You are acquiring physical gold coins and bars that will be delivered to your doorstep with USPS registered mail all insured or stored at an independent secure depository all insured and you have online access to your account 24 a day 7 days a week.
The value of a coin or bar. The Melt Value is calculated by the amount of metal multiplied by the spot price of the metal. For example, if a coin contains one ounce of gold and the spot price is $1,300 per ounce, the melt value of the coin is $1,300.
A market indicator that essentially reflects the price paid for a precious metal based upon immediate delivery. It can be construed as the theoretical value of the metal before converted into a bar or coin.
The amount charged above a coin or bar’s melt value.
Yes. Many BozGold clients choose to include precious metals as part of their retirement planning. Several types of precious metals may be held in your INDIVIDUAL RETIREMENT ACCOUNT [IRA]. Our Agent will educate you about all process.
We believe precious metals should be considered a long-term investment. While market conditions may dictate longer or shorter holding periods, we believe precious metals should be held for a minimum of 1-5 years.
BozGold requires your social security number for purchases in excess of $10,000 which are paid with: (1) cash; or (2) any combination of cash and cash equivalents (such as a cashier’s check,) where the cash equivalent’s face value is less than $10,000. This information is part of our IRS Form 8300 reporting requirements. Cash reporting requirements are set forth in IRS Publication 1544 available online at here