The Singapore International Coin Fair (SICF) 2013 (www.sgcoinfair.com) took place on March 29th – 31st, held at the Sands Expo and Convention Centre, Level 1 – Hall A, which is located within the world-class Marina Bay Sands integrated resort. It is organised by Panda America (www.pandaamerica.com).
Recent headlines are mainly focused on the potential bailout plan in the Republic of Cyprus, a member state of the European Union. Over 7o% of its 1.1million population is ethnic Greek, maybe that is the reason so often mistaken to be part of another country in financial crisis, Greece.
“The entwinement of Cyprus and Russia, the world’s ninth-biggest economy, makes things complicated. Russia’s banks and companies have $31 billion parked in Cypriot banks, according to estimates by Moody’s Investor Services” – Bloombarg Businessweek
When it comes to precious metal investment in coins format, it is recommended that we invest in bullion coins. Bullion coin is a coin struck from gold, silver, platinum or palladium. Generally, investment grade bullion coins have purity of not less than 0.9 fineness. For silver, it is recommended to buy fineness with triple 9 (0.999) or more.
Although bullion coins usually have legal tender in their country of origin, its legal tender value are ignorable as it is valued lower than the actual metal price. For instance, 1 oz of American Eagle silver has a legal tender of USD$ 1 value. Would you like to trade it with my RM3.00?
There are plenty of different bullion coins in the market. In this post, we will discuss the top five favourites for Malaysia.