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 Gold Investment Corner V8, All About Gold

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BenChiew
post Dec 27 2023, 09:10 AM

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Anyone knows where there is stocks of the Kijang Emas coin?
BenChiew
post Dec 28 2023, 04:58 PM

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QUOTE(boyboycute @ Dec 28 2023, 03:31 PM)
Anyone tried selling gold coins before? Where did u go? What's the spread? Easy process?
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What kind of gold coins?
BenChiew
post Dec 30 2023, 11:15 AM

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QUOTE(boyboycute @ Dec 28 2023, 05:01 PM)
9999 Maple & Kangaroo 1oz
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Those are Bullions issued by governments with a face value. Shouldn't have problems selling them.
BenChiew
post Jan 10 2024, 03:33 PM

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QUOTE(derravile @ Jan 10 2024, 02:35 PM)
hi guys, my company is currently looking to do some custom mint for gold coins

any idea where we can find such services?
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Any mint can do it. Plenty in China. Also depends on the quantity and size.
BenChiew
post Feb 21 2024, 11:16 AM

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QUOTE(xander2k8 @ Jan 27 2024, 09:58 PM)
Yes it should but however it should depends on the actual value of the goods

Hence smaller gold coins should not be affected but those larger pieces of jewellery might be affected particularly those diamond rings with high clarity
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Just get those issued by government with a face value. those with face value are coins with a legal tender amount.
BenChiew
post Feb 22 2024, 01:09 PM

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QUOTE(prophetjul @ Feb 22 2024, 10:11 AM)
Why?

BTW Maybank does not mint the kijangs. They are minted by the Royal Mint of Malaysia.  biggrin.gif
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Our Kijang Emas stocks were purchased from the Austrian Government. The Austrian Mint did all the coins for us. one of the few mints that does 999.9 purity. this can only be achieved under certain manufacturing conditions. They also mint the Philharmonic Gold Bullion.
BenChiew
post Feb 22 2024, 02:48 PM

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QUOTE(prophetjul @ Feb 22 2024, 01:16 PM)
All coins issued by BNM will always be ordered from Kilang Wang in Shah Alam. There were many issues in the past that were minted by foreign mints. Singapore Mint did quite a few for us.
BenChiew
post Apr 1 2024, 03:31 PM

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QUOTE(prophetjul @ Mar 1 2024, 11:27 AM)
Please share your experience with more details. It has been very good for me thus far.

i invested in year 2002. Moved ALL my FD monies into gold. Those days, no ETFs, gold accounts, etc. Only gold bullions. There were loads of bullions around then. Even the 10 oz Roo was available!  Nowadays you don't see this anymore.
It was USD320 p oz then.  Kijangs were approx RM1050 p oz.
That was 21 years ago.
Now gold is $2050 and RM10,000. In RM terms, it has performed approx 11.5% CAGR over 21 years!   rclxm9.gif

user posted image
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I remembered those days. it was coins, bullions and wafers. it was cheap then.nobody wanted it. silver was usd7-8.

largest gold coin is this. 100kg.

https://en.wikipedia.org/wiki/Vienna_Philha...lb)%20of%20gold.

This post has been edited by BenChiew: Apr 1 2024, 03:37 PM
BenChiew
post Apr 8 2024, 11:43 AM

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QUOTE(nexona88 @ Apr 7 2024, 09:43 AM)
They accept only Kijang gold or others 999 one also can? 🤔
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Kijangs are bought and sold with BNM. Maybank is an agent for BNM. So only physical Kijangs.
BenChiew
post Oct 4 2024, 10:56 AM

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Kijang emas physical or passbook account is probably the best if you want to invest in gold.

 

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