Did not know that
Tennessee has some odd laws on buying precious metals. And the police will come take your stuff if you don’t follow them.
Remember, I do this to entertain me, not you.
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September 5th, 2012 at 6:49 pm
Ok, like pawn shops they have to keep records and they didn’t.
BUT… who keeps the gold? The cops?
September 5th, 2012 at 8:04 pm
The cops don’t keep the gold; they sell it, and use the proceeds. Cause that totally doesn’t create perverse incentives. That’s nothing new.
This particular statute may be relatively recent; there were a bunch put in place since 2004 with the uptick in metal theft, especially theft of copper from construction zones or metal from railways. Or it might be older.
September 5th, 2012 at 8:07 pm
Yeah, it’s an anti-fencing law. I imagine it’s like other forfeiture cases — if you can’t prove you own the things legally, they go on auction and the proceeds go into the public kitty.
September 5th, 2012 at 8:49 pm
And of course, it makes perfect sense to seize the cash too.
September 5th, 2012 at 9:36 pm
Well, yes. The proceeds of a crime are subject to forfeiture. Although, in this case, the cash is more of an “instrumentality” of a crime.
This sounds like a good law. I would not want my grandfather’s wedding ring turned into a shot in some junkie’s arm.
September 5th, 2012 at 10:24 pm
So the anti-fencing law is good. But this thing in TN with forfeiture of the cash and the metals without any conviction, that is quite evil.
We don’t know the whole story. This could be someone who was deliberately not asking questions about where the jewelry came from and whether it was legitimately owned, or it could be someone without any knowledge that what they were doing was a violation of any law. But even if the former, if we let stuff like this go on, what is to stop the government from seizing our property because of any of the “three felonies a day” we are said to all commit?
September 5th, 2012 at 10:44 pm
“Is it yours to sell?” is not a hard question.
September 5th, 2012 at 10:50 pm
The seizure is without court conviction, based only on a warrant (probable cause). The forfeiture is a court proceeding. The standard may be “preponderance of the evidence”, “overwhelming weight of the evidence”, “beyond a reasonable doubt”. Depends on whom you sent to the legislature.
September 5th, 2012 at 10:57 pm
In other words he should have been sharing with the cops in the first place… Not hoarding it all to himself..
September 5th, 2012 at 11:23 pm
So stealing and selling the stolen stuff for 10% of its value is fine for Randbots?
September 6th, 2012 at 12:13 am
Most larger towns have anti-fencing laws that require businesses that buy jewelry to keep such records. This is normal for pawn shops. They will not sell stuff immediately. They store it for a period of time to give themselves time to not accidentally fence goods.
Civil forfeiture is a separate issue … you can regulate jewelry buyers and pawn shops without it.
nk: The anarchocapitalist crowd has a lot of odd ideas. A few pawn shops getting sued by theft victims would cause them to delay sales even without government intervention.
September 6th, 2012 at 8:12 am
“So stealing and selling the stolen stuff for 10% of its value is fine for Randbots?”
Nobody ever claimed Libertopia was going to be all Smurfs and Care Bears, did they? (Well, some did, but they’re ‘tards. 😉 )
September 6th, 2012 at 8:28 am
Tam, I thought that and unicorns was the dem platform
September 6th, 2012 at 9:14 am
>This sounds like a good law. I would not want my >grandfather’s wedding ring turned into a shot in some >junkie’s arm.
Thanks, NK – Hollywood, already bereft of original ideas, will now put into production “Man with the Golden Arm, Part II”
September 6th, 2012 at 9:40 am
There is already, actually, an excellent older movie, “The Pawnbroker”, with Rod Steiger, where a pawn shop is used both as a fence and a money laundry for a ghetto gangster.
September 6th, 2012 at 9:54 am
A much better Rod Steiger. Language warning. http://www.youtube.com/watch?v=eAxJb1v-SnU
September 6th, 2012 at 3:08 pm
Tam, but if you’re proposing some alternative to the rainbows and bunnies of the Leftists you have to be able to answer all their objections, including being able to prove beyond all reasonable and unreasonable doubt that Libertopia will in fact be all Smurfs and Care Bears, or you’re mean spirited and want to throw granny off a cliff.
September 7th, 2012 at 12:46 am
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September 7th, 2012 at 11:16 am
“It is a basic principle of a tyrant] to unarm his people of weapons, money, and all means whereby they resist his power.” — Sir Walter Raleigh
September 7th, 2012 at 7:29 pm
FYI, the embedded link is not working – here’s another source: http://www.local8now.com/news/headlines/Blount-Co-Sheriffs-Office-seizes-cash-jewelry-during-raid-168622616.html