Is it worth it to buy silver coins from Costco? I bought 125 1 oz Maple Leaf from Costco - Unboxing

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  • Опубліковано 25 вер 2024
  • I bought 125 of 2024 1 oz Canadian Maple Leaf silver coins from Costco...was it a mistake?
    EDIT: I stand corrected. We do get 2% cash reward from Costco and 2% reward from Citi card.

КОМЕНТАРІ • 110

  • @emericklamontagne3652
    @emericklamontagne3652 4 місяці тому +4

    I bought several tube of American Eagles and Maple leafs through costco, saving me just over 200 dollars had I bought it through Amazon. But they run out fast. Since I mail order it, I have to check for it's availability (when they are out) several times a day. Once I see that they are available,I purchase them asap, otherwise they will sell out quickly. Dealers are probably buying from Costco then flipping them for a profit.

    • @StackingWolf
      @StackingWolf  4 місяці тому +1

      I did pretty much the same. I search for them on their website daily. I wont be surprised if dealers buy from them as well :)

  • @markmolinari777
    @markmolinari777 4 місяці тому +1

    Good score, Homey! I don't have any silver or gold. But, I own shares of Costco. I'm as happy as you are, for you! Costco selling gold and silver has been a hugh boon for them. I can hardly wait for them to report their quarterly earnings on May 30th!

  • @jpr_2111
    @jpr_2111 3 місяці тому +2

    Not worth it! Taxed in many states and your purchase is traceable. My LCS does not tax or record cash sale.

  • @ReeferGil
    @ReeferGil 4 місяці тому +6

    I'm not 100%. I do believe I got 2% from Costco Executive member and 2% from Citibank. I use it so much and cash back rewards are not immediate. You're the first to say metals don't count.

    • @StackingWolf
      @StackingWolf  4 місяці тому +1

      Stand corrected. I just checked my Costco account details and I do see it in my rewards. Als, my citi card as well. Wow! How are they even making a profit? Thanks for the comment.

  • @armchaireconomist4870
    @armchaireconomist4870 4 місяці тому +3

    Check their website often. They didn't have Maples available yesterday, but I picked up 2 tubes this morning (5/9) at 9am. They were out of stock by 10am. The 2% rewards eligibility may vary by state. They gave it to me in FL. I paid the same as Wolf even thought spot had increased to $28.

    • @StackingWolf
      @StackingWolf  4 місяці тому

      Thanks for the info! I'm from CA

    • @StackingWolf
      @StackingWolf  4 місяці тому +1

      I just checked my Costco account details and I do see it in my rewards. Also, my Citi card as well. How is Costco even making a profit?

  • @keithauer4548
    @keithauer4548 4 місяці тому +1

    I would keep checking back cause supposedly a limit of 5 on the 10 ounce bars but that is per transaction not a lifetime cap

    • @StackingWolf
      @StackingWolf  4 місяці тому

      Thx yeah i was able to buy more! Silver eagles!

  • @NoOne12332
    @NoOne12332 4 місяці тому

    I went to the Costco store today (5/26/2024) they have the Gold bar PAMP at the old price of $2,399.99, online is for $2,449.99. It seems you have to check the local store first in case they have some leftovers and haven't changed the price yet. (Spot price today is $2,335.20)

    • @StackingWolf
      @StackingWolf  4 місяці тому +1

      Yeah i saw a lot of people saying the same thing as you but for my location they never display any gold or silver for customers. Im in Los Angeles.

  • @Steelythestacker
    @Steelythestacker 4 місяці тому +1

    I watched a video where a guy bought 5 bars from a Costco in Florida and he did get the 2% back on his card. You might want to double check that. Edit: 10th subscriber! Just started stacking last year myself and my first purchase was maples as well. I got maples with the last year with Queen Elizabeth on them.

    • @StackingWolf
      @StackingWolf  4 місяці тому +1

      Hey James, thanks for being my 10th subscriber. So cool! Yeah I started stacking on 2017. With what's happening around the world...I'm glad I did.

  • @NoOne12332
    @NoOne12332 4 місяці тому +2

    I just checked it today, did not buy them, on the checkout is showing that you get the 2%
    "Total$4,149.95
    You have earned approximately $83.00 towards your Executive Member 2% Reward on this purchase."

    • @bobdouglas9599
      @bobdouglas9599 4 місяці тому +3

      You get another 2% if you use there Citi visa

    • @StackingWolf
      @StackingWolf  4 місяці тому +2

      You're right, i got them too. Thx

    • @StackingWolf
      @StackingWolf  4 місяці тому +1

      That's correct

  • @bradleyozbun1012
    @bradleyozbun1012 4 місяці тому +5

    Is Costco going to by it back when you need to sale it ???
    Saving a few dimes to kill the S.B.m. or the L.C.S is not work it !!!....

    • @StackingWolf
      @StackingWolf  4 місяці тому +1

      No, Costco doesn't buy your silver coins back. Also, they have a no return policy. This is why I always record my unboxing just in case they mistakenly ship the wrong items or the wrong quantity. Costco's customer service is really good though so I'm not too concern about getting my money back in case something goes wrong.

