I bought a Gold Bar at Costco Online and THIS happened! 🫣

[@blankurtis]

Gotta love this guy. No one else is giving you all this free information on the internet. At least not as knowledgeable as this dude.

[@CC-kl4nh]

Walmart is $50 MORE expensive. You are absolutely right about Walmart. How do you sell your gold?

[@Evom777]

XRF can be fooled by a thick plating. You have to cut into the jewelry if you want to be 100% certain on an XRF. The Sigmas are good and sometimes too good, as they'll occasionally show a legit item as fake.......this is due to some silver items being cast from powdered silver. Even a trace amount of another metal that got into the batch of pure silver/gold will cause them to read as fake. You'll find that when you adjust the settings for a lower purity, it'll often read right. The bottom line is that testing should not be limited to just one method. We have audio tests that can be done, (they can't counterfeit the tone of legit metals) as well as specific gravity, weight and dimensions.

[@Spegtacular]

Perfect

[@rovvt1284]

yeah 20 minutes you could have done it in 3. I had to fast forward I'm sure i missed stuff. C'Mon Man as he would say.

[@Spegtacular]

Yes, you missed a lot of good information which is generally why so many people leave the comments they do. This hobby can be very technical and in a world like today where people need 10-second-videos, you’ll miss good info. Totally understand though! I’ve been short on attention span in the past.

[@silver-en7kl]

I’ve been checking the Costco gold price weekly and I can assure you the 1 ounce gold bar is always $20 cheaper than my gold and silver bullion dealer. That’s $20 before your cash back so it’s more like $40 cheaper. I’m not sure about below spot but it’s the best deal. Mind u it’s a bar and not a coin which may affect the value a little in the negative direction.

[@Spegtacular]

Spoiler alert! I bought a bar from them for $5 over spot.. doesn’t include the nearly $100 cash back!!!!!

[@showlow626]

"Mind u it’s a bar and not a coin "................ I see this sort of comment all of the time and it bothers me to no end! Gold is gold and silver is silver....... period! I have only sold gold three times in as many years and the only time I was ever offered less for a bar rather than a coin was at a COIN SHOP! All these hacks on KZbin will have you believe that gold COINS are the only way to go and guess what, 95% of those spewing this garbage are trying to make a living selling coins! Go figure!😉 I'm only 75 now so probably don't know squat about anything but I do believe that if you have a chunk of gold or silver to sell and someone wants it bad enough, you can come to an agreement one way or another regardless of the shape of the metal! I started out buying Maples, Britannia's, Eagles and Buffalo's but so far this year, all I have bought are bars so go figure, there is something out there for everyone! I think I need to look into this Costco business! Good video!

[@carlescbc6063]

these clickbait titles haha tough times huh lol

[@Spegtacular]

Nope! Times are good actually. How about yourself? If you believe it’s clickbait then it’s likely you’re missing the point of the video, the message, and missing what’s happening within the thumbnail.

[@blankurtis]

How are you talking shit about the most humble channel? This man is a national treasure. Show some respect.

[@matrox]

Yep...give it a thumbs down.

[@matrox]

"And this happened" is the fake as hook.

[@2manyhobbies971]

I bought a fake trade dollar as a teenager. It broke my heart when I realized it was fake.

[@stephfran9761]

Life, "The world is a magical place where some people are waiting to be offended by something", and I for one believe that you know how to operate the PM, Verifier!! LOL

[@phil6926]

Bought a 1 oz Gold Maple from Costco on a Monday in early March. I’m not a member so I had my son buy it online for me so I didn’t benefit from credit card cash back or member rebate, he did. Bottom line is that gold settled that day @ $2,870 CDN and I paid $2,840 CDN plus my son made off like a bandit with all the cash back 😂

[@mrsspegtacular6484]

He knew what he was doing helping you get that Maple 😆

[@MysTicBiGz]

@@mrsspegtacular6484 how much the son made?

