A bill
aimed to curb the illegal sale and trade of gold and silver is taking some heat
from those who work in the industry.
The proposed law working its way through
the New Mexico Legislature creates a list of rules that precious metal buyers
would have to follow.
For example, the buyer would have to photograph every
item and then document the seller’s hair, gender, height, weight, complexion,
and date of birth.
The bill’s sponsor hopes the regulations would cut down on
gold and silver buyers purchasing stolen goods, would those in the industry
complain the bill is overly burdensome.
The bill passed the first
committee unanimously.
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