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Costco recently started selling silver coins for the first time, finance chief Richard Galanti told CNN. The company is selling 25-count tubes of 1 oz. Canada Maple Leaf Silver Coins online for $675.
The coins are 2024 Canada Maple Leaf silver coins, made of 99.99% pure silver. They have an image of King Charles III on one side and a maple leaf on the other and carry a face value of $5 ...
A 1-oz. Canada Maple Leaf platinum coin sells for the same price. Both carry a premium markup of about $94. ... Costco shoppers are a bit fonder of the gold than the silver offerings.
The Big Maple Leaf (BML) is a $1 million gold coin weighing 100 kilograms (220 lb) (3,215 troy ounces). A set of five [ 1 ] of these coins was produced by the Royal Canadian Mint (RCM) in 2007, at their Ottawa facility where the first BML produced remains in storage.
Gold seems safe, but it's value is subject to fluctuation
Costco's success comes as other areas of the gold market has weakened, notably the American Eagle gold coins − a proxy for retail gold buying − fell 64% between January and September of 2023 ...
Some coins are issued at a purity of .99999; this standard does not replace the Mint's .9999 Gold Maple Leaf coins, but is instead reserved for special editions. In 1999, the mint celebrated twenty years of the $100 Maple Leaf coin by issuing coins with a hologram, struck directly onto the coin's surface, rather than as a separate step. [14]
They're selling out within hours. Here's how to get gold bars from Costco and how much they cost.
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