The City of Alexandria, Virginia requires a fixed $10,000 bond to be permitted as a dealer in precious metals and gems within the City. Ours is $100 flat — the price our carrier's rate book sets for this bond. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.
















License bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, and the application has no credit section.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with the City of Alexandria for your precious metals dealer permit. Wet-ink original mailed on request.
A precious metals dealer bond is a consumer-protection guarantee to the City of Alexandria. Dealers who buy gold, silver, and gems from the public are regulated to deter trafficking in stolen goods — the City wants a financial backstop that you'll follow the City's dealer rules and recordkeeping.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Alexandria, Virginia (the obligee), with the public protected. If you violate the City's precious metals dealer ordinance, a harmed party or the City can recover against the bond.
The bond must stay active for the life of the permit. Let it lapse and your dealer permit can be suspended — so we track it and notify you 60 and 30 days out, keeping your $10,000 filing continuous.
These are the actual issuing fields — no credit section, because this bond doesn't collect one.
Start the application →$100 flat, no credit review, bond often issued in the same sitting. Free until issued.