Safeguarding Measures to Prevent Purchasing Stolen Property
All Scotsman purchases are documented, the driver’s license of the selling party is
scanned, and the property purchased is photographed and reviewed by law
Scotsman’s goal is to purchase only property that is being sold by the rightful owner of the property. Working
closely with law enforcement, Scotsman has helped to get criminals off the streets and property back in the
hands of their rightful owners.
As a Missouri purchaser of goods from the general public,
all Scotsman purchases are
documented, the driver’s license of the selling party is scanned, and the property
purchased is photographed and reviewed by law enforcement officials. Our video
cameras record every purchase.
If you believe an item of yours has been stolen, contact your local police right away. Providing a photograph
of the item stolen, a drawing, or a detailed written description will help them and us aid you in recovering
Scotsman is a proud
SAFE SELLING ZONE.
St. Louis County Police Department
PRECIOUS METALS BUYERS GUIDE
Missouri State Guidelines for sale of gold, silver or platinum
Senate Bill #157 and 102 state that any Buyer of gold, silver and or platinum must follow the following
1) The buyer shall completely, accurately, and legibly record and photograph every transaction on a form provided by and prepared by the buyer.
The records shall include the following:
A copy of the driver’s license of photo identification issued by the state or United States Government
The name, current address, birth date, sex, and photograph of the person from whom the material is obtained
The seller shall be required to sign the form on which is recorded the information required by this section;
- An accurate description of the property purchased;
- Time and date of the transaction
Records of transactions shall be maintained by the buyer in gold, silver, or platinum for a period of one year
Shall be available for inspection by any law enforcement official of the federal government, state, municipality, or county. No buyer shall accept any pre-melted gold, silver, or platinum, unless it is part of the design of an item of jewelry.
Each item of gold, silver, or platinum purchased by a buyer in gold, silver, or platinum shall be retained in an unaltered condition for five full working days.
Failure to comply with this statue may result in criminal prosecution.
Effective: August 28, 2013