Investment risks

All investments involve risk – investing in gold and silver bullion coins, bars and rounds are no exception. The market for gold and silver bullion is speculative, highly volatile and subject to sharp price movements both upwards and downwards.  Investing in gold and silver bullion is considered a high risk investment that is not suitable for everyone. The spot price on the world market is affected by many economic and political factors as well as basic laws of supply and demand that can alter market sentiment overnight. Investors should have adequate cash reserves and disposable income before considering a gold or silver bullion investment. Be aware that just as the price trend of gold and silver bullion can appreciate for long periods of time it can also decline in value over long periods of time.

You shall indemnify and hold harmless Westminster Mint  and its affiliates, directors, officers and shareholders from and against any and all costs, damages, expenses, liabilities and obligations, including, without limitation, reasonable attorneys' fees, that you may incur as a result of, or in connection with, (a) any breach of any representation or warranty made by you to Westminster Mint or (b) your failure to comply with this User Agreement or the policies adopted by Westminster Mint.

All items are subject to prior sale and to being sold out. Westminster Mint reserves the right to cancel orders at any time and for any reason and to refund the original purchase price to the customer.

  
 
Terms and conditions of orders
 
Once you have placed your order to buy or sell gold or silver bullion online with Westminster Mint you have entered into a binding agreement. When ordering  online, the price at which your order is submitted is the final - locked-in price. Your order confirmation will be in your return email. You must ensure that your payment is received by Westminster Mint within three business days. 
 
When selling gold and silver bullion to Westminster Mint, once we have issued a confirmation number, the price is locked in for you and the transaction may not be cancelled, but only offset at our current buy price. We require all purchases to be shipped to us by the end of the following business day and that you supply us with a tracking number so we know the product is on the way. If you provide us with the registered mail or tracking number by email or phone and we do not receive the items within 5 business days and the delay is due to the USPS, UPS or Federal Express, we will extend the deadline on a case by case basis.
 
Payment Options
 
Westminster Mint accepts payment by credit card, bank wire, certified check, cashiers check, money orders or personal check. Credit card orders are reviewed on an order by order basis. Large credit card orders may be subject to additional documentation or screening and are subject to our approval. We can only ship orders paid for by credit card to the billing address of the credit card. We recommend paying by one of the other methods on orders more than $1,000.
 

Holding period of Cashiers checks, Certified checks and personal checks
 
We hold all checks and money orders for 10 business days from the date of deposit regardless of when the check clears your bank.It then takes a further 1-3 business days to ship your order.

Direct bank wire transfer is recommended. The minimum order size for Direct bank transfer is $2,000. 
 
Payment Instructions
 
Payment instructions are detailed on this website and will be sent by email after you place your order. Westminster Mint reserves the right to cancel orders that do not meet our requirements. Westminster mint does not accept C.O.D. orders or cash. We reserve the right to refuse or cancel any order deemed questionable or of significant risk to Westminster Mint regardless of payment method and price confirmation.
 
 
Cancellation of Orders
 
Once we have issued a confirmation number, all prices are locked-in whether buying gold or silver bullion from us or selling to us. It is not our intention to enter into buying and/or selling transactions, accepting the risks involved only to have them cancelled. However, we realize rare situations happen where orders need to be cancelled. Should you elect to cancel and/or offset your order, you must do so during normal business hours of 8:00 –5:00 CST Monday – Friday. All cancellations may only be approved over the telephone, at which time you will be given a cancellation number. At that time, if any market loss to The Westminster Mint has occurred, it will be calculated and added to the $50.00 cancellation fee. If applicable, you may elect to pay any market loss by credit card at that time or, we will invoice you in which you will have thirty days to pay the amount due in full. in full. Any market gain on cancellations shall remain the property of Westminster Mint. Failure to pay for an order or to deliver the precious metals to us
when selling will lead to the termination of the account and no further orders will be accepted.
 
 
Market loss Policy
 
When purchasing from Westminster Mint, once we have issued a confirmation number, the price is locked in for you and the transaction may not be cancelled, but only offset at our current ask price. Any deficit between the price at which we sold to you and the offsetting purchase price and/or prices, is your responsibility only if your item(s) is cancelled or returned. That amount will be charged to you, plus a $50.00 cancellation fee. That is our Market Loss Policy. Any market gain on cancellations shall remain the property of Westminster Mint.
 
When selling to Westminster Mint, after we have issued a confirmation number, the price is locked in for you and the transaction may not be cancelled, but only offset at our current buy price. Any deficit between the price at which we bought from you and the offsetting purchase price and/or prices, is your responsibility if we do not receive your items That amount will be charged to you, plus a $50.00 cancellation fee. Any market gain on cancellations shall remain the property of Westminster Mint, Westminster Mint reserves the right to refuse an order when the confirmed price is incorrect, due to computer-related problems, pricing error, incorrect item descriptions or sudden movements in the precious metals market. Furthermore, we reserve the right to refuse or cancel any order deemed questionable, suspicious or of significant risk to Westminster Mint regardless of payment method and price confirmation.

Electronic order entry risk disclosure and disclaimer
 
Westminster Mint specifically disclaims any liability or responsibility for orders placed via theWestminster Mint online shopping cart, for any loses or direct, indirect, consequential or incidental damages which you may recognize or incur as a result of the use of the Westminster Mint online shopping cart. Further, Westminster Mint specifically disclaims any liability for the interruption, cancellation or other termination of the online shopping cart.
 
 
Limitation of liability
 
All orders placed through the online shopping cart system are taken on a best efforts basis.Westminster Mint shall not be responsible for errors, negligence or inability to execute orders. Nor shall Westminster Mint be responsible for any delays in the transmission, delivery or execution of customer's order due to breakdown or failure of transmission or communication facilities, or to any other cause or causes beyond Westminster Mints control or anticipation.
 
 
Possible system failure
 
Shopping cart order entry systems have been designed to provide an efficient and dependable method for entering orders. Commercial Internet service providers are not 100% reliable and a failure by one or more of these providers may affect Internet based order entry. The customer acknowledges that the order entry system is a mechanical system and as such may be subject to failure beyond the control of Westminster Mint. The customer acknowledges having read and understands the order entry system risk disclosure and disclaimer.


Warranty

Westminster offers these items as collectibles to be enjoyed for their history, artistic beauty and often limited availability. Westminster Mint expresses no opinion on the soundness as an investment of coins, medal or other numismatic items. We are not investment advisers. Market price may fluctuate with market conditions, the condition of the item, content value, grade, demand and supply, and other things. Past performance is not a guarantee of future potential values. Rare coins, souvenirs, mementos, and sometimes medal, often cannot be sold quickly. These items sometimes appreciate in value and sometimes depreciate in value even possibly to zero. All items are guaranteed genuine unless stated and described as a replica or copy or restrike. The title to all items is good and its transfer is rightful. The items are delivered free from any security interest or other lien. The items ordered can be returned to us for any reason within 30 days from the time the coins are delivered to you. Westminster will refund 100% of the purchase price excluding shipping