On the occasion of the 80th anniversary of National Day on September 2, many business brands such as Ancarat and Phu Quy have launched souvenir products, attracting great attention from people and investors.
Mr. Nguyen Trung Anh - Chairman of Ancarat Precious Metals JSC - said: "We launched a total of 5,000 limited edition silver products on September 2, of which 3,000 were sold online and 2,000 were distributed through dealers and stores. Notably, the first version of 3,000 online products was fully booked in just 30 minutes. Purchasing power is far beyond expectations, mostly coming from young customers" - Mr. Trung Anh shared.
According to Mr. Trung Anh, the special attraction of the silver edition to celebrate National Day 2.9 comes from many factors such as the selling price is calculated according to the world silver price, along with luxurious containers, commemorative meaning and free processing policy. Therefore, the product has both preservation value and a strong historical imprint.
The 5-volume silver bar version was manufactured by the enterprise from whole- block silver, 999 pure content, carved with Dong Son bronze bridge patterns. Each publication costs 7.665 million VND according to the price list announced to open for sale on August 26, placed in a wooden box with a certificate card.
Phu Quy Jewelry Group also launched a silver product to commemorate the 80th anniversary of the National Day, crafted from 999 silver, engraved with a bronze drum and the symbol of the festival. The product is packaged in a hardtop, with a certificate, and is available for sale at 7.3 million VND/barrel.
In less than 8 hours of opening for sale, all 9,999 silver bars opened for sale were ordered. Thus, it is estimated that in just 8 hours, people have collected and bought equivalent to 1.875 tons of silver sold by this unit. Phu Quy representative said that currently, customers who want to own this product can only go to an authorized agency or buy through a transfer.
On social networks, in silver investment groups, many people are looking to buy and sell because they cannot order when the souvenir silver coins are on sale.
Mr. Nguyen Van Anh (Cau Giay - Hanoi) shared: "I want to buy two pieces, one as a souvenir and one as a gift for my mother. If you buy gold and silver, you don't worry about losing value, it has a commemorative meaning. However, because they did not mind buying, everyone ordered them all. I am currently looking to buy from people who want to resell, but the price is much higher than the store's price".
The fact that silver products released during the 80th anniversary of National Day were "sold out" just a few hours after opening for sale shows that domestic investment demand and treasure collection are increasing strongly. store-bought silver and souvenir silver products in limited quantities are increasingly popular.
Since the beginning of the year, domestic silver prices have continuously increased sharply. Silver bars have become an attractive investment channel, when people find it difficult to buy gold bars.
If calculated in the past 12 months, domestic silver prices have increased by about 40%, currently trading around 1.54 million VND/tael. Despite a few corrections in late July and mid-August, many investors are still optimistic that silver still has room to continue to move up in the coming time.
At the end of the trading session of the week, the price of 999 999 coins (1 tael) at Ancarat Golden Rooster Company was listed at 1.511 - 1.547 million VND/tael (buy - sell). The price of 2024 Ancarat 999 (1kg) silver bars at Ancarat Metallurgy Company was listed at 40.294 - 41.254 million VND/kg (buy - sell).
Meanwhile, the price of 999 coins (1 tael) at Phu Quy Jewelry Group was listed at 1.521 - 1.568 million VND/tael (buy - sell).
The price of 999 taels (1kg) at Phu Quy Jewelry Group was listed at 40.559 - 41.813 million VND/kg (buy - sell).
