I returned to Costco for Silver Bars and THIS happened! 

You had me at no purchase tax!

@@TechieTard in Canada, all bullion is tax free because it's considered cash.

Does SAM’s Club have these?

Hey, thanks for heads up. I was wondering if Canadian Costco's had them. Great!

my grandfather owns a pawn shop. he has over 300lbs of scrap gold and more in silver scrap in 5gl buckets

Thanks bro! This info I was looking for 🙏🙏🙏❤️🇷🇺❤️ love from Dallas!

NY recently started taxing all metals, coins, old currency. But bullion over an ounce is tax exempt. But you have to ask the dealer eg apmex, ebay for a reimbursement. I am going to start next week.

@@frankventrella8558 ny lmao, that state has become the joke of America right next to California

Maryland charge 6% on metal it ps me the f off so much

@@sunso1991 go to Pennsylvania or West Virginia or Virginia. Maryland is close to all those states.

Right? with him catching the tax issue, it means he saved $174.00 on the 5 bars. Not bad at all.

I believe it is 4% cash back in total, 2% from Executive Member and 2% from Costco Citi credit card, unless using some other visa with better cash back

Too bad I cannot do that in California without the Taxes negating the cashback

@@abraham3981there’s no tax in CA if you spend more than $2000

APMEX Bullion card, gives you cash back for buying bullion.

Illinois has no tax on bullion, Wisconsin has to "compete" for those crossing the boarder to buy in Illinois.

Now Minnesota needs to fix this issue. They tax anything considered legal tender. No tax on bullion bars or rounds.

@@rudypoo4370 border*. NOT boarder. a boarder is one who boards people.

@@drewmcclintock7034 right. 😉 Miners, not minors

@@drewmcclintock7034 Last time I checked RU-vid was not a spelling class. Sometimes autocorrect on some cell phones changes the spelling when a person presses send and they never get to see what changed.

I would have asked that manager, "How come? Makes Costco too much money?". lol

Another shmart mgr ?🥵🤔🥵🤪

Costco is actually REALLY good at listening to customer feedback. See if you can't find who the GM for your store(s) are and contact them. I would be more surprised than not if they don't start stocking it - asst. mgr's POV be damned.

If they are not making enough of a profit on each one, then the advanced security and the process of ordering them might not be worth it. On each bar they are probably making only $1-$2 because people are not going to pay $10 over spot when it is easy enough to get them off JD Bullion and other only shops.

LOL. You'd think they like the extra sales!

So contact someone Joe. Be the kindle.

@@Spegtacular If I lived in Florida... and I had been wrongly charged tax TWICE... you bet I would ! But this happened to you, not to me. Most lawyers will give you a free consultation to discuss the case... you've got nothing to lose, and a lot to gain (for other Florida residents who buy bullion from Costco).

@@joeknipp6698 he obviously has more money then enough to not care about recouping the tax

I fixed the issue and no harm came to me. Someone who was wronged and no fix occurred needs to step forward.

@@TheDirtymikenation It's really not so much about the money but what is right and wrong.

Agreed. I've bought gold and silver for over a decade now and none of those buys, both local and online, were ever taxed. Anything made from gold or silver can be taxed, such as silverware, a silver coffee or tea service, or jewelry.

How is 2975 a good deal ?

i was thinking the same lol

you might have a typo with that final number haha

@@josephpadula2283 i messed up the math 2275.00 after discount

@@magicman9321 corrected the typo

I drove Trucks for nearly 30 years so I was in CA many times through the years and I can Not see why anyone would want to live in that Communist State.

Have you lived in CA?

@@jamesscherping2461 I do. 52 years, It's a nightmare.

California where they tax your air, water and land.

Yep, I've lived in California my whole 55 years. Very messed up! If Costco limits you to 5 bars, which would be about $1500, then there's no way to hit the $2000 tax exemption amount, so you're gonna pay Gavin his taxes no matter what you do!

crossing 19 is not for the faint of heart

That’s awesome!

@@BostonEMT Oh man...100%!! Thankfully they are slowly but surely making overpasses, at least in Pinellas Co.

Sitting at Bellair and 19 watching this now. Might go grab a $1.50 dog from there haha

Was real nice in the 70’s, still is, but very congested and built up.

Glad he was able to help!

Noticed that myself.

That was the fake one like he said.

@@thisnamewastakentoo_ great, so show us what the machine does when it's fake!

