I bought silver bars and rounds from Costco in Canada. Paid on their website with my credit card, free two day delivery. They offer gold one oz bars and coins, all from the Canadian mint. No purchase tax.

@TechieTard

25 күн бұрын

You had me at no purchase tax!

@Thanos88888

24 күн бұрын

@@TechieTard in Canada, all bullion is tax free because it's considered cash.

@martymiller9802

24 күн бұрын

Does SAM’s Club have these?

@babbybailey2534

24 күн бұрын

Hey, thanks for heads up. I was wondering if Canadian Costco's had them. Great!

@gallardo360

24 күн бұрын

my grandfather owns a pawn shop. he has over 300lbs of scrap gold and more in silver scrap in 5gl buckets

Texas does not tax the sale of silver bullion, as well as other precious metals like gold and platinum, beginning October 1, 2013. This includes bullion coins, bars, and rounds, as well as rare numismatic coins.

@tutnetam

28 күн бұрын

Thanks bro! This info I was looking for 🙏🙏🙏❤️🇷🇺❤️ love from Dallas!

@frankventrella8558

24 күн бұрын

NY recently started taxing all metals, coins, old currency. But bullion over an ounce is tax exempt. But you have to ask the dealer eg apmex, ebay for a reimbursement. I am going to start next week.

@vincea2996

24 күн бұрын

@@frankventrella8558 ny lmao, that state has become the joke of America right next to California

@sunso1991

17 күн бұрын

Maryland charge 6% on metal it ps me the f off so much

@tktimber418

12 күн бұрын

@@sunso1991 go to Pennsylvania or West Virginia or Virginia. Maryland is close to all those states.

$289 with 5% cash back? That is definitely a bargain…… I love the thought of cash back on bullion 👍

@dentontxflatearthguy2903

27 күн бұрын

Right? with him catching the tax issue, it means he saved $174.00 on the 5 bars. Not bad at all.

@terosma

26 күн бұрын

I believe it is 4% cash back in total, 2% from Executive Member and 2% from Costco Citi credit card, unless using some other visa with better cash back

@abraham3981

26 күн бұрын

Too bad I cannot do that in California without the Taxes negating the cashback

@bigbaddms

26 күн бұрын

@@abraham3981there’s no tax in CA if you spend more than $2000

@onetruepatriot6718

26 күн бұрын

APMEX Bullion card, gives you cash back for buying bullion.

As a Costco employee, there is another way to void the tax on the item. It’s not complicated, but doing the transaction on its own is easier to see everything going on. Also, the 5 limit is per visit. It’s to allow other members the opportunity to purchase them

Wisconsin just waived all tax on silver/gold no lower limit as of march this year. Its nice.

@rudypoo4370

29 күн бұрын

Illinois has no tax on bullion, Wisconsin has to "compete" for those crossing the boarder to buy in Illinois.

@0004612

29 күн бұрын

Now Minnesota needs to fix this issue. They tax anything considered legal tender. No tax on bullion bars or rounds.

@drewmcclintock7034

28 күн бұрын

@@rudypoo4370 border*. NOT boarder. a boarder is one who boards people.

@rudypoo4370

28 күн бұрын

@@drewmcclintock7034 right. 😉 Miners, not minors

@funnyfarm5555

27 күн бұрын

@@drewmcclintock7034 Last time I checked KZread was not a spelling class. Sometimes autocorrect on some cell phones changes the spelling when a person presses send and they never get to see what changed.

Many KZread stackers dislike Costco and what they’re doing with precious metals but in reality they’re just bringing new people in while pushing prices up in the market by making it mainstream. I appreciate it all and love the competition it brings across the table!

@maladyofdeath

28 күн бұрын

Be careful what you wish for, Costco isn't some beacon of society.

@edb3877

28 күн бұрын

@@maladyofdeath Few businesses are. In fact, beacons of that kind are pretty rare these days.

@Carlos-wz7vm

28 күн бұрын

I have always seen gold and Silver as a means for wealth preservation . If Costco lets more people access this asset, I am all for it. I am glad more people are waking up to the idea of diversifying away from fiat currency which constantly gets devalued due to excessive printing.

@ShannonRamos

27 күн бұрын

@@Carlos-wz7vm They also sell power generators, gas cans, and non-perishable food... if they only had ammo.

