Costco Silver Coins – Here’s What To Know

 

Costco Silver Coins – Everything Investors Need To Know 

After the success of its gold bar program, Costco has expanded its bullion offerings to include silver coins. Like Costco’s gold bars, the new Costco silver coins are available only to Costco members. That’s right – you’ll need to buy a Costco membership before you’re eligible to purchase the wholesale dealer’s current inventory of silver coins. 

At the moment, Costco offers the American Silver Eagle and Canadian Silver Maple for sale, both of which are available in bulk as tubes of twenty. For current Costco members who plan to buy silver in bulk, the relatively low premiums offered by the wholesale retailer could be a good way to add to your stack. But if you’re not currently a Costco member and don’t plan to shop at the store long-term, you could be better served doing business at an established online bullion dealer. 

On this page, we’re walking investors through everything they need to know about Costco’s new silver coin offerings. 

Costco Sells Silver Coins Now – Here Are the Details

Costco stepped into the precious metals market toward the end of 2023, becoming the latest large big box store to add gold to its shelves. Costco’s gold bars immediately sparked a buying craze, and consumers in early 2024 reported seeing the bars sell out almost immediately when listed on Costco’s website. Given both the high interest in buying gold from Costco and skyrocketing gold prices throughout 2024, the product line became one of Costco’s best-selling. 

Now, the store has expanded its precious metals offerings to include gold, silver, and platinum. Costco’s silver coins have become especially popular among stackers who want to take advantage of the wholesale dealer’s selection of bulk American Silver Eagles and Canadian Silver Maples. 

At the moment, Costco limits its bullion sales to paid members only. A yearly membership at Costco starts at $65, so new customers should factor this into the cost of their investment if they plan to buy Costco silver coins. Members are limited to just one silver coin transaction per day with a limit of ten units (200 coins) per transaction. 

Costco Silver Coins – Current Inventory 

Costco currently sells American Silver Eagles and Canadian Silver Maples, both of which are available only to members and exclusively in bundles of 20 coins. In addition to the silver inventory, Costco offers a full line of gold and platinum bars to its members. 

What Silver Coins Does Costco Sell? 

As of March 2025, Costco only offers two silver coins for sale: 

• American Silver Eagles
• Canadian Silver Maples

These are two of the most popular coins in the world, so it makes sense that these would be the first silver bullion coins to make it onto Costco’s shelves would be American Eagles and Canadian Maples. Although it isn’t yet clear whether or not Costco plans to expand its inventory of silver coins, it’s likely the company will eventually do just that. After all, Costco’s gold bars have expanded in variety since first premiering in stores at the end of 2023. 

Does Costco Sell Gold and Platinum?

Costco now sells gold, silver, and platinum. Costco gold bars hit shelves in late 2023, sparking a buying craze as the gold market began to heat up. According to a Wells Fargo report in April 2024, Costco sells somewhere around $100-200 million per month in gold alone. Because of the immense popularity of Costco’s gold bar program, it should come as no surprise that the retail giant eventually turned its attention to other precious metals. 

Now, Costco’s silver offerings include the American Silver Eagle and Canadian Silver Maple, two of the best-selling silver coins in North America. The company sells gold bars minted by South Africa’s Rand Refinery and Switzerland-based PAMP Suisse. Despite the expanded inventory, it is worth noting that Costco’s precious metal offerings are limited compared to leading online bullion dealers. 

Investors may be able to save a bit of money by buying popular gold bars or silver coins at Costco, but they could also be out of luck if they’re looking for harder-to-find products. 

Are Costco Silver Coins Worth Buying?

Are Costco silver coins a good deal? Costco’s size allows the store to offer its Silver Eagles and Maples at relatively low premiums over spot price, but buying metals from Costco may not be the best move for every investor. In addition to the big box store’s relatively limited inventory of precious metal products, buying bullion from Costco is only allowed if you’re a member. Because the cost of membership starts at $65 yearly, investors should consider this when calculating their potential savings if they plan to buy gold, silver, or platinum from Costco. 

Because Costco is not a specialized precious metals dealer, the store also doesn’t offer a few of the key customer service benefits investors will find at an online precious metal shop. For example, Costco has a strict no-refund policy on all precious metal products. Online bullion dealers often offer returns within a given time window, subject to industry-standard market loss policies. 

