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§ 15-11 MARTINSVILLE CODE <br /> <br /> Dealer means any person engaged in the business of purchasing secondhand precious <br />metals or gems, removing in any manner precious metals or gems from manufactured articles <br />not then owned by such person or buying, acquiring or selling precious metals or gems <br />removed from such manufactured articles. "Dealer" shall mean any employer or principal on <br />whose behalf a purchase is made and any employee or agent who makes any such purchase for <br />or on behalf of his employer or principal. This definition shall not be construed so as to include <br />persons engaged in the following: <br /> <br />(i) <br /> <br />Purchases of precious metals or gems directly from other dealers, manufacturers or <br />wholesalers for retail or wholesale inventories, provided the selling dealer has com- <br />plied with the provisions of this article. <br /> <br />(2) <br /> <br />Purchases of precious metals or gems from a duly qualified fiduciary who is disposing <br />of the assets of the estate being administered by such fiduciary in the administration <br />of an estate. <br /> <br />(3) <br /> <br />(4) <br /> <br />Acceptance by a retail merchant of trade-in merchandise previously sold by such <br />retail merchant to the person presenting that merchandise for trade-in. <br /> <br />Repairing, restoring or designing jewelry by a retail merchant, if such~activities are <br />within his normal course of business. <br /> <br />(5) <br /> <br />(6) <br /> <br />Purchases of precious metals or gems by industrial refiners and manufacturers, <br />insofar as such purchases are made directly from retail merchants, wholesalers, <br />dealers or by mail originating outside the commonwealth. <br /> <br />Persons regularly engaged in the business of purchasing and processing nonprecious <br />scrap metals which incidentally may contain traces of precious metals recoverable as <br />a by-product. <br /> <br /> Gems means any item containing precious or semiprecious stones customarily used in <br />jewelry. <br /> <br /> Precious metals means any item, except coins, composed in whole or in part of gold, silver, <br />platinum or platinum alloys. <br />(Ord. of 6-23-81, § 11-47) <br /> State law reference--Similar provisions, Code of Virginia, § 54-859.15. <br /> <br />Sec. 15-12. Article not applicable to purchase or sale of coins..I <br /> <br /> The provisions of this article shall not apply to the sale or purchase of coins. <br /> State law reference--Similar provisions, Code of Virginia, § 54-859.27. <br /> <br />Sec. 15-13. Waiver of article provisions for certain exhibitions and shows. <br /> <br /> The chief of police or his designee may waive, by written. notice, any provisions of this <br />article, except section 15-20, for particular numismatic, gem or antique exhibitions or craft <br />shows sponsored by nonprofit organizations, provided that the purpose of the exhibitions or <br /> <br />906 <br /> <br /> <br />