@markturner5207

25 күн бұрын

There is a seedy side to a lot of LCS’s. I have found many to be like used car salesman, super shady. What COSTCO is doing is great for stacking, bringing the prices to a realistic and consistant level.

At my Costco the "manager" said gold and silver is too popular, so they don't carry them. The associate and manager did not see any irony in this.

@edb3877

28 күн бұрын

I would have asked that manager, "How come? Makes Costco too much money?". lol

@rickreese5794

26 күн бұрын

Another shmart mgr ?🥵🤔🥵🤪

@TexCen

25 күн бұрын

Costco is actually REALLY good at listening to customer feedback. See if you can't find who the GM for your store(s) are and contact them. I would be more surprised than not if they don't start stocking it - asst. mgr's POV be damned.

@josephhodges9819

25 күн бұрын

If they are not making enough of a profit on each one, then the advanced security and the process of ordering them might not be worth it. On each bar they are probably making only $1-$2 because people are not going to pay $10 over spot when it is easy enough to get them off JD Bullion and other only shops.

@edpodbielski469

25 күн бұрын

LOL. You'd think they like the extra sales!

Washington State also has no sales tax on gold and silver. "Gross income from sales of precious metal bullion (gold bars, processed nuggets, etc.) and monetized bullion (coins, etc.) is generally exempt from tax. An exemption applies even if the bullion is sold for more than face value." WA State Dept of Revenue.

@edb3877

28 күн бұрын

Agreed. I've bought gold and silver for over a decade now and none of those buys, both local and online, were ever taxed. Anything made from gold or silver can be taxed, such as silverware, a silver coffee or tea service, or jewelry.

our costco was sellimg pamp gold bars for 2369.00 saturday and spot was 2302.00. if you had an executive membership and the costco visa the 4% cash back would have brought the price down to 2275.00. not a bad deal at all.edit to correct math

@josephpadula2283

29 күн бұрын

How is 2975 a good deal ?

@magicman9321

29 күн бұрын

i was thinking the same lol

@cutlerylover

29 күн бұрын

you might have a typo with that final number haha

@erikgrimes3621

29 күн бұрын

@@josephpadula2283 i messed up the math 2275.00 after discount

@erikgrimes3621

29 күн бұрын

@@magicman9321 corrected the typo

Speg, as I mentioned in your first Costco video.... Costco is violating the law by charging tax on the bullion (on purchases over $500). It makes no sense for Costco to rely on the knowledge of the checkout clerk to make it tax-free... this HAS to be done by the computer at checkout. How many people were outright cheated by Costco because they were incorrectly charged tax on their purchase ? This is a class action lawsuit just waiting to get started. Contact your state tax authority and let them know what's going on.... or get a lawyer to explore initiating a class action lawsuit. This "accidental" taxing of bullion must not be ignored.

@Spegtacular

29 күн бұрын

So contact someone Joe. Be the kindle.

@joeknipp6698

29 күн бұрын

@@Spegtacular If I lived in Florida... and I had been wrongly charged tax TWICE... you bet I would ! But this happened to you, not to me. Most lawyers will give you a free consultation to discuss the case... you've got nothing to lose, and a lot to gain (for other Florida residents who buy bullion from Costco).

@TheDirtymikenation

29 күн бұрын

@@joeknipp6698 he obviously has more money then enough to not care about recouping the tax

@Spegtacular

29 күн бұрын

I fixed the issue and no harm came to me. Someone who was wronged and no fix occurred needs to step forward.

@greg7129

29 күн бұрын

@@TheDirtymikenation It's really not so much about the money but what is right and wrong.

Thank you, thank you, thank you brother. I am going to buy some silver and gold bars from costco with cash. I never thought i could get cash back using my card. Genious

Exciting news! The inclusion of Rose number [900] beautifully symbolizes our collaborative efforts in this creative garden at CoinEra. Let's continue nurturing this shared space together! 🌹🌷🌼 Thank you for being an integral part of it! 😊💖

You brought up an excellent point that I haven’t seen other KZreadrs point out, Taxes. In my state ( Nevada ) Costco charges tax on bullion but there is no tax charged from on-line bullion dealers ( at least the ones I buy from). This tax would make my Costco bullion purchases far more expensive than on-line dealers. I even contacted the Costco Tax Department for confirmation for confirmation. Apparently Nevada tax law is a bit ambiguous and Costco doesn’t want the potential liability.

