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Costco Members: 1 Troy Oz. 2024 American Eagle Gold Coin (New In Assay) Expired

$2300
+ Free Shipping
+22 Deal Score
44,650 Views
Costco Wholesale has for their Members: 1 Troy Ounce 2024 American Eagle Gold Coin (New In Assay) for $2299.99. Shipping is free.

Thanks to Community Member chemman14 for finding this deal.

Note: A Costco Membership is required to purchase this item. Limit of 1 Transaction Per Membership, with a Maximum of 5 Units. Item is non-refundable and not eligible for price adjustments.

Features:
  • Contains 1 troy oz of Pure Gold as 91.67% Fine
  • Produced by the United States Mint
  • Individually packaged in an encapsulated assay card
Good Deal?

Original Post

Written by
Edited March 28, 2024 at 12:47 PM by
Features:
91.67% Fine Gold Coin
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:
Contains 1 oz of Pure Gold as 91.67% Fine
Produced by the United States Mint
Individually packaged in an encapsulated assay card
Terms & Conditions
Item is non-refundable
Item is not eligible for price adjustments

https://www.costco.com/.product.1804545.html
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Deal
Score
+22
44,650 Views

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Featured Comments

It says it in OP's description, but just a reminder these are only 91.67% fine gold unlike every other gold offering I've seen from Costco.
This is not true. This coin is simply heavier than other coins. The gold melt is the same, 1 Troy oz.
FYI, this is a premium coin that you can sell for over spot. You can check the buyback price at:

https://www.moneymetals.com/2024-...e-coin/966

If purchased at Costco for $2300 - 2% Costco Executive Cashback - 2% Citibank Costco Castback, you're paying $2,208.

The site will currently buy it back from you for $2,250.

$2,250 - $2,208 = $42 profit.

If you buy 5 and sell 5 coins, you would profit $42 x 5 = $210 right off the bat.

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Joined Jul 2013
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Smokindealz
03-28-2024 at 09:23 PM.
03-28-2024 at 09:23 PM.
Quote from Smokindealz :
I posted a much better deal on Costco a few comments up 👍

These 50g / 100g bars sold out
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VarmintCong
03-28-2024 at 10:00 PM.
03-28-2024 at 10:00 PM.
Quote from revoc :
Why hasn't silver tracked with the price of gold?
Good question. Central banks are the primary buyers of gold recently, retail investors have been selling gold ETFs. Since central banks don't buy silver that could be the reason. And retail sales of coins and small bars doesn't affect the gold and silver price cause it's only 20% of the PM market.

Silver typically catches up and outruns gold in a bull market, which we're clearly in now with gold's monthly and quarterly close today at $2250.
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RockPasta
03-28-2024 at 10:40 PM.
03-28-2024 at 10:40 PM.
Man if I could just buy Costco stock with the Costco card cash back I would
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ThanahD
03-28-2024 at 10:58 PM.
03-28-2024 at 10:58 PM.
Quote from LordVaako :
This coin gross weight is 33.93 grams, with a gold fineness of .9167 giving it an AGW of 1 troy ounce.
,By weight it is 91.67% gold (22 karat), 3% silver, and 5.33% copper.
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VarmintCong
03-29-2024 at 12:55 AM.
03-29-2024 at 12:55 AM.
Quote from chemman14 :
$2300 for one oz is a lot harder to swallow than the $2080 it was just a few weeks ago when spot price was $200 lower.

It's a great deal if you're in the market for gold today as you cannot find AGE for less, especially when purchasing with a CC. That doesn't even factor in the 2% executive rebate.

If you think this is an ATH that won't be topped (price is already up $13 from when this went live) then it's not a good deal. Personally I think gold will keep increasing.
Gold just hit a closing monthly and quarterly high of $2250. It's broken out of the decade plus cup and handle and has been going straight up since. It's due for a pullback but the big money is already starting to piling in, cause it knows when gold breaks out, the median gain is 700%. Assuming this bull market started at around $1000 in 2016, we're talking $8000.

Our mutual friend's head is gonna explode. 😆
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eggsalad
03-29-2024 at 01:16 AM.
03-29-2024 at 01:16 AM.
Quote from VarmintCong :
Good question. Central banks are the primary buyers of gold recently, retail investors have been selling gold ETFs. Since central banks don't buy silver that could be the reason. And retail sales of coins and small bars doesn't affect the gold and silver price cause it's only 20% of the PM market.

Silver typically catches up and outruns gold in a bull market, which we're clearly in now with gold's monthly and quarterly close today at $2250.
Also gold is not silver. EEK!
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VarmintCong
03-29-2024 at 04:05 AM.
03-29-2024 at 04:05 AM.
Quote from eggsalad :
Also gold is not silver. EEK!
Silver used to trade a lot closer to gold. The ratio is currently 90:1. It's been as low as 8:1, median is more like 40:1, which would put silver at $56.
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strycker
03-29-2024 at 04:33 AM.
03-29-2024 at 04:33 AM.
Quote from Flawless700 :
This is not true. This coin is simply heavier than other coins. The gold melt is the same, 1 Troy oz.

Purity: 91.67% gold (22 karat), 3% silver, 5.33% copper
Metal Weight: 1 oz. - 1 troy ounce (1.0909 gross)

NOT all gold. When did this start?
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Pulgasari
03-29-2024 at 05:08 AM.
03-29-2024 at 05:08 AM.
Quote from Deltabasangler :
FYI, this is a premium coin that you can sell for over spot. You can check the buyback price at:

https://www.moneymetals.com/2024-...e-coin/966

If purchased at Costco for $2300 - 2% Costco Executive Cashback - 2% Citibank Costco Castback, you're paying $2,208.

The site will currently buy it back from you for $2,250.

$2,250 - $2,208 = $42 profit.

If you buy 5 and sell 5 coins, you would profit $42 x 5 = $210 right off the bat.

Not familiar with buyback pricing. Does it include shipping with insurance? If not then there goes your profit.
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carlosah3050
03-29-2024 at 05:40 AM.
03-29-2024 at 05:40 AM.
Got one. ty
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carlosah3050
03-29-2024 at 05:40 AM.
03-29-2024 at 05:40 AM.
Got one. Thanks
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AquaCaption4468
03-29-2024 at 06:58 AM.
03-29-2024 at 06:58 AM.
Yes, you get this at a bit of a discount, but you will also take a hit when you try to sell bullion. I have moved from bullion to a precious metals ETF. There is no premium over spot; there are many with no load, no storage or insurance issues, and it is simple to purchase more or sell.
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locomo
03-29-2024 at 07:18 AM.
03-29-2024 at 07:18 AM.
Quote from VarmintCong :
$2300 is a lot of money. Granted it's fiat money but still.

I'd rather buy 10,000 shares of a junior gold or silver miner. Those are still priced for $1600 gold.
Wait til October to buy the miners.
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babu.jayapragassam
03-29-2024 at 07:34 AM.
03-29-2024 at 07:34 AM.
This gold one is 91.6% as mentioned in Costco website. Other gold bars were 99.9% or 24karat
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ThePublisher
03-29-2024 at 07:35 AM.
03-29-2024 at 07:35 AM.
You all know gold hasn't really gone up in value over time? The dollars purchasing power has gone down. Look at gold price over time INCLUDING inflation. It basically sits still. So if you are looking to 'make money' this isn't the investment for you.
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