec member rewards cash back)
-$15.20 (2% Costco Citi VISA rewards cash back)
---
= $729.59 for 25 ozs
= $29.18 per oz

Current spot price
= $27.14 per oz

Premium
= $2.04 per oz

What am I missing? Where can you get a better deal on 2024 Canada Silver Maple coins than $2.04 per oz over spot?
Good price.
Also, if you live in CA and don't want to be charged sales tax then pick up $2k or more.

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Joined Aug 2011
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scheister
04-25-2024 at 08:31 AM.
04-25-2024 at 08:31 AM.
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.
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Joined Aug 2022
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SRA1234
04-25-2024 at 09:26 AM.
04-25-2024 at 09:26 AM.
Just hold tight, silve will be back in the $23 range soon. I have silver between $14-$31!
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Joined Mar 2007
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> bubble2 9,151 Posts
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handyguy
04-25-2024 at 11:20 AM.
04-25-2024 at 11:20 AM.
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
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Joined Dec 2018
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chemman14
04-25-2024 at 11:23 AM.
04-25-2024 at 11:23 AM.
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.
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Joined Dec 2018
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chemman14
04-25-2024 at 11:29 AM.
04-25-2024 at 11:29 AM.
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.
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dhondu
04-25-2024 at 01:50 PM.
04-25-2024 at 01:50 PM.
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
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Joined Sep 2007
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scottkeen
04-25-2024 at 02:00 PM.
04-25-2024 at 02:00 PM.
Quote from chemman14 :

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!
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Last edited by scottkeen April 25, 2024 at 02:03 PM.
Joined Dec 2005
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muslhead
04-25-2024 at 05:08 PM.
04-25-2024 at 05:08 PM.
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.
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Joined Oct 2004
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VarmintCong
04-26-2024 at 12:35 AM.
04-26-2024 at 12:35 AM.
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.
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