I'm going to have to look closely at my costco. I've never seen bars or a sign for bars at my costco's jewelry counter. I also don't know if my state has a no-tax on bullion over a certain limit. Thanks for checking it out and showing it so I can know to look. I'd love to have one of those!!!

Ha! I was born and raised in the Dunedin/Clearwater area. Sorry, had to comment seeing your receipt and knowing exactly where that Costco is located.

@BostonEMT

29 күн бұрын

crossing 19 is not for the faint of heart

@mrsspegtacular6484

29 күн бұрын

That’s awesome!

@flemishpopulist1477

29 күн бұрын

@@BostonEMT Oh man...100%!! Thankfully they are slowly but surely making overpasses, at least in Pinellas Co.

@danluallen9746

29 күн бұрын

Sitting at Bellair and 19 watching this now. Might go grab a $1.50 dog from there haha

@michaelangelobergeron5980

29 күн бұрын

What a small world 😂

10:49 Hey, you didn't weigh that bar, moving it to the final pile, bypassing the scale, just like some shoppers do at the self checkout!😆

@whatthehell2592

26 күн бұрын

Noticed that myself.

@thisnamewastakentoo_

26 күн бұрын

That was the fake one like he said.

@2aprogressive626

25 күн бұрын

@@thisnamewastakentoo_ great, so show us what the machine does when it's fake!

@thisnamewastakentoo_

25 күн бұрын

@@2aprogressive626 he did. It stops you placing it over the detector, as shown.

He Speg, I love these bars as well! I have a few that I bought a few years ago. They are a really nice 10oz bar for anyone's stack!

Skipped the 8th one that probably the fake lol. Just being that guy. Thanks for the great content!

RCM puts out imho the best looking bullion as reasonable prices AND keep up with demand. I think these bars are the most beautiful ones out there. Kudos to you sir! Great scores!!

Thats good stuff. I see you are in New Port Richie, Fl. I'm on the other coast between Orlando and Daytona Beach in a little town called DeBary! Great purchase for you. I love those bars as well, picked up 10 of the a couple of years ago and left them in the plastic for a year. I guess the plastic has a couple of holes in them because a few bars started toning along the edge where the holes were discovered. I unbagged them and put them all in Capsules. Hopefully that will slow down any toning because they really are beautiful bars. Thanks for Sharing!

@mrsspegtacular6484

29 күн бұрын

Thanks for watching, neighbor 😊

Great info THANK U❤

I'm really happy you know the laws here. I didn't know this and it's something that I need to know. Thanks for sharing.

@mrsspegtacular6484

29 күн бұрын

Glad he was able to help!

Those are so beautiful! I am so jealous!!!!! On a side note save the boxes. Good for putting gifts in for birthday/Christmas.

@Spegtacular

29 күн бұрын

They’re holding dust as we speak.

The RCM 10 oz. bars are one of my absolute favorites- gorgeous bars with great details. Second favorite is the Royal Mint Britannia 10 oz. bar.

@mrsspegtacular6484

24 күн бұрын

They are beautiful!

@UrbanGardeningWithD.A.Hanks14

21 күн бұрын

I have the 10 oz. Britannia with the sailing ship on it. It's beautiful. Until you turn it over and see the queen's ugly mug on the other side.

I’m a silver stacker myself, and like you I live in Florida. I was aware of the no sales tax law. I was however not aware that Costco sold bullion. I will be checking my local store. Or stores. I have 4 within 20 minutes of me. Thanks again and I subscribed to the channel because of it.

@mrsspegtacular6484

28 күн бұрын

Welcome to the channel! Hope you find some!

Nice stack of bars, Spegtacular! Wish there was a Costco near me....id be putting a few away for sure! As for gold, id stay away from bars and hope to find Eagles or Maples instead. Much prefer the coins... but that's just me. Take care, be safe and God bless!

@Spegtacular

29 күн бұрын

I prefer the coins in gold too BUT I’m totally down to get bars if they’re close to spot. I have no issue with that.

@edb3877

28 күн бұрын

Not just you, Jim. I LOVE gold and silver coins but bars are pretty much "meh" to me. I have 40 x 5-oz. SilverTowne Prospector bars that I bought several years ago and consider them as trading material the next time we get a nice silver squeeze. Will probably buy some gold with the proceeds.

Saying California is messed up is like saying water is wet.

