I returned for Gold Bars at Costco and THIS happened!

[@Spegtacular]

Anyone who accused me of clickbait and wonders why I didn’t return the gold seriously needs to apologize to me AND get their eyes checked 😂❤

[@RyanMorrell92]

i still liked the video =D but now i want to know about costcos return policy on bars

[@jeffreyplumber1975]

I didn t expect anything like you trying to return a bar? Im just wondering about buying the pamp and particularly at costco . Youll be pleased to hear my wife ordered one online Costco it was 2699 oct 12 2024 no box or sleeve but if you still have yours its gotten a bit more value now

[@omermadha8574]

which visa credit card are you using for 3% cash back? is it unlimited cash back?

[@brutalhonesty07]

@@Spegtacular how do you liquidate them back into usd when you need usd though?

[@olgab.3961]

@@omermadha8574 He's probably using the costco-issued credit card. 3% back on anything in their store + more at other places, idk. Once a year, they send a check for the % refund.

[@danielbasso586]

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

[@SleepyMagii]

Yoo, same 😆 They are a good buisness imo

[@rebeltheharem7028]

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

[@emmetttcoyle2477]

😂😂😂😊

[@sayvorE88]

@@danielbasso586 losing money lol

[@BygoneGent]

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]

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

[@mukesharora2053]

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.

[@ravitejaravi3942]

You wouldn't be here if your grand father did that ?

[@TheQuickSilver101]

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

[@manuelericmijangos499]

And no sales tax! That's huge!

[@SleepyMagii]

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]

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

[@cocoabiscuits]

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

[@danielarthurs1698]

@@jennifertran218 he was taking about tax law in Florida. Do your son in law live in Florida or at least purchase it at a Costco in Florida. Oregon has no sales tax either maybe try there

[@detroitjohn4724]

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

[@mmarmrcz6770]

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]

We always have in stock 😉

[@rebellucy6200]

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]

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

[@ItsEverythingElse]

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

[@paulbrungardt9823]

@@sorenk.9595 BING !

[@bobblenuts]

@@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]

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.

[@pkk1403]

Hey. I like the machine that you have to test the gold bar. Can you let me know the machine make and model?. Thanks.

[@SFwatcher]

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

[@iamsmartmethinks]

Incorrect. $1 is worth 0.000376 oz of gold

[@3Comas]

Value is relative

[@rycn7355]

$2680.80 spot price today.

[@dennissvitak5475]

Tell me you're a clown, without telling me you're a clown.

[@3Comas]

@@dennissvitak5475 💀🤣

[@Harold-si7eh]

Always have the sales clerk open the box and you check with them that the bar is in the box or container BEFORE walking out the door!!! Don't be sorry,your word ONCE You pass the exit door MEANS NOTHING!!!❤😊

[@joep7197]

@@Harold-si7eh My credit card company will side with me 😊

[@victoria19853]

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

[@silverandgolddrew]

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

[@rudypoo4370]

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

[@GoldBug83]

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

[@AceBullion]

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]

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

[@AceBullion]

@@tabbycat8511 🤔🤔🤔🤔 No clue

[@silversleuth007]

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]

just bought 10 silvers in costco in clarkston wa

[@IADHDD]

Call Costco customer service (not the store) and they will tell you that effective membership doesn't earn any cash back on gold bullion

[@mukesharora2053]

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

[@abitofeverything1234]

Spectacular Channel, Thanks.

[@steveshaw5300]

Great videos. Costco can’t do price adjustment for gold bar, right? Could you tell me which place is a good place if you want to sell these bars? Thank you!

[@dominicconway2761]

Glad I stocked up on 1oz gold bars last year. I'm up significantly, not so much with my silver.

[@officiallolnick]

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

[@tracymcgee8141]

My Costco just hands you the bars, no boxes.

[@booner1252]

My Costco gives raw nuggets

[@algallego]

@@booner1252 Stop talkin' chicken while the adults talk gold bars, child! Go eat your chicken bake at the food court with a soda pop!

[@efr2681]

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]

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

[@cropduster8798]

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]

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]

@@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]

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?

[@embun1945]

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

[@ellenm2873]

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

[@rainmaker3948]

I just bought it today in los angeles

[@cpK054L]

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

[@alpinewhite]

Mine wasn't taxed

[@mrparkerdan]

gold should not be taxed 😡

[@beckhamzhang4805]

Awesome video. Where did you buy the metal screen box? How much was it? Thank you.