In other words, Costco might help you save a few bucks on premiums, but the big box store comes with a couple notable downsides compared to dedicated bullion dealers and coin shops. 

Prices For Costco Silver Coins 

Prices for Costco silver coins are only visible to members, but Costco customers report that the company’s prices are often equal to or lower than many leading online bullion dealers. Because Costco only offers 20-coin tubes of their Canadian Silver Maples and American Silver Eagles, expect to pay at least $640 for a twenty-pack of Costco silver coins, given the current spot price of silver. 

Like online bullion dealers, Costco also charges a premium over spot price for silver coins. This premium can vary based on demand, the current spot price of silver, and the company’s available supply of coins. Consumers report that Costco’s premiums are sometimes lower than online dealers’, but the cost of a new Costco membership can drive the total cost of your investment a bit higher. 

Minimum Quantities 

Costco is one of the most well-known wholesale stores in the United States. As such, it shouldn’t be surprising that Costco is unwilling to sell just one silver coin at a time. As of March 2025, Costco’s silver coins are exclusively available in 20-coin tubes, although there is no minimum number of units that buyers are required to purchase at one time. 

In other words, Costco’s silver coins are a poor option for investors who are interested in purchasing less than 20 troy ounces of silver at one time. If your goal is to slowly stack silver instead of making large, bulk purchases, you might be better served working with a specialized online bullion dealer. 

That being said, Costco’s commitment to selling silver coins in bulk can mean big savings for investors with the funds to buy 20 silver coins at one time. Generally, the premium cost of a precious metals purchase decreases as the size of the investment increases. Basically, you’ll pay a lower percentage premium over spot price if you buy 20 Silver Eagles than if you only buy a couple of them. 

Ultimately, it’s up to you to decide whether or not Costco’s bulk-buying approach to silver investing works for you. If you already have a Costco membership and don’t mind buying your coins in batches of twenty, Costco could help you save a bit of money while buying the precious metals you love. 

Costco Membership Costs

We recommend that new precious metals buyers factor the cost of a Costco membership into their value calculus before buying the big box store’s new silver, gold, or platinum products. If you’re already a member or plan to recoup the cost of your membership by shopping at Costco frequently, it may be worthwhile to pay $65 or more per year for a membership. 

However, new investors who plan to pay for a membership exclusively to take advantage of Costco’s silver coins should make sure they add the membership cost to their total yearly investment costs. If $65 is more expensive than the yearly premium difference between Costco and another online bullion dealer, then you may be losing money by opting into Costco’s membership program in order to buy Silver Maples or Silver Eagles from them. 

Are Costco silver coins worth the money? Costco’s new silver coins may be worth the money for current Costco members or people who want to use their membership to save money on groceries and other goods aside from bullion. But for the average consumer, the cost of a new Costco membership could potentially outweigh the savings you’d get on a 20-pack of silver coins. 

Costco Versus Online Silver Coin Dealers

Choosing between Costco and an online bullion dealer for your next silver purchase can be tricky. On one hand, Costco’s new selection of silver coins makes it easy for consumers to save money by buying the coins they love in bulk. However, Costco’s membership requirement, minimum coin packages of 20, and limited inventory may make online dealers a better option for some consumers. 

Let’s take a look at how Costco stacks up to online silver dealers for buying silver coins:

 

Final Thoughts: Are Costco Silver Coins Worth It? 

After the success of its gold bar product launch, Costco has started selling silver coins. Right now, the big box store’s selection is fairly limited; you can buy American Silver Eagles and Canadian Silver Maples from Costco. Additionally, sales are limited to paying members. Still, consumers report that Costco’s premiums for its new silver coins are modest, making Costco a new (and large) competitor in the precious metals market. 

Ultimately, only you can decide which precious metal dealer is right for you. Dealers like Hero Bullion offer competitive prices, extensive inventories of silver coins from around the world, and a customer service experience you won’t find anywhere else. 

You might also be interested in: 

• Costco Gold Bars – Here’s Everything We Know So Far
• Costco Gold Bars Spark Buying Craze
• Costco Sells Gold – But You’ve Gotta Be Quick!