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New Brunswick precious metals bonds.
$100 flat.

The City of New Brunswick requires a fixed $10,000 bond to license a dealer in precious metals and gems. Ours is $100 flat — the price you see is the checkout price. The bond issues the moment you pay — no credit check.

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Required by the City of New Brunswick to license a precious metals & gems dealer
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Fixed price, fixed amount — $10,000 bond, $100, no quote process
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Multi-year terms available — set it up once, file it with your City license
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a New Brunswick precious metals bond cost?

$100 at the $10,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with your City license

Your executed bond and power of attorney arrive by email, ready to file with your City of New Brunswick precious metals & gems dealer license. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

A precious metals & gems dealer bond is a compliance and consumer-protection guarantee to the City of New Brunswick. Dealers who buy gold, silver, jewelry, and gems from the public are licensed by the City, which conditions the license on the bond so it has a backstop that you will keep the required records, hold purchases for any inspection period, and follow the City’s dealer ordinance.

It is a three-party arrangement: you (the principal), the surety carrier, and the City of New Brunswick (the obligee), with the public protected. If you violate the dealer ordinance — for instance, by failing to report purchases or mishandling stolen goods — a harmed party or the City can recover against the bond.

The bond must stay active for the life of your license. Let it lapse and the City can suspend the license — so we track it and notify you 60 and 30 days out, keeping your $10,000 filing continuous.

City of New Brunswick — precious metals & gems dealer licenseThe City of New Brunswick requires this $10,000 bond as a condition of a license to deal in precious metals and gems. The bond amount and terms are set by the City under its precious metals / secondhand dealer ordinance, administered through the City Clerk and Police Department; confirm details with the City licensing office.

You need this bond if you're

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Applying for a New Brunswick precious metals & gems dealer license — the bond is filed with your application
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A jeweler or pawnbroker buying gold, silver, or gems from the public
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A secondhand or coin dealer the City requires to bond
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Renewing a license whose bond is expiring or was non-renewed
After you buy

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 $10,000 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; a longer term is the same price per year, chosen at checkout.

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 your City license. Your executed bond and power of attorney arrive by email, ready to file with your City of New Brunswick precious metals & gems dealer license. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the New Brunswick precious metals dealer bond?The premium is $100 flat, set by our carrier for this fixed $10,000 bond amount, the same for every dealer. The $10,000 is set by the City of New Brunswick, so there is no quote process.
Do I pay the $10,000?No. You pay $100. The $10,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Who requires this bond?The City of New Brunswick requires it as a condition of a precious metals & gems dealer license, under its dealer ordinance administered by the City Clerk and Police Department.
Is there a credit check?No credit check: the application collects no credit information. Most applications approve instantly.
When does it renew?The bond must stay active for as long as you hold the City license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Finish your New Brunswick license today.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →