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expired Posted by DuelMaster • Sep 10, 2024
expired Posted by DuelMaster • Sep 10, 2024

Costco 1 oz Gold Bar PAMP Suisse Lady Fortuna Veriscan (New In Assay) $2,549.99 $2549.99

$2,550

Costco Wholesale
36 Comments 31,373 Views
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Deal Details
Shipping & Handling Included
Shipments of this item will not be delivered if the recipient of record is not present and available to sign Item may be available in your local warehouse, prices may vary.

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


Bar Highlights:
1oz 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 
Carbon Neutral certified by the Carbon Trust in accordance with the international PAS 2060 Carbon Neutrality Standard, identified by a 'footprint' label
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

https://www.costco.com/.product.4...Yqlg%3D%3D
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Shipping & Handling Included
Shipments of this item will not be delivered if the recipient of record is not present and available to sign Item may be available in your local warehouse, prices may vary.

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


Bar Highlights:
1oz 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 
Carbon Neutral certified by the Carbon Trust in accordance with the international PAS 2060 Carbon Neutrality Standard, identified by a 'footprint' label
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

https://www.costco.com/.product.4...Yqlg%3D%3D

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36 Comments

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Sep 10, 2024
1,802 Posts
Joined Jan 2024
Sep 10, 2024
WolfTheCat
Sep 10, 2024
1,802 Posts
JM bullion will buy it for $2448, less about $40 to ship it to them:
https://www.jmbullion.com/my-acco...r.weight=1

With 4% executive and credit card cash back, it costs $2448.

So, transaction cost is nearly zero. Good, but some of these Costco deals have negative transaction cost.

Compare that to an ETF, where transaction cost is usually zero, but holding cost is about 1% of your investment every 4-5 years due to ETF management fees.
Last edited by WolfTheCat September 10, 2024 at 03:50 PM.
2
4
Sep 10, 2024
7,408 Posts
Joined Sep 2008
Sep 10, 2024
DogAndPony
Sep 10, 2024
7,408 Posts
Bought one for some cc churning. Easy flip with at least breakeven
2
Sep 10, 2024
1,802 Posts
Joined Jan 2024
Sep 10, 2024
WolfTheCat
Sep 10, 2024
1,802 Posts
Quote from DogAndPony :
Bought one for some cc churning. Easy flip with at least breakeven
May Lady Fortuna, the goddess of luck be with you and prevent the price of gold from going down before you can sell it.

Also be aware Costco executive cash back has a limit of $1,250/year, and many cc cb deals also have limits.
Last edited by WolfTheCat September 10, 2024 at 04:15 PM.
1
3
Sep 10, 2024
249 Posts
Joined Aug 2017
Sep 10, 2024
chadt3534
Sep 10, 2024
249 Posts
when we first started selling these, 1799.99, price is going way up over the months.
1
Sep 10, 2024
721 Posts
Joined Jan 2007
Sep 10, 2024
noeffort
Sep 10, 2024
721 Posts
bought one and some silver rounds.....
1
Sep 10, 2024
3 Posts
Joined Oct 2023
Sep 10, 2024
T_Kicks94
Sep 10, 2024
3 Posts
Quote from chadt3534 :
when we first started selling these, 1799.99, price is going way up over the months.
Crazy to think about how high the price has jumped since then
1
Sep 10, 2024
412 Posts
Joined Jun 2016
Sep 10, 2024
daveneo6
Sep 10, 2024
412 Posts
Quote from noeffort :
bought one and some silver rounds.....
Thanks, bought some silver rounds instead of the gold.
1

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Sep 10, 2024
35 Posts
Joined Dec 2014
Sep 10, 2024
mehrshadazizi
Sep 10, 2024
35 Posts
I remember few months ago was $2050 if im not mistaken 🧐
2
Sep 10, 2024
3,573 Posts
Joined Nov 2013
Sep 10, 2024
TrollingBy
Sep 10, 2024
3,573 Posts
Quote from chadt3534 :
when we first started selling these, 1799.99, price is going way up over the months.

That's what I was going to say. Gold climbed fast in a few months.
Sep 10, 2024
191 Posts
Joined Dec 2007
Sep 10, 2024
BluePinot
Sep 10, 2024
191 Posts
Did anyone sit on it rather than turning it around for a quick buck? Gold has played out very nicely.
1