DESCRIPTION: This license allows a business which has a permanent location in Oklahoma to take, receive, or transfer USED precious metals or gems in the course of business. Precious metals are Platinum, Gold, or Silver, but not in the form of coins. Gems are precious stones or items containing precious stones. The licensee can conduct business only at the location listed on the license.

TIME FRAME TO ISSUE: The approval process requires up to 60 days to complete.

FEES: The fees for this license include: a $425.00 one-time investigation fee and a $300.00 license fee for a total of $725.00

LICENSING PERIOD: This license is valid for one year, beginning on January 1^st.

LICENSING RENEWAL: This license may be renewed by submitting renewal documentation before December 1^st each year.

PREREQUISITES: The business must have a $10,000.00 bond at the time of application, and a full set of fingerprints and photograph of each owner or officer of the company.

NOTES by http://www.GoldPartyProfits.com :

Again, this Oklahoma Precious Metals Dealer License is focused on “brick-n-mortars,” or stores rather than gold parties in private homes, churches, etc.

The Oklahoma Precious Metals Dealer License page is :

http://www.ok.gov/okdocc/Precious_Metal_&_Gem_Dealers/index.html

When you invite family, friends, and acquaintances to your gold party it’s much like a garage sale. It’s a private and social event and you’re the gold party host. Your gold party guests have the option to sell their scrap gold and leave with cash or check.

Now, when you rent a hotel room and advertise for scrap gold sellers, under certain circumstances you may need a license. Again, this is thoroughly discussed in our guide, “How to Start a Gold Party Business & Create a Life-Time Income.”

There is some question as to whether you need a license of any kind to conduct scrap gold parties. When conducted in private homes, our experience is that a license is seldom required. When we rent hotel rooms and buy from the public we’ve often been told a second hand precious metals dealers license is required.

To be safe, if you’re concerned about scrap gold licensing, visit your local city hall and ask. Additionally, visit your local police department and discuss your scrap gold business model with them.

Regarding any state licensing, visit  Google.com and perform a search for scrap gold party license or scarp gold party licensing. Also, try second hand precious metals dealer license.

We tried this search: “Maryland precious metals dealer license” and wound up here: http://www.dllr.state.md.us/pq/ very nice! Notice the link, 2nd from the bottom on the right hand side: Secondhand Precious Metals Objects Dealers and Pawnbrokers