Costco is selling gold bars, and they're selling out within hours
CBSN
Costco is known for selling daily necessities in big packages, from toilet paper to coffee. But now it's edging into a category also viewed as a essential by some investors and survivalists: gold.
The discount retailer said this week that it has started selling 1-ounce bars of gold, but that demand is so strong that it can't keep them in stock even with a limit of two bars per member. The company is selling two types of bars: a 1-ounce gold PAMP Suisse Lady Fortuna Veriscan bar, which bears the imprint of a silhouette of the goddess of fortune with a cornucopia, and a 1-ounce bar from South Africa's Rand Refinery, stamped with an elephant design.
Both bars are about half an inch long. The PAMP Suisse bar is registered and comes with a digital certificate that can be accessed with a QR code, while the Rand bars come with their own serial numbers.
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