(A) Coin collectors and coin dealers are not subject to the extensive record keeping and goods retention requirements for secondhand goods or used personal property dealers to the extent of their actual dealings in coins. However, if any such coin establishment also purchases, trades, barters or exchanges any other type of secondhand personal property, including gold, silver and/or other precious metals or jewelry, in conjunction with its coin dealership, the establishment shall be subject to the extensive record keeping, licensing and goods retention requirements of this subchapter so far as the items of gold, silver and/or other precious metals or jewelry are concerned.
(B) Coin collectors and coin dealers, although not subject to the record keeping, licensing and goods retention requirements of this subchapter so far as their coin dealings are concerned, are nevertheless required to meet the following conditions as they relate to their coin business.
(1) All coin dealers and/or collectors who conduct a coin business and no other precious metal business are required to register with the Business License Commissioner.
(2) The sponsor of a coin swap meet or convention is required to register with the Commissioner not later than three days before the scheduled date of the swap meet or convention. The sponsor is required to submit the following information at the time of registration:
(a) The type of swap meet to be conducted;
(b) The location of the swap meet or convention;
(c) The time and date of the swap meet or convention and its expected duration; and
(d) The approximate number of participants.
(2000 Code, § 5.50.160) (Am. Ord. 2014-05-0493O, passed 5-27-2014)