As of October 1, 2009, North Carolina law requires that all precious metals dealers obtain permits from their local police department. If you are a person or business that purchases gold, silver, platinum, or palladium from the public within the City of Wilmington, you must obtain a permit from the Wilmington Police Department. Failure to comply with any law associated with precious metal dealer permits may be found guilty of a Class 2 misdemeanor and shall be ineligible for a dealer’s permit for a period of three years following the conviction (NCGS 66-172). Required forms for the permit as well as a copy of the new legislation can be found on the NC Department of Crime Control and Public Safety’s website using the following link: