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45 <br /> licensee does not personally provide on-site supervisory services at <br /> the business at least sixty-four(64) hours per month. <br /> CITY: The City of St. Anthony, Minnesota. <br /> CONSIGNMENT: A written agreement between a licensee and a seller that enables <br /> the licensee to take temporary possession of secondhand property, <br /> owned by the seller, for the purpose of offering it for sale to the <br /> public.An agreement shall state the terms under which the seller <br /> will be compensated, and the amount of that compensation. <br /> DEALER: Any natural person, partnership or corporation, either as principal <br /> or agent or employee thereof, licensed under this Section. <br /> PRECIOUS GEM: Precious gems shall mean any gem that is valued for its character, <br /> rarity,beauty or quality, including diamonds, rubies, emeralds, <br /> sapphires or pearls, or any other such precious gems or stones, <br /> whether as a separate item or in combination as a piece of jewelry <br /> or other crafted item. <br /> PRECIOUS METALS: Precious metals shall mean gold, silver, platinum, and sterling <br /> silver, whether as a separate item or in combination as a piece of <br /> jewelry or other crafted item, except items plated with precious <br /> metal(s) and the plating equals less than one (1)percent of the <br /> items total weight. <br /> RECEIVE: To purchase, accept for sale on consignment, broker, or receive in <br /> trade for an item of equal or lesser value, any tangible personal <br /> property previously owned, used, rented or leased. <br /> RECORDABLE Every transaction conducted by a secondhand dealer in which <br /> TRANSACTION: merchandise defined in Section 565.13 is received, offered for <br /> sale, or intended for sale,whether inside or outside the City of St. <br /> Anthony. <br /> REPORTABLE Every transaction conducted by a secondhand dealer, inside the <br /> TRANSACTION City of St.Anthony, in which merchandise defined in Section <br /> 565.14(A) is received, and for which a daily report to the police <br /> department is required. <br /> SECONDHAND DEALER: Any natural person,partnership or corporation, either as principal <br /> or agent or employee thereof, whose regular business includes <br /> selling or receiving tangible personal properties, excluding motor <br /> vehicles, previously owned, used, rented or leased. The term <br /> secondhand dealer shall include auction house dealers. <br /> 2 <br />