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Costco Goes For The Silver

Fox Business reports that Costco followed up a successful run selling gold bars – it claimed to have sold more than $100 million of them in a single quarter – with a new offering of silver coins.

According to the story, “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.”

Fox Business reports that “the silver coins are 99.99% pure, Costco said.

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

The only problem is that “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.”

KC’s View:

Next up, I imagine, will be a limited time offering of doubloons, salvaged from three shipwrecks – the Constellation, the Lartington, and the Montana – off the coast of Bermuda.

(Extra credit if you get the obscure movie reference here without going to Google.)

The post Costco Goes For The Silver appeared first on MNB.

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