GoldSilver Central would like to take this opportunity to wish our beloved nation a happy and joyous 58th National Day!
As we celebrate the achievements of our great country, let us also reflect on our past and rejoice in the progress that has been made.
From its humble beginnings as a newly independent state, Singapore has grown to become a prosperous and vibrant nation. We have seen much progress in the last 58 years – from its transformation into a modern city-state, to the development of world-class infrastructure and public services.
Happy 58th National Day Singapore!
As Singapore announced tighter Covid-19 measures for 3 weeks termed as Phase 2 (Heightened Alert), GoldSilver Central’s physical retail store remains open during this period and most of our products and services will still be offered and supported by our full GSC team. However more than 50% of our staff will be working from home. Rest assured, we are always available to take on your queries via our web chat, WhatsApp, emails and phone calls during our operating hours.
Clients can place orders via our ecommerce website as usual but please note that payments have to be made within 30 minutes to secure your order due to limited inventory. Visits to our retail stores will be strictly by appointment only and we strongly recommend our clients to place appointments in advance with us in order to secure your preferred date, time and services we offer. In addition, we are providing free consultation to our clients on Zoom if you would like to speak to us in the comfort of your home. Please select “Virtual session” from the “Services” at the appointment page.
For Bullion orders above S$7,500, GSC will provide free local (Singapore) delivery.
If you are looking to sell Bullion or Gold jewellery in this period without leaving the home, we are happy to provide free delivery to pick up your items valued at SGD7500 and above. For more information: https://www.goldsilvercentral.com.sg/blog/looking-sell-gold
Stay home and Stay Safe while purchasing from us!
For more information or urgent matters, please reach us at +65 6222 9703. We thank you for your kind understanding and support as we work together towards minimizing the spread of Covid-19 in our community. Stay safe!
GoldSilver Central
Dear Precious Metals Investors,
We are delighted to announce GoldSilver Central as one of CPM Group’s Silver Webinar and Report distributors and warmly welcome you to attend this important event to be held virtually on 5 March 2021 SG/Beijing Time at 12am (4 March 2021 at 11am EST). The webinar recording will also be made available to those who have signed up for the event.
Join in to learn and gain insights on the Silver Market from CPM Group’s precious metals experts Jeffrey Christian and Rohit Savant as they share their views specifically on the Silver market and its development now.
Highlights for the seminar include:
- Learn about the changes in the market due to the pandemic, economic lockdown and recession, and the dysfunctional political systems globally.
- Understand the changes arising from transformational market structure and liquidity, the rapid shifts of investors attitudes, and the differences in bullion banking and exchange traded fund trading patterns.
- The attempted squeeze in January, reasons for its failure, and the implications for Silver going forward.
Speakers: Jeffrey M Christian, Managing Partner of CPM Group & Rohit Savant, Vice President – Research
Seminar details:
Date: 5 March 2021 SG/BEIJING TIME / 4 March 2021 EST
Time: 12am (GMT+8) / 11am
*All attendee registrants for the webinar will also be entitled to receive the Silver Report for Free
Our retail store will be open from 19th June onwards, but will be by appointments only. This would allow us to better serve you and prevent a queue outside our store during peak hours. Please kindly be on time if you do have an appointment with us as we might have clients who have an appointment after you, thus can only serve you at our next available slot.
Hand sanitizers will be placed around our store for clients, please feel free to use them. We do have disposable masks too and if you require one, please feel free to approach any of our staff and they will be more than happy to pass one to you. All high contact surfaces will be cleaned and disinfected daily. Counters that are open to serve clients are arranged to be at least 1 meters apart.
Please do not be alarmed as all our staff that will be serving you will don a face mask and a face shield. This is to protect our clients and staff to ensure a safe environment for everyone.
Thank you and stay safe everyone!
Dear valued Clients,
Hope you all have been well and have stayed safe and stayed home during the Circuit Breaker in Singapore and similar measures all over the world. GoldSilver Central will be allowed to resume operations on June 2nd albeit not all our services as it seems. According to the guidelines provided by the Government, our retail store will remain closed to walk ins and browsing. We are seeking clarifications with the authorities if self pick up of orders and the selling back of bullion/scrap jewellery by appointments are allowed. We will update again when we receive a reply.
Both of our SSIC (Singapore Standard Industrial Classification) codes allow us to open but there are other guidelines that we might need to adhere to hence we needed clarifications. Please refer below for the guidelines provided by Enterprise Singapore and Ministry of Trade and Industry.
https://www.enterprisesg.gov.sg/covid-19/safe-distance#RE
https://covid.gobusiness.gov.sg/permittedlist/
Thank you for your kind patience and support during this period. Stay home and stay safe! We will keep you updated!