@lewis9888

29 күн бұрын

I drove Trucks for nearly 30 years so I was in CA many times through the years and I can Not see why anyone would want to live in that Communist State.

@jamesscherping2461

28 күн бұрын

Have you lived in CA?

@markthompson7503

27 күн бұрын

@@jamesscherping2461 I do. 52 years, It's a nightmare.

@markthompson7503

27 күн бұрын

California where they tax your air, water and land.

@OCKev

27 күн бұрын

Yep, I've lived in California my whole 55 years. Very messed up! If Costco limits you to 5 bars, which would be about $1500, then there's no way to hit the $2000 tax exemption amount, so you're gonna pay Gavin his taxes no matter what you do!

In Canada there's is no tax on gold, silver and platinum bullion. More so on coins that are marked as having a face value, like the gold Maple leaf that has a face value of fifty dollars. The 10 ounce round I bought from Costco shows a value of fifty Dollars also. There is sales tax on palladium and rhodium, don't ask me why.

@subspace666

22 күн бұрын

think its because they use the definition of precious metals from the dictionary that only include silver gold and platinum.

I’m in Arizona and Costco’s system here was setup properly for the tax exemption. I did have the checker only charge for one when I wanted three but got that corrected. I bought five but when I go back I’ll buy more. Great video!

@tabbennett4254

24 күн бұрын

What Costco did you find your bars at? Im in Glendale but didn’t see them

Clearwater here. I drive by that Costco nearly daily..

@jasonponto1032

26 күн бұрын

Wow...........

@GWM9930

23 күн бұрын

Me too!

fantastic price and looks like you are getting good service from Costco as well.....lovely bars....

This is a brilliant video and fantastic advice. Thank you.

@mrsspegtacular6484

24 күн бұрын

Thanks for watching!

In NYS, anything over $1000 is tax exempt. This includes PM's and numismatics.

The RMC 10 oz Silver Bars are the only Bars that I stack. They are of very high quality and are very well known. Great video and very informative. Thanks for sharing.

@mrsspegtacular6484

29 күн бұрын

Thanks for watching, Donald!

Thank you for clearing everything up. : )

Beautiful silver bars, can’t believe you found them at Costco! I guess I’ll be heading to my local Costco and see if they have any. Thanks 🙏🏻🇺🇸

In the near future we'll be getting college degrees from Costco 🥴

@mrsspegtacular6484

29 күн бұрын

😆

@adamr740

28 күн бұрын

Such a good movie lol😊

@TP-kr5dp

28 күн бұрын

Yep, right next to the toilet paper, right where they belong

@jonderek4647

26 күн бұрын

And without the communist indoctrination!

@whatthehell2592

26 күн бұрын

More like dollar general or dollarrama in the DEI section.

$289 FOR 10OZ BARS? NICE BUY! HAVE SOME COINS, MOSTLY 1-100OZ BARS=LOTS N LOTS! (ALSO BB SIZE, WITH TEST KITS!)

Very entertaining and fun to watch. Thanks for posting this.

@mrsspegtacular6484

24 күн бұрын

Thanks for watching 😊

Yes, In California its up to $2k min purchase to avoid paying tax.

@hj6037

24 күн бұрын

I bought my and I paid taxes because of 5 limit

Here in Canada, silver bullion is tax free, scrap silver and rounds are not.

@stevestevens502

29 күн бұрын

rounds are tax free too if its pure silver

@wasillastacker

27 күн бұрын

That is exactly why I traded off all of my generic silver rounds for gold coins a couple years ago.

@stevelauda5435

27 күн бұрын

@wasillastacker I will be soon doing that with my platinum. I will wait until silver hits 40 bucks maybe 45 0z,s then dump and buy gold like I did back when silver hit 48 bucks an 0z.

@stevestevens502

27 күн бұрын

@@stevelauda5435 $40-45 USD or CAD?

@ZaraQadir97

25 күн бұрын

@stevelauda5435 can you explain what you exactly did ? Why didn't you buy gold in first place ?

