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Cape Coral, FL Business Licensing & Operations: Secondhand Dealers (2026)

Significant Restrictions
Compiled from the official code textEditor Martyn O'NeillLast verified September 2026

Key Facts

Register required
police-approved form, every transaction (§ 11-43)
Resale hold
5 days after police transcript (§ 11-44)
ID required
name, DOB, ID number, right thumbprint
Minors
no purchases from anyone under 18 (§ 11-46)
License
Lee County + Cape Coral BTR (§ 11-48)
Junk dealer (non-metal) fee
$33.00 flat (§ 11-16(428))
General penalty
$100-$500 fine or up to 60 days (§ 1-14)

Summary

Cape Coral requires anyone buying old, used, or secondhand gold, silver, or platinum to keep a police-approved register of every seller and item, hold purchased items five days before resale, and never buy from anyone under 18. A separate flat $33.00 local business tax covers general junk and scrap metal dealers who are not handling precious metals.

§ 11-44 - Disposal within five days of receipt prohibited.

(a) Except for the exempt transactions hereinafter provided, no articles of personal property made of precious metals shall be sold, melted, altered or otherwise disposed of by any dealer until five days have elapsed from the time the Chief of Police has had made available to him or her a copy or transcript of the register in which such articles of personal property made of precious metals are entered, and the articles shall not be transferred from within Cape Coral during the five day period of time.

§ 11-46 - Dealing with minors prohibited. It shall be unlawful for any dealer to buy, take or receive, by way of purchase or exchange, any articles made of precious metals from any person under the age of 18 years.

§ 11-48 - License required. All persons dealing in precious metals such as gold, silver and platinum shall have a current local business tax receipt issued by Lee County and the City of Cape Coral.

View official code

Official source re-checked September 7, 2026: no newer edition of the code had been published (publisher’s edition: Code of Ordinances: Supplement 38).

Full Breakdown

Article III of Chapter 11, Precious Metal Dealers (§§ 11-41 to 11-48), targets any Dealer defined as a person engaged in purchasing, selling, or otherwise dealing in old, used, or secondhand precious metals, meaning gold, silver, or platinum. Section 11-43 requires the dealer to keep a register, in a form approved by the Chief of Police, recording each seller's name, date of birth, sex, race, address, and driver's license or other government ID number, plus a description of the item purchased; the customer must sign the form, show ID, and provide an original right thumbprint used only to trace stolen goods, and the register must always be available for police inspection.

S. Chapter 538. Section 11-44 bars a dealer from selling, melting, or altering any purchased item until five days have passed after giving police a transcript of the register entry, and the item cannot leave Cape Coral during that hold, with narrow exemptions for buybacks from the same seller, bullion coins, and dealer-to-dealer transfers. Section 11-45 requires dealers to hand police a full transcript of the prior day's transactions by noon daily, and § 11-47 requires purchased stock to stay attached to its bill of sale and arranged so police can inspect it.

Section 11-48 requires a current local business tax receipt from both Lee County and Cape Coral. 00, without the register or hold-period mechanics that apply specifically to precious metals.

Violations & Fines

Section 11-43(d) makes it unlawful for a customer to give or display false identification or sign a false name when selling to a dealer. Article III does not set its own penalty, so a violation of the register, hold-period, minors, or inspection requirements falls under the citywide general penalty in § 1-14: a minimum fine of $100 and a maximum of $500, plus court costs, or up to 60 days' imprisonment, or both, with each day a violation continues counted as a separate offense.

Frequently Asked Questions

Can a Cape Coral pawn or gold-buying shop resell an item the same day it's purchased?
No. Section 11-44 bars selling, melting, or altering a purchased precious-metal item until five days have passed after the dealer gives police a copy of the register entry, and the item cannot be moved out of Cape Coral during that hold period, except for a short list of exempt transactions like coin buybacks.
What information must a secondhand precious metal dealer collect from a seller?
Section 11-43 requires the dealer's police-approved register to include the seller's name, date of birth, sex, race, address, and driver's license or other government ID number, plus an accurate description of the item, and the seller must sign the form and provide an original right thumbprint.
Does Cape Coral let dealers buy precious metal items from minors?
No. Section 11-46 makes it unlawful for any dealer to buy, take, or receive any article made of precious metals from a person under 18 years old, with no exceptions listed in the ordinance.
Is a general junk or scrap metal dealer regulated the same way as a precious metal dealer?
No. Junk Dealer under § 11-16(428) is a separate $33.00 flat business tax classification for scrap or old iron, brass, copper, and similar secondhand articles; it does not carry the register, five-day hold, or minors ban that Article III imposes specifically on precious metal dealers.

Sources & Official References

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