Best regards,
Brian Lan
Managing Director
If you are looking to sell away your Gold (Bullion & Jewellery), GoldSilver Central is happy to announce that we are providing free delivery to pick up your items valued at SGD$7500 and above!
To give our valued clients a better understanding of the process flow, here are the procedures:
1. Kindly provide us with your name, contact number and submit a clear photo of your items through Whatsapp or Email. Our dedicated staff will get in contact with you shortly.
2. Please note that we do not buy back any non-gold items such as stones that are embedded in the jewellery, the weight of these stones’ will be estimated and deducted off from the final weight of your items. All of the mentioned stones will be disposed off. If you have the intention to take the stones back, please note that we have no guarantee of the condition and will not be held accountable for any damage during the dismantling process. Clients will have to do a self-collection of the stones. Our team will inform the respective clients when it is ready for collection and clients can then place an appointment with us before collecting it from our office.
3. Complete the following form: Onboarding Form
4. You will receive an email advising you of the day your items will be picked up, tracking number/document for your shipment along with a shipping label. Kindly pack your items in a box/envelope, ensure that there is sufficient protection for your items by filling the box/envelope with fillers (eg. Newspaper, styrofoam etc). Seal the box , print and paste the shipping label on it. Pickups for you items will be before SGT 1200 on the respective date.
5. We will update you once we received your items and begin the process of weighing and authentication.
- Weighing of your gold bars and/or coins
- Authenticating the bullion’s purity through a Magnetic Value Test
- Once this is completed, your dedicated salesperson will quote you the buyback price based on the prices at that point in time (an image of the buyback price stamped with the time and date will be provided)
- Weighing the gross weight of your jewellery (along with non-gold items eg. Stones or parts)
- Authenticating the jewellery’s purity through XRF ( X-Ray Fluorescence Gun), images of the check will be sent to you IF the purity of respective jewellery pieces is lower than your expectations.
- We will record down the final purity breakdown and respective weights.
- Once this is completed, your dedicated salesperson will quote you the buyback price based on the prices at that point in time.
6. Once the prices are confirmed, we will raise a Purchase Order for your items. This Purchase Order will be emailed to you and you will have to sign on this digitally.
7. An immediate bank transfer will be done once we have received your signed copy of Purchase Order.
*Note: After all the processes mentioned are being done, client will have to bear the cost of all logistic costs for BOTH the pick up and return if the client decides not to proceed with the sale.
GoldSilver Central
One common question we have from you is if there is a solution to catch your desired price for selling your precious metals holdings to us.
Today, we will share how you can use our services to never miss out on cashing out on high prices for your bullion under a pooled allocated storage arrangement.
Solution A is for you if you are an investor who
- Wants an automatic arrangement for selling your bullion
- Knows the price level you want to sell your bullion at (Eg: I want to sell my 1kg Gold Bar at SGD 65500)
- Wants a straightforward method with minimal effort.
Here’s how it works:
- Bring your bullion you wish to sell to us during our operating hours where we will authenticate it.
- Your bullion will be stored with us under a pooled allocated arrangement (simply means that your bullion will be deposit into our holdings)
- Let us know what your specific selling price for your metals is. (For example: I want to sell my 1kg Gold Bar when it reaches SGD 65500).
- And it’s done! When spot BID prices have reached your desired selling price, it will automatically be sold.
- You will receive the proceeds via a Bank Transfer*
*we do need to onboard you as a client which means we need your NRIC and the header of your Bank Statement (reflecting the Name and Account Number). Please omit other sensitive information
- Wants full control of when you want to sell your holding
- Wants to sell your holdings bit by bit (For example, if you have a 100oz Silver Bar, you don’t have to sell 100oz at one go, but you can sell in 5oz sizes
- Want to set your own Sell Limits (Automated Feature)
Here’s how it works:
- Bring your bullion you wish to sell to us during our operating hours where we will authenticate it.
- Your bullion will be stored with us under a pooled allocated arrangement (simply means that your bullion will be deposit into our holdings)
- Unlock the Full GSC Live! Account Features with us by clicking here. This can be done before or during your visit.
- We will deposit the total weight of your metals into your GSC Live! Account.
- Login to your account under the “MetaTrader4” app in “GoldSilverCentral-Live” server.
- You can set Sell Limits to automatically trigger your desired selling prices or you can start selling your holdings whenever your desired prices are reached
Have more questions on the arrangements?
Drop us an email or a call and we’ll be happy to share more information with you!
