Important information about selling your coins to SellMyCoins.ca
Quick Summary
✓ Initial estimates are preliminary and subject to physical inspection
✓ Final offers are made after we receive and inspect your coins
✓ You can decline any offer and have your coins returned (you pay return shipping)
✓ Payment is made by Interac e-Transfer within 24 hours of acceptance
✓ Precious metal prices may change between estimate and final offer
✓ You must be the legal owner of all coins submitted
1. Initial Estimates
When you submit photos of your coins for appraisal, we provide an initial value estimate based on the information and images you provide. These estimates are preliminary only and are subject to change upon physical inspection of the coins.
Factors that may affect the final offer include:
Actual condition of the coins (wear, damage, cleaning)
Authenticity verification
Accurate identification of dates, mint marks, and varieties
Current precious metal prices at time of inspection
Overall quality that may not be visible in photos
2. Final Offers & Inspection
Once we receive your coins, we will:
Physically inspect each coin
Verify authenticity
Assess actual condition and grade
Calculate current precious metal value (if applicable)
Provide you with a final purchase offer
You are under no obligation to accept our final offer. If you decline, we will return your coins to you at your expense (see section 4).
3. Precious Metal Price Changes
Important: Precious metal prices fluctuate daily.
The value of silver and gold coins changes based on current market prices. Our final offer will reflect the precious metal prices at the time we inspect your coins, which may be higher or lower than the initial estimate. We use current spot prices from reputable precious metal exchanges.
4. Declining Offers & Returns
If you choose not to accept our final offer:
We will return your coins to you
You are responsible for return shipping costs
Return shipping will be deducted from any refundable deposit (if applicable)
We recommend insured shipping for valuable items
We will contact you to arrange return shipping and payment of shipping costs before returning your coins.
5. Shipping Requirements
When shipping coins to us:
Package coins securely to prevent damage during transit
We recommend using tracked and insured shipping
Include your contact information and reference number (if provided)
You assume all risk of loss or damage during shipping to us
We are not responsible for items lost or damaged in transit
6. Ownership Confirmation
By submitting coins to SellMyCoins.ca, you confirm that:
You are the legal owner of all coins submitted
The coins are not stolen property
You have the right to sell the coins
All information provided is accurate and truthful
7. Payment Terms
Once you accept our final offer:
Payment method: Interac e-Transfer only
Payment timing: Within 24 hours of your acceptance
Payment is sent to the email address you provided
You must have a Canadian bank account to receive Interac e-Transfer
Once payment is sent and accepted, the transaction is final and ownership of the coins transfers to SellMyCoins.ca.
8. Dispute Resolution
If you have any concerns or disputes regarding your transaction:
We will work with you in good faith to resolve any issues
All disputes will be handled according to Canadian law
9. Changes to Terms
SellMyCoins.ca reserves the right to update these terms at any time. The version in effect at the time you submit your coins will apply to your transaction.
Contact Information
If you have questions about these terms or your transaction: