Slickdeals is community-supported.  We may get paid by brands or deals, including promoted items.
Sorry, this deal has expired. Get notified of deals like this in the future. Add Deal Alert for this Item
Frontpage

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

$2300
+ Free Shipping
+22 Deal Score
45,105 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

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
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Deal
Score
+22
45,105 Views

Your comment cannot be blank.

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.

Sign up for a Slickdeals account to remove this ad.

Joined Dec 2007
L3: Novice
> bubble2 185 Posts
36 Reputation
BluePinot
03-29-2024 at 08:22 AM.

Our community has rated this post as helpful. If you agree, why not thank BluePinot

03-29-2024 at 08:22 AM.
Quote from ThePublisher :
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.

Sounds like most people don't know that they can earn a yield with physical gold, paid in physical. Lease out or invest in gold bonds. I believe historically 3.5%-19% depending on risk appetite. You can diversify or blend. Free shipping and insurance. And safekeeping.

Here's an article that goes into more detail. https://www.physicianonfire.com/m...ls-review/

Not for everyone but a missed opportunity for some.
2
>
1
Like
Funny
>
Helpful
Not helpful
Reply
Joined Oct 2017
L5: Journeyman
> bubble2 579 Posts
314 Reputation
LordVaako
03-29-2024 at 08:53 AM.
03-29-2024 at 08:53 AM.
Quote from ThanahD :
,By weight it is 91.67% gold (22 karat), 3% silver, and 5.33% copper.
Correct, but still, you buy 1 troy ounce of gold.

Total weight is 33.93 grams.
- Gold 91.67% of 33.93 = 31.1036 grams = 1 troy oz
- Silver 1.0179 grams
- Copper 1.8085 grams
1
Like
Funny
>
Helpful
Not helpful
Reply
Last edited by LordVaako March 29, 2024 at 08:56 AM.
Joined Feb 2024
L3: Novice
> bubble2 199 Posts
165 Reputation
Slickerdealerz
03-29-2024 at 09:33 AM.
03-29-2024 at 09:33 AM.
Quote from BluePinot :
Sounds like most people don't know that they can earn a yield with physical gold, paid in physical. Lease out or invest in gold bonds. I believe historically 3.5%-19% depending on risk appetite. You can diversify or blend. Free shipping and insurance. And safekeeping.

Here's an article that goes into more detail. https://www.physicianonfire.com/m...ls-review/

Not for everyone but a missed opportunity for some.
I have heard this company before, do you actually invest with them? How is your experience?
Like
Funny
>
Helpful
Not helpful
Reply
Joined Feb 2024
L3: Novice
> bubble2 199 Posts
165 Reputation
Slickerdealerz
03-29-2024 at 09:35 AM.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Apr 2011
L3: Novice
> bubble2 112 Posts
32 Reputation
jLikeToShop
03-29-2024 at 09:45 AM.
03-29-2024 at 09:45 AM.
Buy it if you like, but I'm waiting for it to hit $50 😆 Black Friday??
Like
Funny
>
Helpful
Not helpful
Reply
Joined Mar 2006
Too $lick to Quit
> bubble2 2,059 Posts
427 Reputation
TRUMP_XD
03-29-2024 at 09:59 AM.
03-29-2024 at 09:59 AM.
Quote from k9itty :
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.

They all have 1 ozt of pure 100% gold in the end - the ones with less purity will simply weigh more in total, as they have other metals added for durability. Think of the American Eagles as you getting free additional metals on top of your 1 ozt of pure gold 😎
1
Like
Funny
>
Helpful
Not helpful
Reply
Joined May 2007
L2: Beginner
> bubble2 59 Posts
14 Reputation
URDeal
03-29-2024 at 12:12 PM.
03-29-2024 at 12:12 PM.
In Minnesota sales tax exempt is only for 99.9% gold. They are charging sales tax for this coin.
Like
Funny
>
Helpful
Not helpful
Reply

Sign up for a Slickdeals account to remove this ad.

Joined Jan 2009
Just a Mile away.
> bubble2 7,384 Posts
1,415 Reputation
MrDeaals
03-29-2024 at 12:35 PM.
03-29-2024 at 12:35 PM.
these dropped by $30 today..
Like
Funny
>
Helpful
Not helpful
Reply
Joined Dec 2007
L3: Novice
> bubble2 185 Posts
36 Reputation
BluePinot
03-29-2024 at 03:45 PM.
03-29-2024 at 03:45 PM.
Quote from Slickerdealerz :
I have heard this company before, do you actually invest with them? How is your experience?

