What you hold · Dealer Inventory
Financing Inventory Instead of Selling It
Every dealer has had the month where the only way to make a purchase or meet an obligation is to sell inventory into a bid that is softer than it should be.
No credit check and no obligation. If borrowing is the wrong instrument for your situation, that is what you will hear first.
65%
Advance against market value
$15k
Minimum loan — about $23,000 in gold
Same
Bars returned on repayment. Not equivalent — the same bars
2004
Trading precious metals since
Selling into weakness
You are not selling because the price is right. You are selling because the calendar said so. Dealers understand this arithmetic instinctively, which is why this is usually the shortest conversation we have — the spread eaten selling into a soft bid, plus the cost of replacing that stock later, against single-digit interest for a few months.
What dealers should know
- Pledged inventory sits in the vault for the term — it is not available to ship.
- The advance is against metal content, not numismatic premium.
- Adding collateral later to increase the facility is routine.
- No credit check; the metal is what gets inspected.
- Business purpose is automatic here, which removes the usual complication.
How we handle it
- 01Describe the holding and what the capital is for.
- 02Estimate against live spot at the advance rate.
- 03Ship insured; verification and serial recording on arrival.
- 04Fund in days.
- 05Same items returned on repayment; early repayment carries no penalty.
Borrow against the part of the holding you are least likely to need to ship. Pledged metal is in the vault for the term, so pledging your most liquid stock creates a problem you did not have.
Said plainly
Where we stop
If the inventory is genuinely stale and you want out of it, sell it and be glad. Borrowing against stock you no longer believe in is the worst of both.
FAQ
Common questions
- Can I ship pledged stock to a customer?
- No. It is held for the term. Pledge the part you are least likely to need.
- Do you understand grading?
- We trade metal and sell on eBay ourselves. That said, the advance is against metal content, not grade.
- Can I add collateral later?
- Yes, and dealers commonly do — either to increase the facility or in response to a margin call.
- Is this a consignment?
- No. It is a loan. The metal stays yours and the same items come back.
More what you hold
Gold Bars
A cast or minted bar from a recognized refiner is the simplest thing to lend against. Known weight, known purity, public price, and usually a serial number.
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Sovereign Coins
Government-minted bullion coins are widely recognized, easy to verify, and highly liquid. They are excellent collateral — with one caveat that costs people money.
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Scrap & Jewelry Gold
Karat jewelry, dental gold and mixed estate lots are all real collateral. They just take more work to value, because nothing is stamped reliably.
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Next step
Run it both ways before you decide.
No credit check and no obligation. Tell us what you hold and what the money is for, and if selling is the better answer for your situation you will be told that first.
Business purpose only. Not available in Nevada, Vermont, North Dakota and South Dakota.