These Terms and Conditions ("Agreement") govern the provision of a 5 (five) year, free of charge SafeGold storage service ("Service") by The Scoin Shop t/a The South African Gold Coin Exchange (“the Company”) to new clients who make a purchase on or after 02 October 2023, unless otherwise specified by the Company. By opting into this Service, the client agrees to be bound by the terms outlined herein.
2. Opting into the 5-Year Free Storage Contract
2.1. Upon making a purchase, the client will be automatically enrolled in a 5 (five) year free of charge SafeGold storage contract ("the Contract"). The client will have the opportunity to decline this offer at the outset.
3. Early Release of Stored Items
3.1. Should the client opt into the Contract and subsequently request the release of their purchased items before the Contract's expiry, the client shall be liable for payment towards the storage of their items for the duration of time the items were stored, which is less than 5 (five) years. The storage charges will be determined by the Company and are subject to change from time to time.
4. Contract Expiry and Renewal
4.1. Upon the expiration of the 5 (five) year free of charge Contract, the client may choose to collect their items, having given notice of no less than 90 days prior to expiry of the agreement, or enter into a new storage agreement at their own expense.
5. Automatic Renewal
5.1. In the event that the client fails to communicate within the notice period set out in point 4, with the Company, the Company reserves the right to automatically enrol the client into a 1 (one) year SafeGold contract. The cost of this contract will be borne by the client, and storage charges will be determined by the Company, and are subject to change.
6. Existing Clients
6.1. Any client who made a purchase from the Company before 02 October 2023, shall not be eligible for the free 5 (five) year SafeGold storage unless otherwise stipulated by the Company. Such clients shall be bound by the original SafeGold Agreement terms and conditions.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the Republic of South Africa.
8. Disclaimer
By using our Service, you acknowledge that you have read, understood, and agreed to be bound by these Terms and Conditions.