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expiredchemman14 posted May 21, 2024 04:42 PM
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Item 1 of 2
expiredchemman14 posted May 21, 2024 04:42 PM

Costco Members: 100 Gram Gold Bar Pamp Suisse Lady Fortuna Veriscan (New In Assay) $7999.99

$8,000

$8,000

Costco Wholesale
10 Comments 3,367 Views
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Deal Details
Features:
24kt Gold
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
Bar Highlights:

100 gram 999.9 fine gold minted bar with a proof-like finish 
Swiss-made by a LBMA Good Delivery Refiner
VERISCAN™ Bullion Identification Security System & iPhone® App 
Each bar is individually controlled, registered, and secured within protective CertiPAMP™ packaging with an official Assay Certificate and a digital certificate accessed with a QR Code. Each assay card is covered with a thin removable protective film
Terms & Conditions
Item is non-refundable
Item is not eligible for price adjustments

https://www.costco.com/.product.1801206.html
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Features:
24kt Gold
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
Bar Highlights:

100 gram 999.9 fine gold minted bar with a proof-like finish 
Swiss-made by a LBMA Good Delivery Refiner
VERISCAN™ Bullion Identification Security System & iPhone® App 
Each bar is individually controlled, registered, and secured within protective CertiPAMP™ packaging with an official Assay Certificate and a digital certificate accessed with a QR Code. Each assay card is covered with a thin removable protective film
Terms & Conditions
Item is non-refundable
Item is not eligible for price adjustments

https://www.costco.com/.product.1801206.html

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10 Comments

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Original Poster
May 21, 2024 04:43 PM
1,502 Posts
Joined Dec 2018
chemman14
Original Poster
May 21, 2024 04:43 PM
1,502 Posts
$2.17/g premium before any cash back as of this comment.
May 21, 2024 04:47 PM
1,543 Posts
Joined Jan 2013
Curb71May 21, 2024 04:47 PM
1,543 Posts
Quote from chemman14 :
$2.17/g premium before any cash back as of this comment.
Oz>g 😡
Original Poster
May 21, 2024 04:48 PM
1,502 Posts
Joined Dec 2018
chemman14
Original Poster
May 21, 2024 04:48 PM
1,502 Posts
Quote from Curb71 :
Oz>g 😡
Correct, ounces weigh more than grams.
3
May 21, 2024 05:04 PM
25 Posts
Joined Jan 2012
kphthMay 21, 2024 05:04 PM
25 Posts
Check my math

100g = 3.215075 troy oz
@7999.00 = $2488.27/oz
4% = $99.53

$ 2,388.74 after the 4% discount.

Great deal spot is ~$2423.00 ATM
Quote from chemman14 :
Correct, ounces weigh more than grams.
Last edited by kphth May 21, 2024 at 10:05 AM.
Original Poster
May 21, 2024 05:07 PM
1,502 Posts
Joined Dec 2018
chemman14
Original Poster
May 21, 2024 05:07 PM
1,502 Posts
Quote from kphth :
Check my math

100g = 3.215075 troy oz
@7999.00 = $2488.27/oz
4% = $99.53

$ 2,388.74 after the 4% discount.

Great deal spot is ~$2423.00 ATM
Nope that math is spot on. To those voting this as "Not a good price" please post where you are getting these for a better price
May 21, 2024 05:17 PM
25 Posts
Joined Jan 2012
kphthMay 21, 2024 05:17 PM
25 Posts
Quote from chemman14 :
Nope that math is spot on. To those voting this as "Not a good price" please post where you are getting these for a better price
I believe that most that poupou these deals are not understanding the math. The beauty of Costco is they set a price a day or two before it gets posted for sale. Last week it was selling below spot while gold was running up. No where can you buy GOLD like this. take advantage while you can. They will change this, I am sure of it.
May 21, 2024 05:18 PM
25 Posts
Joined Jan 2012
kphthMay 21, 2024 05:18 PM
25 Posts
Quote from kphth :
I believe that most that poupou these deals are not understanding the math. The beauty of Costco is they set a price a day or two before it gets posted for sale. Last week it was selling below spot while gold was running up. No where can you buy GOLD like this. take advantage while you can. They will change this, I am sure of it.
I normally like to buy the buffalo gold. there is not markup after the 4% discount.

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Original Poster
May 21, 2024 05:21 PM
1,502 Posts
Joined Dec 2018
chemman14
Original Poster
May 21, 2024 05:21 PM
1,502 Posts
Quote from kphth :
I believe that most that poupou these deals are not understanding the math. The beauty of Costco is they set a price a day or two before it gets posted for sale. Last week it was selling below spot while gold was running up. No where can you buy GOLD like this. take advantage while you can. They will change this, I am sure of it.
Yeah I fear at some point they will exempt bullion from the executive cash back. Although they may not as it for sure motivated me to upgrade my membership.
May 21, 2024 05:49 PM
25 Posts
Joined Nov 2017
nim00204May 21, 2024 05:49 PM
25 Posts
Quote from kphth :
Check my math

100g = 3.215075 troy oz
@7999.00 = $2488.27/oz
4% = $99.53

$ 2,388.74 after the 4% discount.

Great deal spot is ~$2423.00 ATM
$7999x4% will be around 320.
Original Poster
May 21, 2024 05:59 PM
1,502 Posts
Joined Dec 2018
chemman14
Original Poster
May 21, 2024 05:59 PM
1,502 Posts
Quote from nim00204 :
$7999x4% will be around 320.
He was doing the / oz cost calculations though.

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