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 how to invest silver in malaysia

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merlip
post Mar 12 2011, 01:32 PM

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http://merlip.lot.my
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This post has been edited by merlip: Mar 13 2011, 06:07 AM
merlip
post May 17 2011, 09:13 PM

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browse the various sources to buy gold & silver coins
merlip
post May 18 2011, 12:13 PM

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QUOTE(silverfreak @ May 18 2011, 11:11 AM)
This is a good site, thanks for sharing. I check out merlip-merlip and seems like the price is a bit high for silver.

any idea where to get cheaper silver in malaysia?
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for low quantity order ..loose coins/bars:
http://www.clickgold2u.com/silver
http://www.silverkini.com/
http://silveray.lot.my/

This post has been edited by merlip: May 18 2011, 12:17 PM
merlip
post May 18 2011, 12:22 PM

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QUOTE(farisaiman @ May 18 2011, 12:16 PM)
merlip is one of the cheapest place i found for certain item kan ajark? hehe
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merlip
post May 20 2011, 04:08 AM

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Dear Member

Auruma International is consolidating its operational functions to better serve customers globally. The collection centre in Kuala Lumpur will be moved overseas to accommodate the rising volume.

In the meantime, we encourage you to take advantage to save on your shipping fees when you select to collect your precious metal from our distribution centre in Kuala Lumpur before May 31st, 2011.

Please do not hesitate to contact us at enquiries@aurumainternational.com for further information.

Best Regards
AURUMA International



Dear Member

Please be informed that the collection of orders from our distribution centre in Kuala Lumpur will cease on May 31st, 2011.

All purchases from Auruma International will be delivered to your doorstep via our worldwide delivery option. Alternatively, you can opt to store your precious metals at the secured storage under the bonded warehouse scheme in Singapore.

Please do not hesitate to contact us at enquiries@aurumainternational.com if you need any further information.

Best Regards
AURUMA International

merlip
post May 23 2011, 02:26 AM

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A Must Know Before Buying Silver

http://www.thepreciousmetal.com/knowledge.html
http://www.silverbullionbars.org/
http://www.cashforgoldinsider.com/silver-bullion-bars/
merlip
post May 30 2011, 02:43 PM

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QUOTE(prophetjul @ May 30 2011, 12:03 PM)
No.

Any silver.....in fact bars will defo be taxed.
Coins can be coined as medals and escape tax........

try 'silver'

http://tariff.customs.gov.my/
ahhhhhhhhh......looks like they have removed them duties from silver     thumbup.gif

That explains why they dont tax me anymore!   rclxms.gif


Added on May 30, 2011, 12:06 pmOnly means them silver traders are making BIG bucks selling 20 to 25% over spot!
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Try 'coin'

Tariff code:-

7118100000
- Coin (other than gold coin), not being legal tender Import Tax 5% Sales Tax 10%


http://forum.lowyat.net/index.php?showtopi...post&p=42574830


This post has been edited by merlip: May 30 2011, 02:59 PM
merlip
post May 31 2011, 06:03 PM

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QUOTE(evilspeculator @ May 31 2011, 05:58 PM)
wow virgin~ i am buying virgin silver Pandas tongue.gif jz kidding
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http://wiki.answers.com/Q/What_does_silver_uncirculated_mean

Silver is simply the coin's primary metal.

"Uncirculated" means that the coin has never been spent in commerce. It can either have come from a mint bag of new coins, from a roll of new coins at a bank, or from a set specially packaged and sold by the Mint.


http://coins.about.com/od/coinsglossary/g/...oin_defined.htm

Brilliant Uncirculated.

Definition: A BU coin is a coin that has never been circulated, and retains all of its original mint luster. BU stands for Brilliant Uncirculated. This term is used less frequently now that the Sheldon scale of numerical grading has come into vogue. A BU coin is usually described as MS (Mint State) today, and generally falls into the lowest MS grades (MS-60 through MS-62.) Higher MS grades are designated as "Choice BU" (MS-63 and MS-64) and "Gem BU" (MS-65 plus).


merlip
post Jun 26 2011, 11:22 PM

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QUOTE(smokymcpot @ Jun 25 2011, 08:29 PM)
Anyone know where to sell silver bars? I have 3 x 1oz. of sunshine silver bars. Anyone?
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Pm me your price smile.gif
merlip
post Jun 30 2011, 09:17 PM

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1oz Chinese Panda - RM163
merlip
post Aug 1 2011, 09:00 AM

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QUOTE(spikyz @ Aug 1 2011, 07:28 AM)

Btw i found out that coin seller in Malaysia usually up around 40% from spot price. For example, during time i bought silver coin, the spot price is 40usd=120MYR, and the seller are selling maple around 168MYR which is exactly 40% above spot price. Okay i know that custom tax is 15%, but where does 25% comes from? the mintage and transportation cost? could someone share info how the breakdown is? anyway 25% seems okay actually..haha but im just curious to see how the calculations are.

and 1 more question regarding perth mint.
1. If we buy more than 300AUD, the postage will be free? and how much they selling the normal silver coin (let say maple or phil) above spot price? is it worth it to get it from them? is it cheaper than buying from them rather locally?
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buying silver at spot price is not at all easy to do..
it takes a good sort around to find silver bullion with a low premium..

silver coins generally have even higher mark ups than bars and
although they may be good for the numismatic coin enthusiast..

tax, shipping, insurance and storage/operating costs to consider..
these sellers charge a commission for the work they do .... oops.gif
all these add to the costs of buying silver coins doh.gif

Unless your into silver for the very long term
it is better to buy locally..
icon_rolleyes.gif

merlip
post Sep 9 2011, 07:00 AM

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This post has been edited by merlip: Sep 9 2011, 07:02 AM

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