may i know the price of these coins in msia? thanks
1oz canadian.maple
1oz american eagle
1oz australian.koala
rough estimation price in msia? thanks...
might consider getting pamp bars as well.
Silver as investment V2, Don't cry, buy now.
Silver as investment V2, Don't cry, buy now.
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Oct 4 2011, 10:44 AM
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Senior Member
4,538 posts Joined: Oct 2006 From: Singapore |
may i know the price of these coins in msia? thanks
1oz canadian.maple 1oz american eagle 1oz australian.koala rough estimation price in msia? thanks... might consider getting pamp bars as well. |
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Oct 4 2011, 10:44 AM
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174 posts Joined: Aug 2011 |
That's the problem with copper, not only shipping is high, everything else (premium, wire, spread) is also high (in terms of % to the value of the copper bar). Also, with the same money to buy say, 100oz of silver, you better have enough space to store these copper in bulk.
This post has been edited by cruzzie73: Oct 4 2011, 10:56 AM |
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Oct 4 2011, 10:45 AM
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92 posts Joined: Sep 2011 |
QUOTE(SGKSY @ Oct 4 2011, 10:43 AM) don' think easy to make return from storing copper bar. The premium of bar is more than 50% of spot rate. i bought this because it is cheap and never think of any high return. Cost me almost RM100 for 1kg copper bar include shipping. I bought it so that my room can fill with the god's currency which is gold, silver and copper Added on October 4, 2011, 10:46 am QUOTE(SGKSY @ Oct 4 2011, 10:44 AM) what is provident metal?This post has been edited by kakiayam: Oct 4 2011, 10:46 AM |
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Oct 4 2011, 10:49 AM
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209 posts Joined: Sep 2011 |
QUOTE(kakiayam @ Oct 4 2011, 10:45 AM) i bought this because it is cheap and never think of any high return. Cost me almost RM100 for 1kg copper bar include shipping. I bought it so that my room can fill with the god's currency which is gold, silver and copper providentmetal is a online coin dealer like apmex or gainesville coin. i am curious where you bought it from .Added on October 4, 2011, 10:46 am what is provident metal? |
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Oct 4 2011, 10:49 AM
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Senior Member
1,505 posts Joined: Dec 2006 From: Subang Jaya, Selangor |
QUOTE(JonYeap @ Oct 4 2011, 10:44 AM) may i know the price of these coins in msia? thanks now coins are around rm150. koala is a bit higher i think.1oz canadian.maple 1oz american eagle 1oz australian.koala rough estimation price in msia? thanks... might consider getting pamp bars as well. well, u can browse through some of the dealers website. some of them update the price quite frequently. please refer to the first page. |
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Oct 4 2011, 10:49 AM
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92 posts Joined: Sep 2011 |
back to silver, my supplier told me that he got a new stock arriving soon and the price of the silver is RM150/oz, its the grizzly bear silver. Is this price worth to buy?
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Oct 4 2011, 10:53 AM
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209 posts Joined: Sep 2011 |
QUOTE(kakiayam @ Oct 4 2011, 10:49 AM) back to silver, my supplier told me that he got a new stock arriving soon and the price of the silver is RM150/oz, its the grizzly bear silver. Is this price worth to buy? it is always depend how much you want to buy. if buy more, then buy from us directly, if just buy 1 or 2 pcs, then buy from your supplier loh. |
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Oct 4 2011, 10:55 AM
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174 posts Joined: Aug 2011 |
For Malaysian market, i think 150 is a good price.
