Last updated: 29 September 2026
Important: This English version is provided for information purposes. The contractual language is German. In the event of any discrepancy, the German version shall prevail.
1. SCOPE AND CONTRACTING PARTY
1.1 These General Terms and Conditions (GTC) apply to contracts for the sale and delivery of goods by:
GP METALLUM
Owner: Gerd Poskowski
Marienkäferweg 38
14532 Stahnsdorf
Germany
Email: shop@gp-metallum.de
1.2 Separate terms and conditions apply where GP METALLUM purchases precious metals from customers.
1.3 Customers may be consumers or business customers. A consumer is a natural person entering into a legal transaction for purposes that are predominantly outside that person's trade, business or independent professional activity.
A business customer is a natural or legal person or a partnership with legal capacity acting in the course of its commercial or independent professional activity.
1.4 Deviating terms and conditions of the customer apply only where GP METALLUM has expressly agreed to them.
2. CONCLUSION OF CONTRACT
2.1 The presentation of goods in the online shop does not generally constitute a binding offer to conclude a purchase contract. It enables the customer to submit a binding offer.
2.2 By submitting an order, the customer makes a binding offer to conclude a purchase contract for the goods contained in the shopping cart.
2.3 An automatically generated acknowledgement or order confirmation initially merely confirms receipt of the order and does not constitute acceptance unless acceptance is expressly stated.
2.4 A contract is concluded when GP METALLUM expressly accepts the order. Acceptance may in particular take place by means of a separate order confirmation, by sending an invoice or by another express declaration of acceptance.
2.5 In the case of orders individually agreed by telephone or email, the contract is likewise concluded only upon express acceptance by GP METALLUM.
2.6 For goods whose price depends on current precious-metal or financial-market prices, the price agreed when the contract is concluded is binding. Subsequent increases or decreases in market prices do not alter the agreed purchase price.
3. PRICES, TAXES AND ADDITIONAL COSTS
3.1 Prices displayed in the online shop are final prices in euros, unless expressly stated otherwise.
3.2 VAT treatment depends on the respective goods. Where VAT applies, it is included in the displayed final price.
3.3 Investment gold is exempt from VAT under Section 25c of the German VAT Act where the statutory requirements are met.
3.4 For goods subject to the margin scheme, VAT included in the selling price is not shown separately in accordance with the applicable statutory provisions.
3.5 Shipping costs and, depending on the payment method selected by the customer, payment charges may be payable in addition to the purchase price. The applicable costs and payment conditions are stated under Payment & Shipping and, where relevant to the particular order, are displayed before the order is submitted or communicated before conclusion of the contract in individually agreed transactions.
4. PAYMENT
4.1 The payment methods currently available are displayed in the online shop or communicated as part of an individually agreed order.
4.2 Payment by bank transfer is generally made in advance. Unless otherwise stated on the invoice, payment must be made for value within two working days. The customer must arrange payment in sufficient time for the full invoice amount to be credited to the account specified by GP METALLUM within the stated period.
4.3 Bank transfer is available without a separate payment charge.
4.4 PayPal is available only for eligible goods. Goods made of or containing gold cannot be paid for using PayPal.
4.5 Where PayPal is offered and selected by the customer, a payment charge may apply. Payment charges are levied only to the extent permitted by law. The applicable amount is stated under Payment & Shipping and is displayed before the order is submitted.
4.6 Cash payment may be offered where personal collection has been agreed.
4.7 Statutory provisions concerning default in payment remain unaffected.
5. DELIVERY, SHIPPING AND COLLECTION
5.1 The automated ordering process in the online shop is configured for delivery addresses in Germany.
5.2 Deliveries to other member states of the European Union are made exclusively to commercial resellers who have been verified and separately approved in advance by GP METALLUM. Further information concerning the procedure and shipping conditions can be found under Payment & Shipping.
5.3 Deliveries to countries outside the European Union are made only where GP METALLUM expressly offers and agrees such delivery in the individual case.
5.4 Delivery times and other delivery conditions are stated in the relevant product description, during the ordering process or in an individual agreement.
5.5 Goods are generally dispatched only after payment has been received in full, unless another payment arrangement has been agreed.
5.6 In the case of PayPal payments, delivery may be restricted to the delivery address confirmed as part of the PayPal transaction due to the payment provider's security requirements.
5.7 Statutory rules concerning the transfer of risk apply to consumers.
Where the recipient independently gives the shipping provider a safe-place authorisation, drop-off agreement or comparable delivery instruction and the shipment is properly deposited in accordance with that instruction, such deposit may constitute delivery to the extent permitted by law. Where the statutory requirements are met, the risk of loss or damage occurring after such proper deposit falls within the recipient's sphere of risk. Mandatory statutory provisions remain unaffected.
5.8 In transactions with business customers involving shipment, the risk of accidental loss or accidental deterioration passes in accordance with statutory provisions when the goods are handed to the person or organisation designated to carry out the shipment.
5.9 Consumers are requested, where possible, to have externally visible transport damage documented by the carrier and to notify GP METALLUM. Failure to do so does not affect statutory warranty rights.
5.10 Business customers are additionally subject to applicable statutory inspection and notification obligations, including Section 377 of the German Commercial Code where applicable.
5.11 Personal collection in Stahnsdorf is possible only by prior arrangement. No precious-metal stock is held at the office premises for unannounced collection or sale.
6. FAILURE TO PAY OR ACCEPT GOODS
6.1 If the customer fails to make a payment when due or fails to accept goods duly made available or dispatched in accordance with the contract, GP METALLUM retains its statutory rights.
6.2 Where the statutory requirements are met, GP METALLUM may in particular withdraw from the contract following expiry of an appropriate period for performance and claim compensation for loss actually incurred.
6.3 In the case of market-price-dependent goods, recoverable loss may in particular result from an adverse change in market value between conclusion of the contract and a subsequent necessary disposal of the goods.
6.4 Where goods have been specially procured, reserved, assembled or personalised for the customer, recoverable loss may, where permitted by law, also include special procurement, processing or disposal costs actually incurred.
6.5 No flat-rate contractual penalty is charged. The loss actually recoverable under applicable law is decisive.
7. RETENTION OF TITLE
The goods remain the property of GP METALLUM until the agreed purchase price has been paid in full.
8. STATUTORY WARRANTY RIGHTS
Statutory provisions apply to defects in goods and defects in title.
In the case of used coins, bars, medals, jewellery or other used or collectible goods, expressly agreed information concerning their condition and characteristics forms part of the agreed condition of the goods.
9. RIGHT OF WITHDRAWAL
The separately provided Withdrawal Information applies to consumers.
10. CONTRACT LANGUAGE
The contractual language is German. English translations of these GTC and other legal information are provided for information purposes. The German version is authoritative in the contractual relationship between GP METALLUM and the customer.
11. APPLICABLE LAW
The law of the Federal Republic of Germany applies, excluding the United Nations Convention on Contracts for the International Sale of Goods (CISG).
In transactions with consumers, this choice of law applies only insofar as it does not deprive the consumer of protection afforded by mandatory provisions of the law of the country of the consumer's habitual residence.
12. JURISDICTION
Where the customer is a merchant, a legal entity under public law or a special fund under public law, the business location of GP METALLUM shall be the place of jurisdiction to the extent that such an agreement is permitted by law.
13. CONSUMER DISPUTE RESOLUTION
GP METALLUM is neither obliged nor willing to participate in dispute resolution proceedings before a consumer arbitration board.