Since 2018 The Royal Mint has been evolving its business to help offset declining cash use. As Britain followed the rest of the world in decimalising its currency, the Mint moved from London to a new 38-acre (15 ha) plant in Llantrisant, Glamorgan, Wales, where it has remained since. The Royal Mint operated within the Tower of London for several hundred years before moving to what is now called Royal Mint Court, where it remained until the 1960s.
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The Royal Mint was historically part of a series of mints that became centralised to produce coins for the Kingdom of England, all of Great Britain, the United Kingdom, and nations across the Commonwealth. As well as minting circulating coins for the UK and international markets, The Royal Mint is a leading provider of precious metal products. Operating under the legal name The Royal Mint Limited, it is a limited company that is wholly owned by His Majesty's Treasury and is under an exclusive contract to supply the nation's coinage. It is the oldest company in the United Kingdom and is currently located in Llantrisant, Wales, where it moved to in 1968. I also agree to waive any charge-back rights in the event of a dispute.The Royal Mint is the United Kingdom's official maker of British coins.I cannot receive a refund from Bullion Trading LLC, nor can I request the funds from my credit card company.Dispute resolution: I understand that all sales are final.In the event of a dispute, and I request for a refund it must be made through the Bullion Trading LLC Arbitration Procedure described herein under Bullion Trading LLC. I understand and agree that should I dispute the credit card charge through my credit card provider, I will have breached the contract as well as committed a credit card fraud.If Using A Credit Card You Are Agreeing To The Following Terms: Over $25,000.01 should be paid by bank wire and must be received within 1 business day from the time the order was placed.Orders ranging from $10,000.01 to $25,000 should be paid by bank wire, certified check, and must be received within 2 business days from the time the order was placed.Orders ranging from $5,500.01 to $10,000 should be paid by bank wire, certified check, cashier’s check, money orders, or personal check, and must be received within 2 business days from the time the order was made.Orders ranging from $1,000 to $5,500 should be paid via any option listed above and must be received within 2 business days from the time the order was made.The method you use to pay us is determined by the number of bullion coins and bars you are willing to buy from us as follows: If the price goes down we charge a market loss fee which is equal to the amount BULLIONTRADING LLC would have lost because of the unpaid order.īullion Trading LLC only accepts payments in the form of bank transfers, certified checks or personal checks. However, if the price of bullion coins and bars stays the same, we usually don’t enforce our market loss policy because we don’t incur losses. This gives us an avenue to compensate ourselves for losses in the event a customer places an order and then fails to pay. We also will ask for immediate confirmation of the amount locked in. To remain transparent and protect ourselves from risk we might require credit card information from every customer even if payment will be received through a different channel.
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If this happens you will pay for the loss caused by a decline in the price of gold after a sale is made plus a cancellation fee of $35.00. It is your responsibility to offset this loss if your order is canceled and your funds are returned.
If you cancel, and then gold prices decline you make us incur a loss. The moment you place an order an invoice is generated. Once an order is placed, prices are locked and not subject to market conditions. This means that you will incur penalties for ordering, having an invoice generated, and then bailing out. To protect ourselves we have implemented a market loss policy. We also count the bullion coin or bar as sold and will have hedged ourselves accordingly.Ĭustomers who place orders, have invoices generated, and then cancel thereafter make us incur losses.
We generate an invoice immediately the deal is sealed either through our website or phone. An order starts when you finalize the deal with our agents, not when the payment is made.
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