Real time market
Gold $1,797.72 -6.33 (-0.35%)
Silver $24.83 0.01 (0.05%)
Platinum $1,054.06 -6.87 (-0.65%)

Coin Facts Risk Disclosure

ABOUT GOLDLINE

Goldline, Inc. assists investors and collectors with a full range of precious
metals, and numismatic coins. We also provide free information to help
investors and collectors choose their acquisitions. Our website contains
helpful information such as precious metal spot prices, charts and
information for our more popular precious metals products.
Goldline traces its corporate history to 1960. We are proud to have
continuously served investors and collectors for more than 60 years. We
consider ourselves “market makers,” offering to buy and sell a wide variety
of precious metals and numismatic coins on a daily basis.

When acquiring products from Goldline, clients have the option of either
taking prompt delivery or storing their acquisitions with an affiliated or
independent storage facility (some restrictions may apply).
We are proud of our staff, which includes our Client Concierge and
personal Account Executives, who are available to discuss the benefits of
precious metals and to provide superior customer service.

With a strong financial footing, Goldline has prospered through recessions
as well as booms. Goldline’s financial statements are audited annually
by a recognized, independent certified public accounting firm. We are a
recognized leader in the precious metals industry and pride ourselves on
excellent service and personalized attention to our clients.

We offer precious metals and numismatic coins which are fully guaranteed
for authenticity. Goldline provides a seven (7) calendar day, unconditional,
money-back refund privilege on your first purchase of precious metals
purchased from our company and in some instances longer depending
on your state of residence. Please see the section below entitled Refund
Policy and our Account Agreement for full details.
We are proud of our reputation in the precious metals community. We
invite you to check our credentials and our reputation. Conduct your
due diligence before you acquire precious metals and numismatic coins
from any dealer. Please also review Goldline’s Account Agreement
which provides additional important information. We are confident that
Goldline will be your choice for precious metals and numismatic coin.

FACTS, RISKS AND POLICIES INVESTORS AND
COLLECTORS SHOULD KNOW
DIVERSIFICATION

Precious metals and numismatic coins can be
an important part of a diversified investment
portfolio. We believe that precious metals
and numismatics are appropriate for 5%
to 20% of an investment portfolio (if you
choose to invest more than this amount,
you should first consult your independent
financial advisor before proceeding with
your acquisitions). Certain individuals or
organizations may recommend a different
percentage.

HOLDING PERIOD

If you are purchasing precious metals or
numismatics for investment purposes,
they should be considered a long-term
investment. We believe that precious metals
and numismatics should be held for at
least 3 to 5 years, preferably 5 to 10 years,
to maximize your potential for gains. Any
specific holding period may be affected by
current market conditions which may require
a longer or shorter holding period. Please see
the section below entitled Risk for additional
information.

OUR PRICES

Our prices are set internally based upon
our analysis of a variety of factors and are
not necessarily tied to the prices quoted by
any other organization. Prices are subject to
change based on market conditions.
Goldline acts as a dealer and it or its parent
company generally owns the precious metal
it buys and sell.

Price Spreads/Breakeven: There is a
price differential or “spread” between the
price a Client pays when it buys precious
metals or numismatics from Goldline
(the “buy price”) and the price a Client
receives when it sells precious the metals or
numismatics (the “sale price”). The spread
is dollar amount that may be stated as a
percentage. The percentage is calculated by
subtracting the sale price from the buy price
and then dividing the difference by the buy
price (buy price– sale price)/sale price.
To illustrate how a spread works, consider
the following example: if a Client’s buy price
for a coin is $500 and the sale price for
the coin on the date of purchase is $400,
the difference between the buy price and
the sell price for the coin is $100 ($500-
$400 = $100). In this example, in order to
break even, the sale price for the coin will
need to increase by $100, or 25% ($500-
$400=$100/$400 =25%), excluding any fees
and other costs.

IRA ACCOUNTS

Goldline may refer clients to companies
that provide trustee and custodian services
for Individual Retirement Accounts (IRA).
Goldline is independent from, and not
affiliated with, any of these IRA companies.
The client is responsible for independently
selecting the IRA company suitable for the
client. Goldline does not share or assume
responsibility for any loss or damage
resulting from the client’s relationship with
the IRA company.

Goldline does not believe clients should
invest more than 5% to 20% of their
retirement assets/portfolio (which may
include a variety of asset classes including
IRAs, 401(k)s, real estate, stocks, bonds
and other investments) in precious
metals and numismatic coins, although
other organizations and individuals may
recommend different percentages. You must
determine the proper percentage of precious
metals and numismatic coins to allocate
in and outside of an IRA based upon your
individual circumstances.

