Product Details


 

                                        

The Noah's Ark silver coins are Armenian bullion coins, issued since 2011. They are available in various sizes with a fine weight between ¼ ounce and 5 kg in silver of 999/1000 fineness. Although the coin with a nominal value of 500 Dram (1 ounce) is a legal tender in Armenia, it is not minted in this Eastern European country. The coin is produced by the Leipziger Edelmetallverarbeitungs GmbH an affiliate company of Geiger Edelmetalle. Similar to the famous bullion coins like the Canadian Silver Maple Leaf, the Vienna Philharmonic or the American Silver Eagle, the motif of the coin remains constant.

This is a new tax-free (investment grade precious metal) silver coin, when imported into Singapore. The coins are surrounded by protective gas in sealed tubes. It protects reliably the brilliance of the surface and prevents tarnishing and the emerging of “milk stains”. The tubes are further packed in rustic wooden boxes.


Pricing Details:

Points computation: 1 coin = 1.00 points

Tier
Points required
Price
(MYR)
Price/Gram
(MYR)
Price/oz
(MYR)
Percentage
Over Spot
Buy/Sell
Spread
1
-
184.34
5.927
184.34
38.25%
24.14%
2
600
183.45
5.898
183.45
37.58%
23.77%
3
1200
182.55
5.869
182.55
36.91%
23.39%
4
2000
182.10
5.855
182.10
36.57%
23.20%
5
5000
181.65
5.840
181.65
36.23%
23.01%