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 how to invest silver in malaysia

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shadowxe957
post Jul 25 2011, 02:48 PM

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QUOTE(nond @ Jul 25 2011, 02:33 PM)
Nobody collect Silver Britannia ? Although the premium is very high but the mintage are limited and controlled and the design is superb ^.^
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For info only:
In my opinion, if you want to invest in silver bars/coins, always buy 99.9% or 99.99%. if you r collectors, then it's a good hobby.


Added on July 25, 2011, 2:50 pmDear all my friends,
Who got 2009 Silver Panda? I want to buy one.
Please leave your phone no. so that i can contact you.

This post has been edited by shadowxe957: Jul 25 2011, 02:50 PM
nond
post Jul 25 2011, 03:07 PM

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QUOTE(shadowxe957 @ Jul 25 2011, 02:48 PM)
For info only:
In my opinion, if you want to invest in silver bars/coins, always buy 99.9% or 99.99%.  if you r collectors, then it's a good hobby.


Added on July 25, 2011, 2:50 pmDear all my friends,
Who got 2009 Silver Panda? I want to buy one.
Please leave your phone no. so that i can contact you.
*
Agree. Last time my intention was for survival (getting more silver with less money) but felt that silver appreciation is much slower than coin with numismatic value. Therefore I started sellout my other coins and collect britannia(even this kind of bullion not really considered as numismatic coin). smile.gif
beginner2011
post Jul 25 2011, 04:23 PM

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QUOTE(shadowxe957 @ Jul 25 2011, 02:48 PM)
For info only:
In my opinion, if you want to invest in silver bars/coins, always buy 99.9% or 99.99%.  if you r collectors, then it's a good hobby.
Collectors items do have its potential as well. For famous collectors items like Britannia, Royal Australian Mint Kangaroo ... etc might fetch higher value than other cause of the mintage smile.gif

Just my two cents
3think
post Jul 25 2011, 04:37 PM

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QUOTE(alin14 @ Jul 25 2011, 09:24 AM)
Sorry lah, been quite busy lately so couldn't find the time to post these pictures .. they came with pretty boxes.. VERY NICE!

[attachmentid=2348981][attachmentid=2348982]


Added on July 25, 2011, 9:25 am
sorry .. i didn't want to open the box to close up on the coins ... SAYAAAANG NAK BUKAK .. don't want to spoil the pretty box  biggrin.gif
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I wonder how much you expecting to sell this? -or you have no intention to sell at all? smile.gif
yacanni
post Jul 25 2011, 05:13 PM

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anybody know what happen to http://www.silversaver.com.my/ ?
zajun80
post Jul 25 2011, 05:57 PM

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From: SerdangSometimesMalacca


QUOTE(yacanni @ Jul 25 2011, 05:13 PM)
anybody know what happen to http://www.silversaver.com.my/ ?
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down for maintenance...
will come back later biggrin.gif
benedict1213
post Jul 25 2011, 07:47 PM

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any people wanna let go the silver bar or coin, please contact or PM me with price. tq. tongue.gif
shadowxe957
post Jul 25 2011, 08:02 PM

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Hi everyone,
I got a big question right now. and i just discovered today!
Do u all experience your Maple leaf silver coin's surface become light yellow color? don't know why my maple leaf be like tht. but only one surface.
benedict1213
post Jul 25 2011, 09:08 PM

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QUOTE(shadowxe957 @ Jul 25 2011, 09:02 PM)
Hi everyone,
I got a big question right now. and i just discovered today!
Do u all experience your Maple leaf silver coin's surface become light yellow color? don't know why my maple leaf be like tht. but only one surface.
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do you put your maple leaf expose to the air or touch it without well protection?
SasukeKai
post Jul 25 2011, 09:31 PM

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Hi,
how do you get the dealership for silver?do you need a license for it?where to get the supply for silver and etc?
silver dentist
post Jul 25 2011, 09:35 PM

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QUOTE(shadowxe957 @ Jul 25 2011, 08:02 PM)
Hi everyone,
I got a big question right now. and i just discovered today!
Do u all experience your Maple leaf silver coin's surface become light yellow color? don't know why my maple leaf be like tht. but only one surface.
*
Did you put the maple leaf near by any gold, jewellery or gold coin?
yacanni
post Jul 25 2011, 10:37 PM

