Regarding the need for a cash for gold or scrap gold buying business license, it depends on where you are AND whether you are buying from the public.
We’ve added several gold business license links and we’ll continue to add more.
A scrap gold business license for Arkansas is required if you’re buying scrap gold from the public.
The Arkansas State Police Regulatory Services Department states as follows:
Precious Metal License Arkansas businesses involved in the trade of gold, silver, platinum and other precious metals are required to be licensed by the Arkansas State Police under the authority of ACA §17-23-201.
A copy of the department’s Precious Metals Dealers Transaction Report can be obtained by clicking on this link.
To obtain more information regarding the licensing process, you may e-mail the Arkansas State Police Regulatory Services Division or call the office at 501-618-8600.