(a) The purchaser at any auction sale of any watch, clock, jewelry, silver or silver-plated ware or optical goods may return it to the auctioneer at any time within five days from the day of the sale if the watch, clock, jewelry, silver or silver-plated ware or optical goods are not of the quality represented to him or her. The auctioneer shall return to the purchaser the price of the article, and the bondsmen of such auctioneer shall be liable for the return to the purchaser of the purchase price. If he or she refuses to do so, he or she shall forfeit his or her license and be liable to a fine. If it is made to appear, to the satisfaction of the City Clerk, that the place of sale or the place of business of any such auctioneer has been closed at any time during the five days for the purpose of avoiding an offer to return any such article so sold, the City Clerk shall revoke the license of the auctioneer.
(b) Every person licensed under this chapter shall post in a conspicuous place, so that it can be readily seen, a sign or placard containing the provisions of subsection (a) hereof. Such sign shall be printed in fourteen point Linwood type and prepared and furnished by the City Clerk free of cost. The place of posting of such sign shall be designated by a member of the Police Department. Every such auctioneer, and his or her agents and employees, shall maintain the placard or sign as provided in this section in the place designated.
(1979 Code Sec. 5.64.060)