This article originally appeared on Business Insider.
is not alone $2,000 gold bullion you can buy from Costco — Customers can now also buy bundles of $625 silver coins as the retailer expands its precious metals business.
The discount retailer recently began selling coins for the first time, said CFO Richard Galanti CNN.
On the Costco website, you can purchase a pack of 25 2024 Canada Maple Leaf Silver Coins. Each coin weighs one troy ounce and is made of 99.99% pure silver, Costco say.
The coins, from the Royal Canadian Mint, feature an image of King Charles III on one side and a maple leaf on the other. They have a face value of 5 Canadian dollars each.
The coins have an image of King Charles III on one side and a maple leaf on the other. Costco via Business Insider
Galanti told analysts Thursday that Costco's e-commerce sales growth in the quarter “was led by sales of gold and more recently silver.” Comparable e-commerce sales in the quarter to February 18 rose 18.4% compared to the same period of the previous year.
Galanti had previously said on Costco's September earnings call that the 24-karat gold bars, priced at about $2,000 each, had sold out in just “a few hours.” He later discovered that customers had spent 100 million dollars in the bars in the quarter to November 26.
Gold prices hit an all-time high this week.
Some shoppers say their coins from Costco were scratched when they arrived
Royal Canadian Mint say that the silver coins contain “enhanced” security features, including anti-counterfeit technology and protection to reduce the likelihood of them showing white spots.
Coins cannot be returned or refunded and are limited to five boxes per membership, all must be purchased in one order. Price includes insured, signed-for air shipping via UPS. Customers cannot ship them to Puerto Rico, Alaska or Hawaii.
But compared to the gold bars, which have a 4.8-star rating on Costco's website, the silver coin packs have a rating of just 3.4 stars, based on 42 reviews. Many of the reviewers referred to the packaging and shipping of the coins, saying that the boxes were unsealed when they arrived and the coins were spilled. Many reviewers said the coins were scratched as a result.
Business Insider has reached out to Costco for comment on the comments.
Costco sells an eclectic range of goods. In addition to multiple mass packs, the retailer sells a variety of unexpected items to create one treasure hunting experience. It also reserves some higher level items such as expensive jewelry and sumptuous seafood.
And if you want to convince your friends that you really love Costco as much as you say you do, you can get your hands on a variety of Costco brand clothing and even a Monopoly set.