Precious Metals Dealers License Ohio

All examinations supervision and regulatory activities are performed by division staff that specializes in the operations of each of the specific industries.

Precious metals dealers license ohio. Calvert street 3rd floor baltimore md 21202. It also provided services to the jewelry industry including precious metal recycling and stone removal. Ohio precious metals was a gold silver platinum and palladium refiner and private mint producing a range of different bullion products. An ohio precious metals dealer license can only be obtained through an authorized government agency.

Proposed regulations currently open for public comment. Precious metals dealers application ohio precious metals dealers act ohio revised code sections 1321 20. License requirements vary by state. Registration and calibration of scales.

The license fee for a precious metals dealer s license and the renewal fee shall be determined by the superintendent provided that the fee may not exceed three hundred dollars. Call 410 206 6130 or e mail dloplspmg labor. Please expect to experience delays in both phone email response and application processing. To register your comments with the department send your letter to the maryland secondhand precious metal objects dealers pawnbrokers licensing program 500 n.

The mint was founded in 1974. Department of commerce division of financial institutions 77 south high street 21st floor. The ruling made by judge watson of the columbus division of the southern district of ohio paves the way for ohio businesses most prominently coin dealers to resume purchases of items containing gold and silver content and in particular to resume advertising their interest in purchasing inventory consisting of precious metals free from concern over confiscatory prosecution fines and regulations. Yes you likely need a license to be a precious metal dealer.

In 2012 it merged with dallas based ntr metals which later changed its name to. A license issued by the division shall expire on the last day of june next following the date of its issuance or annually on a different date set by the superintendent pursuant to section 1181 23 of the revised code. The division charters depository institutions licenses non depository financial services and conducts on site examinations. None at this time.

The dealer licensing section and the ohio department of public safety are at minimum staffing levels due to the instruction of governor mike dewine. To find the requirements for your state contact the appropriate state regulator. With half of the motor vehicle dealers and auction owners expiring on march 31st our first priority is.