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 Buying Gold As Investment V2, 2011 Gold Rush From Oil Hype

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SilverfoX
post May 5 2011, 11:54 AM

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Do you guys know if anyone is selling American eagle/ buffalo bullion coins in Malaysia?

Thanks.
SilverfoX
post May 10 2011, 04:55 PM

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QUOTE(ahmadtarmizi88 @ May 5 2011, 12:39 PM)
i try help u, wait ya
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Hehe. Thanks.
I bought an american buffalo bullion gold coin (1oz) directly from US mint for about RM5300.00.
Did I pay too much? Are there any difference between the different gold coins produced by different country?

In terms of resale value, do you think they will be sold at the same price based on the market gold price only regardless where its made?
If thats the case then buying kijang emas would probably be a wiser choice eh.

What do you people think?


SilverfoX
post May 11 2011, 06:07 PM

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QUOTE(prophetjul @ May 11 2011, 11:41 AM)
RM5300 sounds quite pricey. Thats about $1766.
You could easily get a slabbed MS69 for that price

or even a proof coin

http://completed.shop.ebay.com/i.html?_nkw...6.c0.m270.l1313


Added on May 11, 2011, 11:57 amSilverfox:
You mentioned you bought from U.S mint.
Didnt know they ship to malaysia?

https://answers.usmint.gov/app/answers/detail/a_id/109
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Oh, I'm currently based in Australia. So got them to ship it all the way to down under.

Sorry for being a noob. But whats a slabbed coin?
The one I bought is a 1 oz gold proof coin, came with a beautifully carved maple box etc.
I think I've probably paid too much for this. Hmm.....


Added on May 11, 2011, 6:11 pm
QUOTE(GoldChan @ May 11 2011, 09:44 AM)
generally people are investor thus they will not pay more than UOB or Kijang emas price.
Nevertheless, there will be some collector or big buyer who may 1 2 have other type of gold.
Thus they will buy lah but only 1-2 pcs per coin. for their collection.
maybe 1 each eagle, buffalo, lunar, phil, krug. U just need to find them lah.


Added on May 11, 2011, 9:48 am

well, is it a slabbed coin or just a BU coin.?

buffalo has the highest premium among all the gold coin. Slabbed one even more.
For me I will prefered just a slabbed MS-69 coin will do. cause there are also some copy gold buffalo coin.  U need to weight them properly,
cause it 's easier to sell later on, as slabbed coin must be real.
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Yeap points noted. I'm not a collector, just thought buying some gold to diversify my portfolio.
Perhaps one day they can be used as hedge against crisis.

I should probably buy some kijang emas then, since they are cheaper and seems like the value is not much of a difference.
They are all gold. smile.gif

This post has been edited by SilverfoX: May 11 2011, 06:11 PM

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