wow look like so many people want the dragon silver

I saw the price in Public Gold.
http://publicgold.com.my/liveprice.html

8% spread???
And why the price so high compare to market price?

I see your point. Dunno why they want to avoid your calls. As long as got buyer who willing to pay, who don't want to sell?
Maybe they should think of better business strategy.

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Added on September 27, 2011, 1:20 pmI though perth mint sold out 1oz dragon. How they going to increase premium?

This post has been edited by getsmart: Sep 27 2011, 01:20 PM

personally i like the design of dragon silver 2012.
i am not a collector, just find the design is very interesting.

8% you're referring to gold.
The right place for gold discussion is here: http://forum.lowyat.net/topic/2013163/+1420

To answer your question, that's their business strategy, low spread but high price. That's to encourage people who are worried about liquidating their gold bars to buy from them, and in future sell back to them at low spread.

This post has been edited by cruzzie73: Sep 27 2011, 01:23 PM

Wow!
Rolls of eagle still selling at so high premiums!

Like $8 over spot! Physical vs paper

http://www.ebay.com/csc/i.html?_nkw=silver...6.c0.m270.l1311

Don't forget, for silver or gold or currency or anything, the spread can change when prices fluctuates.
There is no government price control.
Willing seller, willing buyer.

i mean 2oz, not 1 oz

oh thanks. I tot 8% is high spread. I check Maybank gold is only 4% spread. Anyway, thanks bro.

By the way, if I wanna start invest in Silver, where should I go? I read front page but I'm quite confuse. I saw someone referring to dragon silver. Where to buy that?

The Perth mint cannot put high premiums over the dragons as they are considered bullions.

The high premiums are only found in the limited proofs and collectibles

Just got a quite interesting fact from a buyer of mine.
He claimed that the salesperson at Habib showed him a picture of PAMP silver dragon design 1 troy oz.
Anyone can get it?
I googled it up just now, no such result. =S

the 2oz i bought is USD18 premium over the spot rate. The dealer said it was because perth mint increased the premium. but perthmintbullion still sell at same premium.
Not only one dealer said so.

You are in the right place actually. If you can read from page 60 onwards, you should get a pretty much clear picture on silver investment in malaysia.
Some of the forumers here also sells/trade their silver.
SGSKY is selling his 2oz dragon, but is in 5 pieces pack. Dunno whether the offer is still valid or not.

Do you mean for the 2 oz you are paying USD18 over spot or over 2 ozs, ie USD9 over spot?

i think the mint is shwoing USD9 over spot...

still thats pretty high for a bullion.............

http://www.perthmintbullion.com/Buy-Silver-Coins.aspx

This post has been edited by prophetjul: Sep 27 2011, 02:03 PM

Thanks bro!!! You give a very good info

when i first saw the 2oz dragon, the premium was around usd 4-5 per oz.
now is usd 9 per oz, usd 18 for 2oz loh.

kook or koala only USD4-5 only.

that's why i said perth mint might increase the premium of dragon if they can't meet the demand.

This post has been edited by SGKSY: Sep 27 2011, 02:32 PM

Thing is they dont state whether its koala or draagon.
They just state the price of silver bullion.

if you have bought it before, then you know

Prices of 1 oz slowly coming down on ebay

Hi,

I have always been a lurker here.

just got back from the dealer I usually buy from.... asked him why close shop, he replied that his stock finished last Friday, the problem is he can't make any orders from his usual suppliers overseas. Rather than hold other people's cash, he decided to lie low until he can get a confirm delivery from them.