Bullion Desk

Our bullion desk welcomes your inquiry.  This is a great time to profit from your accumulation of non-numismatic coins and precious metal Ingots.  Let the money you have invested in these  precious metals continue to work  for you by letting us help you sell them at the very best current  prices, then re-investing in our  financed  precious metals program. 

Depending on the metal, coin dealers typically discount the purchase price of coins and ingots by 5% to 25% when buying from the public. LBCGold will purchase your precious metal products at  100%  of the daily quoted  “bid” price in effect at the time the  metal is received at LBCGolds counterparty office. Of course, you must agree on the price offered before the transaction  can be completed.  All prices are quoted   in U.S. dollars.  Price is predicated on the actual weight of the metal and not on it’s face value.  The proceeds from the sale of your metal will then be used to  fund  your new  account withLBCGold.  Our purchasing program does not include returning cash to you, only re-investing the proceeds of your sale  in our program.  We will assist you in establishing   a financed   bullion account so you can continue to  be  involved  in  the  precious  metals  market,  only in  a  much  more interesting and profitable way.

We also purchase unrecognized coins and ingots to establish a new account or increase the equity in an existing account.  However, there may be a need to assay them.  This is at the discretion of LBCGold. You would be advised of this prior to the completion of any transaction  as the cost of assaying would be yours. We do not accept jewelry or scrap precious metal to fund an  account.  Also, silver coins from 1968 forward, in fact, may not contain any silver.

After discussing with our bullion desk   which metals  you want to convert, we will give you an approval code which will be your last name and that days’ date (i.e. SMITH061210). This code must appear on the exterior of each parcel you send  to us.  Because of costs,  parcels  should be shipped by  insured Parcel Post only. Please advise us when you initiate the shipment and supply us with the tracking number.

Please refer to our homepage link  "Opening An Account" to access  our  new account application.  It must be completed in association with the sale and re-investment of  your precious metal funds  if you are a new customer.  You may have questions concerning  the terminology in the application, or need assistance in completing it. If so, contact our Customer Service Department at 1-888-422-0867 or e-mail us at customerservice@lbcgold.com. Please consider  the  possible  negative  consequences  of  unforeseen  market  corrections  before   investing.