To create a new category of secondhand dealers called secondhand precious metal dealers. Requires secondhand precious metal dealers to maintain specific detailed records for transactions involving precious metals for a total of three years. Prohibits the removal of any precious metal property bought or received in pledge or by consignment by a secondhand precious metal dealer from the place of business or the county in which it was sold in, for a period of 30 days after the receipt of that property, except when redeemed by or returned to the owner.