Warrick County, IN Business Licensing & Operations: Secondhand Dealers (2026)
Key Facts
- Resident dealer fee
- $50 per year
- Itinerant dealer fee
- $50 first day, $25/day after
- Bond required
- $1,000 surety or cash
- Purchase report deadline
- Noon next business day
- Hold before resale
- 5 business days
- Records retention
- 1 year
- Maximum fine
- $2,500 per violation
Summary
Anyone buying used gold, silver, platinum, or other precious metals and gems in unincorporated Warrick County, Indiana needs a license under Warrick County Code § 111.02: resident dealers pay $50 a year, itinerant dealers pay $50 for the first day plus $25 a day up to $2,500 annually, and every dealer must post a $1,000 bond and follow the county's identification, thumbprint, and reporting rules.
§ 111.02 LICENSE REQUIRED; FEES. ... (A) No person shall act as a secondhand precious metal and gem dealer without first obtaining a license therefor, as provided within this chapter. (B) There shall be an annual license fee of $50 imposed upon resident dealers. Licenses for resident dealers will be dated as of January 1 and will expire on December 31 of each year. Fees for licenses for resident dealers issued after January 1 shall be prorated quarterly. (C) There shall be a daily license fee of $50 on the first day and $25 per day thereafter imposed on itinerant dealers, up to a maximum annual fee of $2,500. ... § 111.05 PURCHASING REGULATIONS. (A) A secondhand precious metal and gem dealer shall not buy goods from a minor (person under 18 years of age) without the written consent of a parent or guardian. (B) A secondhand precious metal and gem dealer shall require picture identification from the seller prior to making payment to the seller. ... § 111.99 PENALTY. (A) Anyone or any entity found to be in violation of any provision of this chapter may be punished by a fine not exceeding $2,500 for each individual violation of this section.
Full Breakdown
Warrick County Code Chapter 111 requires any dealer, resident or itinerant, buying secondhand gold, silver, platinum, diamonds, or other precious stones and metals to hold a county license before operating in unincorporated Warrick County, Indiana. Under § 111.02, resident dealers running a fixed local location pay a $50 annual license running January 1 to December 31, prorated quarterly if issued after January 1, while itinerant dealers operating from a temporary shop, hotel, or motel room pay $50 for their first day and $25 for each day after, capped at $2,500 a year.
Section 111.03 requires the application go to the Sheriff's Department at least five days before licensing and include the applicant's name and aliases, business addresses, a recent photograph, fingerprints, any criminal conviction history, and, if the applicant worked in the trade within the last 18 months, the name and address of that prior employer; refusing to provide required information or to be fingerprinted is grounds for denial. Section 111.04 requires a $1,000 bond, a surety bond for resident dealers or a cash bond for nonresident and itinerant dealers, payable to Warrick County.
Under § 111.05, a dealer cannot buy from a minor without written parental or guardian consent, must check picture identification such as a driver's license or passport before paying a seller, and must take the seller's signature and right thumbprint on the purchase record, keeping records for one year. Section 111.06 requires reporting every purchase to the Sheriff's Department by noon the next business day, including the seller's identifying information and a full item description, with items held at least five business days before resale, and the Sheriff can mandate a digital reporting service such as Leads Online.
Section 111.07 bars reselling or removing purchased items from the dealer's place of business for five days after the purchase report reaches the Sheriff's Department.
Violations & Fines
Warrick County Code § 111.99 punishes any violation of Chapter 111, including operating without a license, skipping the required identification or thumbprint check, or missing the noon-next-business-day report to the Sheriff's Department, by a fine of up to $2,500 per violation. Violators also owe filing fees, court costs, and reasonable attorney's fees the county incurs pursuing the case, and a court can order the dealer's $1,000 bond forfeited to Warrick County to cover any fines, costs, or fees.
Frequently Asked Questions
Does Warrick County require a license to buy secondhand gold and jewelry?
How fast must a Warrick County dealer report a purchase to the Sheriff?
What happens if a Warrick County precious metals dealer breaks the rules?
Sources & Official References
Other rules in Warrick County
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