NOTICE TO WCM CLIENTS & Site Visitors:


As of December 1, 2018, the owner & principal of Wexford Capital Management, David W. Young, approaching 7 decades of age, went into full retirement with the company ceasing all operations.  Naturally, any outstanding orders or buy-backs with WCM as of 12/01/18, will be handled in the same professional manner in which they were managed for the 29.6333 years of company existence.

Mr. Young originally planned to retire in 2 to 3 more years, but the U.S. Supreme Court on June 21, 2018 unexpectedly changed the date of retirement.  Since WCM operates solely within the Internet to generate revenue, the short-sighted & uninformed decision by the Supreme Court to allow State Sales Tax to be charged on all internet sales would create both a huge man-hour and cost burden upon the company to administer and comply.  State sales tax filing software is not cheap, the States generally require a company to file monthly or quarterly REGARDLESS OF WHETHER OR NOT A TAX LIABILITY ACTUALLY EXISTS, and the time required to input the raw data into any system would be unduly burdensome on the company.  Many small internet businesses such as WCM will close in the next year or two based upon this ruling that will ultimately prove costly to both consumers and the U.S. economy.  The States with the most precarious fiscal conditions will lead the way with new internet sales tax legislation, which cannot be retroactive, and you know who they are.

In order to provide continuity for my existing clients, who Mr. Young thanks wholeheartedly for the twenty years plus that WCM has been selling and buying Precious Metals Bullion, and the fifteen plus years of selling and buying Fancy Colored Diamonds, the following highly experienced and trustworthy entities are unequivocally recommended for future transactions:


I.  PM BULLION PURCHASES & SALES ( Buy-Backs )

        Treasure Island Coins, www.treasureislandcoins.com
         mdols@treasureislandcoins.com

         (701) 204-0664, Trader Matt Dols will handle WCM clients.

          1429 42nd Street, Fargo, ND  58103


II.  COLORED DIAMOND PURCHASES & SALES

   1.  Leibish Polnauer & Company, www.leibish.com
        info@leibish.com
        (855) 534-2474
        (212) 921-9700

         580 Fifth Avenue, Suite 2502, New York, NY  10036

   2.  Stephen C. Hofer, Fancy Colour Consultants, LLC
        www.stephenhofer.com
        hofercolour14@gmail.com
        (413) 269-4004

***********************

Wexford Capital Management has conducted millions of dollars of transactions over a period spanning 10 to 15 years plus with the above referenced companies, and can attest fully to their efficiency, integrity, fair pricing, and achievement of total customer satisfaction in all phases of Precious Metals Bullion and Fancy Colored Diamond purchases and sales.

As General MacArthur said during his fairwell speech to Congress on April 19, 1951, "Old soldiers never die, they just fade away".  In my own words, the quote would be, "Old sages never die, they just quietly fade away".

And with that parting message, I bid you adieu and thank you all once again for your business and loyalty over the years.


David W. Young, The SAGE of Wexford


P.S.  Webster's definition of "retirement":

(Entry 1 of 2) : the act of ending your working or professional career : the act of retiring. : the state of being retired. : the period after you have permanently stopped your job or profession.