Physical Trades
To start, look at the very top of this page and see the 3 tabs ‘Description, Buyer, Seller’. A buyer must go to the Buyer tab and a seller must go to the Seller tab for a physical trade (physical print) in exchange for the currency both agreed to trade with (currently either XRP or SGB). This page is best viewed and understood on desktop and not on mobile devices.
Physical Mint Fee
For the physical print, Buyer will be required to send a separate payment over to JL to cover the print and postage costs of 80€ (includes VAT). JL will send a payment request to Buyer at the end process. Buyer will receive a tracking number once their package is in transit.
Service Fee
There is a service fee for processing this transfer. The fee is required to pay for the time and preparation of each new physical mint, removing the previous owners print from circulation along with updating the authenticity database.
The service fee varies based on the total value in EURO (€) of the offer at time of transfer to the JL wallet.
Please Note: This service is not available for agreed offers that amount to below €200. Below are the service fee brackets based on the offer:
- 20% service fee €200 – €500
- 15% service fee €500 – €1000
- 10% service fee €1000 +
Buyer
Follow the Black Boxes
Agreement
Once both have come to an agreement on our Discord, both Buyer and Seller fill in the transfer ownership form.
Seller
Follow the Gold Boxes
Complete Buyers Form
Enter all the required information in the Buyer form at the top of this page and await an email from the official email address: contact@jonnylawrence.com (allow 2 business days). JL will send the relevant crypto wallet address to send the amount to.
Complete Sellers Form
Enter all the required information in the Seller form at the top of this page and await an email response from JL (allow 2 business days).
Send
Buyer sends the amount agreed with the seller to the JL Wallet found in the email and the Physical Mint Fee (sent from contact@jonnylawrence.com). The service fee is applied based on the fee bracket of the transfer in € EURO.
Notify
Buyer notifies when the cryptocurrency amount has been sent to the JL Wallet.
Confirmation
JL confirms to Seller that the agreed amount is in the JL Wallet.
Mint
A new print and a unique certificate of authenticity is created by JL and sent to Buyer.
Burn
Seller is required to cut their print and certificate of authenticity in half and send photo evidence of both pieces with the authenticity number displayed within the photo/s. Don’t do this until you are sent a confirmation from JL that the amount from Buyer has been sent. Send photo evidence to contact+physicalseller@jonnylawrence.com
Or alternatively return the print to JL putting a value of 1€ in the customs invoice. Please note this is a slower option and the trade won’t be able to proceed until the print is returned successfully. (more risky option – potential loss of package or blocked at customs)
Asset Transfer
Buyer sends JL €80 to cover print, packaging and delivery costs (VAT included). The print will be delivered to Buyer and be given a tracking number.
Asset Transfer
The cryptocurrency amount is transferred over from the JL Wallet into Seller’s wallet.
Trade Complete
After this process, the ownership of the Physical Print is successfully transferred. The previous owners print and certificate of authenticity will be void.