To license as a pawnbroker, secondhand dealer, or precious-metals & stones broker in the City of New Haven, you file a $2,000 surety bond with the New Haven Police Department. Ours is $100 flat, issued instantly — the price you see is the checkout price. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.
















Municipal license bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials and no credit section.
Small fixed-amount license bonds like this are among the thousands that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with your pawn / secondhand / precious-metals license application. Wet-ink original mailed on request.
Connecticut regulates pawnbrokers, secondhand dealers, and dealers in precious metals or stones under Connecticut General Statutes Chapter 409, and a $2,000 surety bond is filed as a condition of the license. In a city with an organized police department, you license through that department — for New Haven, the New Haven Police Department.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of New Haven (the obligee), with your customers as the protected parties. If you fail to keep required records, mishandle pledged or pawned goods, or violate the dealer law, a harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Brokers who keep clean records and follow Chapter 409 treat the bond as a license formality, not a risk.
These are the actual issuing fields — the application has no credit section.
Start the application →$100 flat, no credit review, bond often issued in the same sitting. Free until issued.