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WCM
BULLION PRODUCTS
1. All
Precious Metals Bullion Products offered by Wexford Capital
Management are guaranteed to be authentic.
2. The WCM Bullion Prices listed on this website are representative
only and are subject to change based upon market
conditions. Every effort will be made to post significant price
changes (especially premiums over melt value). As a result,
the advisor cannot guarantee that actual quoted "ask"
prices by telephone or email will match those listed herein. A
confirmed order from a client, with subsequent issuance of a WCM
INVOICE, is required for "locked prices" per bullion
product item to be provided by WCM.
3. Minimum order size, per invoice, is currently $5,000.
4. Due to the nature of the gold and silver bullion
markets, mailed payments via check/draft must be received by WCM
within 5 business days of invoice date; wire transfers must be
received within 36 hours of WCM price lock or WCM Invoice
issuance. All orders are non-cancelable, since advisor makes a
financial commitment to his distributor at the time of order
confirmation.
5. Payments may be made by Personal Check, Corporate Check,
Cashier's Check, Bank Draft, or Bank Wire. All Personal and
Corporate Checks require a mandatory 7-Day Hold after receipt by WCM
for depository clearing. Payments by Bank Wire are the most
expeditious means of payment, shortening
"time-to-shipment" by 7 to 10 days, AND are required
for orders of $10,000 and above. Our mark-ups over
wholesale are too low to permit credit card fees.
6. Shipping and insurance charges, if applicable, are invoiced
in addition to the final "locked price" for bullion
product prices. Storage and insurance after receipt of
shipment is the sole responsibility of the client.
7. All WCM Bullion Coin and Bar sales are final due to the
highly variable nature of gold and silver bullion prices,
notwithstanding the guarantee of authenticity for each bullion
product sold.
8. Virginia residents must be invoiced for the 5.0% Virginia
Sales Tax.
9. All Bullion Coin and Bar purchases from WCM are legally binding
transactions upon client who herein agrees to compensate WCM for
actual out-of-pocket costs to sell back "purchased" items
to its distributors should client not fulfill his or her obligation
to make timely and complete payment under these Terms of Sale.
10. The advisor can not guarantee direct repurchase of WCM
Bullion Coins and Bars, but will attempt the brokered sale of such
material at the fee rates stated herein, market conditions
permitting. For both purchase and sale transactions, WCM's fee
is currently 1.1% of advisor’s wholesale value on gold bullion
products, 1.7% on silver bullion products, and 1.5% on
platinum-group bullion products. The advisor will consider fee
discounts for high volume clients.
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