Anyone from JB ? would like to sell some of my silver holdings with COD, but hardly find in JB area leh.

I want to sell my 4 tubes of ASE, but hard to sell at malaysia market price, cos we too close to Singapore. the price is much cheaper in Singapore. haiz.....

I am willing to sell my 4 tubes at the average cost of shipping 100oz to Malaysia from US + 15% tax but without adding the profit margin. let say spot rate now is 42usd, i am willing to sell at RM162 per oz if buy all. but COD in JB only.

99% in this group is Malay. seems that they only trade with Malay? Do we have a chinese silver group?

I want to sell 1 tube of ASE at RM3200.

have 50 pcs of 2oz lunar dragon open for sale. I am not sure what is the current market rate. If interested, please PM me your offer price. If too low and no profit to sell it, I reserve the rights to refuse the offer.

COD at JB only. Thank you.

where got lucky? Silver in Jb is not as popular in KL. I got stock, but nobody shows the interest. hard to sell silver in JB leh! selling ASE at 5% discount to the KL price, also no ppl wants.

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Added on September 7, 2011, 10:46 pm2012

This post has been edited by SGKSY: Sep 7 2011, 10:46 PM

ya, perth mint. got it on monday, but now in safety deposit bank in bank.

I got 100 pcs, but guess that the price will be not that high when perth mint resume the production of 2oz. so thinking to let go half now and buy back later. If the offer price not so attractive , i will keep it like ASE to hold for future.

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Added on September 7, 2011, 11:03 pmno, i am not. i dont have any website.

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Added on September 7, 2011, 11:04 pmdealer

This post has been edited by SGKSY: Sep 7 2011, 11:04 PM

let me think about the price tmr.

At current high demand, i dont think the spot rate affect the dragon coins so much. The 1oz one is selling at more than RM 300 per piece at ebay and the price of 2oz is also increasing accordingly. The mint has stopped the pre-order and don't know when it will resume the pre-order. even it resumes, they will focus on 1/2 oz. Perhaps, the mint may resume the pre-order soon but the spot rate will likely to increase in sept onwards, who knows ? As i mentioned in previous post, i no hurry to sell. if nobody offers, i can keep it for long term.



i prefer to use the private courier, like citylink. but heard many loss cases recently. i don't want to take any risk, if buyer requests and willing to take risk , i dont mind to offer postal delivery.

Ya, rm300 is a bit crazy, but it is worth for those want to collect the whole set of series 2. I dont see the reason that will make the price drop unless the spot rate drop the 30usd or 20USD. The potential of going higher is huge.

Ya, 2oz is unlimited, but considered high premium demanded by perth mint (USD18 or 9 per oz), even higher than the chinese silver panda. If chinese silver can be sold at rm 190-195 per oz at current spot rate in Malaysia, i think RM400 for 2oz perth mint lunar dragon is a fair price. If someone selling at 355, i will say he is too desperate to sell it.

the year 2012 1oz proof coins is selling at more than RM300 by the mint. The year 2000 one will only be higher. Last time, not too long ago, the year 2000 1oz (bullion coin) was sold at USD16X at ebay.

hope you are able to get these 2 item. be prepared to pay double or triple of original price. haha.

air title only. the ebay "BIDDING" price now is usd151.5

http://www.ebay.com.au/itm/2012-LUNAR-II-S...#ht_1727wt_1139

the 1oz one is more crazy , selling at aud479

http://www.ebay.com.au/itm/2012-10oz-lunar...6#ht_936wt_1139

triple ? you are too conservative. congratulations ! the 1oz is selling at 479aud. your one is proof coin, USD1000 also not problem lah, just to wait.

hope us earn big big.

hope they stop the production FOREVER, though it is unlikely, haha.

released already, but sold out liao. the ebay price now is around AUD 150-190. The price will be lower when more ppl sell their coin. but in the long run, i believe the price will be much higher.

the current spot is 41.6. so if we "could" order it now from PM, the cost will be (41.6*2+18)*3*1.15( tax) + around average rm 5 shipping cost. the cost to order from PM is around RM355

So the reasonable price is 355 plus 10% profit margin = RM 390.

If i just want to buy one or two pcs, rm400 is the max amount i am willing to pay.

for those pre-order earlier before the mint increase the premium and get at the price of rm355, i would say you are very lucky. haha.

but i very greedy lah, just now, got ppl offer to buy all my 2oz for 355, i rejected lah. i counter offer RM500 , I am crazy .haha..............

but i think the price will drop after the mint resume production of 2oz. but the premium of USD18 is not likely to be lowered as it is not fair to those who buy it earlier.

ya lah, no need to rush to buy or sell. I am not coin dealers. Actually, i prefer to keep all my 100 pcs for long term. If i sell at low price, i may not able to buy back at lower price or same price as we don't know when the production will resume and the spot rate at that moment. Q4 is the peak period for silver and gold. If ppl offers me crazy prize, i dont mind to sell.

For those who are not intend to collect a whole lunar series, buy 1/2 oz enough liao lah. I, personally, also think that the premium is too high for both size of dragon coins.

got ppl offer to buy a 2oz at rm300 from me and ask for discount... am i looked like charity organization ?

i don't think the high price can maintain forever.

The 1oz is sold out in Australia, but we haven't seen the large distributors in US and Europe selling it. Some more, i still see some countries still accepting to pre-order 1oz silver and the estimated shipping date is mid of Nov.

Is it a hype? expect to see the price of 1oz drop to USD60-65 per oz when US and Europe start selling the 1oz coin.

I don't believe all the coins has been sold out. It had been allocated to the disrtibutor. 1oz Rabbit took 6 months to be sold out. 1oz dragon 1 day only ? Is it possible that the large distributor are holding 1oz stock together and want to make ppl rush to buy other sizes, like 1/2 oz, 2oz, 5 oz and etc? That's why we saw that the perth mint has suspended the pre-order of 1/2 oz, 2oz and 5 oz

Above is just my thought, your opinion ?

Ya, 1oz is limited. However, it is curious that 80-90% of mintage are allocated to overseas, but so far, we do not sell any large distributor selling 1oz silver. Even want to pre-order also not allowed.

But i saw an online dealer website in Taiwan issued an announcement today saying that the release date and price of 1oz haven't confirmed by European and US distributors. Once it is finalised, they will make announcement. That means, European and US distributors has not really started selling 1oz?

You can search ebay and find that there are only 2 places selling 1oz silver, Germany and Australia. Other places still not available ? Anyone can explain? Even US also hasn't released yet.

There is only possible reason, European and US distributors are holding stock. Anyone agrees with me ?

Do you think it is possible? Today is the 8th of Sept. They could ship before the release date.

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Added on September 8, 2011, 11:24 pmI also don't think it is possible. Perth Mint allocated the quota based on the sale statistic of past 4 years series 2 coins. They didn't accept the offer of any parties to buy all mintage. China does issue their own dragon coins, they do no need to buy Perth Mint. For most of the chinese in China, they only buy china issued coins , cos only china issued coin will increase more value over time. For example , 2000 ase can be found at ebay for less than $100 dollar. 2000 silver panda costs you USD2k AND MORE.

Silver coins issued by countries other than china, after 20 years , it is just slightly over the spot.
But silver coins issued by china , after 20 years, it might be double , triple of the spot rate. This is the difference.



This post has been edited by SGKSY: Sep 8 2011, 11:24 PM