Collection will only be available for pick up after the 1st June 2020 or the end of the Circuit Breaker period, whichever comes later. For clients who have arranged for collection after the 4th May 2020, we regret to inform you that this is no longer possible. Delivery options continue to be explored and will also only be able to be arranged after the Circuit Breaker period.
Current Collateral Loans will still continue to be serviced during this period.
We have also revised our policy earlier in April and would like to gently touch on them.
During the Circuit Breaker, we will not be able to take delivery of your bullion so clients can decide based on the 2 options how they would like to sell their Gold/Silver/Platinum.
Clients continue to still be able to place orders via our online store. Do note that full payment is required within 30 minutes of the order as on-site physical inventory is limited. For orders above our online store limit (S$8,200), a minimum of 50% advance payment will be required and clients may reach out to our Sales Team to perform the buy transactions.
As we previously emphasized, there is no shortage of Gold or Silver in the world. The current squeeze in physical precious metals is due to the supply chain being affected by Covid-19 measures implemented globally. Hence premiums for physical precious metals have increased substantially. Clients can consider products such as Perth Mint Certificate Program, GSC savings accumulation Program and GSC Live! as these products will allow you to lock in current metal prices at minimum mark ups and narrower spreads.
Brian Lan
Managing Director
GSC Live! will not be affected during this period and in fact this would be a good time for clients to benefit from the volatility in the precious metals market, 24 hours, 5 days a week with minimal mark ups as compared to physical bullion during this current global squeeze due to the Covid-19 supply chain disruptions.
Clients will still be able to transfer in or out, buy and store or sell from their holdings during this period.
Clients on GSAP need not worry as this program will still continue to accumulate precious metals for you throughout this period.
PMCP will still be offered and this program is appealing during this period as clients will only need to pay 2.25% above Perth Mint spot prices to own offshore Government Guaranteed precious metals!
During this period, clients will need to send us a 20% deposit before we will be able to lock in the buyback price of your bullion. Please send us an image of your bullion via email attachment or WhatsApp before confirmation of buyback prices.
Scrap jewellery buybacks will be suspended during this period as we are unable to authenticate the purity of the used jewellery.
New collateral loans will be suspended during this period. Current collateral loan clients will still be able to renew, redeem or sell their holdings. Note that physical collection and physical collateral ticket can only be issued after this period.
Brief Update: Latest Update on Global Shipments
Tuesday, March 31, 2020
10:27 AM
Global airlines have grounded their fleet and more are following suit. How does this translate to precious metals markets? And probably other markets as well?
As most of us are acutely aware, there is no actual shortage of Silver in the market. It is simply a case of demand exceeds supply drastically, and with more airlines grounding their fleet, this situation does not seem to be easing anytime soon.
Physical Premiums for immediate physical delivery of precious metals has continued to increase for the past week. Most significantly, we have seen premium costs for Silver increase exponentially. Costs per oz for bars and coins have increased by more than 200.00% thus far.
That being said, GoldSilver Central Pte Ltd maintains healthy supply lines and has recently brought in Silver Precious Metals to our retail shop. More will be brought over to the retail shop in batches and clients need not worry about not being able to purchase physical precious metals if they so choose to.
Food For Thought: Covid-19 has been described as “the black swan of 2020”. And we all know that in tough times lie opportunities. The true question is, how can investors position themselves with the available tools to grasp these opportunities.
Have you been looking to buy uncommon Gold and Silver Collectible Coins from our Global Partners?
Here’s your chance!
In GSC Group Buy, we will accumulate Pre-Orders of selected Gold and Silver Collectible Coins.
If ample orders are fulfilled by the Pre-Order deadline, GSC will confirm the Group Buy.
HOW IT WORKS
- GSC accumulates Group Buy orders
- If minimum order of 10 items are fulfilled upon deadline, GSC will confirm Group Buy
- When items are here, GSC will inform clients that their orders are ready for collection
We have added Pre-loved Gold Jewellery as a new product range at competitive prices WITHOUT WORKMANSHIP!
From purity 24K to 20K, covering most of the category of jewellery for example: bracelet, necklace, pendant, ring etc.
Do you know that in Korea, gold’s unit of measurement is termed “Don”?
1 Don = 3.75g.
Koreans have valued gold for centuries and it has been a long lived tradition to give out gold rings, bracelets, necklaces to babies celebrating their first birthday (in Korean it’s called “dohl”).
We have some very unique Pre-loved Korean jewellery that suit perfectly as Baby Shower Gift as well.
Apart from that, we have other auspicious jewellery that you might want to bring it home. Feel free to check out our Pre-loved Gold Jewellery here.
