I returned for Gold Bars at Costco and THIS happened!

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2 июн 2024

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Комментарии : 286

@danielbasso586 2 месяца назад

As a Costco shareholder, I love these heart warming stories.

@SleepyMagii Месяц назад

Yoo, same 😆 They are a good buisness imo

@rebeltheharem7028 15 дней назад

Yup. Even at 800, I still think its a good buy.

@emmetttcoyle2477 9 дней назад

😂😂😂😊

@tracymcgee8141 Месяц назад

My Costco just hands you the bars, no boxes.

@rudypoo4370 2 месяца назад

Welcome to Costco - I love you - Gold bars? Last aisle on the right

@GoldBug83 2 месяца назад

Welcome to Costco, I love you. Welcome to Costco, I love you 🤣🤣

@TheQuickSilver101 2 месяца назад

Getting gold for a few dollars over spot and getting cash back. That's tough to beat!

@manuelericmijangos499 Месяц назад

And no sales tax! That's huge!

@SleepyMagii Месяц назад

They shouldn't be taxing MONEY anyway 😮‍💨 They've succeeded in getting people to think fiat Is money (rather than empty currency/debt) Instead of actual sound money (gold, etc) It was illegal to tax money, like paying 1.25 when you trade in 4 quarters... like whut?

@jennifertran218 Месяц назад

My son in law, buy two and paid tax!!!

@cocoabiscuits Месяц назад

@@SleepyMagii exactly. Can't tax on a debt. Taxation is theft. This is why no one should be paying income tax anymore.

@detroitjohn4724 19 дней назад

Thank you for a great presentation. the 2% rebate is awesome.

@BygoneGent 2 месяца назад

The Au coins sell SO FAST from their app. I watched over the weekend as they sold out of 1 oz Maples then Buffalos then Eagles. Wish I could say I was the one who bought them out, but I’m happy for everyone who is stacking these into their deep stacks.

@gargoyle7863 Месяц назад

Mus be because of the cash backs. They literally sell under spot price, no wonder they're bought out all the time.

@mukesharora2053 Месяц назад

Reason is they are the cheapest in price. Even here people wants a brand name.Same purity and same weight . Probably Switzerland enjoys better goodwill than Australia.

@silverandgolddrew 2 месяца назад

Haven’t found any gold or silver bars in any of the Arizona locations yet 😢. Thanks for sharing!

@mmarmrcz6770 2 месяца назад

Just called a Costco near me (Syracuse, NY). The lady on the phone said they do sell PAMP bullion Au bars, but they haven't had a shipment in 6 weeks. Out of stock currently.

@Bullionexchanges 27 дней назад

We always have in stock 😉

@rebellucy6200 2 месяца назад

Just imagine if your Grandpa buried a few gold coins in the backyard in 1933 when the government was paying $20 per ounce. That $20 quietly grew to $2,400+.

@sorenk.9595 2 месяца назад

in 1933, you could by a freshly tailored suit for $20. Today, that same suit would cost $2400.00. Its all relevant.

@ItsEverythingElse 2 месяца назад

@@sorenk.9595 IOW, you wouldn't be rich today, you'd only have preserved your wealth.

@paulbrungardt9823 2 месяца назад

@@sorenk.9595 BING !

@bobblenuts 2 месяца назад

@@sorenk.9595 Buying a tailored or even a freshly tailored suit is probably the last thing I would ever buy. However, If I'm shopping at Costco for my gold bars, I'm also buying all the toilet paper I can stuff into my truck while I'm there! 😁

@Enfield2A 2 месяца назад

And - some of that Gold is still in the ground for many towns like Anaheim CA, established in 1857. Just need to know where to dig.

@erikthered5539 2 месяца назад

Geez, now I have to go to my local Costco and investigate! That was a SpegTacular price on gold bullion especially with the cash back!! 👍🏼✌🏼

@abitofeverything1234 2 месяца назад

Spectacular Channel, Thanks.

@silversleuth007 2 месяца назад

Costco bullion purchases are good for mitigating state sales tax. I have the executive membership, and the citi costco visa, but have yet to see any bullion in the store. Great purchase at any price. Thanks for sharing.

