Prince George precious metals bonds.
$100 flat.
To deal in precious metals or gems in Prince George County, Virginia, you must obtain a local permit and file a $10,000 recognizance secured by a corporate surety — the amount fixed by Virginia Code §54.1-4108. Ours is $100 flat, the price you see is the checkout price, and no credit check.
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How much does a Prince George precious metals bond cost?
$100 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
Dealer recognizance bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
File with your permit application
Your executed bond and power of attorney arrive by email, ready to file with the Prince George County permit application (issued through the Sheriff / County). Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Virginia regulates anyone who buys precious metals or gems from the public — pawn-adjacent dealers, jewelers buying scrap gold, coin and bullion buyers. Before a dealer can operate in Prince George County, Virginia law requires a local permit and a $10,000 recognizance secured by a corporate surety.
It is a three-party arrangement: you (the principal), the surety carrier, and the Commonwealth/Prince George County (the obligee), with the public as the protected parties. The bond stands behind your compliance with the dealer law — accurate recordkeeping, the holding period on purchased items, and honest dealing. If you violate it and someone is harmed, they can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Dealers who keep proper records and follow the holding rules treat the bond as a permit formality, not a risk.
You need this bond if you're
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 permit application. Your executed bond and power of attorney arrive by email, ready to file with the Prince George County permit application (issued through the Sheriff / County). 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 →Common questions.
Other Virginia bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your dealer permit checklist today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.