Excellent report 👍👍👍👍

@Spegtacular

29 күн бұрын

Glad you enjoyed it! It cost me a lot of money to make this report 🤑

Know what you mean about buying silver years ago. I bought a lot of silver back when it was $14-$15 an oz, with $2-$2.50 premiums per oz. Not impressed with the cost of silver these days but that's OK because I completed my silver stacking goal back in late 2019. Still buying some gold, though. It's harder when it is $2300+ per oz. Still remember buying some of that sub-$1200 an oz. gold. But all that seems as if silver and gold are doing their jobs of maintaining my wealth. I expected to be buying less as time went on and I am. Still buying the same US$ amount, though. Now, I get 3 ozs. for the same cost of 5 ozs. before. Yep, dollar shrinkage for sure.

I glad you could buy all those bars but I hope you have a safe place to keep them! I’d be scared someone would come and hurt me to get them!

Excellent video. I’m new here and the pledge of allegiance in the outro made me subscribe. Thank you. It means more to some people.

@mrsspegtacular6484

29 күн бұрын

Welcome to the channel 😊

Great price for sure

Call me crazy but can't they track all the sales through the membership cards with the persons name and address???

Congratulations on your purchase

nice bars keep stacking brother

I remember buying silver for 4 to 5 bucks an oz, sold it when it hit $40. Bought gold for $275 to 300. Sold it at $1735. Replaced it with 65% more gold when it bounced below $1100. replaced the silver when it dropped below $15. Sure wish I had doubled my holding of silver. Instead I bought a new truck.

@JollyRogerProductions

26 күн бұрын

Shitt man, feels like a dub to me. No reason to feel bad about that

@ponzo1967

26 күн бұрын

I'm sure you needed the truck, that's still good financial management. Some people couldn't save a dime if you paid them a dollar 💵

@Ari-mo8qo

25 күн бұрын

Wow

@redarcher1416

25 күн бұрын

I bought used textbooks in college in the late 70’s. Students sold them to the bookstore for 50 cents on the dollar. I bought 50 of them for each of my classes. I used my college savings. This created a shortage of books at the bookstore. I then sold them for a few bucks less that the new book. I a 125% profit in just a few weeks. In 1982 I was debt free. Owned a two year old 4x4 and a 750 Honda. I also had 35 grand in the bank. Opened a Satellite business and bought a 2800 sft house at age 25 with cash. Never borrow money again. It’s much easier to save and invest when you’re debt free. Live simply in your 20’s and 30’s. The payoff is amazing

@brawndothethirstmutilator9848

25 күн бұрын

Forget orange juice futures, this man cornered the used text book market.

Amazing deal Speq! Up here in The Netherlands no matter how many Oz or amount, the Tax will be 21% on bars a bloody shame I think. Bullion coins are free of tax up here but the premium is way more higher than in the US. A Silver Eagle at this moment goes for 35EUR and Maple leaf and Brittania for around 33EUR :(

@jeffw1267

29 күн бұрын

But at least you have all those great social programs.

@golforfishing

28 күн бұрын

Here in Toronto Canada the price for a Maple Leaf today is $41.70 CAD which is $28.32 EURO.

I was at Costco in Bradenton, FL yesterday. They didn't have the sliver bars, but they had the Gold bars! They are really nice!

@Spegtacular

27 күн бұрын

Nice! You can end up buying them for under spot

A certain channel said some intriguing information. I do not know if it is true, but COSCO is said to have purchased huge quantities of 2024 silver eagles. As of right now, you have been showing foreign bullion purchased, If silver eagles show up at COSCO. I am curious to know if this rumor is true, and if COSCO's entry into the bullion market will affect the market (if any). Just food for thought. At any rate. Very nice purchase to add to your personal stack!

@Spegtacular

29 күн бұрын

Eagles have been in Costco as of a few months ago. Reported several places. I believe they were a good deal at the time.

@angelcastaneda6598

29 күн бұрын

@@Spegtacular The other channel said that costco purchased or basically cleaned up The US Mint for the next 2 months. So basically dealers or big retailers like apmex will have a hard time getting ASE's. But yeah not sure if his source is reliable. I effing live in CA so you are right I have to spend 2k to avoid taxes but if the limit is 5, then I will be charged tax. CA is a POS honestly.

@Dave_9547

29 күн бұрын

Just notified that Costco does have 2024 ASE's in 20 coin tubes.