@NrthrnKnght Месяц назад

just bought 10 silvers in costco in clarkston wa

@mukesharora2053 Месяц назад

Fully agreed, buy from locals who also supply in sealed packs. Remember when these corporate were not around, these gold coins were still selling.

@DWizz-ns8xk 2 месяца назад

Can’t beat Costco! Hey Speg, why not get a gold eagle for the same price with Costco online? Or Maple for $2,390 right now! They recently started charging a little more for buffalos.

@JoeGiz64 Месяц назад

Good overview, new subscriber! I just. Bought my my first bar and first gold eagle last week, was lucky to find it online. Where did you get the precious metal validator?

@WBCWBC-hy2kk Месяц назад

am i the only one that missed the part when he returned the gold???

@williamfrye552 Месяц назад

He returned "for" gold, meaning he returned for more.

@lazsloww Месяц назад

Costco does not offer refunds for bullion.

@user-np5kg5ud8y Месяц назад

Buy it if you have cash but don’t need them.

@john316godlovesyou5 2 месяца назад

Thanks for the great video! God bless you!

@FacelessSilverStacker 2 месяца назад

5 ? Yes quite an Expensive Purchase for sure 👍

@WilliamB.-ij6gl 8 дней назад

glad to hear you mention spot price. it's a cool thing to own or gift as long as it makes sense as an investment

@GhostDiZ 2 месяца назад

Cool video great purchase beautiful bracelet

@AceBullion Месяц назад

2% cash back, plus 3% Credit card, 5% / 4% WOW nearly $100 less. I wish we got those deals here in the UK bud. That is awesome that Cosco sells these

@tabbycat8511 5 дней назад

@@AceBullion And you actually forgot something. I’ll let you figure it out.

@AceBullion 5 дней назад

@@tabbycat8511 🤔🤔🤔🤔 No clue

@jeffs4760 Месяц назад

Great video. You're better of buying Pre-33 $20 Saint Gaudens Gold Double Eagle Coin (MS64, PCGS or NGC). They are worth more and .9675 ounce by themselves.

@efr2681 2 месяца назад

And then there are of those of that live in ‘The Silver State’….the great state of Nevada. And we pay sales tax, almost 9%. How much does that suck? The Silver State…hmmmph.

@mrbiglicks8267 2 месяца назад

Need to be lobbying your representatives to get rid of bullion tax

@cropduster8798 Месяц назад

Across the pond we pay 18% sales tax on all gold and silver and it's hard to find. There is always someone worse off than you. Be grateful.

@efr2681 Месяц назад

18%. Wow. It wouldn’t even be worth buying. You are taking an 18% haircut the day you get it, much less spot, below spot, premiums…it would be tough to ever get ahead.

@cropduster8798 Месяц назад

@@efr2681 yep it's not easy and we have one of the highest costs of living and low wages. You have to love communism, I think they like to call it a democracy so the natives don't get restless.

@RobertLee-wi5kc Месяц назад

Chapter 372 coins bars and rounds are tax exempt. However you are screwed on siler and gold eagles as they are worth more than 50% over face value. Kinda dumb huh?

@victoria19853 Месяц назад

It would off been nice if Cosco had it 5 years ago when Gold was at 1053 bucks an once.

@LuisPerez-xe6nu Месяц назад

Is this for collection? I am wondering why overpaying for gold when prices have not surpassed 2,250.27 in the stock market YTD?

@songsofalifetime8508 Месяц назад

Thank You very much sir. Greetings from Canada . Very helpful video

@bigblind4085 2 месяца назад

That's a nice one! Wholesale gold ! How about a video on pay dirt? Thx for another inside deal video 😊

@Serjo777 5 дней назад

Pay dirt?

@bigblind4085 4 дня назад

@@Serjo777 yeah maybe I should ,pay dirt you buy and classify and pan out the gold

@RobertBorel-uu7iv Месяц назад

Gold is still $20/Oz, the dollar has been devalued.