[@saltymemesmith]

Costco selling fake bars would be like Bud Light destroying it's reputation with an inappropriate mascot.

[@billdivine9501]

😂

[@Spegtacular]

Hahahaha

[@jackyy548]

Do you like the sigma tester? Do you recommend a model?

[@MarkRovelli]

nice job combining a bunch of discounts to make that purchase!!!

[@Spegtacular]

You know it! Thank you!

[@nabzy28]

Heck yeah! The silver eagles they had about a week or week and a half ago worked out to about $31.35 each, I think, after the 'rewards'. Hell of a deal a little over a week later with the nice move up.

[@conrad4667]

How much time and how many visits online did it take to catch them in stock?

[@Spegtacular]

It saves my search so it’s super quick and maybe a handful. There’s stuff on there right now.

[@Rodogg7787]

Yes, Walmart is selling everyones stuff.... They don't back it up or if you have a problem, most of the time you've got to take it up with the actual seller!

[@jsimmons9969]

@Rodogg7787 I doubt sometime from a seller who said the item was in usa but it came from india. I never got the item or any tracking updates. After like 2 months I asked walmart and they gave me a full refund. So apparently scammers can get on their site. But at least they made it right.

[@BradYaateeh.]

Your correct about Walmart. I get a 10% discount for life at Walmart.When I tried to take my discount buying silver bars online it would not give it to me. In a round about way I figured out what you said,it was an outside vendor. If it had been walmart selling it silver in any form would qualify for the discount.

[@maxm3522]

What was that little square gold bar at 14:55? Was that a fake?

[@CC-kl4nh]

Would love to see you test the authenticity of the gold koi pond.

[@LatimusChadimus]

It's not as if that machine didn't come with a book for you to read to learn about the machine itself so that you know how to use it hahaha

[@Spegtacular]

There’s a book, there’s online manuals, there’s industry professionals whom have so much experience… etc etc. The info is there for people but as you see from some of these comments, “video was too long, I had to fast forward” nobody wants to take the time and effort.

[@LatimusChadimus]

@@Spegtacular the TLDR generation will be sooooo far behind in life..

[@silversleuth007]

your thoughts and opinions on the precious metal verifier are appreciated. i haven't looked at my stack in about seven years. even though i got my metals from trusted sources back in the day, it would be fun to test stuff on that gizmo. i think one of those would come in handy during any barter situation that some stackers think might be coming our way. thank you for sharing.

[@mattjansen5532]

Thanks for the video! You were saying such a sigma machine costs $15k but I see identical ones on eBay for $1000. Am I missing something here?

[@jaybarr3307]

Elsewhere on the PMV website, in the specifications, it tells you how far under the surface each machine penetrates. It's not very far.

[@baseball373]

LOL...Tens of Thousands...? We have a Sigma Metalitics Verifier Pro we were purchasing Monster boxes since 2000 and used to buy them for $2800 a box. we have 5 gallon buckets full of constitutional silver Tens of Thousands seems a little hard to believe for a private stacker...sorry We are right here north of Tampa close to you

[@Spegtacular]

You obviously don’t know me, nice to meet you. I’m more than a private stacker…sorry.

[@mmarmrcz6770]

​@@Spegtacular On-line trolls, what do you expect? I know someone who has 6 x 1kilo gold bars. He bought them at about $40,000 a piece. Current melt value $78,237.×× per kilo.... my own stack in Ag and Au is pretty significant as well. Over 14 years of stacking (as a hobby).

[@Spegtacular]

@mmarmrcz6770 keep it up brother!!!

[@BlainsTube]

The Sigma Verifier would be a nice layer of insurance for any serious stacker. Smaller 90% constitutionals can be a little iffy, but all-in-all it's a nice tool to have on hand.

[@silversharkc4666]

If you're a serious stacker, the Sigma is a must. Bought a used one on ebay for 700 and it's a blessing.

[@wisemanm6390]

What credit card do you use that gives you 3% cash back??

