To deal in precious metals or gems in Prince George County, Virginia, you must obtain a local permit and file a $10,000 recognizance secured by a corporate surety — the amount fixed by Virginia Code §54.1-4108. Ours is $100 flat, the price you see is the checkout price, and the application collects no credit information.
















Dealer recognizance bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That is the application — no financials, no credit 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 the Prince George County permit application (issued through the Sheriff / County). Wet-ink original mailed on request.
Virginia regulates anyone who buys precious metals or gems from the public — pawn-adjacent dealers, jewelers buying scrap gold, coin and bullion buyers. Before a dealer can operate in Prince George County, Virginia law requires a local permit and a $10,000 recognizance secured by a corporate surety.
It is a three-party arrangement: you (the principal), the surety carrier, and the Commonwealth/Prince George County (the obligee), with the public as the protected parties. The bond stands behind your compliance with the dealer law — accurate recordkeeping, the holding period on purchased items, and honest dealing. If you violate it and someone is harmed, they can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Dealers who keep proper records and follow the holding rules treat the bond as a permit formality, not a risk.
These are the actual issuing fields — the application collects no credit information, because this bond's application doesn't need it.
Start the application →$100 flat, no credit review, bond often issued in the same sitting. Free until issued.