[@SupernovaStacking]

Is that a scratch on the bar over the serial number or is that only on the plastic?

[@DMX-PAT]

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]

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

[@cryptojohnny7781]

🤣🤣🤣🤣🤣🤣

[@Robert-ho1ie]

JM Bullion calls them gold bars also

[@mukesharora2053]

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]

@@mukesharora2053 of course this is troy ounce.

[@novarsk77]

Could you please tell me where did you buy the precious metal verifier from and how much it costs ?

[@el2323]

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

[@Spegtacular]

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 🙈

[@josephlondono341]

Does anyone knows how does the taxes work on buying silver, I went to buy a couple last week , and they charged me w taxes, and I went today, and they didn’t. I asked the manager, and they didn’t have an answer…

[@WBCWBC-hy2kk]

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

[@williamfrye552]

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

[@lazsloww]

Costco does not offer refunds for bullion.

[@NiemLe-r1p]

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

[@jackieburns8878]

He returned to buy more.

[@unpublishedyt]

You should read the title again

[@robhart4601]

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]

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

[@mackm7781]

No

[@mackm7781]

Why would they? It's a commodity not food, gold and silver goes up and down every day

[@laetitiazichy-vanlidth5882]

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

[@mrbiglicks8267]

About 1200+

[@MrWinpost]

Is costco buying it back? What are you doing when need money?

[@JoeGiz64]

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?

[@3613jeremy]

@JoeGiz64 hopefully you didn't get screwed people are saying the fakes are popping up everywhere I guess it's a huge problem in China right now

[@Phantom_Adventurer]

Can someone educate me on why we should be buying gold bars? How will you use a gold bar in future if you need it??

[@RichardQuint-v6o]

Go to your local coin shop and ask them.

[@trammy6360]

Hi what if couples year later if I need money where do I go to sell that gold bar

[@Spegtacular]

Anywhere you look up that buys gold. This’ll surprise you once you begin looking.

[@LuisPerez-xe6nu]

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

[@1FriendlyFace1]

Is there a value to buy this?

[@davidliskey3553]

My friend works at Costco he said they sell at least 20 a week. They get them in on Tuesdays

[@canada7657]

Here in Canada they are $97 over spot, that is if they have them and right now they are out of stock... $5 over spot is unheard of up here

[@Cellcorner]

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

[@saidifatima4223]

I want to purchase one but there is almost 200$ taxes charge , I don’t know if Costco charges taxes for gold bar or no ?! Does anyone have answer

[@Spegtacular]

Will depend on your state and their laws

[@m22j-z3e]

just purchased in NY for $2750 and there is no tax. they had the Lady Fortuna and also Lucky Koi 2025 for the same price. People are listing the Lucky Koi for over 3K on ebay.

[@ds7766]

so do you then sell it somewhere else to make some profit?

[@songsofalifetime8508]

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

[@DeOppressoLiber]

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]

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.

[@Timcapone01]

Costco in Richmond Cali had both silver and gold, gold pump up $100+ from what you paid. It’s 2549 an oz

[@1man2many]

first sighting I've heard of in California; I'm in Bay Area also.

[@deplorablegal4078]

Dumb question but now what do you do with it?

[@venganzamujer354]

where can i get that gold checking device

[@324amgela]

Were you Bay the Gold texter were I can buy it

[@hoangdinh2461]

If you want to sell its, where do you go,

[@jeffs4760]

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.

[@mykittenisagrandmaster4381]

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

[@michelelindseth8250]

I am so pleased to know at least some people can spend money on gold and silver..

[@FacelessSilverStacker]

5 ? Yes quite an Expensive Purchase for sure 👍

[@hubster4477]

How do you get them, always sold out.

[@Quentyn73]

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

[@neilcharles2520]

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...

[@thehonesttruth8808]

Good call…gold is up over 20% in two months…poor people are poor for a reason

[@trevorgwelch7412]

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

[@NextLevelAutoDiagnosticsLLC]

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

[@vyacheslavb8784]

Would you buy it today? Or is it too high now?

[@acephysics123]

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

[@tactileslut]

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

[@LylaFrost]

@@acephysics123 gold can’t be returned at Costco

[@spillguy]

Picked up 5 at the Spokane location two weeks ago. On the look out for more

[@tanyakerd6849]

I want to buy one in NJ, but they are sale taxes in NJ. They just pass the no taxes for purchases over $1000 but it starting on January 2025.

