City of Hammond metals dealer bonds.
$275 flat. Five minutes.

The City of Hammond requires a fixed $5,000 bond of secondhand precious-metals dealers and transient merchants as a condition of its city license. Our price is $275 flat — 3% of $5,000 is below our $275 minimum, so the minimum applies. No credit check.

Required by the City of Hammond for secondhand metals dealers and transient merchants
Fixed $5,000 amount — set by the city, $275 flat to issue
No credit check — license bonds like this issue right after purchase
A-ratedA.M. Best carriers$275flat to issue1–3 yrterms available
Trusted by industry leaders
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How it works

Three steps. One sitting.

City license bonds are the simplest thing in surety. Here's the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. That's the application — no financials, no credit check section.

MINUTES, USUALLY

Pay & e-sign

License bonds like this issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the City of Hammond

Your executed bond arrives by email, ready to file with your Hammond secondhand-dealer / transient-merchant license. Wet-ink original mailed on request.

The whole pricing page.

$5,000 bond, $275 flat per term (3% of $5,000 is below the $275 minimum). Fixed amount, fixed price, multi-year if you want it.

1-year term
$275
2-year term
$550
3-year term
$825
About this bond

What it is and who needs it.

What the Hammond dealer bond guarantees

The City of Hammond licenses secondhand precious-metals dealers and transient merchants — businesses that buy and resell gold, silver, jewelry, and similar goods, or that sell from temporary locations in the city. As a condition of that license, Hammond requires a fixed $5,000 surety bond.

The bond is a compliance and consumer-protection guarantee: it stands behind your adherence to the city's secondhand-dealer and transient-merchant ordinances — record-keeping, holding periods, and honest dealing — and protects the public and the city against losses.

It is a three-party arrangement — you (the principal), the surety carrier, and the City of Hammond (the obligee). It is not insurance for you: if the surety pays a valid claim, you repay the surety.

City of Hammond — secondhand dealer / transient merchant licenseThe City of Hammond requires this $5,000 bond as a condition of its secondhand precious-metals dealer / transient merchant license. The bond amount and terms are set by the City of Hammond; confirm details on your city license application.

You need this bond if you are

A secondhand precious-metals dealer buying or reselling gold, silver, or jewelry in Hammond
A transient or temporary merchant selling from a non-permanent location in the city
A pawn or jewelry buyer the City of Hammond licenses as a secondhand dealer
Renewing a Hammond dealer license that requires a current surety bond

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the City of Hammond secondhand metals bond? +
The premium is $275 flat. The bond amount is fixed at $5,000 by the City of Hammond, and 3% of $5,000 ($150) falls below our $275 minimum, so the minimum applies. Same price for every dealer.
Do I pay the $5,000? +
No. You pay $275. The $5,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Who requires this bond? +
The City of Hammond requires it as a condition of a secondhand precious-metals dealer / transient merchant license.
Is there a credit check? +
Not on this bond — the application has no credit section. Small fixed-amount city license bonds like this one don't need one.
When does it renew? +
The bond must stay active for as long as you hold the city license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out.
Related bonds

Other New York bonds.

Hammond dealer bond, issued today.

$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$275
Apply now →