Precious metal dealer

You need a license to buy and sell items with precious metals in Minneapolis.

Definition

Buying and selling used items containing precious metals.

Items include:

  • Candlestick Holders
  • Coins
  • Decorative objects
  • Eating utensils
  • Ingot – metal cast into a shape ready for further processing
  • Jewelry
  • Watches

Precious metals include

  • Gold
  • Platinum
  • Silver

Jewelry stores or coin shops that buy or trade these items need a license. 

jewelry in and around a clam shell

Before you begin

See How to open a new business

Requirement

You must provide a surety bond with your application. 

See Minneapolis $5,000 bond

Application

Precious metal dealers in Minneapolis are required to be licensed. Get a license application from Minneapolis Business Licenses. 

See Precious Metal Dealer Application

A Personal Information Form must be completed by the applicant, manager(s) and each owner.

See Personal Information Form

Fee

Find your license fee

Submit your application

Submit your application to Business Licenses & Consumer Services

If you have questions, contact:

Request accessible format

If you need help with this information, please email 311, or call 311 or 612-673-3000.

Please tell us what format you need. It will help us if you say what assistive technology you use.

More information

Complaints

Report concerns about a business

Disclaimer

The information on this page should serve only as guidelines. 

Contact us

Business Licenses & Consumer Services

Community Planning & Economic Development

Email Business Licenses

Phone

612-673-2080

Fax

612-673-3399

Address

Public Service Building 
505 Fourth Ave. S., Room 220
Minneapolis, MN 55415

 

Minneapolis 311

 
 

Email Minneapolis 311

 
 

Phone

311 or 612-673-3000

TTY

612-263-6850

 

Office hours

7 a.m. – 7 p.m.
Monday – Friday