[@firedriver8367]

I buy them in Red Rock Costco , and no tax on bullion also. Commifornia has a 10.25 tax so if i go back Soon I'll pick up 2 gold. They had 10oz silver bars for $299.97 witch was last year $4.00 O/S .

[@benhur520]

At what point in the video do you take the gold back?

[@Spegtacular]

Why would I take it back?

[@michaelsims2952]

Location?

[@carotech1973]

Good info, thanks for sharing 😊

[@KingB_ALord]

Nice happy to see ur gold purchase 🏆

[@MrMarcol29]

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

[@Petequinn741]

Local coin shop will only give you half value

[@plainviewresearchteam352]

if you gonna invest get the poured gold for storage, even costco is a great deal i like to buy the poured gold as store of value

[@johnjacobs1625]

Nice Pick Up!

[@dianneplus4736]

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

[@kenneymusic]

Be careful with Pamp Suisse- I had one that the lamination on the card came loose. I was fortunate to find a dealer buy it from me, but for a lower price.

[@rao3553]

Which credit card that give 3%

[@arlenbell4376]

I’m surprised that Costco would consider accepting gold returns without requiring an assay to ensure counterfeit gold hasn’t been substituted. It’s a known fact that a couple of countries (unnamed here) have been producing fake gold with a weighted alloy core that duplicates real gold weight and are coated with a thin layer of real gold. I doubt that Costco employees have sufficient training to detect counterfeits and I don’t know if any Costco warehouses have the equipment to detect it. There are a lot of buyers that have been scammed and still don’t know it.

[@GhostDiZ]

Cool video great purchase beautiful bracelet

[@xorbe2]

Are the Rand and Pamp bars still offered by Costco, or did they entirely shift to US Mint AGE coins?

[@Spegtacular]

Pamp is there

[@xorbe2]

@@Spegtacular I did some searching, I don't think Rand has been stocked for a long while. I was just curious. I see Pamp.

[@twill9278]

"Fortuna" is my all-time favorite bullion art

[@micheleemcdaniel389]

Britannia is mine.

[@justindozone2160]

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.

[@thehonesttruth8808]

Now, its $2700…good call

[@izz5946]

What is that gold testing machine… give us a link to that..!

[@SabrinasTVTube]

Great purchase! Gold is up $2637.97!!

[@smpyyz]

No taxes in California with minimum purchase... 2000 or 2500 not sure which one

[@oeckstei]

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

[@eagle49624]

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

[@shawnb50]

What’s the limit for the cashback…. Isn’t it only up to like 10k per year or something?

[@Robert-ho1ie]

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

[@cameroncardoza5626]

I'm the gold 🪙 seller for my Costco in CA! We sell on average 20oz per day when in stock!! And NO it's not returnable!! Today's price for us was 2689.99per oz! Sold 25oz in 5hrs😁

[@OzkAltBldgCo-bv8tt]

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.

[@deltapag5051]

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.

[@JGLuxe]

So after the cash back and with the cost of gold going up, you've made a profit of roughly $340 already in 3 months just on this one alone :o!

[@BOLTZtheCLOWN]

90 off wow buy me one next time lol

[@terryli340]

You must be happy with your purchase since gold is above $2600 per ounce.

[@acbc3543]

You know when a Costco employee is making money : he’s buying gold too

[@kaynef6637]

Gday @Speg hope you are having a awesome week

[@jacquelinegros4840]

Did you test it to see if it is 100% gold?

[@Spegtacular]

It’s not. It’s 9999

[@SVY717]

Which is that card giving 3% cashback at Costco?

[@john316godlovesyou5]

Thanks for the great video! God bless you!

[@reginaldcarson4609]

Is it 24k gold?

[@mukesharora2053]

Yes, it is 99.99% pure ( 24 carat )

[@EthanMelton-k1p]

What a spectacular deal..

[@commanderone7502]

Hey WBC, take a reading class! Re-read the title of the video! I know- I know, English isn’t your primary language. America, Florida- we speak English and we write in English as well. Don’t worry, you’ll catch up…eventually.

[@HsingSun]

Why did you return?

[@iandeschene6263]

So funny you are a Tampa local, just getting into this

[@smpyyz]

Bought mine online no problems