There are several laws that govern the purchase of precious metal from the public, and the sale of that precious metal to refinders or other entities. Knowing these laws, and how to comply, is important to any jewelry company that buys second-hand items from consumers. Click on each link below to learn more. Information provided by the
Jewelers Vigilance Committee.
Buying precious metals from the public in Ohio: Important LawsAnti-Money Laundering Laws: Gold Buyers are Covered and Must Comply
To answer more specific questions, please contact the Ohio Department of Commerce at www.com.ohio.gov.