Minnesota bullion coin dealer bonds.
From $100.
Minnesota bullion product dealers register with the Department of Commerce under Chapter 80G and maintain a surety bond sized to their retail bullion volume — from $25,000 up to $200,000. The bond is priced at 1% of the bond amount, $100 minimum — your exact price appears in the on-page calculator.
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How much does a Minnesota bullion coin dealer bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard bullion bond — enter your amount, pay, and file with the Department of Commerce. Here is the whole thing:
Apply online
Your business details, your organization type and state, the bond amount your volume tier requires, and the effective date — that is the application.
Issued on the spot
No credit check up to $25,000.
File with the Department of Commerce
Submit the executed bond with your bullion product dealer registration. Wet-ink originals mailed whenever the state insists on them.
What it is and who needs it.
What the bullion bond actually covers
Minnesota's Chapter 80G governs bullion product dealers — businesses that buy from and sell bullion coins and products to Minnesota consumers at retail. Dealers register with the Department of Commerce and maintain a surety bond issued by a company admitted in Minnesota.
The bond amount is tiered to your transaction volume for the prior 12 months: roughly $25,000 up to $200,000 of retail bullion transactions, scaling to $200,000 for dealers over $2 million. It is a consumer-protection guarantee — a consumer harmed by a dealer's failure to deliver bullion they paid for, or to remit money owed on a sale, can claim against the bond, and the commissioner or attorney general may pursue the surety on a consumer's behalf.
One note of candor: parts of Minnesota's bullion law were challenged in court in recent years. The bond and registration framework under Chapter 80G remains the basis on which the Department of Commerce administers these dealers — so confirm your current registration requirement and amount with the Department, and we will quote the bond it names at pricing that starts from $100.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Department of Commerce. Submit the executed bond with your bullion product dealer registration. Wet-ink originals mailed whenever the state insists on them.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the bond amount your volume tier requires — most applicants are issued instantly, ready to file with the Department of Commerce.
Start the application →Common questions.
Other Minnesota bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Bullion bond, issued today.
Pricing from $100. Enter the amount your volume tier requires and file with the Department of Commerce the same day.