888 Bullion Gold Pack Terms & Conditions

1. Sending Your Precious Metals to 888 Bullion

1.1 Available Delivery Methods

888 Bullion offers several ways for customers to submit precious metals for valuation and purchase:

  • Deliver your items in person to our Hatton Garden office.
  • Use an 888 Bullion Gold Pack and send your items through our approved postal service.
  • Arrange your own fully insured courier or postal service at your own expense.

1.2 888 Bullion Gold Pack Service

Our Gold Pack service provides customers with secure packaging for sending precious metals to 888 Bullion. Customers may select the appropriate insurance option during the Gold Pack ordering process based on the estimated value of their items.

If you choose not to use an 888 Bullion Gold Pack, we strongly recommend using Royal Mail Special Delivery or an equivalent tracked and insured delivery service to help safeguard your items whilst in transit.

1.3 Gold Pack Service Charges

Where a prepaid Gold Pack service is used, any applicable postage or service charges may be deducted from the final settlement amount payable by 888 Bullion.

1.4 Damaged or Tampered Parcels

888 Bullion reserves the right to refuse acceptance of any package that appears damaged, opened, altered, or otherwise compromised during transit.

1.5 Customer Responsibilities When Sending Items

When sending precious metals to 888 Bullion, customers are responsible for ensuring that:

  • Items are packaged securely and appropriately.
  • The parcel clearly includes the relevant reference number supplied by 888 Bullion.
  • The parcel is correctly addressed to the designated 888 Bullion receiving address.
  • Appropriate postage and insurance have been purchased where a prepaid Gold Pack has not been used.

1.6 Insurance During Transit

Where customers choose to use their own delivery method rather than an 888 Bullion Gold Pack, responsibility for obtaining suitable insurance cover remains entirely with the sender until the parcel has been received and accepted by 888 Bullion.

1.7 Recommended Postal Insurance

For items sent through Royal Mail, 888 Bullion recommends using Royal Mail Special Delivery, which provides tracking and insurance protection subject to Royal Mail's terms and conditions.

Where the total value of items exceeds the insurance limits available under a single shipment, customers should consider dividing items across multiple insured parcels. Each parcel must clearly display the relevant reference number to avoid delays in processing.

2. Ownership, Liability and Risk

2.1 Ownership of Precious Metals

Ownership of any precious metals sent to 888 Bullion remains with the customer until:

  • 888 Bullion issues an offer and that offer is accepted by the customer; or
  • A post-assessment offer is accepted by the customer.

Where items are returned, ownership remains with the customer at all times.

2.2 Liability Following Receipt

888 Bullion accepts responsibility for loss or damage to precious metals only where such loss or damage results directly from our negligence or breach of contract and only from the point at which the items have been physically received and accepted by us.

2.3 Limitation of Liability

In circumstances where 888 Bullion is legally liable, compensation shall be limited to losses that were reasonably foreseeable and shall not exceed the prevailing 888 Bullion purchase rate applicable to the materials concerned at the time of the incident.

2.4 Personal Use Only

The services provided by 888 Bullion are intended solely for private individuals and personal transactions.

2.5 Excluded Business Losses

888 Bullion shall not be liable for any business-related losses, including but not limited to:

  • Loss of profits;
  • Loss of revenue;
  • Business interruption;
  • Loss of commercial opportunity.

2.6 Insurance and Third-Party Claims

Customers agree that any limitation of liability contained within these Terms extends to claims brought directly or indirectly through insurers, agents, successors or third parties. Any rights of recovery or subrogation against 888 Bullion are expressly waived to the fullest extent permitted by law.

2.7 Force Majeure

888 Bullion shall not be responsible for delays, interruptions or failures in performance caused by circumstances beyond our reasonable control, including but not limited to natural disasters, industrial disputes, transportation failures, governmental actions, pandemics or other force majeure events.

2.8 Returned Items

Where precious metals are returned to a customer, responsibility for those items transfers upon collection by the relevant carrier. From that point onwards, any claim relating to loss or damage must be pursued directly with the delivery provider.

2.9 Consequential Losses

888 Bullion shall not be liable for indirect, incidental or consequential losses of any kind, including loss of earnings, loss of opportunity or any related financial damages.

3. Postal Claims and Transit Risks

3.1 Refusal of Delivery

888 Bullion may reject any parcel that appears to have been tampered with, opened, damaged or otherwise compromised during transit.

3.2 Proof of Postage

Customers are responsible for obtaining and retaining proof of posting, tracking information and delivery receipts when sending items to 888 Bullion. Failure to retain this documentation may affect the customer's ability to pursue a claim with the relevant delivery provider.

3.3 Notification of Transit Losses

Any claim relating to a parcel that is lost or damaged during transit must be made directly against the carrier responsible for delivery.

Customers must notify 888 Bullion in writing within 28 calendar days of the posting date if they believe a parcel has been lost or damaged. This allows 888 Bullion to assist where necessary and comply with any deadlines imposed by carriers or insurers.

Claims notified after this period may not be supported and may be rejected entirely.

3.4 Carrier Decisions

Where a claim is investigated by Royal Mail, an insurer or another approved carrier, the outcome of that investigation shall be considered final and binding. 888 Bullion reserves the right not to challenge or pursue decisions made by those organisations.

3.5 Valuation of Contents

For the purposes of any transit loss or damage claim, only the intrinsic bullion, scrap or precious metal value of the contents shall be considered.

No value shall be assigned to:

  • Gemstones;
  • Collectability;
  • Historical significance;
  • Retail replacement value;
  • Sentimental value;
  • Rarity premiums.

Customers may be required to provide supporting evidence, including photographs, receipts, weight records or professional valuations.

3.6 Transit Exclusions

888 Bullion accepts no responsibility for:

  • Loss or damage occurring before items are received by 888 Bullion; or
  • Theft, loss or damage occurring whilst items are in the possession of any postal operator, courier or third-party delivery service.

Any such claim must be pursued directly against the relevant carrier.

3.7 Insurance Recovery Limitation

Where compensation is recoverable under an insurance policy maintained by 888 Bullion, our maximum liability shall be limited strictly to the amount actually recovered from the insurer. Any recovered amount will be passed on to the customer.

3.8 Insurer Determinations

888 Bullion is bound by the decisions of its insurers and underwriters. Any determination made by those parties regarding loss or damage claims shall be treated as final, and no additional claim may be brought against 888 Bullion in relation to the same incident.

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