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I have a Gold Bar Buyer who is extremely aggressive

  • USA USA  
  • Last Updated:
    Posted on: 14 Jan 2024

RFQ Details

I have a buyer who is extremely aggressive and looking for as many Legit Gold Purchases as they can get their hands on.
Must be direct to Seller's Mandate who is a signatory. No Broker Chains.

Please note that we only deal with mandates as we do not pay intermediary fees. In addition, please find our requirements below as follows:

Buyers Procedure to buy gold

We must receive your SCO in advance that acknowledges our buying procedures in advance with NO BUYER INTERMEDIARIES INVOLVED:

Gold must be physical gold
A . Commodity: Aurum Utalium (AU) Bullion-physical stock (GLD Specification)
B: Form: 12.5 kg bar (each size of bar requires a separate FORMAL OFFER TO SELL GOLD BULLION).
C: Fineness: 999.5 or better.
D: Hallmark: Internationally accepted hallmark (xxxxx Johnson Matthey, Engelhart, Swiss Bank Corp, Credit Suisse)
E: Quantity: Any in Metric Tons.
F: Lifts: To be mutually agreed, between the BUYER'S and the SELLER'S, and the BUYER'S BANK and the SELLER'S BANK.
G: Delivery: to REFINERY or to our warehouse in Belgium or Canada.
H: Price: Second London Fix (London Metal Exchange) on the day of delivery MINUS the Discount.
I: Acceptable Discount minimum: 6% Gross and 4 % Net to the BUYER
J: Payment: All payments will be in United States Dollars or in Euro and will be remitted via Letter of Credit to the Seller - Co-ordinates designated. Or by SWIFT transfer - Bank designated. Payment shall take effect after the delivery of the Gold no payment shall be made before the commodity is fully delivered and verified at the foundry. Some seller expect to receive payment as soon as the gold is put on the plane, we do not operate in this fashion, we must test the purity of the metal before we release payment. Payment is generally released 72 hours after the shipment has reached its destination.
K: Transaction: Will only be handled on a "Bank to Bank" basis. Seller's bank confirms Commodity, Buyer's bank confirms capability of payment.
Best Regards,
Nicole R. Anderson
5280 Enterprises, Inc.
303-981-0570 Cell (MST)
1-888-888-0921 Fax
YahooIM: e5280inc
Skype: e5280inc