Current Market Rates Per Ounce
November 20, 2008 5:23:18 PM PST
| USD $ | CAD $ | |
| Gold (AU): | 744.90 | 966.14 |
| Silver (AG): | 8.94 | 11.60 |
| Platinum (PT): | 761.50 | 987.67 |
| Palladium (PD): | 175.00 | 226.98 |
| USD-CAD Exchange Rate: | 1.297 | |
J&M Coin & Jewellery Ltd.
127 East Broadway
Vancouver, BC, V5T 1W1, Canada
Tel: (604) 876-7181
Toll Free Ordering: 1-888-244-9999
Fax: (604) 876-1518
e-Mail: jandm@jandm.com
Web: www.jandm.com
NOTICE: Due to the massive shortages of physical (real) precious metal bullion, the prices shown may not always be 100% accurate. We apologize for any confusion of inconvenience. We sincerely hope normal supplies will resume soon.
Buying bullion coins or bars from J&M is a simple matter but please read this page carefully before placing an order. Because there are some who would attempt to abuse the process there are some strict requirements in making a bullion booking.
IMPORTANT! Bullion prices fluctuate with the market so it is difficult to publish final buy and sell prices. Instead, this website will provide you with very close ballpark pricing that is updated regularly through the day from Monday to Friday. Because the markets are closed on weekends and holidays, this site is not updated at these times.
Visit the Products and Pricing section and find the items you wish to purchase. In that section you will find images and descriptions of the the items, followed by a list of the products with a current bid (buy) and ask (sell) prices. The list can be set to Canadian dollars (CAD), USA dollars (USD), or European euros (EUR). The bid price is what we would pay you, the ask price is what we are selling the items for.
To place an order, please call our toll-free order line at 1-888-244-9999 from anywhere in North America during J&M's normal business hours (9:30 am to 6:00 pm PST M-F, 9:00 am to 5:30 pm PST Saturdays) and our Bullion Order Desk will be at your service. Tell us what product(s) you would like to purchase or sell and whether you would like a price in Canadian or USA dollars and we will quote you an absolutely current price and confirm that we have sufficient inventory to fill your order. If we do not have the items available immediately, which we typically do, we will advise when we are expecting our next availability.
Assuming the price is agreeable, the next step is to confirm your booking by providing valid credit card details (Visa or Mastercard) as security. This locks in the price as protection for both yourself and J&M. You will be required to sign a booking contract. We will not charge you more if the price of the bullion goes up. It also means that we expect you to honour your booking if the price goes down. Should you default on the deal for any reason, we will charge or credit your card for the difference between the bullion price at the time of the confirmation and the time of the default.
NOTE: Because of the very small margins on bullion items, J&M does not typically accept credit card as payment for the bullion, only as security for the transaction. For smaller orders we may accept credit cards with an additional 2% surcharge. Orders paid for by credit card MUST be shipped to the billing address of the paying credit card -- no exceptions. Please ask the booking agent when you call.
The J&M salesperson will also ask about your shipping preferences and instructions. They will quote you current rates and options. You can also visit the Forms and Resources section of this website to find rates and options form the primary carriers. It is advised that bullion be shipped insured for obvious reasons.
Once the booking is confirmed, we will require a fax number that we can send a copy of our Bullion Booking Form with all the arrangements detailed so that you can make sure your name and address is accurate, sign it, include your credit card number (if not already provided), and then fax the fully completed form back to us within 15 minutes. Failure to return the form within 15 minutes voids the transaction. Alternatively, you can find a copy of this document in the Forms and Resources section of this website and can fill in the details as instructed by a J&M salesperson, or we can e-mail a copy of the form and have you scan, sign and e-mail it back. Please ask the booking agent for more details.
The vast majority of bullion orders are paid for by bank draft or direct deposit into one of our accounts, either CAD or USD (the account details required are included on the Bullion Booking Form. Regret we cannot accept cheques as payment. Once payment is confirmed and verified we will immediately ship your order. If depositing funds into our accounts or paying by draft, please include a personal contact at the bank's issuing branch to aid in verification. Failure to do so will likely cause delays or make the process impossible.
For British Columbia and Canadian residents: There are no taxes applicable on pure bullion (.999 or finer) purchases though GST would apply to shipping fees. Customers in the USA do not pay any taxes on any coins or bars. This does not apply to palladium coins and bars. .999+ palladium IS subject to G.S.T. in Canada.
If you have any questions about the process that are not answered here, please send an e-mail to inquire.
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