Current:Home > Contact-usCostco goes platinum. Store offering 1-ounce bars after success of gold, silver-InfoLens
Costco goes platinum. Store offering 1-ounce bars after success of gold, silver
View Date:2024-12-23 11:34:26
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! (47)
Related
- College football Week 12 expert picks for every Top 25 game include SEC showdowns
- Conjoined Twins Abby and Brittany Hensel Revisit Wedding Day With a Nod to Taylor Swift
- All Of Your Burning Questions About At-Home LED Light Therapy Devices, Answered
- How many points did Caitlin Clark score last night? Top pick hits dagger 3 to seal Fever's first win
- Five best fits for Alex Bregman: Will Astros homegrown star leave as free agent?
- UFL schedule for Week 9 games: Times, how to stream and watch on TV
- After Five Years Without Drinkable Water, a Nebraska Town Asks: When Will Our Tap Water Be Safe?
- Millie Bobby Brown and Jake Bongiovi's First Pics After Wedding Prove Their Romance Is an 11 Out of 10
- Sports are a must-have for many girls who grow up to be leaders
- UFL schedule for Week 9 games: Times, how to stream and watch on TV
Ranking
- Apologetic rapper Tekashi 6ix9ine gets 45 days in prison for probation violations
- Thai town overrun by wild monkeys trying trickery to catch and send many away
- Beauty Queen Killer: Christopher Wilder killed 9 in nationwide spree recounted in Hulu doc
- In one North Carolina county, it’s ‘growth, growth, growth.’ But will Biden reap the benefit?
- Incredible animal moments: Watch farmer miraculously revive ailing chick, doctor saves shelter dogs
- Man throws flaming liquid on New York City subway, burns fellow rider
- Indianapolis 500: A double bid, a whiff of scandal and the fear of rain as race day arrives
- Watch our Memorial Day tribute to the military who sacrificed all to serve their country
Recommendation
-
Dwayne Johnson Admits to Peeing in Bottles on Set After Behavior Controversy
-
Lenny Kravitz on inspiration behind new album, New York City roots and more
-
NASCAR at Charlotte spring 2024: Start time, TV, streaming, lineup for Coca-Cola 600
-
MLB's five biggest surprises: Are these teams contenders or pretenders in 2024?
-
Tennessee fugitive accused of killing a man and lying about a bear chase is caught in South Carolina
-
Harrison Butker Breaks Silence on Commencement Speech Controversy
-
National Wine Day 2024 deals, trends and recs: From crisp white wines to barrel-aged reds
-
'I want to do damage': Yankees' 6-foot-6 prospect Spencer Jones has his eyes on New York