We will update our jewellery periodically, don’t miss out our latest offerings!
The 2018 South African Krugerrand Silver Coin 1oz has been GST Exempted as of 17 Jan 2019.
Purchase your piece of 2018 South African Krugerrand Silver Coin now before we completely sell out for this iconic pure 999 silver coin!
Limited Quantities available and whilst stocks last!
Thank you for participating the first week of our 2018 Royal Mint Britannia Month Giveaway!
The Winner for Week 1 is Desmond Tan (SXXXXX61I)
Desmond tripled his chances of winning when he bought via our GSC Live! platform. So do it like Desmond and purchase via our GSC Live! platform to increase your winning odds!
We still have 3 more pieces of the 2019 Royal Mint Britannia Platinum Coin 1oz up for grabs so don’t miss out on this opportunity!
WEEK 2 OF BRITANNIA MONTH GIVEAWAY HAS BEGUN!
We still have 3 more pieces of the 2019 Royal Mint Britannia Platinum Coin 1oz to Giveaway so don’t miss out on this opportunity to bring home your free Britannia Platinum Coin 1oz!
For Week 2, please submit your order online or via our GSC Live! platform from 12 Nov 18, 10am to 18 Nov 18, 11:59pm and we’ll announce the winner on 19 Nov 18, 12pm.
We hope you will be our next lucky winner 🙂
Click here to learn more on how to participate in our Britannia Month Giveaway
This is a group for anyone interested in understanding and pursuing Numismatic knowledge. We will be sharing educational information on Numismatic Gold and Silver Coins, their purposes in the market and how you can turn your interest into an investment as well!
For this meetup, we will be covering Advanced Numismatic Topics on
- How to Navigate through PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation) website to fully utilize their Online Resources to be an informed Numismatist
- Coin Focus: $20 St Gaudens Gold Coin. We will discuss the design, rarity, and history of this coin
WHY NUMISMATICS?
Numismatics is the proper term for collector coins having added value to their collectors as beautiful, old, precious, rare items, in addition to the value of the metal they contain.
This meetup will be more hands-on with live demonstrations on utilizing the grading websites and on the iconic $20 St Gaudens Gold Coin.
TOPICS COVERED FOR THIS ADVANCED NUMISMATICS MEETUP:
- Navigating through PCGS Website
- Navigating through NGC Website
- Coin Highlight: St Gaudens Gold Coin
We will also cover a short 5 minutes overview of how the Precious Metals Market has been doing over the past week.
NUMISMATICS SPECIALIST:
Stephen Thorson
An investor of Gold, Silver, Platinum and Palladium Precious Metals for 27 years, Stephen Thorson has accumulated a vast and thorough knowledge when it comes to Numismatics.
–
So come join us!
Extremely popular with investors, the Perth Mint Lunar Series II featuring a collection of Gold and Silver coins are Perth Mint’s flagship range. The designs based on the 12-year Zodiac Animals are a huge hit with coin collectors and bullion investors internationally, and has created a craze for avid fans to complete their gold and/or silver lunar coins from new releases each year.
PERTH MINT WEEK – EXCLUSIVES FROM OUR SEALED VAULT
From 1st October 2018 (Monday, 10am) to 8th October 2018 (Monday, 10am), we are releasing never-seen Perth Mint Lunar Silver and Gold coins of extremely limited quantity (most already have declared mintages) in our online store. All coins are in mint condition and comes individually encapsulated in a tight plastic capsule.
We would be releasing Pre-Orders for the 2019 Australian Lunar Pig Silver Coins as well!
The Lunar 1oz Silver Coins have a mintage of 300,000 and have consecutively been sold out, usually within days or a week after their launch dates.
For easier references on the mintage of our Perth Mint Lunar Series available on our website, we have compiled the declared mintages at the end of this post for you.
TRADE IN YOUR SILVER COINS & TOP UP A SMALL AMOUNT FOR PERTH MINT ITEMS!
Trade in your LBMA Silver Coins 1oz (Canadian Maple Leaf, Philharmonics, American Eagles) for a HIGHER buyback price and top up the price difference to get your hands on the limited mintage Perth Mint Silver Lunar series coins.*
Buyback prices will be based on the bid spot price on our website with no further discounted prices on your buyback items. This means that you get to sell your coins at higher prices, while unlocking the chance to purchase limited mintage silver coins.
*Please refer to our Terms & Conditions below for this arrangement.
Don’t miss out on completing and adding onto your collection!
