Ohio Revised Code

Ohio Rev. Code § 4728.01 (2026)

Precious metals dealer definitions

✓ current as of May 2026

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Effective:

September 26, 1996

Latest Legislation:

Senate Bill 293 - 121st General Assembly

PDF:

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As used in this chapter:

(A) "Precious metals dealer" means a person who is engaged in the business of purchasing articles made of or containing gold, silver, platinum, or other precious metals or jewels of any description if, in any manner, including any form of advertisement or solicitation of customers, the person holds himself, herself, or itself out to the public as willing to purchase such articles.

(B) "Superintendent of financial institutions" includes the deputy superintendent for consumer finance as provided in section 1181.21 of the Revised Code.

Notes of Decisions

Cited in 3 cases (1 in the last 5 years), 2012–2024 · leading case: Liberty Coins v. David Goodman, 748 F.3d 682 (6th Cir. 2014).

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Liberty Coins v. David Goodman, 748 F.3d 682 (6th Cir. 2014). “” Ohio Rev.Code Ann. § 4728.01 (West 2014).”

Liberty Coins, LLC v. Goodman, 977 F. Supp. 2d 783 (S.D. Ohio 2012). · cites it 6× “” *788 Ohio has a Precious Metals Dealers Act (“Act”), codified at Ohio Revised Code § 4728.01 et seq. The Act states that “no person shall act as a precious metals dealer without first having obtained a license from the division of financial institutions in the department of…”

McLemore v. Gumucio (M.D. Tenn. 2024). “” Ohio Rev. Code Ann. § 4728.01 (A) (emphasis added).”

— Ohio Rev. Code § 4728.01(A) — 1 case

Liberty Coins, LLC v. Goodman, 977 F. Supp. 2d 783 (S.D. Ohio 2012). “” *788 Ohio has a Precious Metals Dealers Act (“Act”), codified at Ohio Revised Code § 4728.01 et seq. The Act states that “no person shall act as a precious metals dealer without first having obtained a license from the division of financial institutions in the department of…”

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