(a) A person exempt from licensing under Section 860.16(e) or (0, and who in the ordinary course of his or her business obtains ownership by purchase of articles made of or containing gold, silver, platinum or other precious metals or jewels from the public, shall maintain at each business location for at least the twelve months immediately succeeding any such transaction a record which shall include the following:
(1) The date and time of the transaction;
(2) The name and residential address of the seller and the means of identification used to establish the seller's identity;
(3) A physical description of the seller;
(4) A complete and accurate description of the article, including any brand names, initials, serial numbers or other identifying marks, monograms or symbols on the article; and
(5) The price paid for each article and the means of payment.
As used in this subsection, "purchase" does not include obtaining title to an article which is accepted as a trade-in by a person exempt from licensing under Section 860.13(e) and (f) when the transaction involves a retail sale of an article of equal or greater value and the value of the trade-in is used as all or a portion of the purchase price, nor does "purchase" include any purchase made under the supervision of a probate court as provided under Ohio R.C. 2113.40.
(b) No person exempt from licensing under Section 860.16(e) or (f) shall purchase any article that is made of or contains gold, silver, platinum or other precious metals or jewels from any individual whom he or she knows or has reason to believe is under eighteen years of age.
(c) Within sixty days after opening a new business location, any person exempt from licensing under Section 860.16(e) or (f) shall notify the Chief of Police, in writing, of the location of the records he or she maintains pursuant to subsection (a) hereof. These records shall be available during normal business hours for inspection by the Chief of Police or his or her designee.
(Ord. 1986-116. Passed 1-7-87.)