Yes, operating a precious metals store without the proper licensing is a serious misdemeanor offense. If you violate this law, you face up to six months in jail and substantial fines. Our client was charged with just that – Purchasing and selling precious metals without a license – a misdemeanor of the first degree. Unfortunately, our client also did not qualify for the exemption. However, we got him on the path to obtain the license and the prosecution and State of Ohio saw that he was someone pursuing a license. Instead of any jail, we negotiated a plea offer which involved diversion. Upon completing diversion, our client will have his case dismissed.