[@photoguy8985]

Clickbait thumbnail - you lost my respect. :(

[@Spegtacular]

I suppose you don’t understand why the thumbnail looks the way it does… look close and maybe you’ll change your mind 😉

[@jeremiahorman-v3k]

there's no problem right now because they are getting everyone use to buying gold from them, but it will turn out either not pure or just completely fake

[@azwelke2638]

I heard those chocolate gold bars from Costco are really good👍

[@kenlandon7803]

Gold is expensive now? Its only going up long term.

[@brentevans7872]

Precious metals on Walmart are mostly coming from APMEX in OK. Not as good a price usually as the Costco

[@mikhailkalashnikov4599]

Anyone who's serious about stacking needs one of these machines.

[@cultureofcurrency]

I really want one of these machines....I would waste a lot of time just having fun with it...but hey, who said toys are just for kids!

[@Chucka10]

The bar/ingot wand will work on thicker coins too if you want to try it. Most of the negative comments are from people who don’t know, haven’t read the instructions, or wouldn’t spend the $ for a Sigma PMV. I have had one since 2016.

[@Spegtacular]

The bigger the wand the deeper the effect. Which is why Chuck, you probably noticed the thumbnail and exactly why I put that thumbnail whereas others would think it was clickbait 🙃

[@Chucka10]

@@Spegtacular The haters are perma-haters, just as inaccurate as perma-bears or permanent-bulls😜 Keep up the good work.

[@wfermier]

I'd be interested to hear what Coin Guy has to say about this! Would he buy that maple leaf from you? If so, what would the taxes be?

[@harly4bill]

What visa or mastercard credit card gives 3% cashback

[@rachel112263]

OMG. I just saw a video where this exact gold bar was fake. It was a lot wider than the real one, but it looked identical. You'd better check to make sure. Good luck.

[@bbustin1747]

Would be buying silver from Costco. But with the 5 bar limit on the RCM silver 10 oz bars and Commicalifornias under 2k bullion sales tax. Had to let that opportunity pass me by. 😢

[@Malice_Lonewolf]

weight, pingtest, a strong magnet, and your eyes will help you knock out a lot of fakes.

[@mrveritas700]

yup

[@Spegtacular]

All of those are singular tools. Just like the sigma it’s just one tool. No way should anyone only be using ONE tool for counterfeit detection. Thanks for the comment!

[@winstonsmiths2449]

9:50, it takes the readings from the SURFACE! It is a non-intrusive test as opposed to core readings. That is how it reads to me.

[@Spegtacular]

Follow along how it continues mentioning the subsurface. If it was only the extreme outer area of the surface, plating would fool it every time.

[@isaaco8056]

Not available in California

[@scotth388]

The 3% cash back credit card is a Cistco cobranded card?

[@leiwei9251]

Once upon the time, Gold market in Hong Kong experienced sub par gold, no conventional methods can detect! 14k plus various metals beat all detectors. It was only discovered to be 50%gold after someone melts it! If you want to buy massive Costco Gold, please melt one, before buying a big amount. Sometimes even Costco is a victim!

[@LauraCala-nf3sz]

My question is which credit card gives you 3% cash back

[@marcusbutler1903]

Great video, I have the PMV and you definitely provide information I did not know!!

[@TheQuickSilver101]

I'm glad you got that bar under spot. The thumbnail was funny because I knew the bar was fine if you bought it from Costco. Thanks, Speg!

[@Spegtacular]

The people who comment that Costco is selling fakes are just… poorly educated on stacking and probably don’t wish to learn.

[@chiil034]

The XRF is useful for getting the composition, and the metals really need to be melt assayed, then tested and/or drilled. Not so good if it's a gold encapsulated tungsten piece.

[@Spegtacular]

Yes! XRF shines by telling you what something is made of. Quite a cool machine!

