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 bullion broker 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. A specific quantity minimum exists for the various precious metal(s)
4. Due to the nature of the gold and silver bullion
markets and supplier settlement requirements, wire transfers must be
received within 36 hours of WCM price lock or WCM Invoice
All orders are non-cancelable, since WCM makes a
financial commitment to his distributor at the time of order
See clauses #7 and #9 below).
5. Payments may be made
ONLY BY Bank Wire. ALL FORMS OF PAYMENT
IN "PAPER" FORMAT ARE NO LONGER ACCEPTED BY WCM.
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 if the price quoted is not shown as
"Delivered". 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
8. Virginia Residents ARE NOW EXEMPT FROM THE 5.3% Virginia
Sales Tax FOR PRECIOUS METALS BULLION PURCHASES AS OF JULY 1, 2015.
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 bullion broker 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 the broker's wholesale value on gold bullion
products, 1.7% on silver bullion products, and 1.5% on
platinum-group bullion products. The bullion broker will consider fee
discounts for high volume clients.
Delays in shipment of bullion product purchased from WCM
sometimes occur due to a shortage of refined/minted product
available throughout the bullion industry.
This type of situation is outside of the control of WCM, and
for the purpose of this agreement, is considered “force majeure”
without penalty to WCM.
Every effort will be made to expedite bullion shipments to
clients, but it is the client’s sole responsibility to be
available and to make every effort to receive shipment via carriers
such as UPS Ground, USPS Registered Mail, or FedEx Ground when delivery is