What do you think of retailer Costco selling gold bars and silver coins?

No problem if the counter person is familiar with coins. Usually it is someone who has no idea about numismatics.

Name and address withheld

Before buying coins from Costco, I’d ask myself what does Costco know about coins? Until Costco has a track record of a few years as a trusted source of coins, I’d rather buy from an established coin dealer or the U.S. Mint.

Louis Iudiciani Cumberland, R.I.

Not sure.

Kim Randazzo Address withheld

Some of Costco’s higher-end merchandise lack quality. I would be very cautious of purchasing gold and silver bars or coins from them. With Costco’s excellent return policy being their biggest attraction, they would have to increase security!

R.C. Quintana Address withheld

Kind of think it would be unusual to purchase a product from Costco that you already know what the raw price is. It would be an eye-opener to see exactly what they would mark it up to. Guess it would probably do nothing to the silver and gold markets.

Roy E. Robertson Annapolis, Md.

I would be tempted to ask for silver at the price I was paying for Franklin Mint items back when I joined Costco. That was in 1981 and I think silver was about $4 an ounce then.

Gary Beals Lakeside, Calif.

I think it is great that Costco is selling gold bars and silver Eagles (if that is what they are selling)! It will raise public awareness and stimulate interest in coin collecting, in my opinion.

Jim Address withheld

I’m all for it if the price is right! Ed Harrington Jacksonville, Fla.

I think it’s a great idea. Get my gold or silver, pay with Costco card. It’s a win-win.

Daniel Pudelek Address withheld

More power to them! This is a great way to increase awareness of gold and silver, plus potentially introducing numismatics to a wider audience. Timothy Scharr

Aviston, Ill.

Its OK.

Ricky Brewer Address withheld

They are selling them at a higher premium than you can buy them for at APMEX.

Sean Moffatt Oklahoma City, Okla.

Welcome Costco! This can only be good for our community.

Joe G. Carlsbad, Calif.

I am not a bullion investor, so if this appeals to those folks, have at it.

Lorne Lavertu Herndon, Va.

Very good idea.

Richard Meilleur Address withheld

Personally I love Costco. It’s one of my favorite stores.

Costco is known for its excellent prices so I assume they are competitive selling the gold and silver bars and coins. And it might introduce new people to collecting.

So I am just fine with it.

Roy Herbst Address withheld

Having Costco join others in selling gold and silver coins and bars is one excellent idea!

Firstly, it will help create a new wave of coin collectors, and secondly it will help more people to invest in precious metals. Third, it will help people to convert their worthless fiat dollar into tangible assets and protect their hard-earned money by exchanging paper into valuable metals.

Name and address withheld

I think it’s great as long as they stay within market prices.

Manny Valerio Address withheld

As long as they’re genuine/valid/real and not some made-in- China nonsense, I’m fine with it as an easily accessible source of supply!

David Wyndoze via Facebook

I remember in my younger years Kmart sold coins, and also the old five and dime store in my town in the ’60s sold coins and stamp bags.

Hildebrand James via Facebook

They’re not wholesale. You can only get wholesale through the secondary market. Robert Dean Andrews via Facebook