[Jewelry making - Article 00364] - Re: [Orchid] Woman Stole $42,000 Ring, Sold It For $140

[John Donivan]

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>     I do know that in the city where our store is located we have to
>     obtain a permit from the city in order to buy jewelry and stones
>     from the public. 

    As for outrage - the buying price says about everything you need to
    know. That's the price of a "fence". (Or so I've heard ;<} ) 

    But as a point of fact, here in SF and as far as I know everywhere,
    you need a "Pawn Broker's License", just as Peggy lays out, in order
    to buy jewelry legitimately from the public. And then you need to do
    the things she says - send paperwork to the PD and all. It doesn't
    mean you're a pawnbroker, that's just the license. Here the hold
    time for merchandise is 20 days. I don't buy from the public, so I
    don't have one. I know that not everyone who does buy has one
    either, but that's their problem...

http://www.donivanandmaggiora.com
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