Look out for the Perth Mint week on 1st October 2018, Monday at 10am!
| YEAR | COIN DESCRIPTION | DECLARED MINTAGE |
| 2012 | 2012 Australian Lunar Dragon (Lion Privy) Silver Coin 1oz | 200,000 |
| 2012 | 2012 Australian Lunar Dragon Silver Coin 2oz | 118,738 |
| 2013 | 2013 Australian Lunar Snake Gold Coin 2oz | 6,693 |
| 2013 | 2013 Australian Lunar Snake Silver Coin 1/2oz | 160,616 |
| 2013 | 2013 Australian Lunar Snake Silver Coin 1oz | 300,000 |
| 2013 | 2013 Australian Lunar Snake Silver Coin 2oz | 56,133 |
| 2013 | 2013 Australian Lunar Snake Silver Coin 5oz | 20,552 |
| 2013 | 2013 Australian Lunar Snake Silver Coin 10oz | 28,213 |
| 2013 | 2013 Australian Lunar Snake Silver Coin 1Kg | 32,083 |
| 2014 | 2014 Australian Lunar Horse Silver Coin 1/2oz | 249,155 |
| 2014 | 2014 Australian Lunar Horse Silver Coin 1oz | 300,000 |
| 2014 | 2014 Australian Lunar Horse Silver Coin 2oz | 112,801 |
| 2014 | 2014 Australian Lunar Horse Silver Coin 5oz | 31,232 |
| 2014 | 2014 Australian Lunar Horse Silver Coin 10oz | 29,983 |
| 2014 | 2014 Australian Lunar Horse Silver Coin 1Kg | 39,100 |
| 2015 | 2015 Australian Lunar Goat Silver Coin 1/2oz | 188,442 |
| 2015 | 2015 Australian Lunar Goat Silver Coin 1oz | 300,000 |
| 2015 | 2015 Australian Lunar Goat Silver Coin 2oz | 61,843 |
| 2015 | 2015 Australian Lunar Goat Silver Coin 5oz | 16,920 |
| 2015 | 2015 Australian Lunar Goat Silver Coin 10oz | 26,932 |
| 2015 | 2015 Australian Lunar Goat Silver Coin 1Kg | 25,536 |
| 2015 | 2015 Australian Lunar Goat Silver Proof Coin 1oz | 8,500 |
| 2016 | 2016 Australian Lunar Monkey Silver coin 1/2oz | 233,615 |
| 2016 | 2016 Australian Lunar Monkey Silver coin 1oz | 300,000 |
| 2016 | 2016 Australian Lunar Monkey Silver coin 5oz | 23,486 |
| 2016 | 2016 Australian Lunar Monkey Silver Proof Coin 1oz | 4,176 |
| 2016 | 2016 Australian Lunar Monkey Silver 3-Coins Proof Set 3.5oz | 1,000 |
| 2017 | 2017 Australian Lunar Rooster Silver Coin 1/2oz | 114,537 |
| 2017 | 2017 Australian Lunar Rooster Silver Coin 1oz | 300,000 |
| 2017 | 2017 Australian Lunar Rooster Silver Coin 2oz | 32,967 |
| 2017 | 2017 Australian Lunar Rooster Silver Coin 5oz | 12,331 |
| 2017 | 2017 Australian Lunar Rooster Glided Proof Silver Coin 1oz | 4,677 |
Terms & Conditions for Buyback Arrangement during Perth Mint Week:
- Condition of the coins must be in good condition, as determined by GSC staff
- Not limited to 1-1 quantities, Clients can sell as many LBMA Silver Coins 1oz as they wish and purchase as many Lunar Series Coins as they wish to.
Interested in collecting beautiful pieces of historical Gold and Silver Coins but don’t know where to begin? Then this meet up is for you!
This is a group for anyone interested in understanding and pursuing Numismatic knowledge. We will be sharing educational information on Numismatic Gold and Silver Coins, their purposes in the market and how you can turn your interest into an investment as well!
WHY NUMISMATICS?
Numismatics is the proper term for collector coins having added value to their collectors as beautiful, old, precious, rare items, in addition to the value of the metal they contain.
Investments in Numismatics enhances your leverage potential which could result in twofold, threefold and even more, regardless of market fluctuations. We will be covering the topics of Diversification, Profit Potential, and Aesthetics.
We’ll be featuring Numismatic Gold coins such as the Saint Gauden and liberty head during the meetup. Here’s a video teaser on our St Gauden Gold Coins!
TOPICS COVERED FOR THE INTRODUCTION:
• Introduction to Numismatics
• Grading and Numismatic Leverage
• Numismatic Pricing and Value Variables (Mintage and such)
• Which Gold and Silver Coins to collect/invest in
We will also cover a short 5 minutes overview of how the Precious Metals Market has been doing over the past week.
