Terms of Service
These Terms of Service (“Terms”) are a binding legal agreement between you and The Coin Shop LLC (“we,” “us,” “our”) governing access to and use of the Coin Dealer X website, applications, APIs, emails, and related services (collectively, the “Service”). By accessing the Service, applying for membership, creating an account, listing inventory, placing orders, sending messages, or otherwise using the Service, you agree to these Terms and our Privacy Policy (collectively, this “Agreement”).
If you do not agree, do not use the Service.
1. Who may use the Service
The Service is a business-to-business (B2B) platform for vetted U.S. coin, bullion, currency, and related dealers. You represent that you:
- Are a legitimate business (or authorized representative of one) engaged in numismatic or precious-metals trade;
- Have authority to bind your business to this Agreement;
- Will use the Service only for lawful wholesale dealer activity in the United States unless we expressly authorize otherwise;
- Are at least 18 years old (or the age of majority in your state).
2. We are a platform — not a party to your deals
Coin Dealer X is a technology and listing platform only. We do not buy, sell, broker, custody, ship, grade, authenticate, or guarantee any coins, bullion, currency, or other items (“Items”). We are not a marketplace facilitator that holds funds, an escrow agent, a payment processor for dealer-to-dealer settlements (except where we explicitly provide a separate payment feature and say so in writing), an auctioneer, dealer, investment adviser, or fiduciary.
All offers, acceptances, prices, shipments, payments, disputes, and performance are solely between the participating dealers (each a “Member”). Any contract of sale or other agreement is strictly between buyer and seller Members. We are not a party to those transactions and have no obligation to enforce them.
Members must not state or imply that we guarantee, insure, underwrite, or are responsible for any Member, listing, message, order, payment, or shipment. Membership or “vetted” status is not an endorsement.
Deals arranged off the Service (telephone, coin show, email outside the platform, etc.) are between the parties only and are not covered by this Agreement unless we expressly say otherwise in writing.
3. Vetting, membership, and no warranty of dealers
We may review applications, references, and conduct before granting access. Approval, listing, messaging, or any “vetted” label does not constitute an endorsement, guarantee, or warranty of any Member’s identity, solvency, inventory, licensing, compliance, ethics, or ability to perform. You are solely responsible for your own due diligence, including reference checks, know-your-customer practices, and compliance with federal, state, and local law (including anti-money-laundering, precious-metals dealer, and sales-tax obligations).
We may approve, suspend, restrict, or terminate any account or listing at any time, with or without notice, for any reason or no reason, including interim limits (e.g., view-only access) while investigating conduct.
4. Member representations
You represent and warrant that:
- You will comply with all applicable laws, rules, and Service policies;
- You have good and marketable title to Items you list and the right to sell them;
- You will honor commitments you make through the Service (orders, messages, listed prices, and payment/shipping terms) or promptly communicate changes;
- Your Member Content does not infringe third-party rights;
- You will not allow unauthorized persons to use your account credentials.
Operators, employees, and affiliates of The Coin Shop LLC may themselves be active Members and may buy or sell on the Service like any other dealer.
5. Dealer standards
As a condition of membership, you agree to conduct wholesale activity in good faith, including:
- Accurately representing Items, grades, holders, alterations, and material defects;
- Not knowingly listing stolen or counterfeit Items (unless clearly labeled as such for legitimate trade);
- Cooperating with law enforcement regarding stolen property when appropriate;
- Fulfilling paid orders promptly and working in good faith to resolve disputes with counterparties;
- Not engaging in harassment, bait-and-switch, or conduct that could harm the Service, other Members, or the trade.
Violation may result in immediate suspension or termination.
6. Listings, descriptions, and Member content
Members are solely responsible for all listings, photos, videos, prices, quantities, grades, certifications, spot formulas, premiums, shipping terms, and communications they post (“Member Content”).
We do not verify grades, authenticity, melt value, Greysheet or CDN values, catalog references, populations, or third-party pricing. Member Content and third-party postings are not guaranteed for accuracy, reliability, completeness, or timeliness. All Items are sold between dealers as described by the seller — often “as is” — unless the parties agree otherwise.
