Sterling Silver Price Calculator – Costco

Sterling Silver Price Calculator – Costco

Here's a comprehensive table summarizing the key information about Costco's precious metal offerings, including sterling silver:

MetalProductPricePurityWeightPurchase LimitAvailability
GoldBar$2,800+24-karat1 oz5 per transactionOnline only, often sold out
SilverCoins$699.99.999 fine20 x 1 oz5 packs per transactionOnline only
PlatinumBar$1,089.99999.5 pure1 oz5 per transactionOnline only, limited availability
Sterling SilverNot offeredN/AN/AN/AN/ANot available

Key points to know:

  1. Costco does not currently offer sterling silver products for investment purposes14.
  2. Prices fluctuate based on market conditions, with gold and silver prices appreciating over 30% in 20244.
  3. Costco's markup is generally around 2% above spot price, which is considered reasonable in the industry4.
  4. Purchases require an active Costco membership and are limited to one transaction per membership4.
  5. Precious metal sales are not available in Louisiana, Nevada, and Puerto Rico4.
  6. Costco does not offer a buyback program for these products5.
  7. There is a strict no-return policy on bullion purchases5.
  8. Costco's pricing system differs from most dealers, as they don't update prices in real-time based on market fluctuations5.
  9. Timing purchases during market volatility might potentially lead to better deals, but requires careful monitoring5.
  10. 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.

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