Title: Bullion Product Dealer / Dealer Representative
A Bullion Product Dealer is any person who buys, sells, solicits, or markets bullion products or investments in bullion products to consumers and is incorporated, registered, domiciled, or otherwise located in this state; has a dealer representative located in this state; or does business with a consumer at an address in this state, or delivers or ships a bullion product or makes a payment to a consumer at an address in this state, unless the transaction occurs when the consumer is at a business location outside of this state.
A Bullion Product Dealer Representative is any natural person acting as an employee, contractor, or agent of a dealer and who has interactions with consumers for the purpose of the buying, selling, solicitation, or marketing of bullion products or investments in bullion products. This term does not mean a natural person who has interactions with consumers solely for administrative purposes.
Bullion product is defined as any coin, round, bar, or ingot containing silver, gold, platinum, palladium, or other precious metal.
Minnesota Department of Commerce
Subject: Currency Exchange
Creation Date: 9/11/2008 2:11:54 PM
Modification Date: 8/20/2010 9:38:27 AM
Agency Name: Commerce, Minnesota Department of
Agency URL: https://mn.gov/commerce/
Agency Description: The Minnesota Department of Commerce is the chief regulator for the banking, energy, insurance, real estate, securities, telecommunications industries and also operates Minnesota's Unclaimed Property.
Agency Phone: 651-539-1600
Agency Fax: Agency URL: https://mn.gov/commerce/
85 7th Place East, Suite 500
Unit Name: Licensing Unit
Unit Phone: 651-539-1599
Unit Fax: Contact person(s): firstname.lastname@example.org
Application URL: https://www.pulseportal.com/
Renewal URL: https://www.pulseportal.com/
Required Surety Bonds Forms
Bullion Coin Dealer Surety Bond - Corporation /LLC (PDF)
Bullion Coin Dealer Surety Bond - Partnership (PDF)
Bullion Coin Dealer Surety Bond - Individual Proprietorship (PDF)
See the application instructions at Bullion Product Dealer Registration -How to Apply
License Type Initial Fee Renewal Fee
Bullion Product Dealer $25 $25
Bullion Product Dealer Representative $10 $10
Period of Issuance:
Bullion Product Dealer and Representative Registrations expire annually on June 30.
Length of Determination: 2 - 4 weeks.
Activity: Debt Collection
License Detail URL:
Bullion Production Dealer Registration
License Lookup Directory