Secondhand dealers in Denver must obtain a license under DRMC Ch. 47 and report each transaction to police via the LeadsOnline system within 24 hours. Colorado C.R.S. §12-56-104 requires a five-day hold on purchased property.
Denver Revised Municipal Code Chapter 47 requires any business buying or trading used merchandise (jewelry, electronics, tools, musical instruments, sporting goods) to hold a secondhand dealer license from Excise and Licenses. Dealers submit fingerprints, ownership disclosures, and a fixed location. They must record each transaction (seller's photo ID, item description, serial numbers, photo) and electronically transmit it to Denver Police via LeadsOnline within 24 hours. Under Colorado C.R.S. §12-56-104, dealers must hold purchased items for at least five days (30 for some categories) before resale so police can match items to stolen-property reports. Pawn transactions follow stricter rules.
Operating without a license, failing to report transactions, or reselling before the statutory hold expires can trigger license suspension, fines, criminal charges for receiving stolen property, and forfeiture of the merchandise to police.
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See how Denver's secondhand dealers rules stack up against other locations.
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