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<p>[QUOTE=&quot;mrbrklyn, post: 1424906, member: 4381&quot;]OLYMPIA, Wash.</p><p><br /></p><p>Washington state lawmakers are seeking to combat the trafficking of precious metals through a bill that would place greater restrictions on cash-for-gold operations that set up temporary storefronts and often deal in stolen goods.</p><p><br /></p><p>The bill would require secondhand precious metal dealers to keep the items they purchase for at least 30 days and maintain detailed transaction records for three years, including the name, date of birth and address of the seller. First-time violations would be considered a misdemeanor; anything more than that would be a felony offense.</p><p><br /></p><p>The measure would apply to any dealer who buys, sells or trades secondhand precious metals more than three times a year, whether or not that person maintains a fixed place of business within the state.</p><p><br /></p><p>Rep. Katrina Asay, the bill&#039;s lead sponsor, says the increasing market price of gold and silver has led to a corresponding rise in both illicit cash-for-gold operations and precious-metal thefts. Home robberies in Asay&#039;s King County district were up 15 percent in the past year, and much of what was stolen were gold and silver items such as jewelry and silverware, she said.[/QUOTE]</p><p><br /></p>

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