NUMISMATICS SPECIALIST:
Stephen Thorson
An investor of Gold, Silver, Platinum and Palladium Precious Metals for 27 years, Stephen Thorson has accumulated a vast and thorough knowledge when it comes to Numismatics.
–
So come join us!
Revealing our First Batch of 2018 Silver Krugerrands!
Our first tubes of 2018 Silver Krugerrands are here! Watch this video to get a first look at the design of this iconic Silver Coin.
We are happy to announce that we have added a new payment method for our products and services: PayNow 🎉
What is PayNow
PayNow is a peer to peer fund transfer service that allows you to transfer funds to 9 participating banks in Singapore:
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 OCBC Bank |
 UOB Bank |
 Citibank |
 Maybank |
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This enables you to send payments to GoldSilver Central using your bank’s existing internet banking or mobile banking app via PayNow.
All you need is GoldSilver Central’s PayNow QR Code or UEN (Unique Entity Number):
UEN: 201107187N
Why use PayNow for payments to GoldSilver Central:
- No bank charges/additional charges to you*
- Transfer Limit of S$ 200,000 per transaction**
- Multiple transactions are accepted
- Transactions are almost immediate
- 24/7 availability
- Safe and Secure
*Please note that this would be applicable from now until 31 December 2019.
**The transfer limit would depend on your own limits set for your Fund Transfer Limits in your Online Banking Account.
How to use PayNow to make payments/funds transfers
- Log into your Bank’s existing Internet Banking Platform/ Mobile Banking app. (For each bank’s instructions on using PayNow, you can click on your bank’s icon above to be directed to their designated PayNow information page)
- At PayNow transfer screen, you can either scan the GoldSilver Central PayNow QR Code or choose Unique Entity Number and key in our UEN: 201107187N.
- Key in the Amount to be transferred.
- Confirm that the recipient of the funds is GoldSilver Central, and send the money. It will be transferred almost instantly.
- The status of your transfer will be shown in your existing Internet Banking Platform/ Mobile Banking app.
https://www.abs.org.sg/videos/File-System/paynow_send-money-demo-video_final.mp4?_=1
And that’s it!
The QR code and UEN Number will be updated on our website’s FAQ under Regarding Payment – What are my payment options, and on our Standard Settlement Instructions (SSI) available in Resources.
Celebrate Singapore’s 53rd Birthday with our National Day Specials!
From 24 July 2018 to 10 August 2018, we are having a promotion on our popular products and NDP Features! Click here to see our promotions.
For the first time in 51 years, the iconic Krugerrands are now available in Pure Silver.
Originally available as 916 Gold, the Krugerrands are now available in Pure Silver (999 Purity) in 1 troy ounce denomination.
The Silver Krugerrands will be produced with unlimited mintage as a Brilliant Uncirculated Silver Coin with a denomination of 1 Rand and is guaranteed by the South Africa Mint.
A little information about Krugerrands
Krugerrands possess a rich history. The gold coins were first minted in 1967 and they accounted for 90% of the global gold coin market by 1980. Since their first year of production, more than 50 million ounces of Gold Krugerrands have been sold and traded globally. It was even the number 1 choice for investors worldwide looking to include gold in their financial portfolio during the bull gold market in the 1970s.
It was only in 2017 that Silver Krugerrands were introduced into the market in celebration of the coin’s 50th anniversary. The 2017 Silver Krugerrands were only available in Proof quality.
Now, for the first time in history, the Silver Krugerrands are now available as Brilliant Uncirculated Silver coins with low competitive bullion premium pegged directly to spot prices.
Silver Kruggerand’s Status in Singapore (to date)
Currently, the 2018 South Africa Krugerrands are taxable. We expect them to be exempted from tax later this year.
You can purchase the Silver Krugerrands from us at the Freeport and take physical delivery at a later date this year. Precious Metals stored at the Freeport are not subjected to tax.
About Freeport Storage Option
Upon checking out via this option, you would be purchasing into our 2018 South African Krugerrand Silver Coin 1oz inventory stored at the Freeport. You can request to take physical delivery of your coins, but please note that tax will be payable at this current point of time. By selecting this option, you would be given 6 months worth of secured storage from your point of purchase charged at only S$0.20.
Additional storage charges would be payable upon the end of the 6-months storage.
Please click on the banner on to know more about the Freeport Storage Option:
For more clarifications, please drop us a call at +65 62229703 or email us.
The 2018 South Africa Krugerrand Silver Coins are available as single coins or mint tubes (25 silver coins each) or in monster boxes (25 tubes, 500 silver coins).
Plastic Capsules sold separately.
