[Leo Talk] Physical Silver Investment (Series 1)

in #esteem5 years ago

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For a start in SteemLeo, I would like first talk about precious metal investment. Generally it can be divided into 2 groups, one is to buy the physical metals (bars or coins) , and the other one is in paper gold/silver form.

I would like first talk about physical silver investment.


Silver investment appears in various forms be it the sizes, shapes, brands and designs in both Malaysia and Singapore. Each category does affect the price and investment aspects of precious metals especially in Silver.

Below are few points/factors base on my own finding+readings along the years for precious metals investments especially in Silver. It's applicable to cases in Malaysia and Singapore ,and I believe applicable to other countries as well.

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  1. Size of the coin

There are many different sizes of the silver coins in the market. But definitely the best welcomed one is the small one ,and ideally is the size of 1 oz.

(The basic unit in precious metals world is oz , which is equivalent to 31.1g, though initially not getting used to the unit)

The most common size in both Malaysia Singapore is 1 oz coin. It's just nice in size and handy. And the price of 1 oz is very much affordable to most working class without much burden. So in case in future , you would like to liquidate for cash , definitely the type of product that market prefers will be easier to liquidate.

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For example, if you were to invest 1kg worth of silver coin. It would be advisable to get this 1kg in 1oz x 32 pieces of silver coins , rather than 1 whole 1kg silver bar. In the event of selling for emergency cash , it's easier to sell off 1oz x 32 than 1kg silver bar.

To be continued

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