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Pasco County, Florida Oppressive Coin Legislation
Seofo
Posts: 31 ✭
Pasco County, Florida has passed a more restrictive Second Hand Dealer
law, which includes having to hold all coin purchases 30 days, along
with impossible reporting requirements. Requirements that include
taking digital pictures of every item, describe every item, and then
electronically filing all the information within 24 hours to local law
enforcement or you will be guilty of buying stolen goods. Definition
of Coin Dealer "means any person or entity who engages in the purchase,
collecting or trading in coins or other forms of minted legal tender".
As this is written this also includes collectors as well as dealers,
and also includes other personal property previously owned or used,
and will most likely close down every Coin Dealer, Coin Show, Antique
Dealer, Antique Show, Flea Market, Auction House, and Swap Shop in
Pasco County, Florida if this law is not overturned. There has also
been similiar oppressive legislation passed in Sarasota County, FL.
law, which includes having to hold all coin purchases 30 days, along
with impossible reporting requirements. Requirements that include
taking digital pictures of every item, describe every item, and then
electronically filing all the information within 24 hours to local law
enforcement or you will be guilty of buying stolen goods. Definition
of Coin Dealer "means any person or entity who engages in the purchase,
collecting or trading in coins or other forms of minted legal tender".
As this is written this also includes collectors as well as dealers,
and also includes other personal property previously owned or used,
and will most likely close down every Coin Dealer, Coin Show, Antique
Dealer, Antique Show, Flea Market, Auction House, and Swap Shop in
Pasco County, Florida if this law is not overturned. There has also
been similiar oppressive legislation passed in Sarasota County, FL.
0
Comments
Talk about unfriendly business practices. Do they think they just ought to have
fewer businesses? Must be a ton of thefts that is causing this to happen. As
well as a few business that are buying coins/collections that they know are
not being offered for sale by the true owner. Businesses and thieves are in
collusion?
bob
All mocking aside (and that was being partially serious), that law is
completely unfeasible.
Is there active theft of coins in Pasco County, Florida?
I cannot think of anything to say that would be respectful or civil.
So I'll end my reply by saying nothing.
-Paul
The ordinance is laughable. I seriously doubt it would stand up to a challenge in court. Regulating businesses is one thing, but legal transactions between private citizens is another.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
<< <i>wow this law really is a bad as it sounds >>
Just read it. Apparently it applies to Flea Markets too? Those will be shut down fast, I imagine. Way too much work.
-Paul
So if you buy a bag of wheat cents, you need to photograph all 5000 of them within 24 hrs?
Good luck with that.
An authorized PCGS dealer, and a contributor to the Red Book.
<< <i> Amazing >>
...ly stupid.
-Paul
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Part of what's in the notice is...
"ANY PERSON ATTEMPTING TO SELL ANY REGULATED METALS OR RESTRICTED REGULATED METALS MUST PRESENT: A CURRENT VERIFIABLE, GOVERNMENT-ISSUED PHOTOGRAPHIC IDENTIFICATION CARD, SIGNATURE, AND LEGIBLE THUMBPRINT. ...
Seller: I want to sell some wheat pennies and a few old Morgan dollars.
Coin shop: Photo ID and thumb print please.
Laughable!
Have people lost their minds?
One story was about an entire brass roof stolen from a church.Missing air conditioner condensers from commercial buildings.Someone stole a brass sword from (if I remember correctly)
Lincolns crypt.
Its an epidemic.
But this wont help because the crooks will go elsewhere to sell,or melt,or cut it up.
They already have tons of requirements at the recycle/metal buying places.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
behind all this oppressive new Second Hand Dealer Legislation,
and is pushing it in many counties and to make statewide laws
more restrictive. This will put a lot of coin dealers and coin shows out of business and then folks can take their coins to pawn shops and get 5% of what something is worth.
<< <i>what county is FUN typically in, and is there a threat there? >>
The organization will just have to change the show's name to ... noFUN.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
<< <i>I lived in Pasco County FL for a few years, and this does not surprise me. >>
Pasco County is really a "backwards" type of place.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Since every dealer in the US might at some time sell something to somebody that lives in Pasco county maybe everyone needs to send them their data base of images.
Mine is only 18 gbits but wonder what the Heritage data base is like?
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Making lawful behavior illegal has never stopped those wishing to engage in unlawful behavior.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
I knew it would happen.
<< <i>Somebody's getting paid off. >>
In tha county...you are probably correct!
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
to take a photo of items , purchase invoice and drivers license. To be uploaded to town police dept .
(sending reams of paper is a no-no) Town then forwards to state police data base . This may or
may not cover pawn shops , consignment stores and show dealers .
<< <i>
Have people lost their minds? >>
Yes.
The "small" Government crowd again.
<< <i>I foresee a DDOS attack on the Pasco County Big Brother server by people submitting 12 MP pictures each of 3c wheat cents. >>
Actually, may not be a bad idea. Give them what they want.... and they may quickly see the foolishness of it all.
Lafayette Grading Set
By the way, where is Pasco County? I've never heard of that place.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
<< <i>Legislation like this is extremely detrimental to our industry and any others that deal in buying and selling of second hand items although I can understand why government and law enforcement want these types of regulations. Other places around the country have also tried to pass similar regulations, with mixed success. >>
Not to worry, ICTA will have all the info so we can comply with these laws.
<< <i>By the way, where is Pasco County? I've never heard of that place. >>
It's the county immediately north of the Tampa / St Pete home counties. New Port Richey & Zephyr Hills are located there.
<< <i>From what I have been told a large pawn broker chain in Florida is
behind all this oppressive new Second Hand Dealer Legislation,
and is pushing it in many counties and to make statewide laws
more restrictive. This will put a lot of coin dealers and coin shows out of business and then folks can take their coins to pawn shops and get 5% of what something is worth. >>
Yuuuuup!
<< <i>... although I can understand why government and law enforcement want these types of regulations. >>
Of course they want these regulations. How else can you keep track of what people are doing without them?
<< <i>
<< <i>... although I can understand why government and law enforcement want these types of regulations. >>
Of course they want these regulations. How else can you keep track of what people are doing without them? >>
And when regulations like this are proposed and sold to the public under the guise of "stopping crime" widespread public support is easy to come by.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
I would literally have to close the store, as we could not survive with this type of regulation. People would not sell, if they have to be given the third degree and provide that much info to sell a few coins, gold , etc.
<< <i>And when regulations like this are proposed and sold to the public under the guise of "stopping crime" widespread public support is easy to come by. >>
Unfortunately, I'm afraid you're right.
<< <i>They cannot arrest everyone. >>
They're trying. From the NY Times:
The United States has less than 5 percent of the world's population. But it has almost a quarter of the world's prisoners.
Thomas Jefferson
V
Granted , thieves are not usually geniuses, but word travels fast enough that ill gotten goods from Pasco County are gonna go elsewhere for a bit slower turn around. This nonsense won't stem the tide one bit. But it will lower county tax revenues for the businesses that leave or shut down in the face of oppression.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
<< <i>I foresee a DDOS attack on the Pasco County Big Brother server by people submitting 12 MP pictures each of 3c wheat cents. >>
This seems like a fitting revenge. Hopefully the residents can garner enough support to vote out the people who passed this ridiculous law.