@DaveEPie

28 күн бұрын

I bought 2 tubes of eagles from Costco around the first of the year. Decent price. I also did hear that they wanted such a huge amount that they cleaned out the mint

@dorhinj23

28 күн бұрын

Hopefully op knows the difference between Costco and the China Overseas Shipping COmpany

I started stacking in 2016 when spot was around the $14-$15 range, I have quite a few of those 10 oz. rcm bars, they are my favorite looking bar, I also have a couple of their 100 oz bars, but not as pretty looking as the 10 oz., I have all kinds of bars, coins, and rounds, I enjoys collecting them, I also like to buy limited editions when I can, to me it doesn't matter where I get them from, as long as they are in great condition and real. I used to have a hotwheel collection obsession when I was younger, now I traded that for a gold and silver obsession, my wife say's at least I'm collecting something worthwhile for a change lol.

@mrsspegtacular6484

28 күн бұрын

Glad she’s on board now 😆 but hotwheels are pretty cool too…

@RogueCylon

25 күн бұрын

Some collectibles appreciate far faster than bullion.

@allsportsexpert

25 күн бұрын

So when you buy it is $1.5 above spot, when you sell it is $1.5 below spot; a minimum of $3 round trip fees. Has made a small amount of money for the past 8 years holding your silver bars.

I remember getting the Royal Canadian 10 oz. bars at my local coin dealer for $25 with spot back in January. I wish I would have bought more. 📈 Cash is 👑.

Very informative, I had no idea that was sold then but I have just breezed by all the time

Sales Tax = More of your MONEY for the Government to WASTE

@fish4bugs

26 күн бұрын

Buy in NH! No sales tax!

@_ADM_

25 күн бұрын

I've just commented: _"greeting from Europe, where everything is TAXed (VAT) 20-25% (depends on country)"_ and I'd rather say: more money for p$yhopates / technocrats for their next scams 🤮🤮🤮🤮🤮

@drx1xym154

24 күн бұрын

@@fish4bugs -- then the trip up needs to be cost effective bro! Might make sense IF the State were next door. The main problem is that the "Live Free or Die!" State has enslaved itself to the woke collectivist agenda, Ben And Jerry's and far, far worse. It was once a beautiful State with excellent cities. Now it is just the dumpster fire, garbage collection site for the bigger dumpster fire known as NYC. Can my mind if you think you can, yet I like my mind just fine. Also why nobody should listen to experts, unless they are making a submarine to venture to the Titanic or take on similar challenges. All the medical experts are either quiet or silenced by the collectivists at the Medical Industrial Complex. Crazy times! AMMIRGHT???

@hopefloats7573

24 күн бұрын

Do you use the roads? City, State or National Parks? How about the military? They are all funded with tax dollars.

@cwal_21

24 күн бұрын

@@hopefloats7573not really, the gov just prints more money when it needs it

Royal Canadian is the best. Don’t have any royal Canadian silver but I have royal Canadian gold bars.

The same happened in a Canadian city in COSCO. I told them it was wrong. They were charging tax. They kept charging tax for all the members and I told them that they would have to give those purchases their tax back. After all they are members.

Thank you for sharing!

@mrsspegtacular6484

29 күн бұрын

Thanks for watching!

I was about to head out to costco for more bars when this popped up in my feed 😂

@mrsspegtacular6484

29 күн бұрын

It’s a sign! 🪧

@mattatuckmanful

29 күн бұрын

Completely sold out and so was New Britain store. Guy said they only got 20 bars in, and the clerk actually bought one himself.

@mrsspegtacular6484

29 күн бұрын

Well that stinks!

Good info! Appreciate you doing this.

so when you want to sell where do you go? and how much of % they take from you? thx!

had you bought COIN (legal tender) would it be different on your cash back ,? money on Money? walmart selles gold bars

Well the land of the free kinda buy as u wish. Studies show big box stores push out the little guys. This is a perfect example Costco sells it cheaper but also they are selling non American product. I kinda disagree I love supporting LCS and buy American silver and gold. How about anyone else

@keithwizzard1722

29 күн бұрын

the lcs is one thing but all the big guys like apmez etc deserve their future battles with costco

my local costco has yetto carry any. of this in person

@francocannizzaro9156

29 күн бұрын

My local Costco in las vegas Never has the Gold or silver bars Other Costco in Town does get them But they sell Fast

Good call on scanning the silver separate from the groceries.

Dude, this was extremely helpful. I don't have tax in my state, but I did not know they were selling RCM bars. Online they had ASEs, but I've never picked any up. They are always out.

I bought silver bars a while back. Buying them is one thing, selling is another. Meanwhile, I doubled my money in a bitcoin ETF in a week.

