Pure Marketplace Fee Rate Structure
There are two separate fee rates on pure, depending on whether your items are classified as bullion or semi-numismatic coins. Fee rates are also dynamic and can rely on supply and demand forces at any time. Generally, tighter spreads and lower premiums have the lowest fee rate (0.75%), while the higher fee rate (3.0%) applies to less-liquid products with higher premiums.
Some examples of the (0.75%) fee structure:
American Gold Eagles
American Silver Eagles
Canadian Maple Leafs
Australian Kangaroos
Gold Bars
Silver Bars
Platinum Bars
Palladium Bars
Vintage World Gold
Some examples of the (3.0%) fee structure:
Proof American Gold Eagles
Proof Platinum Eagles
American Liberty High Reliefs
These fee rates are dynamic and can change over time, any updates to the fee rates will be outlined specifically on the checkout page before locking in an order.
Selling Different Fee Structured Items
Say you add one item from the lower tier structure above and one item from the higher tier structure together in the same cart to sell. The system will automatically adjust the fees to match their respective fee structures.
For instance, in the chart above, there are two types of products being sold: American Silver Eagles (0.5%) and Proof American Gold Eagles (3.0%) creating a combined fee rate of (1.25%).
What does the fee rate cover?
Our fee rate covers a couple of different things that keep the marketplace operating and pushing more volume.
Shipping Insurance (Third-Party Double Insured)
FedEx Overnight Labels (Over $25k), FedEx express labels (Under $25k)
Development and employee salaries
Market Hedge
Identity, AML, and Fraud Prevention
Your support of the fee rate allows Pure to become a better marketplace and be able to add more products and build more markets in the future.
Shipping Costs and Labels
FedEx Express is the most commonly used service for Pure, with overnight labels and express labels generated just 15 minutes after your order is locked in. Shipping is complimentary. Orders may qualify for an overnight label based on an algorithm that assesses order type, size, and current market conditions. If not, a standard two-day label will be provided. We will soon introduce an optional, fee-based upgrade for shipping, allowing customers to select overnight delivery on orders that would not typically qualify for this service.
All orders must include the original packing slips and be packed box-in-box to be considered for insurance. Orders may not be shipped over the weekend and could result in voided shipping insurance if shipped on Fridays. You have up to three business days to ship your items from the day the order was placed. Please contact us if you are not able to ship it within the three business days.