CANCELLATIONS, REFUNDS, RETURNS & MARKET LOSS POLICY
Upon securing a purchase from or sale to The Black and Gold Marketplace of any product priced using the spot price of metals, such as bullion coins, bars, or jewelry, your order is binding and cannot be canceled.
Should you fail to meet your obligation, whether purchasing from or selling to The Black and Gold Marketplace, you will forfeit any deposit made on the transaction.
Further, we may at our sole discretion redeem the products or reverse the wholesale order at the then current market prices. You shall be responsible for any losses suffered by The Black and Gold Marketplace, all additional charges arising as a result of the redemption, and a single Redemption Fee of up to four hundred and seventy-five United States dollars ($450.00 USD) per transaction.
Without limiting any other rights and remedies available to The Black and Gold Marketplace, you authorize The Black and Gold Marketplace to deduct any losses, additional costs and/or the Redemption Fee from your account, or to charge these payments to the card used to secure your order. If you do not have a positive balance in your account, and we are unable to successfully charge a card, you agree to make this payment to The Black and Gold Marketplace immediately upon receipt of an invoice or other written notice from The Black and Gold Marketplace.
Any market gains at the time of redemption shall remain the sole property of The Black and Gold Marketplace.