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Oct 4 2011, 10:57 AM
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1,505 posts Joined: Dec 2006 From: Subang Jaya, Selangor |
QUOTE(kakiayam @ Oct 4 2011, 10:49 AM) back to silver, my supplier told me that he got a new stock arriving soon and the price of the silver is RM150/oz, its the grizzly bear silver. Is this price worth to buy? rm150 for grizzly is considered cheap. it is part of canadian wildlife series with limited mintage of 1 million pieces only.i personally have 2 wolves, 2 grizzly and now waiting for 2 cougars to arrive. for collection purpose. |
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Oct 4 2011, 11:10 AM
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209 posts Joined: Sep 2011 |
1oz pamp dragon bar avaiable for pre-order again
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Oct 4 2011, 11:17 AM
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1,505 posts Joined: Dec 2006 From: Subang Jaya, Selangor |
QUOTE(SGKSY @ Oct 4 2011, 11:10 AM) $4,985.40 for 101 pieces including fedex shipping.it will translate to around rm160 per bar, not including tax. if tax is imposed at 15%, it'll be around rm184. then price for resale market here will be at least rm200? considering this is the price while spot rate is still at usd30/oz, what will be the price if the spot rate is back at usd40/oz? This post has been edited by Nidz: Oct 4 2011, 11:18 AM |
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Oct 4 2011, 11:18 AM
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4,538 posts Joined: Oct 2006 From: Singapore |
QUOTE(Nidz @ Oct 4 2011, 10:49 AM) now coins are around rm150. koala is a bit higher i think. like that i get from sg better. it is cheaper if converted. with gst... if i buy from the shop with gst. then can i bring over to msia and keep?well, u can browse through some of the dealers website. some of them update the price quite frequently. please refer to the first page. |
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Oct 4 2011, 11:19 AM
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93 posts Joined: Dec 2010 |
Need advice. Do you think it is worth paying about 350 for proof silver 1 oz dragon (I believe it comes in a red box) but even if it does, is it worth it?
Thanks. |
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Oct 4 2011, 11:19 AM
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311 posts Joined: Mar 2005 From: Kuala Lumpur |
QUOTE(Nidz @ Oct 4 2011, 11:17 AM) $4,985.40 for 101 pieces including fedex shipping. Argue with the customs that it is not a coin, you might get lucky and don't have to pay the 15%.it will translate to around rm160 per bar, not including tax. if tax is imposed at 15%, it'll be around rm184. then price for resale market here will be at least rm200? considering this is the price while spot rate is still at usd30/oz, what will be the price if the spot rate is back at usd40/oz? |
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Oct 4 2011, 11:21 AM
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Senior Member
1,505 posts Joined: Dec 2006 From: Subang Jaya, Selangor |
QUOTE(marcusboy @ Oct 4 2011, 11:19 AM) Need advice. Do you think it is worth paying about 350 for proof silver 1 oz dragon (I believe it comes in a red box) but even if it does, is it worth it? RM350?? for collectors, its worth it. for investor, topup abit can get 2oz already. Thanks. u got ar? i want 1 too..... |
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Oct 4 2011, 11:23 AM
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209 posts Joined: Sep 2011 |
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Oct 4 2011, 11:23 AM
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92 posts Joined: Sep 2011 |
QUOTE(8181 @ Oct 4 2011, 11:19 AM) customs in malaysia are noobs. They only can see silver 15% tax but they cant see silver bars are tax free. My suggestion is bring those taxation books to customs and show them malaysia law. |
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Oct 4 2011, 11:23 AM
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Junior Member
209 posts Joined: Sep 2011 |
QUOTE(Nidz @ Oct 4 2011, 11:17 AM) $4,985.40 for 101 pieces including fedex shipping. the shipping charges quite expensive ler.it will translate to around rm160 per bar, not including tax. if tax is imposed at 15%, it'll be around rm184. then price for resale market here will be at least rm200? considering this is the price while spot rate is still at usd30/oz, what will be the price if the spot rate is back at usd40/oz? |
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Oct 4 2011, 11:24 AM
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Senior Member
1,505 posts Joined: Dec 2006 From: Subang Jaya, Selangor |
QUOTE(8181 @ Oct 4 2011, 11:19 AM) oh ya, i forgot that it is bar type... but still, the selling price wont be below rm180 i think. unless someone bombard the market with cheap pamp dragon silver... anyway, this kind of bar i'll keep 5-10 pcs only. too expensive. |
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Oct 4 2011, 11:27 AM
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209 posts Joined: Sep 2011 |
QUOTE(Nidz @ Oct 4 2011, 11:24 AM) oh ya, i forgot that it is bar type... but still, the selling price wont be below rm180 i think. if the market price is 200 and the cost to purchase it is 160, i don't mind buying them and sell it at RM180, haha. If the market price is rm180, i won't compete with other sellers.unless someone bombard the market with cheap pamp dragon silver... anyway, this kind of bar i'll keep 5-10 pcs only. too expensive. |
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