Buyback of investment gold

Business company: Baumann Group a.s.
Trade mark: GOLDU ®
Registered office: Vyskočilova 1481/4, 140 00 Prague 4, Czech Republic
Company ID No.: 22263284
VAT ID No.: CZ22263284
Entered in the Commercial Register: Municipal Court in Prague, Section B, File 29197
Web: www.goldu.cz
E-mail: info@goldu.eu
Telephone: +420 601 359 200

1. Introductory Information

1.1. Baumann Group a.s. offers the buy-back of investment gold under transparent and fair conditions corresponding to the standard also applied when selling investment gold through the GOLDU ® e-shop.

1.2. Current buy-back prices for gold bars and coins are usually stated for individual products in the e-shop of Baumann Group a.s. These prices change continuously depending on developments on global markets and the current gold price.

1.3. If no buy-back price is stated for a specific product, Baumann Group a.s. will prepare an individual price offer for the interested party.

1.4. For faster processing of the enquiry, Baumann Group a.s. recommends stating in particular the refinery or mint, weight, fineness, product type and number of pieces. Attached photographs may speed up and improve the assessment process.

2. Buy-back Conditions

2.1. Baumann Group a.s. buys back only original, complete and undamaged investment products.

2.2. In the case of gold bars, a product with cracked, broken or significantly scratched packaging, or a product whose condition does not correspond to the usual standard for safe buy-back of investment gold, is considered damaged in particular.

2.3. If a certificate of authenticity or another accompanying certificate has been issued for the product, Baumann Group a.s. is entitled to require its submission together with the product offered for buy-back.

2.4. Baumann Group a.s. does not buy back jewellery, technical gold or scrap gold.

2.5. Baumann Group a.s. is entitled to refuse the buy-back of a product where justified doubts arise concerning its authenticity, origin, fineness, condition or other decisive parameters.

3. Personal Buy-back of Investment Gold

3.1. Personal buy-back is possible only by prior arrangement with Baumann Group a.s.

3.2. Personal buy-back takes place at the following address:

Baumann Group a.s., GOLDU ®
BETA building – Brumlovka
Vyskočilova 1481/4
140 00 Prague 4

3.3. An appointment for personal buy-back may be arranged by e-mail at info@goldu.eu or by phone at +420 601 359 200.

3.4. During personal buy-back, Baumann Group a.s. verifies on site the authenticity, condition and basic parameters of the offered product.

3.5. The buy-back price is determined according to the current market value and the specific condition of the product being bought back.

3.6. After approval of the buy-back price, this price may be paid by bank transfer or in cash, according to the agreement of the parties and in compliance with the applicable legal regulations.

3.7. The entire process of personal buy-back may take place under camera surveillance with recording.

4. Postal Buy-back of Investment Gold

4.1. If interested in postal buy-back, the interested party contacts Baumann Group a.s. via a form, e-mail or telephone and provides basic information about the product they wish to offer for buy-back.

4.2. For preliminary assessment of the product, it is recommended to send photographs of the product from both sides and, where available, also photographs of the certificate or packaging.

4.3. After preliminary assessment, the interested party will receive instructions from Baumann Group a.s. regarding packaging, insurance and shipment.

4.4. The interested party is obliged to send the shipment in a safe and reasonable manner. Baumann Group a.s. recommends insuring the shipment appropriately and sending it by registered mail or courier.

4.5. After prior arrangement, the shipment may be sent to the following address:

Baumann Group a.s., GOLDU ®
BETA building – Brumlovka
Vyskočilova 1481/4
140 00 Prague 4

4.6. After receipt of the shipment, Baumann Group a.s. will verify the authenticity, condition and parameters of the delivered product and determine the final buy-back price.

4.7. Baumann Group a.s. will subsequently send the interested party a buy-back report or other confirmation containing the result of the assessment and the proposed buy-back price.

4.8. After the interested party approves the buy-back price, the buy-back price will be paid by bank transfer, usually no later than on the next business day, unless otherwise agreed between the parties.

5. Formation of the Agreement and Non-binding Nature of the Enquiry

5.1. By sending a form, e-mail or by any other preliminary communication, no purchase agreement or other obligation of Baumann Group a.s. to buy back the offered product is created between the parties.

5.2. By sending the form or contacting the company in another way, the interested party only submits a non-binding buy-back enquiry.

5.3. A buy-back agreement is concluded only after verification of the offered product, confirmation of the buy-back price by Baumann Group a.s. and its subsequent approval by the interested party, unless expressly agreed otherwise between the parties.

6. AML / KYC and Cooperation of the Interested Party

6.1. Baumann Group a.s. is entitled, before carrying out the buy-back, to require identification of the interested party and other necessary cooperation to the extent required by applicable legal regulations, in particular regulations in the field of prevention of money laundering and terrorist financing (AML/KYC).

6.2. If it is not possible to fulfil statutory obligations, verify the origin of the product being bought back or confirm its declared parameters, Baumann Group a.s. is entitled not to carry out the buy-back.

6.3. Baumann Group a.s. is also entitled not to carry out the buy-back where its execution would be contrary to legal regulations, the company’s internal rules or justified security requirements.

7. Important Notice

7.1. The interested party should not send goods without prior agreement with Baumann Group a.s.

7.2. Baumann Group a.s. bears no responsibility for unannounced shipments to the extent permitted by applicable legal regulations.

7.3. These buy-back conditions regulate the basic framework of the procedure for the buy-back of investment gold by Baumann Group a.s. Specific buy-back conditions may vary depending on the type of product, its condition and the result of the verification.

These buy-back conditions become effective on 29 March 2026.

Baumann Group a.s.