@OzkAltBldgCo-bv8tt Месяц назад

Have been working on a list to buy a lot of bulk goods at Costco I don't have a membership currently but when I get one really plan on making the most of it. I'm always going to need Rotel can of Olives can of mushrooms so I can see myself buying 144 of each. In addition to that I guess I would buy silver and gold at Costco.

@Cellcorner Месяц назад

how are you gonna sell it for full price? or you bought for your grand kinds?

@dianneplus4736 Месяц назад

finally found silver bars at Costco.. had a 10 ea limit... yep .. got me 10.. was lucky I got them.. they move fast in the stores

@scottgrayson9668 2 месяца назад

Nice good luck thanks spectacular See you on the next one

@johnjacobs1625 2 месяца назад

Nice Pick Up!

@user-fo9ps6ww8w 2 месяца назад

What a spectacular deal..

@kaynefryday6637 2 месяца назад

Gday @Speg hope you are having a awesome week

@embun1945 Месяц назад

In Costco CA I cannot find Costco selling Gold Bar Silver Bar; besides, we must pay sales tax to buy bullion in CA.

@ellenm2873 Месяц назад

We had it in our CA Costco. I didn’t get it in a box though!

@rainmaker3948 Месяц назад

I just bought it today in los angeles

@cpK054L Месяц назад

Probably because if you had exposed gold in LA it gets robbed immediately

@alpinewhite Месяц назад

Mine wasn't taxed

@mrparkerdan Месяц назад

gold should not be taxed 😡

@robhart4601 2 месяца назад

What happens at Costco if you were to return the Gold bar when spot price has dropped? Do they give you back what you paid for it?

@ellenm2873 Месяц назад

Costco does not give refunds or returns for the gold or silver. They have big signage to warn you.

@ferebeefamily Месяц назад

Thank you for the video.

@officiallolnick 5 дней назад

I’ve gone to the Brandon store several times and never see any bars. Do you know when is the best time to check ?

@corruptduboiscountyindiana5058 Месяц назад

hows it work buying silver and gold coins off walmart

@justindozone2160 Месяц назад

Did you have it assayed? I shop at Costco but with a great deal of caution because I do not trust them one bit (for good reason). BTW, why the fancy outer box and its cost? Today, 3 weeks hence, gold is $2,326 down $89 if your $5 premium is correct.

@NOSUBSCRIBERSWANTED День назад

How quickly people forget that there was once a time when the US Government didn't allow holding gold. It was from 1933 to 1974, and there is nothing that says they won't ban personal ownership of gold again. Knowing this, why would anyone buy gold with a paper trail? If your going to buy gold, never leave a paper trail. If you can't buy gold anonymously, your not safe owing it. Also, if some asks you, do you buy gold often?, you should never answer that question.

@smokeystriper Месяц назад

The last time I bought gold (American gold eagles) I got 3 OZ at just over $1250 each.(including the premium) The obvious plus is that My investment has just about doubled. The negative is that I cant bring myself to buy any more gold because I know how much it used to be.

@hubster4477 Месяц назад

How do you get them, always sold out.

@MootElm Месяц назад

Wanted to get 2 of these last fall and prices were much better but unfortunately, it kept going up and now, price is too high for me 😢

@BOLTZtheCLOWN 2 месяца назад

90 off wow buy me one next time lol

@mykittenisagrandmaster4381 21 день назад

Have you ever checked to see if they have the Lunar Dragon bar or the Fortuna anniversary bar?

@waynekolvoord968 2 месяца назад

we need to say the pledge every day, thanks.

@bvwalker1 Месяц назад

So when everyone says Cosco sells out, it makes sense if they only get 5 in at a time. Misleading. Great deal though

@trevorgwelch7412 Месяц назад

If I'm not mistaken 1 Troy ounce of gold is $2356 . July 04/24

@NextLevelAutoDiagnostics 27 дней назад

@@trevorgwelch7412 $2419 is still not a bad retail price

@deltapag5051 18 дней назад

Would be great if Cosco would buy back the gold bars at a reasonable bid/ask. Would really make gold "liquid", put your savings in gold, use it to buy groceries.

@BlueSky-td9in 14 дней назад

No refund in Costco

@Robert-ho1ie Месяц назад

I buy my gold bullion, maple leafs ,eagles, and silver from JM Bullion in Dallas.

