"CASH for TODAY - GOLD for TOMORROW"
FAQ's - Frequently Asked Questions
What If I Don’t Have A Social Security Number Or Federal Tax I.D. Number?
If you do not want to list your Social Security or Federal Tax I.D. number just print “Please Assign” in that space. The computer will assign you a Customer I.D.#  which is used only for computer tracking purposes.
Social Security Numbers are not required and NO 1099’s are issued.


Is This Plan Available Everywhere In The World?
The plan is available in most countries around the planet. Some countries are exempted because they DO NOT allow gold or silver coins to be shipped into their country. Check with the U.S. Postal Service to see the LIST of countries where gold or silver coins can not be delivered.


How Does Gold Compare With Dollars As A Form Of Money?
All paper currency is merely a “medium of exchange”. Gold is real money. An ounce of gold may cost $900 to $1200 on today’s market.


Is the value of American Eagle Bullion Coins Guaranteed ?
Yes. They are produced by the U.S. Mint. The content and purity is guaranteed by the Treasury Department of the U.S. Government.  Their price (value) is quoted daily in the Wall Street Journal or on http://kitco.com.


Are We Selling Securities?
No. The private trust is not an investment program. We use simple Buy-Sell Layaway Purchases. The coins are physically delivered to the Purchaser. Brokerage or Security Licenses and/or S.E.C. registration is not required. The U.S. Supreme Court has ruled that gold is not a security because its price (value) is set by an independent source: The London Spot Price.


Are There “Scams” In Coin Programs?
Yes. Scams frequently occur in programs involving “Rare” or “Collector” coins, where the value is determined by “rarity and condition”. U.S. Gold and Silver Eagle Bullion Coins derive their value purely from their precious metal content and are instantly convertible to cash, if need be.


Is The This Program Or Company Approved By Regulatory Agencies?
No government agency approves or endorses any program or company.  The private trust administrates the distribution of the cash and coin disbursements.  The Gold Coin Team is a private organization of individuals from every corner of the earth.  The GoldCoinTeam.com is a marketing platform for the members of this private organization.

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Is This A Pyramid Scheme?
No. Pyramids Schemes offer no product or service. A pyramid scheme is one in which you can never reach the top.  In addition, commissions are paid only for the sale of product.


Are There Any Fees Or Investments Required To Participate In This Opportunity?
No, unless you wish to purchase Gold or Silver Eagles Gold Layaway Contract. This requires a minimal deposit.  You may fill out the paper work without purchasing a layaway contract and return it to the PROCESSING CENTER.


How Am I Protected?
Funds for Gold Purchases and Commissions go into a special computer-controlled Bank Account. The private trust receives no profit until a Gold Layaway Purchase has been completed, and all Associates concerned have been paid.


Can I Make Additional Money With This Gold Coin Plan?
Yes. You can not only earn commissions by selling our Gold Layaway Purchases, our “Sales Management” program is also available through which you'll earn additional Cash Bonus Overrides.


What Can I Do With These Gold And Silver Coins?
Convert them to cash (almost anywhere in the world). Borrow against them. Save them... they will grow in value. Accumulate them in large numbers and build your personal fortune.

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How Do I Acquire Gold For 40 Cents On The Dollar?
You make a $50 deposit on a $125 Gold Purchase. You pay the balance by selling a similar Gold Layway Purchases to 4 other people, this creates equity. $50 represents 40% of the $125 in Gold you have acquired.
All purchases use the same ratio of deposit / contract value.


What Coins Do I Receive For $125?
You don't receive a specific coin. You will receive whatever amount of Gold and/or Silver Eagles the $125 GLP will purchase (at the current market price) the day your agreement is completed. The balance of your contract is paid in cash to make up any difference. The Market Prices are published daily in The Wall Street Journal and other major newspapers. Do a search for "gold price" and a multitude of pages will come up.


What If I Sponsor More Than 4?
You put the extra associates under your first 4 associates (your Level 1 Associates). You are an “IMA” until you recruit your 4 associates. Then, you become a “Sales Manager”!


What If I Sponsor A “Non-Producer”?
Find a new Associate, then “buy out” the non-producer, using a “Bill of Sale” form from the PROCESSING CENTER


What If I Sell A Gold Purchase “Below” Where I Am Or Started?
Let’s say you are on a “C” and sell a “B” Gold Purchase. This is usually taken as an “IMA Sale”. The seller gets commission only on an IMA sale. There is no building of a down-line or overrides paid on an IMA sale.

