A gold hallmark indicates that the gold content in jewellery has been evaluated and that the gold adheres to international standards of purity. But did you know that the process of gold hallmarking is unique to every country?
If you are buying gold abroad, you need to know how to identify hallmarked gold so that you can be sure you are getting what you are paying for.
Here is a guide on gold hallmarks in the United States of America.
In the US, an item’s karatage can be identified by independent signage close to the piece of jewellery or verbal information, rather than on the piece itself.
However, if it is marked, it must also have a trademark stamp in close proximity to identify its origin. In the US, the fineness in parts per thousand is often used to indicate purity instead of karatage.
But what does a US gold hallmark look like?
In the US, there is no single official gold hallmarking system for gold jewellery. Instead, there are independent assaying agencies across states and cities.
Jewellers of America is one of such agency. Association members have the letter “J” above the entrance to their stores to guarantee the quality of their gold jewellery and obligations to observe the Code of Ethics.
FTC (Federal Trade Commission) guidelines for the Jewellery Industry , provide for the following marks:
If you have bought gold in the US and are planning to carry it back to India, make sure you read this to know the necessary rules and regulations: Everything you need to know while travelling with gold.
Mexican 50 Peso is the official gold coin of the Mexican mint and is considered amongst the largest bullion coins minted for currency. Each coin contains 37.5 grams (1.2057 oz) of gold in an alloy of 90% gold and 10% copper (21.6 karat). These are popularly referred to as Centenario and were first minted in 1921 to commemorate Mexico's 100th independence anniversary. Its obverse side contains the image of Winged Victory
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