[HISTORY: Adopted by the Board of Commissioners (now City
Council) of the City of Atlantic City as indicated in article histories.
Amendments noted where applicable.]
[Adopted 3-21-1946 by Ord. No. 8-1946]
No person shall engage in or carry on the business or profession
of appraising, evaluating or estimating the actual intrinsic or artistic
value, retail or wholesale, of diamonds, pearls or other precious
stones, gems, semiprecious stones, silverware, antiques or other goods,
wares and merchandise offered or submitted for appraisal, evaluation
or estimate, unless a license, as herein provided for, shall have
been first obtained therefor.
All appraisals shall be in writing; shall clearly describe the
article or articles appraised; shall fix and determine the retail
value of the article or articles submitted and shall be signed by
the person licensed.
No person shall be licensed until he shall first satisfy the
Director of Revenue and Finance that he is qualified by experience
and knowledge to appraise, evaluate or estimate the value of the goods,
wares and merchandise to be covered by his license. The license shall
be limited to specific categories of goods, wares and merchandise
if the qualification of the applicant is limited to a specific category
or categories.
Every license granted shall entitle the licensee to operate
anywhere within the legal limits of the City of Atlantic City for
a period of one year from July 1 to July 1 of the succeeding year.
No license shall be transferred from one person to another. The annual
fee for each license shall be $50.
Any person or persons who are authorized and specifically directed
to appraise or fix and estimate the value of personal property, by
the laws of the State of New Jersey, or any other state or territory
of the United States, or who may be authorized or ordered to appraise,
fix and estimate the value of personal property by court order or
judicial decree issued by the courts of this state or any other state
or territory of the United States, shall not be affected by the provisions
of this article.
The use of any masculine pronoun shall be construed to refer
to the feminine as well as the masculine gender, and the use of the
word "person" shall apply to the plural as well as the singular and
shall be deemed to include firm, partnership, copartnership and corporation.
[Amended 2-1-1989 by Ord. No. 2-1989; 11-25-2008 by Ord. No. 104]
Any person violating any of the provisions of this article shall,
upon conviction thereof, be punished for each offense by a fine not
to exceed $2,000 or by imprisonment for any term not exceeding 90
days in the county jail or in any place provided by the municipality
for the detention of prisoners, or both.
In addition, the City Council of the City of Atlantic City may,
after due notice and opportunity to be heard, suspend or revoke the
license of any person who violates any of the provisions of this article.
[Adopted 5-9-1935 by Ord. No. 6-1935]
It shall be unlawful for any person, firm or corporation to
keep, maintain or operate what is commonly known as an "old gold shop"
or otherwise engage in the business of purchasing, selling and/or
storing of old gold, old silver or other old precious metals, without
first obtaining a license therefor, in accordance with the provisions
of this article.
[Amended 2-1-1989 by Ord. No. 2-1989]
The Director of Police shall, from time to time, on application,
issue a license to any person, firm or corporation as a dealer in
old gold, old silver or other old precious metals, to engage in the
business of purchasing, selling, dealing in and/or storing any or
all of said articles. Any person, firm or corporation receiving such
license shall pay to the City of Atlantic City an annual license fee
of $50 therefor, provided that any such license may be revoked at
the option of said City Council for good cause on complaint, after
due notice thereof, and a hearing thereon. All such licenses shall
expire December 31st of each year.
No license issued hereunder shall entitle such licensee to operate
thereunder at, in or on any other premises or location than that which
is specified in said license.
No licensee hereunder shall purchase any old gold, old silver
or any other old precious metal, or any other goods, articles or things
whatsoever, from any person under the age of 21 years.
[Amended 2-1-1989 by Ord. No. 2-1989]
Every licensee hereunder who shall receive or be in possession
of any goods, articles or things which may have been lost or stolen
shall forthwith, on demand to view the same, present the same to,
or permit, the Director of Police, or the police authorities of the
City of Atlantic City, New Jersey, to inspect the same.
[Amended 2-1-1989 by Ord. No. 2-1989]
Every licensee hereunder shall record every purchase of old
gold, old silver or other old precious metals in a book especially
kept for that purpose. Said record shall contain the name of the seller,
his, her or its address, his or her age and his, her or its occupation
and residence or place of business, with a description of the articles
purchased, and shall also specify the date and hour when such old
gold, old silver or other old precious metals were purchased and the
price paid therefor by the licensee. Such records shall be open for
inspection at all times to the Director of Police and to the police
authorities of the City of Atlantic City, New Jersey.
Every licensee hereunder shall, on the morning following the
close of each day's business, present to the Chief of Police
of the City of Atlantic City a written statement showing all purchases
of old gold, old silver and other old precious metals made during
the day previous to the filing of said report.
Every licensee hereunder shall keep in his possession all purchases
of old gold, old silver or other old precious metals for a period
of not less than 72 hours after the purchase thereof. After the expiration
of said period of 72 hours, he may dispose of said purchases in the
ordinary course of trade, unless notified in writing by the Police
Department of said City of Atlantic City not so to do.
No person, firm or corporation shall, under any circumstances,
go from house to house soliciting the purchase of old gold, old silver
or other precious metals.
[Amended 2-1-1989 by Ord. No. 2-1989; 11-25-2008 by Ord. No. 104]
Any person, firm or corporation violating or refusing or neglecting
to comply with any provisions of this article shall, upon conviction
thereof, be liable to a fine of not more than $2,000 or imprisonment
not exceeding 90 days, or both, in the discretion of the court.