OR... If the purchaser of the “B” chooses the “Sales Manager” option, “Option 2” on the GLP & Option Form, when they move up under your “C”, then you’ll earn commissions and overrides on that Associate.

OR... The seller can take out a new “B” and then sponsor this new sale under his new “B” and receive commissions and overrides as usual.

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What If I Sell A Gold Purchase “Above” Where I Am Or Started?
Let’s say you are on a “B” and make a “C” sale. This is called an “Exceeded Sponsor” situation. As soon as you get to your “C” contract, this “C” sale is placed under your “C” and then commissions and overrides are released, paid as usual.


Why Must We Use Certified Checks Or Money Orders For Gold Purchases?
Normally, purchasing Gold requires the purchaser to pay in cash or by using an electronic wire transfer. We are stretching it a bit by accepting certified funds. Banks fail and credit card charges can be denied, leaving us with worthless paper instead of Gold. Personal checks are accepted for supplies and extensions,  if needed.


How Many Forms Are Needed To Join? What Purpose Do These Forms Serve?
There are 2 FORMS. 

The Independent Marketing Associate (IMA) Contract.
The IMA gives you the right to sell. You fill out this form only once when you first enter the program.

The Gold Layaway Purchase & Option Form.
This form allow you to select which Gold Layaway Purchase you would like to purchase. In addition you will select an OPTION that will determine what to do with your Coins at the completion of each Gold Layaway Purchase Contract. At the bottom of the form select which OPTION you would like to excercise.

OPTION 1 - On completion of the Gold Layaway Purchase, all coins are sent to your address.

OPTION 2 - On completion of the Gold Layaway Purchase, some coins are sold and the proceeds are applied  to the GLP of your choice. The remaining balance (coins or cash) is sent to your address.

If a Gold Layaway Purchase & Option Form is received with the “Option” portion not filled in (incomplete), “Option 2” (to roll it over to the next higher contract) and “Coins” (for the difference-balance) will be used to complete the terms.


Do I Use The Gold Contract Number As My Advertising “Code Number”?
No. That number is used only for Sponsor Identification when bringing others into the Plan.


Can I Sponsor Myself Or Have My First Purchase Sponsor My Second Purchase, Etc.?
No. Commissions and overrides are only paid for sales to new or existing Associates, other than yourself, and not for additional purchases for yourself. But, you can re-enter your organization on the 4th level.

If I Live In Canada Do I Have To Pay Duty Tax When My Coins Are Delivered?
No, we have a DUTY FREE NUMBER you put in the "Special Instructions" section of the Application/Membership Agreement Form.

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1.   What If I Don’t Have A Social Security Number Or Federal Tax I.D. Number?
2.   Is This Plan Available Everywhere In The World?
3.   How Does Gold Compare With Dollars As A Form Of Money?
4.   Is the value of American Eagle Bullion Coins Guaranteed?
5.   Would I Be Selling Securities?
6.   Are There “Scams” In Coin Programs?
7.   Is The This Program Or Company Approved By Regulatory Agencies?
8.   Is This A Pyramid Scheme?
9.   Are There Any Fees Or Investments Required To Participate In This Opportunity?
10. How Am I Protected?
11. Can I Make Additional Money With The Gold Coin Plan?
12. What Can I Do With These Gold And Silver Coins?
13. How Do I Acquire Gold For 40 Cents On The Dollar?
14. What Coins Do I Receive For $125?
15. What If I Sponsor More Than 4?
16. What If I Sponsor A “Non-Producer”?
17. What If I Sell A Gold Purchase “Below” Where I Am Or Started?
18. What If I Sell A Gold Purchase “Above” Where I Am Or Started?
19. Why Must We Use Certified Checks Or Money Orders For Gold Purchases?
20. How Many Forms Are Needed To Join? What Purpose Do These Forms Serve?
21. Do I Use The Gold Contract Number As My Advertising “Code Number”?
22. Can I Sponsor Myself Or Have My First Purchase Sponsor My Second Purchase, Etc.?
23. If I Live In Canada Do I Have To Pay Duty Tax When My Coins Are Delivered?
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Contact: Bernie Wheater
 
bernie@goldcoins.zzn.com    
585-861-4838 EST
Rochester, NY
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