Posted by KH »
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We recently met a Chinese Panda silver coin enthusiastic and manage to have an interview with him. Nicknamed the Pandaman, FS Yip discussed with InvestSilverMalaysia.com his views and opinions on investing in Chinese Panda silver coins.
Q: Hi FS Yip. Can you share with us your early days in investing in Silver? What brings you into investing silver?
Hi KH. Between 2009 and 2010, I read about silver investment from Robert Kiyosaki’s book. However, during that time, I was clueless about how to buy physical silver or even paper silver!
I asked my family members and friends but they all have no clues on how to invest in silver. Finally, in October 2011, I’ve found a thread in Lowyat.net on investing physical silver. Since then, I have been consistently buying and selling physical silver.
Q: Of all silver coins in the market now, it is noticeable that you have particular interest in Chinese Panda. Please share with us, what ignites your interest in the coin?
My first purchase was 1oz Chinese Silver Panda 2011. I was offered a good price that time. Thereafter, just like many, I started buying all sort of silver coin like Canadian Maple Leaf, Australian Kookaburra, Perth Mint Lunar etc.
^ FS Yip started off with 2011 Chinese Panda
After comparing the details and handicrafts of many silver coins, I had my target set on Silver Pandas. Not only they are nicely crafted, they are also a popular investment choice in China, US, Europe and Australia!
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Posted by KH »
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Recently, an Indonesia blog on silver – tokodinardirham.wordpress.com translated one of my previous writing back in September 2011 on how to clean your tarnished silver. Here is the translated version in Bahasa Indonesia 🙂
Punya Koin Perak 999 atau Koin Dirham tapi udah agak kusam atau ada spot putih? Jangan khawatir, ada cara mudah dan cepat supaya koin kinclong lagi. Cekidot!! 😀
^ Koin Perak 9999 “Canadian Timber Wolf” yang kusam. Tapi!! Masih berharga senilai Rp 600.000,-
Tips ini mirip dengan cara memasak 😀 . Kita butuh 3 Bahan:
1. Baking Soda
2. Aluminum Foil
3. Air Panas
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Posted by KH »
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Collectors! This is a news for you guys!
Bank Negara has just recently released gold, silver and nordic gold commemorative coins in conjunction of the 50th Anniversary of World Wide Fund for Nature. All three comes in limited mintage and would be a great collector item.
1. Gold Commemorative Coin (proof)
This coin is as good as a gold bullion coin as it is made out of 999.9 fine gold. It weighs 7.96 grams which is approximately 0.256 troy ounce. It has a face value of RM100 and is yours for RM1,800. Mintage quantity is limited to 250 pieces.
^ Gold Commemorative Coin with RM100 face value
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Posted by KH »
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I went to UOB at Jalan Raja Laut around lunch time today to do my regular Ounce Cost Averaging on Gold. I usually buy gold bullion at beginning of the month. I took my queue ticket and patiently waited for my turn.
When my turn was up, I walked to the counter and said to the banker, “I would like to buy gold bullion coin”.
I got a shocking reply.
“Sorry, all gold bullion coins are out of stock.”
^ Screen captured from UOB website at 5pm today
I was like, “What?”
“Yes. Out of stock.”
“When is the next batch of stock coming in?”
“No idea. But we have ordered since a month back.”
Posted by KH »
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It is interesting to see our local Malaysian bank jumping onto the silver bandwagon as well. CIMB Bank now offers Silver Bullion at their CIMB Clicks Shoppe. Most of their silver product offered are Perth Mint box set product.
^ Screen capture from CIMB website on 30 Sept 2011. At time of writing, market is calling silver for USD$31/oz.
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