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Alexandria precious metals bonds.
$100 flat.

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 check.

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Required for your City of Alexandria precious metals dealer permit — new and renewal
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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, forget it for up to 3 years
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 an Alexandria 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 the City

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.

About this bond

What it is and who needs it.

What the bond actually guarantees

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.

City of Alexandria — Precious Metals Dealer PermitThe City of Alexandria, Virginia conditions a dealer-in-precious-metals-and-gems permit on a $10,000 surety bond, consistent with the Virginia dealers in precious metals and gems regime that authorizes localities to require this permit and bond. The bond amount and terms are set by the City of Alexandria; confirm details with the City before you file.

You need this bond if you're

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Applying for a City of Alexandria precious metals dealer permit — the bond is filed with your application
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Renewing your dealer permit and your bond is expiring or your surety non-renewed
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A jeweler, pawn, or coin dealer buying gold, silver, or gems from the public in the City
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Adding an Alexandria location to an existing precious metals operation
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 the City. 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.

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 City of Alexandria precious metals dealer bond?The premium is $100 per year — set by our carrier's rate book for the fixed $10,000 bond amount, the same for every dealer. The $10,000 is fixed, so there is no quote process.
Do I pay the $10,000?No. You pay $100 per year. 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.
How fast will I have the bond?License bonds like this are among the thousands of bond types that issue right after purchase — many dealers finish the application and have the bond in the same sitting.
Is there a credit check?No credit check: the application collects no credit information. Most applicants approve instantly. Small fixed-amount license bonds like this one rarely need one.
When does it renew?The bond must stay active for as long as you hold the permit. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your permit 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 Alexandria permit checklist today.

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

Your price$100
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