@@2aprogressive626 he did. It stops you placing it over the detector, as shown.

Welcome to the channel! Hope you find some!

think its because they use the definition of precious metals from the dictionary that only include silver gold and platinum.

Thanks for watching, neighbor 😊

They are beautiful!

I have the 10 oz. Britannia with the sailing ship on it. It's beautiful. Until you turn it over and see the queen's ugly mug on the other side.

I prefer the coins in gold too BUT I’m totally down to get bars if they’re close to spot. I have no issue with that.

Not just you, Jim. I LOVE gold and silver coins but bars are pretty much "meh" to me. I have 40 x 5-oz. SilverTowne Prospector bars that I bought several years ago and consider them as trading material the next time we get a nice silver squeeze. Will probably buy some gold with the proceeds.

Wow...........

Me too!

What Costco did you find your bars at? Im in Glendale but didn’t see them

They’re holding dust as we speak.

Thanks for watching, Donald!

Thanks for watching!

Shitt man, feels like a dub to me. No reason to feel bad about that

I'm sure you needed the truck, that's still good financial management. Some people couldn't save a dime if you paid them a dollar 💵

Wow

I bought used textbooks in college in the late 70’s. Students sold them to the bookstore for 50 cents on the dollar. I bought 50 of them for each of my classes. I used my college savings. This created a shortage of books at the bookstore. I then sold them for a few bucks less that the new book. I a 125% profit in just a few weeks. In 1982 I was debt free. Owned a two year old 4x4 and a 750 Honda. I also had 35 grand in the bank. Opened a Satellite business and bought a 2800 sft house at age 25 with cash. Never borrow money again. It’s much easier to save and invest when you’re debt free. Live simply in your 20’s and 30’s. The payoff is amazing

Forget orange juice futures, this man cornered the used text book market.

I bought my and I paid taxes because of 5 limit

rounds are tax free too if its pure silver

That is exactly why I traded off all of my generic silver rounds for gold coins a couple years ago.

@wasillastacker I will be soon doing that with my platinum. I will wait until silver hits 40 bucks maybe 45 0z,s then dump and buy gold like I did back when silver hit 48 bucks an 0z.

@@stevelauda5435 $40-45 USD or CAD?

@stevelauda5435 can you explain what you exactly did ? Why didn't you buy gold in first place ?

Welcome to the channel 😊

But at least you have all those great social programs.

Here in Toronto Canada the price for a Maple Leaf today is $41.70 CAD which is $28.32 EURO.

Buy in NH! No sales tax!

I've just commented: _"greeting from Europe, where everything is TAXed (VAT) 20-25% (depends on country)"_ and I'd rather say: more money for p$yhopates / technocrats for their next scams 🤮🤮🤮🤮🤮

@@fish4bugs -- then the trip up needs to be cost effective bro! Might make sense IF the State were next door. The main problem is that the "Live Free or Die!" State has enslaved itself to the woke collectivist agenda, Ben And Jerry's and far, far worse. It was once a beautiful State with excellent cities. Now it is just the dumpster fire, garbage collection site for the bigger dumpster fire known as NYC. Can my mind if you think you can, yet I like my mind just fine. Also why nobody should listen to experts, unless they are making a submarine to venture to the Titanic or take on similar challenges. All the medical experts are either quiet or silenced by the collectivists at the Medical Industrial Complex. Crazy times! AMMIRGHT???

Do you use the roads? City, State or National Parks? How about the military? They are all funded with tax dollars.

@@hopefloats7573not really, the gov just prints more money when it needs it

Thanks for watching 😊

Glad you enjoyed it! It cost me a lot of money to make this report 🤑

Nice! You can end up buying them for under spot

😆

Such a good movie lol😊

Yep, right next to the toilet paper, right where they belong

And without the communist indoctrination!

More like dollar general or dollarrama in the DEI section.

I can understand that. My Dad passed back in '87 and not a day goes by but what I miss him and Mom( passed in '15). Great people. Same for my wife's parents, although they were older so passed before my folks. I miss them all.

Glad she’s on board now 😆 but hotwheels are pretty cool too…

Some collectibles appreciate far faster than bullion.

So when you buy it is $1.5 above spot, when you sell it is $1.5 below spot; a minimum of $3 round trip fees. Has made a small amount of money for the past 8 years holding your silver bars.

It’s a sign! 🪧

Completely sold out and so was New Britain store. Guy said they only got 20 bars in, and the clerk actually bought one himself.

