State offices and all DLLR physical locations will be closed to the public December 24 & December 25, 2014. However, Unemployment Insurance telephone and Web operations WILL be available on Wednesday, December 24.

DLLR's Division of Occupational and Professional Licensing

 

Maryland Licensing of Secondhand Precious Metal Objects Dealers & Pawnbrokers

 

The Secondhand Precious Metal Object Dealer and Pawnbrokers Agency qualifies, licenses and regulates individuals who trade with the public in secondhand precious metal objects. This agency also regulates pawnbrokers in those Maryland Counties that have not established local pawn laws. Secondhand Precious Metal Object Dealers and Pawnbrokers are regulated under the provisions of Business Regulation Article, Annotated Code of Maryland, Title 12 and the Code of Maryland Regulations, Title 9, Subtitle 25. The Board, in conjunction with local law enforcement agencies, investigates complaints against licensees, as well as complaints related to unlicensed practice. The Board may issue a reprimand, suspend or revoke a license as well as assess any monetary penalties for violations of the law and regulations.

Dennis L. Gring, Executive Director
Michelle R. Martin, Administrative Aide

 

Attention Dealers and Law Enforcement Agencies

October 1, 2013 Compliance Advisory – New law expands holding period; exempts remount sales

DLLR issues a Compliance Advisory concerning the forms of identification that are acceptable to establish the identity of the seller of secondhand precious metal objects; a dealer's recordkeeping responsibilities; and a dealer's need to confirm the successful transmission of transaction reports to local law enforcement agencies.

Previous Compliance Advisories

Home "Gold" Parties (March 4, 2014)
Home "Gold" parties are not permitted under the Maryland Secondhand Precious Metal Object Dealers and Pawnbrokers Act.

March 8, 2012 Compliance Advisory - Acceptable Forms of Identification; Recordkeeping; E-Filing of Transaction Reports

DLLR issues a Compliance Advisory concerning the forms of identification that are acceptable to establish the identity of the seller of secondhand precious metal objects; a dealer's recordkeeping responsibilities; and a dealer's need to confirm the successful transmission of transaction reports to local law enforcement agencies.

Internet and Other Transactions Not Conducted In Person (December 10. 2009)
Internet transactions or other non in-person transactions may be deemed improper and may provide the basis for regulatory action for which a disciplinary sanction can result.

Guidelines for Completing and Filing Daily Transaction Reports A new publication!
Guidelines for Completing and Filing Daily Transaction Reports is a new publication of the Department that provides assistance and direction to dealers in meeting the requirements for filing reports to local law enforcement agencies.
Word document, 415KB, download Word viewer for free
PDF document, 266KB, download Adobe Acrobat for free
 

Attention Dealers
Daily transaction report form revised March 8, 2012
The Department of Labor, Licensing and Regulation (DLLR) has revised the daily transaction form that secondhand precious metal object dealers and pawnbrokers are required to use. Download the Transaction Report Form (PDF document, 32KB, download Adobe Acrobat for free).

The new transaction report form must be completed by dealers as the paper support for each transaction filed electronically with local law enforcement agencies.

Electronic filing of daily transaction reports is required, effective October 1, 2009.

Attention Law Enforcement
The new complaint referral form is now available for download

Fact Sheet

Department of Labor, Licensing and Regulation
Division of Occupational and Professional Licensing
Licensing of Secondhand Precious Metal Objects Dealers & Pawnbrokers
500 N. Calvert Street, Room 304
Baltimore, Maryland 21202-3651
(410) 230-6271
spmg@dllr.state.md.us

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