don't take tax for coin into consideration lah. sometime, buy 1kg coins from distributor is cheaper than buying bar in secondary market. For example,  buying 1kg pamp bar from 1stopgold when spot rate is 40usd , the premium is 15%, that mean average 6 usd per oz. but most of the 1kg coin only have premium of around 4-5 usd per oz. If you can get the coin without tax, why not buy coin ?

last time , i bought gold coin, silver bar, silver coin from gainesville coin, all shipped in one package. but the custom clerk(i think they want to save time) only use the tax code for gold coin to apply for all items i bought. Then i got my silver coins tax free.....

When you buy from the big dealers, they will enclose a tax invoice inside...should not be a problem to
identify the goods and prices.

They do have custom tape to tape back the box after they inspect them.

However, in my experience buying silver from overseas, the custom will call me to their office and asked me to open the box in front of them and let them see the items. Then they will take the invoice and see how much they are going to charge me in terms of tax.

Anyone gonna bring in PAMP Suisse 2012 Lunar Dragon? I'm planning to get 5g Gold Dragon and 1oz Silver Dragon. So far, I only know Habib is going to sell these, but not in all sizes.

http://www.bullionbaron.com/2011/10/stunni...ragon-bars.html

serious ?
TT charges x2
then APMEX seems 2 be the better choice ,
**until now i still dun see why gainville is better other that have more choices of coins .
Just side questions, anyone has straits settlement gold coins for sale ? Please let me know, i'm interested to buy . Thank you

i don't think it is limited mintage item. now is still 2011. but i sure will buy some and i think PAMP will release new design every year to make them a series product.

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Added on October 3, 2011, 8:11 pm
panda no mintage lah, bank of china will increase the mintage one. 2010, increased from 800k to 1.5m, 2011 increased from 3m to 6m.  very hot item.

HSBC - online - RM25 (RM40K limit/day)
          any branch - RM45+6  (no limit , but the officers/bank staff might ask u alot of questions if TT large amount of $)
so far, i think HSBC offered the best forex rate,
any bank does better ?

both goldchan and silverformalaysia selling their items at reasonable price. If i don't order from oversea, i will support them.

I am wanna buy air tite! please tell me where to buy

if we really for investment. we will go for 1 kilobar silver. lolz and silver bars only. coins are well known for their premium including eagles, maples and phils. haha

yeah, i found a dealer that can provide 1oz silver dragon. but his selling price is around 380 aldy. so i think its not worth it to take it here n sell to others coz its quite expensive for 1oz of silver. haha but yeah limited mintage. sorry again bassist. =(
goldchan...wah why ur customer so rich? 1000oz? glupp. hehe btw bro any new offer for silver bar?

Milo Tin.

Damn.... Now I have to move it to horlicks tin....

Damn.... Now I have to move it to...somewhere else.

Put it in somewhere safe, but don't let it get thrown away by your wife or mom, or maid or a mah. For silver, keep at home lah, for gold, dig a hole. still store it at home. Honestly, if you are rich enough to buy silver, go for scotsdale stacker, the kilo and 100oz stacker can stack nicely into a small space and if you put it at some corner, nobody will know that bunch of metal is worth RM 100k or so.

I would recommend keeping 1 type of bars as many as you can, then keep a few of the others as collection. you buy those loose pieces from APMEX, they are going to give you those scratched or toned bars and various unheard of brand people sell to them, I suggest don't try for those.

chef

But if your bars are like mine, 1oz and such, keep in air tite Milo tin if you milo is confirm airtite. (put a candy inside and see if ants comes) and keep it in cool dark dry places.

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Added on October 9, 2011, 3:39 am

Hey goldchan!!

Waiting for your next offer.... I'm sure you have some bars to sell, can let us know? or can PM me so I see if I can order some more from you?

chef

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

Milo Tin.

Damn.... Now I have to move it to horlicks tin....

Damn.... Now I have to move it to...somewhere else.

Put it in somewhere safe, but don't let it get thrown away by your wife or mom, or maid or a mah. For silver, keep at home lah, for gold, dig a hole. still store it at home. Honestly, if you are rich enough to buy silver, go for scotsdale stacker, the kilo and 100oz stacker can stack nicely into a small space and if you put it at some corner, nobody will know that bunch of metal is worth RM 100k or so.

I would recommend keeping 1 type of bars as many as you can, then keep a few of the others as collection. you buy those loose pieces from APMEX, they are going to give you those scratched or toned bars and various unheard of brand people sell to them, I suggest don't try for those.

chef

But if your bars are like mine, 1oz and such, keep in air tite Milo tin if you milo is confirm airtite. (put a candy inside and see if ants comes) and keep it in cool dark dry places.

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Added on October 9, 2011, 3:39 am

Hey goldchan!!

