Section 110-23 PAWNBROKERS, JUNKDEALERS AND DEALERS IN SECONDHAND ARTICLES.

A. Every purchaser of or dealer in secondhand articles, junk dealers, keepers of pawnshops and buyers of gold and silver, precious metals and jewels shall make a written report to the Chief of Police for the Town of Front Royal covering transactions of the previous week or any lesser period, on or before Wednesday of each week, showing a list or description of all secondhand articles, gold, silver, precious metals and jewels bought or on which money or other thing of value is loaned and a description of the person from whom it is received, including his name, age, place of residence and occupation. If there is no such property received, he shall report that fact, and the word "none" shall be sufficient for that purpose.

B. Said dealers, purchasers and pawnbrokers shall ascertain the name, address and age of such sellers or pawners who are unknown to them by requiring at least two (2) items of identification. Licensees shall record the time and date of the purchase or pawn and the price paid and shall include this information in their report to the Chief of Police. All such reports shall be confidential records and shall not be disseminated to persons or agencies other than the Front Royal Town Police and associated law enforcement agencies and personnel.

D. No secondhand articles, gold, silver, precious metals or jewels so purchased or received on pawn by such purchasers, dealers and pawnshop owners shall be sold, given away, melted down or otherwise disposed of or altered until three (3) days have elapsed after the above-described transaction report is submitted to the Chief of Police, except that nonmetallic matter may be removed from gold, silver and other precious metals, and gem stones may be removed from their settings in order to obtain a true weight.

E. This section shall not apply to legitimate transactions with coin collectors involving the purchase of coins for hobby purposes, as opposed to transactions involving the purchase of coins for the scrap value of the metal.