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Depends on where and how much. Most private investors simply buy what they can when spot prices are low and hold as long term way of storing their wealth.
In many cities, the governments are licensing, taxing, controlling and fining people who buy and sell precious metals. For example, in Madison Wisconsin, it's a big deal and quite expensive...
http://www.cityofmadison.com/clerk/secondhandDealer.cfm
What else can I help you with?
Do you need a state license to sell class C fireworks?
Yes, in the United States, you typically need a state license to sell class C fireworks (consumer fireworks). Regulations vary by state, so it is important to check with the local fire department or state agency responsible for fireworks regulation for specific licensing requirements.
Where can one purchase a solid silver bangle?
Solid silver bangles for women or men can be found online on the eBay and Amazon websites. Stores such as Links of London also sell solid silver bangles.
What permissions and licenses would be required to make a salt?
To produce and sell salt, you typically need to obtain a food processing license to ensure compliance with health and safety regulations. Additionally, a business license is required to operate legally. If the salt is sourced from natural bodies of water or salt mines, you may also need land use permits or extraction licenses. It's essential to check local regulations, as requirements can vary by region.
How do you sell gold troy ounce?
There are several ways. You can take the coin to a coin dealer. They will give you below market value for the gold. You can try to find some one who wants to invest in gold and is willing to give you the market value for it. You can sell the coin on eBay. eBay buyers will most likely give you the best price as they are paying $30 to $40 over market value for gold.
What is the value of one troy ounce of fine silver 999 from the silver trade unit with Alaskan pipeline?
The value of one troy ounce of fine silver 999 from the Silver Trade Unit with Alaskan pipeline would depend on the current market price of silver. Silver prices fluctuate based on supply and demand in the market, so the value can vary each day.
Do you need a license to sell gold in Texas?
yes
Do you need license to buy or sell used gold in IL?
No, you will not need a license to buy or sell used gold in IL. However, in IL you will need a Seller\'s Permit Registration.
Do you need license to buy gold and sell in Canada?
yes you need a licence to buy and sell in canada
Do you need a license to sell diamonds and gold?
Your answer depends on where you want to sell diamonds and gold, and to whom you want to sell these materials. Your local city, county or state business licensing authority can answer your question.
Do I need a license to sell cigarettes?
Yes, you need a license to sell cigarettes.
Do you need a license to sell cigarettes?
Yes, you need a license to sell cigarettes.
Do you need a license to sell clothes?
You do not need a license to sell clothes. You may need a license to sell on the street or in a store. It also depends on the volume of your sales.
Do I need a license to sell diamonds?
Though you do not need a license to specifically sell diamonds you do need a jewelers license to sell diamonds. If you want to sell diamonds it will require you to fill out applications for a jewelers license once you have completed that you are eligible to sell diamonds.
Do you have to have a license to sell mullet?
No you don't need a license to sell mullet.
Do you have to have a business license to sell Tupperware?
No, you do not need a business license to sell Tupperware.
Do you need a vendor's license to sell food?
Yes, in most places, you need a vendor's license to sell food.
What license do you need to sell plants?
In order to sell plants as a business, you will need to first get a business permit. From there, you will need to get a business license.
