Repurchases

At Czech mint, we not only offer investment metals, but also repurchase them. In response to the current market situation, we have adjusted our repurchase conditions to make them as advantageous for you as possible.

For those who decide to sell their bars or coins back to us, we offer maximum reliability, a hassle‑free process, an attractive price, and fast liquidity.

You submit your goods for repurchase and we will prepare a price offer for you. If the offer meets your expectations, we will repurchase the goods from you. The funds will then be transferred to your bank account within 3 business days.

How to Offer Goods for Repurchase?

To make the entire repurchase process as clear as possible, we have prepared a Repurchase Cart where you can easily add the goods you wish to sell back to us—whether you have them at home or stored in the Česká mincovna safe.

1. Adding Goods to the Repurchase Cart:

a. By searching for a product in the catalog – On our e‑shop, find the product you wish to offer for repurchase. In the product detail, then click the Offer to Repurchase button.

b. By selecting a product directly in the Repurchase Cart – Click the Repurchase icon in the top right navigation bar to access the Repurchase Cart. Then choose whether the product is stored at your home or in the Czech mint safe.

2. Login or Registration of a Czech mint account:

Log in to your Česká mincovna account.

If you do not yet have an account, you must register and create one.

 

3. Shop selection and bank account details:

Select the store where you will deliver the goods for repurchase.

Next, provide your bank account number to which we will transfer the funds after the repurchase process is completed.

 

4. Identity verification

By law, we are required to verify the identity of all our clients. You can choose from the following options:

a. BankID – the fastest and easiest method, using your bank identity for secure digital identity verification

b. Identification Form

c. In‑Store Identity Verification

 

What Happens Next?

1. Delivery of goods to the store

Once you approve the repurchase price we offer, you can deliver the goods to the selected store. Do not forget to bring your ID card – it will be required for identity verification.

Do not delay your visit to the store, as the offered repurchase price is guaranteed for 24 hours only.

After this period, the price will be updated. If the spot price increases or decreases, the repurchase price will be adjusted accordingly.

 

2. In‑Store Inspection

Store staff will verify the purity and condition of the repurchased goods and carry out your identity verification based on your ID card.

 

3. Signing of the Repurchase Agreement

If everything is in order, the repurchase agreement will be signed.

 

4. Transfer of funds to your bank account

After completing the above formalities, the payment for the repurchased goods will be transferred. The funds will be credited to your bank account within 3 business days.

Repurchase Rules

1. Approval of the repurchase offer and fixation of the repurchase price

If you offer us a product for repurchase that does not have a predefined repurchase price, we will prepare a repurchase price offer for you by the next business day. You have 3 days to approve this offer.
If the repurchase price is not approved within this period, we will assume that you are no longer interested in the repurchase and your request will be canceled.
As market prices of precious metals fluctuate continuously, we can guarantee the repurchase price for such an offer for 24 hours only. After this period, the offer will be updated based on the current spot price of the precious metal.

 

2. Price fixation for an approved repurchase

Due to continuous fluctuations in precious metal market prices, once the repurchase is approved, the repurchase price is fixed for 24 hours. We therefore recommend delivering the goods to the selected repurchase location as soon as possible to avoid any change in the repurchase price.
An exception applies if the spot price of the precious metal decreases by more than 5% compared to the fixed spot price during the 24‑hour fixation period. In such cases, we reserve the right to update the price.

The above does not apply to repurchases of clients offering products stored in the Czech mint safe. In these cases, once the repurchase is approved, the price is final and will not be updated further.

 

3. Condition of the Repurchased Product

The condition of the product has a direct impact on the offered repurchase price. In case of any damage, it is essential to accurately state this condition in the repurchase request. Upon delivery to the repurchase location, a detailed inspection of both the condition and purity of all products will be carried out. Failure to disclose the actual condition may result in rejection of the repurchase.

 

4. Deadline for Delivery of Goods to the Repurchase Location

After approval of the repurchase, you have 5 business days to deliver the goods to the designated repurchase location. If the goods are not delivered within this period, we will assume that you are no longer interested in the repurchase and your request will be canceled.

 

5. Client Identification

When carrying out a repurchase, Czech mint is legally required to identify its clients in accordance with the AML Act – Act No. 253/2008 Coll., on certain measures against the legalization of proceeds from criminal activity and the financing of terrorism. This act transposes international standards and European Union directives into Czech law, which aim to prevent:

a. money laundering

b. financing of terrorism

c. financing of the proliferation of weapons of mass destruction

If a client refuses identification, the repurchase cannot be carried out and the repurchase request will be canceled.

 

6. Withdrawal from the Repurchase

​The client may withdraw from the repurchase at any time during the entire repurchase process up until the moment the repurchase agreement is signed. Česká mincovna reserves the same right.

In the case of repurchase of goods stored in the Česká mincovna safe, where the entire transaction is carried out online, confirmation of the repurchase upon completion of the Repurchase Cart is considered to constitute the signing of the agreement.

Useful links:

Czech Mint