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July 1 -- License required to sell bullion in Ohio
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<p>[QUOTE="doug5353, post: 2124018, member: 73555"]Most real brick-and-mortar dealers already have the proper license; it's the amateurs, part-timers, and vest-pocket dealers that get whacked. Since the law requires a PHYSICAL location, not your vest pocket or the trunk of your car, that</p><p>means renting commercial space, getting phones, furnishing the place, setting up utilities, complying with the security specifics. All that ain't cheap, plus figure 3 months' delay.</p><p><br /></p><p>Note, it would be nuts to use your home as the physical location -- the license is a public record showing your address, PLUS subject to inspection by the authorities at any time, and they, umm, might make the baby cry. And, beyond all that, you don't want strangers visiting your house anyway. Myself, I like to wheel and deal in a bank lobby. Like, what's a McDonald's manager going to do, throw a soggy double cheeseburger at the crook?</p><p><br /></p><p>One thing for sure, by July 1, I'll delete ALL my CraigsList coin ads, permanently; all I get is psychopaths, chiselers, and trolls anyhow.[/QUOTE]</p><p><br /></p>
[QUOTE="doug5353, post: 2124018, member: 73555"]Most real brick-and-mortar dealers already have the proper license; it's the amateurs, part-timers, and vest-pocket dealers that get whacked. Since the law requires a PHYSICAL location, not your vest pocket or the trunk of your car, that means renting commercial space, getting phones, furnishing the place, setting up utilities, complying with the security specifics. All that ain't cheap, plus figure 3 months' delay. Note, it would be nuts to use your home as the physical location -- the license is a public record showing your address, PLUS subject to inspection by the authorities at any time, and they, umm, might make the baby cry. And, beyond all that, you don't want strangers visiting your house anyway. Myself, I like to wheel and deal in a bank lobby. Like, what's a McDonald's manager going to do, throw a soggy double cheeseburger at the crook? One thing for sure, by July 1, I'll delete ALL my CraigsList coin ads, permanently; all I get is psychopaths, chiselers, and trolls anyhow.[/QUOTE]
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