Sterling Silver Price Calculator – Costco
Here's a comprehensive table summarizing the key information about Costco's precious metal offerings, including sterling silver:
Metal | Product | Price | Purity | Weight | Purchase Limit | Availability |
---|---|---|---|---|---|---|
Gold | Bar | $2,800+ | 24-karat | 1 oz | 5 per transaction | Online only, often sold out |
Silver | Coins | $699.99 | .999 fine | 20 x 1 oz | 5 packs per transaction | Online only |
Platinum | Bar | $1,089.99 | 999.5 pure | 1 oz | 5 per transaction | Online only, limited availability |
Sterling Silver | Not offered | N/A | N/A | N/A | N/A | Not available |
Key points to know:
- Costco does not currently offer sterling silver products for investment purposes14.
- Prices fluctuate based on market conditions, with gold and silver prices appreciating over 30% in 20244.
- Costco's markup is generally around 2% above spot price, which is considered reasonable in the industry4.
- Purchases require an active Costco membership and are limited to one transaction per membership4.
- Precious metal sales are not available in Louisiana, Nevada, and Puerto Rico4.
- Costco does not offer a buyback program for these products5.
- There is a strict no-return policy on bullion purchases5.
- Costco's pricing system differs from most dealers, as they don't update prices in real-time based on market fluctuations5.
- Timing purchases during market volatility might potentially lead to better deals, but requires careful monitoring5.
- Experts recommend thorough research and price comparisons before making a purchase, as Costco staff may not be as knowledgeable about bullion products as specialized dealers.