I have not seen bullion at my Costco yet, bullion is tax free in Colorado, but the city my LCS is in taxes it. I live in the county and am exempt for now.

I’m in Florida so thank you for the valuable information, just liked and subscribed. 👊

@mrsspegtacular6484

22 күн бұрын

Welcome to the channel 😊

Great information, Thank you.

@mrsspegtacular6484

24 күн бұрын

Thanks for watching!

The majority of the silver I have hoarded away, my dad and I sat around the kitchen table swapping clad for silver back in the early 70s. The memories are worth well more than the lbs of silver. Miss ya Dad.

@edb3877

28 күн бұрын

I can understand that. My Dad passed back in '87 and not a day goes by but what I miss him and Mom( passed in '15). Great people. Same for my wife's parents, although they were older so passed before my folks. I miss them all.

The Costco's in my area don't carry them, but I was able to get a tube of American Silver Eagles on line. They ended up being $31.35 each after the discounts are removed. $5.00 cheaper than SD Bullion!

@mrsspegtacular6484

29 күн бұрын

Nice find!

What card are you using to get 3% back? I get 2 but am looking for something that'll give me more back on my PM Costco purchases

Excellent advice. Thanks

@mrsspegtacular6484

22 күн бұрын

Thanks for watching 😊

You're a monster making the store manger deal with customers lol!

@Spegtacular

29 күн бұрын

😈

@METALMAN4Wii

28 күн бұрын

@@Spegtacular I used to work at Kmart 2000-2006 we had one store manager who would only leave his office only to go get something to eat from the K Cafe. then when his boss the district manager was supposed to show up to do a walk around and point out everything wrong. he would just go home early the DM had to show up unannounced one day and force him to do his job.

@Spegtacular

27 күн бұрын

Oh the days of K-Mart.. I used to enjoy going into the fishing department as a kid… I don’t know why.

@METALMAN4Wii

26 күн бұрын

@@Spegtacular Yup second biggest department store next to Sears before 1990 I was watching the Toys That Built America Hot Wheels. they bought 50 million cars when they just came out just so their competitors couldn't!

We are tax exempt here in Canada 🇨🇦

@gotsilver77

29 күн бұрын

Except American gold eagles, they're subject to gst. So I assume Sterling silver is subject to gst. Anything not pure

@stevestevens502

29 күн бұрын

​@gotsilver77 i bought eagles tax free in toronto

@stevestevens502

29 күн бұрын

but it seems premiums are higher even with the currency conversion

Good info. Thanks for sharing

@mrsspegtacular6484

24 күн бұрын

Thanks for watching!

Very interesting. Good tips. Thanks for sharing this with us.

But does CostCo buy gold and silver back ? I dont know I havent been. If not then what is the value ?

@Spegtacular

29 күн бұрын

Costco doesn’t buy anything back..

@ronaldmitchell3665

29 күн бұрын

They are not DEALERS, but merely retailers…silver is money on the streets , who needs Costco???…

California... 5 x $289 = 1445 + $112 tax = $1557 (need over $2000 to be tax free) I won't buy at Costco until you can buy 7 at time.($2023). Maybe Costco will make an exception for us here in Cali !

@LoveMyRottweiler1

29 күн бұрын

That's a good point...I'm in California near 3 Costco's 210/57 fwy I'm going to try to find out the answer today...opens @ 10AM.

@silverpatriot8715

29 күн бұрын

Exactly! It’s unfortunate

@CW0123

29 күн бұрын

Living in California and trying to be “independent” is like going to McDonald’s after working out.

@jakecassillo8219

25 күн бұрын

California is $1500 an over for no tax. 🤙🏼🤌🏻

@silverpatriot8715

25 күн бұрын

@@jakecassillo8219 On Jan 2023 regulation 15992 changed the amount to $2,000to be exempt from tax in California

That tax break combined with your discounts really makes bullion investing attractive. Nebraska just ended all tax on gold and silver, I will be buying some now. Thanks for the video

where can i find the state tax exemptions on purchases? i live in arizona and would like to know how much i need to buy to be exempt of taxes.

fyi to buyers.. leave the bars in their plastic the come in too

@JFEnterprize

29 күн бұрын

People take em out 😧😯

@SlotHits777

29 күн бұрын

@@JFEnterprize you always get max value when selling when they remain stealed

@lepton31415

29 күн бұрын

why would you swap real money for monopoly money?!?!

