§ 185.402. Definitions.

As used in this Part:

(a)

Dealer means any person, or any principal, employee or agent thereof, engaged in or conducting business by the purchase, sale, barter or exchange of secondhand precious metals or secondhand jewelry.

(b)

Secondhand jewelry means any item of personal property or object of value previously owned or used, which is not sold as new, and which contains one or more diamonds, emeralds, rubies or sapphires.

(c)

Secondhand precious metal means any item of personal property or object of value, previously owned or used, which is not sold as new, and which contains gold, silver or platinum, but shall not include any coins with an intrinsic value less than its numismatic value, any bullion coin or any gold, silver or platinum bullion that has been assayed and is properly marked with its weight and fineness by any person whose primary business is dealing in gold or silver coins if such business is licensed pursuant to law.

(Ord. 81-183-55, § 1; Ord. 83-591-400, § 1)

Note— Former § 428.1002.