Only certain bullion coins and bars and proof
coins may be held in a precious metals IRA.
Tax laws are complex and may change at any
time. Goldline does not provide tax advice.
You should consult with your tax advisor
about whether including precious metals in
your IRA is right for you.

LIQUIDATION/BUYBACK POLICY

When you decide to sell your precious
metals, we appreciate the opportunity
to arrange for an offer purchase from
an affiliate, at the then current buyback
price. We are familiar with the quality and
marketability of the items we sell and do not
charge any additional fees or commissions.
Depending upon market conditions and your
original purchase price, you may receive less
than what you paid for the precious metals
and numismatics.

The law prohibits us from guaranteeing
to repurchase the precious metals we sell,
although we have always made buy-sell
markets in the precious metals we offer or
make similar arrangements with affiliates to
do so. Therefore, our buyback policy is not a
guarantee and is subject to change without
notice.

Liquidation requests may be made to your
Account Executive or by calling Client
Relations at 800-280-5082. You may
also contact Client Relations via email at
clientconcierge@goldline.com. Liquidations
are handled by a Goldline affiliate.
Please contact Goldline for packaging,
shipping and address requirements prior to
sending any precious metals or numismatic
coins to Goldline’s affiliate.
Please see the section entitled Liquidity
for more information regarding the sale of
precious metals and numismatic coins.

DELIVERY

All packages shipped to our clients are
insured until good delivery is made. Our
preferred shipping carrier is UPS and all
shipments are under a security level watch
while in transit. Your acquisitions will be
delivered no later than twenty-eight (28)
calendar days of receipt of good funds (unless
your State requires a different delivery
period).

If a shipment is lost or damaged prior to
delivery at your shipping address, Goldline
will, at Goldline’s option, either replace
the items or refund your purchase price.
Please inspect the shipment thoroughly
upon receipt to ensure you have received
your order, and that the items track the
description on your delivery invoice. Any
variance from your order must be reported
within five (5) calendar days of receipt
of your shipment, and you must have all
original packing materials intact. Any claim
beyond this time period may be denied.
Goldline may charge a shipping and handling
fee for shipments, including shipments to
independent IRA custodians. The amount of
this fee, if any, will be identified at the time
your order is confirmed.

STORAGE

Goldline stores client holdings in an affiliated
or independent depository of its choice and
may change depositories without prior notice.
Goldline may store your holdings with those
of other clients and acknowledges that you
own a specific, but undivided interest in such
holdings to the extent of the quantity and
type you have purchased. A fee is charged for
storage. Details and limitations can be found
in Goldline’s Account Agreement.

CREDIT CARD PURCHASES

Goldline accepts payment by credit cards as a
convenience to its clients. However, we believe
that you should not go into credit card debt to
make a purchase with Goldline.

RISK

All investments involve risk and precious
metals are no exception. The precious metals
market is speculative, unregulated and
volatile, and prices for these items may rise
or fall over time.

Goldline generally classifies coins as bullion
or numismatic. Some coins may fall within
more than one category, depending on their
specific grade or condition. Other dealers
and organizations may define these terms or
classify these coins differently.

Precious metals generally have a premium
above their melt value. Premiums may
increase or decrease based upon current
market conditions such as supply and
demand. Changes in premiums may affect a
precious metal’s pricing beyond changes in
spot prices.

Precious metals can go down in value as
well as up in value. Precious metals may
not be suitable for everyone. Goldline is
not responsible nor does it determine the
suitability of any specific person to purchase
precious metals. You should consult with
your independent financial advisor regarding
whether such an investment is right for you.
You should not acquire any products from
Goldline if you are not competent or qualified
to make your own financial decisions. You
should obtain a thorough understanding
of the precious metals products before you
acquire these products as a collector or
investor.

The investment value of precious metals
depends in large part on the price you
pay. If you are acquiring any of Goldline’s
products as an investment, you should
evaluate its current market value, potential
for appreciation and liquidity, and consult
independent sources regarding these factors.
Goldline does not guarantee that any client
will be able to sell precious metals at the
original purchase price or a higher price
in the future. Since precious metals can
decline in value, you should have adequate
cash reserves and disposable income before
considering acquiring precious metals.
We believe you should not acquire precious
metals with funds generated through early
withdrawal from accounts or securities which
may result in substantial penalties or fees.
You should consult with your independent
financial advisor before disposing of any
security, annuity, Certificate of Deposit or
other investment to acquire precious metals.
Goldline is not responsible for any changes
in tax laws or other statutes which may affect
any profit or salability of your coins.