[@waynez5535]

Just went to my local Costco today and wiped out their last two 10 oz silver bars

[@hardworkingamerican8847]

It matters where the decimal point is in relation to the nines . The farther to the left the decimal is the higher the gold content . 999.9 can be 999.900 and so on . Point 9999 is the purest not what that bar is .

[@Spegtacular]

The bar is 99.9999 pure gold.

[@jimthompson9992]

Congrats, SpegTacular! Nice score! I'm not a big fan of gold bars....much prefer coins but that's just me. Having just had my card compromised, I'm a bit skittish about online card purchases right now. Take care, be safe and God bless!

[@Spegtacular]

Sorry that happened to you Jim! So many card scams out there! From skimmers to people photographing your card, etc. Nasty and lazy humans who can’t get ahead on their own.

[@buccos2004]

I have the same verifier and I've never had a problem with it. It gives me some peace of mind!

[@MrUpier]

title should be how to test your costco metals

[@Spegtacular]

I just changed it. Check.

[@jacksonroe8520]

I have the sigma pro mini. It does test through the sample. I think they've replaced it with the collector or something. Anyway it works awesome. Several people have stopped messaging with me on marketplace when I let them know I have a sigma lol. It's too bad people try to steal.

[@Spegtacular]

It shuts down the scammers huh? Amazing.

[@gosnellktn]

Costco won’t ship to all zip codes. Congrats to those who can take advantage.

[@duanedas5346]

Don't listen to these hatters.....we are all very grateful for all you do for ous thanks for everything...keep making great videos...

[@JobberJim]

Yeah don’t listen to these mad hatters

[@Spegtacular]

I’m trying my best to help those who will accept the help!

[@duanedas5346]

@@Spegtacular your awesome don't let anyone tell you different....You have helped me s9 much I'm so grateful..thank you..

[@Steelythestacker]

While I have no doubt that you're bar is real, that particular bar is one of the most counterfeited ones on the market right now. The packaging is exact. The main difference to look for is the counterfeit is much too thick.

[@thefireman2854]

Have you heard if the weight come out correct?

[@Steelythestacker]

@@thefireman2854 it was like 4 grams light. But you have to take it out of the packaging to find that out.

[@PaulMihelic]

Why do you pick up and lay down gold bar about 20 times in one minute. Are you nervous? That makes me nervous.

[@Spegtacular]

I’m super nervous. This was my first video. How’d I do?

[@andreabontempo643]

I just tried buying a twenty pack of silver eagles from costco online and they were going to charge me tax. I looked up the tax laws here in utah and it says only less than 50% pure is taxed. Why do you think Costco would charge tax? I didn't get it because of that.

[@amandak.4246]

i've seen some reviews on costco saying they were charged tax and had to go through customer service to get it refunded, which seems like a huge hassle

[@andreabontempo643]

@@amandak.4246 oh yeah , I’m not doing that . Thanks for the info !

[@AndyTN64]

You can tell by it thickness.

[@adambruley5242]

I need a Spegtacular sticker on my Sigma!! You Rock, Costco Now Rocks too

[@Spegtacular]

Had to do it. Chinese streamers were stealing my images and videos.

[@BellaCuteNails88]

I got cashed back too, really happy about it

[@silverbeancounter]

Way to work the discounts Spergie! 💪👍👌

[@Odessycoins]

Using their credit card ?

[@dontaylor1124]

yes, don't carry a balance and cash back at year end.

[@DOGE_FORCE_47]

My Costco is Sonoma County CA didn't have either. I looked yesterday 🤷‍♂️

[@jeffhays1968]

You can fool that machine with a clad 25 cent coin, it my (will) test as 90% silver. Check that out.

[@Spegtacular]

But you know that coin isn’t silver and never was silver so why are you testing it as silver? You’re basically trying to fool yourself by doing that stuff. What’s more compelling is if you test a 1964 half dollar that’s fake and it comes up as 90%. That’s when we have a problem.