7. Market data, spot prices, and live pricing — critical disclaimer
PRICES DISPLAYED ON THE SERVICE — INCLUDING “LIVE,” “SPOT-BASED,” “SPOT + PREMIUM,” GREYSHEET-RELATED, CDN-RELATED, AUTOMATED, OR DYNAMICALLY CALCULATED PRICES — MAY BE DELAYED, INCORRECT, INCOMPLETE, UNAVAILABLE, OR CHANGE WITHOUT NOTICE. YOU MUST NOT RELY ON ANY PRICE SHOWN ON THE SERVICE FOR ANY TRANSACTION, HEDGE, MARGIN DECISION, INVENTORY MARK, OR CUSTOMER QUOTE.
Spot, bid, ask, auction records, and reference prices may be supplied by third parties (including metals feeds, Greysheet/CDN, SpotPro integrations, or manual entry). We do not guarantee the accuracy, timeliness, source, or continuity of any market data. Failures may result from feed outages, API errors, network latency, software bugs, manual errors, market halts, weekends, holidays, or dealer configuration mistakes.
You alone are responsible for confirming current market prices from independent sources before buying, selling, listing, delisting, or fulfilling any order. We are not liable for any loss arising from price staleness, feed failure, miscalculation, rounding, unit conversion errors, premium misconfiguration, automatic delist rules, interruption of service, or any discrepancy between displayed price and actual market price.
Dynamic pricing and auto-delist features are convenience tools only. They may fail silently or produce unintended results. Use at your own risk.
No investment advice: Nothing on the Service is investment, financial, legal, or tax advice. You are solely responsible for your business and inventory decisions.
8. Orders, payments, and fulfillment
When the Service records an order, that record is primarily a coordination and status tool between Members. Unless we explicitly state otherwise for a specific payment method we operate:
- Payment is arranged directly between buyer and seller (wire, ACH, Zelle, cash in person, check, card, or other methods the parties choose);
- We do not guarantee payment, collectability, chargebacks, or reversal of bank transfers;
- Shipping, insurance, tracking, loss, damage, and delivery are solely between the parties;
- Taxes, duties, and regulatory filings are each Member’s responsibility.
Any payment instructions displayed (wire memo, Zelle address, etc.) are provided by Members. Verify them independently before sending funds.
9. Membership, fees, and license
Access to dealer marketplace features requires an active membership in good standing. Current published pricing (see pricing) is:
- Founding dealers: the first 50 approved dealers receive complimentary founding access for as long as the program remains in effect for their account;
- SpotPro bundle: dealers with an active SpotPro subscription receive Coin Dealer X wholesale access at no additional charge while SpotPro remains active and the bundle program continues;
- Standard membership: after founding slots are filled, newly approved dealers receive a 15-day trial, then $45 per month (USD) for flat wholesale access.
We do not charge per-listing fees or a percentage of your sales on the Service. Payment processing between dealers (wire, ACH, Zelle, cash in person, card, etc.) remains between the parties unless we explicitly provide and identify a separate platform payment feature.
We may change membership pricing or programs with notice as described in Section 12. Founding and bundle benefits assigned to your account are tied to the program rules in effect at assignment unless we state otherwise in writing.
If your trial ends, subscription lapses, or SpotPro bundle eligibility ends, we may suspend marketplace access until a qualifying membership is restored. Billing self-service may be added later; until then, contact info@spotpro.us for activation.
You receive a limited, non-exclusive, non-transferable, revocable license to access the Service while your account and membership are in good standing. You are responsible for third-party fees in your own arrangements.
10. Acceptable use and restrictions
You may not: misrepresent Items or your business; list stolen or counterfeit goods; circumvent vetting; scrape, crawl, or overload the Service; decompile or reverse engineer the platform; republish or resell Service content or data feeds; harass other Members; use the Service for unauthorized consumer retail solicitation; violate export or sanctions law; share login credentials; or use the Service in any manner that could harm us, other Members, or third parties.
