Hammond, IN Business Licensing & Operations: Secondhand Dealers (2026)
Key Facts
- License fee
- $100 per year
- Late fee
- $300 if not obtained by January 31
- Bond required
- $250
- Holding period before resale
- 10 days
- Daily records due
- to Chief of Police before noon
Summary
Hammond Code of Ordinances § 118.35 requires a City Controller license before buying or selling secondhand coins, jewelry, precious metals, or similar goods in Hammond, Indiana, and § 118.37 bars a licensed secondhand dealer from also acting as a pawnbroker or junk shop.
It shall be unlawful for any person , partnership or corporation to operate a business of buying or selling the following secondhand items without first obtaining a license from the city to do so: Coins, currency, jewelry, precious metals, comic books, trading cards, stamp collections, figurines or any item whose value increases over time. ... The cost of each license shall be $100 per annum and the license shall expire regardless of issue date December 31. Second hand store licenses not obtained by January 31 of each year shall be required to pay $300 for the license.
Full Breakdown
35(A) makes it unlawful for any person, partnership, or corporation to operate a business buying or selling secondhand coins, currency, jewelry, precious metals, comic books, trading cards, stamp collections, figurines, or any item whose value increases over time without a city license. Applicants apply to the City Controller under subsection (B) with owner or officer names and residences, business address, hours of operation, and the nature of goods bought or sold; each additional location needs its own license under subsection (C). com online resale reporting organization.
36 requires licensees to keep an English-language transaction record covering item description, date and time, the customer's name, residence, and photo ID, and price, with no erasures, and to deliver a legible copy of the prior day's transactions to the Chief of Police before noon. 37 then bars a licensed secondhand dealer from receiving items by pledge or pawn or advancing money on an item as security, and bars holding a pawnbroker or junk shop license simultaneously with a secondhand dealer license. 41 additionally requires secondhand dealers to hold any purchased item on the premises for at least 10 days before reselling it.
Violations & Fines
Operating as a secondhand dealer while also acting as a pawnbroker or junk shop violates § 118.37, and failing to keep or timely deliver the transaction records required by § 118.36 or § 118.35 exposes a licensee to the general penalty under § 10.99 and to license revocation under Chapter 119.
Frequently Asked Questions
Can a secondhand dealer in Hammond, Indiana also run a pawnshop?
How long must a Hammond secondhand dealer hold an item before reselling it?
What records must a Hammond secondhand dealer keep?
Sources & Official References
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