[@jeffhays1968]

@@Spegtacular just pointing out machines are not foolproof, as all of us that use them regularly can attest to.

[@Spegtacular]

No one tool will do all the jobs. Preach to death on this channel how any one device I show is simply one tool.

[@jasonkeffer1758]

Put sone pennies above a real bullion sample on your tester See if it reads through

[@Crispy640]

Everyone wants 'your' stuff to be fake. I hear it SO much too. Ill get a new bit of gold or silver and always 1 person saying its probably fake lol. Just haters, thats all, they want it to be fake so they feel good or like they arent missing out cuz they blow thier money on beer and dumb stuff, so they want u to having nothing for ur money too. You can also do weight, dimensions/density, and specific gravity. Thats a good one. Sigma pmv is fine. Ive seen it show good things just outside the brackets that are fine, and just outside is fine usually, far more than something fake being within, never. Arrows only. Haters gone hate lol. I tried to GIVE a friend a 1 oz silver bar and he said what do i do w that, I cant eat that, I need money😂😂😂. Well your dollar didnt double in 10 yrs like that bar did, whos laughing now.

[@Spegtacular]

Right on. I almost regret making any videos on how to find fakes because now people just think EVERYTHING is fake rather than one thing here or there.

[@Mosez-z9i]

Nah it cant test through a slab It may be posable in some cases But i know for a fact that in most cases it can definitely not get a reading through a slab

[@Spegtacular]

The sigma most definitely can. Done it too many times 😅

[@Mosez-z9i]

@@Spegtacular you can not claim that it works on all slabbed coins because that is 100% incorrect As i said in some situations it may work but not always

[@Spegtacular]

You said “most cases” I’m not even sure you know what you wrote at this point. The ONLY slabbed coins I’ve ever had issues with reading through slabs are 1/10 gold. Done it way too many times to say that, as you said, “it may be possible in some cases”

[@jeffhays1968]

How does Costco deal with the $600 IRS reporting requirement ?

[@don951]

???

[@jeffhays1968]

@@don951 cash transactions over $600 now need to be reported to the IRS. That rule was in place for coins and bullion long ago.

[@Logan0o]

i have that same machine and its the most common sense thing to use

[@lfcl468]

I recently sold 2.5g 24ct £185 pound people are going crazy for gold & silver 🎰💲

[@Spegtacular]

Nuts!

[@error-jy1el]

Citibank pays 2% not 3%.

[@mrsspegtacular6484]

It’s not a Citibank card…

[@bitbud9871]

Gold is going to drop in price by 10% by end of May so may'be not the best of deals.

[@dontaylor1124]

I wish you guys would keep your BIG MOUTHS shut about the credit card trick, keep bragging about it until they close the hole.

[@Spegtacular]

Sorry Don. This is the LAST Costco video I’ll make…………………………………………………………

[@loanthruag6778]

You pass. Heck with the naysayers.

[@Spegtacular]

To heck with them I say!

[@WTXMD-jq1qs]

So I’m new to this channel and I may need to go back a while and see more of this content, seems really interesting to me. All the hate comments I see this on most all streams. UFB some of the comments!

[@leannenovak1261]

How about Coin Guy?

[@johnmorgan9731]

Got a 2.5gram gold Pamp. And quite a bit of silver at great prices before the surge.

[@brentevans7872]

Lol...haters they think as if any way in the world Costco would be selling fake precious metals. In my life I always try to wager these people, in front of others as witness like $500 or $1000 or whatever amount they choose, and as always not a single one will take me up on my wager. 😂

[@SilentSilver24]

very nice, good deal

[@_CYB0RG_]

Nice deal !!

[@LarryHall-or1jn]

To much talking! You could ramble for hours for what could be covered brifely!.

[@Spegtacular]

It can’t and I know that since I get the same comments all the time. lol

[@matterdmann7395]

Dude your Content is by far better than majority of the tubers out there

[@onetruepatriot6718]

I would never purchase precious metals from Costco.