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QUOTE(zajun80 @ Jul 25 2011, 05:57 PM)
down for maintenance...
will come back later  biggrin.gif
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around 1 week liao
lustman
post Jul 25 2011, 10:46 PM

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QUOTE(SasukeKai @ Jul 25 2011, 09:31 PM)
Hi,
how do you get the dealership for silver?do you need a license for it?where to get the supply for silver and etc?
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if you have the dough, then you can become a dealer yourself, no need license, can operate from home.

shadowxe957
post Jul 26 2011, 07:20 AM

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QUOTE(benedict1213 @ Jul 25 2011, 09:08 PM)
do you put your maple leaf expose to the air or touch it without well protection?
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I put it in Air-tite. whenever I open it, i'll wash my hand. but i never touch its surface. how come suddenly got yellow color

coo|dude
post Jul 26 2011, 07:59 AM

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QUOTE(lustman @ Jul 25 2011, 10:46 PM)
if you have the dough, then you can become a dealer yourself, no need license, can operate from home.
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Hi lustman, even if you have the dough, you need also the lobang. Do you mind to share where can someone buy silver coins in bulk at a good price (I presume as close to the spot price as possible). I am not sure whether it's really feasible to buy from Malaysia dealers as their prices are usually already marked up 30-50% from the spot price. Reselling from those prices are definitely not worth it (unless perhaps you hold them for another 2-3 years before selling). Do share your experience, lustman.
SasukeKai
post Jul 26 2011, 10:28 AM

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cool dude - i actually sell some, but the mintage is pretty limited.perhaps you can pm me what mintage and how many oz you want and i can give you a quote.

This post has been edited by SasukeKai: Jul 26 2011, 10:38 AM
lustman
post Jul 26 2011, 11:08 AM

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QUOTE(coo|dude @ Jul 26 2011, 07:59 AM)
Hi lustman, even if you have the dough, you need also the lobang. Do you mind to share where can someone buy silver coins in bulk at a good price (I presume as close to the spot price as possible). I am not sure whether it's really feasible to buy from Malaysia dealers as their prices are usually already marked up 30-50% from the spot price. Reselling from those prices are definitely not worth it (unless perhaps you hold them for another 2-3 years before selling). Do share your experience, lustman.
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first of all i'm no agent/dealer. i buy for long term (many reasons).

before start any business one should first identify the objective/purpose of the business, in this case, a silver dealer.

second, must always remember, the margin for selling gold and silver is very low 1%-2%, e.g. $5000 = $50 profit. you may not see the profit bcos you need to buy back at higher price when replenish your stock. this is where many dealers stuck when the spot was almost $50.

if you accept this then you can consider.

malaysia dealers selling high bcos the price covers shipping and tax but still can sell back to the public. i think it's feasible for coins. if bars i heard now many people are bringing in bars bcos it's tax-free. honestly i don't "play" with bars unless it's for personal collection (again many reasons).

some people selling silver just for fun - seliing loose unless it's 10oz per piece and above. some serious by selling in tubes and this is what you should do.

i was told by someone before become a dealer collect your first 100oz and that's what i'm doing right now. when i'm done i may consider but off course have to see how much dough i have doh.gif

you can also check with some local gold and silver companies (without naming names) that offering so-called entreprenuers to participate with them. to me (personal opinion) they're all very BIG B.S. whistling.gif

anyways i've shared a few small dealers (check earlier posts) if you want to buy. get them in tubes bcos it's cheaper (per piece) like eagles, maples and philis.

maybe you can also buy those odd ones (expensive) for collection like panda, koala, kookabura, etc

remember here i'm talking abt silver coins and have no idea abt bars

last but not least goldchan can give a clearer picture of becoming a reseller as he's been doing this for a few years now. read his blog http://silvermalaysia.blogspot.com






coo|dude
post Jul 26 2011, 11:47 AM

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I salute you, lustman. Thanks for sharing!
lustman
post Jul 26 2011, 01:48 PM

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QUOTE(coo|dude @ Jul 26 2011, 11:47 AM)
I salute you, lustman. Thanks for sharing!
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your welcome cool2.gif

beginner2011
post Jul 26 2011, 02:25 PM

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Will silver stay above USD 40 after 2nd Aug? Or it will slide back to USD32? What's your guess ?

Just wondering tongue.gif

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