Author Topic: Coinweek article on the 2013 Singapore International Coin Fair  (Read 2143 times)

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Offline Birdman

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"Singapore International Coin Fair Attracts Over 10,000 Enthusiastic Attendees"  Coinweek.  April 19, 2013

http://www.coinweek.com/coin-shows/singapore-international-coin-fair-attracts-over-10000-enthusiastic-attendees/

"In particular there was overwhelming demand for the gold and silver Chinese Panda coins. The Panda coin market is extremely hot, and by the final day of the show, supplies of Panda coins were limited, as everyone was coveting the gold and silver Panda coins from China."

Offline pandamonium

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Re: Coinweek article on the 2013 Singapore International Coin Fair
« Reply #1 on: April 28, 2013, 09:26:13 AM »
Good post.   The Japenese citizens are paying $500 over spot to buy an oz of gold bullion.  Asia is very low on small retail size of metals but so is the world.  As the bullion shortage progresses what will happen to the rare MCC?  They are the choice of collectors and many new collectors are coming into the market daily.  We are all watching the slow flood of buyers and slow decline of supply.  It should pick up speed at some point.   Hopefully the master manipulators can keep a handle on it for several more months and maybe a year.........

Offline SANDAC

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Re: Coinweek article on the 2013 Singapore International Coin Fair
« Reply #2 on: April 28, 2013, 11:27:05 AM »
The latest Pricepedia has two "boots on the ground" reports of coin shows, one by Peter Anthony (Chicago show) and one by Adam Biagi (Singapore).  Both were after the historic gold and silver crashes.  The physical demands in both shows were incredible.  Supply and demand is alive and well.  Gold/silver are on sale and people are buying, big time!

Offline Straitssettlementshop

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Re: Coinweek article on the 2013 Singapore International Coin Fair
« Reply #3 on: April 29, 2013, 06:40:06 AM »
The Japenese citizens are paying $500 over spot to buy an oz of gold bullion.  

Pandamonium,

Can you share the link about the Japanese are paying $500 over spot for an ounce of gold bullion.

Thanks in advance.
« Last Edit: April 29, 2013, 08:02:02 AM by snowball »

Offline james007

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Re: Coinweek article on the 2013 Singapore International Coin Fair
« Reply #4 on: April 29, 2013, 09:10:43 AM »
Buying is alive and well sometimes.

Check the link.

http://www.ebay.com/itm/130894120401?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1438.l2649

Thank you so much for the Singapore article! I can read these all day!

Offline pandamonium

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Re: Coinweek article on the 2013 Singapore International Coin Fair
« Reply #5 on: April 29, 2013, 09:37:45 AM »
Sprott mentions it in this article.  Have read many articles that state $500 over spot Japenese citizens are paying to own gold.   Small retain size gold is scarce so premiums will rise...........


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/26_Sprott_-_Historic_Panic_Bottom_Ushers_In_New_Gold_Bull_Market.html