Our Buy Back Policy and Approach

All content on this First Avenue Bullion page is  provided for information purpose only. It is not intended as any form of advice, whether legal, accounting, investment, financial, economic or tax. Therefore it cannot be relied upon as such in any way form or shape. To buy or sell any financial instrument including but not limited to stocks, commodities, options, bonds, futures, or bullion. Should you require advice contact a licensed professional. Please note the content on this page is provided without any warranty, express or implied; Your use of this information provide on this page is entirely at your sole responsibility and own risk. In no event will First Avenue Bullion be held liable for any direct, indirect, special, or incidental.

Buy Back Policy and Approach

Our  bullion buyback policy is aimed to make selling your  bullion back to us as hassle and stress-free as possible in just five easy steps.

So here is How to know and understand the  1, 2, 3,4, 5 of bullion buy back with us.

Buying back bullion coins and bars is conditional on the level of stock,  we have on-hand of that particular type of product. However, if buy-back is considered, we will make an offer to the ‘seller’.

The transaction is structured around five very simple steps.

1. Send us an email outlining the (1) quantity, (2) type, and (3) the quality of bullion you wish to sell back to us. We require Original invoice(s) that we issued containing the product that you wish to sell back.

2. Once we agree to proceed with the transaction, we will forward an offer to purchase to you to complete. The offer to purchase will include the price offered on the item(s). This price offer is valid only for the day in which it is issued, and it is based on a combination of the live  Gold, Silver or Platinum spot price, and the Rand/US Dollar exchange rate or  Kwacha/US Dollar exchange. may be marginally lower.

3. Should you accept the buy-back offer, we will require that you forward to us a final invoice containing your details (Name, Surname, Address, Phone number) and a copy of your Identification. Please be sure to include our full company details that you will find on the original purchase invoice.

Should you not supply us with the above, our offer will automatically decrease by VAT  amount since we are vendors and we would be unable to claim the notional VAT amount.

4. We will send our courier to collect the parcel, the cost of which will be for your account (it will be deducted from the principal amount in our buy-back offer). Please ensure that the bullion is packed carefully and securely so that it does not get damaged during the transportation. Damaged bullion will not be accepted and it will be sent back.

5. Once the bullion is delivered to us, and it is thoroughly inspected to verify that the Gold, Silver and or Platinum is in the same condition as when it was purchased. We will send confirmation of success by email.  we will make payment within 72 hours via EFT directly into your account to finalize the transaction. It is important to recognize that we will not buy back damaged bullion. Please take a minute to read a few basic recommendations on how to take care of your bullion products to ensure the best possible price on sell-back.

Take Care of your metals

I. Although bullion products derive their value almost exclusively from the weight of its content, many investors and stackers avoid purchasing bullion products that are damaged. By damaged, I don’t mean merely scratches and dents, but also chemical marks and fingerprints. Therefore, to avoid losing money when selling silver back to us, it is important to consider a few points when it comes to handling and storing your bullion coins for optimum sell-back value.

II. Firstly, unless the  coin, round, or bar comes in a protective capsule or sleeve, always handle it with 100% cotton gloves. Finger prints on coins, as a result of the natural oils on the skin, can become rather unsightly, often turning yellow over time. These marks are difficult to remove without damaging the metal and it will affect re-sale value, even if only minimally.

III. Secondly, if you decide to handle your metal, please do so above a table with a towel or cloth underneath it in case you happen to drop the coin for instance. Coins that have dings on the rim as a result of a drop are usually lose much of its value above the spot price.

IV. Thirdly, store your coins in a dry place with no moisture.

All content on this First Avenue Bullion page is  provided for information purpose only. It is not intended as any form of advice, whether legal, accounting, investment, financial, economic or tax. Therefore it cannot be relied upon as such in any way form or shape. To buy or sell any financial instrument including but not limited to stocks, commodities, options, bonds, futures, or bullion. Should you require advice contact a licensed professional. Please note the content on this page is provided without any warranty, express or implied; Your use of this information provide on this page is entirely at your sole responsibility and own risk. In no event will First Avenue Bullion be held liable for any direct, indirect, special, or incidental.

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