Market Loss Policy
Upon issuance of an order number following a purchase from Jefferson Gold, the price is guaranteed, and you may not cancel the transaction. The transaction may only be offset at Jefferson Gold’s current asking price. If your item is cancelled, you are responsible for any deficit between the price at which Jefferson Gold sold the item to you and the offsetting purchase price. As set forth above, all cancellations are subject to our Market Loss Policy. Market gains on cancellations or returns shall remain the property of Jefferson Gold. Furthermore and to the extent Jefferson Gold does not have any of your funds in its possession, Jefferson Gold reserves the right, in its sole and absolute discretion, to charge market loss fees to any credit card you have on file with Jefferson Gold.
Without limiting any other legal or equitable rights and remedies that may be available to Jefferson Gold, Jefferson Gold may elect to apply any and all of your funds in its possession to satisfy your monetary obligations and/or may offset any obligations that Jefferson Gold may have to you. Jefferson Gold also reserves the right, in its sole and absolute discretion, to apply any/all funds in its possession toward the satisfaction of your obligations to Jefferson Gold.
