Colorado Springs, CO Business Licensing & Operations: Pawnbrokers (2026)
Key Facts
- License required
- Mandatory, 1-year term
- Bond required
- $2,000 surety bond
- Pawn hold period
- 10 days after option expires
- Purchase-transaction hold
- 30 days, item undisplayed
- Business hours
- 8 AM-8 PM, closed Sundays
- Record retention
- 3 years, Police Dept. access
- Max penalty
- $2,500 fine / 189 days jail
Summary
Anyone doing business as a pawnbroker in Colorado Springs, including buying secondhand goods outright for resale, must hold a City license under § 2.3.803, post a $2,000 bond, and keep detailed transaction records for the Police Department under Part 8 of the Business Licensing Code.
It shall be unlawful for any person to do business as a pawnbroker within the City without first obtaining a license. Fees shall be as established by City Council under article 1, part 5 of this chapter. All pawnbrokers' licenses shall expire one year from the date of issuance, unless suspended or revoked earlier.
Official source re-checked September 7, 2026: no newer edition of the code had been published (publisher’s edition: 2026 S-21: Code current through: Ord. 26-23, passed June 9, 2026).
Full Breakdown
City Code Chapter 2, Article 3, Part 8 licenses and regulates pawnbrokers under authority the City Council finds 'necessary to the general health, safety and welfare' and more restrictive than Colorado Revised Statutes Article 56 of Title 12. 803 makes it unlawful to do business as a pawnbroker without first obtaining a license from the Deputy Licensing Officer; fees are set by City Council resolution and the license expires one year from issuance unless suspended or revoked sooner. 804 requires a $2,000 surety bond conditioned on compliance with City ordinances and on safekeeping and returning property held under a contract for purchase.
802. 805 requires a pawnbroker to record each customer's name, address, date of birth, ID number, and a detailed description of every item, obtain a signed declaration of ownership, keep the register for at least three years, and submit records to the Police Department in an approved computer-compatible format on a Department-set schedule. Pawned items must be held on the premises unaltered for 10 days after the contract's fixed-time option expires; items bought outright in a purchase transaction must be held, undisplayed and unaltered, for 30 days.
806 requires collecting a government-issued photo ID (or a fingerprint and photo if the ID has no picture) before any transaction. on any day, or at all on Sundays.
Violations & Fines
Operating without a license, engaging in a prohibited act under § 2.3.810, pawning with a minor, obscuring an item's serial number, or violating a Police Department hold order, or keeping a pawnshop open outside the 8:00 A.M.-8:00 P.M. window or on Sundays under § 2.3.808 is punishable under § 2.3.811 by the Code's general penalty, § 1.1.201: up to a $2,500 fine and 189 days in jail, and can trigger license suspension or revocation.
Frequently Asked Questions
Do I need a City license to buy and resell used goods in Colorado Springs?
How long must a pawnbroker hold an item before reselling it?
What hours can a Colorado Springs pawnshop stay open?
What ID does a pawnbroker have to collect from a customer?
Sources & Official References
Other rules in Colorado Springs
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