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.
















City 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, no credit check section, no follow-up scavenger hunt.
License bonds like this are among the thousands of bond types 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 City of Detroit second-hand jewelry license. Wet-ink original mailed on request.
$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.
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.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.