Well that stinks!

Thanks for watching!

Eagles have been in Costco as of a few months ago. Reported several places. I believe they were a good deal at the time.

@@Spegtacular The other channel said that costco purchased or basically cleaned up The US Mint for the next 2 months. So basically dealers or big retailers like apmex will have a hard time getting ASE's. But yeah not sure if his source is reliable. I effing live in CA so you are right I have to spend 2k to avoid taxes but if the limit is 5, then I will be charged tax. CA is a POS honestly.

Just notified that Costco does have 2024 ASE's in 20 coin tubes.

I bought 2 tubes of eagles from Costco around the first of the year. Decent price. I also did hear that they wanted such a huge amount that they cleaned out the mint

Hopefully op knows the difference between Costco and the China Overseas Shipping COmpany

Welcome to the channel 😊

Nice find!

My local Costco in las vegas Never has the Gold or silver bars Other Costco in Town does get them But they sell Fast

That’s a good point and something I can talk about in a future video lol

Except American gold eagles, they're subject to gst. So I assume Sterling silver is subject to gst. Anything not pure

​@gotsilver77 i bought eagles tax free in toronto

but it seems premiums are higher even with the currency conversion

the lcs is one thing but all the big guys like apmez etc deserve their future battles with costco

That's a good point...I'm in California near 3 Costco's 210/57 fwy I'm going to try to find out the answer today...opens @ 10AM.

Exactly! It’s unfortunate

Living in California and trying to be “independent” is like going to McDonald’s after working out.

California is $1500 an over for no tax. 🤙🏼🤌🏻

@@jakecassillo8219 On Jan 2023 regulation 15992 changed the amount to $2,000to be exempt from tax in California

😈

@@Spegtacular I used to work at Kmart 2000-2006 we had one store manager who would only leave his office only to go get something to eat from the K Cafe. then when his boss the district manager was supposed to show up to do a walk around and point out everything wrong. he would just go home early the DM had to show up unannounced one day and force him to do his job.

Oh the days of K-Mart.. I used to enjoy going into the fishing department as a kid… I don’t know why.

@@Spegtacular Yup second biggest department store next to Sears before 1990 I was watching the Toys That Built America Hot Wheels. they bought 50 million cars when they just came out just so their competitors couldn't!

Actually, some precious metals in Texas MUST be taxed.

I checked online in my area- nothing 😢

sheep

@@tutnetam sheep

People take em out 😧😯

@@JFEnterprize you always get max value when selling when they remain stealed

why would you swap real money for monopoly money?!?!

@@lepton31415 cause not everyone take G&S as payment 🥳

@@lepton31415 Maybe because the bills HAVE to be paid whether or not things are going well?

You can buy them online too…if you’re lucky.

Costco doesn’t buy anything back..

They are not DEALERS, but merely retailers…silver is money on the streets , who needs Costco???…

They don’t do it anymore. I only remember doing it in elementary 🤔

Everyone stacks at different levels. I used to watch people throw thousands of dollars worth of silver on the table every single episode and I was like “woah” I realized that’s what they can do. I only need to appreciate their video and how they’re stacking but I need to focus on what I can do.

@@Spegtacular Good plan. When I was stacking silver hot and heavy, I usually bought 200-300 ozs. at a shot and made 4-5 buys each year. It doesn't take too many years of that to add up to a fat stack. Of course, silver was a lot cheaper back then.

Minnesota doesn’t tax bullion bars or rounds but does tax Eagles cause they’re considered legal tender. Totally silly. I’ll have to go to Wisconsin for a new gold eagle.

@@0004612have you found these bars at Costco in Minnesota?

In Canada, we buy a Canadian bar packed in a Chinese box from the American retailer Costco. Go 2024!

Thanks for watching!

Thanks for watching 😊

LCS will buy it back. Costco won’t. Not yet. They prob should buy and sell tho. A 2k sigma and they’re in business with it. Sure that won’t hurt their pocketbooks 🎉😂❤

Costco employs over 300,000 people so don’t be afraid to do business with ALL places while also holding local places near and dear to your heart. 300,000+ people are thankful that you’re shopping with Costco.

@@Spegtacular until they replace them with AI to cut costs lol

It’s coming!

We’ll take them right now, Spegtacular accepts all free silver 😉

You must not know about real money

Pre-1965. 1964 coins are silver as well.

🤮

Thanks for watching!