4-2-502: DEFINITIONS:
SECONDHAND DEALER: Any person, including, but not limited to, a partnership, corporation, joint venture, or firm, whose business includes buying, selling, trading, taking in pawn, and accepting for sale on consignment secondhand tangible personal property. A "secondhand dealer" does not include a coin dealer. For purposes of this section, a "coin dealer" shall mean any person, including, but not limited to, a partnership, corporation, joint venture, or firm, whose principal business is the buying, selling, and trading of coins, monetized bullion, or commercial grade ingots of gold, or silver, or other precious metals.
TANGIBLE PERSONAL PROPERTY: Includes, but is not limited to:
   A.   All secondhand tangible personal property which bears a serial number or personalized initials or inscription or which, at the time it is acquired or purchased by the secondhand dealer or pawn broker, bears evidence of having had a serial number or personalized initials or inscription.
   B.   All tangible personal property, new or used, received in pledge as security for a loan by a pawnbroker or a secondhand dealer acting as a pawnbroker.
   C.   All personal property commonly sold by secondhand dealers which statistically is found through crime reports to the California state attorney general to constitute a significant class of stolen goods.
Tangible personal property does not include:
   A.   Any new goods or merchandise purchased from a bona fide manufacturer or distributor or wholesaler of such new goods or merchandise by a secondhand dealer.
   B.   Coins, monetized bullion, or commercial grade ingots of gold, silver, or other precious metals. "Commercial grade ingots" means .99 fine ingots of gold, silver, or platinum, or .925 fine sterling silver art bars and medallions, provided that the ingots, art bars, and medallions are marked by the refiner or fabricator as to their assay fineness. (1962 Code §§ 6-12.101 et seq., 6-12.301 et seq.; amd. Ord. 93-O-2174, eff. 7-23-1993)