Secondhand goods dealers in Las Vegas need an LVMC Title 6 privileged license and must follow NRS 647 reporting rules, including electronic transaction logs to LVMPD and seller identification for items like jewelry, electronics, and precious metals.
Nevada treats secondhand dealers, including coin and precious-metal buyers, as privileged businesses under NRS 647. Las Vegas implements that framework through LVMC Title 6 licensing. Dealers must record seller identification, photograph or describe items, and electronically report every transaction to LVMPD, typically within 24 hours. A short holding period applies before resale to allow theft investigation. The rules tightened after waves of jewelry theft tied to Strip casinos and resale to gold-buyer storefronts. Dealers operating pop-up gold-buying events at hotels also need temporary city permits under the same regime.
Failure to report or holding-period violations bring license suspension, civil fines, and gross misdemeanor charges under NRS 647 if dealers knowingly handle stolen property.
See how Las Vegas's secondhand dealers rules stack up against other locations.
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