do you need a license to sell gold

If they dont get your permission before taking a sample of your gold, find a different buyer. Its possible to run into less than savory characters and they are notorious for being aggressive and deceptive when negotiating, even more so when they sense the seller has limited knowledge of the industry. Your will want to look for what the competition isnt offering so that you can provide your customers with unique value. This image is not<\/b> licensed under the Creative Commons license applied to text content and some other images posted to the wikiHow website. The permit is valid for one year and must be renewed annually1. If you have inherited or come across your Gold in some other way, ask yourself whether youre ready to part with your Precious Metals and whether its the right time to let go of something that could be sentimental in the future. WebGold and Silver businesses need at least a sellers permit and a business license. WebThese laws and regulations determine whether or not you can sell your product to an international buyer, which countries you can export it to, and to which buyers you can sell. 110 - Software - custom programs - professional serv. Until then, the long road to becoming an accredited precious metals investor starts with frequenting your local auction houses, pawnshops and estate sales. The cookie is used to store the user consent for the cookies in the category "Other. Apply for a business license, here online, and we will find whether you also need a gold buying Once you get approved for your precious metals license, you will be responsible for renewing it annually and paying the fee every year. Shop around. your business address. {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/7\/75\/Become-a-Gold-Dealer-Step-1.jpg\/v4-460px-Become-a-Gold-Dealer-Step-1.jpg","bigUrl":"\/images\/thumb\/7\/75\/Become-a-Gold-Dealer-Step-1.jpg\/aid2165303-v4-728px-Become-a-Gold-Dealer-Step-1.jpg","smallWidth":460,"smallHeight":305,"bigWidth":728,"bigHeight":482,"licensing":"