11. Data use
We may use data from applications, listings, orders, messages, referrals, and other Service activity to operate, secure, analyze, and improve the Service, including aggregated or de-identified analytics. We may also use such data to inform related products and services (including SpotPro, pricing tools, and dealer network features), as described in our Privacy Policy. We do not sell your personal information for money.
12. Service changes
We may modify, suspend, or discontinue any part of the Service at any time, with or without notice. We may change policies, features, or limits. Posting updated Terms or sending notice constitutes effective modification. Continued use after changes constitutes acceptance. If you disagree, your sole remedy is to stop using the Service and request account closure.
13. Privacy
Our Privacy Policy is incorporated into this Agreement.
14. Disclaimers
THE SERVICE AND ALL CONTENT, MARKET DATA, LISTINGS, AND TOOLS ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. WE DISCLAIM ALL WARRANTIES, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, AND QUIET ENJOYMENT.
We do not warrant uninterrupted or error-free operation, that defects will be corrected, or that the Service or servers are free of viruses or harmful components.
15. Limitation of liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE COIN SHOP LLC AND ITS OWNERS, OFFICERS, EMPLOYEES, CONTRACTORS, AFFILIATES, LICENSORS, AND SUPPLIERS WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES; LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR BUSINESS; COST OF COVER; ATTORNEYS’ FEES; OR PRECIOUS-METALS OR NUMISMATIC MARKET MOVEMENTS, ARISING FROM DELAY, ERROR, OMISSION, INACCURACY, OR INTERRUPTION OF THE SERVICE OR ANY INFORMATION ON IT, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR ANY OTHER THEORY, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY.
OUR TOTAL AGGREGATE LIABILITY FOR ALL CLAIMS ARISING OUT OF OR RELATED TO THE SERVICE OR THIS AGREEMENT WILL NOT EXCEED THE GREATER OF (A) ONE HUNDRED U.S. DOLLARS (US $100) OR (B) THE AMOUNTS YOU PAID US FOR THE SERVICE IN THE TWELVE (12) MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM.
Your sole remedy for dissatisfaction with the Service or any breach by us is to terminate your account and stop using the Service. Some jurisdictions do not allow certain limitations; in those jurisdictions, our liability is limited to the fullest extent permitted by law.
16. Indemnification
You will defend, indemnify, and hold harmless The Coin Shop LLC and its affiliates, officers, owners, employees, and agents from and against all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of or related to: (a) your use of the Service; (b) your Member Content, listings, or transactions; (c) your breach of this Agreement; (d) your violation of law or third-party rights; (e) disputes with other Members; or (f) any Items you buy or sell.
17. Release
To the fullest extent permitted by law, you release us from all claims, demands, and damages arising out of disputes with other Members, transaction failures, payment disputes, shipment problems, Item quality or authenticity, and market or pricing errors. If you are a California resident, you waive California Civil Code § 1542 to the extent permitted by law.
18. Dispute resolution and governing law
This Agreement is governed by the laws of the State of Michigan, without regard to conflict-of-law rules. Any dispute will be brought exclusively in the state or federal courts located in Michigan, and you consent to personal jurisdiction there.
Jury trial waiver: Each party waives any right to a jury trial in any proceeding arising from this Agreement.
Attorneys’ fees: The prevailing party in any litigation to enforce this Agreement may recover reasonable attorneys’ fees and costs.
Class actions: You agree to bring claims only in your individual capacity, not as a class or representative plaintiff, to the extent permitted by law.
19. General provisions
- Entire agreement: This Agreement supersedes prior understandings regarding the Service.
- Independent contractors: You and we are independent contractors; nothing creates a partnership, joint venture, or agency.
- Non-assignability: You may not assign your account or rights without our written consent.
- No waiver: Failure to enforce any provision is not a waiver of future enforcement.
- Severability: If any provision is invalid, the remainder stays in effect.
- Regulatory changes: If any provision conflicts with applicable law, it will be modified to the minimum extent necessary to comply.
- Termination: Either party may end access at any time. We may terminate immediately for breach or risk to the platform.
20. Contact
Questions about these Terms: info@spotpro.us
The Coin Shop LLC · Brighton, Michigan, USA