There was a list somewhere in the middle of v1. Will see if i can dig that out again.

Looks like chef won his barley and roti canai. And wow, just 0.04 away from that ASE. Should have "bao" 4 numbers above.

The answer to which bars are the most sought after is quite subjective. You have to look at the target markets. The answer may even depend on what is your objective of knowing which is the most sought after, whether you're preparing for future liquidation of your bars, or whether you intend to become a silver trader, what type of investors/collectors you may want to target, etc etc.

Go around the internet look at what is being offered and what is being sold at trading websites, talk to collectors and dealers, try to sell some bars yourself, you'll get a feel of what's being sought after. Some dealers may tell you a certain brands are the most sought after, from their experience, the other dealers may say a different brand. Buyers also buy on different objectives, some buy for real silver value (lowest premium possible), some buy lowest spread items, some buy minting quality, some buy artistic designs, some buy brand perception, certificates, numismatics, etc etc.

But overall, there are only a few brands that are repeatedly mentioned and being offered and sold, you can pretty much safely say these brands are being sought after.

This post has been edited by cruzzie73: Oct 1 2011, 05:23 PM

Latest product in the market.
Scottsdale has come out with the new 1kg Stacker bar.

For comparison on exchange rates between Malaysian banks, check this webpage: http://www.exchangerate.my/ Somehow Al Rajhi Bank is there but other foreign banks are not listed.

PAMP has always fetched high premiums due to its name, its perceived status, and its serialised and comes with cert. When we sell back to the market, we can sell at high premiums too.

Likewise for coins, whether its a currency or not, it doesn't really matter because the material itself worth much more than the face value. But it fetches higher premium than bars because of its perceived numismatic value. When selling back to market, we can sell at higher premiums. For limited mintage, we can increase the premium more as we keep longer.

Minted bars are closer to spot, its good for investers who are interested in the value of silver only. After all, if fiat currency does collapse, the world economy will be so bad that the world may run into chaos. When economy is so bad, silver is just silver, regardless whether its PAMP, limited mintage coins, or bars. Coz nobody would have the extra money to buy the numismatic value or the perceived higher value for premium brands.

If you want to go even closer to spot price or even below spot price, look for generic bars/ingots, silver rice, etc. But you need to know the silver market real well coz you're running into higher risk stuff. And you probably need to be able to fork out much larger capital for this kind of investment. And, liquidity is also an issue when you want to sell back to the market.

This post has been edited by cruzzie73: Oct 4 2011, 10:20 AM

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

For Malaysian market, i think 150 is a good price.

haha.... wash till their brains are shiny white and yellow.

marcusboy, it's not about the red box. If its a proof coin, it has to be more expensive than the normal 1oz. Furthermore this is also limited mintage, even less than the normal 1oz. Possibly there is some mistake there. But if the offer is true, check genuinity of the coin. If genuine, quickly grab it! And grab one more for me too, wait, grab 5 more! lol

This is a beautiful coin! And it's a limited mintage too, 250,000pcs only. And to pay CAD20.00 for CAD20.00 face value, it's definitely worth it! This is one of the few silver coins that has face value higher than silver itself. This coin is about 1/4 oz only. If somebody can get a hand in this product, I want a few pcs too. But they limit to 3pcs order per household only, i supposed it is only for Canadian residence.

This post has been edited by cruzzie73: Oct 4 2011, 02:00 PM

Godslove, yes the face value is higher than spot. But we probably can't get many of these.
And yes, it's more for collection purpose. Coz limited mintage of 250,000pcs only.
If you use this in Canada, then maybe the banks there would accept at face value.

This post has been edited by cruzzie73: Oct 4 2011, 03:06 PM

Whoa chunyen you're into serious collections now!


aiya.... am I too late for this deal already? bigwolf, still got any to spare?

This post has been edited by cruzzie73: Oct 4 2011, 08:49 PM

CFDs are trading, not investment paper. Just like spot trading is not investment.

It is true that most people still prefer gold over silver, especially when it comes to large sum investment. You see quite a number of gold investors putting hundreds of thousands or millions in gold, but seldom see them putting that much in silver. But silver is surely catching up on popularity especially among younger generation. I suppose it's due to its low price (as of now) that's still affordable for the younger group.

This post has been edited by cruzzie73: Oct 4 2011, 09:57 PM

Bro, i'm looking at 10-15pcs.
Its ok if they're all taken up already. Perhaps I just need to up a few more oz to reduce the shipping cost per item, and place another order to the supplier. Thanks anyway, for organizing this bulk purchase.

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Added on October 4, 2011, 10:39 pmThe spread for silver is high (in terms of %) because its price is still cheap. At this stage when spot is around $30, we see spread of about 20-25%. When spot goes up to $100/oz, we can expect the spread to go down to 12-15%, and when it reaches $200, we may see spread of only 8-10% or lower. I'm quite sure when silver price hits $1600 (same as today's gold price) one day, we will see same spread as gold of today.

This post has been edited by cruzzie73: Oct 4 2011, 10:50 PM

kei-kun i'm talking to a few more friends. Once i get enough confirmation, will go ahead with the order, then only i know the price. Will PM you then you consider to take 5pcs or not.

Hi guys, been away for a while and come back to see the forum has become so active, this is great!

Chef, have you tried use the jewelry scale? If it's good, wanna do some barter trade with you.

If i'm not mistaken, China imposed export tax on silver.

ok chef, if you have the scales with you, we can meet up thursday evening after office hour. Will call u to decide where to meet and what time.

You wanna let go 10oz bar? Or are you looking for 10oz bar?

Thanks property101 for the effort to make the webpage to enter the wish lists. Hope tihs will turn out to be a successful project.

It will be interesting to see how sellers and buyers behave in this environment. I suspect the sell list will always be occupied by a long list of sellers while the buy list will probably be short most of the time. The sell list would be like a reverse bidding table and sellers supplying similar items might go into a bloodbath type of competition, so this should benefit the buyers. At the other end, when buyers see a bloodbath at the seller site, they may stand on the sideline and defer entering their wish list for the more common items, and only enter they wish list for items that are less common.

Anyway, let's see how it turns out.

This post has been edited by cruzzie73: Oct 20 2011, 02:25 AM

Nice piece of information, Kakiayam. I think all silver and gold investors should read this and fully understand the message.

Taurusbull, thanks for the info. But the small denominations have slightly different purpose from just keeping value of the money, as they are good for medium of exchange (for small valued items) when there is a need. Small silver pieces may not be the best medium of exchange, but just in case situation requires, they may come in handy. Just my humble opinion.

Looks like the market has not confirmed its uptrend yet, neither has it decided to drop. But we may see some interesting action some time this month.

Yes, market manipulation is in effect. Doesn't matter if you miss the news, as it is only a report on events that has already happened. Most of the time they look around for events that they can use to justify those manipulated movements at that current moment. That is why we see so many times the market movements do not correlate with news that happened just a week ago, as if those past events never happened before.