@JFEnterprize

29 күн бұрын

@@lepton31415 cause not everyone take G&S as payment 🥳

@edb3877

28 күн бұрын

@@lepton31415 Maybe because the bills HAVE to be paid whether or not things are going well?

I wonder how Minnesota would work for this?

@0004612

29 күн бұрын

Minnesota doesn’t tax bullion bars or rounds but does tax Eagles cause they’re considered legal tender. Totally silly. I’ll have to go to Wisconsin for a new gold eagle.

@Vernbubba

29 күн бұрын

@@0004612have you found these bars at Costco in Minnesota?

Good Video. I would like to add that if you have any long term intentions to trade or barter the silver, that pre-1964 US coins will spend much easier because of their relatively smaller value. There may be difficulty getting change back if you only have 10 oz available to barter.

@tktimber418

12 күн бұрын

Pre-1965. 1964 coins are silver as well.

Won't costco price match a previous purchase if the price goes down?

My Costco is sold out the minute it’s for sale. I have never seen it on display but only online. Doesn’t matter because they are sold out so fast.

@tutnetam

28 күн бұрын

I checked online in my area- nothing 😢

@beethao9380

25 күн бұрын

sheep

@beethao9380

25 күн бұрын

@@tutnetam sheep

The best reason to buy precious metals?.. I grew up in the 50's and when I was a teen I paid .25 for a gallon of gas and I paid with one of our everyday quarters that were made of silver. Today you can still buy a gallon of gas for .25 if you use one of those silver quarters if it was minted prior to 1965, although you have to sell it to a coin dealer to get dollars for it's current value. The increase is due to the silver content, not numismatics value. I sure wish I would have kept those that I got back then. The silver has kept it's value, Dollars, not so much.

I have always loved the 10 Oz. RCM bars as well. The serial numbers make them extra cool (even though they don’t really mean anything to us). I’m not aware of a site where you can validate them. Nice pickups Speg!

@Spegtacular

29 күн бұрын

That’s a good point and something I can talk about in a future video lol

I remember when we had to do the pledge of allegiance way back when. They don't do that in schools anymore? Come to think of it, I think that was just done in elementary school. I don't remember doing that later.

@mrsspegtacular6484

24 күн бұрын

They don’t do it anymore. I only remember doing it in elementary 🤔

A Canadian bar packed in a Chinese box. Go America!

@kerriwilson7732

24 күн бұрын

In Canada, we buy a Canadian bar packed in a Chinese box from the American retailer Costco. Go 2024!

Where do you get these, I have searched costco many times and I can never find them for sale, it isnt a product that is even listed.

@mrsspegtacular6484

22 күн бұрын

You have to check with your store.

Thank you!!

Hurts the mom and pop shops....... I will never buy the bars from Costco. I'd pay more from local coin shops.

@JFEnterprize

29 күн бұрын

LCS will buy it back. Costco won’t. Not yet. They prob should buy and sell tho. A 2k sigma and they’re in business with it. Sure that won’t hurt their pocketbooks 🎉😂❤

@Spegtacular

29 күн бұрын

Costco employs over 300,000 people so don’t be afraid to do business with ALL places while also holding local places near and dear to your heart. 300,000+ people are thankful that you’re shopping with Costco.

@Lilblaisy23

29 күн бұрын

@@Spegtacular until they replace them with AI to cut costs lol

@Spegtacular

29 күн бұрын

It’s coming!

Buying silver is the worst investment ever and paying retail price for it, it’s insane however buying it with a Credit Card is __________(I can’t say it because is against KZread guidelines)! If what you want is silver, you should’ve let me know… I have a bunch of utensils from my grandmother laying around. I could’ve given to you for free & tax free.

@mrsspegtacular6484

29 күн бұрын

We’ll take them right now, Spegtacular accepts all free silver 😉

@adamramirez8863

8 күн бұрын

You must not know about real money

My fave Bullion option are the Gold n Silver Chinese Pandas. Cute lil Panda Bears.

@Spegtacular

25 күн бұрын

🤮

Wish they sold these bars at Costco in my town, they seem to only have the Pamp Lady Fortuna Gold 1oz bars

Nice haul, Speg. To avoid U.K. value added tax, it's best to buy it second-hand here.