[CC 1997 §14.1; Ord. No. 2788-96, 8-21-1996]
For the purposes of this Chapter, the following words and phrases shall have the meanings respectively ascribed to them by this Section:
- COIN AND PRECIOUS METAL DEALER
- Any business or persons engaged in the business of purchasing or trading precious metals, precious stones, jewelry or coins from the general public for the purpose of salvage, scrap, recycling, resale from a store or stand, except licensed retail jewelers, shall be subject to the provisions of this Chapter.
- A permanent record of all purchases or trades made by a coin or precious metal dealer, documenting the following: date of purchase or trade, name and address, age, sex, race, motor vehicle operator or chauffeur license number, and social security number of any seller or trader, and a full description of the object or property purchased or traded.
[CC 1997 §14.2; Ord. No. 2788-96, 8-21-1996]
All coin or precious metal dealers shall be required to secure a license and pay a fee as required in Chapter 605, Licenses, before doing business within the City.
Every coin or precious metal dealer or any person doing business in the purchasing or selling of precious metals, precious stones, jewelry or coins or any similar other items shall maintain a register of all such purchases or trades. This register shall be open for inspection by the Police Department, and in the event any receipt is given, a copy shall be maintained by such person which shall be open for inspection by the Police Department.