i dont have experience storing 100oz bar and 100 bars of it. i cant imagine. haha, best is put inside a paid service safety box.
i'm keeping 1kilo bars. no hoohaa about it, wrap it with some cloth and put it at the drawer - the drawer that is not even locked. well u know if someone break into your house, they will first open those locked drawers

do amcorp mall sell air tite?

Hi guys! please visit my sites.
thanks alot.
My Webpage

This post has been edited by shadowxe957: Oct 9 2011, 05:35 PM

Dear Silver Investor,

The following is the import and sales tax for silver under two different import tariff codes in Malaysia.

1) Tariff Code: 711810000; Descriptions: Coin (other than gold coin), not being legal tender
> Import Tax =5% and Sales Tax = 10%
Example : Silver Coin, ie. Silver Bullion with any national legal tender such as American Eagle USD1 silver coin, Canadian Maple Leaf C$5 silver coin, China Panda RMB10 silver coin, Perth Mint Kookabarra A$1 silver coin and all other silver coins produce by Government Mints.

2) Tariff Code: 711411000; Descriptions: Articles of goldsmith’ or silversmith’ wares and parts thereof, of precious metal or of metal clad with other precious metal.- Of silver, whether or not plated or clad with other precious metal.NILNIL
> Both Import Tax and Sales Tax is ZERO
Example: Bullion Silver Bars and Rounds with print containing the amount of actual silver content, and without any legal tender, and mostly minted by Private Mint.

The silver investors are advised to purchase only silver bars and silver rounds if the objective of investors is the silver price appreciation. If you buy bullion silver coins from local Malaysian dealers that do not pay Government import and sales tax, that means you are in possession of smuggled goods in Malaysia.

I hope the above helps Malaysia silver investors in their "investment of a lifetime over the next 3 to 5 years".

Best Regards
mysilverbull@gmail.com

thanks for the sharing!
suggest get TS of http://forum.lowyat.net/topic/2053178 to put into first post

many people are expecting price to go down to USD26 again, any opinion?

Hi Guys, I am new in this, but I am really interested in buying silver as long term investment. I am from penang, and I am interested in physical silver. Appreciate you guys' advice, thanks in advance.

If you tend to appreciate the artistic on the silver coins (which some of them look very nice), then go for silver coins
If you tend to prefer "value for money", then go for silver bars.

there are a lot of sellers in KL, not sure in penang. if you would like to know more, please throw in more specific questions, cheers!

yeay. finally got wolf joining the collection

Thanks for the info, I prefer silver bars. Where i can get it? Thanks bro!

small size bar (1oz to 2oz)? or big size bar(10 oz, 500gram, 1kilo)?

other then the price different, what is the different btw keeping 10oz, 500gram and 1 kilo?

Hi,
What kind of silver are you looking for? maybe i can help you out.

Liquidity.
It's harder to sell 1kilo bar compared to 10z bar. Because 1kilo bar costs lot more.
Unless the bars you're buying from has buyback policy, then liquidity is not an issue.

Second would be storage method.
Well, it'll be harder to keep and save 1kilo bar at your house

1. premium - generally the smaller the unit, the higher the premium. of course also depending other factors such as the brand etc
2. liquidity - the smaller the bar, the easier for you to dispose it when u need cash. therefore only buy big bars from reputable brands or buy from those seller that guarantee buy back. that would be the ideal scenario. when sh!t happen to the economy, some people argued that probably even the reseller would run away / close shop. for me, regardless whether sh!t would happen, buying from a seller that guarantee buy back is always the safer option

Dear all investors,
Currently i have a $1 Platinum coin 2008. and 1oz 2008 silver proof. if you are interested please contact 010-2697682. thanks

$1 Platinum



1oz Silver proof 2008

hi shadow,

how much are you selling 1oz 2008 silver proof?

-wrong info-

This post has been edited by chunyen2020: Oct 9 2011, 09:49 PM

just make sure that both metal don't touch each other.
don;t mix metal together. silver + milo tin => Ag + fe + Tin => AgFeO3Tin
forgotten my chemistry already but U get some nice composite metal after long term storage ok.
at least the silver must be sealled lah in plastic b4 putting in milo tin.

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Added on October 9, 2011, 10:18 pm1. 7118090900 that the correct one.
2. custom has the final said on the tariff code as far as i'm concerned.

This post has been edited by GoldChan: Oct 9 2011, 10:18 PM

You can allow custom to decide your fate, or you can determine your own fate by insisting the Malaysian tariff code and the ability to justify your claim. I get what I want in my recent importation by justifying with custom, and they agreed with my justification.