[@mrsspegtacular6484]

Why?

[@onetruepatriot6718]

@mrsspegtacular6484 I would not consider them a reliable source for actual real product. There is a lot of fake bullion out there. Better off buying from places like APMEX or JM.Bullion.

[@Spegtacular]

I’m sorry, but not buying from them because you think they’re not reliable is absurd.

[@onetruepatriot6718]

@@Spegtacular Believe what you want. It sounds like you are a newbie, best of luck to you.

[@Spegtacular]

Yes I’m new. Could you help me? As someone trying to help you, I think it’s a shame that you are stubborn in your beliefs that you’d name call and walk away rather than learn from others with the experience. Like I’ve said, you can lead a horse to water… good luck Mr. Expert!

[@goodllookin1722]

They are a scam

[@wildwisdom56]

Buy from lcs not huge companies in my humble opinion.

[@Spegtacular]

Why?

[@wildwisdom56]

Because small businesses need it much more.

[@Spegtacular]

What about the 30000+ employees from Costco? Do they need your business? You don’t have to spend ALL of your money at a local business making them a millionaire.

[@wildwisdom56]

I am pro small business. Tough if you don't like it. Giving your dollars to huge discounters is supporting every entity trying to ruin our small businesses including our local coin shop friends.

[@scottgrayson9668]

I would do the same +5% I support small business myself thanks for info

[@michaelramsey3986]

Not nice to click bait us with that verified bad bar. And if you think you got a great deal, ask anyone who bought last month.

[@kenpeters9807]

Get a SIGMA verifier. It’s the best by far. His criticisms are BS

[@amyharrell251]

Too much explination.

[@jeffbrown9798]

Good video thanks. I have bought from Costco online also have checked 2in my area Winchester and Fredericksburg Va and they don’t sell at those stores

[@mikebrewer5758]

Well done Speg!

[@kaynef6637]

Always great information 👍

[@gleasonnews510]

Perfect way for me to start my day , great video Spegtacular.

[@jasonwoods3384]

Walmart goes thru ampex

[@modus_operandi2508]

Apmex you mean

[@jasonwoods3384]

@@modus_operandi2508 yes sorry

[@billdivine9501]

Is Apmex the best to buy gold and silver? I’m new to this and want to start buying. At these prices I’m probably way late but as a hobby it’s pretty cool.

[@jasonwoods3384]

@@billdivine9501 I would suggest that you go to your local coin shop first and try to build a relationship with them for when you like to sell or trade. I buy from all of the big name bullion shops but prefer SD Bullion, they more trustworthy to me. but it is a experience collecting silver and gold. start buying what you can afford and good luck. I have been collecting since 2016

[@bhazleton]

@@billdivine9501 Apmex can be pricey. Compare with SD Bullion and JM Bullion before you buy. Check taxes and delivery charges.

[@maxm3522]

Now get rid of that ugly packaging

[@larryjang5580]

Buying 1/10 oz I don’t recommend. The premium is too high for so little gold.

[@PoorMansInvesting]

If you sell it properly you get the premium during the sell too

[@bentonx9063]

walmart only uses apmex, you would be better off buying straight from apmex in most cases.

[@damnu8089]

your pay more from apmex

[@Spegtacular]

Walmart allows many sellers to sell including small-time people.

[@davidrawlings7325]

If everyone uses Costco and puts local coin shops out of business where are we selling our gold when we need to?

[@mrsspegtacular6484]

Generally each Costco sells one item of precious metals… how would that put anyone out of business?

[@davidrawlings7325]

@@mrsspegtacular6484 it all starts somewhere. Walmart sells numismatics online. Nobody thought Amazon would kill bookstores…

[@gregorygibson5455]

Hello SpegTacular

[@MrJeorgelee]

Darn clickbait!!

[@Spegtacular]

I guess you didn’t understand the video. It’s ok because a few of you didn’t. You’re not alone!