Precious Metals

Here's helpful information for obtaining a precious metals or tools/electronics license:

License applications are to be submitted online via the Licensing Sales and Tracking System. If you do not have an account for the Licensing Sales and Tracking System or have issues accessing your account, please contact preciousmetals@riag.ri.gov.

  • Licensing fee of $50.00 in the form of a check or money order.
  • For all businesses with branch stores, there is now a $50.00 fee per branch.
  • A Letter of Good Standing from the R.I. Division of Taxation. The fee is $50.00. Please contact the R.I. Division of Taxation at (401) 474-8829 with questions.
  • If you are a Corporation or LLC, a certified copy of your latest annual report or a certified copy of the articles of incorporation for newly incorporated or LLC businesses from the Secretary of State’s Office is required. The fee is $10.15. Please contact the Secretary of State’s Office at (401) 222-3040 ext. 1255 with questions.
  • List of buyer agents for NCIC check must be uploaded.
  • national background check (and fingerprinting) is required for a Precious Metals and/or Tools and Electronics licenses for all employees that buy and for corporate officers.
  • For questions or status inquiries, please email preciousmetals@riag.ri.gov.

Regulated Metals License

License applications are to be submitted online via the Licensing Sales and Tracking System. If you do not have an account for the Licensing Sales and Tracking System or have issues accessing your account, please contact preciousmetals@riag.ri.gov. The only documents that are to be submitted via mail or in person are as follows:

  • For all new and renewal Regulated Metals license applications, a $70.00 license fee is required via check or money order.
  • A Letter of Good Standing from the R.I. Division of Taxation. The fee is $50.00. Please contact the R.I. Division of Taxation at (401) 474-8829 with questions.
  • If you are a Corporation or LLC, a certified copy of your latest annual report or a certified copy of the articles of incorporation for newly incorporated or LLC businesses from the Secretary of State’s Office is required. The fee is $10.15. Please contact the Secretary of State’s Office at (401) 222-3040 ext. 1255 with questions.
  • For questions or status inquiries, please email preciousmetals@riag.ri.gov.