SWAP TRANSACTIONS

Goldline does not recommend exchanging
precious metals or numismatic coins
(trading one product for another) unless
you fully understand the costs involved in
the buy and the sell transactions. Among
other things, you should consider the spread
for each item involved in any exchange
transaction (since you must overcome both
spreads before you make a profit), and any
potential tax consequences of the exchange.
We believe no one can tell with certainty
that one product is going to outperform
another. You should independently
decide whether this type of transaction is
appropriate for you.

REFUND POLICY

For your protection and convenience,
Goldline provides clients with the right to a
refund on their first purchase without any
reason whatsoever. To receive a refund,
the client must notify Goldline of his or her
cancellation of their first transaction within
seven (7) calendar days from the date of
order. By way of example, if a client’s first
order is placed on May 1, the client may
cancel the order up to and including May 7.
Notices of cancellation may be provided by
speaking directly with an Account Executive;
calling Client Relations at 800-280-5082;
via U.S. Mail at 11835 W. Olympic Blvd
Suite 500 Los Angeles, CA 900064 (or
other address that Goldline may specify
in writing); facsimile at 310-319-0265; or
email at clientconcierge@goldline.com. All
notices of cancellation must be provided no
later than the last day of the refund period.
All other transactions are final upon taped
confirmation by a Goldline representative
and are not subject to cancellation. (Your
state may have additional refund and
cancellation rules which supersede
Goldline’s refund policy above. Please
consult Goldline’s Account Agreement
as well as the terms and conditions
set forth on the back of your trade
confirmation for specific rules which
may apply to your purchase.)

If you do not pay for your order and do not
have a right to cancel, Goldline may, at its
option, liquidate a portion of your stored
holdings and apply the proceeds to your
unpaid order in accordance with Goldline’s
Account Agreement. In addition, Goldline
may not repurchase your coins.

CONCIERGE

Goldline’s Client Relations team members
are your personal concierge and are available
to answer any questions or concerns you
may have. In addition to speaking with
your Account Executive, you may also
contact Client Relations regarding refunds,
liquidations, concerns or complaints.
You can reach a Client Relations team
member at 800-280-5082 or via email at
clientconcierge@goldline.com.

ACCOUNT EXECUTIVES

The Account Executives at Goldline are
generally commissioned salespersons. Their
work experience, knowledge, background
and training vary widely. They and/or
Goldline may receive, from time to time,
undisclosed compensation for selling specific
precious metals (including but not limited
to contests, cooperative advertising and
trading profits in coins that they may own
and/or sell). Goldline’s employees are
not licensed as investment advisors
and, accordingly, do not make any
recommendations regarding client
investments. The only products which
Goldline employees are authorized
to sell are the products specifically
sold by Goldline. Check with a licensed
professional with expertise in a particular
market before making a decision to buy or
sell any security, bond, annuity or financial
instrument. Further, Account Executives
are not tax advisors and may not provide
any advice regarding taxability, tax rates or
related issues for any product Goldline sells.
You should consult with your tax advisor
regarding any questions about the tax
implications of buying or selling bullion or
numismatic coins.

LIQUIDITY

Of the products that we buy and sell, bullion
and bullion coins generally are more liquid
than numismatic coins. Goldline may
not provide a buyback price on certain
numismatic coins. Sometimes, because of its
market influence, when Goldline reduces or
stops selling certain coins, their price may
drop.

GRADING AND WARRANTIES

Our company uses the numerical Mint
State (MS) grading system which rates
uncirculated coins from MS-60 to MS-70.
Typically, the higher the grade, the more
a coin is worth. The grade assigned to
a coin reflects its strike, luster, marks,
scratches and overall eye appeal. Grading is
a subjective art and subject to the opinion
of the person grading the. Thus, grading
can and does vary from numismatic coin
firm to numismatic coin firm, from grading
service to grading service, and from expert
to expert. A difference of one grade (e.g.,
MS64 to MS65) can result in a significant
change in the valuation of a numismatic
coin. Grading standards may continue to
change, becoming more or less stringent.
Grades and descriptions of numismatic
coins are opinions, not statements of fact or
guarantees, and are based on standards and
interpretations that can and do change over
time.