Waiting for your next offer.... I'm sure you have some bars to sell, can let us know? or can PM me so I see if I can order some more from you?

chef

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.

How large is a large quantity is very subjective, different sellers have different discount structures. Just contact them and ask. But if you are buying like more than 50oz, i'm sure most sellers would be willing to give discount.

I am a new silver investor and not a dealer. All I am trying to do is share important informations from my silver research to willing new silver investors. I don't take insult lightly.
I am not only sharing information now, I am sharing my physical silver as well just to piss you off.
I have 20 pcs of Sunshine Mint 1 oz silver rounds, and 1 pc of 10oz NTR Metal silver bar to let go at RM125/oz.
If you take 10 oz silver, I will give 1 oz of Sunshine Mint silver round FREE OF CHARGE.
Interested party, please email mysilverbull@gmail.com, as availability is while stock last and based on first come first serve basis.

GoldChan,
No need to justify. On 26th.September and for a few minutes, the spot price went down to USD26, and it is below USD28 for less than 2 hours. You need to pay a premium of USD1.49 above spot price to get your silver round. Meaning to get USD26 for anyone is impossible, and to get USD28, you must be god to know the timing to purchase within 30minutes to buy it at USD28 for a silver round.
I know you are an honest silver broker, and your price at RM125/oz only allow you to have a reasonable margin. That is the reason I only offer RM125/oz, and my FREE silver of 1 for 10 purchased just to proof a point that you don't just simply throw a challenge and insult to a total stranger without getting any consequence. You had your music, and I had my dance. We just closed this case amicably, and move on as I have no intention is spoil anyone rice bowl as it is bad karma.
Cheers!

dont worry, i believe they are honest business man. people in the precious metal business, their words are law. they honour the deal even it's verbally agreed. i dont believe they will keep stock to avoid loss. they are the kind of person who honour a deal even if it is a lost. it works both way, they expect the same goes to the buyer. even if a buyer place an order at (let's say) usd32, when the price fall to (lets say) usd 26 in two days, they do expect the buyer come to pay and collect the silver.

Actually, I'm expecting the price to come down, usually this happen when the price rise steadily and looks like it's going to shoot. I've learned my lesson and if the price starts to drop again, it's buying time. Whatever price you guys can buy now, even dragon or panda, the price will still go down if silver price drops below USD 28.

Anyway, just my 2oz worth opinion. Looking at the news this 2 days, Euro is going into crisis for sure, and again, second round of rushing to USD as safe haven. I think that's why we don't see gold chan around, he is currently known as USD chan.

chef

PS Hey soo, don't worry, your coin is coming, the aussies are working hard but you know, what we can do in 1 day tkaes them 3 weeks. Sorry for not replying your sms, I'm overseas and each sms cost me RM 2.00 at least!!

SLS is quite big. it depends also la. got 3700 ppl inside there.

some seller are quite good. fast response and easy to dealing with. but i also encounter 2 bad incidents.

1. Promise to meet 10pm, but he delay2 till 11 and come around 12. -__-"
2. Pre-order silver, and 4 weeks still dont get the item..sigh so called pre-order man.
I do sell some stuff at SLS as well, usually i only do C.O.D, meet alot of ppl, and many of them are very friendly. talk about silver n gold. chit chat. good to deal with la. market is big.

and yes, i deal with daryl from silverformalaysia and goldchan. very easy, very fast, and recommended. =D

I think as more and more people go into silver as collector then turn dealer, surely some not so business minded one will spoil the market and mess up the reputation of all.

Anyway, let's all cool down a little, guide the new ones properly how to collect and how to sell, business etique and such. keep low yat silver clean and happy yeah?

still after hundreds of post, there's no one good site for us here to gather our buyer and seller to meet and deal.

chef

Yup !! Totally agree with spikyz !!

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Added on October 17, 2011, 3:08 pm
Yahoooo!! Awaiting for your good news.

the process will be like this.

let say for example, we want to buy scottsdale bar, we target around 100oz. so we will announce in the group, we gonna order 100oz so who would like to join, they need to state d amount they want to buy.

so then lets say, i take 10, nidz take 10, chef take 10, n bla bla bla. so we have 10 buyers each take 10oz. so we pay to one appointed member to collect the money (which will be calculated beforehand, including shipping,tax,currency exchange and etc). pay to this appointed member, he will then proceed with the buying from overseas.

the item arrive. then it will divided among the members, 10oz each. ,if place is near, can COD. if not need to add alittle for post. i try last time, 10oz d post is around RM7 only.

the advantage..bulk buying from overseas can get cheap price. but we need to buy in bulk. so thats why we have this bulk-buying together.

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Added on October 18, 2011, 12:32 amand again. we will offer this only to FB group member and also Lowyat.net member. we need details and etc. and yes, of course the money to buy d item as well. to avoid any last minute FFK.

search for 'Lowyat Silver and Gold Group' in FB