eBay is partnering with third-party experts to allow eBay users to sell precious metals via the eBay platform (collectively known as "the Buyback Program").
These terms govern the use and participation in the Buyback Program. These terms may be amended, including cancelling the Program altogether, at any time by posting the updated terms on eBay.com. You are also agreeing to adhere to the eBay User Agreement, Privacy Notice, and the API license agreement which are all incorporated herein.
2. Transaction RequirementsAll items listed for sale must be Bullion, and the total value of the Bullion offered for sale in the listing must be at least one thousand U.S. dollars (US $1,000).
For purposes of the Buyback Program, Bullion is defined as precious metals containing gold, silver, platinum or palladium that includes coins, rounds and bars. Also, included are graded coins that include over ninety (90%) percent of one the above listed precious metals.
3. Bullion ListingsItems will be listed on eBay.com via email on the Bullion Buyback page. In order to successfully complete the listing, you must provide a description of the item or items being offered for sale. The description should include a picture of the item(s) offered for sale and a description describing relevant information about the item(s), such as metal type, weight, year and condition.
4. OfferThe Buyback Partner will review your listing and determine whether or not to provide you with an offer to purchase your item(s). The offer is contingent on the authentication of the item for sale, the successful completion of an identity and verification process (KYC Requirements) and you being provided an offer in writing via email.
You may be required to provide additional information, including personal information, to the Buyback Partner as part of the identity and verification process.
The offer will remain open for your acceptance for two (2) business days. The offer will include the Buyback Partner's terms and conditions for purchases and an offer price.
The Buyback Partner will consider your description of the item(s) and use its expertise to set the offer price for your listing. The Buyback Partner will determine the offer price in its sole discretion. The offer price will be stated by the Buyback Partner in terms of a US dollar amount over or under the spot price of the related precious metal and may include an approximate non-binding US dollar amount for references purpose. The actual dollar amount of the offer price will be set upon acceptance.
You acknowledge that precious metals trade in relation to the dynamic spot price market, and the offer price from the Buyback Partner may be described in relation to such spot market price.
5. Acceptance of the OfferUpon accepting the offer, you will receive a written confirmation of the offer price in US dollars based on the current spot price of the precious metal after the receipt of the acceptance.
If you elect to accept the binding offer from the Buyback Partner, then you have entered into a binding contract to sell your Bullion to the Buyback Partner.
6. Shipping Your BullionAfter accepting the offer, you are required to ship your Bullion for authentication with the required order number and/or packing slip to the address provided by the Buyback Partner. You are responsible for all shipping costs, including costs of insurance and packaging. In the event that you fail to ship the Bullion to the Buyback Partner within the required time period, then the Buyback Partner may terminate the Bullion purchase upon written notice via email.
The Buyback Partner will confirm receipt to you via email. eBay and the Buyback Partner have no liability for your Bullion while it is in transit or otherwise in the possession or custody of any third party, including, without limitation, any common carrier (i.e., FedEx, UPS, USPS etc.) or delivery service.
7. Authentication of Your BullionUpon receipt of your Bullion, the Buyback Partner will authenticate your Bullion to confirm that it meets the description in your listing (e.g., authenticity, no plating, no tampering). The Buyback Partner will follow authentication processes consistent with generally accepted industry standards and in compliance with applicable law.
In order to verify that authenticity of the item(s) for sale, it may be necessary to cut or otherwise irreversibly damage or the item(s). Also, due to industry requirements and/or local, state or federal laws regarding counterfeit materials, it may be necessary to confiscate the item(s). You acknowledge that neither the Buyback Partner nor eBay is responsible for any damage done to the item or items offered for sale during the authentication process.
8. PaymentIf Buyback Partner successfully authenticates the item(s) for purchase and verifies compliance with the KYC Requirements, then Buyback Partner will confirm completion of the transaction to you in writing via email. You must click through a confirmation indicator (button or link) in the email in order to complete the transaction and have your payment processed. You will be paid, via PayPal, after the transaction has been processed.
9. Item ReturnIf the authentication process or the KYC Requirements cannot be successfully completed, and your item for sale is in such condition that it can be returned to you, then the Buyback Partner will ship the item back to you within fourteen (14) days after the notice of the authentication or KYC Requirements failure for delivery within thirty (30) days. The Buyback Partner will coordinate with you to arrange for the return of your item(s).
If your item cannot be returned to you by law or regulation (e.g. counterfeit, stolen), or if you request and the Buyback Partner agrees that your item not be returned, then the Buyback Partner will dispose of your item in its sole discretion in compliance with applicable law, which may include confiscation by law enforcement or resale of the item for salvage.
10. CommunicationsYou consent to receive communications electronically from the Buyback Partner and eBay. Specifically, you agree and consent to be contacted by us or the Buyback Partner, our agents, employees, and affiliates through the use of email, instant messaging or live chat, and/or telephone calls and/or SMS/MMS text messages to your cellular, home or work numbers, as well as any other telephone number you have provided to us.
11. Qualification for ParticipationTo participate in the Buyback Program, (a) you must be a registered eBay user in good standing; (b) you must have a registered U.S. address; (c) you must have a U.S. PayPal account linked to your eBay account (Linking your PayPal and eBay accounts); (d) you must have a valid eBay selling account (you may be asked to confirm your details and setup an automatic payment method for any eBay fees; and (e) if applicable, you must meet the Know Your Customer (KYC) Requirements under applicable law or regulation for the sale of Bullion. Participation in the Buyback Program is at the sole discretion of eBay and the Buyback Partner.
12. No AgencyThese terms in no way constitutes or gives rise to an agency, partnership, joint venture or other relationship among you, eBay, or the Buyback Partner. The Buyback Partner and you each will operate under these terms as an independent contractor and not as an agent for the other. Buyback Partner is not an agent or affiliate of eBay.
13. Your Representations and WarrantiesYou represent and warrant that: (1) you are at least eighteen (18) years of age; (2) you are the actual legal owner of any and all Bullion offered to be sold, and have the unfettered right to sell and transfer your Bullion; (3) you can sell the Bullion free of all liens, encumbrances, liabilities, and adverse claims of every nature and description whatsoever; (4) all information you provide related to the offer and sale of the Bullion is accurate and complete; (5) the Bullion is authentic; and (6) your possession and ownership of the Bullion is not from, or the result of, illegal activity in this country or any other country.
If you breach any of the above representations and warranties, you may be ineligible to participate in the Buyback Program or use eBay sites and services in the future, and eBay may exercise any and all remedies, including restricting or suspending your use of eBay sites and services.
14. BreachWithout limiting other remedies, eBay or the Buyback Partner may immediately terminate the offer if: (A) you breach these terms and conditions, (B) eBay or the Buyback Partner believes that your actions may cause financial loss or legal liability to the Buyback Partner, eBay or any of their affiliates or (D) the Buyback Partner or eBay suspects that you (by conviction, settlement, insurance or escrow investigation, or otherwise) have engaged in fraudulent activity in connection with the item or transactions contemplated under the Bullion Buyback Program.
15. Indemnity