Date: Fri, 09 May 2008 16:03:13 GMT
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e-Bullion® Bailment

Bailment

Terms and fees are negotiable for professionals within the metals trade/industry (i.e. Mining Companies and Mint Distributors).

Gold can fund your new account. e-Bullion® will accept and convert your physical metal into e-Bullion®. Currently, we accept: 

Hallmark grade (from a well-known refiner; i.e., Johnson & Matthey, Engelhard or Credit Suisse) Bullion Bars of .9995 Fineness (or better) in the following sizes:

Kilo (32.15) / 100oz troy / 400 oz troy


The following Gold Bullion Coins of .9999 fineness:

Canadian Gold Maple Leaf
Austrian Gold Philharmonic
Australian Gold Kangaroo (Nugget)

A fee of $3.75 per troy ounce will be assessed for assay testing (certification of chemical purity and quantity) of submitted bullion and will be deducted from the total for the transfer-exchange.

Your e-Bullion® account will be credited after assay, based upon the prevailing spot prices (exchange rates) in effect at the time of the confirmed trade.

Assay and processing of bailments can take from 3 to 7 working days.

Any bailment that fails to assay to the correct purity proportions (less than proper purity) will be refused as a bailment and bailee will then be responsible for any fees or charges incurred for return of bailment to bailee.

Bailee is responsible for any charges or fees to ship, transport or deliver bailment to a specific location (as specified by Goldfinger Coin and Bullion Inc.) for the assigned bailment order.

Bailee is responsible for safeguarding bailment while in transit. e-Bullion® Company, Goldfinger Coin and Bullion Inc. and Goldfinger Bullion Reserve Corporation will not be held responsible for lost shipments, wrong deliveries, insurance, reshipping, theft, duties, customs clearances, border crossings or other legal requirements for any and all orders in transit to the assigned delivery address.

Please check any international, federal, state or local rules and regulations that may apply to, affect or prohibit sending a bailment (precious metals) for processing.

Bailee is responsible for ensuring that the bailment is in compliance with all applicable rules and or regulations regarding shipment of precious metals through the US Mail or a Courier service (i.e. Brinks).


When you are Ready to Issue a Bailment

Please contact the Trading Desk at Goldfinger Coin and Bullion Inc. (GFCB Inc)  by telephone at (805) 482-4425 and request a confirmed trade for a bailment order to e-Bullion® Company.  

You will need to provide a Fax number where GFCB Inc can fax you an INVOICE for the bailment order.  This INVOICE will include the assigned trade number; the spot price in effect at the time of the order; delivery address; and will require your acknowledgement signature.

Once the order is executed with your signature you will need to return fax the order to GFCB to complete the trade.


Bailee acknowledges that your trade will be considered a binding agreement between e-Bullion® Company, GFCB Inc. and the Bailee to follow through with the bailment request and deliver the bailment according to the terms on the Invoice supplied. 

Bailee acknowledges that by bailing in precious metals for e-Bullion®, bailee will receive in return an amount of e-Bullion® (after applicable fees and charges).

Bailee acknowledges that a bailment order is not a storage order or storage agreement, and Bailee transfers ownership of the metals submitted for this order to e-Bullion® Company.

Bailee may not request, demand or expect return of the specific bullion traded. All bailments are rotated into reserve bullion inventory and become the property of e-Bullion® Company and e-Bullion.com account holders.

Contact the Trading Desk at Goldfinger Coin and Bullion Inc. www.goldfingercoin.com to make arrangements for acceptance of your bailment, and to receive complete shipping instructions. Tel. (805) 482-4425



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