A. No person, corporation, partnership or association shall engage in the business of dealing in, selling and exchanging secondhand jewelry, sterling silverware or gold and silver coins or bullion without having first obtained a license as provided in this section.
B. The requirements of this section do not apply to the following:
1. Transactions at occasional garage or yard sales, estate sales, coin, gem, or antique or stamp shows, conventions or auctions.
2. Transactions involving the purchase of grindings, filing, slag, sweeps, scraps or dust from an industrial manufacturer, dental laboratory, dentist or agent thereof.
3. Operations between dealers licensed under this section.
4. Transactions at financial institutions licensed or regulated by the state of Idaho or U.S. government. (Ord. 1347, 2011)