When you acquire a coin from Goldline that
is independently graded by a third-party
grading service such as Professional Coin
Grading Service (PCGS) or Numismatic
Guaranty Corporation (NGC), Goldline relies
entirely on the expertise/determination
of the grading service. In addition, we
rely upon definitions provided by these
independent grading services, including
definitions of such terms as PCGS’ “First
Strike®” which refers to coins packaged
and delivered by the U.S. Mint in the thirty
(30)-day period following the initial sales
date of a new product. We do not re-grade or
independently evaluate the product’s grade
in its sealed holder, although from time to
time Goldline does remove products from
their sealed holder and re-submit them to
the grading services. Goldline reserves the
right to deliver independently graded coins
that have been graded by an independent
grading service of Goldline’s choice such
as PCGS or NGC. Goldline guarantees that
the numismatic coins and precious metals
it sells are genuine. Goldline expressly
disclaims any other warranties with respect
to coins or precious metals, express or
implied, including the implied warranties of
merchantability and fitness for a particular
purpose. See our Account Agreement for a
full disclaimer of warranties.

GROWTH PROJECTIONS

Goldline may inform clients about forecasts
made by third parties regarding the future
prices of precious metals. There is no
assurance that any growth projection will be
achieved and it is also possible for prices to
decline. We do not guarantee any forecast or
projection, but we strive to provide you with
analysis that we believe is well-reasoned.
You should also know that different market
factors may influence the price of a specific
precious metal. For example, the price of a
numismatic coin may be affected by such
factors as grade, scarcity and demand in the
marketplace, while the price of a bullion coin
is closely tied to the spot market for that coin.
Past performance and growth projections for
a specific precious metal or type of precious
metal may not apply to other types of
precious metals that Goldline may offer.

ACCOUNT AGREEMENT

Goldline’s Account Agreement sets forth the
terms and conditions of your transactions
with Goldline. Please review this agreement
carefully before you sign and return it to
Goldline. For your convenience, you may
review the Account Agreement online at
www.goldline.com.

FOR YOUR PROTECTION

Your privacy is important to us. If at any
time you no longer wish to be contacted by a
Goldline representative, please call or write
to us and ask to be placed on our Do Not Call
list.

If at any time you receive information
that is inconsistent or contrary to the
information contained in this booklet or
Goldline’s Account Agreement, you should
immediately contact Goldline’s Client
Relations Department at 800-280-5082.
Please do not proceed with any transaction
until your questions or concerns have been
fully answered.

Please make all payments payable to
Goldline, Inc. Please do not send cash. Your
payment options are as follows: bank wire,
cashier’s check, personal check, ACH and
credit card. Please do not send money orders
or traveler’s checks.
Please promptly notify us in writing if you
change your address, and include a signature
guarantee or notarized letter, along with a
copy of your driver’s license or utility bill. Be
sure to include your account number and to
sign all correspondence.

For account title changes (e.g., trust or
business account), please contact your
Account Executive or Goldline’s Client
Relations Department at 800-280-5082.
This risk/disclosure booklet is updated
periodically. It is the responsibility of the
client to keep up-to-date by either requesting
a copy, or by checking our website at www.
goldline.com.

MONITORING/RECORDING OF CALLS

Telephone calls may be monitored and/
or recorded in an effort to assure quality
control and policy compliance. Thus, when
speaking with a Goldline representative, you
understand and agree that every telephone
conversation between you and Goldline
- whether you place a call to Goldline or
a Goldline representative calls you - is
subject to monitoring and/or recording.
You agree and consent to have your calls
with any Goldline representative monitored
and/or recorded without further notice
or the requirement of additional consent
or agreement from you. You consent to
monitoring and/or recording of your
telephone conversations with any Goldline
representative by appropriate Goldline
personnel and authorized outside third-party
monitors. You acknowledge that you do not
have a reasonable expectation of privacy
during any of your telephone conversations
with any Goldline representative. You further
understand and agree, with respect to the
potential monitoring and/or recording of all
of your telephone calls, that you expressly
waive the right to assert at any time that any
conversation between you and any Goldline
representative are or were confidential or
private. Unless otherwise agreed by Goldline
in writing, Goldline does not consent to the
recording of telephone conversations by
you or any third party. You understand that
not all telephone lines or calls are recorded
and Goldline does not guarantee that any
recordings of any particular telephone
calls will be retained or be capable of being
retrieved.

SUMMARY

We strongly recommend that you acquire a sound understanding of precious metals
markets before you make your first purchase. Be prepared to invest some time and
effort into understanding the market. Do not commit more than 5% to 20% of your
investment funds to precious metals. Manage your future with a diversified portfolio
that meets your objectives for safety, liquidity and growth. Be prepared to hold your
precious metals for a minimum of 3 to 5 years, recognizing that all markets have their
ups and downs. Perform your due diligence and let reason and common sense be your
guide.

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© 2021 Goldline, Inc. All Rights Reserved
11835 W. Olympic Blvd
Suite 500
Los Angeles, CA 90064
800-827-4653
www.goldline.com