7 Costco Jewelry Gifts To Buy Before Christmas (And 3 That Only Look Like Deals)
Ezra Feldstein
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7 Costco Jewelry Gifts To Buy Before Christmas (And 3 That Only Look Like Deals)
81 131 просмотр · 5 дн. назад
Ezra Feldstein
4,46 тыс. подписчиков
81 131 просмотр · 5 дн. назад
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Costco sells a one ounce gold bar at three point seven percent over the metal, and a smaller bar of the same gold at fifteen point eight percent. Nothing on either label tells you which one you are holding. I spent forty years on Forty-Seventh Street, and here are seven jewelry gifts worth buying at Costco before Christmas, and three that only look like deals.
I count down seven buys: Italian gold hoops, a Citizen Eco-Drive chronograph, a sapphire ring, diamond solitaires above and below the one carat report line, a platinum band, the one ounce gold bar, and the hundred gram bar that gains on you by January. Then three traps: silver coins at forty six percent over spot, tanzanite that does not hold value, and gift size gold bars at twelve to fifteen percent over melt.
For each one I do the arithmetic: the gram weight, the metal price, the markup percentage, and what it is worth the day after Christmas. I also tell you which item in that case may be worth more in January than you paid for it in November, and why the smallest gold bar is the one real mistake in the entire building.
Tell me in the comments which one you are buying this year, and what the gold bars are showing on your warehouse page today.