Pre-Order your 2018 South Africa Krugerrand Silver Coin 1oz now!
It’s time to let us know who you think will be the winning team for the Third Match of our Football Specials 2018!
Products Up for Release:
3rd Match Details:
Name of Match: England vs Belgium
Match Date: 29 June 2018, Friday, 2am
Promotion Period: 30 June 2018, Saturday, 1pm to 04 July 2018, Wednesday, 5pm.
Need a recap on how the football specials work? Click here!
Click on the button below to participate in the Third Match (England vs Belgium) of our Football Specials 2018!
It’s time to let us know who you think will be the winning team for the Second Match of our Football Specials 2018!
Second Match Details:
Name of Match: Germany vs Sweden
Match Date: 24 June 2018, Sunday, 2am
Promotion Period: 25 June 2018, Monday, 1pm to 28 June 2018, Thursday, 5pm.
Click on the button below to participate in the Second Match (Germany vs Sweden) of our Football Specials 2018!
Hari Raya – A timely occasion to give special gifts to loved ones to show appreciation and affection.
In celebration of Hari Raya, we are having promotions on Gold and Silver Bullion and Jewellery from 6 June to 24 June 2018!
We now accept DBS PayLah! for our online payment for enhance ease and convenience when it comes to making payments for your online orders, or your storage fees or your GSAP payments (basically any payments required to GoldSilver Central) without any additional charges.
How to use DBS PayLah! for online payments:
Instructions
- Open your DBS PayLah! app on your mobile devices.
- Select the “Scan QR” icon on your screen.
- Scan the PayLah! QR code above (or click on the image for a bigger resolution)
- Enter the Amount and do indicate your order number in the message.
- Press “Next”, re-confirm the information and press “Let’s Go!”
- Your transaction confirmation will appear in the next screen.
Still unsure and need an elaborate walkthrough?
Here you go:
Elaborate Walkthrough on How to use DBS PayLah! Online Payment
- Open your DBS PayLah! app on your mobile device and select the “Scan QR” icon your screen:
- Scan the GSC Pay Lah! QR code:
- Input the amount for payment, indicate your order/invoice number in the details field and select Next button
- Review and check your transaction and then select “Let’s Go!”. You will see a processing page:
- Your transaction has been confirmed:
Don’t have a DBS PayLah! Account and interested to get one?
Dear customers, please take note that our retail shop will be closed this Saturday (24 Mar 18). The whole team will be at the Singapore International Coin Fair 2018 (Booth R31 and R32)! See you there!
WE ARE BACK FOR SINGAPORE INTERNATIONAL COIN FAIR 2018!
Yes, we are back for our annual participation in the Singapore International Coin Fair 2018 from 23 March 2018 (Friday) to 25 March 2018 (Sunday) at Sands Expo & Convention Centre, Hall A, Level 1 at Marina Bay Sands, Singapore!
Admission is free for all!
Opening Hours of Event:
23 March 2018 (Friday) – 10:30am to 06:00pm
24 March 2018 (Saturday) – 10:00am to 06:30pm
25 March 2018 (Sunday) – 10:00am to 05:00pm
This year, we will be showcasing GSC Numismatics and Austrian Mint for the coin fair and we will be at Booth R31 and R32
Expect extremely rare gold and silver pieces of history with our GSC Numismatics Division where we have Pre-1933 US Gold and Silver Coins sold individually or as Packages (Starter to Intermediate Level).
Not sure where to start your Numismatics Journey? Our GSC Numismatics Specialists will be present during the event to answer any pressing questions you have and more than happy to take you on your first foray into the hobby of kings. Our Pre-1933 Silver and Gold Coins include Slabbed and BU Peace Silver Dollars, Morgan Silver Dollars, $20 St Gauden Gold Coins, $10 Liberty Head Gold Coins and more at attractive prices just for the coin fair!
For the first time in Asia, GSC is honoured to feature Austrian Mint’s Kissed Awake Gold and Silver Jewellery Collection during this coin fair exclusively! These exquisite Gold and Silver Jewellery Pieces will be showcased for the first time in Asia and are for sale at our booth!
On top of the Kissed Awake Jewellery Collection, we will be bringing in your usual favourites from Austrian Mint such as the Guardian Angel Silver Coin Collectibles, Austrian Mint Bullion Bars and Coins, Wildife in our Sights Gold Coin Collectibles and more!
Last but not least, our standard Bullion Promotions for our China Pandas, Lunar Coin Series and more.
To get first dips and previews of our Coin Fair Promotions and to register your interest for Austrian Mint’s Kissed Awake Jewellery Collection, opt into our newsletter now:
Stay Tune for more updates from us!
