Costco sells silver coins at wholesale retailer

    Related

    Share


    After Costco’s gold bars flew off the shelves, the wholesale retailer turned to selling silver coins. 

    Sold in 25 tubes, the 1-ounce Canada Maple Leaf Silver Coins are priced at $679.99.

    The coins from the Royal Canadian Mint have a image King Charles III on one side and a maple leaf on the other. 

    They have a face value of 5 Canadian dollars each.

    COSTCO SOLD $100 MILLION IN GOLD BARS LAST QUARTER

     In this photo illustration, one-ounce silver Canadian Maple Leaf bullion coins are arranged on March 14, 2021 in Katwijk, Netherlands. (Yuriko Nakao/Getty Images / Getty Images)

    The silver coins are 99.99% pure, Costco said.

    Members can buy a maximum of five tubes of silver coins, which are non-refundable.

    Costco exec member card hold up

    A shopper displays her Costco Wholesale membership card as she enters a Costco Wholesale store March 8, 2002 in Niles, IL. (Tim Boyle/Getty Image / Getty Images)

    Some shoppers say their coins from Costco were scratched when they arrived.

    The Royal Canadian Mint said that the silver coins feature “enhanced” security features, that will reduce the likelihood of them developing white discoloration spots.

    COSTCO IS SO BELOVED BY THIS COUPLE, THEY WROTE A BOOK ABOUT THE RETAILER

    However, some silver coin shoppers at Costco said that their coins arrived at their homes scratched.

    1 oz gold bar from costco

    Similarly to the gold bars, the coins have sold out online, but prospective buyers can check with their local Costco to see if there is availability.

    In December, Costco’s chief financial officer said that they sold $100 million of gold bars in a quarter.

    GET FOX BUSINESS ON THE GO BY CLICKING HERE

    “You’ve probably read about the fact that we’re selling 1-ounce gold bars,” Galanti. “We sold over $100 million of gold during the quarter.”

    Fox News has reached out to Costco for comment.



    Source link