Precious Metal Permits


Precious Metal Permits

In South Carolina, the Precious Metal Law regulates and mandates who and where businesses can operate, and how to conduct their businesses.  The state law places the enforcement and regulation on each local law enforcement agency.  Businesses that apply and obtain a precious metal permit must complete a precious metal application, submit a $50 money order, and pass a background check.  After passing the background check, a permit signed by the Chief of Police is issued to the business which allows the business to purchase gold, silver, platinum, and precious stones for the one year permit.  The law requires the business to keep documentation on the customer and property purchased.  To review the SC Precious Metal Law and to fill out and submit the permit application, please click on the appropriate links below.

Contact us for questions regarding precious metal permits:
John Lewis
2560 N. Main St, St 7
Conway, SC 29526
lewisj@horrycounty.org
843-915-8025

Links

SC Precious Metals Permit/Dealer Law

SC Precious Metals Permit Application Procedures

SC Precious Metals Permit Application

Frequently Asked Questions

How do I obtain a precious metals dealer permit?
  1. Contact the law enforcement agency (Myrtle Beach PD, Conway PD, Horry County PD, etc) that has jurisdiction where your proposed business will be located.
  2. Complete the precious metal dealer's application.
  3. Submit your completed application to the appropriate law enforcement agency.
How much does a permit cost?
SC law mandates a $50 fee.
Who do I contact to learn about obtaining a precious metals dealer permit?
  1. Contact the law enforcement agency (Myrtle Beach PD, Conway PD, Horry County PD, etc.) that has jurisdiction where your proposed business will be located.
  2. If your business is located in Horry County jurisdiction, see above contact person.
Who regulates precious metal permits?
  1. The precious metal dealer's permit law is regulated by SC law.
  2. The SC law delegates administration and enforcement to the local law enforcement agencies in the state.
How do I determine if a business has a permit?
  1. Ask the business if they have a precious metal dealer’s permit. The law requires the permit to be posted openly at the business.
  2. Contact the local law enforcement agency (Myrtle Beach PD, Conway PD, Horry County PD, etc.) that has jurisdiction where the business is located.
What should I do if my jewelry is stolen?
  1. Contact the local law enforcement agency (Myrtle Beach PD, Conway PD, Horry County PD, etc.) that has jurisdiction where your residence is located to file an official criminal police report.
  2. Speak with the managers of businesses that have a precious metals permit. Provide them with a description of your stolen jewelry to determine if they have purchased your stolen jewelry from a customer.
What if my stolen jewelry is located at a precious metals dealer business?
  1. Contact the local law enforcement agency (Myrtle Beach PD, Conway PD, Horry County PD, etc.) that has jurisdiction where the business is located.
  2. Once the police officer arrives, explain that you found your stolen jewelry at the dealer.
  3. The officer can obtain the customer information who sold your stolen jewelry.
  4. The officer will investigate the criminal incident and assist in the return of your stolen jewelry.
What if my family member stole my jewelry?
  1. According to SC law, if an immediate family member takes your jewelry to a precious metals dealer, it will be the jewelry owner’s responsibility to reimburse the dealer for the jewelry.
  2. Then, the owner can press charges against the family member for the theft to be reimbursed for the loss.
What information is a precious metals dealer permit holder required to document?
According to SC law, a dealer must obtain full name, address, state identification card number, date of birth, and full description of jewelry sold by the customer.
Can the precious metals dealer permit holder release customer information to the public?
No, not to the general public, only to a law enforcement officer.
What can I do if the business will not help me locate my stolen property?
  1. Be polite and respectful to the store employees. Ask for their cooperation, but they are not required to release any information to the public.
  2. Explain you’re a victim of a theft, completed an official criminal police report, and are requesting their assistance to review their recent inventory for the property.
  3. Explain you are not requesting any customer personal information, only their assistance in reviewing their recent purchases for your stolen property.

Tips

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Please email the Criminal Investigations Division at crimetips@horrycounty.org or call 843-915-TIPS (8477)

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To send us tips on individuals with outstanding warrants, please email Warrants at mostwanted@horrycounty.org or call 843-915-5688

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