How Do I Buy/Sell?
Please read these instructions very carefully.
How to Buy Precious Metals from The Moneychanger
- To enter an order, call us at (888) 218-9226. While we are on the phone we will work out an order, based on the current prices of gold and silver. When we come to an agreement, we lock in the price, and give you a contract number. That contract legally obligates us to sell and you to buy at that price, regardless of what later happens in the market. If you buy and gold soars to $10,000 an ounce, you still bought at that contracted, locked in price. If gold gets so cheap they start paying people to haul it off to the dump in trucks, you still bought it at that contracted, locked in price. Just like buying stocks or bonds, we cannot cancel or change the contract once we have entered into it.
- After you enter your order, you must send payment within forty-eight (48) hours by personal check or bank wire. If you send a personal check, we will ship your order 10 business days after we receive your check (regardless of when your check clears). Generally you will receive your order (by registered mail or UPS) about four weeks from the day we write your contract. If you send a bank wire, we must charge you $10.00 to receive that wire (your bank will charge about $25.00 to send the wire), but you will receive your order in about 2 weeks from the day you enter it.
How To Sell Precious Metals to The Moneychanger
- Selling to us is just like buying. Call us at (888) 218-9226 and we will quote you a current price for whatever you want to sell. If you decide you want to sell at that price, while we are on the phone we will write a contract (locking in the price) and give you a contract number. That contract legally obligates us to buy and you to sell at that price, regardless of what later happens in the market. If you sell and gold soars to $10,000 an ounce, you still sold at that contracted, locked in price. If gold gets so cheap they start paying people to haul it off to the dump in trucks, we still bought it at that contracted, locked in price. Just like buying stocks or bonds, we cannot cancel or change the contract once we have entered into it.
- Once the order is entered, we will give you specific instructions on how to package, insure, and ship your coins. When your package(s) arrive, we will verify the count and content of your shipment, and send you a check within 24 hours. You will receive your check about two weeks from the day you sell coins to us.
The contract that we write with you, whether buying or selling, is legally binding. You bind yourself to pay all costs we may incur if you fail to fulfill your obligation under the contract.