§ 5.08.011. Definitions.

Antiques means an object of personal property that is not less than 60 years old and has special value primarily because of its age.

Collectibles means an object of personal property that has a special value primarily because of its unique characteristics and the high level of demand for the object.

Commercial grade ingots means ingots of gold, silver, or platinum, or sterling silver art bars and medallions, provided that the ingots, art bars, and medallions are marked by the refiner or fabricator as to their assay fineness.

Junk means used or castoff articles or material of any kind, including but not limited to old iron, copper, brass, lead, zinc, tin, steel and other metals, metallic cables, wires, ropes, cordage, bottles, bagging, rags, rubber or paper.

Pawnbroker means a person engaged, in whole or in part, in the business of loaning money on the security of pledges, deposits or other secured transactions in personal property and includes any person who allows the use of a motor vehicle or title of a motor vehicle as collateral or security on a loan, if any of the loans involve the borrower forfeiting ownership of the vehicle at the expiration of the period of redemption. Pawnbroker shall not include banks, savings banks, trust companies, savings and loan associations, thrift companies, credit unions, development corporations, mortgage companies, insurance companies or companies conducting business pursuant to chapter 675 of NRS.

Secondhand dealer means any person engaged in whole or in part in the business of buying, selling or trading metal junk, melted metals or secondhand or used personal property, other than used books, antiques, coins and collectibles.

The term "secondhand dealer" does not include a person engaged solely in the automobile wrecking business, as regulated by NRS chapter 487.

The term "secondhand dealer" does not include a person who engages in the business of buying or selling secondhand firearms or any antique parts, accessories or other equipment relating to those firearms if:

(1)

The person engages in that business at an event or activity that:

(i)

is held at a convention facility which is owned or operated by and located on the premises of a resort hotel or is held at a recreational facility which is owned or operated by a county fair and recreation board; and

(ii)

is conducted for not more than seven days during any six-month period, and

(2)

the person has been issued a license as a manufacturer, importer, dealer or collector pursuant to the provisions of 18 U.S.C. Section 923.

Personal property includes but is not limited to:

(1)

All property which bears a serial number or personalized initials or inscription which, at the time it is acquired by any business licensed under this chapter, bears evidence of having had a serial number or personalized initials or inscription.

(2)

All property, new or used, received at the business location in pledge as security for a loan or purchased by any business defined in this chapter.

Personal property shall not include any coins, monetized bullion, or commercial grade ingots of gold, silver, or other precious metal or merchandise purchased from any manufacturer, distributor or wholesaler.

(Ord. No. 4765, § 1, 7-8-97; Ord. No. 4783, § 1, 9-9-97; Ord. No. 6072, § 1, 12-3-08; Ord. No. 6223, § 2, 2-8-11)