Headlines Jeweler, Coin Dealer Charged With Precious-Metal Violations They allegedly failed to meet reporting requirements. Published 1 year ago on July 18, 2019 By INSTORE Staff Share Tweet YORK, PA – A jeweler and a coin dealer have been accused in Pennsylvania with violating reporting requirements for precious-metal sales. The York County district attorney filed charges against James Zimmerman of Zimmerman Jewelers and Dennis Steinmetz of Steinmetz Coins and Currency. A Pennsylvania statute mandates, “A copy of every record of transaction shall be delivered or mailed to the district attorney of the county in which a purchase of precious metals is made by the close of the next working day after the day on which the metal is purchased.” Both owners were contacted on Jan. 15 advising them that they were to return to compliance, according to a press release from the district attorney’s office. From Feb. 1 to present, Zimmerman Jewelers has had a 37% compliance rate, and Steinmetz Coins and Currency had a compliance rate of 17%, according to the release. Advertisement The York County District Attorney’s Office stated that it “has invested significant time and money in an effort to make submissions easier on precious metals dealers by creating a web-based reporting system.” Over the past two years, the program has grown to include Lebanon County and is in the process of expanding to Cumberland County. There are currently over 50 precious metal dealers using the website, who maintain an average 94% compliance rate. District Attorney Dave Sunday said, “It is the legal obligation of every precious metal dealer in the Commonwealth of Pennsylvania to provide this information to their jurisdiction’s District Attorney. Data from this website has proven to be an invaluable tool, aiding municipal law enforcement officers in solving drug and property crimes, and helping to reunite stolen items with their rightful owners.” Related Topics: Latest News TopLegal click to Comment(Comment) Up Next Jewelry Industry Writer Dies at Age 63 Don't Miss World’s Largest Diamond Mine to Close — Here’s What That Could Mean INSTORE Staff Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at [email protected]. Continue Reading Advertisement SPONSORED VIDEO Wilkerson Testimonials A Liquidation Sale during a Pandemic? Wilkerson Showed Them the Way For 25 years, Stafford Jewelers of Cincinnati, Ohio, was THE place to go for special gifts, engagement diamonds, high-end Swiss watch brands — in other words, the crème de la crème of fine jewelry. But this summer, the Stafford family was ready to retire. So, they chose Wilkerson to help them close up shop. “One of the biggest concerns was having the sale in the middle of COVID,” says Director of Stores Michelle Randle. Wilkerson gave the Stafford team plenty of ideas as well as safety guidelines, which they closely followed. “All of the employees felt safe, the customers coming in the door felt safe and we did a lot of business,” says Randle. How much business? “The inventory flew,” she says. Translation: They sold millions and millions of dollars-worth of merchandise. Randle calls it, “an incredible experience.” Would she recommend Wilkerson to other retailers who are thinking of thinning their inventories or retiring? “Everyone got more than what they expected out of the sale. You have to hire Wilkerson. They’re amazing.” You may like 2 Sentenced for Selling Fraudulent Native American Jewelry 3 Things You Can Do Now to Limit Your Long-Term Liability Video: Thousands of N-95 Masks Seized From NY Jewelry Store Promoted Headlines JYE’S International is Seen in All the Best Cases The Sylvie Collection Knows What Women Want Sylvie Collection From Chain to Casting, National Chain Group Does It All National Chain Group Advertisement Latest Trending Videos Big Survey11 hours ago Here’s What Surging Gold Prices Have Meant for Jewelers Press Releases12 hours ago IIJS Virtual 2020, A Game Changer for the Indian Gem & Jewelry Industry Press Releases13 hours ago GJEPC Invites Entries for The Artisan Awards 2021 Big Survey1 week ago The Guy Who Bought 13 Rings, and Other Tales of Serial Engagements Photo Gallery3 days ago 12 Photos That Show Off the Wow Factor at Thollot Diamonds & Fine Jewelry in Colorado Big Survey1 week ago 7 Out of 10 Jewelers Surveyed Said They Do Not Want to Add a Brand Sponsored Content1 week ago A Liquidation Sale during a Pandemic? Wilkerson Showed Them the Way Sponsored Webinars2 weeks ago Podium Presents: 5 Crucial Customer Experience Improvements to Make as You Reopen Jimmy Degroot2 weeks ago Video: How to Smooth Out the Chaos in Your Jewelry Store and Create Harmony Instead Advertisement SubscribeBULLETINS INSTORE helps you become a better jeweler with the biggest daily news headlines and useful tips. (Mailed 5x per week.) Latest Comments Most Popular Big Survey1 week ago The Guy Who Bought 13 Rings, and Other Tales of Serial Engagements Photo Gallery3 days ago 12 Photos That Show Off the Wow Factor at Thollot Diamonds & Fine Jewelry in Colorado Big Survey1 week ago 7 Out of 10 Jewelers Surveyed Said They Do Not Want to Add a Brand Sponsored Content1 week ago A Liquidation Sale during a Pandemic? Wilkerson Showed Them the Way Big Survey1 day ago 25% of Jewelers Are Drinking More This Year Because of COVID-19 Big Survey5 days ago What’s Wrong with Millennials? Here’s What Jewelers Say Big Survey11 hours ago Here’s What Surging Gold Prices Have Meant for Jewelers Sponsored Content1 week ago Why Have 1,800+ Jewelers Switched to BriteCo?