QUOTE(jeenhao @ Mar 10 2012, 11:05 PM)
Hi everyone,
I have some questions and doubts about silver as investment...
The price of silver now is around 35USD/oz... So if I convert into RM, it shall be RM110 +/- per oz.
However, I take a look at the price of those silver rounds and bars, they seem "overpriced". I know there must be reasons but I don't know what's the reason.
It's like,
1 oz silver American Eagle Round cost around RM130...
2oz Perth Mint 2011 Lunar Rabbit Silver Coin cost around RM350
2oz Perth Mint 2012 Lunar Dragon Silver Coin cost around RM550
It seems that these silver rounds are not sold according to the price of silver per oz. Can anyone explain why? And which one is more worthwhile to invest? How will the value of those rounds become when the price of silver goes up? Eg: Will 2oz Perth Mint 2012 Lunar Dragon Silver Coin worth more than 2oz Perth Mint 2011 Lunar Rabbit Silver Coin when the silver price shoot up?
Can someone please explain? Thanks

The price you see is COMEX price, which is price of FUTURES. It is the asking price for BULK, RAW and UNPROCESSED silver. It is used as a fundamental for silver price. Then, add in overheads such as mintage, tax, packaging, shipping, security, workforce, branding, food and the whole lot, you get your final end product price. Some coins are more expensive than the others due to the low mintage or in another word, collection value. The recent hype is on 1oz dragon which can go up to RM350-RM400 for 1 oz, a price which you could probably get 2 coins of other kind. Rabbit lunar is asking for high price because it is no longer in production - thus, a collection premium.
Also, some brands are noticable more expensive than the others, like the royce rolls of silver, PAMP.
All the best in your silver investment.