In addition to the requirements contained in Public Act 95 of 1981, as amended, no precious metal and gem dealer, or agent or employee of such a dealer, shall fail to:
(a) Require picture identification, in the form of a valid driver's license or valid State personal identification card, of persons purchasing or receiving a precious item from such a dealer, or from an agent or employee of such a dealer;
(b) Maintain and record accurately in the English language, on a Record of Transaction form meeting the requirements of Section 4 of Public Act 95 of 1981, as amended, in quadruplicate, the sale, exchange or disposal of any precious item by the dealer or agent or employee of the dealer. One copy of such form shall be given to the Police Department within forty-eight hours after the sale, exchange or disposal of a precious item; one copy shall be given to the customer; and one copy shall be retained by the dealer for a period of not less than one year after the transaction to which the Record pertains. If the Record of Transaction form indicates that the customer resides outside the jurisdiction of the Department, the dealer shall send a copy of the form to the police agency of the city, village or township in which the customer resides, as set forth on the form, or if that city, village or township does not have a police agency, to the Sheriff's Department of the county in which the customer resides, as set forth on the form. The copy sent to the appropriate police agency as provided for in this subsection shall not be open to inspection by the general public. The copy retained by the dealer shall be open to inspection by the County Prosecutor, the City Attorney, the Police Department, and the State Police, during ordinary business hours of the dealer.
(c) Include in the Record of Transaction form referred to in subsection (b) hereof a description of the property purchased, received, sold or otherwise disposed of. In the case of watches, the name of the maker and the number of both the works and the case shall also be included. In the case of jewelry, all letters and marks, including a jeweler's identifying mark, or a serial mark, inscribed on the jewelry, shall also be included. This subsection shall not apply in the case of items having a market value of less than five dollars ($5.00).
(d) Publicly display or make available for public display precious items received or purchased by a dealer for the seven-day retention period required by Section 5 of Public Act 95 of 1981, as amended.
(Ord. 21-88. Passed 11-29-88; Ord. 20-90. Passed 7-31-90.)