    • @ChatGPT1111
      @ChatGPT1111 4 місяці тому

      Don't be ridiculous. They don't buy anything else back, including jewelry, etc., you gotta be really naive.

  • @Jimmyredcab
    @Jimmyredcab 3 місяці тому +1

    Here in the U.K. we have to pay 20% tax on silver, that’s why I only collect gold coins like Britannias.

    • @StackingWolf
      @StackingWolf  3 місяці тому +1

      Oh wow i never knew that. Thx for your comment.

    • @pteromalid
      @pteromalid 3 місяці тому +1

      Britannias are my favorite.

    • @maddexxx847
      @maddexxx847 3 місяці тому

      I pay no sales tax in my state

  • @timcory4455
    @timcory4455 3 місяці тому +1

    I have been getting the 2% executive awards after I have made the purchase's of silver coins from Costco, Shhhh, do not mention this to Costco!

  • @lisae357
    @lisae357 3 місяці тому

    Do you have any experience with investing in gold and silver IRAs? Would like to hear others opinions/experience with that.

  • @fablae
    @fablae 4 місяці тому +2

    You can buy 5 more every week when the limit resets.

    • @StackingWolf
      @StackingWolf  4 місяці тому

      Oh, really? Thanks for the info! :)

    • @SammyTheSidePiece
      @SammyTheSidePiece 3 місяці тому

      Yea i was about to ask how often we can buy them

  • @rickbruceroche2038
    @rickbruceroche2038 6 годин тому

    Just bought 39 1 oz Buffalos, from Walmart, at an average of $14.34@. Spot is just over $32.

  • @moonrocker1511
    @moonrocker1511 4 місяці тому +1

    Great pick up!...

  • @brianmcdonald4585
    @brianmcdonald4585 4 місяці тому +1

    Very nice to know infromtion.

  • @jaydot6360
    @jaydot6360 3 місяці тому

    I would like to get into stacking coins when do you think it’s a good time to jump in

  • @brentevans7872
    @brentevans7872 13 днів тому

    I got that same UPS pack and opened in in like 1/8 the time you did 😂

  • @CharlesBoyette-fk4fp
    @CharlesBoyette-fk4fp 4 місяці тому

    No Tax on precious metals in Fla. and many other states

    • @StackingWolf
      @StackingWolf  4 місяці тому

      In CA you need to buy over $2K in order to exempt from tax.

  • @silversleuth007
    @silversleuth007 3 місяці тому

    Outstanding purchase!

  • @stevestevens502
    @stevestevens502 4 місяці тому +1

    why take them out the sealed tube

    • @StackingWolf
      @StackingWolf  4 місяці тому

      just to feel it. just curious, is it worth more inside a tube like 5 years later down the road?

    • @l.d.8310
      @l.d.8310 3 місяці тому

      Worth the same i hamdle mine as well...i gitta feeo the goodness i purchased lol

    • @maddexxx847
      @maddexxx847 3 місяці тому

      If you never open the tube then how do you know they sent you real silver.

  • @markmolinari777
    @markmolinari777 4 місяці тому

    If you paid $30.39 per coin and the spot price at the time was $27.48, that means you paid a 10.58% commission. That's a good rate for a silver coin.

    • @StackingWolf
      @StackingWolf  4 місяці тому +1

      Thanks! I feel lucky I got some before silver price shot up.

    • @markmolinari777
      @markmolinari777 4 місяці тому

      @@StackingWolf Great! I'm happy for you. Good job! It's all very pretty stuff but, I don't buy silver or gold. Instead, I have shares of Costco. So, even though I don't buy any silver or gold, I benefit through their company stock.

  • @irwindrew
    @irwindrew 3 місяці тому

    Bought five tubes 1.50 over spot if you spend over two thousand in ca you don’t have to pay sales tax

  • @ScottOuellette-p1d
    @ScottOuellette-p1d 3 місяці тому

    I buy two monster mint sealed boxes of ASE'S every year. 1,000 bullion strikes in eagles alone.

  • @azwelke2638
    @azwelke2638 4 місяці тому +1

    Nice Maples!!

  • @josephdepasquale4779
    @josephdepasquale4779 3 місяці тому

    I bought 120 silver eagles from Costco best deal out there!!

  • @michaelangelobergeron5980
    @michaelangelobergeron5980 4 місяці тому

    I’m your seventh subscriber

  • @BTCforce
    @BTCforce 4 місяці тому

    It’s good for Costco, likely not good 4 u. Ag has been 1 of the worst “investments/insurance” for decades. Wouldn’t trade u a single round of ammo for all your shiny rocks

  • @ChatGPT1111
    @ChatGPT1111 4 місяці тому +1

    Wow the Apmex spot is over $31 less than one month later 😮

  • @rontucker8834
    @rontucker8834 4 місяці тому +1

    SALES TAX??????