I haven't invested with them yet but have them in my scopes. In process of figuring out what % of physical holdings to allocate to a third party vault. As the saying goes "if you don't hold it, you don't own it." Be forewarned, if you enter your phone number on their site, you might get spammed with sales calls. I'm not endorsing them, only sharing an option that most have probably not considered.

I have a good amount of physical in a self directed Roth IRA with a 2 way strategy:
1.) if prices go higher, ride it out and continue paying $250 annual storage fee (used to be $200). The storage fee is pretty cheap depending on how much you have in storage — it's not taking up personal real estate, don't have to worry about burglary, your dedicated allocation stored in vault with armed guards. Upon retirement age, I can withdraw all gains tax free.

2.) If we experience a credit crash scenario where spot prices fall below my original cost basis, I'll close the IRA and take delivery of the physical.

When purchasing in an IRA, I pay spot+premium. When selling from IRA, only the current spot price is considered (ex premiums).

Long term tax advantage play. Short-mid term premiums play.

Hypothetical: my (spot+premium) physical silver cost basis was $20. — currently spot is $25. If long term silver goes to $30+, I may ride out the IRA. If a credit scenario takes place and spot goes down to $20 or below, I'll pull from the IRA and vault.

Back to Monetary Metals, part of my physical holdings are a legacy play. I don't plan on needing them and would like to pass them on to kids. Why not collect some income? 5-19% yield on physical gold/silver hypothecation sounds pretty enticing. The only cost incurred is the small split percentage from yield.

Reminds me of mutual funds or 401ks. Gains are net of expense ratio or management/marketing fees. Most people don't care about the fees as long as they're content with overall gains.

I'll have to do a little more due diligence but that's the direction I'm headed.

While I'm at it, here are some other hard lines I follow when it comes to physical metals: avoid state taxes ($2000+ in CA), meet free shipping reqs, pay via ACH unless it's a Costco deal where they don't assess credit card transaction fees and you can stack rewards pts/cashback. Don't forget about the numismatic world. My greatest gains came from collectibles premiums. I'm talking about over 15x gains.
>
2
Like
Funny
>
Helpful
Not helpful
Reply
Last edited by BluePinot March 29, 2024 at 06:15 PM.
Joined Mar 2010
L4: Apprentice
> bubble2 321 Posts
24 Reputation
butundo
03-29-2024 at 06:39 PM.
03-29-2024 at 06:39 PM.
looks like everything is sold out. Glad i jumped on the buffalo at 8am today
Like
Funny
>
Helpful
Not helpful
Reply
Joined Mar 2010
L4: Apprentice
> bubble2 321 Posts
24 Reputation
butundo
03-29-2024 at 06:47 PM.
03-29-2024 at 06:47 PM.
the canadian maples and the PAMPS are back in stock as of 9:45 pm
Like
Funny
>
Helpful
Not helpful
Reply
Joined Oct 2004
L10: Grand Master
> bubble2 7,298 Posts
1,294 Reputation
VarmintCong
03-30-2024 at 02:12 AM.
03-30-2024 at 02:12 AM.
Quote from locomo :
Wait til October to buy the miners.
Why October, cause of the election?

I've been buying miners already, finished buying in fact. Now just waiting for them to catch up to gold.
Like
Funny
>
Helpful
Not helpful
Reply
Joined Oct 2004
L10: Grand Master
> bubble2 7,298 Posts
1,294 Reputation
VarmintCong
03-30-2024 at 02:15 AM.
03-30-2024 at 02:15 AM.
Quote from atom311 :
I want to ask --> What are you people going to do with this? Will you put this on the mantle? Of course not, you bought this thinking it's an investment.. but in reality.. when do you actually pull some sort of profit?

I will let the gold bulls here answer this. Thanks in advance.
Are you asking us or telling us? Big Grin
Like
Funny
>
Helpful
Not helpful
Reply
Joined Nov 2014
L4: Apprentice
> bubble2 392 Posts
78 Reputation
EliteDealHunter
03-31-2024 at 11:33 AM.
03-31-2024 at 11:33 AM.
I ordered 5 of these and just noticed the total sale amount is showing as a pending refund from Costco. I guess they are going to cancel my order or something. Not sure why.
Like
Funny
>
Helpful
Not helpful
Reply
Page 7 of 7
Start the Conversation
 
Link Copied

The link has been copied to the clipboard.