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).
The Chinese government began striking Silver Chinese Pandas in 1983 (Gold in 1982). 2013 marks the 30th edition of the Panda Silver Coin Series mint by the People’s Bank of China (proper name for the Central Bank of China). No silver Pandas were issued in 1986.
^ The first Silver Panda, Panda 1983
In 1983 that 10,000 Proof Silver Pandas were minted. The coin had a 10 Yuan denomination. It weighed 27 Grams of 90% Silver purity. Compare that silver weight and purity to today’s 31.1 Grams (or 1 troy ounce) of .999 Silver Pandas. [Read more →]
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!
[Read more →]
What type of investor are you? Are you only keen in buying the cheapest silver bullion bar you can get or your are keen in the latest Perth Mint’s Lunar dragon? Do you hunt for limited edition silver coin? -or do you glue yourself to silver price chart all day long like a hawk?
There are two types of physical silver investor. They are namely The Bullion Investor and The Collector. Today we will discuss the difference between them.
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.
Top five silver bullion coins for Malaysia are:
Please make your own assessment of the relevance, accuracy and adequacy of the information contained in this Blog. You are advised to make your independent investigations as may be necessary or appropriate for the purpose of such assessment including the investment risks involved.