Current:Home > StocksCostco goes platinum. Store offering 1-ounce bars after success of gold, silver-LoTradeCoin
Costco goes platinum. Store offering 1-ounce bars after success of gold, silver
View Date:2024-12-23 23:51:36
At the store where everything is sold in bulk, more precious metals are being sold as Costco adds platinum to its lineup.
The 1-ounce platinum bars are available online now to members. This isn't the first time the store has sold precious metals. They've sold silver coins and gold bars that sold out like hotcakes.
The company sold more than $100 million in gold bars in a three-month period between September and November 2023. The 1-ounce, 24-karat gold bars were priced at about $2,000.
The company describes the new platinum bars as 999.5 pure platinum made in Switzerland. The refiner has also earned the Good Delivery accreditation from the London Bullion Market Association, is an international trade association linked with the precious metals industry, the company said.
Here's what you need to know about Costco's latest precious metal and how you can get your hands on it. If you live in the right states, that is.
How much are Costco’s platinum bars?
The platinum bar offered by Costco is retailing for $1,089.99. Sold only online, the bar is available for purchase but delivery is unavailable in Nevada, Louisiana and Puerto Rico.
Costco says the bar will arrive between three to five days after the time of order, and there is no option to return or refund their platinum bar order.
How many Costco platinum bars can I buy?
There is a limit of one purchase per Costco member, with a five-bar maximum per transaction.
Costco has recently increased membership prices
Last month, a membership price increase went into effect at the store, the first increase since 2017. Annual membership fees increased from $60 to $65 for Gold Star memberships in the United States and Canada.
On the other hand, Costco executive memberships increased from $120 to $130 with the maximum 2% annual reward part of the executive membership increasing from $1,000 to $1,250.
Contributing: Saleen Martin
Fernando Cervantes Jr. is a trending news reporter for USA TODAY. Reach him at [email protected] and follow him on X @fern_cerv_.
veryGood! (16)
Related
- Driver dies after crashing on hurricane-damaged highway in North Carolina
- Montana judge blocks enforcement of law to ban gender-affirming medical care for minors
- USDA expands access to free school breakfast and lunch for more students
- 'Home Town' star Erin Napier shares shirtless photo of Ben Napier, cheering on his fitness journey
- Florida man’s US charges upgraded to killing his estranged wife in Spain
- Brooks Robinson, Baseball Hall of Famer and 'Mr. Oriole', dies at 86
- Brooks Robinson, Baseball Hall of Famer and 'Mr. Oriole', dies at 86
- North Korea says it will expel the US soldier who crossed into the country in July
- Should Georgia bench Carson Beck with CFP at stake against Tennessee? That's not happening
- A look at other Americans who have entered North Korea over the years
Ranking
- Powerball winning numbers for Nov. 9 drawing: Jackpot rises to $92 million
- See Scumbag Tom Sandoval Willingly Get Annihilated By His Haters and Celebrity Critics
- Baltimore police warn residents about Jason Billingsley, alleged killer that is on the loose
- After 28 years in prison for rape and other crimes he falsely admitted to, California man freed
- Trump hammered Democrats on transgender issues. Now the party is at odds on a response
- Ex boyfriend arrested in case of Crystal Rogers, Kentucky mom who disappeared in 2015
- Donald Trump’s lawyers ask judge to clarify fraud ruling’s impact on ex-president’s business
- Watch: Rare 'Dumbo' octopus seen during a deep-sea expedition
Recommendation
-
Cowboys owner Jerry Jones responds to CeeDee Lamb's excuse about curtains at AT&T Stadium
-
More than 100 dead, over 200 injured in fire at Iraq wedding party
-
Novak Djokovic takes his tennis racket onto the 1st tee of golf’s Ryder Cup All-Star match
-
Storms batter Greek island as government prioritizes adapting to the effects of climate change
-
DWTS' Sasha Farber Claps Back at Diss From Jenn Tran's Ex Devin Strader
-
GOP setback in DEI battle: Judge refuses to block grant program for Black women
-
The movement to end hunger is underway. We support families battling food insecurity.
-
Ohio wants to resume enforcing its abortion law. Justices are weighing the legal arguments