Silver Rises Over 120% YTD 
From Kirkland 1 oz bars to 100 oz bars and Silver Eagles: what your Costco silver is worth and where to sell it, since Costco doesn’t buy it back.
- Costco silver is worth its weight in ounces multiplied by the spot price: about $58 an ounce on October 20, 2026.
- Silver carries a bigger markup than gold, so it needs a bigger price rise to break even.
- Costco won’t buy it back. GoldSilver will: get a free estimate before you ship, or vault it for 0.06% of total value per month ($4 minimum).
Own Costco gold or silver? Start with the hub: what yours is worth, and how to sell it. Costco Gold Hub →
Costco began selling silver in early 2024, a few months after it began selling gold bars.
Silver price per ounce on October 20, 2026
Spot price
Price silver traded at in January 2026
Bitcoin.com News
What is your Costco silver worth?
Silver is valued by weight: ounces multiplied by the spot price, about $58 an ounce on October 20, 2026.
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What common Costco silver purchases hold, at $58 an ounce
Spot value only, before dealer bid or premium. Bar lengths scaled for readability across sizes; dollar values are exact. Silver spot: $58/oz, October 20, 2026.
You’re paid a bid against spot price: around spot for Silver Eagles and Maple Leafs, a little under for generic bars. Some shops can bid far lower; in January 2026, shops surveyed bid 8–18% under spot. GoldSilver bids your silver out to competing dealers, so your estimate reflects the highest price being offered among those dealers.
Sell your silver
Free estimate first, competing dealer bids, paid by check or wire. Get an estimate
Not ready? Vault it
Silver is bulky. Mail it to us from anywhere; it’s held in your name, fully insured, for 0.06% of total value per month ($4 minimum). Vault storage
Sell your Costco gold too
Own Costco gold bars or coins as well? One estimate covers everything. Costco gold: what yours is worth and how to sell
Storing and insuring Costco gold and silver →
How to sell Costco silver to GoldSilver
Costco doesn’t buy silver back, and its bullion is non-refundable. We buy Silver Eagles, Maple Leafs and silver bars from Costco or anywhere else:
Coins in tubes, bars in packaging.
Online or at (888) 491-7087. We bid your silver out to competing dealers before you ship.
We send a prepaid, fully insured label. A 100 oz bar weighs over 6 pounds.
We authenticate it on arrival and pay by check or wire.
Get a free estimate before you ship, then cash out or vault it.
Get an estimate Or call (888) 491-7087
Is this a good time to sell?
Silver carries a bigger markup than gold. Costco’s has been competitive: about 10.5% over spot on Maple Leafs in February 2024, about 7% on the Kirkland 5-pack in mid-2026. If you bought near January 2026’s $100+ high, it’s currently worth well below what you paid. A free estimate shows exactly where you stand, with no obligation to sell.
Taxes when you sell
For federal tax purposes, silver bullion and coins are collectibles. Gains on silver held over a year are taxed at your ordinary rate, up to 28%; held a year or less, gains are taxed as ordinary income (IRS Topic 409; IRC §1(h)(5); The Tax Adviser).
A loss can offset gains, up to $3,000 a year of ordinary income (IRS Topic 409). State tax, and the 3.8% net investment income tax for higher earners, may also apply.
Dealers don’t report Silver Eagle sales on Form 1099-B (Greysheet). Large bar sales can be reportable: one dealer guide puts the line at 1,000 oz of bars, and other sources describe it differently (dealer guide; CoinWeek). You owe tax on a gain either way.
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People frequently ask
Does Costco buy back silver?
No, but GoldSilver buys Costco silver bars and coins, with a free estimate before you ship.
Where can I store Costco silver?
GoldSilver’s vaults store it fully insured and allocated in your name for 0.06% of total value per month, $4 minimum.
Is Costco’s Kirkland silver bar real silver?
Yes. Costco lists it as .9999 fine silver.
Can I sell Costco silver and gold together?
Yes. GoldSilver buys silver and gold bought from Costco or anywhere else, with one estimate for everything.
SOURCES
1. Costco.com — 1 oz Kirkland Signature Silver Bar 5-pack (checked October 20, 2026)
2. Costco.com — 10 oz Silver Bar PAMP Lady of Liberty (checked October 20, 2026)
3. Costco.com — 10 oz Mount Rushmore antiqued silver bar (checked October 20, 2026)
4. Costco.com — 1 oz PAMP Lady Fortuna silver bar, 25-count (checked October 20, 2026)
5. Costco.com — 100 oz ABC Bullion silver cast bar (checked October 20, 2026)
6. CostcoGuides — Costco Silver Bars (updated October 10, 2026)
7. Hero Bullion — Costco silver coins guide
8. Slickdeals — 2024 1 oz Canada Maple Leaf silver coin, 25 count, $609.99 (February 13, 2024)
9. FindBullionPrices — Silver Eagles vs generic rounds
10. Bitcoin.com News — Silver breaks $100 but selling physical metal isn’t as simple as it sounds (January 24, 2026)
11. Kitco — silver price chart (October 20, 2026)
12. Fox Business — Costco gold and silver sales seem to have grown considerably: Wells Fargo (April 10, 2024)
13. IRS — Topic 409: Capital gains and losses
14. The Tax Adviser — Taxation of collectibles (November 1, 2019)
15. Slickdeals — earlier Costco silver listings (February 23, 2024)
16. FindBullionPrices — All of the available Costco gold bars and gold and silver coins (accessed October 2026)
17. Cornell LII — 26 U.S.C. §1(h)(5)
18. CoinWeek — Precious metals reporting requirements in 2026 (February 27, 2026)
19. Greysheet — When are 1099s required for coin sales? (December 11, 2025)
20. APMEX — Can I sell silver without reporting?
21. GoldSilver — Vault Storage
GoldSilver is not affiliated with Costco Wholesale. General information, not investment, tax or legal advice. Prices and Costco’s products and terms change; check live prices and the current listing before you buy or sell.
Free estimate before you ship. Bars and coins, from Costco or anywhere else.
