Detroit second-hand jewelry bonds.
$275 flat. Five minutes.

The City of Detroit licenses dealers in second-hand jewelry and conditions that license on a $200 surety bond. Ours is $275 flat — our minimum, well above 3% of the small $200 bond amount. Five-minute application, no credit check on this bond.

Required by the City of Detroit to buy and sell second-hand jewelry
Fixed amount, fixed price — $200 bond, $275, no quote process
Multi-year terms available — set it up once for up to 3 years
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
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, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the City of Detroit

Your executed bond and power of attorney arrive by email, ready to file with your City of Detroit second-hand jewelry license. Wet-ink original mailed on request.

The whole pricing page.

$200 bond × 3% = $6, which is far under our $275 minimum, so the price is $275, one-time per term. 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 bond actually guarantees

A second-hand jewelry bond is a consumer-and-public-protection guarantee. Dealers who buy and resell used jewelry handle goods that can be stolen, so the City of Detroit wants a financial backstop that you keep proper records, follow holding and reporting rules, and don't deal in stolen property.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of Detroit (the obligee), with the public as the protected party. If you violate the second-hand dealer ordinance and someone is harmed, a claim can be made against the bond.

It is not insurance for you — if the surety pays a claim, you repay the surety. Dealers who keep clean records and follow the ordinance treat the bond as a license formality, and we keep your $200 filing continuous with renewal notices 60 and 30 days out.

City of Detroit — Business License CenterThe City of Detroit requires this $200 bond as a condition of its license to deal in second-hand jewelry; the bond amount and license terms are set by the City of Detroit (Business License Center / City Clerk). Confirm the current filing requirement with the City when you apply.

You need this bond if you're

Applying for a Detroit second-hand jewelry license — new applicants and renewals
A jeweler or pawn-adjacent business buying and reselling used jewelry
Renewing your city license and your current bond is expiring or non-renewing
A resale or consignment shop the City classifies as a second-hand jewelry dealer

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 Detroit second-hand jewelry bond? +
The premium is $275 — our minimum. The bond amount is only $200, and 3% of $200 is $6, far below the $275 floor, so every dealer pays $275. There is no quote process.
Do I pay the $200? +
No. You pay $275. The $200 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Why is the price more than the bond amount? +
Because the bond amount ($200) is tiny. Our flat 3% rate on $200 would be just $6, but every surety bond has a minimum premium to cover issuing it — ours is $275. So a $200 bond and a $5,000 bond both land at $275.
Is there a credit check? +
Not on this bond — the application has no credit section at all. 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, with autopay available.
Related bonds

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Finish your Detroit license checklist today.

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

Your premium @ 3%$275
Apply now →