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 Silver as investment V2, Don't cry, buy now.

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chicharitos
post Oct 4 2011, 12:48 PM

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Hi all, I'm new to this section. Does anyone have thoughts on buying this?
http://www.mint.ca/store/product/product_e...mId=prod1150003
I'm tempted in buying them just need advice from people in here, thanks!
chicharitos
post Feb 16 2012, 06:14 AM

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QUOTE(property101 @ Feb 15 2012, 07:18 PM)
eBook titled Practical Guide for: Investing Silver in Malaysia has been released for download!
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Download Now
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Just on time I'm having a week break so this can be a good read. Thanks!
chicharitos
post Feb 24 2012, 04:40 AM

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Silver is looking good now brows.gif

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too bad I haven't have a big stash to get a significant profit sad.gif
chicharitos
post Mar 11 2012, 12:28 PM

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I was just wondering if there is anyone here invest in junk silver?
chicharitos
post Mar 11 2012, 01:20 PM

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QUOTE(jayjay @ Mar 11 2012, 12:46 PM)
u mean those 90% silver coins?
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Yes that is the one. Mostly the old US coins that I am talking about. Haven't started myself yet, just asking if there is anyone here did that.
chicharitos
post Mar 12 2012, 04:36 AM

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QUOTE(GoldChan @ Mar 11 2012, 09:47 PM)
agreed. most people are no buying junk silver. even though i myself like it very2 much especially the 10 cent dime 90% silver.

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The 90% of silver content is still changes proportional with the changing silver price no?

But thinking about it again when we are measuring the liquidity aka converting it to fiat, that can be a potential problem.

I was asking because I went to my local coin store last Friday and noticed that the affordable price that they have on junk silver. That is why I am asking if anyone here have experience doing it. Appreciate all the replies, thank you!
chicharitos
post Mar 21 2012, 04:17 AM

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2012 panda is finally available on most of the US websites. Anyone know whats the mintage this time? I heard there are about 8 millions minted compared to lower amount in the previous years? hmm.gif
chicharitos
post Mar 22 2012, 10:18 PM

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I was just wondering if a silver bar with a serial number on it will carry a significant premium though? I know that the PAMP bars do but what about other bars like engelhard, J&M etc. Thoughts anyone?
chicharitos
post Mar 22 2012, 10:41 PM

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QUOTE(kh8188 @ Mar 22 2012, 10:34 PM)
Engelhard and J&M are no longer in production and are considered as the grand daddy of silver bars. it has added "vintage" value onto it. PAMP are nicknamed the "Royce Rolls" of precious metals be it Gold or Silver.
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Do you have any idea on how much they usually go over spot in the Malaysian market? brows.gif
chicharitos
post Mar 23 2012, 07:29 AM

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QUOTE(soundsyst64 @ Mar 23 2012, 07:19 AM)
based on my understanding, pamp suisse known internationally. Easy to trade. Also similar case to coins with legal tender like american silver eagle, maple leaf, etc.

And take note. Malaysia customs now impose tax legal tender silver coins imported from oversea. This might be the reason why premium bars/coins sold over spot.
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I believe the tax will only be applied to legal tender coins not for bars and rounds, no?
chicharitos
post Mar 23 2012, 09:07 AM

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QUOTE(GoldChan @ Mar 23 2012, 08:57 AM)
most manufacturer no longer put serial no to their bar unless it is a 10 oz bar. Some got serial no some don;t have. cheap one no serial no.
Older bar got serial no. engelhard, JM all/most got serial no.
Problem is additional cost in embrossing the serial no into the bar, it need a laser machine and done one at a time.
Thus very time consuming.
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QUOTE(kh8188 @ Mar 23 2012, 09:01 AM)
Yes. You are correct. Coins with any legal tender by any government on it will be taxed 15%. Silver bars and rounds are all non-taxable.

All the best in your silver investment.
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Thank you to both replies really appreciate it! thumbup.gif

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