Merry, Merry Christmas and a Happy New Year to you!
We will be closed on the following dates for the Holiday Period:
23/12/17 (Saturday) to 25/12/17 (Monday)
Business as usual from 26/12/17 (Tuesday) to 29/12/17 (Friday)
30/12/17 (Saturday) to 01/01/18 (Monday)
Business as usual from 02/01/18 (Tuesday) onwards
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Merry Christmas and Happy Holidays!
It’s the time of the year again!
Our 2018 silver, gold and platinum bars and coins will be coming in soon in batches in the next few months and you can indicate your interest by clicking on the button below:
Here are the products indicated in the form (we will be updating more items into the form as we get news of it):
Item: 2018 Australian Lunar Dog Silver Coin
Denomination: 1kg, 10oz, 5oz, 2oz, 1oz, 1/2oz
Item: 2018 Australian Lunar Dog Gold Coin
Denomination: 2oz, 1oz
Item: 2018 Australian Koala Silver Coin
Denomination: 1kg, 10oz, 1oz
Item: 2018 Australian Kookaburra Silver Coin
Denomination: 1kg, 10oz, 1oz
It’s official! We are closed just for this Saturday (16 September 2017) as we are moving to our new office.
Please note that we will NO LONGER BE located at 18 Cross Street #01-24 China Square Central from Monday (18 September 2017) onwards and our NEW ADDRESS is 03 Pickering Street #01-15/16 Nankin Row Singapore 048660.
For more information on our new office, please click here.
We are thrilled to announce that GoldSilver Central will be moving to a new retail-office location at 03 Pickering Street #01-15/16 Nankin Row Singapore 048660 in early September 2017.
*Update*: Our moving day is on 16 September 2017 and the office will be closed on Saturday.
For the past 5 years, our old office in China Square Central has served us extremely well. It supported us through our first tradeshow, the expansion of our team and many, many more milestones.
But, we have to keep up with the growing needs of our team and our customers – which mainly led us to the decision of relocating. We know we want to serve you better.
LOCATION FIGURE 1 & 2
GoldSilver Central’s new physical location features a retail storefront for our physical Gold, Silver and Platinum coins and bars collection. In addition, we will be displaying products from our latest venture: GSC Numismatics.
We are not far away from our old office, just a 5 minutes walk down China Street!
Directions to GSC NEW OFFICE from China Square Central
- Exit CHINA SQUARE CENTRAL from the TAXI STAND and walk towards the roundabout drop off point (it will be on your left).
- Turn left passing by the roundabout drop off point and walk to the shophouses. You should pass by the basement carpark entrance. CLUB MEATBALL will be right in front (shophouse at the corner).
- Walk onto CHINA STREET. Walk all the way straight – You will pass by SUSHI TEI (on your left), YA KUN (opposite) and 7-ELEVEN (on your left).
- At the corner of the shophouses before GREAT EASTERN BUILDING, turn Left. (Carpark Entrance will be on your right)
- You have reached our new office!
Our new address is 03 Pickering Street #01-15/16 Nankin Row Singapore 048660.
After 5 years since we launched our Ecommerce website, we are extremely pleased to present our newly revamped website, designed and adapted to a more modern feel and more importantly, a clearer picture of our full range of products and services that we provide to you.
Do let us know how you feel about the new website by submitting your feedback via our contact us page!
With effect from 01 Sep 2016, there are new qualiying coins that are exempted from GST and revisions to the ‘Spot Price Criterion’ for Bars
Effective 1 October 2013, UOB Instalment plan* will be revised accordingly:
6 – Month – 2.3%
12 – Month – 3.3%
24 – Month – 4.3%
* Terms and conditions apply
Opening Hours
Monday – Friday, 10am to 5.45pm
Saturday, 10am – 12.45pm
Dear valued customers, if you wish to purchase more than 600 ounces of silver bullion or 16 ounces of gold bullion, please drop us a line or visit us at our office and we will be more than happy to serve you.
Dear Clients, please be informed that there is a new requirement regarding cash transactions by the Singapore Government with effect from 15th October 2014.
Under the amended Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, the Precious Stones and Metals Dealers (PSMDs) are required to submit a Cash Transaction Report (CTR) to the Suspicious Transaction Reporting Office (STRO) when conducting any cash transaction with a value, or any 2 or more related cash transactions in a single day with a total value, that exceeds SGD 20,000 (or its equivalent in foreign currency), with a customer for the sale of any precious stone, precious metal or precious product. This requirement is part of Singapore’s overall effort to combat money laundering and terrorism financing.