@Stoey_eth Месяц назад

That’s an amazing deal

@ricksta831 Месяц назад

I seen them just personally like bullion coins better.. I seen that alot of ppl don't really like those bars..

@deplorablegal4078 2 дня назад

Dumb question but now what do you do with it?

@acephysics123 Месяц назад

I didn’t see you return it? That price is average. You can get that at any online dealer.

@tactileslut Месяц назад

Not "returned four bars" but "returned for bars" meaning he went back to the store to make a purchase of bars.

@laetitiazichy-vanlidth5882 2 месяца назад

Hello how much for the verifier? Thx (where to buy?) Thx

@mrbiglicks8267 2 месяца назад

About 1200+

@Quentyn73 Месяц назад

Costco deals became very scarce over the last year. Wondering how they still stay afloat with those prices.

@neilcharles2520 Месяц назад

Because Costco knows the price of gold and silver will drop and all these fools especially baby boomers will lose a lot of heir savings,because of greed...

@gargoyle7863 Месяц назад

When they make a loss by the cash backs this won't fly forever. Use it as long they offer it!

@KatieDarden 27 дней назад

would be funny if our Costco actually offered.

@raymondmatava9285 Месяц назад

How do you sell your gold?

@acephysics123 Месяц назад

Wait a long time or take a loss. I sell mine at coin shows.

@KK-fy6xf 21 день назад

S&P performance is better than Gold

@324amgela 11 дней назад

Were you Bay the Gold texter were I can buy it

@luvtoyscollector3373 Месяц назад

Those are nice 👍

@DMX-PAT Месяц назад

Please don't take this the wrong way, as I totally respect your investment... That thing is definitely not a "gold bar", it's a "rectangular gold coin".

@alpinewhite Месяц назад

It's called a "gold bar" at all the online places that sell them.

@cryptojohnny7781 Месяц назад

🤣🤣🤣🤣🤣🤣

@Robert-ho1ie Месяц назад

JM Bullion calls them gold bars also

@mukesharora2053 Месяц назад

Anything lighter than 1 ounce is a gold coin and weighing 1 ounce or heavier is a gold bar. It doesn’t relate to size or shape .

@Robert-ho1ie Месяц назад

@@mukesharora2053 of course this is troy ounce.

@JohnSmith-nj4zq 14 дней назад

I hope Costco will check the Gold Bar returns to make sure the returned item is not an Ebay fake. I can see scammers buying the real bar and trying to return a fake one.

@FilthyMcNasty6.5 10 дней назад

No returns on gold bars/coins or silver bars/coins at costco

@visittavee7773 22 дня назад

Cost co pay you when you use city bank card , but you pay membership $120 per year, you get only 2% that all

@michaelsims2952 Месяц назад

Location?

@lindathomas2350 Месяц назад

I live in Las Vegas and our Costco stores will not accept credit cards only debit cards or cash or check. The exception is their own credit card I suppose if they have one. I'm not sure about that.

@ellenm2873 Месяц назад

Our Costco won’t accept cash and only VISA credit cards and debit cards. Check is ok still I believe.

@BicamsBirantecamara-oq5jd 12 дней назад

Thank you so much as España

@SVY717 26 дней назад

Which is that card giving 3% cashback at Costco?

@gregorygibson5455 2 месяца назад

Hello SpecTacular

@DeOppressoLiber 27 дней назад

Thank you for the video I had a question if you or anyone can answer my question I would greatly appreciate it. How much is the street price if one was to buy it from Costco then sell it elsewhere.

@Spegtacular 27 дней назад

I'm confused by the "street price" but each shop will generally give you different amounts depending on what's happening in the market at the time of sale. Not only is the spot price considered, but demand and ease of that particular shop to obtain metals could play a factor.

@talldrummer1 8 дней назад

The time to buy gold is when the price is LOW..

