Norfolk precious metals bonds.
$100 flat.
The City of Norfolk requires a fixed $10,000 bond to be permitted as a dealer in precious metals and gems. Our carrier's rate book sets the premium for this bond at a flat $100 — same number for every dealer. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.
Trusted by industry leaders
Three steps. One sitting.
A fixed-amount dealer permit bond is the simplest thing in surety. Here's the whole process:
Apply online
Your business/trading name, business details, and an effective date. No financials, no credit section.
Pay & e-sign
Dealer permit bonds like this are among the thousands that issue right after purchase. At most, 1–2 business days.
File with the City of Norfolk
Your executed bond and power of attorney arrive by email, ready to file with your City of Norfolk precious metals dealer permit. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A precious metals dealer bond is a consumer-and-law-enforcement guarantee. Dealers who buy gold, silver, and gems sit in a spot where stolen property can change hands — the City of Norfolk wants a financial backstop that you'll keep records, hold purchases, and deal honestly.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Norfolk (the obligee). If you violate the conditions of the City's precious metals dealer permit, a harmed party can recover against the $10,000 bond.
Keep the bond active for the life of your permit. Let it lapse and the City can act against the permit — so we track it and notify you 60 and 30 days out, keeping your $10,000 filing continuous.
You need this bond if you're
One application, issued instantly.
These are the actual issuing fields — the application collects no credit information, so most approve instantly.
Start the application →Common questions.
Other Virginia bonds.
Finish your Norfolk dealer permit today.
$100 flat, no credit review, bond often issued in the same sitting. Free until issued.