    • @StackingWolf
      @StackingWolf  4 місяці тому

      It depends on your state. In CA if you spend over $2000 there’s no sales tax.

  • @richardlove4287
    @richardlove4287 Місяць тому

    Does Costco buy back? Nope, better keep in with your local coin shop.

  • @mrblue1933
    @mrblue1933 4 місяці тому +1

    💯

  • @TheDigitalPillars
    @TheDigitalPillars 2 місяці тому

    I have a question for people who buy these SMLs... Does it matter to you that King Charles is on them now? I won't buy any silver with him on it.. I am wondering if there are others out there who avoid Charles' effigy when buy silver.. i cant find any discussions about it on the net..

  • @Vernbubba
    @Vernbubba 4 місяці тому

    Did you have to pay sales tax on that?

  • @SilentSilver24
    @SilentSilver24 3 місяці тому

    Yup they have gold and silver, Sub

  • @stevenshelley9345
    @stevenshelley9345 3 місяці тому

    Can you buy single coins ?

    • @StackingWolf
      @StackingWolf  3 місяці тому

      No, they sell in a tube of 25 coins

  • @hyperinactive8294
    @hyperinactive8294 4 місяці тому +1

    Dude, give the cap a 1/8 twist and pop the top off...save your nails.

    • @StackingWolf
      @StackingWolf  4 місяці тому

      oh really it can twist off? There's tape there, it's so hard to get it off! Had to use a box cutter.

    • @hyperinactive8294
      @hyperinactive8294 4 місяці тому +1

      @@StackingWolf You will need to cut the security tape but after that you can just twist it and pop the corner of the lid.

    • @StackingWolf
      @StackingWolf  4 місяці тому

      got it. thanks for the tip!

  • @l.d.8310
    @l.d.8310 3 місяці тому

    G99d video thank you!!

  • @johnnyb3126
    @johnnyb3126 4 місяці тому +1

    New friend and Sub here 😊🎉

  • @peterbui8824
    @peterbui8824 4 місяці тому

    Did you get taxed?

    • @StackingWolf
      @StackingWolf  4 місяці тому

      No sales tax

    • @StackingWolf
      @StackingWolf  4 місяці тому

      In CA, you have to buy over $2,000 for there to be no sales tax.

    • @sergeantbigmac
      @sergeantbigmac 4 місяці тому +1

      I think its state by state. In Washington state there is no sales tax on precious metals, I actually didnt even realize this and was buying silver from private parties for a while just to avoid getting taxed lmao im an idiot.

    • @StackingWolf
      @StackingWolf  4 місяці тому

      Lol. Yeah, you're right, it's state by state. Some states tax with no exemption. I try not to buy too many coins from one dealer. I try to diversify my purchases from different shops and online dealers as well.

  • @MG-ge5ii
    @MG-ge5ii 4 місяці тому

    Leave them sealed 💀

    • @StackingWolf
      @StackingWolf  4 місяці тому +2

      Some people say to leave it sealed and some say to open it to count. I like to open it to see it and stack it for fun :)

    • @ReeferGil
      @ReeferGil 4 місяці тому

      Why leave it sealed? No one will buy them till they confirm what's inside. By breaking the seal. No one pays more for sealed tubes. So just curious why you'd say to leave it sealed.

    • @ReeferGil
      @ReeferGil 4 місяці тому

      I'm not 100%. I do believe I got 2% from Costco Executive member and 2% from Citibank. I use it so much and cash back rewards are not immediate. You're the first to say metals don't count.

    • @MG-ge5ii
      @MG-ge5ii 4 місяці тому

      @@ReeferGil “No one will buy them till they confirm what’s inside”…Proceeds to explain that he bought them without confirming what’s inside. E-commerce must only be available to you. 🤣

    • @ReeferGil
      @ReeferGil 4 місяці тому +1

      @@MG-ge5ii how old are you? Of course you buy them sealed from vendors who bought them straight from the mint. If you're buying second hand, you open them.

  • @frankdavidson644
    @frankdavidson644 4 місяці тому +4

    If silver goes up in value and you want to sell them we'll Costco buy them back or do you have to go to a pawn shop and get Horn swallowed.

    • @StackingWolf
      @StackingWolf  4 місяці тому +3

      Costco wont buy it back. You typically sell it to a coin dealer. They would buy it back a little below silver spot price. Dont go to a pawn shop they will rip you off.

    • @l.d.8310
      @l.d.8310 3 місяці тому

      Save it to trade for food in future or barter for anything

    • @timcory4455
      @timcory4455 3 місяці тому +1

      Do not go to a pawn shop. They will buy them but a much reduced cost from the spot price. Best to go to a reputable coin dealer who pay you a much better buy back price or SD bullion or other online bullion dealer will give you a fair price.

    • @SammyTheSidePiece
      @SammyTheSidePiece 3 місяці тому

      Its not a matter of "if", but "when" silver goes up in price !

  • @maddexxx847
    @maddexxx847 3 місяці тому

    Does costco charge you more if you pay with credit card