@MrMarcol29 2 месяца назад

Support your Local coin shop. You’ll be crying when they close because you are supporting the corporates

@mattmatt6572 2 месяца назад

Yep Costco won't buy it back from you. By selling and not buying the locals will be buying back that much more then they can sell wich will in turn reduce the price they are able to buy it for

@Petequinn741 9 дней назад

Local coin shop will only give you half value

@user-ho7if4dx9q Месяц назад

I wonder what would happen if you actually had to return a gold bar at Costco

@oeckstei Месяц назад

Do you store them in a safe? Safety deposit box?

@eagle49624 Месяц назад

Bank deposit boxes can be robbed by thieves, g-men and bankruptcy courts.

@tonyp2865 Месяц назад

You're paying a premium with PAMP bars that you won't get back. A plain one-ounce bar from a reputable dealer is the best.

@Spegtacular Месяц назад

I don’t think you heard about the cash back part.. otherwise I think you’d change your thoughts

@tonyp2865 Месяц назад

@@Spegtacular No I won't because I've had lots of PAMP bars so I'm experienced. Now I buy 1 oz bars.

@Spegtacular Месяц назад

Do you get how I paid about $80+ under spot for these? There’s no premium.

@tonyp2865 Месяц назад

@@Spegtacular If you paid 80$ below spot then Costco must have purchased them some time back or they sell them at a loss. It's one or the other. I pay about 80$ above spot because the seller needs to make something. Anyway it doesn't matter what you paid on the day because it's the longer term that's important.

@Robert-ho1ie Месяц назад

@@tonyp2865you don't flip gold like you do real estate. I buy it as a collectors piece. I'm in no hurry to sell my pound of gold.

@timothyhsu9418 9 дней назад

I have two of them brought at 1900/oz

@80sGuy. 25 дней назад

I expect gold bars to be a lot BIGGER than this SD card-size thingy.

@gg80108 6 дней назад

you want 1/4 oz.

@tomliu6358 Месяц назад

The irony is Costco should offer block chain oz in gold and silver. This will be very convenient for all buyers. Specially, those 400 oz or 10 kg bars, no one likes to carry. That is why bitcoin leapfrogs gold, this feature is mandatory. Costco could be our real bullion bank. Currently all merchandises business will be insignificant as bullion sales will be 10X of its revenue IF block chain oz is available

@Robert-ho1ie Месяц назад

I wouldn't touch bitcoin! That's just me.

@lylek8933 25 дней назад

Wish Sam's would sell gold bars. Costco's just way out of the way for me where I live. :)

@slowridefpv9668 Месяц назад

Haven’t really paid attention but 999.9 is a little odd. Seems like it should be 99.99?

@324amgela 11 дней назад

Yes

@chengsgroup2518 Месяц назад

I buy it directly from the bank here in Asia with vin number….. so if they say is fake u can sue them….

@markhaseley3304 2 месяца назад

Nice.

@shellyu1442 Месяц назад

Genuinely curious… how do you sell these?

@tonyp2865 Месяц назад

Any gold bullion dealer.

@prophetseven728 15 дней назад

I rather put that money in stocks. It go up faster and you get dividends. Gold looks pretty but really does nothing. It does not produce.

@el2323 18 дней назад

"I returned to Costco for Gold bars and this happened." - There I fixed your title.

@Spegtacular 18 дней назад

It reads correctly as-is. I’m sorry if people aren’t quite getting it or are thinking it’s something else. That’s not my fault 🙈

@aleksandrmarkov5992 Месяц назад

At first I read, "I returned my gold bars at Costco ...". I was like, another hater complaining bout the no-return policy for gold bars? I am glad I was wrong...

@tuyetvo4353 Месяц назад

Money lost values- Gold gain a lot $$$$$$$$$

@chadster7547 Месяц назад

Yep. a week later and gold drops $100 and silver crashes $2/oz. I'm sitting out until Gold drops back to $1,800 and silver back to $21...which they 100% will at some point.

@drbassface Месяц назад

I just noticed the same…it dropped.

@rainmaker3948 Месяц назад

10,000 is coming

@tonyp2865 Месяц назад

That's the gamble you make.

@Robert-ho1ie Месяц назад

It's an investment just like playing the stock market. I have time on my side because I don't purchase gold or silver if I think I might need the money within 10 years.