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Secondhand Precious Metal Dealers and Pawnbrokers Program

Posted by admin | May 26, 2010 .

A Secondhand Precious Metals Dealers License is generally required to buy scrap gold in more than a few states. Some state regulators administer the scrap gold licensing programs. In other locales you will have to contact your local police department or city hall.

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

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