BGC Gold Coin
The Birmingham Gold & Silver Companies BGC Token (BGC) White Paper
Intro
This project is about the BGC Token (BGC) the token that has been issued by us on the Waves Platform to close the gap between the percentage of spot price paid for gold, silver and platinum AND the actual spot price for these precious metals. When a member of the public wishes to sell gold, silver or platinum they can receive anywhere from 50% of market price from local jewellers up to 93-95% of market price, which we pay. If we could pay 99% of market price unlike any other company in the world its win-win. Our turnover would quadruple and you the general public would receive a lot more for your gold and silver.
As a market leading precious metals dealer based in the Uk we, like all other dealers pay a percentage of the market or spot price for precious metals. Dealers and jewellers can pay anywhere between 50% of spot price up to 90% (for the Public not Trade) We are currently paying around 93-95% of the spot price which is slightly above industry standard and we have an excellent reputation in the business.
