(A) (1) Every person dealing in precious metals such as gold, silver and platinum shall keep a record of all purchases from private individuals at the time of each purchase, which individuals are not themselves licensed dealers regularly engaged in the buying and selling of precious metals. The following information shall be obtained:
(a) The date of the transaction;
(b) The number that appears on the seller’s driver’s license, or comparable identification used;
(c) The type of identification used;
(d) The name and address of the seller as it appears on the item of identification;
(e) A complete and accurate description of the property; and
(f) The signature of the seller.
(2) If coins are purchased in large numbers so that it is impractical to describe each coin separately, the description may consist of a general description of the various denominations of coins included, together with their total weight or face value.
(B) This record shall be made available to any law enforcement agency or officer upon request and shall be preserved for a period of one year after purchase.
(2000 Code, § 22-51) (Ord. 81-4, passed 6-9-1981) Penalty, see § 110.99